Though flight credits are better than nothing when you're faced with the cost of canceling a family vacation, you may still not want to risk losing your points, Johnson cautions.įor a different flight that she booked with TAP Air Portugal before the pandemic, she used 107,000 Chase Ultimate Rewards® points that she earned using her Chase Sapphire Reserve® and Chase Freedom® cards. Her decision to cancel was not covered under trip insurance, as the flight still proceeded as scheduled despite the U.K. and received a $5,000 travel credit instead of a refund in cash or points. Travel rewards writer Holly Johnson of Club Thrifty tells CNBC Select that she canceled her family's four Delta flights to the U.K. But that doesn't always mean the refund comes in cash or points. Department of Transportation requires airlines to issue refunds provided the flight lands or departs from U.S. Investing +More All Investing Best IRA Accounts Best Roth IRA Accounts Best Investing Apps Best Free Stock Trading Platforms Best Robo-Advisors Index Funds Mutual Funds ETFs BondsĪnd there's another hang-up: If your airline makes the call to cancel your flight, it's the airline who is on the hook for reimbursing you, not your card issuer. Help for Low Credit Scores +More All Help for Low Credit Scores Best Credit Cards for Bad Credit Best Personal Loans for Bad Credit Best Debt Consolidation Loans for Bad Credit Personal Loans if You Don't Have Credit Best Credit Cards for Building Credit Personal Loans for 580 Credit Score Lower Personal Loans for 670 Credit Score or Lower Best Mortgages for Bad Credit Best Hardship Loans How to Boost Your Credit Score Taxes +More All Taxes Best Tax Software Best Tax Software for Small Businesses Tax Refunds Small Business +More All Small Business Best Small Business Savings Accounts Best Small Business Checking Accounts Best Credit Cards for Small Business Best Small Business Loans Best Tax Software for Small Business Personal Finance +More All Personal Finance Best Budgeting Apps Best Expense Tracker Apps Best Money Transfer Apps Best Resale Apps and Sites Buy Now Pay Later (BNPL) Apps Best Debt Relief Best Mortgages for Average Credit Score.Best Loans to Refinance Credit Card Debt.
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