What is travel credit used for?

What is a travel credit? When travel has been disrupted or cancelled, and the booking conditions of the reservation don't permit a refund, sometimes a travel supplier will allow the amount booked to be used as a credit for future travel.



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You can't transfer the flight credit to anyone else to use nor can you refund it to cash or credit card. Flight credits are limited to redemption for the base fare and the associated taxes and fees. You can't use your flight credit for extras such as seats or bags or for charges associated with award travel.

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If you change or cancel your flight – or get bumped – airlines will often give you at least some of that money back in the form of a voucher or travel credits to put toward a future trip.

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What is a travel credit? When travel has been disrupted or cancelled, and the booking conditions of the reservation don't permit a refund, sometimes a travel supplier will allow the amount booked to be used as a credit for future travel.

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While these thin, rectangular pieces of plastic look essentially the same, they are very different. With a credit card, you are essentially borrowing money from your line of credit, whereas the debit card immediately takes the money from your connected bank account to pay for purchase.

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Each type of travel credit has its own terms and conditions, so be sure to read them carefully before redeeming your credit. Keep in mind, travel credits can only be used to book flights, and can't be used to pay for extras like seats or bags.

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While credits can be used on as many flights as needed until they're fully used, vouchers can be used only on one flight, with any leftover value going to waste.

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What are annual travel credits? Annual travel credits are reimbursements for certain travel expenses. They take the form of credits on the cardholder's statement. The Chase Sapphire Reserve®, for example, offers $300 per year in travel credit.

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Advantages of using cash If your spending discipline breaks down when you use credit cards, cash may be a better choice while you let loose on vacation. No foreign transaction fees: Many credit cards charge an extra fee of up to 3% on purchases made outside the country, although you can find cards that don't.

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Best Travel Rewards Credit Cards
  • Bilt World Elite Mastercard®: Best Travel Credit Card With No Annual Fee.
  • Credit One Bank Wander® Card: Best Travel Credit Card for Fair Credit.
  • Citi Premier® Card: Best for Citi Customers.
  • American Express® Gold Card: Best Travel Rewards Earning for Foodies.


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Maria Adams, Credit Cards Moderator The only difference between a credit card and a travel card is that the latter tends to reward cardholders more for making travel-related purchases than anything else.

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Canceling a nonrefundable fare will result in an eCredit for the full amount paid (minus any cancellation fees, depending on fare type and route). However, if you cancel a refundable ticket, you'll get the amount paid refunded back to your original form of payment.

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