Southwest Airlines  cancellation policy allowing passengers to change or cancel their reservations without incurring hefty fees. For Wanna Get Away fares, cancellations made more than 10 minutes before departure receive a full refund as a credit towards future travel, valid up to one year from the original booking date. Anytime and Business Select fares can be refunded to the original form of payment or held as travel funds for future use. Same-day cancellations or no-shows result in the fare being converted into travel funds, minus applicable fees. Passengers can manage their bookings online or contact customer service for assistance.