Iberia Cancellation Policy (2026)
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
Basic Economy: Non-refundable. Main Cabin: Non-refundable or permitted with a penalty fee. Premium: Permitted with a penalty fee.
Refund Method
Refund voucher for future purchases or cash returned to the original payment method