Crucial to understanding Spirit airlines refund policy is the recognition of the fare type selected at the time of booking. Spirit offers a range of fare options, from the Bare Fare, which boasts the lowest initial price but offers minimal flexibility, to the Standard Fare and Fully Refundable Fare options which afford greater flexibility at a higher price point. Passengers opting for the Bare Fare must be prepared to forfeit their fare and any associated fees in the event of a voluntary cancellation, whereas those with Standard or Fully Refundable fares may be eligible for refunds or credits depending on the circumstances.