How much is the security deposit?

A security deposit is required to activate a bid with RideSafely. The deposit amount is either $600 or 10% of your bid amount, whichever is greater.

Accepted Deposit Payment Methods

• Bank Wire Transfer – Available for all amounts.
• Credit Card & PayPal – Accepted up to $2,000.

For International Customers

If PayPal is unavailable in your country, you must transfer funds via Bank Wire Transfer to a designated affiliated dealer’s account before placing a bid.

Important Deposit Policies

• Account Suspension – If a deposit is not submitted on time, the account will be suspended due to non-payment. To reinstate the account, a wire transfer deposit must be made, which will be credited toward your next purchase.
• Using Account Credit – If a customer has available credit, it will automatically be applied toward the bid deposit.
• Credit Card Holds – Credit card deposits are temporarily held and automatically released after 5–7 days if the bid is not approved and there are no active bids in your RideSafely account.

For more details, see our FAQ: Learn More About Credit Card Holds.

For further assistance, feel free to contact RideSafely support.

If you have any questions about security deposits or payment methods, our RideSafely support team is here to assist you. Feel free to call us at (215) 289-0300 for expert guidance.

Thank you,
The RideSafely Team
feedback[at]ridesafely.com