Back in July, I cancelled a reservation for covid reasons and was refunded $299.01 in the form of credit.
I finally got to planning my next trip and booked a room in April. I applied the credit and made the reservation. My group decided to switch to a different listing so we cancelled the reservation within the full refund window (it was the next day) and made a different reservation.
To my surprise, Airbnb kept my $299.01 credit that I had applied. I reached out to them, but they are unwilling to do anything about it. I was just sent the policy regarding coupons and credit. They basically said that when I cancel a reservation, they will keep the portion that was in the form of credit even if the host has a full refund policy.
I think this is a terrible policy and I wished I had looked up the fine print before it was too late. A warning or something in the system to notify me that I would be losing my own hard-earned money would have kept me from cancelling. I just thought it was going to be fine because the host's refund policy said that I would get a full refund. Little did I know, this doesn't include coupons/credit.
Am I at the end of the road here? I don't think Airbnb will do anything to help me but hopefully this information can prevent others from getting into this situation.