Originally Posted by AussieInLondon

I'm sure this has been answered but there are a lot of pages to go through, I have a 241 redemption booking to Mexico later this year that has not been cancelled. I would like to cancel this, understanding that I will lose £35 fee.

I am hoping to rebook to another redemption at T-355 which is approaching in roughly 20 days. Given that I know I will be booking a flight with BA in 3 weeks I am fine to get a FTV instead of cash

Questions are;
Will the points post back into my account in time? We are not points rich enough to make the second redemption booking without first getting the original redemption points back
Do I get instant access to the FTV or is there a minimum posting time?
Will I be able to use the FTV to make another 241 redemption? Does it hold my 241 inside it, or will my 241 re-appear in my BAEC account?
Given I am booking at T-355 I will only be booking the outbound first, as the taxes on redemption 2 will be less, will I be able to use what's left on the FTV on my inbound when I book it?
There will be a difference of about 60,000 points less on the 2nd redemption, will the excess points remain usable for a future 241 redemption in conjunction with the points in my account?

Thanks for the help, apologies for not reading through all the pages to find the answers to the various questions!