Does anyone know if the $200 credit used towards hotel (for example) is applied immediately, or only applied when the "charge" of the hotel actually occurs? For example, if I were to book a hotel stay in several months, will my $200 credit only show up after my stay (i.e. after I pay the hotel) or will it show up right away when I make the booking?
p.s. does that mean if you cancel the stay, the credit still applies?