What Forms of Payment are Accepted for Renting a Car?

Car rental Dubai companies make it as easy as possible for customers to pay for their bookings. Thus, it is not difficult to see that these companies accept different forms of payment.

Today, let us take a deeper look at the various payment methods, their pros and cons, and how you can make the most out of your money.

Credit cards

Credit cards are the most commonly used payment methods today. It is not only convenient for the customers, but also the car rental company. Whether you’re after luxury or economy car rentals, you can use your credit card onsite or online.

The main reason that credit cards are the most desirable mode of payment is that the credit card itself serves as a collateral or security. Most car rental companies won’t let you rent their car if you don’t have a credit card.

Think about this for a second: car rental companies put themselves at great risk of losing their asset, in this case, the car. If you compare what you are paying to what you are getting, there’s no doubt that car rental companies are in the losing end.

Thus, to lower their risk, they need something to hold onto if a problem arises. If they have your credit card, they can still track you down and be able to obtain proper compensation for whatever damage was done.

Debit cards

This payment method is almost the same with credit cards. However, you need to leave your credit card as collateral.

The same procedure is done when booking a car rental. You can book a car using your debit card online or in the car rental office.

Moreover, you need to ask your car rental companies if they charge additional fees for using debit cards. There are those companies that may charge you more than what is due. The excess money serves as a deposit or a buffer charge that they can use in situations when you incurred excess fees. For example, they will use the money to cover damages, mileage overages, and refueling charges.

Don’t worry; if no additional charges are incurred, the company would give your money back. However, a refund may take a few days.

Be sure that you have enough funds in your debit card. If you don’t have the right amount of money, your card will be rejected. If you are tight in budget, a debit card may not be enough.

Cash

If it is convenient for you, car rental companies also accept cash as payments. However, like the first two payment discussed you still need to leave your credit card as collateral.

Final words

Credit card payments are the most widely accepted payment methods by car rental companies. These companies do accept debit cards and cash as a mode of payment however, a credit card is still needed to act as a security.

If you want to learn more, you may contact EuroStar. We readily accept credit cards and make it super easy for you to make bookings online.  EuroStar offers a wide range of well-maintained vehicles. We also provide short term and long term car rental Dubai services. Give us a call today to learn more.