You won’t get status with those converted points, however Keep in mind that you cannot combine points and cash for a single reservation, so you can get some leftovers with points, too-but you can book a one-way reservation using points, and a one-way reservation with cash, as one workaround. As you start to use them, you can end up with odd and small remaining amounts (such as $15.83 or $1.22) that become very difficult to cobble together toward a flight, especially since Southwest limits customers to three forms of payment. The travel funds are individual credits that are assigned per refund. Additionally, a Rapid Rewards account represents a lump sum of points that you can add to or draw upon to book flights with as needed, making it easier to use than travel funds. They could then use the Rapid Rewards points toward any ticket, regardless of who is flying.Īnother thing we love about Rapid Rewards points? They never expire. The option is key for those who purchased tickets for someone other than themselves: While travel funds remain in the original passenger’s name (the person who was originally scheduled to fly), the purchaser would be able to transfer the funds for a ticket they bought for someone else into their Rapid Rewards account. By comparison, a $200 travel fund converts to 15,600 points, and a $100 travel fund would be converted to 7,800 points. So, if you purchase a Business Select fare, you get 12 points for every dollar spent-a $200 ticket will earn you 2,400 points for an Anytime fare, you get 10 points for every dollar spent-a $150 ticket will get you 1,500 points and for a Wanna Get Away fare, you earn 6 points for every dollar spent, so a $100 ticket will get you 600 points. Southwest typically determines points based on the fare class and the fare amount. That’s a lot more than its standard conversions for purchased tickets. The carrier is assigning a whopping 78 points to every travel fund dollar, which are all being converted at the same rate. 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 see how much your travel funds are worth in points you simply go to “ check travel funds” and enter your details. (If you’re not already a member, you can join and then convert the funds online.) The first and last name on the travel fund must match that of the Rapid Rewards account, and the original ticket must have been purchased directly from Southwest. To qualify, a customer must be a Rapid Rewards member, and the funds must be set to expire by September 7, 2022. And the conversion rate is pretty impressive. For anyone who has had to cancel a Southwest Airlines flight due to the coronavirus pandemic, this may be some welcome news: As of August 10, anyone with qualifying future travel credits (what Southwest refers to as travel funds) can convert them into Rapid Rewards points-as long as they do so by December 15, 2020.
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