Chase Ultimate Rewards points can be transferred directly to your Rapid Rewards account at a rate of 1,000 Chase points for 1,000 Southwest points. As far as value goes, points are worth at least 1.3 cents and can be worth roughly 3 cents apiece for certain flights. The More Rewards portal features all of the major car rental companies such as Enterprise, Hertz, and Alamo. Senior Writer | Travel rewards, point and mile valuation, data analysis. Allegiant Points Value Calculator: How Much Are They Worth? Here is a list of our partners. 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.. How Much Are Travel Points and Miles Worth in 2023? With the help of this table, you can calculate southwest points to dollars accordingly. 2x points on local transit and commuting, including rideshare (new) 1 point per dollar on all other purchases. 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 . 8 Southwest secrets to help you travel better 1) You can get a lower price for your ticket, even if it's already booked Again, you probably know about Southwest's fantastic change policies. These points can be redeemed on the next journey as a discount on flight tickets. With that being said, Southwest is an excellent option for getting to several popular destinations including several out of country. Learn More. You can get even higher values if you're flexible. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Join Rapid Rewards Dining and you can earn 3 points per dollar spent at participating restaurants and bars near you you'll only earn 1 point for every 2 dollars spent if you don't sign up to receive emails. Southwest Rapid Rewards Plus credit card review. This is higher than most airline miles. With an annual fee of $69, you'll also earn 2x points on Southwest flights, bookings with Rapid Rewards hotel and car rental partners, local transit and rideshares, and cable, phone, internet, and select streaming services, plus 1 point per dollar for all other purchases. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Using our calculations, this has a baseline value of $375 towards award flights. The Ultimate Rewards travel portal works like such familiar travel portals as Expedia, Orbitz, and Kayak. How much are 25,000 Southwest points worth? Southwest points are worth about 1.3 cents per point on average and they don't fluctuate too much in value like other airline miles. 60,000 points after you spend $3,000 on purchases in the first 3 months your account is open. 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. Earn 3X points on Rapid Rewards hotel and car partners. You cannot buy or receive as a gift more than a total of 60,000 Southwest Points in a calendar year. 10,000 Southwest Points is worth around $130 in value towards flights on Southwest Airlines. Once you qualify, you get the Companion Pass for the rest of the year and the following full calendar year. All financial products, shopping products and services are presented without warranty. However, this does not influence our evaluations. With perks like the highly coveted Southwest Companion Pass, points that never expire, and unlimited award availability, Southwest Rapid Rewards is a solid airline loyalty program thanks to its strong co-branded credit cards and connections to other travel rewards programs like Chase Ultimate Rewards. Do Not Sell or Share My Personal Information. You must be thinking of the value of Southwest Reward Points. The Point Calculator is owned by RF3 LLC. Her work has been featured in AwardWallet. Elina Geller is a Lead Travel Writer at NerdWallet specializing in airline and hotel loyalty programs. Lets discuss everything about the Southwest Credit points and can avail of all the benefits. It's also possible to redeem points earned through participating hotel loyalty programs if you'd rather put them toward flights than hotel stays, though redemption rates are pretty low: Note that World of Hyatt throws in an additional 6,000 Southwest points as long as you're a member, while Marriott Bonvoy adds 5,000 Southwest points for every 60,000 Marriott points transferred. This means that 10,000 Southwest points are worth about $130 in cash value towards flights. The value is consistent across dates and routes (it's hard to find sweet spots). That means 10,000 Southwest points have a value of roughly $133. His work has been featured by The Associated Press, The Points Guy and Fast Company. Lets take a look at the current sign-up bonuses on the Southwest Airlines credit cards. All three of Southwests personal credit cards the Plus, Premier and Priority have identical sign-up bonuses. 5 Stars. Southwest Performance Business credit card review. 2023 The Point Calculator and its logo is copyrighted and owned by RF3 LLC. There is an annual fee . The points you earn on a Southwest credit card can help you get the airline's Companion Pass. Through Thursday, May 25 at 9 a.m. EST, you can earn 80,000 Ultimate Rewards points after you spend $4,000 on purchases in the first three months from account opening. About These Calculators: These calculators are provided to help you estimate the value of points and miles, the calculations of rewards earned with credit cards, and the transfer of rewards between programs. WalletHub editorial content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any company. . You may find a redemption here and there that will give you slightly higher value, but it's not often. There are two limited-time offers available with Southwest's personal credit cards: Southwest points are worth about $0.015 each. Based on our analysis, the short answer is this: the Southwest points value is about 1.5 cents each. We collected hundreds of data points comparing the cash value to award (point) value for the same routes and dates. 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. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. Travel Travelers can get $59 one-way fares on Southwest for a limited time The sale ends June 1. Southwest Rapid Rewards Priority credit card review. You can use your Rapid rewards for a 1-Day ticket booking to Universal Orlando. We'll show you how to figure out what they're worth. It's currently offering a limited-time welcome bonus of 60,000 bonus points plus a 30% off promo code after spending $3,000 on purchases in the first three months from account opening. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. 4 Upgraded Boardings per year when available. 05/28/2023 12:17 AM EDT. Last Call to Get 5% Back on Groceries for a Year With These Chase Cards, 7 Rewards Cards for Supporting Your Favorite Restaurants During Lockdown, Buying a Home? Find The Best Credit Cards Based On Your Monthly Spend Tony Hawk Net Worth, Personal Life, and Accomplishments. Lets check out the price according to the Gift Card amount. 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 . If you can earn the Companion Pass . For most people, this makes it easy to decide to book flights with points because you'll get essentially the same value for your points every time. Opinions, calculators, and other editorial content on this page have not been approved or endorsed by any entities on this site. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicants credit approval. First, you need to be a Rapid . Official application link: Southwest Rapid Rewards Priority Credit Card. The Motley Fool recommends Southwest Airlines. Southwest is one of the favorite and preferred airlines among passengers because of its acceptable policies like free checked baggage, companion pass, and rapid reward points. Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Earn 3X points on Southwest Airlines purchases. (Photo by KGrif/iStock by Getty Images) Southwest points value The number of points needed to book a Southwest Airlines flight depends directly on the advertised fare. If you want to use your southwest reward points in unique ways, click on Shop all and then Experiences. Learn more: Don't just redeem miles redeem them wisely. This website does not include all card companies or all card offers available in the marketplace. Southwest Flights gives their customers reward points for flying. 65,000 Southwest Points is worth around $845 in value towards flights on Southwest Airlines. If you fly Southwest, I highly recommend picking up at least once Southwest credit card as they offer fantastic benefits. Southwest points are easier than most airlines because the cash price of the ticket is directly related to the price of an award flight. Comparing Southwest Points to Dollars with Other Airline Miles 80,000 points after you spend $5,000 on purchases in the first 3 months . Using our calculations, this has a baseline value of $375 towards award flights. You qualify by earning 125,000 points within a calendar year. Earn 2X points on social media and search engine advertising, internet, cable, and phone services and 1X points on all other purchases. Diners Club members can also transfer Club Rewards points to Southwest 1,500 Club Rewards points, for instance, would convert to 1,200 Southwest points. 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. cable, phone services, and select streaming. The value of Southwest points is 1.33 cents per point, on average. There's a higher spending minimum to get 80,000 points, but it shouldn't be too much for most consumers. Original music by Dan Powell , Sophia Lanman , Marion . In general, short-haul flights offer better value. Designated trademarks and brands are the property of their respective owners. How much are 100,000 Southwest points worth? Hosted by Michael Barbaro. Pre-qualified offers are not binding. When points are redeemed through Chase's Ultimate Rewards online travel portal, they are also valued at 1.25 cents apiece. You can earn lots of points via intro bonuses and everyday spending across Southwest credit cards and Chase Ultimate Rewards credit cards. Score bonus points by buying them through Southwest. Market-beating stocks from our award-winning analyst team. The main categories available there are electronics, Fashion, health, beauty, Home Appliances, Kids & babies, sports, and more. This influences which products we write about and where and how the product appears on a page. Credit Cards offered by transfer partners also help in earning a point. Please note that we will calculate any amount of Smooth Love Potions in US Dollars no matter how big is the number you enter, but it will be just that - a calculated number. Produced by . Southwest has unveiled the Rapid Rewards Performance Business card which sets a new bar for Southwest credit card perks. The Point Calculator values Southwest Points at 1.3 cents each. Amount Saved = $64000 (answer). Transfer points from Diners Club or hotel loyalty programs. 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