Southwest Points To Dollars: Cash Value & Calculator

Point Conversion Calculator
Southwest Points are worth about 1.3 cents each on average which means 10,000 points would have a dollar value of roughly $130.
A few miles short of a redemption? Buy points for as low as 1.65 cents each. Ends February 20, 2023.
Last Updated 2022-08-20 By R.Flowers III

The Point Calculator values Southwest Rapid Rewards Points at 1.3 cents each when redeemed for award flights on Southwest Airlines. Points can also be used towards a number of other redemptions through the Southwest More Rewards Portal which includes gift cards, car rentals, hotels, experiences and more.

How To Earn Southwest Points

The easiest way to earn lots of Southwest points is through intro bonuses and everyday spending across Southwest credit cards. You can also earn points using credit cards offered by transfer partners.

Southwest Credit Cards

Southwest offers five credit cards that are great of earning points on everyday spending. These cards also offer a handful of benefits such as annual bonus points, travel credits, upgraded boardings, and superb travel insurance when you use the card to pay for your travel.

Here are the credit cards you can use to earn Southwest points:

Credit Card Highlights Annual Fee
Best For Southwest Benefits
  • Intro Bonus: 50,000 points
  • Earn 3X points on Southwest® purchases
  • Earn 2X points on local transit and commuting (including rideshare) and on internet, cable, phone services, and select streaming
  • Earn 1X points on all other purchases
  • Receive up to $75 back on Southwest purchases made throughout the anniversary year with the card
  • Receive 4 upgraded bookings per anniversary year that applies to positions A1-A15 on Southwest Airlines
  • Receive 7,500 anniversary points just for being a cardholder
  • Earn 1,500 Tier Qualifying Points for every $10,000 you spend on the card
$149
Best For Southwest Travelers
  • Intro Bonus: 50,000 points
  • Earn 3X points on Southwest® purchases
  • Earn 2X points on local transit and commuting (including rideshare) and on internet, cable, phone services, and select streaming
  • Earn 1X points on all other purchases
  • Receive 2 EarlyBird Check-In per year.
  • Receive 6,000 anniversary points just for being a cardholder
  • Earn 1,500 Tier Qualifying Points for every $10,000 you spend on the card
$99
Best For Low Annual Fee
  • Intro Bonus: 50,000 points
  • Earn 2X points on Southwest® purchases
  • Earn 2X points on local transit and commuting (including rideshare) and on internet, cable, phone services, and select streaming
  • Earn 1X points on all other purchases
  • Receive 2 EarlyBird Check-In per year
  • Receive 3,000 anniversary points just for being a cardholder
$69
Best Southwest Business Card For Benefits
  • Intro Bonus: 80,000 points
  • Earn 4X points on Southwest® purchases
  • Earn 3X points on purchases made with Rapid Rewards hotel and car rental partners
  • Earn 2X points per $1 spent on local transit and commuting, social media and search engine advertising, and internet, cable, and phone services
  • Earn 1X points per $1 spent on all other purchases
  • Receive 4 upgraded bookings per anniversary year that applies to positions A1-A15 on Southwest Airlines
  • Receive 9,000 anniversary points just for being a cardholder
  • Get reimbursed for up to $8 per day when you use the card to pay for In-Flight Wi-Fi on Southwest flights
  • Earn 1,500 Tier Qualifying Points for every $10,000 you spend on the card
$199
Best For Southwest Business Travelers
  • Intro Bonus: 60,000 points
  • Earn 3X points on Southwest® purchases
  • Earn 2X points on local transit and commuting, including rideshare
  • Earn 1X points on all other purchases
  • Earn 1,500 Tier Qualifying Points for every $10,000 you spend on the card
  • Receive 6,000 anniversary points just for being a cardholder
  • Receive 2 EarlyBird Check-In per year.
$99

Chase Ultimate Rewards

Chase Ultimate Rewards points can be transferred to Southwest at a 1:1 ratio meaning that every 1,000 Chase points you transfer will give you 1,000 Southwest Rapid Rewards points. These points can also be transferred to other programs when needed including United Airlines, Hyatt Hotels, Marriott Hotels, and more.

Here are the best credit cards for earning Ultimate Rewards points:

Credit Card Highlights Annual Fee
Best For High Value & Travel Benefits
  • Intro Bonus: 60,000 Bonus Points
  • Earn 10X points on hotels and car rentals booked through Chase Ultimate Rewards
  • Earn 5X points on flights booked through Chase Ultimate Rewards
  • Earn 3X points on travel worldwide and dining at restaurants
  • Earn 1X points on all other purchases
  • $300 statement credit for travel purchases charged to the card each anniversary year
  • Complimentary Priority Pass Select membership
  • Up to $100 towards a Global Entry, TSA PreCheck, or NEXUS application fee
  • 50% boost to point value on travel booked through Chase Ultimate Rewards
$550
Best For Flexible Travel Rewards
  • Intro Bonus: 60,000 Bonus Points
  • Earn 5X points on travel booked through Chase Ultimate Rewards
  • Earn 3X points on dining, online grocery purchases, and on select streaming services
  • Earn 2X points on other travel purchases
  • Earn 1X points on all other purchases
  • 25% boost to point value on travel booked through Chase Ultimate Rewards
  • $50 credit every cardmember anniversary good towards hotel stays booked through Chase Ultimate Rewards
  • 10% bonus points based on how much you spend the prior cardmember year
$95
Best For Flexible Business Travel Rewards
  • Intro Bonus: 100k Bonus Points
  • Earn 3X points on the first $150,000 spent on travel and select business categories each account anniversary year
  • Earn 1X points on all other purchases
  • 25% boost to point value on travel booked through Chase Ultimate Rewards
$95

Convert Southwest Points To Dollars

Use the Points Value Calculator to determine the cash value of Southwest Points for flights, gift cards, hotels, and car rentals. This will give you an idea of how much your points are worth on average for all popular redemption options.

Enter any amount of Southwest Points to calculate the dollar value.
Points
Redemption Average Dollar Value
Southwest Flights $0
Hotels $0
$50+ Gift Cards $0
$25 Gift Cards $0
$15 Gift Cards $0
$10 Gift Cards $0
Car Rentals $0

Southwest Flights

Southwest Points will have the best value when redeemed towards flights on Southwest. This will give you an average of 1.3 cents per point which is pretty solid value.

The table below lists the average value of Southwest Points based on our average flight redemption value of 1.3 cents per point.

Southwest Points Value: Flights
Southwest Points Average Value
1,000 Points $13
5,000 Points $65
10,000 Points $130
30,000 Points $390
40,000 Points $520
50,000 Points $650
80,000 Points $1,040
100,000 Points $1,300
120,000 Points $1,560

Gift Cards

Redeeming Southwest Points for gift cards will give your points a value of between 0.266 cents and 0.531 cents per point. You'll get the best value of 0.531 cents when you redeem your points for gift card denominations of $50 or higher.

There's over 40 different brands of gift cards you can choose from and the denominations range from $10 to $200. Southwest also offers the ability to redeem points for park-2-park tickets at Universal Orlando.

Car Rentals

Redeeming Southwest Points for car rentals will give your points an average value of around 0.25 cents per point. The More Rewards portal features all of the major car rental companies including Hertz, Enterprise, and Alamo.

Hotels

Redeeming Southwest Points for hotel bookings will give your points an average value of 0.52 cents per point. You can book stays will all of the major hotel brands including Marriott, Hyatt, and Best Western.

Experiences & Merchandise

Southwest Points can be redeemed for experiences as well as merchandise through the More Rewards portal. The value of these options will vary based on the redemption.

You can use the Use Southwest Points or Pay Cash calculator to calculate the cash value of these redemptions if you know the average retail price in cash and the price in Southwest Points.

Use Southwest Points or Pay Cash?

Use this calculator to determine the cash value of a redemption based on the cost in cash and the cost in Southwest Points. This is useful when trying to decide whether to use cash or Southwest Points to book a flight.

Cost of Redemption In Cash
Enter how much the flight or redemption would cost you if you paid cash.
$
Cost of Redemption In Southwest Points
Enter how much the flight or redemption would cost you in Southwest Rapid Rewards Points along with any taxes, fees, or additional cash cost you would have to pay.
Southwest Points
Points
Taxes/Fees
$
Redemption Value
This is how much your Southwest Points are worth based on the values entered above.
- Cents Per Point
-

FAQ

How much are Southwest Points worth?

Southwest Points have an average value of 1.3 cents each. This means 10,000 points is worth roughly $130 towards award flights.

How much is 1,000 Southwest points worth?

1,000 Southwest Points would be worth around $13 in value towards flights on Southwest Airlines.

How much is 2,000 Southwest points worth?

2,000 Southwest Points would be worth around $26 in value towards flights on Southwest Airlines.

How much is 10,000 Southwest points worth?

10,000 Southwest Points would be worth around $130 in value towards flights on Southwest Airlines.

How much is 30,000 Southwest points worth?

30,000 Southwest Points would be worth around $390 in value towards flights on Southwest Airlines.

How much is 40,000 Southwest points worth?

40,000 Southwest Points would be worth around $520 in value towards flights on Southwest Airlines.

How much is 65,000 Southwest points worth?

65,000 Southwest Points would be worth around $845 in value towards flights on Southwest Airlines.

How much is 80,000 Southwest points worth?

80,000 Southwest Points would be worth around $1,040 in value towards flights on Southwest Airlines.

What can you redeem Southwest Points for?

Southwest Points can be redeemed for award flights on Southwest Airlines, hotels, car rentals, gift cards, and merchandise.

Does Southwest Points expire?

No. Southwest Points do not expire. They are valid as long as you have an active Southwest Rapid Rewards account.

Quick Credit Card Search Tool

Input your monthly spend into our calculator below to find out which credit cards will earn you the most points, miles, and cash back per dollar spent. Whole numbers only, no decimals/cents.

Use the full credit card finder tool for additional customization options including the ability to add additional categories, toggle between monthly and yearly spend, and more.

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