Are you looking for ways as to how you can rent a car using your debit card? If yes, then you can do this easily through our 4 tips for car rental with debit card. Although, it is not very easy as many rental car companies ask customers for their credit card and not a debit card, but you can get some help from these tips. This is because renting a car to a person, who does not have a credit card, is quite risky for the rental car firms. And, if a consumer does not have a credit card, then it indicates that they are a credit risk.
Moreover, debit cards pose further problems for rental car agencies. For instance, what if the car renter with a debit card returns the car with an empty tank and there is no cash in their account for its payment. Or what if the car returns damaged and the insurance policy of the renter does not cover it and their bank account is also empty.
All these problems prevent rental car companies to offer car rental with debit card. However, rental car firms want their customers to borrow vehicles from them. Therefore, it is possible to rent a car with a debit card. But, be prepared to spend more time at the counter of the rental car agency and face hassles. Different companies have different details, which vary from their location. Here are some of the obstacles that you may stumble upon while getting a car on rent with a debit card.
Keep cash in your account
Your bank account should contain cash if you want to rent a vehicle using your debit card. The rental car company can lock up the whole rental amount beforehand as well as place a hold for up to $350 on your account. If all goes well, the car rental firm will release back the additional money to you. However, this procedure can take nearly 3 weeks.
Keep extra identification forms
When you go to rent a vehicle using your debit card, you must carry additional identification forms with you. It can also be your credit card, your driver’s license, or any other second or third identification form, in case of Rent-a-Wreck car rental firm. Moreover, you can also show your passport or one of your utility bills that has the same address as on your driver’s license.
Show or buy insurance poof
You need to show or purchase an insurance proof, if you want to opt for car rental with debit card. Most of the rental car companies ask debit card car renters to show insurance evidence. This also slows down the whole car rental procedure, as the car rental agency will then call on the number given on the insurance policy and will ensure that you have the coverage level that is required for car rental. If it is not, then they may ask you to buy sufficient insurance coverage for them or else they may refuse to give the car to you on rent.
You can get a credit check
Most of the rental car firms do an automatic check on the credit of the person, who opts for car rental with debit card. And, if their credit score is very low, then the agency can refuse you to rent their car. Moreover, you must remember that whenever there is a credit check, your FICO score can drop from 5 points to more, as per your current credit situation.
These are some of the tips that can help you to go for car rental with debit card. These tips will prepare you as to what may come, when you go to rent a vehicle using your debit card.