Why do you need a credit card to rent a car?

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Why do you need a credit card to rent a car?

Rounding it up

  • Rental services require credit cards as collateral to ensure the safe and sound return of borrowed cars.

  • Credit cards are also used to pay for incidental fees, or unexpected costs.

  • Some merchants accept prepaid Visa credit cards (like your KOHO card) as valid forms of payment.

  • Always read the entirety of rental agreements to avoid unnecessary charges.

7 min read

Ryan Severance
#credit#credit cards#rental#cars

Ryan Severance

Ryan Severance is a professional freelance author and the owner of American Scribe LLC. With degrees in political science and socio-legal studies, he writes about business, politics, and law for clients around the world.

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The KOHO Visa* Prepaid card is issued by Peoples Trust Company pursuant to license by Visa Int. *Trademark of Visa Int., used under license. **These services are provided by Service Providers, including Visa, Peoples Trust Company and Galileo Processing. Learn more about your finances with Visa Practical Money Skills.