Debit Cards and Short Term Rental Contracts

If you use your debit card to rent something with a short term rental agreement, use extreme caution!

Short term rental agreements are for items such as:

  • Cars
  • Hotels
  • Moving Trucks
  • Yard Equipment
*this is not an all-inclusive list

Short term rental contracts include potential future charges based on timely returns, the condition of item(s) when returned, and other stipulations.

These potential charges can unexpectedly debit your account several months after the transaction.

Using your debit card for these types of transactions puts your money at risk for quite some time. Consider this carefully before using your debit card to enter into one of these short term rental agreements.