What is a fully refundable deposit?
What is a fully refundable deposit? A fully refundable deposit engages consumer participation By refunding the deposit in full once the container returned, as well as clearly and separately communicating the deposit value at purchase, it encourages consumers to participate in the system and enable strong return rates to be achieved.
Is free cancellation the same as fully refundable?
The two expressions mean exactly what they say. If a reservation is non-refundable, it means you pay for it when you book and you don't get any money back if you cancel the reservation. Free cancellation means that you are not charged anything if you cancel.