ERAC — Enterprise Bank Charge Explained

ERAC on your bank statement is a transaction descriptor for Enterprise, a travel company. Enterprise Rent-A-Car is a car-rental company operating in the UK and worldwide. Charges are per rental and vary by vehicle and duration, plus extras and a deposit hold at pickup.

What Is the ERAC Charge?

ERAC is a transaction descriptor for Enterprise, a travel company.

Enterprise Rent-A-Car is a car-rental company operating in the UK and worldwide. Charges are per rental and vary by vehicle and duration, plus extras and a deposit hold at pickup. They typically appear as ENTERPRISE or ENTERPRISE RENT on your statement.

This code appears on your bank statement because banks display a short payment reference — set by the merchant's payment processor — rather than the company's full trading name. The code ERAC is the official identifier that Enterprise registered with Visa or Mastercard.

Is the ERAC Charge Legitimate?

A charge from this merchant may relate to a purchase, subscription, trial or another transaction. Only you and your bank can confirm whether a payment was authorised. It may help to check your email for a receipt, or log into your Enterprise account to review recent activity.

How Do I Cancel or Dispute a ERAC Charge?

  1. Identify the charge: Confirm the charge is from Enterprise by checking your email for a receipt or logging into your account on their website.
  2. Cancel your subscription: If you no longer want the service, log in to Enterprise and cancel your subscription through account settings before the next billing date.
  3. Contact the merchant: If you do not recognise this entry, contact your bank or card issuer and ask them to confirm the transaction and merchant details. Only you and your bank can confirm whether a payment was authorised.
  4. Contact your bank: If the merchant does not resolve the issue, contact your bank or card issuer using the number on the back of your card. They can explain what options may be available and what information they need.

What Other Names Does Enterprise Use on Bank Statements?

Enterprise may also appear on your statement as:

Frequently Asked Questions About ERAC

What is ERAC on my bank statement?

ERAC is a bank statement transaction code for Enterprise, a travel company. Enterprise Rent-A-Car is a car-rental company operating in the UK and worldwide. Charges are per rental and vary by vehicle and duration, plus extras and a deposit hold at pickup. They typically appear as ENTERPRISE or ENTERPRISE RENT on your statement. This descriptor appears because banks display a shortened payment code instead of the full company name.

Is ERAC a scam?

A charge from this merchant may relate to a purchase, subscription, trial or another transaction. Only you and your bank can confirm whether a payment was authorised. It may help to check your email for a receipt, or log into your Enterprise account to review recent activity.

Why is ERAC on my bank statement?

ERAC appears on your statement because Enterprise processed a payment through their card payment provider. The code is set by their payment processor and is the official descriptor registered with Visa or Mastercard. Common reasons include a subscription renewal, a one-off purchase, or a trial period that has converted to a paid plan.

How do I cancel ERAC?

If you do not recognise this entry, contact your bank or card issuer and ask them to confirm the transaction and merchant details. Only you and your bank can confirm whether a payment was authorised.

How do I get a refund for a ERAC charge?

If you cannot resolve this with the merchant, contact your bank or card issuer. They can explain what options may be available for this type of payment and whether any time limits apply.

For more information about Enterprise and all its known transaction codes, visit the Enterprise merchant page.