AwardWallet receives compensation from advertising partners for links on the blog. Terms Apply to the offers listed on this page. The opinions expressed here are our own and have not been reviewed, provided, or approved by any bank advertiser. Here's our complete list of Advertisers.
Update: Booking window closed on June 9. If you booked your flights by this date, you can travel between August 16 and November 5, 2022.
If you're planning to head to the skies this fall, your Southwest Rapid Rewards points just got a lot more valuable. Southwest is offering 40% off cash and award flights when you use the promo code FALL40 and book flights by June 9, 2022. That means you need to act fast to take advantage of this offer.
Key Terms of This Southwest Promotion
- Book a flight with Southwest Airlines before midnight on June 9, 2022.
- Travel must take place between August 16 and November 5, 2022.
- Use the promo code FALL40 to receive 40% off.
- Only valid on new cash and award tickets.
Southwest doesn't charge change or cancellation fees. So, you can book your flights now even if you're uncertain about your trip. If something comes up, you can cancel or change your tickets later with no penalty.
Unfortunately for travelers that already have travel booked, this discount doesn't apply to changing existing award flights. While you can still change previously-purchased award tickets, the promo code can only be applied to newly-purchased awards. So, you may want to cancel your existing reservation and rebook it with the discount code.
Southwest Rapid Rewards points have a fairly fixed value. Award flights cost between 81 and 83 Southwest points per dollar of the base fare of a revenue flight. That means that when cash fares are cheap, award flights are too. That means this 40% discount just made every Southwest redemption much cheaper as well.
Here are some examples of deals we are finding:
Los Angeles (LAX) to San Francisco (SFO) for 1,361 points one-way
Los Angeles (LAX) to Las Vegas (LAS) for 1,592 points one-way
Atlanta (ATL) to Orlando (MCO) for 3,446 points one-way
New York LaGuardia (LGA) to Chicago Midway (MDW) for 3,677 points one-way
It's nice to see these deals offered by airlines—especially on a revenue-based frequent flyer program such as Southwest Rapid Rewards. If you need more Southwest points for a redemption, you can transfer Chase Ultimate Rewards to Southwest at a 1:1 transfer ratio. AwardWallet testing shows that transfers are typically instantaneous.
While it won't help you with this promotion, you can stock up on Ultimate Rewards points by signing up for the Chase Sapphire Preferred® Card—which is currently offering a 60,000-point bonus after you spend $4,000 on purchases in the first 3 months from account opening.
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
- Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
- With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
- 5X points on Lyft rides through March 2022
- 5X points on travel purchased through Chase
- 3X points on dining at restaurants worldwide
- 3X points on eligible streaming services
- 3X points on online grocery purchases (excluding Target, Walmart, and wholesale clubs)
- 2X points on all other travel
- 1X point per dollar spent on all other purchases
The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.