Traditional Culture Encyclopedia - Hotel accommodation - Is it safe for Ctrip to book a hotel credit card guarantee? When will the deposit be thawed?
Is it safe for Ctrip to book a hotel credit card guarantee? When will the deposit be thawed?
Hello, it is generally safe to book a hotel on Ctrip with a credit card as a guarantee. It is also a common practice to use credit card as a guarantee when booking hotels internationally. The purpose is to prevent the booking person from not staying after booking the hotel.
Generally speaking, Ctrip will ask the bank to unfreeze the guarantee amount for you after you go to the hotel to make an appointment. However, because it takes time from the hotel to Ctrip, Ctrip to the bank and the bank to handle it, the thawing time cannot be completely determined. If your credit card fails to receive your notice of default within 35 working days after the guarantee (some banks have other provisions, please consult the bank credit card center for details), then the funds will be unfrozen for you.
If it is quick, it will be finished in 3-5 days. Some banks can unfreeze the next working day or even the same day.
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