Convert your Southwest Airlines travel funds (including gift cards till 09/07/2020) to Southwest RR points
Southwest has a potentially great deal going on where if you have your "travel funds" which are expiring September 7, 2022 due to the COVID-19 policy can be converted to Southwest Rapid Reward points at a rate of ~1.28 cent/point. The conversion is available till Dec 15th, 2020, but only for funds expiring on Sept 7, 2022. Though, if you change your previously issued funds expiring Sept 7, 2022 to another ticket, your new expiration date would be 12 months from the date of issue of new ticket and you would lose the ability to convert them to points. You can find more details of the conversion here.
Here are the potential reason's why would you want to do the conversion:
For limited time till 09/07/2020 due to COVID-19 policy of Southwest Airlines any purchased ticket which is cancelled would have travel funds issued with expiration date of Sept 7, 2022. So for now if you have discounted Southwest gift card available then you can potentially convert it to Southwest Rapid Reward Points by purchasing a ticket and then refunding as travel funds expiring on 09/07/22. So, if you have travel funds issued which are expiring on Sept 7, 2022 then now till Dec 15th, 2020 would be a good time to turn them into Rapid Reward points.
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