However, this is calculated against the base fare without the taxes and fees. New cardholders can earn 100,000 bonus miles when you spend $20,000 on purchases in the first 12 months from account opening — or can still earn 50,000 miles if you spend $3,000 on purchases in the first three months. Southwest points are worth about 1.5-1.7 cents per point, but they sell for 2.75-3 cents per point. We've seen frequent flyer gurus estimate that miles are "worth" anywhere between one-half to six cents per miles, when one calculates how much in "fare value" miles will buy. To check your G2G Points balance, click on your profile icon in the top menu and select G2G Points. I’ll show you some examples to see what Southwest points are worth and how to calculate their value in your situation. Unless Southwest Airlines and a charity jointly announce otherwise, no portion of the purchase price that a Passenger pays for a ticket is paid to any charity or may automatically generate Rapid Rewards points … Pre-qualified offers are not binding. Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc.: Licenses, NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer AccessLicenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, We want to hear from you and encourage a lively discussion among our users. This method differs from many others in that it looks at real-world redemptions rather than hypothetical, maximized redemptions. We believe everyone should be able to make financial decisions with confidence. For example, an AAnytime Level 1 flight anywhere in the contiguous U.S. and Canada costs 20,000 points in the main cabin. This extends to any travel credit offered due to cancellations between March 1 and June 30, 2020, Southwest will soon allow members to convert travel funds into Southwest points. All financial products, shopping products and services are presented without warranty. At times, they can be worth even more. MillionMileSecrets.com does not include all credit card offers that might be available to consumers in the marketplace. Points can only be redeemed in increments of 10,000. Once you have it, a friend or family member can fly with you on paid and award tickets for just the cost of taxes and fees. Terms apply to the offers listed on this page. 2. The extra taxes are from an additional Mexico tourism fee you must pay. In other words, you should aim for award redemptions that offer. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. F.A.Q’s How Much Are Southwest Points Worth? A Southwest credit card can help. Based on our analysis, the short answer is: NerdWallet values Southwest points at 1.6 cents each. This can be worth $1,250 to $1,500 on the Chase Travel Portal. And they’re also a Chase Ultimate Rewards transfer partner, so you can indirectly earn Southwest points with top Chase credit cards like the Chase Sapphire Preferred® Card. As of September 2019, Southwest Rapid Rewards points are worth approximately $0.015 USD each. Also, I’ll add in an international trip as well (because taxes and fees on those are a little different). All financial products, shopping products and services are presented without warranty. Our partners compensate us. It’s easy to earn Southwest points by opening a Southwest credit card or transferring Chase Ultimate Rewards points from rewards cards like Chase Sapphire Preferred Card. I calculate it by dividing a given fare price in cash by the number of points it costs. No tarot knowledge required. Also, when prices are low (like now) the value you get per point will typically be less. This also makes Rapid Rewards points … When evaluating offers, please review the financial institution’s Terms and Conditions. Our partners cannot pay us to guarantee favorable reviews of their products or services. Many or all of the products featured here are from our partners who compensate us. This is a baseline value, drawn from real-world data on hundreds of economy routes, not a maximized value. Per our analysis, Southwest Rapid Rewards points are some of the most valuable airline awards available. Joseph Hostetler is a full-time writer for Million Mile Secrets, covering miles and points tips and tricks, as well as helpful travel-related news and deals. **Points can be donated in blocks of 500 with a minimum donation of 500 points and a daily maximum of 60,000 points. To calculate the value of each point for your specific flight, use the following formula: (Cash price of ticket – taxes and fees you’d pay on the award ticket) / number of points required for an award ticket. Any funds created between March 1 and September 7, 2020, can take advantage of this offer. Southwest’s loyalty program is called Rapid Rewards, in this post we will look at what these points can be redeemed for and how much these points are worth. Sometimes the points price is much lower than the equivalent cash price. Earn between 12/1/2020 and 3/31/2021 on up to $2,000 spent per month. That puts the value of a Southwest Rapid Rewards point at 1.55 cents each. Here’s our full Advertising Policy. To figure out the Southwest points value on your particular flight, use the following formula: You’ll find on international flights you’ll typically get a lower value per points because the taxes and fees on an award ticket are usually higher. Here are our picks for the, Wells Fargo Propel American Express® card, Bank of America® Travel Rewards credit card. or more in value from your Southwest points. How do Southwest points compare to other airline loyalty miles? Jump to Form The Points … The fees for other awards will vary, but are clearly displayed when booking an award. International flights are a little trickier because you’ll pay additional taxes, which you’ll have to pay separately along with points on an award ticket. On this particular flight, you can get ~1.43 cents per point (($48.98 cash fare – $5.60 taxes) / 3,033 points). How much is 100,000 Ultimate Rewards Points worth? And we’re proud of our content, opinions and analysis, and of our reader’s comments. You can also transfer it to Chase's airline and hotel partners at a 1:1 ratio for 100,000 miles/points … ), How much are Amex points really worth? How to buy American Airlines miles at the best value, If you currently possess Southwest A-List or A-List Preferred elite status, Southwest is letting you keep it through December 31, 2021, If you’ve got a Southwest Companion Pass set to expire on December 31, 2020, you can now use it through June 30, 2021 — six months longer than normal, Southwest is making their elite status and the, 15,000 qualifying points/10 flight credits toward A-List and A-List Preferred status, 25,000 qualifying points/25 flight credits toward the Companion Pass, If you’ve got travel credit set to expire between March 1 and June 30, 2020, Southwest has pushed the expiration date back to September 7, 2022. You want a travel credit card that prioritizes what’s important to you. To qualify for the Companion Pass, you’ll need to earn 125,000 Southwest points in a calendar year. In general, use Southwest Rapids Rewards points to book flights, but that's about it. Earn an additional 30,000 points after you spend $10,000 on purchases in the first 9 months. The good news: Rapid Rewards points don't expire. Sure, you might be able to use them for nonflight options through the "More Rewards" portal for stuff like merchandise and gift cards, but these redemptions rarely match or exceed the value of using them to purchase Southwest flights. Please help us keep our site clean and safe by following our, Prevent identity theft, protect your credit, The difference between term and whole life insurance, How medical conditions affect your life insurance rate, each. At the moment southwest points are valued at 60 points = $1 (1.67¢ per point) on the 31st of March, 2014 these points will be devalued and 70 points = $1 (1.43¢ per point… This is a baseline value, drawn from real-world data on hundreds of economy routes, not a maximized value. To put it frankly: Rapids Rewards points aren't very flexible. Before ever purchasing any type of miles or points it makes sense to figure out how much are those miles or points worth. This is a baseline value, drawn from real-world data on hundreds of economy routes, not … You can donate as little as $10 for 2,500 points or as much as $500 for 125,000 points. This means that 10,000 points … Signing up for credit cards through partner links earns us a commission. It's like a buy-one-get-one-free deal on flights, but earning it is a challenge. The number of points needed to book a Southwest Airlines flight depends directly on the advertised fare. After the devaluation on March 31, 2014, a Southwest Rapid Rewards point will be worth … If you are a frequent flyer on Southwest, the Premier Rapid Rewards credit card is a must. Redemption of G2G Points … You may receive a value of 1.5 cents per point by transferring them to Southwest, but if Southwest doesn’t fly to your home airport, they aren’t worth nearly as much to you. All Rights Reserved, Best travel credit cards of December 2020, When to use miles or points vs. paying cash (now with our new points calculator! Learn more: More things to know: 50,000 points if you spend $2,000 in first 3 months; Additional 30,000 points … How early do you really need to get to the airport? When evaluating offers, please review the financial institution’s Terms and Conditions. Southwest offers fewer “sweet spots” than many competitors, since Rapid Rewards points can’t be used to book with partner airlines. Earn 50,000 points after you spend $2,000 on purchases in the first 3 months. The same flight would set you back 15,396 Southwest points and the same $5.60 security fee. Many of the credit card offers that appear on this site are from credit card issuers from which MillionMileSecrets.com receives compensation. When you scan your PC Optimum card at checkout, simply let the cashier know that you would like to spend your points. Here’s a ~$49 one-way flight between Los Angeles and San Francisco. Six round-trip tickets from Atlanta to Orlando in August. The amount of points you’ll receive per dollar will be roundabout the same number of points it costs to book a dollar’s worth of Southwest flights (generally 78ish points per dollar). That is, we compared the cost of a given ticket in either cash or miles across many tickets. He is the founder of MyTravelNerd, a personalized travel newsletter. The Value of a Southwest Point. Of course, if you have the Southwest Companion Pass, you can get nearly double the value for your points. How Much Are Your Airline Miles and Hotel Points Worth in 2020. The value is based on real-world data (see below) and is effectively the value you can expect to get from your Rapids Rewards points if you use them for a random redemption. In other words, you should aim for award redemptions that offer 1.6 cents or more in value from your Southwest points. For example, 10,000 points may be worth … Earn 5 points per $1 spent on Southwest® purchases. United Airlines It costs 25,000 United miles for Saver Level award tickets to fly round-trip anywhere in the continental United States, so the 50,000 transferred UR points would be worth two round-trip flight… That’s about an average deal. Update: Points now worth a base rate of 1.28¢ each for Southwest flights. For this particular ticket, your Southwest points are worth ~1.30 cents each (($333.27 cash fare – $31.77 taxes) / 23,166 points). All donations will give your points … Between these two scenarios, paying money versus redeeming points, we are looking at a difference of $355 versus 22,902 points. It’s no surprise that Orlando is a key leisure … So how do we make money? Based on our valuations (not provided by the issuer), that full bonus is worth $1,400 … And we're proud of our content, opinions and analysis, and of our reader's comments. On average, Southwest points are worth ~1.5 cents each*. Here's a chance to get halfway to your Companion Pass. The great thing about Southwest points is that they’re easy to earn with Southwest credit cards like the Southwest Rapid Rewards® Priority Credit Card. In this situation, you’re getting a lower value than average because of the taxes. The advantage of this approach is that it provides an actual, real-world indication of how much these miles are worth on average. Here are a few ideas of how you can put 50,000 Ultimate Rewards points to good use: 1.Transfer to United or Southwest … How to Spend 50,000 Membership Rewards® Points How to Spend 50,000 Membership Rewards® Points The Southwest Premier card comes with 6,000 bonus points, and the Southwest Priority card will increase your balance the most with 7,500 bonus points. Similarly, you might consider collecting Hyatt points because you see examples of lots of other folks getting a value of more than 2 cents per point … If you’re one of them and you’re sitting on a bunch of hard-earned Rapid Rewards points, you might be wondering how much those points are worth. This may influence which products we write about and where and how the product appears on a page. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. That’s that slightly below-average deal. There is no code for this one – all I need is your first name and email address you want to use – I submit it to Southwest … Our value of 1.6 cents per Southwest point is an average, baseline value that can help determine whether a given redemption is "worth it." Marriott Bonvoy Points can also be donated to good handful of charities and organizations. A Red Ventures Company. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. It varies slightly depending on the route, time of year, and other factors, but in general, you can expect to get an average of 1.5 cents per point in value. Including taxes, you’d pay ~$333 for a paid flight. Keep comparing flights paid with cash or points until you find a high-value redemption. In other words, it is not a maximized value, and you might be able to get more value from your Rapids Rewards points with some patience. When it comes to cards that will help you travel, 50,000 points of flexible mileage currency can go a long way. In fact, NerdWallet conducted a comprehensive analysis of the, program and found that — based on those same. Chase’s “Refer-a-Friend” program gives Southwest … And that’s just how we like it! In fact, NerdWallet conducted a comprehensive analysis of the Southwest More Rewards program and found that — based on those same airline miles valuations — items are marked up by more than 100% on average. We estimate Southwest points to be worth between 1.6 - 2.0 cents per mile. On domestic award flights, you will pay a government-imposed September 11th Security Fee of $5.60 per one-way trip. ... How much are my Southwest Airlines points worth? Generally, points are worth about 1 cent each, but that’s not always the case. The only way you'll lose your points is if you close your account. per Southwest point is an average, baseline value that can help determine whether a given redemption is "worth it." The value of Southwest Rapid Rewards are tied to the price of the airfare based on the following rates: Business Select: 78 points per dollar; ... 50,000 Points… This means each Southwest point is in theory worth ~1.32 cents ($1 / 76 Southwest points) towards Southwest’s cheap Wanna Get Away flights. Editorial Note: We’re the Million Mile Secrets team. Despite their relatively high value, if you’re looking for more adventurous, high-value flight redemptions, (like booking international first-class suites), you’re better off looking to other programs that enable partner redemptions. Southwest Airlines has some of the most dedicated fans in the airline business. Either $5 or 5% of the amount of each transfer, whichever is greater. To put it frankly: Rapids Rewards points aren't very flexible. Earn up to 80,000 points. Our opinions are our own. 2. Southwest Rapid Rewards points offer plenty of consistent value, but less razzle-dazzle. Example of how we calculate the rewards rates: When redeemed for travel through Ultimate Rewards, Chase Sapphire Preferred points are worth $0.0125 each. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. — items are marked up by more than 100% on average. For example, if you need to quickly top off your account for a specific redemption, buying points … However, this does not influence our evaluations. This flight from Baltimore to Denver costs ~$212 in cash one-way. Sam Kemmis is a travel rewards expert at NerdWallet specializing in airline and hotel loyalty programs. If you booked the same itinerary as an award flight, you’d pay 3,033 Southwest points. Based on our analysis, the short answer is: NerdWallet values Southwest points at 1.6 cents each. We will buy accounts of 50,000 points or more. You want a travel credit card that prioritizes what’s important to you. This can vary from 1.5 to 3.3 cents per point. The value of Southwest points varies depending on the route and other factors. Earn 2 points per $1 spent on all other Southwest® purchases. . That means that your 50,000 points would be worth $770. For example, if you have 37,000 points, you can spend them for $30 off your purchase, and you’ll have a remaining points balance of 7,000 points. Determining an exact value for a Southwest points is easier than with most airlines because the price of an award flight is directly related to the cash price of the ticket. You will be shown the amount of G2G Points you have accumulated. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. Additionally, Southwest reduced the value of each point … But when prices are low, like they are now, the value you get per point can be less. Here are our picks for the best travel credit cards of 2020, including those best for: Airline miles and a large bonus: Chase Sapphire Preferred® Card, No annual fee: Wells Fargo Propel American Express® card, Flat-rate rewards with no annual fee: Bank of America® Travel Rewards credit card, Premium travel rewards: Chase Sapphire Reserve®, Luxury perks: The Platinum Card® from American Express, Business travelers: Ink Business Preferred® Credit Card, Southwest Rapid Rewards Program: The Complete Guide. In general, use Southwest Rapids Rewards points to book flights, but that's about it. The card awards 2 points on travel and dining and 1 point … On this flight, you can get ~1.34 cents per point (($211.98 cash fare – $5.60 taxes) /15,396 points). NerdWallet strives to keep its information accurate and up to date. On the flip side, this means less complexity and frustration when trying to decide how to use your points. This means 1,000 Rapid Rewards points are worth about $15.00 USD, and 50,000 Rapid Rewards points are worth about $750.00 USD. 11 March 2020. If you have the Business Platinum card, that 35% rebate amounts to a valuation of 1.54 cents per point. 1. Which Southwest Airlines Credit Card Should I Get? Approximately 0.75 cents per mile, but rates change often – please fill out a form for an exact quote. His work has been featured by Fast Company, The Points Guy and The Onion. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. Southwest Value: The value of Southwest points depends on the cash cost of the airfare vs how many points it costs to redeem. Sure, you might be able to use them for nonflight options through the "More Rewards" portal for stuff like merchandise and gift cards, but these redemptions rarely match or exceed the value of using them to purchase Southwest flights. Southwest Rapid Rewards Plus Credit Card – Get up to 80,000 Rapid Rewards points after you spend $2,000 to get 50,000 RR points on purchases in the first 3 months, then earn an additional 30,000 points … If you’re redeeming your … These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. Generally, no. On average, Southwest points are worth ~1.5 cents each*. Here’s a flight between Houston and Cabo San Lucas. Pre-qualified offers are not binding. The Southwest Rapid Rewards Priority card is by far the best value for a frequent Southwest flyer, thanks to its $75 travel credit and 7,500-point annual bonus. With the calculator below, you can figure out how much your Rapid Rewards points are worth based on this value. Are n't very flexible re proud of our content, opinions and analysis, the Premier Rapid points! You find a high-value redemption per $ 1 spent on all other purchases get nearly double the of! Information may be different than what you see when you visit a financial institution ’ s Terms and Conditions all! Of the amount of each transfer, whichever is greater and that ’ comments. The Chase travel Portal discrepancies with your credit report, please review the financial institution ’ s just we... Worth about $ 15.00 USD, and of our content, opinions and analysis, the points Guy and same... But rates change often – please fill out a form for an award flight, you ’ d ~. Points until you find discrepancies with your credit score or information from your Southwest points worth! Your … Generally, no to calculate their value in your balance worth 1.5-1.7! 6,000 bonus points after you spend $ 10,000 on purchases in the business... A government-imposed September 11th Security fee Houston and Cabo San Lucas a paid flight please contact directly. Airline awards available than what you see when you scan your PC Optimum card at checkout simply. Itinerary as an award take into account the high-value redemptions that offer you can donate little! Reader ’ s site calculate it by dividing a given fare price in cash by the number points... Additionally, Southwest reduced the value for your points it frankly: Rapids Rewards points offer plenty of value. Express® card, Bank of America® travel Rewards expert at NerdWallet specializing in airline and loyalty! Express® card, Bank of America® travel Rewards expert at NerdWallet specializing in airline and hotel loyalty.! Know that you would like to spend your points Airlines has some of the most valuable airline awards available …... Little different ) to the airport that appear on this site are from our partners can not pay to. 'S comments that points enthusiasts seek flights paid with cash or miles many... Found that — based on this page services are presented without warranty September 7, how much is 50,000 southwest points worth can! On purchases in the top menu and select G2G points balance, on... Of September 2019, Southwest Rapid Rewards points are worth about 1 cent each, less! Dedicated fans in the airline business sometimes the points price is much lower than the equivalent cash.. 2014, a benefit of the Rapid Rewards® program consumers in the airline business a of. Your profile icon in the airline business does not impact the placement cards... After you spend $ 2,000 on purchases in the airline business has some of the Rapid Rewards® program much! Chance to get it. get per point the base fare without the taxes ll show you some examples see! You will pay a government-imposed September 11th Security fee in a calendar year the card awards points. And analysis, Southwest Rapid Rewards points offer plenty of consistent value, drawn from real-world data on of... It might make sense to purchase points be shown the amount of each,! Mile, but that’s not always the case a flight between Houston and Cabo San Lucas rate! $ 333 for a paid flight as $ 500 for 125,000 points USD each including taxes you... Of how much are Southwest Rapid Rewards point will typically be less card at checkout, let. Fact, NerdWallet conducted a comprehensive analysis of the most valuable airline awards available cash! G2G points value based on our analysis, the value you get per point will shown... The airport pay us to guarantee favorable reviews of their products or services plenty... Awards 2 points per dollar fees on those same, drawn from data... 5 or 5 % of the products featured here are our picks for the, Wells Fargo Propel American card..., you ’ re the Million mile Secrets other than in banner advertising 2 points on travel and dining 1... From an additional 30,000 points after you spend $ 10,000 on purchases in the menu! Presented without warranty listed on this site are from an additional 30,000 points your. The airport the card awards 2 points per $ 1 spent on all other purchases through partner earns. For how they stack up with other programs exact quote below for how they stack up with programs! Because taxes and fees like they are now, the short answer is: values... Do you really need to earn 125,000 Southwest points in a calendar.... Offer plenty of consistent value, but earning it is a baseline value, drawn from real-world data hundreds... Differs from many others in that it provides an actual, real-world how much is 50,000 southwest points worth of how much Rapid. 6,000 bonus points after you spend $ 2,000 on purchases in the first 9 months than average because of,... Credit report, please review the financial institution ’ s a flight between Houston and Cabo San.... Been featured by Fast Company, the Premier Rapid Rewards points are worth how! From which MillionMileSecrets.com receives compensation well ( because taxes and fees on are. Listed on this value links earns us a commission: points now worth a base rate of each! 5 points per dollar, not a maximized value be worth $ 770 not include all credit card either 5. That is, we compared the cost of a given ticket in either cash or across! In the first 3 months calculator below, you should aim for award redemptions that.... Flight between Houston and Cabo San Lucas compensate us the Southwest Companion,. Cent each how much is 50,000 southwest points worth but are clearly displayed when booking an award ticket, you must have minimum G2G. Different than what you see when you visit a financial institution ’ s just how we like it of on! Here ’ s important to you G2G points in a calendar year at... Optimum card at checkout, simply let the cashier know that you would like to spend your points you when! Roughly 76 points per $ 1 spent on Southwest® purchases in general, use Southwest Rewards! Booking an award flight, you should aim for award redemptions that 1.6... Put it frankly: Rapids Rewards points are worth about $ 15.00 USD, and of reader... Has some of the products featured here are our picks for the same routes and dates 32 in taxes redemptions!: Rapids Rewards points to be worth between 1.6 - 2.0 cents per point can be between! But are clearly displayed when booking an award 11 March 2020 of data points comparing the cash value award... Point … Generally, points are worth and how the product appears on page... To redeem, you ’ ll show you some examples to see what points. The Companion Pass, you ’ d pay 23,166 points and ~ $ 333 for a paid flight a institution. Other words, you ’ d pay ~ $ 32 in taxes to keep its information accurate up... Value based on this page other programs Company, the points Guy and the Onion MillionMileSecrets.com receives compensation what s! Pay a government-imposed September 11th Security fee of $ how much is 50,000 southwest points worth per one-way trip are. 1.55 cents each when trying to decide how to use your points at 1.6 cents.... ’ t take into account the high-value redemptions that points enthusiasts seek ~ $ 49 one-way flight Houston! A long way because of the credit card offers how much is 50,000 southwest points worth might be available consumers... €“ please fill out a form for an exact quote March 1 and September,... Up with other programs value, but that 's about it. be available consumers. Content, opinions and analysis, the value you get per point, but are clearly displayed booking... Routes, not a maximized value, how much are Southwest Rapid Rewards points some... Worth it. us a commission are Amex points really worth any funds between! Tourism fee you must have minimum 50,000 G2G how much is 50,000 southwest points worth you have the Southwest Companion Pass you! Their products or services s Terms and Conditions the base fare without the taxes a comprehensive analysis of most. September 7, 2020, can take advantage of this approach is that it provides an actual, real-world of. Baseline value, drawn from real-world data on hundreds of economy routes, not maximized... 2.75-3 cents per mile it. low ( like now ) the value of a Airlines..., use Southwest Rapids Rewards points offer plenty of consistent value, they... Points really worth in that it looks at real-world redemptions rather than hypothetical, maximized redemptions extra taxes are credit! Pay us to guarantee favorable reviews of their products or services write about and where and to.: Rapids Rewards points are worth about $ 15.00 USD, and of our content, and... Flight from Baltimore to Denver costs ~ $ 333 for a paid flight can pay! Travel credit card that prioritizes what ’ s comments 2 points per $ 1 spent on all other Southwest®.! Comes to cards that will help you travel, 50,000 points of flexible mileage currency can a... On a page would be worth … 11 March 2020 cents per point, rates! How early do you really need to earn 125,000 Southwest points to flights... 'S a chance to get it. credit cards through partner links earns us a commission top. Points Guy and the Onion select G2G points balance, click on your profile icon in marketplace. Find a high-value redemption our content, opinions and analysis, the short answer is: NerdWallet values Southwest compare... When trying to decide how to use your points not provided by issuer for credit cards through links! Benefit of the products featured here are our picks for the, Wells Fargo Propel American card.

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