Car/Van Rental Deposit Queery

[Vincent]

If you rent a van and use your debit card for the deposit, are the rental people supposed to put the deposit straight back when you return the van?

I rented a Van over Xmas for the day. the bloke at the rental place assured me that the deposit would not be taken unless I return with the van damaged. To cut a long story short, the van was returned with no damage and they held the deposit for a week - which has ended up costing me £66 in bank charges Is it the bank's fault? I feel like I've been mugged but unsure of by who
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Space Is Deep

[Wafer_Thin_Ham]

Did them having the deposit send you overdrawn?

If so, then you should have chased it more quickly, or planned better. I think you've done yourself over, although I would be asking the rental place what the hell's going on.
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[Vincent]

[Wafer_Thin_Ham]

[Vincent]

In my experience, rental agreements have small print to cover any eventuality
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Space Is Deep

[Rogerborg]

Invoice the rental agency while asking nicely for your bank to refund the charges.
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[Vincent]

Is it possible for anyone holding on to funds like this to make profit out of it? I had a similar thing happen before and remember the furore over paypal holding onto peoples funds.
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Space Is Deep

[1198]

Rented a van with Enterprise last weekend. They took (and removed) £200 as a deposit, which they refunded a couple of days after I returned the van. The delay in the refund was due to me paying by debit card rather than credit card. All was explained clearly before I drove the van away to be fair.
(I must have been lucky and got them when they had an offer on too. £20 per day as opposed to £50 odd. Happy days! Unsure why they wanted a mobile number and TWO landlines, but for £20 a day I didn't object too much.)

[Whosthedaddy]

Never been straight away in giving it back.
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[Vincent]

Whenever I've rented before, they havn't even taken anything out - just hung onto my details.
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Space Is Deep

[swampy]

[Vincent]

I think it'll be cash next time - presuming they give that back on time - maybe they'd like to borrow that for the week too
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Space Is Deep

[1198]

[hmmmnz]

our car broke down just before we wee headig up north for a pre booked holiday, got a cheap deal with interprise, they tried to load our credit card for a £200 deposit if their was any damgage, for some reason it didnt work so actually had to take £200 from our account then refunded it if there was no damage, no problem because there was the money in the account, but we were still down untill it was returned
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Wiring Diagrams BIDNIP it bitches

[Easter Bunny]

double post
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The light at the end of the tunnel is an oncoming train!

[Easter Bunny]

Some hire companies don't take a deposit swipe if you pay extra to bring the excess to zero, if my recall is accurate it was about £7.50 a day last time I did so

The thing is if you were involved in an accident it could be weeks before they establish who is to blame, and you may even have to make a claim to get it back if you weren't at fault.

I do know it takes longer to get the deposit back using debit cards
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The light at the end of the tunnel is an oncoming train!

[-]

More worrying is how being £100 max overdrawn for 2 weeks cost you £66!

I though Natwest were tossers for charging £6 (per charging period) plus interest for being over £10 overdrawn. I was overdrawn for 3 days from the 16th and 18th of one month. Because their billing period was 17th to the 16th of the following month (apparently!), they billed me for 2 x 4 week periods at £6 each plus interest. W4nkers!

[Derivative]

[D O G]

[Derivative]

[D O G]

If you simplify things too much, you create bollocks. The store will not be making any money on that transaction.

The banks, on the other hand...