Convert Southwest Travel Funds to Rapid Rewards Points at 1.282¢
Southwest has added the ability for Rapid Rewards members to convert eligible travel funds into points. The option is already live and appears at the top of your account when you log in. The conversion rate is 1.282 cents per mile.
Now through December 15, 2020, convert your qualified travel funds to points for added flexibility. Rapid Rewards points don’t expire. You can redeem your points for travel for anyone. To qualify, your travel fund:
- must expire September 7, 2022
- name must match the name on your Rapid Reward account, and
- must have originated from a ticket purchased on Southwest.com®, booked by a Southwest Airlines® Customer Service Agent, or approved by your employer.
You must request to convert your travel fund by December 15, 2020. Conversion is non-reversible.
Converting travel funds to Rapid Rewards points gives you some more flexibility. Points don’t expire and cancellations on points bookings are a little more flexible.
If you have any flights booked or planning to book, keep in mind that any cancellations by September 7th are refunded in travel funds with an expiration date of September 7, 2022. So those funds would be eligible to convert to Rapid Rewards points, as long as you request to convert your travel fund by December 15, 2020. You also get 5x on bookings made with Chase Southwest cards.