Hertz Files for Bankruptcy

The company had about $19 billion in debt and nearly 700,00 vehicles that have been largely sitting in parking lots due to the coronavirus pandemic and the lack of travel demand it caused. Hertz has been renting cars since 1918.

Hertz Devalues Gold Plus Rewards Points

Bad new from Hertz. The car rental company has devalued their Gold Plus Rewards points without any notice. The new rates can already be seen here and you can find the old award chart here. Here’s some devaluation examples in the standard award chart as reported by DansDeals: Premium car weekend: Was 550 points/day, now 750…