Rental Car Deposits and Credit Card Holds Explained
Updated Oct 25, 2026 · Hannah Breckett · 6 min read
Rental desks often block a large sum on your card. Here is why, how much, and how long it lasts.
What this article covers
When you pick up a rental car, the company usually places a hold on your credit card for a security deposit. It covers potential costs such as damage excess, fuel, tolls, or fines.
The hold reduces your available credit, which can catch travellers out mid-trip.
How much is held
The amount varies by company, country, and car category. It is often linked to the damage excess and can be much higher if you decline the company’s own excess-reduction product. Premium and prestige cars carry larger holds.
Credit vs debit cards
- Many companies require a credit card in the main driver’s name
- Some accept debit cards but may take the deposit as an actual payment
- Prepaid and virtual cards are often refused
- The card name must usually match the driver’s licence
Getting the money back
When you return the car without issues, the hold is released, but it can take several days or longer for your bank to show the funds as available. Debit card refunds can take longer than credit card hold releases.
Tips
Check your credit limit before travelling, ask the exact hold amount when booking, and keep receipts for fuel and tolls in case of disputes. See our standalone excess insurance guide for how excess cover affects deposits.
This is general insurance information, not legal, financial, or insurance advice. Coverage depends on your specific policy, insurer, and jurisdiction. Read your policy documents and speak with a licensed insurance agent or broker before making decisions.