Originally Posted by
xliioper
Pre-Covid, they typically only offerred refundable fares in the higher fare classes such M, H, Q, or K and you would often have to upfare to a higher fare class to purchase one. This would result in a higher upgrade priority than the lower fares classes which were all non-refundable. Post-Covid, they have refundable fare filings going all the way to down to V fares (typically starting at around a $30 upcharge from the non-refundable Main equivalent fare). Since you will have the same fare class in both cases, there's no upgrade priority benefit.
Here's an example from DTW-ORD with cheapest Main fare which has a refundable variant for $30 more. They are V fares in both cases, so there is no upgrade priority benefit.
Refundable for lower fare classes go back farther than three years. This was all about competing with WN. But yes, higher-fare classes are more likely to be refundable.