Lost luggage reimbursement. If you or an immediate family member check or carry on luggage that is damaged or lost by the carrier, you're covered up to $3,000 per passenger.
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The program includes perks like no blackout dates, no baggage fees or other hidden charges, along with the potential to earn the Southwest Companion Pass®, allows you to choose one family member or friend to fly with you every time you purchase or redeem points for a flight.
60,000 Southwest points are worth around $798 when redeemed for airfare. While Southwest Airlines Rapid Rewards points are most valuable when redeemed for Travel, they're also redeemable for gift cards, hotel stays, merchandise, and more.
How much money does Southwest give you if they lose your luggage? If your luggage is lost, you are owed as much as $3,800 for a domestic flight and $1,850 for an international flight.
Once an airline determines that your bag is lost, the airline is responsible for compensating you for your bags' contents - subject to depreciation and maximum liability limits.
The Chase Sapphire Preferred® Card is one of the most popular travel rewards credit card on the market. Offering an excellent return on travel and dining purchases, the card packs a ton of value that easily offsets its $95 annual fee.