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No, it specifically does not include upgrades. If you can successfully claim it was actually a booking fee and not an upgrade, it’ll cover it.
It should include seat upgrades
I stand corrected - seat assignments, but not upgrades. Here’s the list from TPG.
The $55 in fees/taxes was already refunded but not seeing the other come through.
Yes it works if you upgrade within same class and do it separately from the original ticket purchase. You also have to select your preferred airlines in the membership menu. Upgraded to main cabin extra and everything was refunded.