Company Description:
If you're renting a car from Budget, you may be surprised to see a $200 deposit added to your total. Don’t worry — this is not an extra fee. It’s a temporary, refundable security deposit, common in the car rental industry-1833-791-4655.
In this article, we’ll explain exactly why Budget charges this deposit, when you get it back, and how you can avoid delays or misunderstandings 1-833-791-4655.
What Is the $200 Deposit for?
Budget places a $200 deposit (sometimes more) on your credit or debit card as a security measure. It protects the company from unexpected costs and ensures responsible use of their vehicle1-833-791-4655.
The deposit covers:
Late returns
Fuel shortages (if you return the car without refueling)
Vehicle damage
Cleaning fees
Toll or ticket violations
Any unpaid balance on your rental
Once the car is returned in good condition, the hold is released.
Key Reasons for the $200 Budget Deposit
1. Security for the Rental Company
Budget needs to protect its vehicles, which are high-value assets. The deposit gives them a buffer in case of damages or unpaid charges 1-833-791-4655.
2. Covers Potential Extra Charges
If the vehicle is returned with missing fuel, minor damage, or beyond the rental time, the cost is taken from this deposit 1-833-791-4655.
3. Encourages Responsible Usage
The refundable deposit encourages renters to take good care of the vehicle and return it on time and in proper condition-1833-791-4655.
4. Debit vs. Credit Card Deposits
If you're paying with a debit card, Budget often requires a larger deposit than with a credit card. This is because debit cards don’t offer the same level of financial security 1-833-791-4655.
When Do You Get the $200 Deposit Back?
After you return the car, the deposit is released. However, the refund timeline depends on your bank.
Credit card: Refund may take 3–5 business days
Debit card: Can take 5–10 business days
Budget does not control how fast your bank processes the return. If you don’t see the funds after 10 days, contact your bank or call Budget support.
How to Avoid Issues With the Deposit
✅ Use a major credit card – Lower deposit and faster approval
✅ Return the vehicle on time – Avoid late fees or penalties
✅ Refuel before returning – Avoid fuel charges
✅ Inspect the car – Take photos of the car before and after use
✅ Ask about location-specific policies – Some branches require higher deposits
Final Thoughts
The $200 deposit from Budget is a standard, refundable hold, not an added cost1-833-791-4655. It ensures the rental process is secure for both you and the company. If you're unsure about the policy, ask your local branch before booking, or contact Budget directly for clarification-1833-791-4655.
