When submitting a booking request, you’ll have the option to pay in full or pay part now, part later with split payments.
When paying in full, an authorization hold will be placed on your credit card for the amount of the booking total (inclusive of processing fee) to ensure there are enough funds available in the account. A hold often reads as a "pending" or "processing" transaction in your bank statement. The card you have on file will not be charged in full until the booking request is accepted by the host.
When paying with split payments, an authorization hold will be placed on your credit card for 50% of the booking subtotal, applicable processing fees, and the split payments fee. A hold often reads as a "pending" or "processing" transaction in your bank statement. The card you have on file will not be charged until the booking request is accepted by the host.
The second charge happens before the booking start date and is dependent on the cancellation policy the booking was made under:
- Very Flexible & Flexible - 3 days before event start date
- Standard 30 - 9 days before event start date
- Standard 90 - 16 days before event start date
As soon as the host accepts your booking, the reservation is confirmed and the Peerspace Cancellation and Refund policy takes effect.
We highly recommend that you only submit a booking request when you are certain that a cancellation is very unlikely.
Use the “Message Host" button under the host's profile photo to check availability and ask any questions you have before booking. As a best practice, we recommend reaching out to 3-5 spaces in order to increase your chances of finding the right fit.
For more information, head over to our explanation of the payment process.