LATAM Airlines has a 24-hour cancellation rule that lets passengers cancel their flight reservation and receive a full refund if they do so within 24 hours of booking. This policy applies only if the ticket was purchased at least seven days before the scheduled departure date. It is designed to give travelers a chance to change their minds soon after buying a ticket without losing money. However, the 24-hour cancellation rule is valid only when tickets are bought directly through LATAM’s official channels, such as their website, mobile app, or customer service centers. If you purchase your ticket from a third-party travel agency or an online booking platform, this rule may not apply, and you should check with the agency for their cancellation policies. To be eligible for a full refund under this rule, you must submit your cancellation request within 24 hours from the moment you booked your flight. This means if you book a ticket today, you have a full day to cancel it without penalty. The refund will be processed to the original method of payment, typically credit cards, and it may take around seven to ten business days to reflect in your account. For other payment types, such as cash or bank transfers, the refund process could take longer. It’s important to note that after the 24-hour window has passed, the rules change depending on the fare you purchased. If you have a refundable ticket, you can still cancel before your flight and get your money back. For non-refundable tickets, cancellations often come with fees or no cash refunds, but LATAM may offer a travel credit or voucher that you can use for future flights. Another key point is that if LATAM cancels your flight or makes significant changes to your itinerary, you are entitled to a full refund no matter what kind of ticket you bought. In such cases, you can also choose to be rebooked on another flight without extra charges. To cancel your booking within the 24-hour period, you can visit the LATAM website or app, log into your account, and follow the cancellation steps under “My Trips.” Alternatively, you can contact LATAM’s customer service directly for help with the cancellation process. If your booking was made through a travel agent, you should reach out to them for assistance. This 24-hour rule is especially useful for travelers who book quickly or make a mistake and need to change their plans shortly after purchase. It provides peace of mind and flexibility without financial loss. However, always review your ticket’s terms and conditions at the time of purchase, as fare rules vary and affect your options for cancellations and refunds. In summary, LATAM’s 24-hour cancellation policy allows you to cancel tickets purchased at least seven days before the flight within 24 hours for a full refund. This policy only applies to bookings made directly with LATAM. After 24 hours, refundable tickets remain eligible for refunds, while non-refundable tickets usually only get travel credits. If LATAM cancels your flight, a full refund is guaranteed. Knowing this policy helps you plan and manage your travel bookings with confidence.