Why do hotels hold $100?
Hotels may hold a certain amount of money on your credit card as a security deposit, also known as an authorization hold. This is to ensure that they are covered for any potential damages or incidental charges that may be incurred during your stay.
The amount of the hold can vary depending on the hotel’s policies and the length of your stay. In some cases, hotels may hold a fixed amount, such as $100, regardless of the length of your stay. In other cases, the hold may be based on a percentage of the total room rate.
The authorization hold is not a charge, but rather a temporary hold on the available credit on your credit card. The hold will be released at the end of your stay if there are no additional charges or damages to your room.
It’s important to keep in mind that the authorization hold can affect your available credit, and you should be aware of your credit card’s balance and available credit to avoid any issues. If you have concerns about the hold amount or duration, you can always ask the hotel about their policies or speak with your credit card issuer for more information.