Most of the USA Carriers sells fare which are non-refundable. If you cancel your reservation within 24 hours of booking you can get full refund to your original payment method without any fees. There are however two carriers which are more flexible on change / refund policy and these are Southwest Airlines and Alaska Airlines.
For Southwest if you cancel the flight up-to 10 minutes before departure you get the refund in the form of Southwest credit to be used by the same passenger within one year of the date of purchase of the ticket. For Alaska if you have booked the flight which is more than 60 days away from the flight date then you get the refund as a credit in your "My Wallet". The good part is this credit could be use for any passenger and it does not expire.
So what happens if the price falls for the flight booked by on Alaska Airlines website and the flights are within 60 days of purchase date?
The good news is that Alaska Airlines provides Price Guarantee where if the price of the flights falls it would either provide a refund or credit in My Wallet based on refundable or a non-refundable fare. Apart from Southwest Airlines generous change policy Alaska Airlines is the only one which does not charge any fees and provides the credit if the price of the flight booked by you falls below the original ticketed price.
There are requirements such as you should not be changing the flight date, times, or cabin while using the price guarantee so as to say it has to be for the same flight you had originally booked. You can find the full terms here but more importantly the entire process can be done online and the credit gets deposited in My Wallet and expires in 1 year from the original date of reservation but you use it for any passengers. Also you can claim this credit for Virgin America flights booked on Alaska Airlines website .
So the next time you see the fare of your booked flights with Alaska Airlines fall below your purchase price and if the reservation is within 60 days of travel, go ahead and claim the credit for future use here.
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I have been offline for a while so apologies for that. That being said lets explore something which is useful if you have credit cards which earns you points which you can redeem for travel credits at 1:1 ratio. Let me begin with the few cards that I am aware of which provide great value on earning or redeeming for travel credits.
Thanks for reading!
P.S. - I do not earn any commission from the above credit card links.
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