Broker profile
EconomyBookings
A Latvian car rental booking platform run by Booking Group Corporation Ltd that acts as an intermediary between renters and local suppliers, with an E-Wallet credit system for refunds.
- Last checked
- Official website
- economybookings.com (opens in a new tab)
What is EconomyBookings?
EconomyBookings is a trademark of Booking Group Corporation Ltd, a company registered in Latvia.[1] Its terms, effective 21 July 2026, describe it as an intermediary: it does not own or operate car hire companies, and your rental contract is concluded directly with the supplier.[1]
The most distinctive part of its current terms is the E-Wallet. Refunds for eligible cancellations go into the E-Wallet as BookingCredit by default; you can withdraw them to the original payment method free of charge, but only within six months of the cancellation.[1]
Company and business model
- Operator
Booking Group Corporation Ltd, Latvia (reg. 40103394295)[1]
Verified in terms
- Founded
2008, Riga (company statement)[2]
The company says Booking Group was founded on 9 May 2008 and launched the website in 2009.
Company claim
- Business model
Intermediary; contract is with the rental supplier[1]
Sections 1.4–1.5: the voucher is proof of reservation, not the rental agreement.
Verified in terms
- Supplier network
890 suppliers (company figure)[2]
Company claim
Booking, payment and cancellation
- Payment options
Partial prepayment, full prepayment or pay on arrival[1]
Sections 5.2–5.4. Affirm (US only) and Klarna are offered as pay-later options (5.7).
Verified in terms
- Payment methods
Shown at checkout; a physical credit card in the main driver's name is needed at the desk[1]
Verified in terms
- Cancellation
Full refund if cancelled more than 48 hours before pick-up (to E-Wallet)[1]
Section 4.2. Inside 48 hours there is no refund unless the optional Last Minute Cancellation product was bought (section 12), which allows cancelling up to one hour before pick-up for credit. Some offers are non-refundable.
Verified in terms
- How refunds are paid
BookingCredit by default; free withdrawal within 6 months[1]
Sections 4.4, 6.3 and 6.6. BookingCredit is valid for one year. Withdrawals are processed within 30 business days (4.8).
Verified in terms
- Changes to a booking
Requests at least 48 hours before pick-up; no service fee[1]
Verified in terms
At the desk
- Driver age
Set by each supplier; licence held for at least 12 months[1]
Varies by supplier
- Deposit / security hold
Credit card pre-authorisation by the supplier; typically released within 30 days[1]
Section 5.8. Debit, prepaid, electronic-only and neobank cards are generally not accepted unless the offer's rental conditions say otherwise.
Verified in terms
- Damage and excess cover
Optional Full Coverage reimbursing up to EUR 1,700[1]
Section 11. Claims within 30 days of the rental end; compensation is credited to the E-Wallet and can then be withdrawn (transfer within 14 days). A deposit is still required at pick-up.
Verified in terms
Support and accountability
Editorial assessment
What we would tell a friend
- The six-month withdrawal window is the clause to diarise: after it passes, cancelled-booking money can only be used as BookingCredit, which itself expires after a year.
- If you accept a bonus for keeping refunded money in the E-Wallet, the terms say that money is no longer withdrawable (6.5).
This is an editorial assessment of documented terms, not a rating. We do not score companies.
What we could not verify
- Supplier numbers, turnover and customer counts are company statements.
Sources
- [1]
Terms & Conditions (opens in a new tab)
Official company information
- [2]
Official company informationCompany-published figures and milestones; not independently verified.
More coverage mentioning EconomyBookings
Fees & charges
Car rental deposits explained
Before booking