Personal Finance. How Much Credit Do You Need On A Credit Card To Hire A Vehicle?

Personal Finance. I Want To Hire A Van To Move House, But Want To Move Myself. I Have A Credit Card But Only With A £250 Credit Limit, Its Too Late F

Personal Finance : How Much Credit Do You Need On A Credit Card To Hire A Vehicle

I want to hire a van to move house, but want to move myself. I have a credit card but only with a £250 credit limit, its too late for me to apply for a new card or be able to up the limit, but if i want to hire a vehicle I am told you need a much higher "reservation" for them? Any idea how much? ~~~ wearyblueeyes ~~~

Best Answer To Personal Finance Question

Hi they swip your card and get authority to use it in the event you dont bring the car/van back or you bring it back damaged. So providing there is still some available balance when they swipe it even 1p it will go through

All Answers To Personal Finance Questions

Answer 1

I don't think they actually charge your card unless you stiff them on the bill.

Answer 2

Its usually £500. but depends on the company you're hiring from. Check out their website cos it will usually state the amount there xx

Answer 3

Hi, It's better not to use your credit card for buying a vehicle. You can do it through an auto loan instead. Find out how you can get a vehicle with an auto loan from . Good luck!

Answer 4

Hi they swip your card and get authority to use it in the event you dont bring the car/van back or you bring it back damaged. So providing there is still some available balance when they swipe it even 1p it will go through

Answer 5

depends where you live if in or near staffordshire, .uk dont charge deposit all you need is funds on card to pay for van, or try .uk i'm sure they dont charge a deposit and there nationwide

Answer 6

They don't actually charge anything to your card, unless you don't pay of course. So they won't know how much credit you've got. Good luck

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