Tips & Tricks: Cancel Airfare Penalty Free Within 24 hours
Mistake fares are hard to come by and you never know when they will come and go. How many have you seen one and had the opportunity to book it?
Far too many times have I seen and heard this happen. You were browsing the internet and come across a spectacular deal. That deal seems to be those once in a blue moon type of deal that you can book right now. However, once going through the purchasing process you start thinking and planning about other details of the trip like lodging, ground transportation, does it work with my schedule, etc. Then before you know it the deal is gone and you weren’t able to book your flights. Needless to say you got caught up worrying about the other details that you didn’t book the initial flight to get there.
I have had this happen to me before and I missed out on probably one of the best pricing error on Priceline that I could have gotten me around the world for only $125. However, you can avoid this problem by simply committing to the purchase and it will be risk free for the next 24 hours. The reason why I say risk free is because the Department of Transportation (DOT) issued out a guidance on what they call “The 24-Hour Reservation Requirement.” This notice provides guidance to U.S. and foreign air carriers regarding compliance with the customer service rule that requires carriers to hold a reservation at the quoted fare for 24 hours without payment or allow a reservation to be cancelled within 24 hours without penalty (the “24-hour reservation requirement”). This is a huge benefit because it allows you to plan the details of your trip while keeping your flight plan. Even if the reservation has already been ticketed and confirmed you can still cancel penalty free within 24 hours. Just make sure if you don’t plan on keeping it to cancel within 24 hours of the inital purchase or you will be scrutinized to forking over a cancel/change fees to the airline.