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Can Southwest travel funds be converted to points?

If you have Southwest flight credits, you'll have the option to convert travel funds into Southwest Rapid Rewards points. Depending on how you plan to use those funds, this may or may not be a good idea. If you plan to book a flight prior to your funds' expiration, converting might not make sense.



Excellent question. This is a common point of confusion for Southwest customers.

The short answer is: No, you cannot directly convert Southwest travel funds (cash value from canceled flights) into Rapid Rewards points.

Here’s a detailed breakdown of how the two systems work and your options:

The Key Difference: Two Separate Currencies

  • Travel Funds: These are essentially a credit for a specific dollar amount tied to your name (or the original traveler’s name). They are not points; they are a form of stored cash value that must be used to pay for the base fare and taxes/fees of a future flight. They have expiration dates (see below).
  • Rapid Rewards Points: These are the loyalty currency earned from flying, using a Southwest credit card, or through partners. They are flexible, don’t expire as long as your account is active, and can be transferred between family members (with limits).

What You CAN Do With Travel Funds:

  1. Book a New Flight: This is their primary purpose. When booking, you can apply travel funds at checkout to pay for all or part of the fare.
  2. Extend Their Value (Indirect “Conversion”): While not a direct transfer, here’s the closest workaround:
    • Use your Southwest Rapid Rewards® Priority Credit Card or other Southwest co-branded cards to pay for a flight.
    • You will earn points for that purchase (as you do on all spending).
    • If you use travel funds to pay for the base fare and your credit card to pay for the taxes/fees (typically $5.60-$22+ per

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No, buying Southwest points is not worth it. Southwest Rapid Rewards points are worth an average of 1.33 cents each, while buying them costs around 3 cents per point, which means you would not be getting a good deal.

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