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Southwest sale: Get a 20% discount on your next Rapid Rewards redemption

Oct. 18, 2022
3 min read
southwest plane
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Editor’s note: This is a recurring post, regularly updated with new information and offers.


With its two free checked bags and unassigned seats, Southwest’s “transfarency” model appeals to many travelers.

For travelers with Rapid Rewards points, the airline is once again offering 20% off some award redemptions using promo code “SAVE20NOW,” as first reported by One Mile at a Time.

Inside a Southwest Airlines Boeing 737-700. ZACH GRIFF/THE POINTS GUY

20% off select award flights

To qualify for the 20% discount on award flights, your flight booking needs to meet these conditions:

  • Valid on reservations made by Oct. 20.
  • Valid on flights between now and Dec. 15.
  • Book using promo code “SAVE20NOW” or by visiting this page.

Historically, Southwest has had one of the most liberal rebooking policies for its flights. If you hold an award reservation on a flight that would be eligible for the promotion, you should be able to change your booking to take advantage of the 20% discount (if award prices haven’t increased since you booked).

Related: How to change or cancel a Southwest Airlines flight

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Using this promotion

On a $210 flight from LaGuardia Airport (LGA) to Orlando International Airport (MCO), you can expect to spend 11,760 points for a Wanna Get Away fare using this promotion. TPG values Rapid Rewards points at 1.5 cents apiece, so 11,760 Rapid Rewards points are worth $176.40. By using the 20% award promotion, you would be getting roughly 1.9 cents per point.

SOUTHWEST.COM

Or, if you're flying from Austin-Bergstrom International Airport (AUS) to Miami International Airport (MIA), you can purchase Wanna Get Away fares for as low as 12,006 points, or $180.09. That's just over 3,000 points in savings from the original price.

SOUTHWEST.COM

Remember, Southwest Rapid Rewards prices award tickets based on the cash cost of a fare, so you’re unlikely to get more than 1.5 cents per point on any award redemption. That makes this sale appealing to those with a stash of Rapid Rewards points, as it provides a unique opportunity to get more than 1.5 cents per point.

Related: Southwest’s new fare type is here. What to know about ‘Wanna Get Away Plus’

Bottom line

It’s great to see Southwest offer a lucrative points discount on award flights. However, you must act quickly, as you need to book flights within the next two days. Thankfully, Southwest’s flexible booking policies make it easy to cancel and redeposit your points if plans change.

Find your next points redemption sweet spot with the TPG App. Download for free today!

Featured image by ZACH GRIFF/THE POINTS GUY
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.

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TPG featured card

Best for earning alternative rewards for travel purchases
TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
3 / 5
Go to review
Apply for Credit One Bank Wander® Card
at Credit One Bank's secure site

Rewards

1 - 10X points
10XEarn 10x points on eligible hotels and car rentals booked through the Credit One Bank travel partner site
5XEarn 5x points on eligible travel, dining, and gas
1XEarn 1x points on all other purchases

Intro offer

Earn 10,000 Bonus Points
Earn 10,000 bonus points after spending $1,000 on eligible purchases in the first 90 days and redeem for a $100 statement credit, gift cards, or travel

Annual Fee

$95

Recommended Credit

Fair/Good
Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Why We Chose It

The revamped Wander Card from Credit One Bank earns cardmembers up to 10 points per dollar spent on eligible travel purchases. With no foreign transaction fees, the card is also great for international travel. However, points earned from this card can only be used at a fixed value, so it may not be the best option for those striving to get maximum value from their rewards.

Pros

  • This card has no foreign transaction fees and earns up to 10 points per dollar on travel purchases through the Credit One Bank travel partner site.

Cons

  • While cardholders can earn a significant amount of points on travel purchases, there isn't any way to redeem points from the Wander Card for maximum value (beyond 1 cent per point).
  • Earn 10,000 bonus points after spending $1,000 on eligible purchases in the first 90 days and redeem for a $100 statement credit, gift cards, or travel
  • Earn 10x points on eligible hotels and car rentals booked through the Credit One Bank travel site
  • Earn 5x points on eligible travel, dining, and gas
  • Earn 1x points on all other purchases
  • Redeem your reward points for statement credits, gift cards, merchandise, flights, hotels, and more
  • With $0 Fraud Liability, you won’t be responsible for unauthorized charges
  • Free Online Credit Score and Credit Report summary, terms apply
  • If you are a Covered Borrower under the Military Lending Act, you may get a different offer
  • See Rates & Fees
Apply for Credit One Bank Wander® Card
at Credit One Bank's secure site
Terms & restrictions apply. See rates & fees
Best for earning alternative rewards for travel purchases
TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
3 / 5
Go to review

Rewards Rate

10XEarn 10x points on eligible hotels and car rentals booked through the Credit One Bank travel partner site
5XEarn 5x points on eligible travel, dining, and gas
1XEarn 1x points on all other purchases
  • Intro Offer
    Earn 10,000 bonus points after spending $1,000 on eligible purchases in the first 90 days and redeem for a $100 statement credit, gift cards, or travel

    Earn 10,000 Bonus Points
  • Annual Fee

    $95
  • Recommended Credit
    Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

    Fair/Good

Why We Chose It

The revamped Wander Card from Credit One Bank earns cardmembers up to 10 points per dollar spent on eligible travel purchases. With no foreign transaction fees, the card is also great for international travel. However, points earned from this card can only be used at a fixed value, so it may not be the best option for those striving to get maximum value from their rewards.

Pros

  • This card has no foreign transaction fees and earns up to 10 points per dollar on travel purchases through the Credit One Bank travel partner site.

Cons

  • While cardholders can earn a significant amount of points on travel purchases, there isn't any way to redeem points from the Wander Card for maximum value (beyond 1 cent per point).
  • Earn 10,000 bonus points after spending $1,000 on eligible purchases in the first 90 days and redeem for a $100 statement credit, gift cards, or travel
  • Earn 10x points on eligible hotels and car rentals booked through the Credit One Bank travel site
  • Earn 5x points on eligible travel, dining, and gas
  • Earn 1x points on all other purchases
  • Redeem your reward points for statement credits, gift cards, merchandise, flights, hotels, and more
  • With $0 Fraud Liability, you won’t be responsible for unauthorized charges
  • Free Online Credit Score and Credit Report summary, terms apply
  • If you are a Covered Borrower under the Military Lending Act, you may get a different offer
  • See Rates & Fees