Car Rental PalmaNo deposit · Full cover · PMI
Palma de Mallorca · no card hold

No Deposit Car Rental in Palma de Mallorca

Rent a car in Palma de Mallorca with no deposit frozen on your card and no excess on the insurance. Full-coverage vehicles at Palma Airport (PMI), free extras and unlimited mileage — compare no-deposit offers from trusted local and international suppliers.

Book a car Free cancellation · No card hold · PMI pickup
Full coverage included No excess Debit cards welcome
Rental car on a coastal road near Palma de Mallorca

Skip the deposit hold, not the cover

On the island it is the deposit, not the daily rate, that catches people out. A standard supplier at Palma Airport pre-authorises €600 to €1,500 on your credit card as an insurance excess, and it stays frozen for the whole trip.

In August, with flights, a hotel and a car all holding funds at once, that block can quietly eat your card limit — and it only comes back days after you fly home. A no-deposit rate solves it the honest way: the supplier includes full insurance in the price, so there is no large amount blocked at the desk and nothing to claim back if the car picks up a scratch. You drive off Son Sant Joan without leaving a chunk of your holiday budget behind on a pre-authorisation. The offers below come from local Mallorca companies and international brands that publish no-deposit terms up front — no small print sprung on you at the counter.

No deposit vs no excess. They are not the same thing. No excess means you never pay for damage; no deposit means no money is held on your card at pickup. The deals worth booking in Palma give you both — full cover and a clean card.

Why the deposit runs high — and three ways round it

The deposit is really the insurance excess in disguise. Rent a compact car in Mallorca on a basic rate and the standard cover still leaves you liable for the first €600–€1,200 of any damage; a mid-size SUV can carry a €1,500 excess or more. To secure that, the desk freezes the amount on a credit card until the car is back and checked. There are three ways travellers deal with it:

1. Pay the excess damage waiver at the desk. The counter offers to "buy out" the excess for a daily fee — often €15–€25 a day, which on a two-week trip can cost more than the car. The hold usually still applies.

2. Standalone excess insurance. Bought online before you travel, it is cheaper, but you still pay for any damage first and reclaim it later — and the deposit is still frozen at pickup.

3. A true no-deposit rate. The supplier includes full cover in the price, so there is nothing to freeze and nothing to reclaim. This is what the offers here filter for — the cleanest option for a Palma holiday.

Car rental desk at Palma de Mallorca Airport handing over keys

How no-deposit rental works in Palma

Three steps from search to keys, with no surprise hold on arrival.

1

Compare no-deposit rates

Filter Palma de Mallorca suppliers to those offering full coverage with no card deposit. Prices, car groups and pickup points are shown side by side.

2

Book with free cancellation

Reserve online in minutes. Most rates are free to cancel, so you can lock a good August price now and change plans later if you need to.

3

Collect at PMI, no hold

Pick up at the Palma Airport desk or shuttle. Because cover is prepaid, there is no €1,000+ pre-authorisation to sign for — just fuel policy and keys.

Hire car driving the coastal road along the Mallorca shoreline
With cover prepaid, you leave the airport and head straight for the coast — no four-figure hold on your card.

What "full coverage" actually includes

A genuine no-deposit deal in Mallorca covers the parts that normally sit behind the excess.

Damage & theft, zero excess

Bumps, kerbed wheels and body scratches are covered with nothing to pay — the excess is bought out inside the rate.

The bits others exclude

Look for glass, tyres, undercarriage and mirrors included. On narrow Tramuntana roads and busy resort car parks these are the most common claims.

Free extras & miles

Unlimited mileage as standard, plus additional-driver and airport-fee inclusions on many rates, so the price you compare is close to the price you pay.

Local island suppliers vs the big international desks

Palma Airport has two kinds of rental company under one roof, and the difference matters if you want no deposit. The big international brands — the names you know from every airport — run standardised terms set far from Mallorca: a credit card in the lead driver's name, a full excess frozen at pickup, and paid waivers offered across the counter. They are reliable, but rarely the cheapest way to avoid the hold.

The island's own suppliers compete differently. Local Mallorca firms live and die on repeat summer business, so many build full cover into the headline price, accept debit cards, and skip the deposit entirely. Their desks or free shuttles sit minutes from the PMI terminal. Because a comparison shows both side by side, you can see instantly which supplier is genuinely no-deposit for your dates and car group, rather than discovering the €1,200 hold only when you reach the counter with your suitcase.

Sample no-deposit prices at Palma Airport

Indicative daily rates for full-coverage, no-deposit hire at PMI. Low season is far cheaper than the July–August peak, so book early for summer.

CarClassGearboxFrom / day
Fiat 500MiniManual€21
Toyota AygoMiniManual€22
Opel CorsaEconomyManual€24
Volkswagen PoloEconomyManual€26
Seat IbizaCompactManual€27
Renault ClioCompactAutomatic€31
Citroën C3 AircrossSmall SUVManual€35
VW T-RocSUVAutomatic€42
Mercedes VitoVan (9 seats)Manual€68

What to check before you book a no-deposit car

A 30-second read of the terms saves the nasty surprises at the desk.

No credit card, only a debit card?

The big desks still want a credit card for the deposit. Local Mallorca suppliers accept debit cards — see how to rent at Palma Airport without a credit card.

Rent with a debit card

Frequently asked questions

Can you really rent a car in Palma with no deposit?

Yes. No-deposit suppliers build full insurance cover into the daily price, so no large security hold is frozen on your card at the Palma Airport desk. A small fuel or toll pre-authorisation may still apply and is released after you return the car.

What is the difference between no deposit and no excess?

No excess means you pay nothing if the car is damaged. No deposit means no large amount is frozen on your card at pickup. The best Palma de Mallorca deals combine both — full cover plus no card hold.

How big is a normal car hire deposit at Palma Airport?

Standard suppliers block roughly €600 to €1,500 on a credit card depending on the car group. A no-deposit rate removes that hold, which matters in peak season when several holds can eat your whole card limit.

Can I collect a no-deposit car at Palma de Mallorca Airport (PMI)?

Yes. Most no-deposit suppliers have a desk or a free shuttle at Palma Airport (PMI) and hand the car over on arrival. You can also pick up in Palma city or at your resort.

Is the no-deposit cover from the supplier or a third party?

With a true no-deposit rate the full cover is provided by the supplier at the desk, so there is nothing to claim back later. That is different from standalone excess insurance bought separately, where you still pay any damage first and reclaim it afterwards.

What fuel policy comes with a no-deposit car in Mallorca?

Most local no-deposit suppliers use like-for-like: you get a full tank and return it full. Some airport desks use full-to-empty. Like-for-like is usually cheaper and is worth filtering for.

Do young or additional drivers cost extra?

Many no-deposit rates include one additional driver free and have no young-driver surcharge from 21, but this varies by supplier. Check the car group's terms before booking so the compared price matches what you pay.