Can I use my Fastcard ATM Card to rent a car?
A. Your Fastcard ATM Card may be used to rent a car, but because a rental car is an “open end” transaction your card may be “authorized” (have money held) for much more money than the actual cost of the rental car. How much more will depend on where you rent the car. The reason is that the rental car company won’t know if they need to charge you for things like gas, car damage and extra days until you return the vehicle. Furthermore, these authorized funds will be held and unavailable for you to spend until the final transaction is posted to your statement. This means that you will not have access to these funds for perhaps as long as 90 days. For this reason, we do not recommend using your card to pay for rental car or hotel transactions. To avoid problems when you rent, our advice is to first call the rental car company or hotel and ask them what their policy is regarding the use of prepaid cards and debit cards.
