Retailer overview
Hertz is the largest of the legacy US rental brands, with Dollar and Thrifty underneath it and a corporate-owned airport network that matters for every card benefit on this page. Its premium tier is the Dream Collection: Porsche 911, Cayenne, Macan, and Panamera, Range Rover Sport, and Mercedes G550 at around 30 major US airports, with a 25-and-over rule and an ID or proof-of-insurance check that President’s Circle members skip.
Hertz does not run coupon codes in the DTC sense. Discounts arrive through CDP (Customer Discount Program) codes tied to a card, a club, or an employer, through Pay Now prepaid rates, and through statement-credit offers from Amex, Chase, and Capital One Shopping. The savings picture is the inverse of Sixt: at Sixt the portal is the whole game, at Hertz the card is.
Cashback portal strategy
| Portal | Current rate | Notes |
|---|---|---|
| TopCashback | 5% | Pay Now only, base rate excluding taxes and fees. Excludes counter upsells, corporate, government, and travel-industry rates. Missing-cashback claims accepted within 100 days. |
| Rakuten | 2.5% | Pay Now only, US, Canada, Australia, and New Zealand rentals. Terms exclude CDP discounts and Gold Plus member rates. Unlisted codes void cashback. Posts within a month after the rental ends. |
| Capital One Shopping | 2% | Same exclusions as TopCashback. Targeted email bonuses ($125 back on $275, $90 on $150) have appeared in 2025 and 2026. |
| RebatesMe / BeFrugal | 5.1% / 3% | Smaller portals with the same Pay Now rule. |
Rakuten’s store page titles have shown 4% and 5% during July and August 2026, so 2.5% is a low point rather than a floor. Either way, Hertz portal rates sit in the low single digits while the CDP discounts run to 20%. That is the whole reason this page is a fork rather than a stack.
The CDP-versus-portal problem. A CDP is not a coupon. It is a negotiated rate plan entered in the reservation’s discount-code field, and Hertz can ask for proof of eligibility at the counter. Because it is not a coupon code, it does not trigger the “codes not listed on the portal void cashback” clause, and in practice a Pay Now booking with a CDP generally tracks. But Rakuten’s Hertz terms specifically list “CDP discounts, Hertz Member Program discounts/rates” as ineligible, so Rakuten has grounds to deny the payout. TopCashback’s and Capital One Shopping’s terms only exclude “corporate negotiated rate bookings,” which is narrower. If you want to try to earn both, use TopCashback, book Pay Now, and treat the cashback as found money rather than part of the math.
How Rakuten works, and how to get the $50 welcome bonus →
Credit card / Amex Offer strategy
This is where Hertz pays out.
Amex Offer (live). $75 back on $350 or more at Hertz, Platinum cardholders (not the Schwab or Morgan Stanley variants), rental paid by September 30, 2026. Corporate-owned US locations only, booked on hertz.com, the app, by phone, or at the counter. Excludes licensee locations, e-Toll, Hertz Car Sales, Rent2Buy, and bookings through travel agents or affiliate booking sites, which reads as OTAs (a Rakuten click lands you on hertz.com). Spend accumulates across rentals. The cadence: $70 on $350 through September 3, 2024; $100 on $500 through October 31, 2025; $75 on $350 through September 30, 2026. Expect a renewal around late summer 2027.
Chase Offer. 10% back, max $50, on $500 at hertz.com, expired February 25, 2025. It required CDP 2283893. Nothing newer surfaced in our 2026 searches.
Capital One Shopping. Targeted email bonuses: $125 back on a $275+ Pay Now rental (February 2026), $90 on $150 earlier, and a 30% back offer in 2025. Limit one per user, redeemable in gift cards only.
The Amex Platinum CDP. Enrolling the Car Rental Privileges benefit gives President’s Circle and access to CDP 211762: up to 20% off published base rates when you pay with the Platinum, a four-hour return grace period in the US, and a one-class upgrade on 24-hour advance reservations. Hertz is requiring existing Amex enrollees to re-enroll by December 31, 2026; the process is Benefits, Car Rental Privileges, Enroll Now, and it takes up to 72 hours.
Category earning: car rentals code as travel, so 3x on the Sapphire Reserve, 2x on the Preferred, and 2x on the Venture X. The Platinum’s 5x is airfare and prepaid hotels only, so Hertz earns 1x on it. The Amex Offer is worth more than the points gap on any rental under about $1,500.
Gold Plus Rewards and status
Gold Plus Rewards is free. Base members earn 1 point per dollar, skip the counter at Gold locations, and get a free additional driver at most US locations (spouse or partner). Five Star (3 rentals or $1,000 a year) earns 1.25x and adds Ultimate Choice, where you pick your own car from the lot on a midsize or larger booking. President’s Circle (15 rentals or $3,000) earns 1.5x, adds a guaranteed one-class upgrade, the widest lot, and a dedicated phone line. Points expire after 12 months without activity. A one-day US rental starts at 950 points; a two-week Prestige Collection rental tops out near 31,667.
Status without renting: Amex Platinum, Business Platinum, Delta Reserve, and Capital One Venture X give President’s Circle. Amex Gold, Capital One Venture, and any Visa Infinite card including the Sapphire Reserve give Five Star. Hertz also runs a public status match from Avis, National, Enterprise, and Sixt tiers.
Discount programs
AAA CDP. Up to 20% off base rates, young-renter fee waived for ages 20 to 24, one free child seat, free additional drivers who are also AAA members, and a free rental day after the first Gold rental. AAA also runs its own Hertz promotions (up to 35% off Pay Later base rates in September 2025 with promo code 211840 alongside the AAA CDP), and those cannot be combined with other discounts.
One CDP per reservation. Amex 211762 and the AAA CDP compete for the same field. Both are “up to 20%,” so price the same car both ways.
Costco Travel. Does not sell Hertz. Its partners are Alamo, Avis, Budget, and Enterprise.
Military, government, AARP. Hertz maintains CDPs for each. Government and travel-industry rates are excluded by every portal.
Not found: a referral program, a price-match policy, an email-signup code.
Best time of year to buy
Hertz’s own sales are Pay Now discounts on base rates, usually “up to 25%” as a standing offer and 30-40% around Cyber Monday and spring. Dream Collection, minivans, and large SUVs are excluded from nearly all of them.
The practical sequence for a trip months out: hold a Pay Later reservation with the CDP as insurance, watch for a sale or portal spike, and rebook as Pay Now inside that window if the discount plus cashback beats the CDP rate. If it does not, keep the Pay Later booking.
Common exclusions and fine print
- Every portal pays on Pay Now only, on the base rate only, and never on counter upsells, tolls, or fuel
- Rakuten excludes CDP and Gold Plus member rates; TopCashback and Capital One Shopping exclude corporate negotiated, government, and travel-industry rates
- Amex Offer: corporate-owned US locations only, paid by September 30, 2026, not via OTAs or travel agents
- Amex CDP 211762 requires paying with the enrolled Amex card; Hertz may ask for the card and ID at pickup
- One CDP per reservation; Hertz sale promotions “may not be used with other discounts”
- Pay Now cancellations: $50-$100 with 24+ hours’ notice, $200 inside 24 hours, no refund for unused days, two changes allowed
- Dream Collection: 25 and older, excluded from most sales, and Chase coverage caps at $75,000 in damage
Checkout sequence
- Enroll (or re-enroll) the Amex Platinum Car Rental Privileges benefit with your Gold Plus number. Allow 72 hours.
- Check every Amex account for the Hertz offer and add it to the Platinum you will pay with.
- Price the car three ways on hertz.com: CDP 211762 Pay Later, AAA CDP Pay Later (if a member), and no-CDP Pay Now with the sale rate. Note the base rate for each.
- Path A (CDP wins, the usual case): book with the CDP, Pay Later or Pay Now, and pay with the Platinum. Optionally click through TopCashback first on a Pay Now booking and treat any cashback as a bonus.
- Path B (portal spike or sale wins): clean browser, activate TopCashback or Rakuten, click through, book Pay Now with no CDP, pay with the Platinum for the $75 or the Sapphire Reserve for primary coverage.
- Decline the counter collision waiver if you paid with a Sapphire card. Confirm the Amex credit posts within a few days and any portal cashback within a month after the rental ends.
One-week midsize rental, $600 published base rate, corporate-owned airport location
Path B, no CDP: $600 base with the standing "up to 25%" Pay Now rate lands around $450, minus $75 Amex and $22.50 TopCashback, about $352. That beats Path A only if the Pay Now sale actually delivers the full 25% on your dates and car class, and it costs you cancellation flexibility. Price both; the CDP rate is the benchmark.
Get alerted when Hertz's portal rate spikes or the Amex Offer renews.
The Amex Offer has landed each late summer since 2024 and Capital One Shopping has run targeted $125-on-$275 Hertz bonuses. We email the day either appears.
FAQ
Sources
What we read to write this page. Every link is the company's own page, not a summary of it.
- Gold Plus Rewards FAQhertz.comTier thresholds, earn rates, inactivity forfeiture
- Gold Plus Rewards overviewhertz.comFree program, redemptions, elite upgrades
- AAA member benefitshertz.comUp to 20% off, young-renter waiver, child seat
- Rakuten store page for Hertzrakuten.comWhere the Rakuten rate on this page was read
- Capital One Shopping page for Hertzcapitaloneshopping.comWhere the Capital One Shopping rate was read
- TopCashback store page for Hertztopcashback.comWhere the TopCashback rate was read
Ready to book?
Enroll the Amex Platinum Hertz benefit, add the Amex Offer, book with CDP 211762, and pay with the Platinum. If you would rather have primary coverage than the $75 credit, pay with the Sapphire Reserve.
Already on Rakuten? Open the Hertz store page →
