[Ends Today!] Awesome Use Of Chase Ultimate Reward Points: Save 20% Off Southwest Award Tickets, Reprice Your Previous Tickets!

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Update: This offer ends today!

Originally posted on 3/14:

Save 20% Off Southwest Award Tickets

Use promo code on the flight search page: SAVE20NOW

• Book by 3/16
• Travel by 5/24

You can save 20% off the points rate for Southwest awards. The points rate will vary based on the paid cost of a flight. You can search for flights on sale here.

If you previously purchased Southwest travel, you will want to reprice it now to check if you should cancel and rebook it!

For example a one-way Los Angeles-Las Vegas nonstop flight on 4/16 is $44.98 with tax. It can also be bought for 2,323 points plus $5.60 tax without the code or 1,858 points with the code. 2,323 points gets you a value of $39.38 ($44.98 airfare less the $5.60 tax on the points ticket), imputing a value of 1.7 cents (39.38/2,323) per point without the code. 1,858 points gets you a value of $39.38 ($44.98 airfare less the $5.60 tax on the points ticket), imputing a value of 2.42 cents (44.98/1,858) per point with the code.

If you get a value of 2.42 cents per point, that makes the Ink Unlimited and Ink Cash 90K signup bonuses worth $2,718 each!

Read more about those bonuses endings soon here!

Of course if you also have a Southwest Companion Pass, you’ll get twice as much value out of your points!

• If you, a member in your household, or an authorized user has one of the following Chase cards, you can transfer points into miles:
  • The Chase Sapphire Preferred® Card has a 60K signup bonus, earns 2.1 points per dollar on travel, 3.1 points per dollar on dining, streaming, and online groceries, can transfer all Chase points into miles, and points are worth at least 1.3 cents each for paid travel ($95 annual fee). Read more here.
  • The Chase Sapphire Reserve®® card has a 60K signup bonus, earns 3 points per dollar on dining/travel, can transfer all Chase points into miles, and points are worth at least 1.5 cents each for paid travel ($550 annual fee with $300 travel credit). Read more here.
  • The Ink Business Preferred® Credit Card® Card  earns 3 points per dollar on shipping, advertising, and travel, can transfer all Chase points into miles, and points are worth at least 1.25 cents each for paid travel or pay yourself back categories ($95 annual fee). Read more here.

  Chase no-annual fee cards that are fantastic for earning points, but require one of the cards above for points transfers include:

  • The Ink Business Cash® Credit Card® Card earns 5 points per dollar on cable, TV, telecom, cellular, office supply stores, and gift cards from office supply stores, plus 2 points per dollar on dining and gas ($0 annual fee). Read more here.
  • The Ink Business Unlimited® Credit Card® Card earns 1.5 points per dollar everywhere ($0 annual fee). Read more here.
  • The Chase Freedom Flex℠ Card has a 20K signup bonus, plus 5 points on rotating categories, 5 points per dollar on travel purchased through the Chase Ultimate Rewards portal, and 3 points per dollar on dining and drugstores ($0 annual fee). Read more here.
  • The Chase Freedom Unlimited®® Card earns 3 points per dollar on up to $20K in purchases for 1 year, at least 1.5 points per dollar everywhere, 5 points per dollar on travel purchased through the Chase Ultimate Rewards portal, and 3 points per dollar on dining and drugstores ($0 annual fee). Read more here.

HT: NTorch, via DDF