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Pay airfare or use SW VISA to purchase point?

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Pay airfare or use SW VISA to purchase point?

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Old Jun 20, 2018, 11:14 am
  #1  
Original Poster
 
Join Date: Feb 2012
Programs: Starwood Platinum, National Executive Elite
Posts: 46
Pay airfare or use SW VISA to purchase point?

What's the best option or way to figure out? Just signed up for SW VISA and should have in a few days. Not currently Alist on RR.

I have about 45000 but will need 11500 for family trip. Not sure if I'll have the 40K bonus points in time.
JWAustinVTX is offline  
Old Jun 20, 2018, 11:22 am
  #2  
Original Poster
 
Join Date: Feb 2012
Programs: Starwood Platinum, National Executive Elite
Posts: 46
Looks like buying points to use on wanna get away is quite a bit more. Any advantage to buying points vs. purchasing tickets? Just wanna make sure I'm not missing something
JWAustinVTX is offline  
Old Jun 20, 2018, 12:03 pm
  #3  
nsx
Moderator: Southwest Airlines, Capital One
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Join Date: Sep 1999
Location: California
Programs: WN Companion Pass, A-list preferred, Hyatt Globalist; United Club Lietime (sic) Member
Posts: 21,624
Buying tickets is always cheaper than buying points and redeeming them.

Your Visa bonus will post 2 days after statement date if you meet the spending threshold (not including the annual fee!!) at least 5 days before statement date. If your trip is soon, it may be more expensive by the time your bonus posts.

If you have Chase Ultimate Rewards points you can transfer them to Southwest. If you have Chase Sapphire Reserve you can redeem UR points at 1.5 cents each toward Southwest travel which is even better value, but it requires a phone call.
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Old Jun 20, 2018, 12:03 pm
  #4  
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Join Date: Sep 2002
Location: Chicagoland, IL, USA
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Very seldom will you come out ahead buying points.

toomanybooks is offline  
Old Jun 20, 2018, 8:21 pm
  #5  
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Join Date: Nov 2000
Location: Nashville -Past DL Plat, FO, WN-CP, various hotel programs
Programs: DL-MM, AA, SW w/companion,HiltonDiamond, Hyatt PLat, IHF Plat, Miles and Points Seeker
Posts: 11,072
As said, buying points is often a poor deal. It is sometimes good when someone just needs a bit more for a trip.

The REAL ANSWER though it to just do the math. How many points would it cost to get a ticket, and how much would THOSE points cost? Is that more or less than just paying cash?

As to getting the bonus points with a new card - even if you spend enough this week on the new card, the bonus will not post until AFTER your statement closes. Keep that in mind.

As to getting tickets - no idea how far in future you are talking about, but keep in mind both the lower point and lower dollar seats will go away in time. Waiting might cost you. At least get the tickets you can today. No value or reason to wait at all. (somebody give me a reason)
NoStressHere is offline  
Old Jun 21, 2018, 10:50 am
  #6  
 
Join Date: Jul 2013
Posts: 5,813
If I were planning a family trip and was a little short of points I'd purchase my ticket with cash and use points for the family. That way if you cancel you get to use the TTF and the points go back into your account. That's a better value that buying points, assuming you can use the TTF before it expires. The problem with purchasing tickets for infrequent fliers is the the funds get locked to the name of someone who doesn't fly very often and you may lose the funds.

Also is the original post correct? It looks to me like you have enough points or am I missing something.
rsteinmetz70112 is offline  


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