The Basics of ERAC Toll on My Credit Card
If you have ever rented a car, you may have noticed an additional charge on your credit card statement labeled “ERAC toll.” This charge can be confusing and leave many people wondering what it is and why they are being charged for it. In this article, we will dive into the details of what ERAC toll is and how it affects your credit card.
Discover What is ERAC Toll on My Credit Card
ERAC stands for Enterprise Rent-A-Car, one of the largest rental car companies in the world. When you rent a car from Enterprise or one of its sister companies such as Alamo or National, you may encounter tolls during your trip. These tolls are typically paid using an electronic transponder attached to the rental car’s windshield.
The purpose of this transponder is to automatically pay for any tolls that the vehicle passes through. This saves time and hassle for both the rental company and the customer. However, if you do not have your own transponder or choose not to use one provided by Enterprise, they will use their own system known as ERAC toll to cover these charges.
When using ERAC toll, Enterprise will keep track of all the tolls incurred during your rental period and then charge them all at once to your credit card after you return the vehicle. This simplifies things for customers who do not want to deal with individual toll charges during their trip.
How Does ERAC Toll Affect My Credit Card?
As mentioned earlier, when renting a car from Enterprise or its sister companies, there may be additional fees added onto your credit card statement under “ERAC toll.” These fees include both actual toll charges and administrative fees for using the ERAC toll system.
The exact amount of these fees varies depending on the location and length of your rental. However, it is important to note that these charges can add up quickly, especially if you are traveling through areas with high toll rates. Therefore, it is crucial to understand how ERAC toll works and how it may affect your credit card charges.
Pros / Cons
Pros:
- Simplifies payment for tolls during rental period
- Eliminates the need for customers to obtain their own transponder or deal with individual toll charges
- Saves time and hassle during rental period
Cons:
- Additional administrative fees added onto credit card statement
- Fees can add up quickly in areas with high toll rates
- No option to opt out of ERAC toll system once rental car is picked up
FAQs about ERAC Toll on My Credit Card:
Q: Can I avoid paying ERAC toll by using my own transponder?
A: Yes, if you have your own transponder, you can use it instead of the one provided by Enterprise. Just be sure to let them know at the time of pickup.
Q: Are there any additional charges if I use my own transponder?
A: No, there are no additional fees for using your own transponder.
Q: Can I opt out of ERAC toll once I have picked up my rental car?
A: No, once you have chosen to use the ERAC toll system at pickup, you cannot opt out.
In conclusion, ERAC toll is a system used by Enterprise and its sister companies to simplify the payment of tolls during rental car periods. While it may come with additional fees, it also saves time and hassle for customers. By understanding how it works, you can better prepare for these charges on your credit card statement and avoid any surprises.