Iberia Cancellation Policy (2026) — Change Fees, Refunds & How to Cancel

If the fare booked requires immediate payment, the booking may be cancelled without penalty within 24 hours of creation of the booking.

24-Hour Rule

Yes — free cancellation within 24 hours of booking. If the fare booked requires immediate payment, the booking may be cancelled without penalty within 24 hours of creation of the booking.

Cancellation Fees

Fare ClassFee
Basic EconomyNon-refundable
Main CabinNon-refundable or permitted with a penalty fee
PremiumPermitted with a penalty fee
BusinessFlexible fares allow cancellation without penalty

Change Fees

Fare ClassFee
Basic EconomyNot permitted or high penalty fee
Main CabinPermitted with a fee depending on the fare rules
PremiumPermitted with a fee depending on the fare rules
BusinessFlexible fares allow changes without penalty

Refund Method

Refund voucher for future purchases or cash returned to the original payment method

Same-Day Change

Subject to fare rules and availability

No-Show Policy

Failure to show up may constitute a unilateral modification of the contract of carriage, potentially resulting in cancellation of remaining segments.

How to Cancel

  1. Go to 'Manage your booking' on Iberia.com
  2. Enter your booking reference and surname
  3. Select the option to cancel or request a refund
  4. Follow the prompts to receive a voucher or cash refund

Tips

  • Cancel within 24 hours of booking for a full refund if eligible.
  • Consider accepting a refund voucher for faster processing.
  • Check your specific fare rules before cancelling, as Basic Economy is usually non-refundable.
  • If your flight is delayed by more than 5 hours or cancelled, you are entitled to a refund.

Frequently Asked Questions

What is Iberia cancellation policy?
Iberia cancellation policy allows free cancellation within 24 hours of booking (must be booked 7+ days before departure for US flights). After 24 hours: Main Cabin — non-refundable or permitted with a penalty fee. Basic Economy — non-refundable.
Can I cancel a Iberia flight for free?
Yes — If the fare booked requires immediate payment, the booking may be cancelled without penalty within 24 hours of creation of the booking. Non-refundable or permitted with a penalty fee
What is Iberia's change fee?
Main Cabin: Permitted with a fee depending on the fare rules. Basic Economy: Not permitted or high penalty fee.
How do I get a refund from Iberia?
Refund voucher for future purchases or cash returned to the original payment method
What happens if I no-show on Iberia?
Failure to show up may constitute a unilateral modification of the contract of carriage, potentially resulting in cancellation of remaining segments.