You can use Southwest Travel Funds to cover any cash fare within 12 months of the original booking date, applied automatically during checkout.
What exactly are Southwest Travel Funds?
Southwest Travel Funds are non-transferable credits tied to your Rapid Rewards account that appear when you cancel or change a flight to a lower-priced fare.
These credits land in your account automatically and stick around for 12 months from the original ticket purchase date. Unlike LUV Vouchers, you can’t hand these off to your cousin or your best friend—they’re strictly for your use. They’ll cover the base fare and taxes on any future Southwest flight, which makes them pretty handy if your travel plans go sideways. Honestly, this is one of the better perks of flying Southwest. For the full legalese, peek at the Southwest Rapid Rewards terms.
Key details at a glance
| Feature | Details |
|---|---|
| Expiration | 12 months from ticket purchase date |
| Usage limit | Up to 3 Held Funds per passenger per reservation |
| Conversion rate | 1 Rapid Rewards point per $1.28 in Travel Funds |
| Minimum conversion | $100 (78 points) |
| Transferability | Travel Funds: no; LUV Vouchers: yes |
How do I actually use Travel Funds in 2026?
Log in to Southwest.com, select “Use Travel Funds” during checkout, and enter the original ticket number and passenger name to apply the credit toward a new booking.
You can throw these funds at any Southwest cash fare, and whatever’s left over stays in your account as a credit. Need to book over the phone? Call 1-800-I-FLY-SWA or swing by a ticket counter. Just remember, these funds won’t touch award ticket taxes or fees—so if you’re chasing a Companion Pass flight, budget accordingly. As of 2026, the process hasn’t changed from what Southwest outlines in their official guide.
