Generally, a Future Cruise Credit (FCC) is not refundable for cash, but there are specific "2026 nuances" depending on how the credit was issued. If your FCC was a "Bonus" or "Goodwill" credit (e.g., a 125% value offer given because the cruise line cancelled your trip), the extra 25% is never refundable and will expire if not used. However, if the FCC represents the actual "cash value" of a trip you paid for that was subsequently cancelled, some cruise lines (like Holland America) categorize these as "Refundable FCCs." In these cases, you can often request to convert the unused cash portion of the credit back into a refund to your original payment method, though you must usually do this before the FCC expires. If you were the one who cancelled the cruise and received an FCC as a result of a "flexible cancellation" policy, that credit is almost always non-refundable. Always check your specific FCC certificate for terms like "Cash Value" or "Promotional," as this determines whether you have any leverage for a refund.