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How much is an avis security deposit?

Published in Car Rental Deposits 1 min read

Avis typically requires a $250 minimum hold as a security deposit, which is applied to your credit or debit card at the time of rental.

Avis Security Deposit Details

When you rent a car from Avis, your payment card will be charged the total amount of the rental agreement, plus an additional hold. This hold acts as a security deposit to cover potential extra charges that may arise during your rental period.

Understanding the Avis Hold

  • Minimum Amount: The minimum hold amount is $250. This applies to rentals made with both credit and debit cards.
  • When It's Applied: The hold is placed on your card at the time you pick up the vehicle.
  • Release of Funds: After you return the vehicle, Avis will release any unused portion of this hold.
  • Processing Time: While Avis releases the hold promptly, it's important to note that it may take up to two weeks for your bank to process the release and make the funds available in your account. The exact timing can vary depending on your financial institution.

For more detailed information regarding rental costs and charges, you can refer to the Avis FAQ on their official website.