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Any Southwest fares will create flight credit when booked with a LUV voucher and then canceled.
Southwest flight credits no longer expire, as well.
The difference would be a Wanna Get Away fare = non-transferable flight credit and Wanna Get Away Plus = transferable credit.
Can read more here if you like.
https://community.southwest.com/t5/Reservations/LUV-Voucher-turn-into-Travel-Credit/td-p/146670
community.southwest.com
LUV Voucher turn into Travel Credit?
Hi! I have a current flight book to use my expiring LUV Voucher in Aug 2022. If I were to cancel the flight, would I be issued a Travel Fund? I would like to extend the life of my credit, … Continue reading