Starting after March 31st Southwest is devaluing their Rapid Rewards frequent flier miles by 17%. Currently award flights cost 60 points per dollar of a fare, after the 31st that is going to to 70 points per dollar of a fare.
For example if a Southwest fare is $200 it will currently require 12,000 miles for a free flight. After the 31st that same $200 flight will cost 14,000 points for a free flight.
If you’re going to be redeeming Rapid Rewards for a flight soon now is the time to book!