Will I lose leftover value when I use an Air Canada Future Travel Credit?

Yes, the published Future Travel Credit terms say that a lower-priced replacement booking forfeits the difference. This is a one-use credit, not a reusable wallet balance. Verify the instrument name and the final redemption calculation before using it, especially when the new fare is substantially lower.

What this answer depends on

  • The instrument specifically labeled Future Travel Credit, not AC Wallet or an Air Canada Travel Voucher.
  • Future Travel Credits are described as one-time-use, nontransferable instruments.
  • If the value of the new booking is lower, the unused difference is forfeited; applicable cancellation fees and fare difference are applied on redemption.
  • The original fare rules continue to apply, and redemption is through Air Canada, the issuing travel agent or an available ticketing agent.

Important exceptions

  • The source’s detailed terms also restrict combination with other credits or payment. Because it separately refers to fare differences, obtain an issuer-confirmed transaction quote instead of guessing how a particular additional-payment scenario is processed. No conversion into AC Wallet is assumed.

What to do next

  1. Find the Ticket Credit Receipt and read the remarks in its Fare Details section. Confirm that the instrument is a Future Travel Credit rather than another similarly named product.

  2. Request a complete redemption quote that separates new-ticket value, any deduction and any value that would be forfeited. Do this before authorizing the exchange.

  3. Consider only travel you actually intend to take when evaluating the quote. Buying unnecessary travel merely to absorb a balance can create a new cancellation problem.

  4. Retain the redeemed-credit receipt and the new ticket together. If a residual amount was represented as reusable, resolve that discrepancy with the issuer using the actual quote.

  5. Ticket Credit Receipt, original fare conditions, credit number, expiry and itemized replacement-ticket quote.

More booking questions

Is the leftover treated like AC Wallet credit?

No. The Future Travel Credit rule expressly provides for forfeiture when the new value is lower.

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Can I give this credit to another traveler?

The published instrument is nontransferable.

Checked againstAir Canada credit options

Sources and last checked