I received an email from Wizz Air about a schedule change to my flight. There were three options to choose from and I opted for cancellation of both outgoing and return flights and receiving 120% credit for further bookings in my Wizz account (full credit + 20% extra). After choosing this option there was a message on the screen stating that I'll get a reply to my request by email in a couple of work days.
How many days exactly will the processing of my request approval take?
How long does the process of refunding take?
If I get the refund, can I purchase a ticket for the same flight again if needed?