What Happens When You Cancel a Flight Booked with Points?

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Well, what kind of points? This is the most important question to ask!  Which currency did you use to book the flight?  Most points bookings fall into two categories: true airline points (Delta SkyMiles, JetBlue TrueBlue, etc.) and bank points (Membership Rewards, Merrill+ Points, etc.). For this post, I’m going to assume you don’t have travel insurance. Of course, if you do, and you’re canceling for a covered reason, check your travel insurance policy for details.

Before we dive in, remember that almost every US carrier offers you 24 hours to cancel your ticket for free, regardless of class of service, destination, or cost.  This is due to the…

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