Sunday, May 26, 2013

How to Rent a Car With a PayPal Debit Card


1. Call the rental car company in advance or review their policies online to make sure that they accept Paypal debit cards. The majority of companies that accept bank-issued debit cards will also accept Paypal, but make sure before you begin the rental process.
2. Review Paypal's policy concerning debit card usage. Paypal will hold the funds associated with a transaction for approximately 5 business days in order to give the merchant time to claim the funds. If the funds are not claimed, the hold is released, but the merchant still has 30 days from the original transaction date to claim the funds.
3. Read the rental agreement carefully. Many rental car companies also place temporary holds greater than the amount of the transaction on customer's debit cards to cover any damages that may occur during the rental period. Take note of the total amount to be charged to your card, and when the hold on any additional funds will be released.

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