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Car Hire & Transportation Discuss the best way of getting around Florida.

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Old 1 May 15, 10:39 AM  
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TIMCSS
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"Ringfenced" Money on car hire collection

Hi everyone,

Just wondering how much money people have had ringfenced on there cards when collecting their card hire?

Cheers

Tim
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Old 1 May 15, 10:45 AM  
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lolalolo86
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Following as also curious about this and if this still happens when the car hire is pre-paid for? Do you still need to have a swipe of credit/debit card? Thanks
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Old 1 May 15, 10:54 AM  
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SMAX
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"Ring fenced" is actually the wrong expression. Ring fencing is the corporate procedure for the protection of assets i.e. the money on the card in the event the card issuer goes bust.

en.wikipedia/wiki/Ringfencing

The procedure you are referring to is called "Authorisation Hold". Where a set amount of money is blocked out on the card for possible future charges.

en.wikipedia/wiki/Authorization_hold

Personally I always use my Credit Card for this purpose as it is not charged anyway and has a decent credit limit. So an authorisation hold is not going to affect my ability to use the card.
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Old 1 May 15, 11:59 AM  
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markpwa8
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I have just come back from Malta and they took 1400 euros off my card at the hire desk. It was then refunded when returned.

I need to know for Florida as I wont have that kind of "free" money...
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Old 1 May 15, 12:02 PM  
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Mr Tom Morrow
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I always use Alamo either via Brits or Virgin. Pre pay and never have had a hold put on for any amount on my card.
In fact I am in SSR now and just checked my Barclaycard before paying it and there is certainly nothing showing on there.
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Old 1 May 15, 12:03 PM  
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TIMCSS
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Originally Posted by markpwa8 View Post
I have just come back from Malta and they took 1400 euros off my card at the hire desk. It was then refunded when returned.

I need to know for Florida as I wont have that kind of "free" money...
Thats an INSANE amount of money.

From what Avis have told me, from what i have booked though BA, which was a group B car (focus) $200 will be secrued on my card, but as i have already upgraded (mustang) the extra cost of $218 dollers would be added. So around $418 on my card on hold which is about Ł270 pounds.

But then again ill get there and be totally different. Hence what i wanted to know what others have had.
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Old 1 May 15, 12:11 PM  
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oeamon
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Originally Posted by TIMCSS View Post
Thats an INSANE amount of money.

.
thats the norm in Europe.
if you do not take out the full insurances with the hire company the usually put a hold on the cc. ive had up to €2000 fr bigger cars. drops off as soon as you return car.
between alamo and dollar (since 2001) i can remember once haveing a $1 hold
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Old 1 May 15, 12:15 PM  
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w3dal
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Originally Posted by Mr Tom Morrow View Post
I always use Alamo either via Brits or Virgin. Pre pay and never have had a hold put on for any amount on my card.
In fact I am in SSR now and just checked my Barclaycard before paying it and there is certainly nothing showing on there.
Tom, how did you find the OLCI experince this time around?

perhaps you could pop a thread about it - would be handy for those who have booked this method and going shortly

only if you have time of-course
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Old 2 May 15, 12:11 PM  
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TIMCSS
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I just wish there was clear information from Avis, they seem to shuffle they poistion alot. One says $200 one says estimated rental charges, So its all over the place really.
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Old 2 May 15, 06:03 PM  
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tspill
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Originally Posted by TIMCSS View Post
Hi everyone,

Just wondering how much money people have had ringfenced on there cards when collecting their card hire?

Cheers

Tim
I have never had a hold when renting from Alamo (pre pay). I believe if you pay on arrival there is a hold.
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