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Here's what to know."/><meta property="og:title" content="Southwest Rapid Rewards is introducing new Cash + Points redemption - The Points Guy"/><meta property="og:description" content="Southwest Airlines is rolling out a new way to redeem Southwest Rapid Rewards with cash, offering a new Cash + Points redemption option. Here's what to know."/><meta property="og:url" content="https://thepointsguy.com/news/southwest-rapid-rewards-cash-and-points/"/><meta property="og:type" content="article"/><meta property="article:published_time" content="2024-04-23T20:30:56.000Z"/><meta property="article:modified_time" content="2024-04-23T19:55:49.000Z"/><meta property="article:author" content="Augusta Stone"/><meta property="article:section" content="News"/><meta property="og:image" content="https://thepointsguy.global.ssl.fastly.net/us/originals/2022/09/Planes-Zach-Griff-47.jpg"/><meta property="og:image:alt" content="Southwest Airlines is rolling out a new way to redeem Southwest Rapid Rewards with cash, offering a new Cash + Points redemption option. 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tooltip"><button on="tap:tooltip-byline" class="jsx-431999578 triggerText"><span class="jsx-431999578 triggerText">Augusta Stone</span></button><div class="jsx-431999578 dialog false undefined"><div class="jsx-431999578"><div class="jsx-416730657 authorDialog"><div class="jsx-416730657 contact"><div class="jsx-416730657 avatar"><span style="box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:100%"></span><img alt="Augusta Stone" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="responsive" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="Augusta Stone" loading="lazy" decoding="async" data-nimg="responsive" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" sizes="100vw" srcSet="/_next/image/?url=https%3A%2F%2Fthepointsguy.global.ssl.fastly.net%2Fus%2Foriginals%2F2023%2F11%2FStoneAugusta.jpeg&w=640&q=75 640w, /_next/image/?url=https%3A%2F%2Fthepointsguy.global.ssl.fastly.net%2Fus%2Foriginals%2F2023%2F11%2FStoneAugusta.jpeg&w=750&q=75 750w, /_next/image/?url=https%3A%2F%2Fthepointsguy.global.ssl.fastly.net%2Fus%2Foriginals%2F2023%2F11%2FStoneAugusta.jpeg&w=828&q=75 828w, /_next/image/?url=https%3A%2F%2Fthepointsguy.global.ssl.fastly.net%2Fus%2Foriginals%2F2023%2F11%2FStoneAugusta.jpeg&w=1080&q=75 1080w, /_next/image/?url=https%3A%2F%2Fthepointsguy.global.ssl.fastly.net%2Fus%2Foriginals%2F2023%2F11%2FStoneAugusta.jpeg&w=1200&q=75 1200w, /_next/image/?url=https%3A%2F%2Fthepointsguy.global.ssl.fastly.net%2Fus%2Foriginals%2F2023%2F11%2FStoneAugusta.jpeg&w=1920&q=75 1920w, /_next/image/?url=https%3A%2F%2Fthepointsguy.global.ssl.fastly.net%2Fus%2Foriginals%2F2023%2F11%2FStoneAugusta.jpeg&w=2048&q=75 2048w, /_next/image/?url=https%3A%2F%2Fthepointsguy.global.ssl.fastly.net%2Fus%2Foriginals%2F2023%2F11%2FStoneAugusta.jpeg&w=3840&q=75 3840w" src="/_next/image/?url=https%3A%2F%2Fthepointsguy.global.ssl.fastly.net%2Fus%2Foriginals%2F2023%2F11%2FStoneAugusta.jpeg&w=3840&q=75"/></noscript></span></div><div class="jsx-416730657 nameTitle"><a href="/author/astone/" style="font-size:14px" class="jsx-416730657 authorName">Augusta Stone</a><div class="jsx-416730657 role">Associate credit cards writer</div></div></div><div class="jsx-416730657"><span class="jsx-416730657 bio">Augusta Stone is an associate credit cards writer for TPG. She joined the TPG team in 2023 and is excited to take fellow points and miles beginners with her on a journey toward maximizing rewards. </span></div></div><div class="jsx-431999578 pointer"></div></div></div></div></div></div><div class="jsx-3122506519 temporal"><div class="jsx-3122506519">April 23, 2024</div><div class="jsx-3122506519">•</div><div class="jsx-3122506519">4 min read</div></div><div class="jsx-3090580028 featuredImageWithToc"><span style="box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:absolute;top:0;left:0;bottom:0;right:0"><img alt="Southwest Boeing 737 Kansas City" sizes="100vw" srcSet="https://thepointsguy.global.ssl.fastly.net/us/originals/2022/09/Planes-Zach-Griff-47.jpg?width=640 640w, https://thepointsguy.global.ssl.fastly.net/us/originals/2022/09/Planes-Zach-Griff-47.jpg?width=750 750w, 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label">Email</div></a></li></ul></div></div></div><div class="jsx-de4115f42c48e362 jsx-2927102002 progress"></div></div></div><div aria-hidden="true" class="jsx-de4115f42c48e362 jsx-2927102002 backdrop"></div><div class="jsx-1875764269 Article_parallel__sFvdV"><div class="jsx-1875764269 Article_contentWithToc__nGpJi"><div class="jsx-2099115934 topElements"><div class="jsx-611272369 topDisclaimer">The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our <a href="/advertising-policy/" class="jsx-611272369">advertising policy</a> and <a href="/review-methodology/" class="jsx-611272369">product review methodology</a> for more information.</div></div><div class="jsx-2309406147 body articlePage"><div class="Mobiledoc"><p><a href="https://thepointsguy.com/airline/southwest-airlines/" rel="noopener" target="_blank">Southwest Airlines</a> is rolling out a new option for redeeming your <a href="https://thepointsguy.com/points-program/southwest/" rel="noopener" target="_blank">Southwest Rapid Rewards</a> points.</p><p>As of Monday, the Dallas-based carrier now offers <a href="https://www.southwest.com/rapid-rewards/cash-plus-points/" rel="noopener" target="_blank">Cash + Points redemptions</a> — the option to redeem a combination of cash and Rapid Rewards points toward your Southwest flight.</p><p>Southwest <a href="https://www.southwest.com/rapid-rewards/cash-plus-points/">noted in the FAQ section</a> for the feature that not all Rapid Rewards members will have the option available to them during this initial rollout. So be sure to <a href="https://www.southwest.com/loyalty/myaccount/" rel="noopener" target="_blank">check your Rapid Rewards account</a> to see if you've been given early access to this feature.</p><p>Here's what to know about Rapid Rewards Cash + Points:</p><figure class="jsx-1853040249 tpg-figure"><div style="padding-top:0" class="jsx-36530878 full-width-auto-height-image"><span style="box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:66.6875%"></span><img alt="" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="responsive" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="" loading="lazy" decoding="async" data-nimg="responsive" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" sizes="100vw" srcSet="https://thepointsguy.global.ssl.fastly.net/us/originals/2023/02/SOUTHWEST-AIRLINES_STOCK-IMAGES_1.jpg?width=640 640w, https://thepointsguy.global.ssl.fastly.net/us/originals/2023/02/SOUTHWEST-AIRLINES_STOCK-IMAGES_1.jpg?width=750 750w, https://thepointsguy.global.ssl.fastly.net/us/originals/2023/02/SOUTHWEST-AIRLINES_STOCK-IMAGES_1.jpg?width=828 828w, https://thepointsguy.global.ssl.fastly.net/us/originals/2023/02/SOUTHWEST-AIRLINES_STOCK-IMAGES_1.jpg?width=1080 1080w, https://thepointsguy.global.ssl.fastly.net/us/originals/2023/02/SOUTHWEST-AIRLINES_STOCK-IMAGES_1.jpg?width=1200 1200w, https://thepointsguy.global.ssl.fastly.net/us/originals/2023/02/SOUTHWEST-AIRLINES_STOCK-IMAGES_1.jpg?width=1920 1920w, https://thepointsguy.global.ssl.fastly.net/us/originals/2023/02/SOUTHWEST-AIRLINES_STOCK-IMAGES_1.jpg?width=2048 2048w, https://thepointsguy.global.ssl.fastly.net/us/originals/2023/02/SOUTHWEST-AIRLINES_STOCK-IMAGES_1.jpg?width=3840 3840w" src="https://thepointsguy.global.ssl.fastly.net/us/originals/2023/02/SOUTHWEST-AIRLINES_STOCK-IMAGES_1.jpg?width=3840"/></noscript></span></div><figcaption class="jsx-1853040249 figcaption">SOUTHWEST AIRLINES</figcaption></figure><a id="what-is-southwest-rapid-rewards-cash-points" class="jsx-2362441780 anchor"></a><h2 class="jsx-2362441780">What is Southwest Rapid Rewards Cash + Points?</h2><p>Cash + Points is a new redemption option for Rapid Rewards members. Essentially, it's a payment option to use a chunk of points toward a portion of a flight and finish covering the rest of the cost of the plane ticket with cash.</p><p>Rapid Rewards members will now see up to five Cash + Points options when booking a flight. These redemptions will start for as few as 1,000 points.</p><p>It's important to note that you won't earn Rapid Rewards points, tier qualifying points for <a href="https://thepointsguy.com/guide/what-is-southwest-elite-status-worth/" rel="noopener" target="_blank">A-List or A-List Preferred status</a>, or <a href="https://thepointsguy.com/credit-cards/earn-southwest-companion-pass-new-year/" rel="noopener" target="_blank">Companion Pass</a> qualifying points on Cash + Points bookings, so keep that in mind if you're considering this redemption.</p><a id="how-to-book-southwest-flights-with-cash-points" class="jsx-2362441780 anchor"></a><h2 class="jsx-2362441780">How to book Southwest flights with Cash + Points</h2><p>To book a flight, first log in to your Rapid Rewards account and search for an itinerary through <a href="https://www.southwest.com/" rel="noopener" target="_blank">Southwest's website</a> or app. After you select your flight, choose "Cash + Points" as your payment option.</p><figure class="jsx-1853040249 tpg-figure"><div style="padding-top:0" class="jsx-36530878 full-width-auto-height-image"><span style="box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:63.00518134715026%"></span><img alt="" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="responsive" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="" loading="lazy" decoding="async" data-nimg="responsive" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" sizes="100vw" srcSet="https://thepointsguy.global.ssl.fastly.net/us/originals/2024/04/Screenshot-2024-04-23-at-12.30.59%E2%80%AFPM.png?width=640 640w, https://thepointsguy.global.ssl.fastly.net/us/originals/2024/04/Screenshot-2024-04-23-at-12.30.59%E2%80%AFPM.png?width=750 750w, https://thepointsguy.global.ssl.fastly.net/us/originals/2024/04/Screenshot-2024-04-23-at-12.30.59%E2%80%AFPM.png?width=828 828w, https://thepointsguy.global.ssl.fastly.net/us/originals/2024/04/Screenshot-2024-04-23-at-12.30.59%E2%80%AFPM.png?width=1080 1080w, https://thepointsguy.global.ssl.fastly.net/us/originals/2024/04/Screenshot-2024-04-23-at-12.30.59%E2%80%AFPM.png?width=1200 1200w, https://thepointsguy.global.ssl.fastly.net/us/originals/2024/04/Screenshot-2024-04-23-at-12.30.59%E2%80%AFPM.png?width=1920 1920w, https://thepointsguy.global.ssl.fastly.net/us/originals/2024/04/Screenshot-2024-04-23-at-12.30.59%E2%80%AFPM.png?width=2048 2048w, https://thepointsguy.global.ssl.fastly.net/us/originals/2024/04/Screenshot-2024-04-23-at-12.30.59%E2%80%AFPM.png?width=3840 3840w" src="https://thepointsguy.global.ssl.fastly.net/us/originals/2024/04/Screenshot-2024-04-23-at-12.30.59%E2%80%AFPM.png?width=3840"/></noscript></span></div><figcaption class="jsx-1853040249 figcaption">SOUTHWEST.COM</figcaption></figure><p>You will see up to five options to pay with a combination of Rapid Rewards points and cash, totaling out to the value of your ticket. Note that you'll need at least 1,000 Rapid Rewards points to book with Cash + Points.</p><div class=" EmailSignUp_container__qYzYT undefined EmailSignUp_isLoading__i_qm0 "><picture class="EmailSignUp_graphic__zgpFm"><source media="screen and (max-width: 767px)" srcSet="/images/EmailSignUp/daily-mob.svg"/><img alt="" src="/images/EmailSignUp/daily-dt.svg"/></picture><div class="EmailSignUp_form__C8FWb"><div class="EmailSignUp_label__fKFKM">Daily Newsletter</div><div class="EmailSignUp_heading__9Nmt4">Reward your inbox with the TPG Daily newsletter</div><div class="EmailSignUp_description__uBGT6">Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts</div><form class="jsx-1071010234 newsletter-form"><div class="jsx-1071010234 newsletter-form__input EmailCapture_instanceArticle__Ahmj_ instanceHomepageNLSignup"><div class="jsx-3240391286 Input_containerGray__8NCcO Article tw-rounded-lg"><input data-label="Email address" id="Article" name="email" placeholder=" " required="" type="email" class="jsx-3240391286 Input_field__nVOw6"/><label for="Article" class="jsx-3240391286 Input_placeholder__yjvvV">Email address</label></div><span><div class="jsx-1071010234 tw-flex tw-h-full tw-items-center tw-justify-center"><button class="tw-heading-10 tw-inline-flex tw-max-h-12 tw-min-h-10 tw-items-center tw-justify-center tw-gap-3 tw-whitespace-nowrap tw-rounded-full tw-px-6 tw-py-2 tw-transition-colors disabled:tw-pointer-events-none tw-bg-cta-blue tw-text-white tw-outline-2 tw-outline-offset-1 tw-outline-cta-blue hover:tw-bg-cta-hover hover:tw-text-white focus:tw-outline disabled:tw-bg-gray-3 tw-w-full tw-border-none">Sign up</button></div></span></div><div class="jsx-1071010234 EmailCapture_confirmation__xasB3 EmailCapture_noCheckbox__n4fsN "><div style="align-items:center" class="jsx-3584303912 legalText legalText-B"><span class="jsx-3584303912">By signing up, you will receive newsletters and promotional content and agree to our <a href="/terms-of-use/" target="_blank" class="jsx-3584303912">Terms of Use</a> and acknowledge the data practices in our <a href="/privacy-policy/" target="_blank" class="jsx-3584303912">Privacy Policy</a>. You may unsubscribe at any time.</span></div></div></form></div></div><p>If you're more of a visual learner, Southwest released a <a href="https://www.youtube.com/watch?v=Nl1lkZPEMkA" rel="noopener" target="_blank">video demonstrating how to book</a> with Cash + Points.</p><a id="is-using-southwests-cash-points-a-good-deal" class="jsx-2362441780 anchor"></a><h2 class="jsx-2362441780">Is using Southwest's Cash + Points a good deal?</h2><p><a href="https://thepointsguy.com/guide/monthly-valuations/" rel="noopener" target="_blank">TPG values</a> Southwest points at 1.37 cents each; therefore, redeeming your Southwest points to pay for a fraction of your trip is not the best redemption option. For example, if you redeem 3,320 points, you'll only receive $20 off your plane ticket when using Cash + Points as your redemption option. However, TPG values 3,320 points at about $45, which means you'll be getting far less value for those points.</p><p>Overall, we think it's best to save your points for one big redemption instead of using the Cash + Points option.</p><a id="bottom-line" class="jsx-2362441780 anchor"></a><h2 class="jsx-2362441780">Bottom line</h2><p>Southwest is introducing another way for Rapid Rewards members to save on the cash price of a ticket. It will allow members with a lower number of Rapid Rewards points or those who are trying not to use them all in one place to redeem a portion of their points for a flight and finish paying with cash.</p><p>However, the inability to earn more Rapid Rewards points on Cash + Points redemptions, as well as the lack of tier qualifying points and Companion Pass qualifying points, could make this a less advantageous option for those trying to stack up Rapid Rewards points — especially since they are among the <a href="https://thepointsguy.com/guide/keep-points-and-miles-from-expiring/" rel="noopener" target="_blank">airline currencies that don't expire</a>.</p><p>Also, access to the Cash + Points feature is currently limited while Southwest is rolling it out, so you may not have the option yet. Be sure to <a href="https://www.southwest.com/loyalty/myaccount/" rel="noopener" target="_blank">log in to your Rapid Rewards account</a> in the coming days to see when you're able to book with Cash + Points.</p><p><b>Related reading:</b></p><ul><li><a href="https://thepointsguy.com/guide/southwest-rapid-rewards/" rel="noopener" target="_blank">Your complete guide to maximizing Southwest Rapid Rewards</a></li><li><a href="https://thepointsguy.com/credit-cards/southwest/" rel="noopener" target="_blank">The best Southwest Airlines credit cards</a></li><li><a href="https://thepointsguy.com/credit-cards/earn-southwest-companion-pass-new-year/" rel="noopener" target="_blank">How to quickly earn the Southwest Companion Pass</a></li><li><a href="https://thepointsguy.com/guide/what-is-southwest-elite-status-worth/" rel="noopener" target="_blank">Southwest A-List status: What it is and how to earn it</a></li><li><a href="https://thepointsguy.com/credit-cards/best-cards-airfare-purchases/" rel="noopener" target="_blank">Maximize your airfare: The best credit cards for booking flights</a></li><li><a href="https://thepointsguy.com/credit-cards/best-credit-cards-elite-status/" rel="noopener" target="_blank">The best credit cards to reach elite status</a></li><li><a href="https://thepointsguy.com/guide/change-cancel-southwest-airlines-flight/" rel="noopener" target="_blank">How to change or cancel a Southwest Airlines flight</a></li></ul></div></div><div class="jsx-3814564231 featuredImageCredit">Featured image by ZACH GRIFF/THE POINTS GUY</div><div class="jsx-3000030127 bottomDisclaimer">Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.</div></div></div><div class="jsx-1875764269"></div><div class="jsx-1875764269 Article_featuredCard__qbV9G"></div></article></main><footer class="Footer_footer__OYoYH" 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So be sure to "],[0,[4],1,"check your Rapid Rewards account"],[0,[],0," to see if you've been given early access to this feature."]]],[1,"p",[[0,[],0,"Here's what to know about Rapid Rewards Cash + Points:"]]],[10,0],[10,1],[10,2],[1,"p",[[0,[],0,"Cash + Points is a new redemption option for Rapid Rewards members. Essentially, it's a payment option to use a chunk of points toward a portion of a flight and finish covering the rest of the cost of the plane ticket with cash."]]],[1,"p",[[0,[],0,"Rapid Rewards members will now see up to five Cash + Points options when booking a flight. These redemptions will start for as few as 1,000 points."]]],[1,"p",[[0,[],0,"It's important to note that you won't earn Rapid Rewards points, tier qualifying points for "],[0,[5],1,"A-List or A-List Preferred status"],[0,[],0,", or "],[0,[6],1,"Companion Pass"],[0,[],0," qualifying points on Cash + Points bookings, so keep that in mind if you're considering this redemption."]]],[10,3],[1,"p",[[0,[],0,"To book a flight, first log in to your Rapid Rewards account and search for an itinerary through "],[0,[7],1,"Southwest's website"],[0,[],0," or app. After you select your flight, choose \"Cash + Points\" as your payment option."]]],[10,4],[1,"p",[[0,[],0,"You will see up to five options to pay with a combination of Rapid Rewards points and cash, totaling out to the value of your ticket. Note that you'll need at least 1,000 Rapid Rewards points to book with Cash + Points."]]],[1,"p",[[0,[],0,"If you're more of a visual learner, Southwest released a "],[0,[8],1,"video demonstrating how to book"],[0,[],0," with Cash + Points."]]],[10,5],[1,"p",[[0,[9],1,"TPG values"],[0,[],0," Southwest points at 1.37 cents each; therefore, redeeming your Southwest points to pay for a fraction of your trip is not the best redemption option. For example, if you redeem 3,320 points, you'll only receive $20 off your plane ticket when using Cash + Points as your redemption option. However, TPG values 3,320 points at about $45, which means you'll be getting far less value for those points."]]],[1,"p",[[0,[],0,"Overall, we think it's best to save your points for one big redemption instead of using the Cash + Points option."]]],[10,6],[1,"p",[[0,[],0,"Southwest is introducing another way for Rapid Rewards members to save on the cash price of a ticket. It will allow members with a lower number of Rapid Rewards points or those who are trying not to use them all in one place to redeem a portion of their points for a flight and finish paying with cash."]]],[1,"p",[[0,[],0,"However, the inability to earn more Rapid Rewards points on Cash + Points redemptions, as well as the lack of tier qualifying points and Companion Pass qualifying points, could make this a less advantageous option for those trying to stack up Rapid Rewards points — especially since they are among the "],[0,[10],1,"airline currencies that don't expire"],[0,[],0,"."]]],[1,"p",[[0,[],0,"Also, access to the Cash + Points feature is currently limited while Southwest is rolling it out, so you may not have the option yet. 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