If you cancel a Southwest Wanna Get Away (or Wanna Get Away Plus) flight in 2026, you will not receive a refund to your original form of payment, but you will receive 100% of the ticket value as a Flight Credit. One of the most significant benefits of Southwest is that they do not charge any "cancellation fees." To receive the credit, you must cancel your flight at least 10 minutes before the scheduled departure; otherwise, the funds are forfeited. The credit for a standard Wanna Get Away fare is non-transferable and can only be used by the person whose name was on the original ticket. However, if you booked a Wanna Get Away Plus fare, you receive a Transferable Flight Credit, allowing you to give that credit to someone else (who must be a Rapid Rewards member). In 2026, Southwest flight credits no longer expire, meaning you can hold onto that value indefinitely until you are ready to book another trip. This flexibility makes Southwest one of the most consumer-friendly airlines for those whose plans might change at the last minute.