Rapid Rewards points value
May 2, 2012, 7:24 pm
#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: 21,621
a) I can use them to book travel for family members who fly infrequently, getting the equivalent of full refundability with no locking of funds to one passenger name, and
b) I can use 19200 points to create a capacity-controlled award for last-minute travel that would otherwise cost more than $200 each way.
May 3, 2012, 10:03 am
#6
Join Date: Aug 2001
Location: San Diego,CA,USA
Programs: Southwest Companion Pass American Admirals Club Lifetime,IHG Rewards Spire,HHonors Gold
Posts: 1,358
Depends on your situation
For me the RR 1.0 was worth about $20 per credit. It was great when we earned 4 of these on any RT. Then it was reduced to 2 per round trip for fares booked on line. Now with RR2.0,Points are like a cash reward system based on what you spend. A $50 ticket gets you 300 points for a short hauler
Wana Get Away traveler like me. So what once was a $40 rebate becomming
a $20 rebate now is a $5 rebate for taking that one way short haul WGA flight so I would value a point at .016 cents roughly.
That being said. It is no longer about the FF program anymore. Its all about refundable fares,luggage fees,and ticket cost.
The only exception is the Business traveler who flys BS all the time.
Wana Get Away traveler like me. So what once was a $40 rebate becomming
a $20 rebate now is a $5 rebate for taking that one way short haul WGA flight so I would value a point at .016 cents roughly.
That being said. It is no longer about the FF program anymore. Its all about refundable fares,luggage fees,and ticket cost.
The only exception is the Business traveler who flys BS all the time.
Last edited by sanFF; May 3, 2012 at 10:22 am
May 3, 2012, 1:21 pm
#8
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: 21,621
May 3, 2012, 1:35 pm
#9
Join Date: Sep 2011
Location: ORD/MDW
Programs: AA EXP, DL-Plat, WN-CP | Hotels: Choice-Gld, IHG-Plt, Rad-Gld, HH-Dia, Hyatt-Glob, Marriott-LtPlt
Posts: 2,889
May 3, 2012, 1:37 pm
#10
Original Poster
Join Date: Apr 2003
Location: MCI
Programs: AA, DL, WN, HHonors Diamond, IHG Platinum, Marriott, Hyatt
Posts: 249
As the poster above stated, purchase the 36,000 Choice Priv. points on the Daily Getaway for today. You can transfer 6000 CP points to 1800 RR points. So, 36,000 CP = 10,800 RR. The price was $156, but then you subtract 10% off for using an AMEX, it ultimately comes out to 1.3 cpm.
Looks like the promo sold out pretty quickly.
Looks like the promo sold out pretty quickly.
May 3, 2012, 1:52 pm
#11
A FlyerTalk Posting Legend
Join Date: Jul 2002
Location: MCI
Programs: AA Gold 1MM, AS MVP, UA Silver, WN A-List, Marriott LT Titanium, HH Diamond
Posts: 52,565
I value them at approx. 1.8 cents each. I tend to consume them as soon as I have enough for a cheap one-way ticket: the time between the booking of my revenue ticket and the award flight flown by the points earned from that revenue tends to be a year or less.
I tend to use my points for my daughters. While they're A-listers to me, they aren't to Southwest.
I tend to use my points for my daughters. While they're A-listers to me, they aren't to Southwest.
May 3, 2012, 3:34 pm
#12
FlyerTalk Evangelist
Join Date: Sep 2002
Location: Chicagoland, IL, USA
Programs: WN CP, Hilton Diamond
Posts: 14,185
As the poster above stated, purchase the 36,000 Choice Priv. points on the Daily Getaway for today. You can transfer 6000 CP points to 1800 RR points. So, 36,000 CP = 10,800 RR. The price was $156, but then you subtract 10% off for using an AMEX, it ultimately comes out to 1.3 cpm.
Looks like the promo sold out pretty quickly.
Looks like the promo sold out pretty quickly.
Don't forget that the Choice > WN transfer has so far yielded Companion Pass qualifying points, making them worth potentially a LOT more than 1.3 cents each. 21600 WN points is about 20% of the way to a CP, for less than $300. A CP achieved in January is good for 2 years. I know someone who figures he gets almost $5K a year out of the CP.
But those Choice points can be pretty valuable for redemptions in Italy, France, or Japan as well.
Last edited by toomanybooks; May 3, 2012 at 3:46 pm
May 3, 2012, 3:45 pm
#13
Original Poster
Join Date: Apr 2003
Location: MCI
Programs: AA, DL, WN, HHonors Diamond, IHG Platinum, Marriott, Hyatt
Posts: 249
Yep, I got 2 of those packages for a total of 72K Choice points.
Don't forget that the Choice > WN transfer has so far yielded Companion Pass qualifying points, making them worth potentially a LOT more than 1.3 cents each. 21600 WN points is about 20% of the way to a CP, for less than $300.
But those Choice points can be pretty valuable for redemptions in Italy, France, or Japan as well.
Don't forget that the Choice > WN transfer has so far yielded Companion Pass qualifying points, making them worth potentially a LOT more than 1.3 cents each. 21600 WN points is about 20% of the way to a CP, for less than $300.
But those Choice points can be pretty valuable for redemptions in Italy, France, or Japan as well.
May 3, 2012, 5:22 pm
#14
Join Date: Oct 2005
Location: ORD, MDW or MKE
Programs: American and Southwest. Hilton and Marriott hotels primarily.
Posts: 6,459
May 3, 2012, 5:54 pm
#15
Join Date: Dec 2001
Location: Carlsbad,CA USA
Programs: Marriott Bonvoy Titanuim/Lifetime Platinum, Hilton Gold, United Silver
Posts: 1,534
Value of Rapid Rewards 2 points
I was wondering what the value of Rapid Rewards Points are currently when used for Wanna Get Away fares. The difference in fare from anytime to Business Select is $16. There is also the 2000 point promotion for business select fares. So is about 2500 points worth an extra $16.00.