Manage unused Travel credits with Itilite

1. What is unused airline credit?

Unused airline credits (also known as unused business travel credits) are the remaining value from canceled or rescheduled flights. When a business traveler cancels a ticket, most airlines issue a credit instead of a refund, allowing the traveler or company to apply it toward future bookings. Managing unused travel credits helps organizations avoid losing money tied up in unused airline tickets. Proper tracking ensures employees know how to use unused flight credits before they expire - converting potential losses into savings.

2. How to Claim Unused Airline Credits for Corporate Bookings?

To claim unused credits for corporate travel, companies must first identify the traveler, airline, and credit amount. Then, during travel booking unused credits, these can be applied toward a new flight of equal or higher value. Corporate travel teams often struggle with fragmented airline systems, which is why using a platform like ITILITE helps centralize all unused business travel credits in one place, making it easy to redeem unused credits seamlessly while ensuring compliance with airline rules.

3. What are the strategies to manage & redeem unused airline credits?

Effective strategies for managing unused business travel credits include maintaining a centralized log, tracking expiry dates, and sending automated reminders. Companies should apply unused credits during booking to reduce out-of-pocket flight costs. Another key practice is monitoring airline-specific restrictions on how to redeem unused credits and reissue them when travelers leave the company. Using travel management software like ITILITE helps manage unused airline tickets efficiently and ensures you never miss out on easy savings

4. How does Travel Management Software Help to Manage Unused Credits?

A Travel Management Software like ITILITE simplifies managing unused business travel credits by automating tracking, reporting, and redemption. It gives real-time visibility into unused airline credits across all travelers, showing value, airline, and expiry dates. During travel booking unused credits, the platform automatically alerts users to apply unused credits - reducing manual work and financial leakage. This ensures companies know how to use airline credits effectively, improving travel policy compliance and boosting cost savings from every unused business travel credit.

5. Eligibility & Process for Redeeming Unused Airline Credits

Eligibility for redeeming unused airline credits depends on airline policies and ticket type. Typically, credits can be applied by the same traveler within a set validity period, often 12 months. Some airlines permit name changes for corporate accounts, allowing businesses to claim unused credits even if an employee has left. The process involves identifying the unused business travel credits, verifying the value, and applying unused credits through the company’s travel platform. 

6. What is the process of converting unused credits to cash?

While most airlines don’t allow directly converting unused credits to cash, some exceptions exist based on fare type or corporate agreements. Businesses can track expiring unused airline credits and, in certain cases, request refunds for refundable fares. The best approach is to proactively redeem unused credits or apply unused credits to new bookings before expiry. Travel management tools like ITILITE make it easy to monitor credit lifecycles and avoid unnecessary spending which companies could have avoided

7. Is ITILITE the best platform to manage unused airline credits for all major airlines in the US?

ITILITE is the leading platform for managing unused airline credits in USA. It centralizes all unused travel credits, automates tracking, and sends alerts for upcoming expirations. With ITILITE, companies can apply unused credits directly during booking, redeem unused credits instantly, and even manage unused airline credits for employees who have left. The system adapts to each airline’s rules, ensuring complete compliance and cost efficiency. For businesses seeking a smarter way to manage unused business travel credits, ITILITE delivers savings which can go upto 10% of a company’s overall flight spend