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No-Deposit Car Rental in Miami

Don't want a few hundred dollars frozen on your card for your whole trip? With iRent's DepositFree option, powered by Cardoo, you can skip the security-deposit hold entirely.

Short answer: With DepositFree by Cardoo, iRent replaces the usual $250+ security-deposit hold with a small daily fee — often just a couple of dollars a day. Cardoo issues a guarantee that covers the deposit for iRent, so you drive with your cash free. You're still responsible for tolls, fuel, fines, and any damage.

How no-deposit rental works

  1. Choose DepositFree at booking (or just ask our team) instead of leaving the standard deposit.
  2. Cardoo issues a guarantee to iRent that covers your deposit amount — so we're protected without holding your money.
  3. Pick up with no big hold — you pay only a small daily fee and keep your funds free for the trip.

Standard deposit vs. DepositFree

Standard depositDepositFree by Cardoo
Upfront hold$250+ frozen on your cardNone
Your cashTied up for the whole rentalFree to spend on your trip
Release timeRefunded ~7–10 business days after returnNothing to wait for
CostRefundable holdSmall non-refundable daily fee
Best forShort local tripsDebit & international renters, longer trips, tight cash flow

Why go deposit-free

What you're still responsible for

DepositFree covers the deposit guarantee — not your driving responsibilities. You remain responsible for tolls, fuel (same-to-same), traffic fines, and any damage, just like a normal rental. Want damage protection too? See our coverage guide.

💳 New to how deposits work? Read car rental deposits explained first.

Frequently asked questions

Can I rent a car in Miami with no deposit?

Yes. iRent offers a DepositFree option powered by Cardoo that replaces the standard security-deposit hold with a small daily fee, so no large amount is frozen on your card.

How does DepositFree by Cardoo work?

You choose DepositFree at booking. Cardoo issues a guarantee to iRent covering your deposit, and you pay a small daily fee instead of leaving a hold. You keep your cash free.

How much does no-deposit rental cost?

Instead of a $250+ hold, you pay a small daily fee — typically just a couple of dollars a day, scaled to the deposit and rental length. Ask us for your exact rate.

Am I still responsible for damage with DepositFree?

Yes. DepositFree covers the deposit guarantee, not your responsibilities. You're still liable for tolls, fuel, fines, and any damage, so consider adding damage coverage.

Can debit-card or international customers use no-deposit rental?

Yes — DepositFree is especially useful for debit-card and international renters, who feel a large hold the most. iRent already accepts debit for international customers.

Rent with zero deposit today

Ask for DepositFree by Cardoo at booking — skip the $250 hold and keep your cash free for the trip.

Book with iRent →