![]() Second, I’m rounding all numbers to the nearest $5 to make the calculations easier.įinally, it's worth noting that Southwest occasionally runs promotions to help qualify for elite status - like the current offer through May 31 for double TQPs on paid tickets, TQPs on award tickets and bonus TQPs based on credit card spending. Three final pieces of information: First, since you’ll earn bonus points as an elite member with Southwest, I’m using TPG’s most recent valuations to calculate their value (1.5 cents apiece). You should always modify these details based on how much you plan to travel in 2023 and the types of Southwest tickets you most frequently purchase. I’ll then assume that you spend an average of 7 cents per TQP, which is what you’d average across the year if 10% of your purchases are Business Select tickets, 10% are Anytime fares and the remaining 80% are Wanna Get Away. This analysis assumes that you earn 20% more TQPs than the minimum required for the given level. The Points Guy will not share or sell your email. I would like to subscribe to The Points Guy newsletters and special email promotions. So, adjust our valuations accordingly to fit your own travel needs and how often you expect to use each of these benefits. ![]() It’s also important to note that my analysis is based on earning status and traveling a comparable amount in 2023. For example, if you rarely fly with a companion, you’ll value the Southwest Companion Pass less than a family or group traveler. You should adjust any assumptions I make to fit your travel situation. Related: Battle of the airlines: Why I think Southwest Airlines is the bestīe sure to check out other airlines for a full breakdown of their elite benefits:īefore diving into the Rapid Rewards program, I want to remind you that my valuations below represent a singular way to identify what elite status is worth to a potential traveler. This particular analysis will go through the Southwest Rapid Rewards program in depth to try and answer a simple question: Is it worth pursuing Southwest elite status in 2023? I’ll continue to answer this question by quantifying the value you can get from the major U.S. Is it worth devoting yourself to earning status with a specific airline? But if you’re new to the points and miles hobby, you may wonder just how valuable these perks can be. Editor’s note: This is a recurring post, regularly updated with new information.Īirline elite status benefits can make your travel experience more seamless and enjoyable. ![]()
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