Delaney Simchuk, Car Insurance Writer
@delaney_simchuk
You can rent a car with a $300 credit limit, but it depends on the amount of time you plan on renting the vehicle and the type of vehicle you're renting. The rental company will put a hold on your credit card for the amount due, so if that is more than your available credit, or if you’re uncomfortable with that, you can simply use a debit card or pay the bill with cash.
Although most companies prefer to rent a car to a driver with a healthy amount of available credit, if you have sufficient funds on your debit card and a good credit score, you're likely to be able to rent a car without difficulties. If you have a poor credit score, however, rental companies can refuse to give out a car out of fear that they might not recover their losses should anything happen to the car.
People also ask
Can you rent a car with a secured credit card?
Yes, you can rent a car with a secured credit card, but 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 such a card is equal to the amount of the security deposit you put down.
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You can rent a car with your Total Visa Card by using it to pay for the rental.
However, it's not the best idea, as it's an unsecured card with a starting credit limit of $300, further lowered in the first month by the annual fee.
Assuming you have this credit limit, and all your balance available, you could only rent a car for approximately 2 days. That's because rental companies usually put...
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