Southwest Rapid Rewards to USD Converter.
Estimate the dollar value of your Southwest Rapid Rewards points.
Based on a valuation of 1.3 cents per point. Actual redemption value varies by booking.
Southwest News
Oct 15, 2026
Southwest Card SUBs Lose Companion Pass Credit
Starting January 1, 2027, Southwest will award Companion Pass benefits based on Tier Qualifying Points, and Rapid Rewards card welcome bonuses, anniversary points and bonus-category points will no longer count. Card purchases will earn 1 TQP per $1. Unlimited Companion Pass trips will take 140,000 TQPs or 100 qualifying one-way flights, and passes earned in 2026 stay valid through December 31, 2027.
Sep 2, 2026
Southwest Plans Lounges and Premium Chase Card
Southwest said on September 2, 2026 that it is building its first airport lounges, at Austin, Baltimore, Honolulu and Nashville, with the first guests expected in late 2027. Access will come through a new premium Southwest Rapid Rewards card from Chase launching in 2027. At least seven more lounges are planned after the first four.