How Much Money Do Rental Car Companies Hold On Credit Card? [Solved]

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How Much Money Do Rental Car Companies Hold On Credit Card? [Solved]

Many US rental car offices place a hold on your credit card when you pick up your rental vehicle. Typically, this amount is equal to your estimated rental charges plus the greater of a fixed-dollar amount or a percentage—normally 15 to 25 percent—of the estimated rental charges.4 May 2020

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