trip gain

Unused Ticket Credit

What is an Unused Ticket Credit?

An unused ticket credit refers to the value of a canceled or unused airline ticket that can be applied toward future travel. Typically issued when travelers cancel flights before departure, especially on non-refundable tickets, these credits must be used within the airline’s validity period—often 12 months. While they help preserve ticket value, rebooking fees and fare differences may still apply.

 

For businesses, managing unused ticket credits is essential to cutting travel costs. Corporate travel teams and travel management companies (TMCs) track these credits to ensure they are applied before expiration. Many companies outline specific policies for using credits efficiently, reducing financial losses and improving compliance with travel budgets.

Examples Of Unused Ticket Credit Usage
1.
Future Flight Rebooking
An Employee Cancels A Business Trip And Receives A $500 Credit Valid For Future Travel Within 12 Months.
2.
Corporate Savings
A Travel Manager Rebooks Another Employee’S Flight Using An Existing Unused Ticket Credit, Saving Company Funds.
3.
Policy Compliance
A Company Requires All Unused Ticket Credits To Be Tracked And Used Before Purchasing New Airfare.
Frequently Asked Questions About Unused Ticket Credit
1.
How long is an unused ticket credit valid?
Most airlines allow credits to be used within 12 months of the original purchase date, though policies vary.
2.
Can an unused ticket credit be transferred to another traveler?
Some airlines permit transfers on corporate accounts, but most credits remain tied to the original traveler.
3.
Do airlines charge a fee to use an unused ticket credit?
Yes, many airlines charge rebooking fees and require payment of any fare difference when applying credits.
4.
What happens if an unused ticket credit expires?
Once expired, the credit is forfeited, and no refund is provided by the airline.
5.
How can businesses maximize unused ticket credits?
By using a travel management system (TMS) to track credits and apply them before expiration, businesses can lower travel spend.