Finally hit by RR devaluation
I went to book a flight today and got hit with sticker shock. My $150 flight required 10,000 RR points. Looking online, this devaluation supposedly happened in mid 2018, but until a few weeks ago I was getting about 2 cents per RR point on WGA flights. I can't find anything about people still getting 2 cents until recently or a new 2019 devaluation.
Any idea what happened here? For example, I have a flight I booked in January for mid-march. Cash price was $59, and I used 2517 RR points, ie about the normal 2 cents. Now a $59 flight costs 3242 RR points. That is a very sudden 28% devaluation! All of my SW travel is within California. |
Originally Posted by humesd
(Post 30828327)
I went to book a flight today and got hit with sticker shock. My $150 flight required 10,000 RR points. Looking online, this devaluation supposedly happened in mid 2018, but until a few weeks ago I was getting about 2 cents per RR point on WGA flights. I can't find anything about people still getting 2 cents until recently or a new 2019 devaluation.
Any idea what happened here? For example, I have a flight I booked in January for mid-march. Cash price was $59, and I used 2517 RR points, ie about the normal 2 cents. Now a $59 flight costs 3242 RR points. That is a very sudden 28% devaluation! All of my SW travel is within California. We need more info. City pairs & date? Which fare? And what is the cash cost exclusive of taxes and fees? |
Originally Posted by humesd
(Post 30828327)
For example, I have a flight I booked in January for mid-march. Cash price was $59, and I used 2517 RR points, ie about the normal 2 cents. Now a $59 flight costs 3242 RR points.
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Keep in mind that for a true point valuation comparison, you need to look only at the base fare, exclusive of taxes and fees -- not the advertised "cash fare."
Taxes and fees included with cash fares (but not points redemptions) represent differing proportions of the total cost depending on fare. This makes lower fares seem like a better points "value" than higher ones. EDITED: At the moment, WGA points redemptions cost 78 points per $1. |
Originally Posted by ursine1
(Post 30828920)
At the moment, WGA points redemptions generally cost between 72 and 78 points per $1.
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Originally Posted by ftnoob
(Post 30830466)
Are you sure? Per my recollection and Change in points redemption value: BS/AT/WGA all 78/dollar = 8% devaluation for WGA, the variable points / $ redemptions for WGA was changed to 78 points / $ for all fare classes.
Even after that last devaluation was announced, I know that I was still sometimes finding 76/$1 redemptions available, but a quick spot check now makes it seem everything is 78/$1. I don't believe Southwest ever officially stated that WGA redemptions would be fixed at 78/$1, and, for what it's worth they still note that, "The number of points needed for a particular Southwest® flight is set by Southwest and will vary depending on destination, time, day of travel, demand, fare type, point redemption rate, and other factors..." But here we are. ;) If anyone has any data points showing lower then 78/$1 redemptions those would be interesting to see. (The previous tracking thread hasn't been updated since 2016, prior to the most recent devaluation.) Note: That most recent devaluation was in April of 2018, the one-year anniversary of which we're coming up on. :/ Could Hawaii break 80/$1? |
Originally Posted by ursine1
(Post 30830670)
Could Hawaii break 80/$1? |
Originally Posted by ursine1
(Post 30830670)
Even after that last devaluation was announced, I know that I was still sometimes finding 76/$1 redemptions available, but a quick spot check now makes it seem everything is 78/$1. .... If anyone has any data points showing lower then 78/$1 redemptions those would be interesting to see. (The previous tracking thread hasn't been updated since 2016, prior to the most recent devaluation.) I grabbed some random undesirable cheap fares/itineraries to check. Here is one: Tuesday, April 9, MDW-ATL, 5:45 am. One-way. First flight of the morning. WGA $94 cash (actually $93.50) Breakdown for points:
or ~61.9 points per dollar, effectively. Also found one effectively 58 ppd. For cash:
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Originally Posted by ursine1
(Post 30830670)
If anyone has any data points showing lower then 78/$1 redemptions those would be interesting to see.
|
I saw some last year on what I would consider to be not very desirable flights (if you had to fly as scheduled and didn't use A-List standby or other option) where the points required was less than other flights of the same $ price.
However, I would say that I would not use only the $ chart to determine the points version of a given flight and check both if there is any chance that you wanted to use points versus paying for the ticket. |
Originally Posted by nsx
(Post 30831313)
Southwest toyed with some 60 and even 55 points per dollar early morning and late night flights, but it's been about 2 years since I've seen one of those.
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Originally Posted by humesd
(Post 30828327)
I went to book a flight today and got hit with sticker shock. My $150 flight required 10,000 RR points. Looking online, this devaluation supposedly happened in mid 2018, but until a few weeks ago I was getting about 2 cents per RR point on WGA flights. I can't find anything about people still getting 2 cents until recently or a new 2019 devaluation.
Any idea what happened here? For example, I have a flight I booked in January for mid-march. Cash price was $59, and I used 2517 RR points, ie about the normal 2 cents. Now a $59 flight costs 3242 RR points. That is a very sudden 28% devaluation! All of my SW travel is within California. |
I still see some 64-65 pt/$ redemptions available on limited flights departing before 6 AM available through end of schedule. Check out DEN-LAX.
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Originally Posted by oopsz
(Post 30844600)
I still see some 64-65 pt/$ redemptions available on limited flights departing before 6 AM available through end of schedule. Check out DEN-LAX.
Note: The effective point value on that $113 fare is 63/$1. 7,111 / 63 = $112.87. There are some $59 DEN-LAX fares available closer in for 3,242 points. The base fare on that $59 is $41.56, and 3,242 / 78 = $41.56, so those are also 78 points /$1. The effective point value on that $59 fare is 55/$1. 3,242 / 55 = $58.95. As we've discussed, lower fares have a higher effective point value due to the larger percentage of total fare represented by the taxes and fees which are not collected on points bookings. What we're discussing here is the fixed WGA point conversion value, which appears to remain at 78/$1. https://cimg8.ibsrv.net/gimg/www.fly...a6b58ace0a.jpghttps://cimg9.ibsrv.net/gimg/www.fly...676dd66d66.pnghttps://cimg0.ibsrv.net/gimg/www.fly...46f4a1d9d9.png |
Originally Posted by ursine1
(Post 30845299)
Looks like the lowest DEN-LAX fares the last few months of the schedule are all $113 or 7,111 points. The base fare on that $113 is $91.16, and 7,111 / 78 = $91.17, so those are all still 78 points /$1.
Note: The effective point value on that $113 fare is 63/$1. 7,111 / 63 = $112.87. There are some $59 DEN-LAX fares available closer in for 3,242 points. The base fare on that $59 is $41.56, and 3,242 / 78 = $41.56, so those are also 78 points /$1. The effective point value on that $59 fare is 55/$1. 3,242 / 55 = $58.95. As we've discussed, lower fares have a higher effective point value due to the larger percentage of total fare represented by the taxes and fees which are not collected on points bookings. What we're discussing here is the fixed WGA point conversion value, which appears to remain at 78/$1. https://cimg8.ibsrv.net/gimg/www.fly...a6b58ace0a.jpghttps://cimg9.ibsrv.net/gimg/www.fly...676dd66d66.pnghttps://cimg0.ibsrv.net/gimg/www.fly...46f4a1d9d9.png |
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