To redeem Southwest Rapid Rewards points for a Wanna Get Away ticket, you will need approximately 70 points per $1 of airfare.
To claim points for a past flight, simply log into your account, select My Account and choose the Manage tab within My Rapid Rewards. Choose Request past points in the grey bar and enter your record locator (confirmation number) from your reservation.
|Card||Southwest Plus card||Southwest Premier card|
|Value of points sign-up bonus||40,000 points x 1.6 cents = $640||40,000 points x 1.6 cents = $640|
|Value of annual bonus||3,000 points x 1.6 cents = $48||6,000 points x 1.6 cents = $96|
|Total value of bonuses||$640 + $48 = $688||$640 + $96 = $736|
How much are 50,000 Southwest points worth? According to NerdWallet’s analysis, 50,000 Southwest points are worth about $700.
No, your Rapid Rewards points do not expire. However, if you choose to close your account, the points in your account will be terminated.
Generally, no. Southwest points are worth about 1.5-1.7 cents per point, but they sell for 2.75-3 cents per point. However, there are some instances when it might make sense to purchase points. For example, if you need to quickly top off your account for a specific redemption, buying points can be a good idea.
One of the most valuable perks of the Southwest Rapid Rewards® Priority Credit Card is an annual 7,500-point anniversary bonus. Southwest points have an average redemption value of around 1.5 cents each, so that means this anniversary bonus alone provides $112.50 in value.
TPG valuations peg Southwest points value at 1.5 cents each, making this 65,000-point bonus worth $975. These points also count toward the 125,000 points you need to earn the Southwest Companion Pass, hands-down one of the best deals in travel.
|Buy points||Discount/bonus||Price per point|
|Buy 5,000 — 9,000 points||60% bonus||1.72 cents|
Calculating the Value of Credit Card Points. The simplest way to calculate the value of your credit card points is to divide the dollar value of the reward by the number of points required to redeem it. For example, if it takes 50,000 points to get a $650 airplane ticket, your points are worth about 1.3 cents each.
Since Southwest award redemptions are tied to the cash price of the flight, 65,000 points are worth at least $845 in Southwest flights based on our valuations — but you might be able to get even more value depending on the route you book!
|Rewards Program||Average Mile Value||Value of 1,000 Miles|
|Southwest Airlines Rapid Rewards||1.46 cents||$14.6|
|Delta SkyMiles®||1.21 cents||$12.1|
|United MileagePlus||1.75 cents||$17.5|
|Alaska Airlines||1.02 cents||$10.2|
Southwest points are worth about 1.4 cents each when redeemed for the carrier’s cheapest Wanna Get Away fares, so 5,000 points are worth roughly $70 toward future travel on Southwest.
The annual fee is $99. The card doesn’t charge foreign transaction fees. And each year, cardholders get a 6,000-point anniversary bonus. Other Southwest credit card options may work better for you depending on the features you’re looking for.
As long as you stay active, you don’t lose points. However, the counter resets on January 1 for your annual accumulation. The annual accumulation is what the A List and A List Preferred statuses are based off of.
Rapid Rewards is a loyalty program designed to thank our Frequent Flyers for their loyalty. Rapid Rewards Points don’t expire as long as there is earning activity in the account within a 24-month period, and we send out a notice prior to inactivating a Member’s account that states what qualifies as earning activity.
No. Membership in the Rapid Rewards program is for individual travelers only. Individuals must enroll separately and may not pool or combine points with other Members. However, one Member may transfer their points to another Member.
For travelers who need extra points, Southwest Airlines allows Rapid Rewards members to buy points to boost their account balance. While these points can be used to book travel, they do not count toward earning the Companion Pass or A-List elite status.
Only base points, not bonus points, will count toward earning the Southwest Companion Pass. Additionally, points you purchased, points that were gifted or transferred to you and points transferred in from other programs like Chase Ultimate Rewards® DO NOT count toward your Southwest Companion Pass.
Yes. You can also be among the thousands of Southwest frequent flyers who sell their rewards points in exchange for cash. There are many online miles brokers who buy miles, MilesBuyer being one of them.
You receive 60,000 bonus points when you spend $2,000 on your Chase Southwest Airlines credit card within three months of opening it. Those points are valued at $822, based on U.S. News research. You can earn the sign-up bonus on these credit cards: Southwest Rapid Rewards® Plus Credit Card.
If you want to earn lots of Southwest points, you should check out the Rapid Rewards shopping portal. This site allows you to earn points through your everyday online spending. As with its dining program, you can double dip by using your Southwest credit card or a Chase Ultimate Rewards credit card.
Southwest Rapid Rewards Points do not expire as long as your account remains open. However, if you close your account, then all your points will be lost. This new policy came into force in October 2019. Prior to that points used to expire if you had 24-months of inactivity.
Southwest credit cards
Using a co-branded credit card is one of the fastest ways to earn Rapid Rewards points quickly, since the cards often have generous welcome offers. Earn 40,000 bonus points after spending $1,000 on purchases in the first 3 months your account is open.
|Rewards Program||Operating Airline||Economy (Round-Trip)|
|Southwest Rapid Rewards||Southwest||13,000+|
|Singapore Airlines KrisFlyer||Alaska Air||23,000-25,000|
|Korean Air SKYPASS||Delta||25,000|
|British Airways Executive Club||American, Alaska||25,000(+)|
At Tiffany, a $250 gift card costs 25,000 points, making each point worth 1 cent.
Can the reward points that I earn be converted into cash? A few banks give you the option to convert your reward points into cash. The amount that has been converted into cash will be credited into your credit card account. You can use this to make payments.
If you redeem points for cash back outside of Pay Yourself Back, 60,000 points are worth $600.
Can I buy a Southwest gift card with points? Yes, you can purchase a Southwest gift card using Rapid Rewards points on the Southwest Rapid Rewards website. A $50 gift card is 6,750 to redeem.
Enrolling in Rapid Rewards is easy—and free! You have multiple options to enroll in Rapid Rewards. Simply visit Southwest.com® and click on Rapid Rewards. … You can also enroll in Rapid Rewards by calling Southwest Airlines® Reservations at 1-800-248-4377.
Miles and points earned on co-branded hotel and airline travel rewards cards do expire usually if you are not active in redeeming them for 12 to 24 months, depending on the terms of the hotel or airline loyalty program.
Your Companion Pass is valid from the date you earn 125,000 Companion Pass qualifying points up to the end of the next calendar year. For example, if you earn the companion pass on December 14, 2020, it is valid up to the end of 2021.
When you cancel a Southwest Rapid Rewards co-branded credit card, any Southwest points earned from credit card bonuses and spending are yours to keep. They will stay in your Southwest Rapid Rewards account.
To view your account history, log in to your Rapid Rewards account on Southwest.com®. Next, click on My Account in the top right of your screen. Within your My Account, you can view your total points balance, recent points activity, your status toward tier membership, upcoming trips, saved trips, past trips, and more.
With the More Rewards program, Rapid Rewards® Credit Cardmembers can use their points for merchandise, international flights on global carriers, hotel stays, rental cars, gift cards, and exclusive Cardmember experiences.
Re: Transferring Rapid Reward points to another member, is there a fee? Yes, it’s 1 cent per point, which devalues those points significantly. Don’t do it, unless you absolutely need to combine points with someone else in order to have enough for a booking.
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