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Points Frog guide

Alaska Airlines Atmos Rewards vs Southwest Airlines Rapid Rewards

Alaska Airlines Atmos Rewards miles are worth more as of October 13, 2026: an estimated 1.55¢ each against 1.25¢ for Southwest Airlines Rapid Rewards points, 24% more per point. 50,000 come to about $775 against $625.

Values updated

Alaska Airlines Atmos Rewards vs Southwest Airlines Rapid Rewards, side by side
MeasureAlaska Airlines Atmos RewardsSouthwest Airlines Rapid Rewards
Value per point1.55¢1.25¢
10,000 worth$155$125
50,000 worth$775$625
100,000 worth$1,550$1,250
A great award1.86¢ or more a point1.5¢ or more a point
A poor awardunder 1.4¢ a pointunder 1.13¢ a point
Rewards currencymilespoints
Run byAlaska AirlinesSouthwest Airlines
Ranked1 of 11, US airlines1 of 102, airline miles4 of 11, US airlines22 of 102, airline miles

Values are Points Frog's estimates of one point redeemed for good, available awards, not cash-out or transfer rates. How we value points.

Alaska Airlines Atmos Rewards

Southwest Airlines Rapid Rewards

Quick answers

Which is worth more, Alaska Airlines Atmos Rewards or Southwest Airlines Rapid Rewards?

Alaska Airlines Atmos Rewards miles are worth more as of October 13, 2026: an estimated 1.55¢ each against 1.25¢ for Southwest Airlines Rapid Rewards points, 24% more per point. 50,000 come to about $775 against $625.

How many Southwest Airlines Rapid Rewards points equal 50,000 Alaska Airlines Atmos Rewards miles?

About 62,000. At 1.25¢ each, that many points match the $775 estimated for 50,000 miles at 1.55¢. This compares value only; the programs do not exchange points at this rate.

Is a higher value per point always better?

No. A program worth less per point can still win if it earns more points per dollar or per flight, or if its awards fly where you want to go. Compare what you would earn on your own spending and the awards you would book before choosing between Alaska Airlines Atmos Rewards and Southwest Airlines Rapid Rewards.

Where do these values come from?

Points Frog's valuation catalog estimates what one point is worth when redeemed for good, available travel awards, in US cents. It is an editorial average, not a cash-out rate, and each program's page shows its dated valuation history.

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