Southwest Airlines has a unique policy among US airlines: if the price of your flight drops after you book, you can rebook at the lower price with no change fees. The difference is returned as travel credit (for Wanna Get Away fares) or refunded to your payment method (for Anytime and Business Select fares).

The catch? Southwest does not notify you when prices drop. You have to check manually — and fares can change multiple times per day. Most travelers miss hundreds of dollars in potential savings simply because they do not know to look.

$47
Average savings per fare drop (based on FareDrop user data)

How Southwest Fare Adjustments Work

Unlike most airlines that charge $200+ to change a flight, Southwest's policy is simple:

  1. No change fees. Ever. This applies to all fare types, all routes, all dates.
  2. If the price drops, you keep the difference. Cancel your existing reservation, rebook at the new price, and the fare difference goes back to you.
  3. You can do this unlimited times. Prices fluctuate constantly. You can rebook every time the price drops until the day of departure.

What You Get Back (by Fare Type)

Fare Type Refund Type How Long Valid
Wanna Get Away Travel credit (flight credit) 12 months from original booking
Wanna Get Away Plus Travel credit (transferable) 12 months from original booking
Anytime Cash refund to original payment Immediate
Business Select Cash refund to original payment Immediate
Rapid Rewards Points Points returned to account Immediate

How to Check for a Fare Drop (Manual Method)

Step 1

Log Into Southwest.com

Go to southwest.com and sign into your Rapid Rewards account. Navigate to "My Trips" and find your reservation.

Step 2

Check Current Pricing

Search for the same route and dates as your existing booking. Note the current price for your fare class (Wanna Get Away, Anytime, etc.).

Step 3

Compare to What You Paid

If the current price is lower than what you paid, you have a fare drop. The bigger the difference, the more you save.

Step 4

Cancel and Rebook

Cancel your existing reservation (the full amount goes to travel credit or refund). Then immediately book the same flight at the new lower price. The difference is yours to keep.

Step 5

Repeat Until Departure

Set a reminder to check every few days. Prices can drop multiple times, and you can rebook every time. Some travelers save $100+ on a single trip by catching multiple drops.

The Problem with Manual Monitoring

The manual method works, but it has real downsides:

Automate It with FareDrop

FareDrop monitors your Southwest fares 24/7 and alerts you the moment a price drops. Here is how it works:

  1. Forward your confirmation email to FareDrop
  2. FareDrop monitors the fare continuously, checking multiple times per day
  3. When the price drops, you get an alert with the exact savings amount
  4. One tap to claim — follow the link to rebook on southwest.com

You keep 90% of every fare drop. FareDrop's fee is just 10% of what you save — so you only pay when you actually save money.

Tips to Maximize Your Savings

Never Miss a Southwest Fare Drop

Forward your confirmation email. FareDrop monitors 24/7. You keep 90% of every savings. Only pay when you save.

Try FareDrop

Frequently Asked Questions

Does Southwest refund the difference if a fare drops?
Yes. Cancel and rebook at the lower price. For Wanna Get Away fares, the difference is issued as travel credit. For Anytime and Business Select, you get a cash refund. Rapid Rewards points are returned immediately.
Is there a fee to rebook at a lower price?
No. Southwest charges zero change fees on all fare types. You can rebook as many times as you want with no penalties.
How long is Southwest travel credit valid?
Travel credits are valid for 12 months from the original booking date. You must book new travel within this window, though the actual travel date can be later.
Can I get a cash refund for a fare drop?
For Wanna Get Away fares, the difference is travel credit, not cash. For Anytime and Business Select fares, you get a refund to your original payment method. Points are always refunded immediately.
How often do Southwest fares drop?
It varies by route and season, but fare changes happen multiple times per day across the Southwest network. Based on FareDrop user data, the average monitored trip sees at least one meaningful fare drop before departure.