Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Heads up, this deal has expired. Want to create a deal alert for this item?
expired Posted by bxgirl • May 25, 2024
expired Posted by bxgirl • May 25, 2024

Costco Members: $500 Southwest Airlines eGift Card (Email Delivery)

$430

$450

4% off
Costco Wholesale
54 Comments 30,401 Views
Visit Retailer
Good Deal
Save
Share
Deal Details
Costco Wholesale has for its Members: $500 Southwest Airlines eGift Card (Email Delivery) on sale for $429.99.

Thanks to community member bxgirl for sharing this deal.

Editor's Notes

Written by slickdewmaster | Staff
  • About this deal:
    • Redeem Online, At Ticket Counter Or Call 1-800-I-FLY-SWA
    • Valid Only For Southwest Airlines Flights
    • Delivered Via Email
    • Item is Non-Refundable
    • Limit of 1 Transaction, with a Maximum of 5 Units Per Membership.
    • $20 savings is valid through 5/27/24 or while supplies last.
  • About the store:
    • If you don't have a Costco Warehouse Membership, you can sign-up here

Original Post

Written by bxgirl
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Costco Wholesale has for its Members: $500 Southwest Airlines eGift Card (Email Delivery) on sale for $429.99.

Thanks to community member bxgirl for sharing this deal.

Editor's Notes

Written by slickdewmaster | Staff
  • About this deal:
    • Redeem Online, At Ticket Counter Or Call 1-800-I-FLY-SWA
    • Valid Only For Southwest Airlines Flights
    • Delivered Via Email
    • Item is Non-Refundable
    • Limit of 1 Transaction, with a Maximum of 5 Units Per Membership.
    • $20 savings is valid through 5/27/24 or while supplies last.
  • About the store:
    • If you don't have a Costco Warehouse Membership, you can sign-up here

Original Post

Written by bxgirl

Community Voting

Deal Score
+49
Good Deal
Visit Retailer
Leave a Comment
To participate in the comments, please log in.

Top Comments

$500 @5% yields $25 after 12 months. I can save up to $70 on my flight this year. That method works if savings rates stay high AND you can wait almost 3 years to fly. In addition, I get 2% back from my credit card anyways for this gift card purchase AND your always at the mercy of the airlines!
I mean, how often are you drawing those card benefits? Southwest scans your bags and you can track them via the app. So bag loss is pretty rare/corrected quickly.

Not saying you'll never use these card benefits, but through all my business and personal travels, I've had zero instances of needing any credit card travel benefits. When you account for the immediate 14% savings, the expected value of travel loss is less. So it's a better deal to "gamble" and gain a guaranteed 14% savings vs. the <1% chance of drawing a credit card travel insurance claim, which are pretty limited. You also subtract from the benefit the 14% savings here, further lowering the CC benefit.

54 Comments

Sign up for a Slickdeals account to remove this ad.

May 25, 2024
1,047 Posts
Joined Dec 2005
May 25, 2024
offbeat
May 25, 2024
1,047 Posts
When using these cards, you'll lose all your benefits and protections that your credit card might have.
You will be the mercy of Southwest decisions.
5
May 25, 2024
5 Posts
Joined Nov 2018
May 25, 2024
nevivo
May 25, 2024
5 Posts
Quote from offbeat :
When using these cards, you'll lose all your benefits and protections that your credit card might have.
You will be the mercy of Southwest decisions.
Very true. This is one of the great reason I don't buy any airline gift cards as I have Chase sapphire reserve anyways to avail all great travel benefits!!!
1
May 25, 2024
240 Posts
Joined Apr 2015

This comment has been rated as unhelpful by Slickdeals users.

May 25, 2024
5,759 Posts
Joined Apr 2008
May 25, 2024
joevanni
May 25, 2024
5,759 Posts
Prices on Southwest have increased since they lowered these gift cards. I find better deals with other airliners now, so not worth it to me.
2
May 25, 2024
1,269 Posts
Joined Jan 2010
May 25, 2024
mosd88
May 25, 2024
1,269 Posts
Anyone successfully purchase in-store for the discounted price?
May 25, 2024
12,508 Posts
Joined Dec 2004
May 25, 2024
kensteele
May 25, 2024
12,508 Posts
Quote from offbeat :
When using these cards, you'll lose all your benefits and protections that your credit card might have.
You will be the mercy of Southwest decisions.
Many people pay for tickets for other travelers.
May 25, 2024
200 Posts
Joined Nov 2019
May 25, 2024
StankNasty411
May 25, 2024
200 Posts
Quote from nevivo :
Very true. This is one of the great reason I don't buy any airline gift cards as I have Chase sapphire reserve anyways to avail all great travel benefits!!!
I mean, how often are you drawing those card benefits? Southwest scans your bags and you can track them via the app. So bag loss is pretty rare/corrected quickly.

Not saying you'll never use these card benefits, but through all my business and personal travels, I've had zero instances of needing any credit card travel benefits. When you account for the immediate 14% savings, the expected value of travel loss is less. So it's a better deal to "gamble" and gain a guaranteed 14% savings vs. the <1% chance of drawing a credit card travel insurance claim, which are pretty limited. You also subtract from the benefit the 14% savings here, further lowering the CC benefit.
Last edited by StankNasty411 May 25, 2024 at 10:03 AM.
1

Sign up for a Slickdeals account to remove this ad.

Pro
May 25, 2024
1,364 Posts
Joined Apr 2006
May 25, 2024
INeverPayRetail
Pro
May 25, 2024
1,364 Posts
Quote from Alchemic :
this is a great option if you are about to purchase a ticket, otherwise, put $500 in a high yield savings account and pull from it when you are ready to buy a ticket. plus if you have a 2% back rewards card that $500 ticket is $490
$500 @5% yields $25 after 12 months. I can save up to $70 on my flight this year. That method works if savings rates stay high AND you can wait almost 3 years to fly. In addition, I get 2% back from my credit card anyways for this gift card purchase AND your always at the mercy of the airlines!
May 25, 2024
605 Posts
Joined Aug 2008
May 25, 2024
Psygnius
May 25, 2024
605 Posts
Quote from Alchemic :
this is a great option if you are about to purchase a ticket, otherwise, put $500 in a high yield savings account and pull from it when you are ready to buy a ticket. plus if you have a 2% back rewards card that $500 ticket is $490
Buying a $500 gc is an immediate $70 gain if you were planning on flying with them soon. Plus the 2% return on the credit card you used to purchase the gc applies here too for the $430 value.

It would take around 3 years to get the equivalent of $70 gain in a HYSA at 5% if you invest $430.
May 25, 2024
200 Posts
Joined Nov 2019
May 25, 2024
StankNasty411
May 25, 2024
200 Posts
Quote from Alchemic :
this is a great option if you are about to purchase a ticket, otherwise, put $500 in a high yield savings account and pull from it when you are ready to buy a ticket. plus if you have a 2% back rewards card that $500 ticket is $490
If you have the Costco Executive Membership, you get 2% back on this purchase, plus the standard credit card reward you get from shopping at Costco.

A high yield savings/money market account may yield 5%. This is 14% savings. So even after a year, this deal is still a 9% better deal than a high yield savings account whose interest rate may go down (or up) anywhere from now until anytime in the future.
May 25, 2024
865 Posts
Joined Oct 2007
May 25, 2024
ktlewis02
May 25, 2024
865 Posts
Quote from StankNasty411 :
I mean, how often are you drawing those card benefits? Southwest scans your bags and you can track them via the app. So bag loss is pretty rare/corrected quickly.

Not saying you'll never use these card benefits, but through all my business and personal travels, I've had zero instances of needing any credit card travel benefits. When you account for the immediate 14% savings, the expected value of travel loss is less. So it's a better deal to "gamble" and gain a guaranteed 14% savings vs. the
Seriously. It's also very easy to cancel your flight with SW and you keep the funds for future fares.

I don't understand the concern.
May 25, 2024
3,745 Posts
Joined Jan 2012
May 25, 2024
RedElmo
May 25, 2024
3,745 Posts
Seems to go on sale every week
May 25, 2024
377 Posts
Joined Apr 2021
May 25, 2024
USMC_JESSE
May 25, 2024
377 Posts
Quote from nevivo :
Very true. This is one of the great reason I don't buy any airline gift cards as I have Chase sapphire reserve anyways to avail all great travel benefits!!!
I have a chase saphire reserve but from what I've heard from other users you don't have to pay for the trip completely with these gift cards. You could pay part of it with the reserve and still get the benefits. I haven't really looked too much into it since I don't travel much with Southwest, but I do buy these gift cards to travel in Cali.
May 25, 2024
200 Posts
Joined Nov 2019
May 25, 2024
StankNasty411
May 25, 2024
200 Posts
Quote from USMC_JESSE :
I have a chase saphire reserve but from what I've heard from other users you don't have to pay for the trip completely with these gift cards. You could pay part of it with the reserve and still get the benefits. I haven't really looked too much into it since I don't travel much with Southwest, but I do buy these gift cards to travel in Cali.
From page 40 of Chase Sapphire Reserve's Guide to Benefits: You and Your Family Members are covered when Your name is embossed on an eligible card issued in the United States, and You charge all or a portion of a Common Carrier fare to Your credit cardAccount and/or rewards programs associated with Your Account.

It looks like car rentals are where the issue comes in where the entire fare must be charged. Airlines, from my reading of this document for this card, partial payment is acceptable.

Sign up for a Slickdeals account to remove this ad.

May 25, 2024
178 Posts
Joined May 2009
May 25, 2024
tallassmike
May 25, 2024
178 Posts
Quote from nevivo :
Very true. This is one of the great reason I don't buy any airline gift cards as I have Chase sapphire reserve anyways to avail all great travel benefits!!!
Funny because I just booked a WannaGetAway flight for October and wished I used this gift card (Costco card for 2% back) for it.
That way I can just use the CSR for the hotel stay and rental car instead.

Am I the only one that would think of utilizing both this way?

Popular Deals

View All

Trending Deals

View All