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How Much Are My Southwest Rapid Rewards Points Worth?

March 3, 2020
Loyalty Programs, Reward Optimization, Travel
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Southwest Airlines has some of the most dedicated fans in the airline business. If you’re one of them and you’re sitting on a bunch of hard-earned Rapid Rewards points, you might be wondering how much those points are worth.

Based on our analysis, the short answer is:

NerdWallet values Southwest points at 1.4 cents each. This is a baseline value, drawn from real-world data on hundreds of economy routes, not a maximized value. In other words, you should aim for award redemptions that offer 1.4 cents or more in value from your Southwest points.


To understand what you’ll be able to do with those points, use the calculator below to figure out how much your miles are worth based on this value.

Wondering what you can do with those points? Check out our guide to redeeming Southwest Rapid Rewards points, as well as some Southwest award sweet spots to consider.

How to maximize your rewards

You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2020, including those best for:

Planning a trip? Check out these articles for more inspiration and advice:
Find the best airline credit card for you
Southwest Rapid Rewards program: The complete guide
How to get started with frequent flyer programs

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