In fact, it costs $10 for every 1,000 Southwest points you want to transfer to someone else! While this is much less than buying Southwest points, it still seems a very high price to pay just to transfer points. With the value of a Southwest point sitting around 1.5 cents, that means it costs $10 to transfer $15 worth of points.
How much does it cost to buy southwest points?
The price of Southwest points depends on how many points you’re purchasing as well as whether or not there are any current promotions. Normally, buying between 2,000 and 4,000 points will cost 3 cents a point. Purchases of 5,000 – 60,000 points cost 2.75 cents each.
Is it worth buying southwest points?
Is buying Southwest Airlines points worth it? Let me cut to the chase — there are few situations where it makes sense to purchase Rapid Rewards points. Even at the discounted cost, there’s not usually value in buying points for ~1.57 cents each when you can only redeem them for ~1.2 cents each.
Should you buy southwest points?
While you theoretically may be able to buy Southwest points for roughly the same as TPG’s valuation, typically, the only one time I’d suggest someone take advantage of a Southwest buy points offer is if you’re trying to book a great S outhwest deal before it sells out or have an urgent flight need and:
How do you redeem southwest points?
Steps to redeem your Southwest points for flights
- Login to your Rapid Rewards account. Booking flights with Rapid Rewards points is easy. ...
- Input your flight details. Enter your dates, destination, number of passengers and whether you would like to book round-trip or one-way.
- Click search and browse flight availability. ...
- Select your flight and input your payment details. ...
Can I transfer Southwest points for free?
Re: Transferring Rapid Reward points to another member, is there a fee? Yes, it's 1 cent per point, which devalues those points significantly. Don't do it, unless you absolutely need to combine points with someone else in order to have enough for a booking.
Do you have to pay to transfer Rapid Rewards points?
A Member has the ability to transfer points to another Member or a preselected charity chosen by Southwest with an active Rapid Rewards account. Costs to transfer points to another Member must be paid for with a credit card, and transfers can be made through Southwest.com.
Can I buy a Southwest ticket for someone else with points?
Alex Breen, Rewards Analyst Yes, you can use your Southwest points to buy a ticket for someone else. The member who owns the account from which the points will be used will need to make the reservation for the person traveling.
How do I transfer Southwest points to Southwest?
Select "Transfer to Travel Partners." You'll find this option in the "Earn / Use" dropdown menu. Go to the Southwest listing and select "Transfer Points." It's listed as Southwest Airlines Rapid Rewards under the Airlines section. Choose a recipient for the transfer.
Can you transfer Southwest Miles?
You can gift or transfer points to one Member per transaction, although you can complete as many transactions as you'd like up to the 60,000-point daily maximum.
How much does it cost to transfer miles?
How much does it cost to transfer miles? The rate per mile is $0.01 and the processing fee per transaction is $30.00. Applicable taxes apply.
Can you sell Southwest points?
Southwest does not offer a way to sell their Rapid Rewards points. You will have to go to a third-party buyer/seller. They will offer you cash for your points, based on the number of points available. The higher the number of points, the better the offer.
Can I use my Southwest Rapid Rewards number for someone else?
Yes. The Rapid Rewards Member who owns the account from which the points will be used will need to make the reservation for the person traveling.
Can I buy a plane ticket for someone else with my miles?
Yes, you may use Pay with Miles to book someone else's ticket. You can use Pay with Miles for multiple tickets - you just need to have 5,000 miles per passenger available and they must be on the same itinerary. Why am I not seeing Pay with Miles as an option when searching for my flight?
Can I transfer Southwest points back to Chase?
And since we all know things can change these days, know that Southwest allows for free award redeposits and changes. While you won't be able to move the points all the way back to Chase, you can put the points back in your Rapid Rewards accounts if your travel plans don't work out.
Can I transfer Southwest points to Chase rewards?
You can earn Rapid Rewards points several ways: by flying on Southwest, by shopping and dining with partners, or by spending on a Southwest Rapid Rewards credit card. Southwest is also a transfer partner of the Chase Ultimate Rewards® program.
How much does 4000 Southwest points cost?
3 cents a pointThe price of Southwest points depends on how many points you're purchasing as well as whether or not there are any current promotions. Normally, buying between 2,000 and 4,000 points will cost 3 cents a point. Purchases of 5,000 – 60,000 points cost 2.75 cents each.
Buy Rapid Rewards points and more
At Southwest ®, we give you the power to control your balance. If your balance needs a little love, you can buy points any time. But it doesn’t stop there. You can gift points or transfer your points to others, or donate them to charity—talk about making someone’s day!
Claim points from a business or merchant
If you’re not a Member, enroll now and come back to claim your points.
What Southwest partners give you Rapid Rewards points?
You can earn Rapid Rewards points from Southwest partners like Nrg, Reliant, and Make it Count.
What is Rapid Rewards Shopping?
Rapid Rewards Shopping is an exclusive site for Rapid Rewards members that allows them to earn points on everyday online purchases from over 800 popular brands like Groupon, Macy’s and Staples. Or, a more timely option, like TurboTax.
Does Southwest have a partner?
Southwest doesn’t have any airline partners. Southwest is one of only a handful of airlines that do not have active lateral airline partnerships. Since Southwest is likewise not a part of any airline alliance, it is unfortunately not possible to earn equivalent Rapid Rewards points and points when booking with another airline.
Can you earn Rapid Rewards points on Southwest Airlines?
You can still earn Rapid Rewards points when you make qualifying purchases with Southwest Rapid Rewards partners. Nerdy tip: If you book one of Southwest partners via their online portal, and make your purchase with your Rapid Rewards credit card, you are eligible to earn 2 points per $1 spent. These all qualify as Southwest Airlines purchases.
Alex Breen, Rewards Analyst
This answer was first published on 10/29/20 and it was last updated on 10/28/20. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
People also ask
The value of Southwest points is 1.46 cents per point, on average. That means 10,000 Southwest points have a value of roughly $146. Southwest points are more valuable than the average airline miles, which are worth almost 1.3 cents each, as a result.