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In addition to Southwest sales on flights, they’re also offering a good deal on Rapid Rewards points! If you’re in need of Rapid Rewards points, ahem, Companion Pass anyone? Then this could work for you!
Through September 19th, you can buy Southwest Rapid Rewards at up to 40% off. I received an email offer the other day with the subject line: “Save big on Rapid Rewards points this summer.” After clicking through the link and logging into my Rapid Rewards account, I snagged a 40% offer on purchasing Rapid Rewards points. The offer is valid through September 19th, and points can be purchased in increments of 1,000. Unfortunately, points don’t count towards A-List, A-List Preferred, or your Companion Pass. But if you already have the Pass, they can definitely come in handy!
So…is it worth it?
The lowest number of points I can purchase is 3,000 Rapid Rewards for $54. That puts me at a value of about 1.8 cents per Rapid Reward point. In the past, I’ve gotten anywhere between 1.4 cents and 2 cents per point when redeeming Rapid Rewards, so this is definitely at the higher end of the scale.
However, I love Rapid Rewards for their flexibility! When booking with points, you can cancel right up until the day of the flight, and get a full refund. I’ll happily pay a small premium to get that near-unlimited flexibility. All other things equal, I’ll always book Southwest flights on points, instead of paying cash.
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