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Re:

Southwest Flight Credits Now Expire: What Changed on May 28, 2025

Southwest flight credits for reservations booked and ticketed or voluntarily changed on or after May 28, 2025 expire after six months or one year, depending on fare. Qualifying older credits remain non-expiring.
From TheFinanceBase Team2 min to read
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Southwest flight credits tied to reservations booked and ticketed, or voluntarily changed, on or after May 28, 2025, have an expiration date. The time limit depends on the fare: Basic credits expire six months from ticketing, while credits for Choice, Choice Preferred, and Choice Extra expire one year from booking and ticketing. Eligible older credits remain non-expiring under Southwest’s transition rules.

What changed about Southwest flight credits?

Southwest’s former no-expiration treatment for flight credits no longer applies to credits associated with covered reservations from May 28, 2025 onward. Flight credits generally result when travel is canceled or a ticket is downgraded, and can be used toward future Southwest travel. The new rule makes the expiration period depend on the fare product.

The change concerns flight credits, not Rapid Rewards points. Southwest’s 2025 Form 10-K says its loyalty points do not expire. Southwest 2025 Form 10-K

How long do credits last by fare?

Fare product Expiration period for covered credits Transfer eligibility
Basic Six months from ticketing Not transferable
Choice One year from booking and ticketing May be transferred once to another Rapid Rewards member. For Choice bookings through Southwest Business, transfer is limited to employees of the same organization.
Choice Preferred One year from booking and ticketing May be transferred once to another Rapid Rewards member.
Choice Extra One year from booking and ticketing May be transferred once to another Rapid Rewards member.

These rules apply to credits associated with reservations booked and ticketed, or voluntarily changed, on or after May 28, 2025. The one-year term is measured from booking and ticketing; the Basic term is measured from ticketing. Southwest 2025 Form 10-K

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Which older credits still do not expire?

Southwest’s transition rule preserves credits issued from July 28, 2022 through May 27, 2025 as non-expiring. That protection also covers certain later-issued credits associated with reservations made before the policy change. May 28, 2025 is therefore not a blanket expiration date for every credit already in a traveler’s account. Southwest 2025 Form 10-K

How to check a particular credit

  1. Check the reservation date. Find out whether the reservation was booked and ticketed, or voluntarily changed, on or after May 28, 2025. The transition rule also protects qualifying credits issued during the July 28, 2022–May 27, 2025 period and certain later credits tied to pre-change reservations.
  2. Identify the fare product. Determine whether the credit is associated with Basic, Choice, Choice Preferred, or Choice Extra.
  3. Read the credit’s terms. Check the specific flight credit for its expiration date and whether it is transferable; do not infer these details from another credit or reservation.

Why the perk change matters

A non-expiring credit gave travelers more time to rebook after canceling or changing plans. With the new rules, the fare chosen for a covered booking determines both the time available to use a resulting credit and whether it can be transferred. Travel + Leisure reported the planned change in April 2025; Southwest’s subsequent 2025 Form 10-K, filed February 5, 2026, confirms the current fare-specific terms and transition protections. Travel + Leisure’s April 15, 2025 report Southwest 2025 Form 10-K

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