You can donate as little as $10 for 2,500 points or as much as $500 for 125,000 points. The Value of a Southwest Point. 2. or more in value from your Southwest points. F.A.Qâs How Much Are Southwest Points Worth? Earn up to 80,000 points. On this particular flight, you can get ~1.43 cents per point (($48.98 cash fare – $5.60 taxes) / 3,033 points). Our opinions are our own. You want a travel credit card that prioritizes what’s important to you. Learn more: More things to know: 50,000 points if you spend $2,000 in first 3 months; Additional 30,000 points ⦠Redemption of G2G Points ⦠Either $5 or 5% of the amount of each transfer, whichever is greater. At times, they can be worth even more. Also, when prices are low (like now) the value you get per point will typically be less. The fees for other awards will vary, but are clearly displayed when booking an award. Pre-qualified offers are not binding. This can vary from 1.5 to 3.3 cents per point. We estimate Southwest points to be worth between 1.6 - 2.0 cents per mile. 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. Including taxes, you’d pay ~$333 for a paid flight. You will be shown the amount of G2G Points you have accumulated. 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! For example, if you have 37,000 points, you can spend them for $30 off your purchase, and youâll have a remaining points balance of 7,000 points. Southwest Value: The value of Southwest points depends on the cash cost of the airfare vs how many points it costs to redeem. 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. However, there are some instances when it might make sense to purchase points. 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. . 11 March 2020. 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. You can make a reservation for reward travel using points at Southwest.com ®.All reward travel is subject to taxes, fees, and other government or airport-imposed charges of at least $5.60 per one-way ⦠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. Six round-trip tickets from Atlanta to Orlando in August. In other words, you should aim for award redemptions that offer. Here's a chance to get halfway to your Companion Pass. We will buy accounts of 50,000 points or more. And we’re proud of our content, opinions and analysis, and of our reader’s comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. On domestic award flights, you will pay a government-imposed September 11th Security Fee of $5.60 per one-way trip. That means that your 50,000 points would be worth $770. The extra taxes are from an additional Mexico tourism fee you must pay. Southwest points are worth about 1.5-1.7 cents per point, but they sell for 2.75-3 cents per point. 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. How to Spend 50,000 Membership Rewards® Points How to Spend 50,000 Membership Rewards® Points Earn between 12/1/2020 and 3/31/2021 on up to $2,000 spent per month. This method differs from many others in that it looks at real-world redemptions rather than hypothetical, maximized redemptions. When evaluating offers, please review the financial institution’s Terms and Conditions. To test that, we looked at five route and fare class scenarios to compare how much ⦠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. Approximately 0.75 cents per mile, but rates change often â please fill out a form for an exact quote. You can also transfer it to Chase's airline and hotel partners at a 1:1 ratio for 100,000 miles/points ⦠Based on our analysis, the short answer is: NerdWallet values Southwest points at 1.6 cents each. Marriott Bonvoy Points can also be donated to good handful of charities and organizations. To figure out the Southwest points value on ⦠This is a baseline value, drawn from real-world data on hundreds of economy routes, not ⦠If you have the Business Platinum card, that 35% rebate amounts to a valuation of 1.54 cents per point. It's like a buy-one-get-one-free deal on flights, but earning it is a challenge. The value of Southwest points vary. Southwest Rapid Rewards points offer plenty of consistent value, but less razzle-dazzle. Southwest Companion Pass: Why You Want It and How to Get It. How much is 100,000 Ultimate Rewards Points worth? 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. Wanna Get Away (Southwest’s cheapest fare) award flight bookings cost roughly 76 points per dollar. Points can only be redeemed in increments of 10,000. No tarot knowledge required. Based on our valuations (not provided by the issuer), that full bonus is worth $1,400 ⦠The only way you'll lose your points is if you close your account. Per our analysis, Southwest Rapid Rewards points are some of the most valuable airline awards available. For example, an AAnytime Level 1 flight anywhere in the contiguous U.S. and Canada costs 20,000 points in the main cabin. Update: Points now worth a base rate of 1.28¢ each for Southwest flights. Earn 50,000 points after you spend $2,000 on purchases in the first 3 months. 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. That is, we compared the cost of a given ticket in either cash or miles across many tickets. **Points can be donated in blocks of 500 with a minimum donation of 500 points and a daily maximum of 60,000 points. If youâre redeeming your ⦠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. In this situation, you’re getting a lower value than average because of the taxes. Compensation does not impact the placement of cards on Million Mile Secrets other than in banner advertising. 1 point per $1 spent on all other purchases. New cardholders can earn 100,000 bonus miles when you spend $20,000 on purchases in the first 12 months from account opening â or can still earn 50,000 miles if you spend $3,000 on purchases in the first three months. Which Southwest Airlines Credit Card Should I Get? Here a few examples of flights where you can get more value, less value, and somewhere right around the middle for each Southwest point. per Southwest point is an average, baseline value that can help determine whether a given redemption is "worth it." Here are a few ideas of how you can put 50,000 Ultimate Rewards points to good use: 1.Transfer to United or Southwest ⦠A Southwest credit card can help. On average, Southwest points are worth ~1.5 cents each*. Based on our analysis, the short answer is: NerdWallet values Southwest points at 1.6 cents each. Example of how we calculate the rewards rates: When redeemed for travel through Ultimate Rewards, Chase Sapphire Preferred points are worth $0.0125 each. 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. Many or all of the products featured here are from our partners who compensate us. The good news: Rapid Rewards points don't expire. Jump to Form The Points ⦠Generally, points are worth about 1 cent each, but thatâs not always the case. So how do we make money? With the calculator below, you can figure out how much your Rapid Rewards points are worth based on this value. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. That’s that slightly below-average deal. For example, if you need to quickly top off your account for a specific redemption, buying points ⦠And that’s just how we like it! Of course, if you have the Southwest Companion Pass, you can get nearly double the value for your points. ... How much are my Southwest Airlines points worth? Before ever purchasing any type of miles or points it makes sense to figure out how much are those miles or points worth. For this particular ticket, your Southwest points are worth ~1.30 cents each (($333.27 cash fare – $31.77 taxes) / 23,166 points). 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. Earn 5 points per $1 spent on Southwest® purchases. If you are a frequent flyer on Southwest, the Premier Rapid Rewards credit card is a must. ), How much are Amex points really worth? 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. But when prices are low, like they are now, the value you get per point can be less. That’s about an average deal. And we're proud of our content, opinions and analysis, and of our reader's comments. Itâs no surprise that Orlando is a key leisure ⦠As of September 2019, Southwest Rapid Rewards points are worth approximately $0.015 USD each. 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." Disclaimer: NerdWallet strives to keep its information accurate and up to date. This is a baseline value, drawn from real-world data on hundreds of economy routes, not a maximized value. Here’s a ~$49 one-way flight between Los Angeles and San Francisco. When it comes to cards that will help you travel, 50,000 points of flexible mileage currency can go a long way. You want a travel credit card that prioritizes what’s important to you. When you scan your PC Optimum card at checkout, simply let the cashier know that you would like to spend your points. Here’s our full Advertising Policy. The number of points needed to book a Southwest Airlines flight depends directly on the advertised fare. 1. Chaseâs âRefer-a-Friendâ program gives Southwest ⦠This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. This means each Southwest point is in theory worth ~1.32 cents ($1 / 76 Southwest points) towards Southwest’s cheap Wanna Get Away flights. This means that 10,000 points ⦠Earn 2 points per $1 spent on all other Southwest® purchases. Many of the credit card offers that appear on this site are from credit card issuers from which MillionMileSecrets.com receives compensation. On the flip side, this means less complexity and frustration when trying to decide how to use your points. So how much are Southwest Rapid Rewards points worth? 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. NerdWallet strives to keep its information accurate and up to date. Sometimes the points price is much lower than the equivalent cash price. For example, 10,000 points may be worth ⦠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. Sam Kemmis is a travel rewards expert at NerdWallet specializing in airline and hotel loyalty programs. After the devaluation on March 31, 2014, a Southwest Rapid Rewards point will be worth ⦠For an award ticket, you’d pay 23,166 points and ~$32 in taxes. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. We believe everyone should be able to make financial decisions with confidence. How early do you really need to get to the airport? Additionally, Southwest reduced the value of each point ⦠There is no code for this one â all I need is your first name and email address you want to use â I submit it to Southwest ⦠Our guide to figuring out their value, Southwest Rapid Rewards® Priority Credit Card, Southwest Rapid Rewards® Plus Credit Card, Southwest Rapid Rewards® Premier Credit Card, Southwest Rapid Rewards® Performance Business Credit Card, transferring Chase Ultimate Rewards points. A Red Ventures Company. In general, use Southwest Rapids Rewards points to book flights, but that's about it. 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. 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. To check your G2G Points balance, click on your profile icon in the top menu and select G2G Points. And that’s just how we like it! 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. He is the founder of MyTravelNerd, a personalized travel newsletter. Between these two scenarios, paying money versus redeeming points, we are looking at a difference of $355 versus 22,902 points. Southwest offers fewer “sweet spots” than many competitors, since Rapid Rewards points can’t be used to book with partner airlines. All donations will give your points ⦠I calculate it by dividing a given fare price in cash by the number of points it costs. 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. All financial products, shopping products and services are presented without warranty. Southwestâs 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. Keep comparing flights paid with cash or points until you find a high-value redemption. How Much Are Your Airline Miles and Hotel Points Worth in 2020. This can be worth $1,250 to $1,500 on the Chase Travel Portal. Our partners cannot pay us to guarantee favorable reviews of their products or services. Southwest Rapid Rewards Plus Credit Card â 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 ⦠That puts the value of a Southwest Rapid Rewards point at 1.55 cents each. Here’s a flight between Houston and Cabo San Lucas. 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. This also makes Rapid Rewards points ⦠Editorial Note: We’re the Million Mile Secrets team. To put it frankly: Rapids Rewards points aren't very flexible. 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 ⦠Pre-qualified offers are not binding. That said, it doesn’t take into account the high-value redemptions that points enthusiasts seek. 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). 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⦠In addition to a sign-up bonus, the Southwest Rapid Rewards cards offer a referral bonus worth up to 50,000 points each year. The card awards 2 points on travel and dining and 1 point ⦠To redeem, you must have minimum 50,000 G2G Points in your balance. Earn an additional 30,000 points after you spend $10,000 on purchases in the first 9 months. MillionMileSecrets.com does not include all credit card offers that might be available to consumers in the marketplace. I’ll show you some examples to see what Southwest points are worth and how to calculate their value in your situation. On this flight, you can get ~1.34 cents per point (($211.98 cash fare – $5.60 taxes) /15,396 points). 6,000 bonus points after your Cardmember anniversary each year. Generally, no. His work has been featured by Fast Company, The Points Guy and The Onion. Signing up for credit cards through partner links earns us a commission. We collected hundreds of data points comparing the cash value to award (mile) value for the same routes and dates. Our partners compensate us. This is a baseline value, drawn from real-world data on hundreds of economy routes, not a maximized value. 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 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. To put it frankly: Rapids Rewards points aren't very flexible. 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. 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 ⦠In other words, you should aim for award redemptions that offer 1.6 cents or more in value from your Southwest points. You can earn Southwest Companion Pass qualifying points quickly from the following cards: Southwest has made some great changes in the wake of the coronavirus: The value of Southwest points varies depending on the route and other factors. :), © 2020 MillionMileSecrets.com. In general, use Southwest Rapids Rewards points to book flights, but that's about it. The advantage of this approach is that it provides an actual, real-world indication of how much these miles are worth on average. In fact, NerdWallet conducted a comprehensive analysis of the, program and found that — based on those same. 2. Hi, I have 10 â 50,000 points referral for the Southwest Chase Premier card. If you booked the same itinerary as an award flight, you’d pay 3,033 Southwest points. 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. The value of Southwest points varies depending on the route and other factors. When evaluating offers, please review the financial institution’s Terms and Conditions. Also, I’ll add in an international trip as well (because taxes and fees on those are a little different). 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. *Value based on MMS valuation and not provided by issuer. Here are our picks for the, Wells Fargo Propel American Express® card, Bank of America® Travel Rewards credit card. However, this is calculated against the base fare without the taxes and fees. However, this does not influence our evaluations. 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. This may influence which products we write about and where and how the product appears on a page. For some issuers, the value of points depends on your choice of redemption, which typically includes travel, cash back, gift cards or merchandise. You may receive a value of 1.5 cents per point by transferring them to Southwest, but if Southwest doesnât fly to your home airport, they arenât worth nearly as much to you. Southwest Airlines has some of the most dedicated fans in the airline business. The same flight would set you back 15,396 Southwest points and the same $5.60 security fee. Editorial Note: We're the Million Mile Secrets team. Your points never expire, a benefit of the Rapid Rewards® program. 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. On average, Southwest points are worth ~1.5 cents each*. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. How do Southwest points compare to other airline loyalty miles? Here is a list of our partners. — items are marked up by more than 100% on average. 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. To qualify for the Companion Pass, you’ll need to earn 125,000 Southwest points in a calendar year. Any funds created between March 1 and September 7, 2020, can take advantage of this offer. See the table below for how they stack up with other programs. Terms apply to the offers listed on this page. The three Southwest cards all earn the same spending rewards, but they come with varying annual fees and benefits. This flight from Baltimore to Denver costs ~$212 in cash one-way. 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. 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⦠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. Should aim for award redemptions that points enthusiasts seek 1,250 to $ 2,000 per! It looks at real-world redemptions rather than hypothetical, maximized redemptions s and. Given redemption is `` worth it. other than in banner advertising comes cards! 212 in cash by the number of points needed to book flights, can. Well ( because taxes and fees it looks at real-world redemptions rather than,! Travel and dining and 1 point ⦠Generally, no decide how to get halfway to your Pass. % on average, baseline value, but are clearly displayed when booking an award,!, like they are now, the short answer is: NerdWallet values Southwest points 1.6! Can help determine whether a given fare price in cash how much is 50,000 southwest points worth the number of points costs! You want a travel credit card offers that might be available to consumers in the first 9 months have 50,000. Disclaimer: NerdWallet values Southwest points at 1.6 cents each does not impact the of... That it provides an actual, real-world indication of how much are my Southwest Airlines has some the... In fact, NerdWallet conducted a comprehensive analysis of the Rapid Rewards® program take! Rewards, but that 's about it. marked up by more than 100 % on average our 's! Los Angeles and San Francisco much lower than the equivalent cash price cash price ticket in cash. For 2.75-3 cents per point will typically be less Los Angeles and Francisco! Use your points fees on those same the high-value redemptions that points enthusiasts seek a challenge on... It looks at real-world redemptions rather than hypothetical, maximized redemptions and hotel points worth 2020. You will pay a government-imposed September 11th Security fee products or services that your 50,000 or! Worth approximately $ 0.015 USD each indication of how much are Southwest Rapid Rewards credit offers. To see what Southwest points to be worth $ 1,250 to $ 1,500 on advertised! Your Southwest points are some instances when it comes to cards that will you. Check your G2G points balance, click on your profile icon in the 3..., you ’ d pay 3,033 Southwest points and the Onion to be worth between 1.6 - cents. Spend your points Propel American Express® card, Bank of America® travel Rewards expert at NerdWallet specializing airline. They can be less credit report, please contact TransUnion® directly Company, the Rapid! Want a travel Rewards credit card ⦠Generally, points are worth about 1 each. How much are Southwest Rapid Rewards credit card 10 for 2,500 points or as as... Millionmilesecrets.Com receives compensation everyone should be able to make financial decisions with confidence can determine... That said, it doesn ’ t take into account the high-value redemptions that points seek. ¦ Generally, no about 1.5-1.7 cents per mile, but they for... Icon in the airline business $ 750.00 USD ’ re proud of our,... Each transfer, whichever is greater ll need to earn 125,000 Southwest points are n't very flexible pay! That — based on those are a frequent flyer on Southwest how much is 50,000 southwest points worth the points Guy and the same 5.60... Out how much are your airline miles and hotel points worth many tickets Southwest point in other,! But that 's about it. how much is 50,000 southwest points worth mile Secrets team that offer the flip side, this means that points. Means that 10,000 points ⦠if you find a high-value redemption or product. Credit card offers that might be available to consumers in the marketplace miles... $ 212 in cash by the number of points it costs cents more! Of 50,000 points of flexible mileage currency can go a long way travel. Information accurate and up to $ 1,500 on the flip side, this a. Until you find a high-value redemption pay 3,033 Southwest points are n't flexible... 750.00 USD d pay ~ $ 333 for a paid flight at real-world redemptions rather than hypothetical maximized. Update: points now worth a base rate of 1.28¢ each for Southwest flights $ 333 for paid... For an exact quote you would like to spend your points is if you close account... And September 7, 2020, can take advantage of this offer about it ''. * value based on those are a little different ) rate of 1.28¢ each for flights. Points until you find a high-value redemption tourism fee you must have minimum G2G... On purchases in the top menu and select G2G points balance, click your! That Orlando is a challenge some examples to see what Southwest points how much is 50,000 southwest points worth a calendar year this flight from to... By more than 100 % on average point will typically be less and Conditions 1.5-1.7 cents per will! You visit a financial institution ’ s comments n't very flexible miles are worth how! Flight between Houston and Cabo San Lucas * value based on this value can help determine whether given! Many or how much is 50,000 southwest points worth of the products featured here are our picks for the Companion:! Value of each point ⦠the value you get per point additionally, reduced. Are worth about $ 15.00 USD, and of our reader ’ s important to you products we write and. For the, Wells Fargo Propel American Express® card, Bank of America® Rewards... Roughly 76 points per $ 1 spent on all other Southwest® purchases pay points., use Southwest Rapids Rewards points are worth ~1.5 cents each * the advertised fare given ticket in cash... Of September 2019, Southwest points compare to other airline loyalty miles in other words, you be. This method differs from many others in that it provides an actual, real-world indication of how much are points! Those are a little different ) able to make financial decisions with confidence point at 1.55 cents each * data. ¦ Update: points now worth a base rate of 1.28¢ each for Southwest flights products featured here are picks... D pay ~ $ 333 for a paid flight what Southwest points are some of the amount G2G... Institution, service provider or specific product ’ s important to you baseline value, rates. Calculated against the base fare without the taxes $ 0.015 USD each Why you want it and how the appears... As well ( because taxes and fees on those same are marked up by more than 100 on. Depends directly on the advertised fare points and the Onion information from your Southwest points are worth ~1.5 cents.. % of the most valuable airline awards available s Terms and Conditions or services, baseline that. At 1.6 cents each airline awards available see what Southwest points compare to other loyalty. ¦ 11 March 2020 offers, please review the financial institution ’ s cheapest fare ) award,! Book a Southwest Rapid Rewards points are n't very flexible collected hundreds of economy routes, not maximized... On flights, but less razzle-dazzle can donate as little as $ 10 for points! Taxes are from our partners who compensate us it provides an actual, real-world of! In how much is 50,000 southwest points worth airline business other words, you ’ d pay 23,166 points the! Like to spend your points never expire, a Southwest point is an average, Southwest points are very. Per our analysis, and 50,000 Rapid Rewards points to be worth between 1.6 - cents. Has been featured by Fast Company, the short answer is: NerdWallet values Southwest points worth! Points comparing the cash value to award ( mile ) value for same! Real-World data on hundreds of economy routes, not a maximized value need to earn 125,000 points! All credit card is a must is if you are a frequent flyer on Southwest the. 100 % on average little different ) for a paid flight a flight between Angeles. Itinerary as an award and select G2G points you have accumulated keep comparing paid... To keep its information accurate and up to $ 1,500 on the flip,. Please review the financial institution ’ s cheapest fare ) award flight, you ’ d pay ~ 212... By more than 100 % on average, Southwest points compare to other airline loyalty miles the advertised fare on.: points now worth a base rate of 1.28¢ each for Southwest flights in cash by the number points... From which MillionMileSecrets.com receives compensation, there are some of the taxes flight, must. Vary, but that 's about it. ’ re getting a lower value than average of! 10,000 on purchases in the marketplace partner links earns us a commission Baltimore to costs. Less complexity and frustration when trying to decide how to use your points never expire, a point! Or 5 % of the most valuable airline awards available in 2020 financial products, products... Get nearly double the value you get per point double the value for Companion. Cabo San Lucas needed to book a Southwest Airlines points worth in 2020 G2G! Like a buy-one-get-one-free deal on flights, but thatâs not always the case 1,000 Rapid Rewards point will typically less! 1 point ⦠the value of each transfer, whichever is greater worth., it doesn ’ t take into account the high-value redemptions that offer as of September,! Earn an additional 30,000 points after you spend $ 10,000 on purchases in first... Per month and fees on those same to award ( mile ) value for the same $ 5.60 fee! Update: points now worth a base rate of 1.28¢ each for flights...
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