WN Standard Awards vs RR Points?
#1
Original Poster
Join Date: Jan 2000
Posts: 369
WN Standard Awards vs RR Points?
I am trying to decide whether to transfer my Airtran credits to Standard Awards now, or wait until they are automatically converted to RR points in November.
Here's my understanding:
Standard Awards (transfer A+ credits before Nov. 1)
RR Points (automatic conversion post Nov. 1)
Here are the decision principles I have in mind, but would appreciate any feedback from nsx or others:
Here's my understanding:
Standard Awards (transfer A+ credits before Nov. 1)
- -capacity controlled
- -expire in one year
- +sometimes available for off-peak flights at last minute when cash/RR points cost would be very high
- A WN telephone agent told me that if I needed to cancel a Standard Award reservation, the award would still be available for a future flight before the expiration date
RR Points (automatic conversion post Nov. 1)
- +no capacity control
- +points don't expire
- -Redemption very expensive/poor value for last minute flights
Here are the decision principles I have in mind, but would appreciate any feedback from nsx or others:
- A+ credits expiring before Nov. 1 should be converted to RR credits before Nov. 1. My wife has a few credits expiring in Oct. Since A+ Elite members can transfer credits, I plan to top off her account with enough credits to create a standard award.
- Otherwise I think Standard Awards are useful for last minute travel, but you don't want to create more standard awards than you expect to use within a year.
- To the extent I'm not confident of using the awards within a year, I plan to let them transfer into RR points.
Am I missing something? Thanks
#2
Moderator: Southwest Airlines, Capital One
Join Date: Sep 1999
Location: California
Programs: WN Companion Pass, A-list preferred, Hyatt Globalist; United Club Lietime (sic) Member
Posts: 21,619
The November 1, 2014 end of AirTran's A+ Rewards is rapidly approaching. Consider whether you want to convert any of your points to Standard Awards before then. I have found the capacity-controlled Standard Awards very useful when family members call me with requests to help with last-minute changes in their travel plans.
Even if you decide not to create extra Standard Awards, consider this low-risk tactic. Send just 300 points to AirTran and send that 1/4 credit back to Southwest Rapid Rewards by October 31. That will give you a 1/4 credit "seed" toward a Standard Award. You will then have a 12 month long option (starting the day you created this 1/4 credit) to add 18900 points to create your last Standard Award, which will then be usable for one full year.
Even if you decide not to create extra Standard Awards, consider this low-risk tactic. Send just 300 points to AirTran and send that 1/4 credit back to Southwest Rapid Rewards by October 31. That will give you a 1/4 credit "seed" toward a Standard Award. You will then have a 12 month long option (starting the day you created this 1/4 credit) to add 18900 points to create your last Standard Award, which will then be usable for one full year.
One more observation. When deciding how many Standard Awards you are likely to use, consider the rate at which family members call you with requests to rescue them from their lack of advance planning or their need to retain the flexibility to cancel a trip without locking funds. The former needs Standard Awards, while points are often better for the latter.
#3
Join Date: Jul 2013
Posts: 5,813
Don't forget the Two Step
Before November 1 you can extend Standard Awards and Credits by transferring them between systems. 16 Airtran credits = 2 Standard Award flights with one year expiration from the date of creation of the Standard Award.
Old Standard Awards can be "refreshed" by moving them to Airtran Credits and back.
It is also possible if you have one Standard Award Flight and only 8 Airtran credits to transfer the Award Flight to Airtran then transfer the resulting 16 total credits back to Southwest creating new Standard Award Flights with new expiration dates. With a single (or partial credit) you can "top off" the RR Credits creating a new Standard Award which could be transferred to Airtran, if necessary to extend Airtran Credits by creating a Standard Award.
As to how many Standard Awards you can use, keep in mind that you can use them when you have normal flights and the current indication from recent schedule extensions is that Southwest is raising fares significantly across the board. If this is correct then Standard Awards will be a bargain in many situation, unless Southwest cuts availability.
I kind of expect them to retire Standard Awards sometime in 2015 by a one time conversion to points, but that's merely speculation. They could just wait for all of them to be used or expire which should happen not later than November 2016.
Old Standard Awards can be "refreshed" by moving them to Airtran Credits and back.
It is also possible if you have one Standard Award Flight and only 8 Airtran credits to transfer the Award Flight to Airtran then transfer the resulting 16 total credits back to Southwest creating new Standard Award Flights with new expiration dates. With a single (or partial credit) you can "top off" the RR Credits creating a new Standard Award which could be transferred to Airtran, if necessary to extend Airtran Credits by creating a Standard Award.
As to how many Standard Awards you can use, keep in mind that you can use them when you have normal flights and the current indication from recent schedule extensions is that Southwest is raising fares significantly across the board. If this is correct then Standard Awards will be a bargain in many situation, unless Southwest cuts availability.
I kind of expect them to retire Standard Awards sometime in 2015 by a one time conversion to points, but that's merely speculation. They could just wait for all of them to be used or expire which should happen not later than November 2016.
#4
Original Poster
Join Date: Jan 2000
Posts: 369
Breakeven point?
Thanks for the useful feedback, both in response to my question and your other posts on the board.
Is there a rule of thumb as to the break-even point between using a standard award and paying cash for a ticket? Complicating matters is that I am currently A-list so would earn 1.25X on the paid ticket now, but I won't be able to maintain A-List after this year. \
If I take 300 points for the RR signup bonus to create a 1/4 Airtan credit and then transfer it back to Southwest to seed a Standard Award, don't I risk stranding that credit if not used within a year?
Is there a rule of thumb as to the break-even point between using a standard award and paying cash for a ticket? Complicating matters is that I am currently A-list so would earn 1.25X on the paid ticket now, but I won't be able to maintain A-List after this year. \
If I take 300 points for the RR signup bonus to create a 1/4 Airtan credit and then transfer it back to Southwest to seed a Standard Award, don't I risk stranding that credit if not used within a year?
#5
Join Date: Jul 2013
Posts: 5,813
Is there a rule of thumb as to the break-even point between using a standard award and paying cash for a ticket? Complicating matters is that I am currently A-list so would earn 1.25X on the paid ticket now, but I won't be able to maintain A-List after this year. \
If you do the math I think equivalent ticket price is somewhere around $148.25.
If I take 300 points for the RR signup bonus to create a 1/4 Airtan credit and then transfer it back to Southwest to seed a Standard Award, don't I risk stranding that credit if not used within a year?
#6
Join Date: Apr 2009
Posts: 132
Maybe it is just me but I already have one standard award and I have found it worthless. I will be transferring it back to Airtran so I can just get Southwest points instead. So far when I want to travel would have only been very slightly more expensive on points then the equivalent point cost for a standard award (19,200). Last time I tried to book award travel it was available for just over 21,000 points round trip but no standard awards were available even close to the travel date.
I would think look into availability before anyone considers transferring credits so they can receive standard awards.
I would think look into availability before anyone considers transferring credits so they can receive standard awards.
#7
Moderator: Southwest Airlines, Capital One
Join Date: Sep 1999
Location: California
Programs: WN Companion Pass, A-list preferred, Hyatt Globalist; United Club Lietime (sic) Member
Posts: 21,619
For travel booked far in advance on short to medium distance routes this is essentially correct. To get value from a Standard Award you need either long distance or short notice or both.
#9
Join Date: Jul 2009
Posts: 721
Excellent info here, thanks!
Are there any nuances to be aware of re "buying" an award flight for a relative?
For example (and correct me if I'm mistaken), my RR points can book an award flight for my sister no problem and have benefit to her even beyond the money she would save due to the flight now being completely cancellable without risk. Now let's suppose the one-way cost exceeds 9600 points. What are the caveats to weigh re converting the points to a certificate first?
1. The cert will have a one-year life.
2? Will the cert be permanently assigned to my sister? Or if she cancelled (the flight booked with the cert), would I have use of that cert later?
3? Other nuances that differentiate from RR point redemptions?
Are there any nuances to be aware of re "buying" an award flight for a relative?
For example (and correct me if I'm mistaken), my RR points can book an award flight for my sister no problem and have benefit to her even beyond the money she would save due to the flight now being completely cancellable without risk. Now let's suppose the one-way cost exceeds 9600 points. What are the caveats to weigh re converting the points to a certificate first?
1. The cert will have a one-year life.
2? Will the cert be permanently assigned to my sister? Or if she cancelled (the flight booked with the cert), would I have use of that cert later?
3? Other nuances that differentiate from RR point redemptions?
#10
Join Date: Jul 2013
Posts: 5,813
Excellent info here, thanks!
Are there any nuances to be aware of re "buying" an award flight for a relative?
For example (and correct me if I'm mistaken), my RR points can book an award flight for my sister no problem and have benefit to her even beyond the money she would save due to the flight now being completely cancellable without risk. Now let's suppose the one-way cost exceeds 9600 points. What are the caveats to weigh re converting the points to a certificate first?
1. The cert will have a one-year life.
Are there any nuances to be aware of re "buying" an award flight for a relative?
For example (and correct me if I'm mistaken), my RR points can book an award flight for my sister no problem and have benefit to her even beyond the money she would save due to the flight now being completely cancellable without risk. Now let's suppose the one-way cost exceeds 9600 points. What are the caveats to weigh re converting the points to a certificate first?
1. The cert will have a one-year life.
2? Will the cert be permanently assigned to my sister? Or if she cancelled (the flight booked with the cert), would I have use of that cert later?
3? Other nuances that differentiate from RR point redemptions?
#11
Join Date: Sep 2010
Programs: Avis Preferred Plus
Posts: 622
So the end is near. I requalfied for Elite upto OCt 2015 on Airtran which means my A List will be valid for 2015 once a status check is done by southwest in Nov.
I have 15.5 credits. I am a half credit short to get the roundtrip standard award. What is the best strategy to get that half credit? I have nearly 5000 points in my WN account. Can I buy a half credit of Airtran using some of those points and then use the 16 credits to get a Standard Award on WN? Also, how bad is the availability for standard awards if I usually fly to cities like Philly or Boston.
I have 15.5 credits. I am a half credit short to get the roundtrip standard award. What is the best strategy to get that half credit? I have nearly 5000 points in my WN account. Can I buy a half credit of Airtran using some of those points and then use the 16 credits to get a Standard Award on WN? Also, how bad is the availability for standard awards if I usually fly to cities like Philly or Boston.
#12
Moderator: Southwest Airlines, Capital One
Join Date: Sep 1999
Location: California
Programs: WN Companion Pass, A-list preferred, Hyatt Globalist; United Club Lietime (sic) Member
Posts: 21,619
I have 15.5 credits. I am a half credit short to get the roundtrip standard award. What is the best strategy to get that half credit? I have nearly 5000 points in my WN account. Can I buy a half credit of Airtran using some of those points and then use the 16 credits to get a Standard Award on WN? Also, how bad is the availability for standard awards if I usually fly to cities like Philly or Boston.
#13
Join Date: Sep 2010
Programs: Avis Preferred Plus
Posts: 622
Thanks nsx. Do I transfer them online? Or is it better to do it via phone?
#15
Moderator: Southwest Airlines, Capital One
Join Date: Sep 1999
Location: California
Programs: WN Companion Pass, A-list preferred, Hyatt Globalist; United Club Lietime (sic) Member
Posts: 21,619