Rapid Rewards 2.0 begins March 1, 2011

Old Jan 13, 11, 10:51 pm
  #766  
 
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Originally Posted by saaws View Post
E) 250,000 miles would yield a standard award for US - East Asia business class on United, granting a last seat availability.
...or with a little advanced planning, more than enough for 2 roundtrip LAX-CEB tickets in J on *A.
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Old Jan 14, 11, 5:03 am
  #767  
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Originally Posted by subdawg View Post
I've been confused by this too...so when will AZChick's CP be good until, provided that she earns the 100th credit on 12/10/11? Will it be valid until 12/10/13? 12/31/13?
12/31/12.

All of the current calendar year and all of the next.
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Old Jan 14, 11, 5:08 am
  #768  
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Originally Posted by saaws View Post
C) 3.3 cents per mile is not the BEST redemption value for international business, rather one of the WORSE redemption value.

E) 250,000 miles would yield a standard award for US - East Asia business class on United, granting a last seat availability. Meaning that it actually is worth easily up to $8,000 for unrestricted J ticket, or at least $4000 for discounted business class ticket. or 5 standard award for any domestic unrestricted economy - $800 each (conservatively) comes out about $4000.
It's highly dependent on the meaning of the word "worth." I have a stamp collection that the standard Scott catalog says is worth thousands. I'd sell it for 10% of that. Or less.

To you a RT in J from US-East Asia may be worth $8000. Cool. To me it might be worth $1000. Or $0, if I can't or don't want to go, especially since I can't sell it to anyone. If airlines start to allow us to sell our FF miles, then we'd be talking.

And if you have a ready Companion, WN looks better. If you don't, I agree, WN may very well not be for you. Everyone's situation is different.

Last edited by toomanybooks; Jan 14, 11 at 5:25 am
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Old Jan 14, 11, 5:32 am
  #769  
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Originally Posted by ScroogeMcFlyer View Post
So I was thinking... many of the "loopholes" for "gaming" have been closed or have changed in the new program... but there are ways to fully maximize the program.

A) Visa card... since points are worth up to 1.66 cents per point on WGA redemptions, its like getting a 1.66% rebate on all your purchases. And with the double points with Southwest purchases, and its hotel and car partners, its like a 3.33% rebate on all those purchases...

B) If you are A+ and buy B.S. fares, you get 24 points per $ plus another 2 if you pay with the SWA Visa. That's 26 points per $. At 1.66c each, that's like a 43% "rebate" on the fare.

C) If you have a Companion Pass, and you redeem for a WGA fare, you get a return of 3.33 cents per point value. That's fairly comparable with the best redemption values on the legacies if you try to redeem for business class overseas.

D) Combine A & B & C (B.S. fare, A+, Visa and CP, redeem for WGA), you'll get an 86% "rebate" on your fares. That's pretty sweet.

E) Thinking about the 250,000 miles I have on legacy airlines, I think I'd rather have RR2.0 points which would get me $4150 worth of ANY WGA flights, not just the ones the airline "wants" me to redeem for. I can't find reasonable awards on the legacies when I want to travel. Usually I find a $300 flight and they won't give it away for 25,000 miles...that frustrates me.
Your analysis looks pretty good to me, but I'd add ftnoob's point: Tickets purchased for business travel are tax-deductible and the Awards are not taxable. So your 86% figure gets even better, to way over 100%. Think of what a high-income CA or NY businessperson might effectively reap with his/her state income tax rate (or especially the spouse of one, who even with minimal income faces a marginal rate including FICA pushing 60%). Too early in the morning for me to calculate precisely, but it's astronomical.

And I imagine there will be "double/triple points" offers and "double TQP" offers and fast-tracks, and so on. The development of WN "points run" discussions is is going to be fun to watch; we might need a new sticky.

The best strategy for a lot of folks will be to use WN for some flights and a legacy airline for others. Some deals mile-wise will be superior, and some points-wise.

Last edited by toomanybooks; Jan 14, 11 at 6:20 am
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Old Jan 14, 11, 8:26 am
  #770  
 
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Originally Posted by toomanybooks View Post
Your analysis looks pretty good to me, but I'd add ftnoob's point: Tickets purchased for business travel are tax-deductible and the Awards are not taxable. So your 86% figure gets even better, to way over 100%. Think of what a high-income CA or NY businessperson might effectively reap with his/her state income tax rate (or especially the spouse of one, who even with minimal income faces a marginal rate including FICA pushing 60%). Too early in the morning for me to calculate precisely, but it's astronomical.

And I imagine there will be "double/triple points" offers and "double TQP" offers and fast-tracks, and so on. The development of WN "points run" discussions is is going to be fun to watch; we might need a new sticky.

The best strategy for a lot of folks will be to use WN for some flights and a legacy airline for others. Some deals mile-wise will be superior, and some points-wise.
Once utterly unthinkable, I might even exchange one of my nice WGA tickets for a BS ticket if they were to present a decent double/triple TQP offer (to get to A-Pref). Holy freakin' moly, have I lost my mind?
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Old Jan 14, 11, 8:50 am
  #771  
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A really cool online calculator for SWA RR 2 rewards

It was inevitable that someone would build an easy to use calculator to determine how much value you will receive under the new Rapid Rewards 2.0 program. This is the calculator that SWA should have on their website, http://www.marsfrequentflyer.com/Southwest.html, I just added it to my bookmarks.

Once you enter in your likely spend on WGA, Anytime, and Business Select, the calculator is really cool in that you can toggle back and forth between Membership levels to see how that affects your reward value as well as how the type of ticket (WGA, Anytime of Business Select) you choose affects your reward value.

VMM
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Old Jan 14, 11, 10:29 am
  #772  
 
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Originally Posted by mile ho View Post
Once utterly unthinkable, I might even exchange one of my nice WGA tickets for a BS ticket if they were to present a decent double/triple TQP offer (to get to A-Pref). Holy freakin' moly, have I lost my mind?
It's ok. Did a couple of mileage runs a couple of years ago when UA offered triple EQM's for fares that booked into F, A, P and ONT - TPA booked directly into First class would net you about 18,000 EQMS + the RDM bonus and elite bonus all for about $600. If you feel the value is there you haven't lost your mind :-)
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Old Jan 14, 11, 10:35 am
  #773  
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Doing some math

So I was looking at an April trip where the WGA fares are sold out. My choices are $195 for Anytime, or $210 for Business Select. I realized that the extra points earned on the BS fare (mostly thanks to the higher multiplier) would be valued at $9.50 if used towards a future WGA ticket. If I consumed the $5 drink, then the differential I'm paying for the priority boarding privileges is just 50 cents.

What if I didn't want the drink, nor did I care about my boarding number. Doing some old fashioned High School algebra, I find that with a fixed upcharge of $15 to move from Anytime to BS, the breaking point is $360. For fares above that, the extra points you earn will exceed the price differential, if you plan to redeem at WGA levels. Of course, if you put a value on the free drink or early boarding, that number drops, but even if you don't, there's no reason to ever buy an Anytime fare over $360, if BS is available.
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Old Jan 14, 11, 12:58 pm
  #774  
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Based on the above math, we can expect the gap between Anytime and BS fares to widen after March 1.
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Old Jan 15, 11, 3:08 pm
  #775  
 
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Originally Posted by nsx View Post
Transition for Companion Pass

During 2011 only, you will qualify or re-qualify for Companion Pass if you meet the criterion under either the old rule or the new ones:
(a) Accrue 100 credits from any source within a rolling 12 months, or
(b) Take 100 or more paid one-way flights or earn 110,000 points from any source in calendar year 2011.

I'll have a good example on how well they implement this in the next month.

My expiration date is 02/28/2011 and I met the 100 point counter mid last year with most of the points coming from a points transfer in Jan'10.

However, that has now rolled off as >12 months ago and I'm now way down to ~20 RRs in the last 12 months.

Many experienced CP'ers know this is just an oddity in the online tracking and how WN syncs up the point counter reset data and new Companion Status timing. If you qualified anytime during your period you will requaliify even if your past 12 months isn't still at 100 on the date yours expires (due to the first month of your counter RRs dropping off).

So under the old system I'd requalify and receive a card about 30 days prior to my status expiring. This would be the end of Jan in my case.

I'm waiting to see if this still happens with the systems transitioning....

You can be sure if I don't get one in the mail by Feb 1st I'll be calling Southwest quickly....
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Old Jan 15, 11, 8:55 pm
  #776  
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I just booked a $59 flight for my wife in April. It says she will earn 1 RR credit.

I am now going to assume that all flights BOOKED after 3/1 will receive the new points. All flights booked before 3/1 will still get the old RR credits.
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Old Jan 15, 11, 9:04 pm
  #777  
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Originally Posted by cxn View Post
I just booked a $59 flight for my wife in April. It says she will earn 1 RR credit.

I am now going to assume that all flights BOOKED after 3/1 will receive the new points. All flights booked before 3/1 will still get the old RR credits.
It's risky to make assumptions about reality based on what the Southwest website tells you.
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Old Jan 15, 11, 9:24 pm
  #778  
 
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Originally Posted by cxn View Post
I just booked a $59 flight for my wife in April. It says she will earn 1 RR credit.

I am now going to assume that all flights BOOKED after 3/1 will receive the new points. All flights booked before 3/1 will still get the old RR credits.
I've noticed that on the site too. One can complain about the accuracy of the booking section, but I take it from the NewRR site that there will be no such thing as earning credits from March 1 on. They make clear that partner credits earned before then but posted later will post as 2.0 points.
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Old Jan 16, 11, 3:13 pm
  #779  
 
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Originally Posted by TravelGuy1965 View Post
I'll have a good example on how well they implement this in the next month.

My expiration date is 02/28/2011 and I met the 100 point counter mid last year with most of the points coming from a points transfer in Jan'10.

However, that has now rolled off as >12 months ago and I'm now way down to ~20 RRs in the last 12 months.

Many experienced CP'ers know this is just an oddity in the online tracking and how WN syncs up the point counter reset data and new Companion Status timing. If you qualified anytime during your period you will requaliify even if your past 12 months isn't still at 100 on the date yours expires (due to the first month of your counter RRs dropping off).

So under the old system I'd requalify and receive a card about 30 days prior to my status expiring. This would be the end of Jan in my case.

I'm waiting to see if this still happens with the systems transitioning....

You can be sure if I don't get one in the mail by Feb 1st I'll be calling Southwest quickly....
Not sure when your "Starting Date" is for your 2010-2011 year ending 2/289/11. It seems if you posted a large batch in Jan 2010. If that was before your counter re-set date (start of new year), then likley will not get the requalification. If after, then probably will get new CP with 12/31/12 expiration date.

Please let us know when notified. Thanks.
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Old Jan 17, 11, 10:21 am
  #780  
 
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need 0.25 credits for 1 award roundtrip

Any suggestions?

Should I try to get the 0.25 credits before March 1, or wait until after RR2.0 comes along.

I don't travel frequently, and don't intend to do so...only thing on my mind is the terms and conditions of the new award trip with RR2.0 versus the old award trip.

Thanks in advance for the advice!
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