What Southwest Rapid Rewards Are Worth (September 2026)

Cash floor: 1.2¢ — Against the cheapest fare buckets

Issuer travel portal: — · Transfer target: 1.4¢ · Peak: 1.6¢

Why we use 1.4¢

Fully revenue-based, which makes it boring and dependable: roughly 1.4¢ on almost any fare, with no award seats to hunt.

Where owners lose value

There is no upside to plan for. If you want a lie-flat seat overseas, these points cannot get you there at any balance.

Where the peak number comes from

• Wanna Get Away fares booked with points
• Companion Pass doubling the value of every redemption

Business cards that earn Southwest Rapid Rewards

• Southwest Rapid Rewards Performance Business — The most direct path to a Companion Pass, which matters more than the point value.

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