How Much Does Budget Hold on Credit Card?

How Much Does Budget Hold on Credit Card?

The Budget rental car holds deposits based on the rental location and card type, like debit or credit card.  

For Credit Cards 

• If you are booking from the corporate-operated rental location with your credit card, then the budget will hold $200 or 25%, whichever is greater. 
• If you are trying to book at a Canadian corporate-operated rental location with a credit card, then your budget will hold 300 Canadian dollars for the first day and 75 Canadian dollars for each additional day.
• For persons who are in the age group of 21–25, debit cards are not allowed for payment. There are also certain sole discretions available for payment hold, which will increase the overall holding amount, so do contact the budget for more clarifications. 

For Debit Cards 

• For the debit card, the minimum hold is $100, and in select Northeast and North Central regions of the US, the hold is $500.
• There are restrictions on debit cards being used for holding deposits, and they are only available to people over the age of 25, based on the rental locations. 

Which Credit Card is Acceptable for a Budget Rental Car?

The Credit cards that are acceptable for a Budget Rental Car are as follows:  

• American Express
• Discover 
• Mastercard
• Visa 
• JBC/Japan Card 
• Optima 
• Budget International and 
• Budget Charge Card.

In certain locations, they may require an ID check other than a credit card ID to prove that the ID is verified by said person, and this list might not be exhaustive. For more credit card details, visit the nearest budget rental locations and confirm them, or visit the budget website.

What Documents does one need for a Budget Rental Car?

The documents one needs to book a budget rental car

Valid Driver's License ID:

The driver's license must be in physical hard copy. Digital copies are not accepted by budget rental cars. On this driver's license, your name must be printed clearly. If you are a foreigner, then you need to have a driver’s license and passport, along with a round-trip airport ticket from where you live and an international driver's permit. These details are even more necessary if your driver's license does not use the Roman alphabet. 

Credit or Debit Card:

The credit or debit card is used for the deposit holds and for payments. but mostly credit cards are used for deposit holds with a minimum hold of $500 and another $100 for the minimum service hold for 

• Insurance or auto repair
• Tour Rentals 
• Pre-paid rentals 

The credit cards they accept are as follows: American Express, Discover, Mastercard, Visa, JBC/Japan Card, Optima, Budget International, and Budget Charge Card. Debit card deposit hold payments will be available in select places, and they will perform credit checks to ensure creditworthiness before handling the rental car. 

Clean Driving Record:

This is mostly required if you book the car from the corporate rental location. Then they will look at the Department of Motor Vehicles, and they will be assessed based on the details of infractions like drunk driving, reckless driving, and continued accident involvement within a 36-month period. 

All these documents are necessary and must be before the budget gives rentals for cars. 

What is the Minimum age for the Budget Rental Car?

The minimum age requirements will change based on the locations; one needs to check them via the budget website. 

But generally, in most corporate rental locations, the 21–24 age range is accepted, and a $27 underage surcharge will be applicable for age verification. Persons who are of this age group won't be able to rent luxury cars, minivans, 12-passenger vans, specialty vehicles, full-size SUVs, or premium SUVs. 

• For people with US (military or civilian) personnel with government travel orders, the minimum age is 18, and an underage surcharge will not apply. 
• For people with US (military or civilian) personnel traveling without government order, the minimum age is 21, except for the States of Michigan and New York, and no underage surcharge will apply. 
• If people with US (military or civilian) personnel travel for leisure, then an underage surcharge will apply for 25 years of age. 
• For disabled people at corporate-operated locations, there won't be an underage surcharge. If any one of the renters or authorized drivers is over 25 years of age, if both of them are under 25, then an underage surcharge will apply.