Ugh: Southwest Rapid Rewards Devalues Points With No Notice

Southwest Rapid Rewardsis a revenue-based frequent flyer program, so the number of points required for a ticket is directly correlated to the cost of a ticket when paying cash. Historically points values have been roughly as follows: 1. Southwest Airlines Wanna Get Away fares cost 76-78 points per dollar 2. Southwest Airlines Anytime fares cost 78 ...

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No, Southwest Didn't Devalue Its Rapid Rewards Program Overnight

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Mar 29, 2020 · The best value you'll get from Southwest Rapid Rewards is for cheap airfare. ... the price was either $49 or 2,468 Rapid Rewards. Today, when they looked, the fare dropped …

thepointsguy.com

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Southwest To De-value Rapid Rewards Points By 4% On January

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First seen in the Southwest subreddit in this post. Notice: Starting on January 1, 2024, for flights purchased using Rapid Rewards points, the number of Rapid Rewards points required per …

reddit.com

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Southwest Devalues Rapid Rewards Points By 6% - UponArriving

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Apr 14, 2021 · They rolled out a devaluation without any advanced notice. Southwest Rapid Rewards will now be worth about 6% less than what they were before. Unlike the changes in …

uponarriving.com

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Points Math Post-conversion With Devaluation - The Southwest …

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Apr 15, 2021 · Hi all, we had a trip planned in Aug 2020. I paid $2710.56 for those tickets. When SW offered the conversion of travel funds to points, I went ahead and did this, and received …

southwest.com

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Southwest Just Devalued Their Points By 6% Overnight.

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“Straight up theft” is a bit extreme. the voucher didn’t expire til September 2022. Points are always at risk for devaluation. Some people who aren’t savvy about devals prob aren’t familiar with …

reddit.com

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Southwest Devalues RR Points : R/CreditCards - Reddit

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An unannounced devaluation. Rapid Reward points are devalued by ~6% ([1.20-1.28]/1.28). This affects both Chase's Sapphire line and the Southwest cobranded cards. This was the first …

reddit.com

FAQs about Ugh: Southwest Rapid Rewards Devalues Points With No Notice Coupon?

Is southwest devaluing Rapid Rewards in 2024?

Southwest is devaluing Rapid Rewards as of 2024, as more points will be required for awards. Here's what we know so far about the changes. ...

Are southwest Rapid Rewards points devalued?

This will only apply to new bookings as of 2024, so any reservations ticketed before then will (of course) be honored. Southwest last devalued Rapid Rewards points in 2021. Currently you need roughly 83 Rapid Rewards points per dollar of airfare, meaning that each point gets you 1.2 cents toward the cost of a ticket. ...

Is southwest revaluing Rapid Rewards points in 2024?

Yes. As of 2024, Southwest will require roughly 4% more Rapid Rewards points for awards, meaning that the value of each point will decrease from around 1.2 cents to 1.15 cents. This is Southwest’s second devaluation since the start of the pandemic. ...

Will Southwest Airlines devalue its points in 2024?

Southwest Airlines will be devaluing its points in 2024. If it’s any consolation, at least the program is providing some advance notice? As flagged by Danny the Deal Guru, as of January 1, 2024, Southwest Rapid Rewards points will be worth a bit less. ...

How much does southwest Rapid Rewards cost?

Buying Southwest points will become even less appealing as well. The carrier is maintaining its current purchase price of 2.75 cents per point, though it's possible we could continue to see limited-time discounts or partner transfer bonuses from time to time. Ultimately, Southwest Rapid Rewards remains more flexible than many other programs. ...

How many Rapid Rewards points do you need for Southwest Airlines?

Well, it would appear that Southwest Airlines has increased the number of points required for flights by roughly 6%, and you now need 83 Rapid Rewards points per dollar of airfare. In other words, each Rapid Rewards point gives you roughly 1.2 cents of value towards the cost of a Southwest ticket. ...