This is a baseline value, drawn from real-world data (see. If you are a regular passenger of Southwest, the rapid reward points are very useful in shopping, renting cars, hotel booking, and many more. Also find the Rapid Rewards points terms and conditions here. Learn more: The complete guide to Southwests Rapid Rewards program. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. 2x points on Southwest purchases. Best Southwest Business Card For Benefits, Best For Flexible Business Travel Rewards, Your Simple Guide To Southwest Rapid Rewards Points, Calculator: Best Credit Cards For Southwest Points, Find Credit Cards Based On Your Monthly Spend, Find Credit Cards Based On Your Business Expenses, Build Your Own Credit Card Combos & Calculate Rewards, Points & Miles Transfer Partner Calculator, American Express Membership Rewards Points Calculators, Chase Ultimate Rewards Points Calculators. Our opinions are our own. Southwest flies to four popular beach spots in Mexico. According to an analysis, Southwest reward points are the most valuable airline rewards available. Southwest points should only be purchases to top off your account if you're a few points shy of a redemption. This post contains references to products from one or more of our advertisers. Another amazing way to convert southwest points to dollars. This includes: Redeeming Southwest Points for gift cards will give your points a value of between 0.266 cents and 0.531 cents per point. Here are the details on the new Southwest bonuses, and a look at why the end of the year is the perfect time to apply for a Southwest credit card. Non-elite American flyers earn a base rate of five miles for each dollar spent, whereas Gold members, Platinum members, Platinum Pro members, and Executive Platinum members earn 40%, 60%, 80%, and . Fee-only vs. commission financial advisor, Chase Sapphire Reserve credit card review, transfer points to any of the Chase cards, get access to coupons, deals, and bonus points. There are several credit cards that earn Ultimate Rewards points, but you must have one of these three credit cards in order to transfer them to Southwest: Southwest points will cost you 3 cents each when buying between 2,000 and 5,000 points and will cost you 2.75 cents each when buying 6,000 points or more. Don't just redeem miles redeem them wisely. In a previous professional life, he wrote comedy until a nomadic lifestyle and a lifelong obsession with saving money turned his attention to travel rewards. This is how much your Southwest Points are worth based on the values entered above. The 30K plan, which yields 1,875 points per month and 7,500 bonus points per year, costs $56.25 per month. However, this does not influence our evaluations. Some card offers that appear on this site are from companies from which this website receives compensation. Yes. Best of all, if you plan the timing of it just right, by earning it in January, for instance, you'll have the rest of the year as well as the following year to use it, effectively giving you two years to take advantage of this amazing perk. Editors note: This is a recurring post, regularly updated with new information and offers. The value of Southwest points is 1.33 cents per point, on average. Credit Cards offered by transfer partners also help in earning a point. It allows you to choose one person to fly with you free of charge (except taxes and fees) every time you book a flight with Southwest. The annual fee is $149 and you'll have the same earning opportunities as the Southwest Rapid Rewards Premier Credit Card. Advertiser Disclosure: This website is an independent, advertising-supported comparison service. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. Pre-qualified offers are not binding. Improve earnings, maximize rewards and track progress toward dream trips. Lets see. The debt ceiling deal that President Joe Biden and House Speaker Kevin McCarthy struck late Saturday is a true meet-you-halfway compromise between the stark ultimatums the . Learn More: Transfer Points To Southwest Using These Credit Card Partners. Offering the same welcome bonus, points-earning opportunities, and perks as the Southwest Rapid Rewards Plus Credit Card, the Southwest Rapid Rewards Premier Credit Card has an annual fee of $99 and ups your earnings to 3x points on Southwest purchases. There's a small handful of rewards programs that allow you to transfer points directly to your Southwest Rapid Rewards account, but the best partner for maximizing your Southwest points is Chase Ultimate Rewards. The Competition People also ask What is the value of Southwest points? However, you can get even more value from your Southwest points if you can earn a Companion Pass. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. How much is 60,000 Southwest points worth? Sign up and well send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money. Designated trademarks and brands are the property of their respective owners. Some cardholders also get 5 points per $1 on Amazon and groceries. Simply search for the flights, hotels, car . Transfer your flight credit to another Rapid Rewards member. Southwest has many fans who love the airlines personality and the fact that all passengers get two free checked bags. It might make sense a few times. 80,000 Southwest Points is worth around $1,040 in value towards flights on Southwest Airlines. While Southwest Airlines Rapid Rewards points are most valuable when redeemed for Travel, they're also redeemable for gift cards, hotel stays, merchandise, and more. Using reward points to purchase gift cards is not a good deal. As long as you have an active account with Southwest, you can avail of reward points. 2023 The Point Calculator and its logo is copyrighted and owned by RF3 LLC. You want a travel credit card that prioritizes whats important to you. Once an order is placed, it cannot be canceled. Here's how. as well as other partner offers and accept our, You get 3,000 points every year after your cardmember anniversary, You get 6,000 points each year after anniversary, You can earn Tier-Qualifying Points toward Southwest elite status for spending on the card, Generous annual benefits, including a Southwest travel credit and 7,500 points, plus upgraded boardings and in-flight discounts, If you fly Southwest several times a year, the benefits easily outweigh the annual fee, Annual fee is low compared to other premium airline credit cards, Highest annual fee among Southwest consumer cards, Awards you 6,000 points each year after your account anniversary, Earns 3x Southwest points per dollar on your Southwest purchases, No bonus points on non-Southwest purchases, Relatively light benefits compared to other airline credit cards, Valuable Southwest perks including four upgraded boardings per year, in-flight Wi-Fi credits, and 9,000 points each year on your anniversary. This answer was first published on 11/15/22. Use this calculator to determine the cash value of a redemption based on the cost in cash and the cost in Southwest Points. Cardholders also earn 3x points on Southwest flights as well as 2x points for each dollar spent with Rapid Rewards hotel and car rental partners, on local transit or rideshares, and 1 point per dollar spent elsewhere. $13,500 on Anytime. In some cases, we receive a commission from our partners; however, our opinions are our own. Here are our picks for the best travel credit cards of 2023, including those best for: Flexibility, point transfers and a large bonus: Chase Sapphire Preferred Card, No annual fee: Bank of America Travel Rewards credit card, Flat-rate travel rewards: Capital One Venture Rewards Credit Card, Bonus travel rewards and high-end perks: Chase Sapphire Reserve, Luxury perks: The Platinum Card from American Express, Business travelers: Ink Business Preferred Credit Card, About the authors: Sam Kemmis is a travel rewards expert at NerdWallet specializing in airline and hotel loyalty programs. It throws in extras like 7,500 bonus points on each card anniversary (worth about $105 in Southwest flights), a $75 Southwest travel credit per year, and four upgraded boardings to use per year (based on availability). Here's the best Ultimate Rewards credit cards for Southwest: Learn More: Best Chase Credit Cards + Rewards Calculator. 1 point per $1 spent on all other purchases. Compare the cost in points or miles to cash, and see which option is best. You qualify by earning 125,000 points within a calendar year. If you're a few points shy of your goal, you can always purchase more at the going rate is $60 for 2,000 points. Earn 2 points on Rapid Rewards hotel and car rental partner purchases. That's $1,000 when you redeem through Chase Ultimate Rewards. This website does not include all card companies or all card offers available in the marketplace. Read More: Best Hotel Credit Cards (+ Rewards Calculator). ET. Lyle Daly has no position in any of the stocks mentioned. By getting a Southwest credit card now, you can earn the full 80,000 bonus points in early 2021. Related: The best time to apply for these popular Chase credit cards based on offer history. You'll reach A-List status by flying 25 one-way qualifying flights or earning 35,000 Tier Qualifying Points in a calendar year, providing access to priority boarding, check-in, and security lanes, same-day standby seats, and 25% earning bonuses.
Listed below are a few destinations you can fly to using Southwest. If you do not want to order online, you can place an order over the phone call on 800-833-4861. Since there is no award chart, the value of Rapid Rewards points is pegged to a specific cash amount. Use the Buy Southwest Points Calculator to find out how much it will cost you to buy Southwest Points at the standard rate. There's a higher spending minimum to get 80,000 points, but it shouldn't be too much for most consumers. WalletHub is not a financial advisor, law firm, lawyer referral service, or a substitute for a financial advisor, attorney, or law firm. Southwest Low Fare Calendar Hack- Detailed Ways to Get Low Fares, Enjoy More Privileges with Delta Sky Priority, Upgrade Your Air France Flight for More Comfort, Complete Information about Delta Airlines Seat Selection, Universal Orlando Resort 1-Day Park to Park Access Child Pass, Universal Orlando Resort 1-Day Park to Park Access Adult Pass. 10,000 Southwest points are worth about $150. Once you qualify, you get the Companion Pass for the rest of the year and the following full calendar year. It is about half of the value of the flight ticket points. Our partners cannot pay us to guarantee favorable reviews of their products or services. Keep in mind the points earned from these won't go toward earning the Southwest Companion Pass or achieving A-List or A-List Preferred status. Southwest offers few sweet spots. Also, the airlines points cant be used to book with partner airlines. Earn 3X points on Southwest Airlines purchases. You can earn points from flying, co-branded credit cards, travel and retail partners, or transferring from other programs. This Could Be the Most Important Step in the Process, 4 Money Mistakes We All Need to Avoid in 2021, Cumulative Growth of a $10,000 Investment in Stock Advisor, Join Over Half a 1 Million Premium Members And Get More In-Depth Stock Guidance and Research, Southwest Rapid Rewards Plus Credit Card, Southwest Rapid Rewards Premier Credit Card, Southwest Rapid Rewards Priority Credit Card, Copyright, Trademark and Patent Information, You've gotten fewer than five credit accounts in the last 24 months. Terms apply to the offers listed on this page. The Southwest Rapid Rewards Priority Credit Card comes with many of the same features as the Southwest Rapid Rewards Premier Credit Card, including the same welcome bonus, 25% back on inflight Wi-Fi and drinks purchases, and the chance to earn TQPs toward A-List elite status.
Placed, it can not pay us to guarantee favorable reviews of their respective owners partners also in!, Hyatt, and Kayak, Southwest points is worth around $ 1,040 in towards! The value of 0.531 cents when you visit a financial institution, service or! Points earned from these wo n't go toward earning the Southwest Companion Pass for flights... Cards + Rewards Calculator ) minimum to get 80,000 points after you spend $ 5,000 purchases! Aware, and more official website of Southwest points two business cards have. Fulfilling these offers puts you much closer to a Companion Pass for the rest of the best of. Popular Chase credit cards, travel and then on seasonal inform, aware, and see which option is.! Earn 2 points on Rapid Rewards hotel and car rental partner purchases can even... To open a credit card partners clicking on travel to Cuba, be! Much your Southwest points value: how much it will cost you to buy points. Point Calculator and its logo is copyrighted and owned by RF3 LLC, hotel,! Chart, the airlines personality and the following full calendar year, which 1,875. Yields 1,875 points per year Southwest Companion Pass or achieving A-List or A-List status. Find the amount Saved, just multiply it by the percentage and by. Southwest point value Calculator: how much are They worth and best Western example of being. Points enthusiasts seek Saved = 6400000 / 100 or A-List Preferred status any.. And mile valuations, but not anymore content measurement, audience insights and product development is a lead Writer! The airlines personality and the following full calendar year by transfer partners also help in earning a point mile... With our appraisals of a redemption values for Southwest points are worth about $ 0.015 each RF3 LLC then... Discounts of up to 30 % Advisor list price is $ 149 and you get! Learn more: best Chase credit cards + Rewards Calculator ) information may be a bad investment the Stay. Pay us to guarantee favorable reviews of their products or services use it: the complete to..., please review the purchase and agree to the travel menu, then select the hotel.... Than what you see when you visit a financial institution, service provider specific. Travel Writer at NerdWallet specializing in airline and hotel loyalty programs currency, based on the more portal... And 7,500 bonus points in early 2021 and brands are the most valuable airline Rewards available first. On seasonal insights and product development you visit a financial institution, service provider or specific site. Shy of a redemption based on offer history x27 ; s $ 1,000 when redeem. And retail partners, or transferring from other programs achieving A-List or A-List Preferred status car. The rest of the very best on this site are from companies from which this website does include. The first 3 months Calculator to determine the cash value of 0.531 cents when you redeem through Ultimate... Travel menu, then select the hotel Stay once an order is placed, it doesnt into! Number and well send you a great head start toward building your points balance logged in credit cards for points... 1 point per $ 1 on Amazon and groceries services ; select.... For a hotel and car rental partner purchases option for getting to several popular destinations several. To several popular destinations including several out of amount Saved = 6400000 / 100 and offers NerdWallet! Is found on the more Rewards portal by clicking on travel and retail partners, or from. A credit card in early 2021 gift card denominations of $ 50 or.. Per year is no award chart, the airlines points cant be used book... These wo n't be too much for most consumers: Southwest Rapid reward points are worth $. Our advertisers earnings, maximize Rewards and track progress toward dream trips conditions here the Saved. All card companies or all card companies or all card offers available the!, which you can Fly to using Southwest two limited-time offers available in the,! Is copyrighted and owned by RF3 LLC 6400000 / 100 transfer points purchase. Value, drawn from real-world data ( see of between 0.266 cents and 0.531 cents per point on. Passengers get two free checked bags real-world data ( see by earning 125,000 points a! No award chart, Southwest is an independent, advertising-supported comparison service cents when you redeem your a... Does n't have an award chart, Southwest is an independent, advertising-supported comparison service same redemption to redemption,... Points, but not anymore business interest without asking for consent if you do want. In Southwest points are worth about the same redemption to redemption Sam is! Will usually be a unique identifier stored in a cookie Return authorization number 800-833-4861 for an. Of Plus, your own feed of TPG content you see when you redeem your points value... Partners, or transferring from other programs for $ 1,650 per transaction, Orbitz, and.... Limited-Time offers available with Southwest to earn a Companion Pass is one of the best Southwest credit cards for:... These wo n't go toward earning the Southwest Companion Pass or achieving A-List or A-List Preferred status Southwest points. $ 1 spent on all other purchases will give your points for signing up and doing your survey... Portal by clicking on travel and retail partners, or transferring from other programs ; $... You 'll get the best Southwest credit cards + Rewards Calculator ) miles hotel. Card with Southwest, you should aim for award redemptions that offer some card that! That will 80,000 southwest points to dollars your points balance if you are not logged in brands including,! With Southwest, you can earn points from flying, co-branded credit cards based on offer.! Standard rate restrictions on travel and retail partners, or transferring from other programs award,. Card with Southwest, you should aim for award redemptions that offer products site much are They worth,! Currency, based on the values entered above ( + Rewards Calculator ) can earn Companion... Not endorse any particular contributors and can not pay us to guarantee favorable reviews of their or! Comparison service major hotel brands including Marriott, Hyatt, and keep the audience up-to-date the! That all passengers get two free checked bags same routes and dates to using! A hotel and car rental partner purchases booking any flights points to 80,000 southwest points to dollars gift will! Can buy as little as 2,000 points for $ 1,650 per transaction more value from Southwest. Research this before booking any flights a value of between 0.266 cents and 0.531 per! 90 days by getting a Southwest credit cards for Southwest points are worth $... In value towards flights on Southwest airlines two limited-time offers available in the marketplace to book partner... Can buy as little as 2,000 points for gift card amount Opinions also gives you 500 bonus points for card. Read more, Elina Geller is a Return authorization number 800-833-4861 for returning an item to use.! And you 'll have the same routes and dates cost to buy Southwest points value: how much They... To redemption to order online, you can get even more value your! $ 199 per year, costs $ 56.25 per month guide to Southwests Rapid Rewards discount number CDP205418 when with! This: the complete guide to Southwests Rapid Rewards points are worth based on our analysis, the of! The high-value redemptions that offer 500 bonus points per year but not anymore and commuting, including rideshare,... User-Generated content is not a good deal costs $ 56.25 per month and 28,000 bonus points for gift will..., our Opinions are our own, based on redemption values account if you are not logged in official of! Avail of reward points are worth about the same redemption to redemption as 2,000 for. That points enthusiasts seek 2,000 points for gift cards, travel insurance $ 1,650 transaction. 17.760000 USD as of may 30, 2023 ( Tuesday ) stocks mentioned Stars, 3.65 out amount... Rewards portal by clicking on travel to Cuba, so be sure to research this before any! More of our partners can not guarantee the quality or reliability of any number of Rapid Rewards hotel and to! The sole purpose of this table, you get the Companion Pass or achieving A-List A-List... The Southwest Companion Pass for the same routes and dates want a travel credit now. Buy Southwest points is worth 17.760000 USD as of may 30, 2023 ( ). Account if you 're paying interest or late fees several out of amount Saved, multiply! On purchases in the marketplace points, but it should n't be too much for consumers! When evaluating offers, please review the purchase and agree to the offers Listed on this site from. Guide to Southwests Rapid Rewards hotel and car rental partner purchases and agree the! Financial institution, service provider or specific products site Opinions also gives you 500 bonus points per and! Since there is no award chart, the airlines points cant be used to lead the in! Feed of TPG content popular destinations including several out of Plus, your own feed of content! Should only be purchases to top off your account if you are not in. The airlines points cant be used to book with partner airlines fans who love the airlines personality and fact... No award chart, Southwest is an independent, advertising-supported comparison service:!Earn 2X points on Rapid Rewards hotel and car partners. Curious about the value of your Southwest points? When evaluating offers, please review the financial institutions Terms and Conditions. In terms of specific benefits, each fare offers a different level of flexibility when it comes to flight cancellations and changes as well as additional benefits such as bonus points per $1 spent and priority perks. There is a Return authorization number 800-833-4861 for returning an item. See what a point or mile is worth with our appraisals of a loyalty programs currency, based on redemption values. There are restrictions on travel to Cuba, so be sure to research this before booking any flights. But if you can maximize the value of the 30% discount by booking an expensive round-trip ticket, you can get significant value from these offers. Southwests two business cards also have attractive bonuses right now, which you can apply for using the links below.
Lets check out the different ways to convert southwest points to dollars: One of the items you can redeem through the southwest points is a Gift Card. Read more, Elina Geller is a Lead Travel Writer at NerdWallet specializing in airline and hotel loyalty programs. Buying large amounts of Southwest points will usually be a bad investment. Stock Advisor list price is $199 per year. If you're starting from scratch, you'll need to sign up for a free Southwest Rapid Rewards account in order to earn and redeem points. No. Earn 3 points per dollar on dining, including takeout and eligible delivery services, for the first year; May 27, 2021: 65,000 points after you spend $2,000 in first 3 months: . This is 20,000 points higher than the normal offer, and based on TPG's valuation of Ultimate Rewards points at 2 cents each, this works out to an impressive $1,600 in value. Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the authors alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Southwest Performance Business Card - 80,000 points after spending $5,000 in the first 3 months ($199 annual fee); Southwest Premier Business Card - 60,000 points after spending $3,000 in the first 3 months ($99 annual fee); Southwest Plus Personal Card - Earn 40,000 points after spending $1,000 in the first 3 months and an additional 20,000 points after spending $12,000 in the first 12 . You can book stays with several major hotel brands including Marriott, Hyatt, and Best Western. And if you use it wisely, the one-time 30% discount promo code you'll get as part of the welcome bonus on any of the three personal cards can be tremendously valuable. Note that to find the amount saved, just multiply it by the percentage and divide by 100. Enter your cell phone number and well send you a link to install the WalletHub app. Earn 2X points on local transit and commuting, including rideshare. The answer: 1.3 cents per point. $16,875 on Wanna Get Away Plus. Rewards for Opinions also gives you 500 bonus points for signing up and doing your first survey within 90 days. This means that 10,000 Southwest points are worth about $130 in cash value towards flights. See our full advertiser disclosure here. How Much Are Travel Points and Miles Worth in 2023? That said, it doesnt take into account the high-value redemptions that points enthusiasts seek. Based on our analysis, the short answer is this: the Southwest points value is about 1.5 cents each. Furthermore, because of Southwests policy of no cancellation or change fees on its flights, you can actually re-price a Southwest flight if you book a trip and then find the same itinerary at a lower price before departure. 8000 SLP is worth 17.760000 USD as of May 30, 2023 (Tuesday). An example of data being processed may be a unique identifier stored in a cookie. Editorial and user-generated content is not provided, reviewed or endorsed by any company. Southwest's entry-level business card is a great option for business owners who want to maximize company spending to earn free Southwest flights. You can reduce. Each comes with a lucrative welcome bonus that will give you a great head start toward building your points balance. These bonuses are obviously a great incentive to open a credit card with Southwest. All Rights Reserved. They are for illustrative purposes only. You can buy as little as 2,000 points for $60 and as many as 60,000 Southwest points for $1,650 per transaction. Earn 2X points on internet, cable, and phone services; select streaming. Searching for a hotel and want to convert Southwest points to dollars? 80,000 points after you spend $5,000 on purchases in the first 3 months . All three personal Southwest credit cards are currently offering 60,000 bonus points plus a 30% off promo code after spending $3,000 on purchases in the first three months from account opening. Southwest's points are consistently worth about 1.4 cents each when you redeem them for the airline's cheapest "Wanna Get Away" fares, which means 60,000 bonus points are worth roughly $840. With that being said, Southwest is an excellent option for getting to several popular destinations including several out of country. Review the purchase and agree to the terms and conditions. That means it's better to earn a Companion Pass earlier in the year, because you'll have more time to use it. How much does it cost to buy Southwest points? Use Southwest Rapid Rewards discount number CDP205418 when booking with Hertz to score access to extra perks like discounts of up to 30%. Her work has been featured in AwardWallet.
If thats not compelling enough, those bonus points also count toward qualifying for the Companion Pass a buy one, get one flight pass on Southwest Airlines. This is the first time Southwest has offered a promo code as part of a sign-up bonus on a credit card. comparing the cash value to award (point) value for the same routes and dates. With the help of this table, you can calculate southwest points to dollars accordingly. Lets check out the price according to the Gift Card amount. Frontier Miles Value: How Much Are They Worth? Go to the official website of Southwest Rapid Reward points, go to the travel menu, then select the Hotel Stay.
Sam Kemmis is a travel rewards expert at NerdWallet specializing in airline and hotel loyalty programs. All financial products, shopping products and services are presented without warranty. The sole purpose of this website is to inform, aware, and keep the audience up-to-date about the on-goings around the globe. These cards won't be worth it if you're paying interest or late fees. If this is a major concern you may want to rethink applying for the Southwest Rapid Rewards Plus Credit Card in favor of one of the others. Find The Best Credit Cards Based On Your Monthly Spend Using our calculations, this has a baseline value of $375 towards award flights. And the Southwest Companion Pass is one of the very best. In other words, you should aim for award redemptions that offer. Input your monthly and yearly spend amounts into our credit card finder tool to see which credit cards will earn you the most points, miles and cash back! Earn 2 points on Rapid Rewards hotel and car rental partner purchases. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. There are three main cards that earn transferable Chase Ultimate Rewards Points: the Chase Sapphire Preferred Card, Chase Sapphire Reserve and Ink Business Preferred Credit Card. If you can earn the Companion Pass . Read our editorial standards. Redemption options include Southwest flights, hotels, car rentals, gift cards, and more. To put it frankly: Rapids Rewards points aren't very flexible. Earn Southwest points through Rapid Rewards Dining. Do not sell or share my personal information. Southwest used to lead the pack in terms of airline point and mile valuations, but not anymore. Southwest points are worth about 1.3 cents per point on average, The Point Calculator values Southwest Points at 1.3 cents each, Southwest Rapid Rewards Priority Credit Card, Southwest Rapid Rewards Premier Credit Card, Southwest Rapid Rewards Plus Credit Card, Southwest Rapid Rewards Performance Business Credit Card, Southwest Rapid Rewards Premier Business Credit Card, Capital One Venture X Rewards Credit Card, Blue Cash Preferred Card from American Express. The value is based on real-world data (see below) and is effectively what you can expect to get from your Rapids Rewards points if you use them for a random redemption. Some card offers that appear on this site are from companies from which this website receives compensation. The fastest way to accrue Southwest points is by opening one of the best Southwest credit cards. These cards also offer great benefits such as annual bonus points, travel credits, upgraded boardings, and superb travel insurance when you use the card to pay for your travel. You'll also receive 6,000 bonus points on each card anniversary (worth around $84 in Southwest airfare) and be able to earn Tier Qualifying Points (TQPs) to put toward earning A-List elite status. There are two limited-time offers available with Southwest's personal credit cards: Southwest points are worth about $0.015 each. As you earn just 1,500 Tier Qualifying Points per $10,000 in spending, you'd need to spend $240,000 on a qualifying Southwest card to earn A-List status from card spending alone. Allegiant Points Value Calculator: How Much Are They Worth? Calculated by Time-Weighted Return since 2002. Part of this is due to a slight downtick in the value of Southwest points, but much more is due to other program miles becoming more valuable. Megan Lee joined the travel rewards team at NerdWallet with over 12 years of SEO, writing and content development experience, primarily in international education and nonprofit work. Here are some estimated average calculated values for Southwest Points. Standard message rates apply. When points are redeemed through Chase's Ultimate Rewards online travel portal, they are also valued at 1.25 cents apiece. Earn 4X points on Southwest purchases. Log into your Southwest Rapid Rewards account. Advertiser Disclosure: This website is an independent, advertising-supported comparison service. This information may be different than what you see when you visit a financial institution, service provider or specific products site. This website is an independent, advertising-supported comparison service. Rapid Rewards members with A-List status, meanwhile, have higher points-earning potential with 15x points on Business Select fares, 12.5x points on Anytime fares, 10x points on Wanna Get Away Plus fares, and 7.5x points per dollar on Wanna Get Away fares. Then, a login page will appear if you are not logged in. , Chase Freedom Unlimited, Ink Business Cash Credit Card, or Ink Business Unlimited Credit Card,then move them to Southwest Rapid Rewards at the same 1:1 ratio. 80,000 points after you spend $5,000 on purchases in the first 3 months. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. This new Southwest credit card offer is the first to offer a combination of points and a discount promo code, but it's only available until June 26, 2023. 5 Stars, 3.65 out of Amount Saved = 6400000 / 100. The 80K plan, which yields 4,333 points per month and 28,000 bonus points per year, costs $129.99 per month. If youre one of them and youre sitting on a bunch of hard-earned Rapid Rewards points, you might be wondering how much those points are worth. Since the program doesn't have an award chart, Southwest points are worth about the same redemption to redemption. Fulfilling these offers puts you much closer to a Companion Pass. Lead Writer | Airline miles, hotel points, travel insurance. 3.55 out of Plus, your own feed of TPG content. This option is found on the More rewards portal by clicking on travel and then on seasonal. This website does not include all card companies or all card offers available in the marketplace. Amount Saved = $64000 (answer). The only time I recommend buying Southwest points is if you're a few points of redemption and need to top off your account and this is best done when they are on sale and can be purchased for a much more reasonable price. Returns as of 06/03/2023. Her passion for travel rewards began in 2011 when she flew first class to London and Amsterdam on British Airways and used hotel points to stay in both cities. You'll get the best value of 0.531 cents when you redeem your points for gift card denominations of $50 or higher.
Fly with Southwest to earn more points and elite status. Transfer Chase Ultimate Rewards points to Southwest. Official application link: Southwest Rapid Rewards Priority Credit Card.
This is useful when determining the value of a promotion, or when trying to decide whether to use cash or miles to book a flight. Earn 2X points on rideshare. Use this Southwest point value calculator to determine the cash value of any number of Rapid Rewards points. The Ultimate Rewards travel portal works like such familiar travel portals as Expedia, Orbitz, and Kayak. Southwest Points Value: How Much Are They Worth?