If youre like many other would-be travelers, youre probably not certain when youll travel again. Then, look for flights based on your travel dates and fares. Select the travel fund that you would like to convert into Southwest Points and click on the "Convert to Points" button. You'll get the latest news, information, and promotional offers from Southwest all in one sweet email. Southwest Airlines is a popular domestic carrier that offers a unique points-based reward system. Can you use travel funds to purchase points? Southwest Airlines is an excellent value for American travelers who mainly fly within the U.S. The cash price of this ticket is $148. If you don't use all of the travel funds for the reservation, any remaining balance remains for future use. You'll see the link at the top of your Southwest account after signing-in. That person would have to book their own flight using the travel fund, though. Those Members who have travel funds that are set to expire or funds that are created between March 1, 2020, and September 7, 2020, will have the option to convert those travel funds into Rapid Rewards points at the same rate you would be able to purchase a ticket with points today. Co-branded Rapid Rewards credit cardholders may redeem them for other rewards too. These points can then be redeemed for free flights, hotel stays, or other rewards. So how do we make money? If youre looking to purchase a ticket for someone else, you can use travel funds to buy a ticket from Southwest. To convert your travel funds to points, youll need to create a Southwest Rapid Rewards account. See the FAQ below for information about reimbursement consideration for interim expenses. How Much Are Travel Points and Miles Worth in 2023? left: 467px !important; Qualifying for a Companion Pass allows you to earn up to double the value of your Rapid Rewards points. Join Rapid Rewards to earn points you can use for any seat, any time. Elina's work has been featured by AwardWallet. Signing up for a Rapid Rewards account is free to do. Purchased points have never been Companion Pass Qualifying (CPQP) or Tier Qualifying (TQP), and I very much suspect that converted points will not be as well. So be sure to check the Southwest website for more information. You need to click on "View Details" to see the balance of the individual travel fund reservations. Twitter: . New cardholders may earn bonus points by meeting a spend-based requirement. Finally, they must agree to the terms and conditions and submit the request. Disclaimer: NerdWallet strives to keep its information accurate and up to date. All Customers who traveled from December 24, 2022 through January 2, 2023 may rebook in the original class of service or travel standby (within 30 days of the original date of travel between the original city-pairs and in accordance with our accommodation procedures) without paying additional charges. A Companion Pass remains valid through the course of the year in which you earn it as well as the following calendar year. Again, make sure you check the terms and conditions of the program you are interested in before you make a purchase. Rewards. Her work has been featured in AwardWallet. If you receive 1.5 cents per point, they are worth $600. For example, you might be better off booking a Southwest flight through the Chase Ultimate Rewards platform instead of transferring your Ultimate Rewards points to the Rapid Rewards program and then using them for a Southwest flight. Others allow you to use a combination of cash and travel funds. font-weight: bold; Additionally, you cannot redeem points if you have any pending travel reservations. However, members can redeem their points for a variety of rewards, including flights, hotel stays, and gift cards. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Once boarding numbers are assigned to A-List and other Early Bird passengers at 36 hours before departure, you can no longer buy Southwest Early Bird check-in. Yes, you can use your travel funds to purchase points on Southwest. } How much are 30,000 Rapid Rewards points worth? However, the conversion rate may change, so be sure to check the Southwest website for updated information. html[lang="es"] div.footer div.flex-placement > b:nth-child(7) { Once you move up the membership ladder, you earn bonus points. 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. Opens new window. Here's what you need to know about the process. Flexibility, point transfers and a large bonus: Bank of America Travel Rewards credit card. } Elina Geller is a Lead Travel Writer at NerdWallet specializing in airline and hotel loyalty programs and travel insurance. The answers are correct . They would be worth $1,200 if you get a value of 1.5 cents per point. Once you have an account, you can log in and access the My Account page. External site which may or may not meet accessibility guidelines. You can findSouthwest gift cards at many grocery stores, which allows you to take advantage of grocery store bonuses that come with the best grocery credit cards. Eligible in-store purchases earn points too. The email from Southwest will also include your Customer ID, which you will need to access your payment. This is a question that many travelers ask. * Sign me up **Points don't expire as long as you have flight-earning or partner-earning activity at least once every 24 months. Read more, Elina Geller is a Lead Travel Writer at NerdWallet specializing in airline and hotel loyalty programs. We believe everyone should be able to make financial decisions with confidence. If you choose to use your travel funds, you will not need to pay the taxes and fees, but you will need to pay a service fee of $5.00 per person. Home Travel How To Use Travel Funds In Southwest For Miles Purchase. The number of points you earn depends on the actual cost of a ticket and not the distance your flight covers. Can you use Southwest travel funds for hotels? For example, if you open a personalSouthwest credit cardand earned its 65,000 point bonus after spending $2,000 on purchases in the first three months of account opening, you could redeem them for $835 to $975 in Southwest flights. Co-branded Rapid Rewards credit card members have several other ways to redeem their points. There are a few different ways to do this, and each method has its own benefits and drawbacks. Both membership levels let you earn bonus points, and you get access to other benefits as well. Am I correct? With a little bit of planning, you can easily maximize the points you earn and use them to book free flights or hotel stays. Some programs allow you to purchase points online. You earn Rapid Rewards points on qualifying Southwest Airlines flights paid entirely with cash and on cash purchases of Southwest LUV Vouchers, travel funds and gift cards. Re: Forgot to use travel funds Travel funds cannot be retroactively applied to a reservation, and we cant extend expiration dates. For more information, please see How we make money. However, you cannot use them to book military and government fare flights. They have also analyzed the market closely. They also offer bonus points through category-based spending. You can purchase Southwest flights and refund them in the form of travel funds by September 7, 2020, for your funds to qualify for conversion. If youve got $200 in travel funds, you can convert them to 15,625 points, which are worth ~$234.38 in Southwest flights. For one, points can be redeemed for free flights on Southwest. If you already have a credit card that offers rewards points, you can use it to convert your travel funds into points Southwest. Southwest has built in a "funds to points conversion eligibility" tab that shows you how many points you will get in exchange for the balance of your travel funds. To convert your Southwest travel funds to points, you'll need to have a Southwest Rapid Rewards account. This hasn't been activated yet. Copyright document.write(new Date().getFullYear()) PineknollLodge All Rights Reserved, How To Convert Travel Funds To Points Southwest. Southwest Airlines Co. All Rights Reserved. width: 273px; Using your points to purchase flight tickets during Southwest sales might work well because theres a direct link between the number of points you need and actual ticket prices. View how much different alternatives cost in points and make a selection. You can convert the cash value toSouthwest points at a rate of 1.28 cents per point. Please fill out and submit the form below. left: 277px !important; } A new box will pop up to confirm if you want to convert the Southwest Travel Funds. Wanna Get Away fares, on the other hand, offer the lowest prices. Southwest Airlines Co. All Rights Reserved. Can I convert travel funds to points 2021? Southwest Airlines isnt extending credits unless you pay a $100 fee. Since you typically pay 2.75 cents to 3 cents per point when buying Rapid Rewards points, purchasing them may not be in your best interest. Earn 1X points per dollar at participating Marathon gas stations by enrolling in the MakeItCount Rewards program. Get 1.3 cents to 1.5 cents per Rapid Rewards point when you redeem them for flight tickets. As a result, booking a ticket when prices are low will require fewer points. How many Southwest travel funds can I use? If you have Southwest travel funds sitting in your Rapid Rewards account, heres how to use them to book a flight. Converting credits into points gives people a lot more flexibility, since theres no expiration for points, and you can redeem them for anyone. All financial products, shopping products and services are presented without warranty. NOTE: Since I made this video Southwest has changed the rules for travel funds. Can I use my Southwest credit for early bird check in? These programs allow you to earn points for every dollar you spend on travel-related expenses, including airfare, hotel stays, and car rentals. That's a nice boost for very little effort. View travel funds Help Center Do flight credits expire? Update: One or more card offers in this post are no longer available. Yes, you may use your Rapid Rewards points to book $29, $49, $69 and other low-fare flights with Southwest Airlines. They can be earned by flying Southwest or by using a credit card that earns Southwest points. For example, the American Express Membership Rewards program offers one point per dollar spent. Lee has held the Southwest Companion Pass since 2007 and enjoys being spoiled thanks to his Kimpton Inner Circle status. Please ensure you check your junk and spam folders if you have not received communication from Hyperwallet within a few days. font-style: normal; } /* Spanish Homepage footer */ This page may include: credit card ads that we may be paid for (advertiser listing); and general information about credit card products (editorial content). Punjab National Bank. We will honor reasonable requests for reimbursement for meals, hotel accommodations, and alternate transportation (for example: rental cars and tickets on other airlines). Southwest is one of the most popular airline carriers in the United States. Unfortunately, you cannot manually add travel funds to your profile. html[lang="es"] .header-flyout--promo-section .link--text div { font-size: 12px !important; } Is converting travel funds to points worth it? Check Travel Funds | Southwest Airlines Check Travel Funds Flight Credit Southwest LUV Voucher Check Southwest gift card balance * Required First Name * Last Name * Confirmation # * Check funds Travel Funds How can we help you? You should receive a refund* within 7 business days of your canceled or severely delayed flight. Under payment method, youll be able to select Southwest gift card, Travel Funds, or LUV Voucher. Enter the information requested (e.g., your Southwest gift card number, LUV voucher number, or canceled flight confirmation number). We strive to keep our information accurate and up-to-date, but some information may not be current. Point earning excluded on travel booked with points. Don't just redeem miles redeem them wisely. } .air-booking-select-compare-fares-secondary .compare-fares-secondary--flyby { Information constitutes acceptance of our Terms and Conditions. They can also be used to upgrade flights, get a free checked bag, or get other perks like priority boarding. Wanna Get Away fares are not eligible to transferred, so they can only be used by the ticketed passenger.