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Refundable vs non-refundable cruise fares

Many cruise fares come in two flavours: refundable and non-refundable. The non-refundable one usually looks friendlier at booking, but it can cost you more if plans change. Here is how to choose the right one for your trip.

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Reviewed 2026-07-20 · Written by the CruiseLine Advisors team

The short version

  • A refundable fare or deposit lets you cancel and get money back, up to a point in the cancellation schedule.
  • A non-refundable fare usually looks friendlier at booking, but you forfeit the deposit, or pay a change fee, if you cancel or move it.
  • Non-refundable can be a fine choice when your dates are locked in; refundable buys flexibility when they are not.
  • Either way, the cancellation schedule still applies once you pass final payment.
  • Travel insurance can bridge the gap on a non-refundable booking if something unexpected comes up.

The difference in one minute

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Refundable

Cancel before the penalty window and get your money back. Costs a little more up front, buys peace of mind.

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Non-refundable

Friendlier price at booking, but the deposit is forfeited (or you pay a change fee) if you cancel or move the sailing.

Neither is a trap; they are two trade-offs. Refundable is insurance against changing your mind; non-refundable rewards certainty. The right pick depends entirely on how firm your plans are.

When each one makes sense

  • Choose non-refundable when your dates are locked, time off is approved, and you are confident the trip is happening.
  • Choose refundable when plans might shift, you are booking far ahead, or you are still deciding between sailings.
  • Remember the deadline. Both types still follow the cancellation schedule once you pass final payment, so flexibility narrows as you get closer either way.
Booking early? A refundable fare lets you lock a good cabin now and keep the option to change your mind, then you can often switch to a better arrangement later if one appears.

Where travel insurance fits

If you go non-refundable to get the friendlier price but still want a safety net, travel insurance can cover you for covered reasons if something unexpected happens. It is especially worth considering for non-refundable bookings and sailings during hurricane season. A specialist can walk you through whether it makes sense for your trip.

For the full booking timeline, read deposits, final payment and cancellation.

The bottom line

Non-refundable rewards certainty with a friendlier booking price; refundable buys flexibility for a little more. Match it to how firm your plans are, and add travel insurance if you want a net under a non-refundable booking.

Not sure which suits your sailing? A specialist lays out both, and the exact cancellation terms, when you call.

Frequently asked questions

What is a non-refundable cruise fare?

A fare or deposit that usually looks friendlier at booking, but you forfeit the deposit (or pay a change fee) if you cancel or move the sailing. It rewards certainty about your dates.

Is a refundable cruise fare worth it?

If your plans might change or you are booking far ahead, yes, it buys the option to cancel and get money back up to a point. If your dates are locked, a non-refundable fare may suit you better.

Do I still face cancellation penalties on a refundable fare?

Yes, once you pass the final-payment date, the cancellation schedule applies to both fare types. Refundable simply gives you more freedom before that point.

Can travel insurance cover a non-refundable cruise?

For covered reasons, often yes. Insurance is especially worth considering on non-refundable bookings and during hurricane season. Read the policy terms, or ask a specialist to explain the options.

Which should I choose, refundable or non-refundable?

Non-refundable if your dates are firm and you want the friendlier price; refundable if plans might shift or you are still deciding. A specialist can confirm the exact terms for your sailing.

Ready to price a real sailing?

Call a specialist, they'll give you the all-in number for your dates.

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