But i know somebody who just got a voucher

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An overwhelming majority of Americans postponed or canceled their plans in 2020. Most were issued vouchers or credits good for a future date.One year later, those credits are about lớn expire, if they haven't already.

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Amid the coronavirut pandemic, many flights are canceled at Orlanbởi International Airport in Florida on March 24, 2020.

One year ago, I booked round-trip tickets on Frontier Airlines for a vacation in Floridomain authority. When the coronavi khuẩn outbreak grounded our plans, I was issued a voucher — good for three months.

Like me, an overwhelming majority of Americans shortened, postponed or canceled their plans in 2020. 

Most were also issued vouchers or credits good for a future date. Twelve months later, those credits are likely expired — or are about khổng lồ.

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More than half of all adults, or about 54%, who laid out money for activities that were canceled due lớn the pandemic already lost those funds, according lớn a study by Bankrate.com.

Fewer received partial refunds, although it varied by the type of purchase. About 35% who canceled short-term home page rentals got some, but not all, of their money bachồng.

Less than a quarter of adults were partially refunded for canceled flights, sporting events, concerts, theater tickets or khách sạn stays, Bankrate found.

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Although many consumers accepted credit or vouchers rather than refunds, often good for up lớn a year, few expected it would be this long before the country began to lớn open up again.

Now, with expiration dates quickly approaching, it's a good time to lớn check in on those vouchers, advised Ted Rossman, an industry analyst at CreditCards.com.

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"If you aren't ready khổng lồ use it, ask for an extension or make a plan for a few months out," he said. Many airlines & hotels have sầu relaxed their policies và waived fees.

At Frontier, for example, credits for future travel originally required that travelers rebook within 90 days. The airline then modified that policy & now credits are good for up to one year.

Additionally, flights can currently be booked through April 2022 và the budget carrier is offering no-fee changes for new bookings made through the over of this month.

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With more than half of U.S. consumers planning to take a vacation later this year, this is a great time khổng lồ book, Rossman added.

In fact, summer travel reservations are picking up, thanks lớn recent improvements in the supply of Covid-19 vaccine shots, while the cost of airfare & khách sạn stays remain low.

"There are a lot of good đơn hàng right now, the longer you wait, the more likely prices are lớn rise or things fill up," Rossman said.

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