Am I understanding the 125% credit correctly?

I wonder if it is because my rescheduled cruise is beyond the 2 year period

The new cruise I booked is also past my 2 year period. They are honoring them past the 2 years if your cruise was cancelled.
 
What if you cancel the cruise you booked with the FCC? How does the refund work? Is it just the 100% of the original cruise?
 
You get refunded the amount you actually paid out of pocket. You don't get to keep the additional "credit."

Enjoy your cruise!

this is a little discouraging because I asked my dreams unlimited agent this exact question and was given a different answer. she told me the entire amount was non-refundable. Because of that answer I didn’t book. I guess she was given incorrect info by dcl.
 

this is a little discouraging because I asked my dreams unlimited agent this exact question and was given a different answer. she told me the entire amount was non-refundable. Because of that answer I didn’t book. I guess she was given incorrect info by dcl.

The 100% cruise credit that Disney offered for cruises thru May 31st is 100% non refundable if you take the offer. If your cruise is cancelled and you are offered the 125% and book another cruise, normal cancellation policies apply.

Just did this yesterday thru Costco. I have a new confirmation number and can get a refund of my original cruise fare before PIF date. I don’t get a refund of the “extra” credit that Disney gave me for rebooking instead of taking a refund.

Maybe you should get a different dreams unlimited agent. I got all the right answers from Costco travel yesterday :)
 
What if you cancel the cruise you booked with the FCC? How does the refund work? Is it just the 100% of the original cruise?
You are subject to the new cruise's cancellation policies. So if you cancel prior to the PIF date, you can request 100% of the money that you paid Disney to be refunded. I then assume that if you cancel after the PIF date, I'll make up a number and say if the cancelation policy is you lose $200, I would then guess you could call and get all of your money that you paid less the $200 cancelation amount refunded.
 

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