Win emails to remind that March 30 is the last day to book Southwest award tickets at the ‘old’ rates.
Southwest is reducing the value of its points for their best use, “Wanna Get Away” or discount advance purchase fares.
They gave notice back in September, which is great but long enough ago that the need to act soon may well have fallen off of folks’ radar.
There’s at least some notice given — bookings made March 31 onward will cost 70 points per dollar, rather than the current 60 points per dollar.
With this change each point will become worth 1.42 cents apiece. That’s a 15% hit to the value of Southwest points.
Here’s your strategy. Burn all of your points now on speculative bookings that you might need.
- Even though the number of points required will go up for bookings made March 31 and after, you can book now for future travel as far out as the current schedule goes.
- Award reservations can be cancelled without penalty up to an hour prior to flight.
Given Southwest’s generous award cancellation policies, there’s no reason not to book award tickets you might need now, to lock in better redemption prices. And if you turn out not to need the award, just cancel.