How much is Southwest Companion Pass worth? It’s $5,500 and here’s the math.

The Southwest Companion Pass is one of the best airline perks for consumers in the industry. After qualifying for the Companion Pass, the holder simply has to book a flight using points or money, then add his or her companion. All you have to pay for is the security tax of about $5.50 per leg of flight. It doesn’t matter where you’re going, as long as a seat is available — even if it’s the last seat on that flight and it’s a Business Select that costs $800. It’s free. Here’s detailed instructions on how to earn the Southwest Companion Pass using credit card bonuses for 2020 and 2021.

As you can imagine, the value of the Companion Pass (CP) is then at a minimum the same cost as the flight that the CP holder paid.

It’s difficult to value how much the Southwest Companion Pass is worth because it depends greatly on how much you fly each year. So to give you an idea of how much the Southwest Companion Pass was worth to our family, I went and tallied up all our flights for 2019.

Number of Flight LegsTotal PointsTotal DollarsTotal FeesTotal Value
11 (purchased with points)101,159$160$1,758
7 (purchased with dollars)$1,299$1,299
Total saved thanks to Southwest Companion Pass in one year (2019)$3,057

As you can see, for our family, and my specific use case, the value of the Southwest Companion pass was $3,057 in just the year of 2019. The crazy thing is that we had Companion Pass since 2018. When you earn the Companion Pass with Southwest, you get it for the remainder of the year earned AND then the rest of the next calendar year. We earned the Companion Pass in March 2018, so that’s why I value the Companion Pass at $5,500.

What’s amazing is that in 2019, we took advantage of Southwest’s new flights into Hawaii. Using the Companion Pass, we were able to fly 2 people to Maui roundtrip for just $403 taxes and fees inclusive, and then to Honolulu roundtrip for $323 taxes and fees inclusive.

We’re certainly doing everything it takes to get the new Companion Pass for 2020 and 2021. Again, if you haven’t looked at it already, I’ve written fresh instructions on how to earn that sweet Companion Pass.

Safe travels.

Hai /