Or, consider other cards for 50,000 more miles or points that transfer into United miles with additional flexibility for your everyday spending.
$1,000 toward travel or transfer to United, Southwest, and more.
No annual fee, Hilton Honors™ Card from American Express. Terms apply.
The Southwest Rapid Rewards credit cards sometimes offer a limited time balance transfer bonus offer. The bonus is one Southwest Rapid Rewards point per dollar of balance transfers into your new Southwest Rapid Rewards credit card.
But the biggest thing to be aware of…
Southwest Rapid Rewards points are capped out at a value of $1.44 per 100 points. That’s because each $100 in Southwest airfare requires 70 Rapid Rewards points for the best value ‘Wanna Get Away’ fares.
So, by doing the balance transfer you are paying $3 per $100 to earn points worth $1.44.
Let’s use some numbers to make it easier.
In general we discourage carrying a month to month balance on mile credit cards.
If you’re carrying a credit card balance month to month, you will be better off moving your balances using a standard 0% APR balance transfer.
Even then make sure you do the math to make sure it saves you more than the standard 3% transfer fee. Paying down outright is always the best option.
Once your balances are off, start using mile credit cards for your ongoing expenses, and have fun earning points with them.
When you’re not carrying a balance, earning points worth up to $1.44 for every $100 you spend on the Southwest Rapid Rewards credit cards is not a bad deal. It’s better than the 1% cash back you earn on a lot of credit cards. You can also earn Southwest Rapid Rewards points using the Chase Sapphire Preferred® Card which offers instant 1:1 point transfer into your Southwest Rapid Rewards account.
Follow @MileCards on Twitter for the latest updates and new offers
Foreign Transaction Fee Waived
Points Can Transfer to Airline Miles ?
Leave a comment below -- we'll reply shortly -- no need to use your real name. Or, use the email form at the top of the page for private advice.
"These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered."