William Memphis, WalletHub Credit Card Advisor
@bill.memp1
Yes, you can rent a car with your Sable Credit Card. Keep in mind, though, that you need to have enough available credit to accommodate the hold that the rental agency will put on your card. That’s the case with any credit card, yet it’s a bigger concern with secured credit cards because the spending limit on a secured card is equal to the amount of the security deposit you put down.
When you basically have to pre-pay for all of your purchases, you’re unlikely to have as high of a spending limit as you would otherwise. So, even if you have enough credit available to cover the cost of your rental, plus incidentals, renting a car with your Sable Credit Card could make other purchases difficult to complete until the rental company releases the hold on your account. Using a large portion of your credit for a car rental may also increase your credit utilization, which is bad for your credit score.
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