Also, Ill add in an international trip as well (because taxes and fees on those are a little different). Now, let's dive into each of the cards. Generally, 3,000 points are $90. Best well-rounded Southwest credit card. You can get even higher values if you're flexible. 21, . We have financial relationships with some of the products and services found on this site and may be compensated if you choose to use any of these links. Southwest Point Value Calculator: How Much Are They Worth? The value per point varies by flight, but Southwest points are worth an average of 1.6 cents apiece. Each advertiser is responsible for the accuracy and availability of its ad offer details, but we attempt to verify those offer details. Determining an exact value for a Southwest point is easier than with most airlines because the price of an award flight is directly related to the cash price of the ticket. Southwest Airlines has some of the most dedicated fans in the airline business. Terms apply to the offers listed on this page. Southwest used to lead the pack in terms of airline point and mile valuations, but not anymore. Whole numbers only, no decimals/cents. Based on our analysis, the short answer is this: the Southwest points value is about 1.5 cents each. Book a Southwest Vacations Package and earn up to 2X more . Opinions, calculators, and other editorial content on this page have not been approved or endorsed by any entities on this site. His work has been featured by Fast Company, The Associated Press and The Onion. Earning 125,000 points should get you around $1875 in Southwest Airlines travel (which can be doubled via Companion Pass), and 9000 more points should get you $135 in travel on and ongoing basis. 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. 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. For an award ticket, youd pay 23,166 points and ~$32 in taxes. The math is: 25000*.015=375. Learn more: The complete guide to Southwests Rapid Rewards program. It's great for no-frills travelers who want to easily redeem points to get from Point A to Point B. Southwest Rapid Rewards Points can be used towards any of the three fare options that Southwest offers which are: With all of these fares you'll receive two checked bags free, no change fees, and no cancel fees. And theyre also aChase Ultimate Rewards transfer partner, so you can indirectlyearn Southwest pointswith topChase credit cardslike theChase Sapphire Preferred Card. Southwest Rapid Rewards Premier Credit Card Earn 40,000 bonus points after spending $1,000 on purchases in the first three months of account opening. Input your average monthly spend amounts into our calculator tool to get a list of up to 10 of the best credit cards for earning you the most points, miles, and cash back. This page may include: credit card ads that we may be paid for (advertiser listing); and general information about credit card products (editorial content). In general, use Southwest Rapids Rewards points to book flights, but that's about it. Megan has built and directed remote writing teams and strategies for websites like GoAbroad and Go Overseas. Southwest Rapid Rewards Performance Business Credit Card - Earn 80,000 points after you . Southwest Points are worth about 1.3 cents each on average which means 10,000 points would have a dollar value of roughly $130. Offers lounge access and excellent travel insurance. To earn the Chase Sapphire Preferred Card's 80,000-point welcome bonus, you must spend at least $4,000 within the first three months of card membership. Use the full credit card finder tool for additional customization options including the ability to add additional categories, toggle between monthly and yearly spend, and more. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. This website does not include all card companies or all card offers available in the marketplace. 2,000 Southwest Points would be worth around $26 in value towards flights on Southwest Airlines. Dollar treads water near 7-month lows ahead of U.S. inflation data. You'll also earn those 5 points per $1 on up to $2,000 in Southwest purchases per month through March. Select the program, enter total points or miles, and the calculator will output the average cash value. This includes: When redeemed for gift cards, your Southwest Points will have a value of between 0.266 cents and 0.531 cents. The good news: Rapid Rewards points don't expire. Input your monthly and yearly spend amounts to find out which cards earn you the most points, miles, and cash back. If you've just discovered the enchanted world of free travel, the idea of opening a credit card that charges any annual fee at all is jarring. When evaluating offers, please review the financial institutions Terms and Conditions. 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. 30,000 Southwest Points would be worth around $390 in value towards flights on Southwest Airlines. Before applying for a Southwest card, you need to know if you're eligible. Her work has been featured in AwardWallet. The price of Southwest points depends on how many points you're purchasing as well as whether or not there are any current promotions. Sure, you might be able to use them for non-flight 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. They are meant to provide estimates and may not reflect the exact amount of rewards you will receive. Points transfer at a 1:1 ratio in 1,000 point increments. Southwest Points will have the best value when redeemed towards flights on Southwest. 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? Continue with Recommended Cookies. Not a Southwest Rapid Rewards Priority . Southwest points are worth about 1.5-1.7 cents per point, but they sell for 2.75-3 cents per point. 30,000 Southwest Points would be worth around $390 in value towards flights on Southwest Airlines. Opinions, calculators, and other editorial content on this page have not been approved or endorsed by any entities on this site. Here are our picks for the best travel credit cards of 2023, including those best for: Flexibility, point transfers and a large bonus: Chase Sapphire Preferred Card, No annual fee: Bank of America Travel Rewards credit card, Flat-rate travel rewards: Capital One Venture Rewards Credit Card, Bonus travel rewards and high-end perks: Chase Sapphire Reserve, Luxury perks: The Platinum Card from American Express, Business travelers: Ink Business Preferred Credit Card, About the authors: Sam Kemmis is a travel rewards expert at NerdWallet specializing in airline and hotel loyalty programs. We have financial relationships with some of the products and services found on this site and may be compensated if you choose to use any of these links. Her work has been featured in AwardWallet. Editorial Note: All opinions expressed on this site are my own and not those of any bank, rental car company, credit card issuer, hotel company, or any entity mentioned herein. The advantage of this approach is that it provides an actual, real-world indication of how much these points are worth on average. . Part of this is due to a slight downtick in the value of Southwest points, but much more is due to other program miles becoming more valuable. Derry Girls, which first aired on Channel 4 in 2018 . If so, the new Southwest Rapid Rewards Performance Business credit card will give you 70,000 points after you spend $5,000 on purchases in the first three months. Buy points for as low as 1.65 cents each. Southwest Rapid Rewards Premier Credit Card. Don't just redeem miles redeem them wisely. The same flight would set you back 15,396 Southwest points and the same $5.60 security fee. This may influence which products we write about and where and how the product appears on a page. How many dollars is 80000 points? The value of Southwest is relatively constant. How did we determine the value of Southwest Rapid Rewards points? However, the counter resets on January 1 for your annual accumulation. Once you meet that minimum spending . On average, Southwest points are worth ~1.4 cents each, per our estimations. I remember the days when I thought annual fees were for total suckers. Despite their relatively high value, if youre looking for more adventurous, high-value flight redemptions, like booking international first-class suites, youre better off looking to other programs that enable partner redemptions. Find The Best Business Credit Cards Based On Your Monthly Expenses. Megan Lee joined the travel rewards team at NerdWallet with over 10 years of SEO, writing and content development experience, primarily in international education and nonprofit work. 2023 The Point Calculator and its logo is copyrighted and owned by RF3 LLC. End Date: None. Overall, redeeming Southwest Points towards rental cars will give your points a really low value. Southwest has given all travelers affected by its December meltdown a bonus of 25,000 Rapid Rewards points. This means that 10,000 points would be worth around $130 towards flights. Heres our full advertising policy: How we make money. But when prices are low, like they are now, the value you get per point can be less. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Here is a list of our partners and here's how we make money. There's a higher spending minimum to get 80,000 points, but it shouldn't be too much for most consumers. 4 Dogwood Ln, Texarkana, TX 75503 was sold for the price of $80,000 on 02/01/2013. Use the Points Value Calculator to determine the cash value of Southwest Points for flights, gift cards, hotels, and car rentals. Check ourHot Dealsfor the latest offers. Per our analysis, Southwest Rapid Rewards points are some of the most valuable airline awards available. Southwest Points will give you an average value of 1.3 cents per point when used towards award flights. This is the "cheapest" Southwest card in terms of annual fee - just $69 each year (including the first year). Get the full details on all redemption options and calculate the cash value of points for each. Earn 4 points per dollar on Southwest purchases, 3 points per dollar on Rapid Rewards hotel and car partners, 2 points per dollar on rideshare, 2 points per dollar on social media advertising, internet and phone services, and 1 point per dollar on all other purchases. The owner of this site is not a legal or tax professional and the statements and articles on this site are opinions of the owner and should not be relied upon for individual circumstances. If it's on your bucket list, you can easily get there flying from Fort Lauderdale, FL or Tampa, FL. In other words, you should aim for award redemptions that offer. Get a list of the best cards based on your business expenses. 80,000 southwest points to dollarsalaska federal subsistence hunting regulations. Anniversary bonus: Earn 9,000 bonus points every year on your . Some card offers that appear on this site are from companies from which this website receives compensation. If you buy 3,000 to 9,000 points, you'll get a 30% discount, 35% off for 10,000 to 14,000 points, and 40% off when you buy over 15,000 points. If you're looking to earn a solid return on your spend, rewards credit cards are the way to go. 10,000 Southwest Points would be worth around $130 in value towards flights on Southwest Airlines. The Point Calculator is owned by RF3 LLC. You can book stays will all of the major hotel brands including Marriott, Hyatt, and Best Western. See the table below for how they stack up with other programs. Editorial Note: We're the Million Mile Secrets team. In this situation, youre getting a lower value than average because of the taxes. Southwest Rapid Rewards Priority Credit Card. Wanna Get Away (Southwest's cheapest fare) award flight bookings cost roughly 76 points per dollar. The market value for this residential property was estimated at $118,372. The card earns two points per dollar spent on Southwest purchases. How much do you spend on credit cards per month? This website does not include all card companies or all card offers available in the marketplace. recommended credit N/A. If you're looking to vacation in Hawaii, you can get to all of Hawaii's major cities using Southwest. They are for illustrative purposes only. Sam is a travel rewards expert at NerdWallet specializing in airline and hotel loyalty programs. You want a travel credit card that prioritizes whats important to you. We and our partners use cookies to Store and/or access information on a device. This is useful when trying to decide whether to use cash or Southwest Points to book a flight. Sam Kemmis is a travel rewards expert at NerdWallet specializing in airline and hotel loyalty programs. It works whether you book with cash or by redeeming points. Kings & New Boston: 1.1 miles . This website is an independent, advertising-supported comparison service. Travel credit cards are great for building rewards redeemable towards a wide variety of travel including airfare, hotels, car rentals, cruises, and more. You don't already have a Southwest Rapid Rewards Credit Card (excluding business and employee cards), and you haven't gotten a sign-up bonus on one of these cards in the last 24 months. Best premium card for building points transferable to Southwest and other programs. Luckily, many credit cards waive foreign transaction fees which is great if you're looking to earn rewards on international spending and travel. Input your average monthly business expenses into our calculator tool to get a list of up to 10 of the best business credit cards for earning you the most points, miles, and cash back. Learn More. NerdWallet found Southwest points to be valued at 1.5 cents each, making 40,000 points worth roughly $600 in flights. At times, they can be worth even more. View our top credit card picks and find out which credit cards will earn you the most points. Earn 80,000 points after you spend $5,000 on purchases in the first 3 months. This site is informational and meant to provide help in calculating points with various programs. With the JetBlue Plus card, you'll earn 6 points per dollar on JetBlue purchases, . Purchases of 5,000 - 60,000 points cost 2.75 cents each. Check out our articles and guides on popular rewards programs. 10,000 Southwest Points would be worth around $130 in value towards flights on Southwest Airlines. There's over 40 different brands available that range from restaurants and shopping to travel and department stores. Southwest Points have an average value of 1.3 cents each. His work has been featured by Fast Company, The Associated Press and The Onion. Invest better with The Motley Fool. Use the Points to Dollars Calculator to get an estimate value of how much your points or miles are worth. With a new Southwest Rapid Rewards Plus Credit Card, you can Earn 50,000 bonus points after spending $1,000 on purchases in the first 3 months Based on our estimated value of Rapid Rewards points, this offer is worth approximately $1,050 in travel. 4 Upgraded Boardings per year when available. While it doesn't influence our opinions of products, we do receive compensation from partners whose offers appear here. You can use Southwest points to buy gift cards, although it's not a good deal at all. By getting a Southwest credit card now, you can earn the full 80,000 bonus points in early 2021. View the earning rates per $1 spent for all credit cards offered by Southwest and their credit card partners. Here's how. Gift cards are another item you can purchase through the More Rewards portal using your Rapid Rewards points. The value is based on real-world data (see below) and is effectively what you can expect to get from your Rapids Rewards points if you use them for a random redemption. Input your average monthly business expenses into our calculator tool to get a list of up to 10 of the best business credit cards for earning you the most points, miles, and cash back. Input your monthly and yearly spend amounts into our tool and get a list of credit cards that earns you the most points, miles, and cash back. Also, when prices are low (like now) the value you get per point will typically be less. About The Point Calculator Private Policy Advertising Policy. Manage Settings Southwest Point Value Calculator: How Much Are They Worth? If you want to earn lots of Southwest points, the easiest way is through intro bonuses and spending across Southwest credit cards and Chase Ultimate Rewards credit cards. There's a $199 annual fee but you also get 9,000 bonus points after your Cardmember . For the first year, you will not have to pay an annual fee of $99 and you will receive 1.5 points per dollar spent at Southwest merchants and on travel. Best well-rounded Southwest credit card. If you don't fly often but still prefer Southwest Airlines, the Southwest Rapid . Table: Southwest Credit Card Points Per $1 Spent. The Competition. Some card offers that appear on this site are from companies from which this website receives compensation. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. Find Credit Cards Based On Your Monthly Spend, Find Credit Cards Based On Your Business Expenses, Build Your Own Credit Card Combos & Calculate Rewards, Points & Miles Transfer Partner Calculator, American Express Membership Rewards Points Calculators, Chase Ultimate Rewards Points Calculators. Some card offers that appear on this site are from companies from which this website receives compensation. Input your monthly spend into our calculator below to find out which credit cards will earn you the most points, miles, and cash back per dollar spent. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. On domestic award flights, you will pay a government-imposed September 11th Security Fee of $5.60 per one-way trip. a bonus of 25,000 Rapid Rewards points. 80,000 Southwest Points would be worth around $1,040 in value towards flights on Southwest Airlines. In other words, you should aim for award redemptions that offer 1.5 cents or more in value from your Southwest points. Intro Bonus: 80,000 points Earn 4X points on Southwest purchases; Earn 3X points on purchases made with Rapid Rewards hotel and car rental partners; Earn 2X points per $1 spent on local transit and commuting, social media and search engine advertising, and internet, cable, and phone services; Earn 1X points per $1 spent on all other purchases; Receive 4 upgraded bookings per anniversary year . 4832 SW . Earn 3X points on Rapid Rewards hotel and car partners. Previously it was ~120 points per dollar for business select and ~100 points per dollar for anytime fares and they are now the same as wanna get away fares. 100,000 Southwest points are worth about $1,500. How much are 100,000 Southwest points worth? They are valid as long as you have an active Southwest Rapid Rewards account. It varies slightly depending on the route, time of year, and other factors, but in general, you can expect to get an average of 1.4 cents per point in value. Instagram: @themissmiles. . You want a travel credit card that prioritizes whats important to you. All Rights Reserved. Plus the 5,000 points from your spending for a total haul of 80,000 Southwest points. The annual accumulation is what the A List and A List Preferred statuses are . When points are redeemed through Chase's Ultimate Rewards online travel portal, they are also valued at 1.25 cents apiece. There are restrictions on travel to Cuba, so be sure to research this before booking any flights. Earn 4X points on Southwest purchases. Southwest Rapid Rewards points offer plenty of consistent value, but less razzle-dazzle. How much is 80000 Southwest points worth? 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.. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Southwest Points can be redeemed for experiences as well as merchandise through the More Rewards portal. Travel credit cards are great for building rewards redeemable towards a wide variety of travel including airfare, hotels, car rentals, cruises, and more. These limited-time bonuses are a great way to get even more value from them as a new cardholder.