Sage-Tips

Do rental car companies accept prepaid credit cards?

Enterprise and Hertz both allow you to use a prepaid card to pay for your rental car. Some Enterprise locations accept cash and money orders for final payments only, while others allow you to secure a rental this way. Hertz accepts prepaid cards for final payment only.

Is a prepaid card a deposit account?

Unlike a debit card, a prepaid card is not linked to a bank account. Generally, when you use a prepaid card, you are spending money that you have already loaded onto the card.

Can prepaid cards be refunded?

However, most prepaid credit cards—including those issued by Visa and MasterCard (meaning nearly all of them)—are treated just like regular credit cards. This means that you can receive a refund by returning the item as you would when you paid with cash or a debit card.

Does enterprise take prepaid cards?

Enterprise accepts pre-paid gift cards with a Visa, Mastercard® or Amex symbol as a form of payment at the end of a rental. We do not accept gift cards to secure a rental*. *Enterprise does not issue gift cards and will never ask you for credit card or other payment information over the phone.

How does a prepaid Visa work?

A prepaid Visa debit card is a card that is preloaded with a set amount of money. You can use it to pay bills, withdraw cash or make purchases. Prepaid Visa debit cards aren’t linked to a checking account like a traditional debit card — you can only spend the balance connected to the card.

How do I get money off a prepaid card?

How to Get Cash From a Prepaid Visa Debit Card in 2021

1. Choose a Prepaid Visa Card. There are many prepaid Visa cards from which to choose.
2. Get a PIN to Use at an ATM.
3. Withdraw Cash Via a Bank Teller.
4. Get Cash Back at a Register During Checkout.
5. Withdraw Cash at Select Reload Locations.

What is the purpose of prepaid card?

A prepaid card is a card you can use to pay for things. You buy a card with money loaded on it. Then you can use the card to spend up to that amount. A prepaid card is also called a prepaid debit card, or a stored-value card.

Can you dispute charges on a prepaid card?

That said, even though prepaid cards are not covered by the Fair Credit Billing Act, customers still have the right to file prepaid card chargebacks in most cases. Thus, if the terms give customers the right to file a chargeback, you’re obliged to go along with it.

Why would Enterprise keep my deposit?

Like all car rental companies, Enterprise will put a hold on your credit card or debit card when you rent a car. The hold is equal to the rental rate plus a security deposit. The company holds this sum to guard against scenarios like an accident, late return or additional fuel charge.

Which car rental companies accept prepaid debit cards?

The best overall rental option in our list is Avis — it accepts prepaid debit and credit cards, and it is also the only rental company that does not require an initial deposit (though it may still place a hold on your account).

Can you use a prepaid credit card to return a rental car?

There are several companies that accept prepaid cards for payment when you return your rental car. However, many still require you to present a credit or debit card at the time of reservation. Most companies will place a hold on your card for the estimated costs of your rental, and they will release these funds when you return the vehicle.

What happens to your deposit when you rent a car?

For those that accept prepaid debit/credit cards at the time of rental, the company will place a deposit hold for a certain amount on the card at the start of your rental term, and you won’t be able to use those funds until you return the vehicle. This deposit is refunded when you return your rental.

Why don’t rental companies take debit cards for deposits?

This is why rental companies tend to take credit cards, but not debit cards, for deposits: in case a repair bill ends up being bigger than the security deposit, or a fine doesn’t show up until months later.