Is your Southwest Airlines Rapid Rewards award a good deal?

The same booking, paid in cash.

What the award costs.

Cash still due on the award.

Fair deal

1.25¢each

The same as the usual 1.25¢. The award saves $450; at the usual value the points are worth $450, so using points and paying cash come out even.

Under 1.13¢ each is a poor deal and 1.5¢ or more a great one.
Great deal at up to
30,000
Breaks even at
36,000
Poor deal above
40,000

Set against a typical redemption value of 1.25 US cents each: 20% or more above it is a great deal, more than 10% below it a poor one.

Is your Southwest Airlines Rapid Rewards award a good deal? by Points Frog ↗ · An educational estimate, not financial advice.