Hi all --
(I apologize for re-posting, but things are pretty quiet on the Rebuilding Credit forum where'd I originally posted this, so....)
My debts were recently discharged, and as part of rebuilding my credit I'm going to get a secured credit card from my bank.
Since I'm a freelancer who sometimes must incur travel expenses upfront, I want to find out the usefulness of a secured credit card in booking travel.
This will help me decide the amount I should deposit to open my account (which I realize is inflexible once I open the account; i.e, in effect I won't be able to raise my credit limit by depositing additional funds).
RENTAL CARS: I can't make out from several websites whether rental car companies accept secured credit cards to create a reservation. Hertz says they won't accept "prepaid" or "stored value" cards. And I know most locations (esp. the kind of heavy biz-travel places I'd be most likely to go) won't accept debit cards.
HOTELS and AIRLINES: Anyone know about the usefulness of debit cards and secured credit cards for booking with these guys?
Thank you,
MOE
(I apologize for re-posting, but things are pretty quiet on the Rebuilding Credit forum where'd I originally posted this, so....)
My debts were recently discharged, and as part of rebuilding my credit I'm going to get a secured credit card from my bank.
Since I'm a freelancer who sometimes must incur travel expenses upfront, I want to find out the usefulness of a secured credit card in booking travel.
This will help me decide the amount I should deposit to open my account (which I realize is inflexible once I open the account; i.e, in effect I won't be able to raise my credit limit by depositing additional funds).
RENTAL CARS: I can't make out from several websites whether rental car companies accept secured credit cards to create a reservation. Hertz says they won't accept "prepaid" or "stored value" cards. And I know most locations (esp. the kind of heavy biz-travel places I'd be most likely to go) won't accept debit cards.
HOTELS and AIRLINES: Anyone know about the usefulness of debit cards and secured credit cards for booking with these guys?
Thank you,
MOE
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