Car rental deposit amounts in 2024

How Much Is Car Rental Deposit In 2024

You are about to book a rental car however, do you have question marks? We are here to answer all your questions!

Renting a car for the first might feel little considering. If you have concerns about hidden fees, you can easily book your rental through Carla to save up to 30% per your booking. Our rates include tax and fees and you won’t face with any hidden fees at the counter of your rental company. In 2024, we offer exclusive deals thanks to our partnership with major suppliers. If you are looking for a hassle free experience, download Carla App or book your rental through Carla Website now!

What Is Car Rental Deposit?

A car rental deposit is a financial security measure imposed by car rental companies to safeguard against potential risks and ensure responsible use of their vehicles. When customers rent a car, they are typically required to provide a deposit, which is a predetermined amount held by the rental company for the duration of the rental period. The deposit serves as a form of insurance, covering potential damages, excessive wear and tear, or any violations of the rental agreement terms. Once the rental period concludes without any issues, the deposit is usually refunded in full or credited back to the customer's account. However, in the event of damages or policy violations, the rental company may use a portion or the entirety of the deposit to cover the associated costs. The purpose of the deposit is to encourage responsible use of the rented vehicle and ensure that it is returned in the same condition it was received.

How Much Is Car Rental Deposit?

Avis: At the time of rental, your card will be charged the rental amount along with a minimum hold of $250 for both credit and debit cards. Upon returning the vehicle, Avis will release the unused portion of the hold. It's important to note that it may take up to two weeks for your bank to release the funds.

Budget: At the time of rental, Budget will place a hold on your credit or debit card to cover estimated charges, along with an additional amount of up to $500. It's important to note that a hold on a debit card restricts the available funds in the associated account. Canadian rental holds are $750 CAD for the first day and $75 CAD for each additional day.

Sixt: Typically, a minimum of $200, in addition to the rental amount, will be charged to your payment method for security reasons. For high-value vehicles, the deposit may be higher. Please note that these funds will not be accessible to you during the rental period.

Alamo: Renters who do not have a confirmed return travel itinerary must present a credit card with ample available credit to cover the estimated total rental amount, along with a deposit ranging from $300 to $400. The specific deposit amount depends on the rental location and the class of vehicle selected.

Hertz: The security deposit for a Hertz rental is $200, which is refundable. Hertz collects and holds this deposit on your credit card or debit card when you pick up the car. The deposit is returned when you conclude the rental and return the vehicle.

Ace: A refundable security deposit of $250, in addition to the rental amount, will be held during the pickup for all credit card transactions.

Payless: Typically, during the rental process, a credit card hold of $250 is required. This amount is separate from the rental cost.

Europcar: When acquiring protection that reduces the damage excess to 0€ for rental destinations such as Germany, the United Kingdom, and Portugal, the deposit amount will be lowered to 100€ (or £100 or the equivalent in the destination country currency).

Fox Car Rental: Usually car rental deposit amount is $250 to $500 for Fox. Amount will be refunded in 5-7 days after the drop-off.

Thrifty: Thrifty Car Rental may place an authorized hold on your credit/debit card to cover the estimated rental charges plus up to USD $200.00 for Credit and $500 for Debit. If you fully prepay your rental through Carla, there won’t be any rental charges.

Dollar: Similar to Thrifty Car Rental, Dollar places an authorized hold amount between $200-$500.

Easirent: For Domestic Renters, a standard deposit of $250 is mandatory and must be made using a major credit card. Local Renters using a credit card may be subject to a deposit of up to $1000. It's essential for the renter to present a valid debit or credit card, and the card's expiration date must extend beyond the rental due date.

Car Rental No Deposit

If you are looking for a rental car without deposit, unfortunately it’s not possible since all rental companies requires deposit amount in order to rent your vehicle. Since deposit isn’t a charge, you only need to show it in your credit or debit card account.


Mert Aktas

29 December

Mert is a content creator in car rental industry. Mert is also addicted to travelling. You can connect him on LinkedIn or follow him work on Instagram.

Recently Published

Plan Your Perfect Memorial Day Weekend Getaway with CarlaLast Minute Cheap Car Rental for Memorial Day 2024Why rent a car in Fort Lauderdale?Car Rental Florence Italy. Is it necessary? The Ultimate Guide 2024Car Rental Deals In Dallas, TexasOne-Way Car Rental In 2024Car Rental In Spring BreakMercedes Vito Rental In IstanbulHow To Rent A SUVCar Rental Requirements 2024Valentines Day 2024 Car RentalCar Rental With Debit Card 2024Car Rental Insurance In 2024Electric Vehicle Car Rental - Deals In EVsCar Rental In 2024: Tips and TricksCar Rental Promo Code For New Years EvesCar Rental Tips For New DriversChristmas 2024 Car Rental - Book Your Rental In AdvanceCan I Rent A Car With Cash?Thanksgiving Car Rental Promo CodeElectric VS Gas Car RentalOne-Way Car RentalBest Cars To Rent In Winter 2023Hotel Deals In Seattle, WAHotel Booking In Houston, TexasBook Your Hotel: New York GuideBest and Cheapest Hotels In Las Vegas: Ultimate GuideCar Rental In DubaiCar Rental In Columbus Day 2023Age Limitations of Car Rental CompaniesCheapest Places to Travel Labor Day Weekend 2023PayPal Car RentalPay Later Car Rental With KlarnaWhen Is The Best Time For Booking Hotel?Tips For Finding a Cheap Hotel Near YouHow To Rent A Car In Turkey? Check Out Before You RentHow To Chance Tire? Roadside Assistance with CarlaHow To Skip The Line In Car Rental OfficeTricks That Help You To Find Cheapest Flight TicketsFind the BEST Car Rental Promo Codes For 4th of JulyCar Rental Requirements In EuropeFrance bans short-haul domestic flights: It’s great time to rent a car!Rent Your Tesla Through Carla Step-by-Step Plan Your Next Holiday Best Memorial Day Weekend Getaways 2023Buy Now Pay Later Car Rental In 2024Cheapest Rental Cars In Orlando AirportHow to Rent a Car in USA as a ChineseStep by Step Car Rental Process in Taiwan for Foreigners 2023Luxury Rental Cars Near You l Find The Best Deals5 Easy Car Rental Tips and Tricks in 2023Tips for Stress-Free Family TravelIs Fox Car Rental Good?Your Ultimate Guide to Airport Rental Car ReturnCar Rental Las Vegas: Ultimate Guide to Exploring Sin City with a Rental Car Long Term Car Rental: The Benefits and Things to ConsiderThe Ultimate Guide to Luxury Car Rental 2023Rental Car Return: Tips and TricksShould you rent your car from the airport? Pros and cons of airport car rentalGreen Motion Car Rental: Eco-friendly ChoiceLeonardo da Vinci International Airport Car RentalBest Rental Cars in 2023Plan Your Trip To Los Angles with CarlaHow Much Car Rental Deposit In 2023?Best Travel Destinations In 2023 Affordable Car Rental Options In Italy Contactless Car Renting With Carla Cheapest Rental Cars For Uber Amazon Flex Car Rental Deals Celebrate Valentines Day With A Romantic Getaway How To Find Rental Car CentersFind the Jeep Rentals Near You!Catch The Best Weekly Car Rental DealsBest Places To Travel For New YearsCheap Rental Cars Near MeHow To Rent A Car For Uber: Everything You Need To KnowBest Car Rental Deals In Bilbao 2022Now Rent Your Convertible Car With Discounted Amounts!Renting A Car In Europe As An AmericanSpokane Airport Car Rental DealsGuess the Final in Qatar FIFA World Cup 2022, Get $100 Carla Cash!How Old Can Rent A Car?Catch the best deals on ChristmasRenting a car for Lyft: Start ridesharing now!Everything You Need To Know About CarlaHow to Get Around in Qatar During the World Cup?Catch The Best Deals On Cyber MondayEverything About Rental Car InsuranceBlack Friday Car Rental DealsHow to Travel for Cheap Around Thanksgiving?Best Thanksgiving Travel TipsIs Renting a Car for your Gig Work a Good Idea?Best Getaway Ideas for Columbus WeekendTravel Now, Pay Over Time with CarlaExclusive Tips for the 4th of JulyCan You Pay for Trip Later? | BNPL with CarlaDrive for Amazon Flex, Instacart, DoorDash, Uber Eats and Lyft with Carla!How to get a refund if you cannot pick up your car at the counter?Are European Countries Open for Qatar Travellers?Are European Countries Open for KSA Travellers?Are European Countries Open for UAE Travellers?Which Countries are Open for Kuwaiti Travellers?Plan Your Labor Day Trip with CarlaCar Rental Shortage and How to Avoid ItCarla CareersCreating Journeys That MatterRenting A Car With A Debit Card Is Not A Dream!Better Than Car SharingHow to Rent Out Your Car?How to Rent a Car? (For First-Timers)Road Trip In California Is A Bucket List Journey!Everything You Need To Know About TLC Car RentalsCar Rental Curbside Delivery Provides Contactless Experience For Our CustomersHow to Book a One-Way Car Rental5 Top Roadtrips to take on 4th of July WeekendHow to rent a car on the July 4th 2023 weekend getaway#blacklivesmatterPartner with Carla car rentalLast Minute Cheap Car Rental for Memorial Day 2023Can you rent a car amid the pandemic?Renting a Car for InstacartCar Rental Near MeIs Renting a Car Long-Term Better?Contactless RentExtra fees at the counterUpgrade your reservation for FREE!Can you Rent a Car with Debit Card?Trip Cancellation CoverageThanksgiving Travel TipsHow to save at least €500 on your trip to FlorenceItaly Car Rental TipsTop 10 Cool Things to do in BerlinTravel Tips in ParisCar Rental at Port of MiamiSimilar Concept in Car Rental IndustryHow to Travel for Super Bowl LIIIHow to Avoid Cross-Border Fees in Car Rental"Must-Known" Traffic Rules in the USAHow to Save Money and Time on Your Christmas TripTop 5 Destinations for Thanksgiving HolidayTop USA Destinations for a Great AdventureCar Rental in the UKHow to Rent a Car with a Debit CardLow Cost Car Rental - Keddy by EuropcarCar Hire with Cross BorderUseful Tips for a Better Car Rental Experience for Your Summer Holiday!Drive Your Dream Car: Lamborghini Huracan for Less Than You ImagineThe Best Destinations for Easter HolidayHow to Travel for Super Bowl WeekendHow to Avoid Additional Driver Fees for Your Rental CarHow to Rent a Car with Keddy?How to Find a Car Rental Near Me and Get the Best DealPort of MiamiCar Rental Deposit and Debit Card PolicyHow to Rent a Car Avoiding Under 25 Fee (for USA) - 2023How to Rent a Car Avoiding Under 25 Fee (for Europe and UK)Car Rental 101Car Rental Tips from CarlaRental Cars for Any BudgetAdvantages of Renting a Car
Download Carla to get car rental deals