Refundable vs Non-Refundable Airline Tickets Explained
Understanding the difference between refundable and non-refundable tickets is essential before purchasing airfare.
1. Refundable Tickets
Refundable tickets typically allow:
- Cancellation for a full refund
- Greater flexibility
- Fewer restrictions
These tickets are often more expensive but provide peace of mind.
2. Non-Refundable Tickets
Non-refundable tickets generally:
- Do not provide cash refunds upon voluntary cancellation
- May allow travel credits instead
- May require fare differences for changes
These are often lower-cost options with stricter rules.
3. Travel Credits Instead of Cash Refunds
When cancelling a non-refundable ticket, airlines may issue a credit that can be used toward a future booking.
These credits often have expiration dates and usage conditions.
4. Basic Economy Restrictions
Basic economy fares may be even more restrictive, sometimes limiting change and cancellation options entirely.
Before purchasing a ticket, travellers should review fare conditions carefully.
Disclaimer
This content provides general guidance only. Fare rules vary by airline and ticket type.