Get Up to ₹4,000 on Domestic Flight Cancellations With Mastercard CFAR Benefit

Mastercard has introduced a Cancellation For Any Reason (CFAR) benefit for eligible cardholders in India. The benefit lets cardholders get reimbursed for cancellation losses on domestic flight bookings, up to ₹4,000 per booking. Eligible cardholders can use this benefit twice during the offer period.

The benefit is available on eligible Mastercard credit and debit cards and does not require traditional travel insurance claim requirements or prior registration before booking. However, certain conditions apply to flight bookings and cancellations.

• Travel Period: October 1, 2026, to December 31, 2027 (both dates inclusive)
• Maximum Reimbursement: Up to ₹4,000 per PNR
• Usage Limit: Twice during the offer period
• Applicable Bookings: Domestic flights within India
• Claim Deadline: Within 30 days of canceling the flight

Eligible Mastercard Credit and Debit Cards

The Cancellation For Any Reason benefit is available on the following eligible cards:

Credit Cards: HDFC Infinia, Axis Olympus, Axis Magnus, Axis Magnus for Burgundy, HSBC Prive, HSBC Premier, IndusInd Solitaire, IndusInd Crest, IndusInd Pioneer Heritage, IDBI Opulence, ICICI Emeralde Private Metal, SBI Card Aurum, RBL Lumière, RBL Nova, RBL World Safari, Standard Chartered Ultimate, and IDFC FIRST Bank Mayura.

Debit Cards: YES Bank Private World Elite Debit Card, SBM Private World Elite Debit Card, and Bandhan Bank World Elite Debit Card.

Cardholders should verify their card’s eligibility before submitting a claim.

How to Claim the Mastercard CFAR Benefit

Eligible cardholders can follow these steps to submit a claim:

• Visit the Mastercard DreamFolks portal and register or log in.
• Verify the eligible Mastercard and select the Cancellation For Any Reason benefit from the available travel benefits.
• Upload the required documents, including the flight ticket, cancellation invoice, and bank statement.
• Submit the claim for verification and processing.

The claim must be submitted within 30 days of canceling the flight. The booking must also be paid for entirely using the eligible card.

Bottom Line

Mastercard’s Cancellation For Any Reason benefit can help eligible cardholders reduce losses when travel plans change unexpectedly. With reimbursement of up to ₹4,000 per PNR and two claims during the offer period, it offers additional flexibility for domestic air travel.

However, cardholders should check eligibility, cancellation conditions, and the complete terms before relying on this benefit.