When booking a hotel stay, one of the first things you may wonder is how much the hotel will hold on your credit card. This temporary hold or authorization is common practice in the hotel industry to ensure enough funds are available to cover your stay.
In short, Hotel Indigo typically places a hold on your credit card for the estimated total cost of your stay plus an additional amount, which is released after you check out. The exact hold amount can vary by location.
The Standard Hold Policy at Hotel Indigo
Hotel Indigo locations are owned by InterContinental Hotels Group (IHG)
Hotel Indigo is a boutique hotel brand owned by InterContinental Hotels Group (IHG). IHG is a global hospitality company that owns and operates several brands, including Holiday Inn, Crowne Plaza, and Hotel Indigo.
With its unique design and locally inspired experiences, Hotel Indigo offers a distinct stay for travelers looking for something different.
As per IHG’s standard policy, Hotel Indigo places a hold for the estimated cost of the entire stay plus $50 USD per night
When you make a reservation at Hotel Indigo, they will typically place a hold on your credit card for the estimated cost of your entire stay, plus an additional $50 USD per night. This hold ensures that you have sufficient funds available to cover the cost of your stay, including any incidentals that you may incur during your stay.
It’s important to note that this hold is not an actual charge, but rather a temporary authorization. The hold will typically be released when you check out and your final bill is settled. However, the release of the hold may take a few days to reflect on your credit card statement, so it’s a good idea to account for this when planning your finances.
This amount is not actually charged but temporarily held to cover incidentals
The additional $50 USD per night hold is specifically intended to cover any incidentals that you may charge to your room during your stay. Incidentals can include things like room service, minibar purchases, or any damages to the hotel property.
If you do not incur any incidentals, this additional hold will be released when you check out.
It’s worth mentioning that the hold amount may vary depending on the specific Hotel Indigo location and the length of your stay. Therefore, it’s always a good idea to check with the hotel directly or refer to their website for the most accurate information regarding their hold policy.
For more information on Hotel Indigo’s hold policy, you can visit their official website: www.ihg.com/hotelindigo.
The Hold Timeframe at Hotel Indigo
When staying at Hotel Indigo, it is common for a hold to be placed on your credit card at check-in. This hold is a temporary authorization that ensures there are sufficient funds available to cover any potential charges during your stay.
The amount of the hold can vary depending on factors such as the length of your stay and any additional services or amenities you may request.
The hold is typically placed at check-in when you provide a credit card
When you arrive at Hotel Indigo and provide a credit card for check-in, the front desk will typically place a hold on your card. This hold serves as a security measure to protect the hotel against any potential unpaid charges.
It is important to note that the hold is not an actual charge, but rather a temporary authorization that reduces your available credit limit.
The specific amount of the hold can vary depending on the hotel’s policies and the length of your stay. It is recommended to inquire about the hold amount when making your reservation or at check-in to avoid any surprises.
It can take up to 7 business days after checkout for the hold to be removed
After you check out of Hotel Indigo, the hold on your credit card will remain in place for a certain period of time. In most cases, it can take up to 7 business days for the hold to be released and the funds to become available again in your account.
However, this timeframe can vary depending on your card issuer and their policies.
It is important to keep this timeframe in mind when planning your finances after your stay at Hotel Indigo. While the hold will eventually be removed, it may take some time for the funds to be fully accessible again.
The exact hold release timeframe can vary between card issuers
The timeframe for the release of the hold placed by Hotel Indigo can vary depending on your credit card issuer. Some card issuers may release the hold sooner than others, so it’s always a good idea to check with your specific card issuer to get an accurate estimate.
If you have any concerns or questions about the hold placed on your credit card by Hotel Indigo, it’s best to reach out to their customer service or the front desk for clarification. They will be able to provide you with the most accurate information regarding the hold release timeframe.
Why Hotels Place Holds on Credit Cards
When you check into a hotel, you may notice that the front desk asks for your credit card information. This is because hotels typically place a hold on your credit card to ensure that there are sufficient funds available to cover room charges, taxes, and fees.
The hold is also used as a security deposit for any incidentals you may charge to your room, such as room service, parking, or damages.
To ensure sufficient funds are available to cover room charges, taxes, fees
Hotels want to make sure that you have enough funds available to pay for your stay. By placing a hold on your credit card, they can verify that you have the necessary funds to cover the cost of the room, including any taxes and fees.
This helps prevent any issues or delays during the checkout process.
As a security deposit for any incidentals like room service, parking, damages
In addition to covering the room charges, hotels also use the hold on your credit card as a security deposit. This is to protect themselves in case you incur any additional expenses during your stay, such as ordering room service, using the hotel’s parking facilities, or causing any damages to the room.
The hold ensures that the hotel can cover these costs if necessary.
In case guests depart early or unexpectedly without settling the final bill
Hotels also place holds on credit cards to protect themselves in case guests depart early or unexpectedly without settling the final bill. If a guest were to leave without paying for their entire stay, the hotel can use the hold on the credit card to cover the outstanding balance.
It’s important to note that the hold placed on your credit card is not an actual charge. It’s simply a temporary hold that ensures the hotel will be able to collect payment for the services provided. The amount of the hold can vary depending on the hotel’s policies and the length of your stay.
If you have any concerns or questions about the hold placed on your credit card, it’s always a good idea to contact the hotel directly for clarification. They will be able to provide you with more information and address any specific concerns you may have.
How to Minimize the Hold Amount
When staying at Hotel Indigo, it’s important to be aware of the hold amount that will be placed on your credit card. The hold amount is a temporary charge that is placed on your card to cover any potential incidentals or damages during your stay.
While it is necessary for the hotel to protect itself, there are a few ways you can minimize the hold amount to ensure you have access to your funds during your stay.
Pay for your full stay upfront at booking if you can
One way to minimize the hold amount is to pay for your entire stay upfront at the time of booking. By doing this, you eliminate the need for the hotel to place a hold on your card, as they have already received payment for your stay.
This can be a great option if you have the funds available and want to avoid any temporary holds on your credit card.
Provide an approximate checkout date so the hold is more accurate
Another way to minimize the hold amount is to provide the hotel with an approximate checkout date when you check in. By doing this, the hotel can calculate a more accurate hold amount based on the length of your stay. This can help prevent any unnecessary overcharges or holds on your card.
Use a debit card instead of a credit card when possible
If you are concerned about the hold amount on your credit card, consider using a debit card instead. While some hotels may still place a hold on a debit card, the amount is typically lower than what is placed on a credit card.
Additionally, using a debit card can help you better manage your spending during your stay, as the funds are directly withdrawn from your bank account.
Remember, each hotel may have different policies and procedures regarding hold amounts, so it’s always a good idea to contact the specific Hotel Indigo location you plan to stay at for more information.
By being proactive and taking these steps, you can minimize the hold amount and have a more enjoyable and stress-free stay.
Understanding Holds on Your Credit Card Statement
When staying at a hotel, it is common for the establishment to place a hold on your credit card. This hold is an authorization that allows the hotel to verify the availability of funds before your stay.
The hold amount can vary depending on the hotel and the length of your stay, but it is typically the cost of one night’s stay plus any additional fees or incidentals.
The hold may appear as a pending charge but is not an actual charge
It is important to note that the hold placed on your credit card is not an actual charge. While it may appear as a pending transaction on your statement, the funds are not withdrawn from your account. The hold is simply a way for the hotel to ensure that you have enough credit available to cover the cost of your stay.
Your available credit may be temporarily reduced by the hold amount
During the time that the hold is in place, your available credit may be temporarily reduced by the hold amount. This means that you may not be able to use the full credit limit on your card until the hold is released.
It is important to keep this in mind when making other purchases or transactions during your stay.
Call your card issuer if the hold is not released within 7 business days
In most cases, the hold placed on your credit card will be released within a few days after you check out of the hotel. However, if the hold is not released within 7 business days, it is recommended to contact your card issuer.
They will be able to provide assistance and ensure that the hold is properly released.
For more information on how credit card holds work, you can visit creditcards.com. They provide a comprehensive guide to understanding holds and provide tips on how to handle them effectively.
Conclusion
In summary, Hotel Indigo typically places a hold on your credit card for the estimated total stay cost plus $50 USD per night as a security deposit. However, hold policies can vary so it’s always advisable to confirm the specifics when booking.
Understanding hotel authorization holds helps avoid confusion down the road.
