Trust & safety

How security deposits work on peer-to-peer rentals

What a rental deposit is, how Rentsome sizes it (30% down to 10% of item value, capped at $2,000), why it is a hold rather than a charge, and when it is released.

5 min readUpdated September 8, 2026

A security deposit is what makes a stranger comfortable handing you their camera. On Rentsome it is designed to be predictable for renters and meaningful for owners: it is sized by a published formula, it is held rather than charged, and it releases on a fixed schedule unless there is a documented problem.

How the amount is set

The deposit is a percentage of the item’s declared value, and the percentage depends on your trust tier:

  • New account: 30% of the item value.
  • Basic (trust score 1.0+): 25%. Verifying your identity alone typically moves you here.
  • Good (2.5+): 20%.
  • Excellent (3.5+): 15%.
  • Elite (4.5+): 10%.

Whatever the tier, the deposit is capped at $2,000. Owners do not set deposits by hand; the same formula applies to every listing, so you can predict it before you book.

A hold, not a charge

The deposit is an authorization on your card, like a hotel incidentals hold. Your available credit drops by that amount but no money moves. Card networks let authorizations stand for seven days, so on rentals longer than a week the hold is refreshed automatically — you may see it disappear and reappear on your statement.

When it is released

After you return the item and the owner confirms the return, a 72-hour window opens in which the owner can file a damage or theft claim. If no claim is filed, the hold is released automatically when the window closes. Depending on your bank, the released amount can take a few days to show as available again.

If a claim is filed

  1. 1The owner submits photos and a description within 72 hours of the return.
  2. 2You have 72 hours to respond with your own evidence — this is where your pickup and return photos matter.
  3. 3Rentsome reviews both sides and decides how much, if any, of the deposit is captured. Only documented damage or loss is deducted.
  4. 4Anything not captured is released.

Deposits are separate from the rental price. The rental subtotal plus a 15% service fee (minimum $2) and sales tax is what you actually pay, and only after the owner approves your request. Read what happens if a rented item breaks for the claims side in detail.

Frequently asked

Why does my deposit look different on two similar items?

The deposit is a percentage of each item’s declared value. Two similar-looking items with different declared values produce different deposits.

Can an owner keep my deposit without evidence?

No. A claim has to be filed within 72 hours of the return with documentation, you get 72 hours to respond, and Rentsome reviews it before any amount is captured.

How do I lower my deposits?

Verify your identity in the Rentsome app, complete rentals on time, and collect good reviews. Each raises your trust score, which lowers the deposit percentage from 30% toward 10%.

Borrow it from a neighbor instead.

Deposit-protected bookings, priced by the day.

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