Hotel deposit


#1

I recently paid a deposit for a hotel in NYC. Does anyone know when the hold will be lifted as I was charged nothing when I left the hotel.

I’ve seen some horror stories where revolut have held the money for a long time, foes anyone have any experience of this? Thanks


#2

It will take up to 10 days I think.

As far as I experienced it, it took about a week with our travels.


#3

Thank you so much, that’s really helpful


#4

Same thing happened to me at a Holiday Inn and it took around two weeks to release the funds. A complete nuisance because it locked all the euros I was expecting to use during the few hours between leaving the hotel and getting my flight. Now, I just refuse to let hotels take my card when I check in, they consider it is unusual but they are OK with it.


#5

For that reason it is good to have another credit card with you where the hotel or car rental can put a hold into the account and you can still use the :r: to pay other things.


#6

As far as I understand that has nothing to do with Revolut, it is the hotel policy - for me it happend that the funds been blocked for more then five weeks (not with Revolut)


#7

Yes that is correct, but if you have a huge blocked amount on the Revolut which you can’t spend then there is a lot of unused money on your account. Therefore it is “better” ( my opinion) to use a credit card which has a monthly allowance to get the hold on.


#8

My money was released this morning. I checked out on Wednesday so it happened really quickly. Thanks for all your replies.


#9

I always use an American Express charge card (which has no credit limit) for hotel deposits. For a transaction that never hits your account, you don’t need a good FX rate, so Revolut isn’t the best option.