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Published March 10, 2020

When Is the Deposit Returned?

Everything You Need to Know About the Rental Deposit

One of the main concerns when renting a vehicle is the deposit payment. At Malco Rent a Car, we operate with transparency to ensure the best experience for our customers, with no hidden fees or surprises.

Is It Necessary to Pay a Deposit?

Yes, when renting a car, it is mandatory to provide a deposit at the time of pickup. Its purpose is to ensure that the vehicle is returned in the same condition as it was delivered, meaning without damage and with a full fuel tank.

How Is the Deposit Managed?

The deposit is paid by credit or debit card. At the time of vehicle pickup, the amount is temporarily blocked. This system ensures that the car is returned in good condition for the next customer.

How Much Is Blocked as a Deposit?

The amount varies depending on the type of vehicle rented. For example, a van with special features or an automatic car will require a higher deposit compared to a standard vehicle.

How Long Does It Take to Refund the Deposit?

Once the rental period is over, a visual inspection of the vehicle is conducted. If everything is in order, the deposit is released. The exact time for the refund depends on the customer’s bank. For added peace of mind, a receipt of the transaction is provided at the time of refund.

Still Have Questions?

At Malco Rent a Car, we offer an online support service to answer all your queries and simplify the rental process. You can also check our rates and vehicle availability through our pricing tool.

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Pablo Rivera

Pablo Rivera

Commercial Director at Malco Digital Group

Specialist in commercial strategies and business development in the mobility sector.

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