A Southwest credit card can help.Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc.: California: California Finance Lender loans arranged pursuant to Department of Business Oversight Finance Lenders License #60DBO-74812We want to hear from you and encourage a lively discussion among our users. If you are currently working toward a Companion Pass through points, you can still earn it with 110,000 qualifying points through December 31, 2019. Rapid Rewards points cannot be used to pay taxes or fees. The Southwest Rapid Rewards … Rapid Rewards members will now have the option to convert Travel Funds into Rapid Rewards points at a rate of 1.28 cents per point through Dec. 15, 2020. Please help us keep our site clean and safe by following ourWith Southwest Airlines offering incredibly flexible change and cancellations policies due to the evolving coronavirus pandemic, it might be the case that you’ve got some travel funds sitting in your account from some previously canceled flights.Announced earlier this summer, Southwest has rolled out a unique option for those travel funds: It is now possible for you to take your unused travel funds from Southwest Airlines and convert them into Rapids Rewards points, allowing you to use them at any time (and for anyone) for future flights. If you keep the credit, it will be good until Sept. 7, 2022. Southwest Rapid Rewards Program: The complete guideYou will have to weigh the pros and cons of each option to decide which travel funds to convert, or not. See the table below for how they stack up with other programs. Generally speaking, if you anticipate traveling on Southwest prior to September 2022, keeping your larger travel funds intact will benefit you more in the long run as you earn points on those bookings.

All financial products, shopping products and services are presented without warranty. Additionally, how much money do you have tied up in travel funds related to those plans? We know how much this benefit means to our A-List and A-List Preferred Members.Earn up to 10,000 points per night on hotel stays. However, this does not influence our evaluations. If you make the swap for points instead of a travel fund, those points can be redeemed for anyone to fly on Southwest. Rapid Rewards points cannot be used to pay taxes or fees.Our loyalty program is free to join and helps you earn points you can redeem for future flights. Conversion is non-reversible. But one question that lingers is, does this make sense for you to do, and if so, how do you do it?As with all promotions and programs, there are a few bullet points to cover to make sure that you’re eligible to make these conversions:This option is only available through Dec. 15, 2020.Your travel fund expiration date must be Sept. 7, 2022 (typically from a COVID-related cancellation).The name on the Rapids Rewards account must match the name on the travel fund (this will be important later).When you make the conversion, you’re going to get 1.28 cents per point in value, which is slightly lower than  determined by NerdWallet, but we’ll cover some instances where this makes sense, even with the slightly lower rate.How to convert Southwest travel funds to Rapid Rewards pointsThe process is quite simple, so kudos to Southwest for making the entire process easy from start to finish.When you log into your account at the Southwest website, find the box that says “View Travel Funds.” You may be asked to log in again with your Southwest credentials.Once the screen loads, you may already be able to see eligible confirmation numbers listed from previously canceled reservations tied to your Southwest Rapid Rewards account. (opens popup). Remember, however, that the travel funds must be used for the person the original booking was made for.In the example above, we decided to convert the $39 travel fund to 3,042 Southwest points, so the next screen gives us one more chance to back out before pulling the trigger.Hit “Convert fund” and just like that, voila!



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