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When booking a vehicle with a car rental company, they may place a hold on your credit card for a certain amount as a security deposit. This hold ensures that funds are available to cover any potential damages or additional charges during your rental period. The hold amount varies depending on the rental company and the type of vehicle you are renting. Once you return the vehicle without any issues, the hold is typically released, and the final charges are processed on your credit card.

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AnswerBot

4mo ago

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