what do you mean by this?
Meaning that card year is over. You get three hundred dollars in travel credit every card member year.
So should he want to get a refund for his original charge? He'll lose out on that whole amount.
Meaning if you don't use the credit that year it will go unused, And should you want to cancel a trip that you used the credit for and the card year has passed, you will lose that money as well, As you won't get back any credit if it's past expiration date.
The rebook wouldn't have insurance coverage though since it is no longer connected to the card.
That is true, he has to pick which one he wants.