- Southwest has three co-branded personal credit cards: the
Southwest Rapid Rewards Plus Credit Card ($69 annual fee), the
Southwest Rapid Rewards Premier Credit Card ($99 annual fee),
Southwest Rapid Rewards Priority Credit Card ($149 annual
- All three cards just launched elevated sign-up offers that can
get you up to 60,000 points.
- You’ll earn 40,000 points after you spend $1,000 in the first
three months, plus another 20,000 points after you spend $12,000 in
the first 12 months from account opening.
- Southwest has a great benefit called the
Companion Pass, which lets you designate one person to travel
with you for free. You need to earn 110,000 qualifying points to
get this pass, and the points you earn from Southwest credit card
sign-up bonuses count toward that requirement.
Southwest may not have a global route network on par with larger
airlines, but for travel within the US and the Caribbean, it can be
a great option. It has some of the most customer-friendly policies
around, with no baggage fees or change fees, and if you rack up
enough qualifying points, you can even get two-for-one travel with
If you don’t have a Southwest credit card yet but you fly the
airline, it’s worth giving these options a look. Not only do they
offer you airline points on all your spending, but they’re also
offering elevated sign-up bonuses.
Keep in mind that we’re focusing on the rewards and perks that
make these credit cards great options, not things like interest
rates and late fees, which can far outweigh the value of any
When you’re working to earn credit card rewards, it’s important
to practice financial discipline, like paying your balances off in
full each month, making payments on time, and not spending more
than you can afford to pay back. Basically,
treat your credit card like a debit card.
Sign-up offer details
You can earn up to 60,000 Rapid Rewards points with the
airline’s three personal credit cards:
Southwest Rapid Rewards Plus card — $69 annual fee
Southwest Rapid Rewards Premier card — $99 annual fee
Southwest Rapid Rewards Priority card — $149 annual fee
With all three cards, you’ll earn 40,000 points after you spend
$1,000 in the first three months, and another 20,000 points when
you spend $12,000 in the first 12 months. The standard offer for
these cards is 40,000 points, so this is an opportunity to earn
20,000 additional points.
While $12,000 to earn the full 60,000 points may seem like a
lot, that’s in the first year from opening the card, so it averages
out to just $1,000 per month in spending.
Use this offer to work toward the Southwest Companion Pass
Southwest Companion Pass essentially lets you get two-for-one
travel. Once you earn it, you can designate a friend or family
member to fly with you for free (minus taxes and fees) on both paid
Southwest flights and those booked with points.
To get the Companion Pass, you need to earn 110,000 qualifying
points in a calendar year. Points earned from Southwest credit card
bonuses count toward that requirement, so if you sign up for one of
these three cards and meet the spending requirement of $1,000 in
the first three months, you’ll be 40,000 points closer to the
If you meet the second spending requirement of $12,000 in the
first 12 months, you’ll have another 20,000 points, but the quicker
you earn 110,000 qualifying points, the longer you can enjoy the
Once you get the Companion Pass, you’ll be able to use it for
the entire year in which you earned it, along with the entire
following year. So you’ll want to time your qualification for the
Companion Pass to be early in the new year (2020), so you can enjoy
it for almost two years.
To get the rest of the way there, you could open one of
Southwest’s two business credit cards — the
Southwest Rapid Rewards Premier Business Credit Card ($99) or
Southwest Rapid Rewards Performance Business Card ($199.
The Premier Business card is offering a sign-up bonus of 80,000
points after you spend $5,000 in the first three months, and the
Performance Business card is offering a bonus of 60,000 points
after you spend $3,000 in the first three months.
Premier Business card and one of the personal Southwest card
bonuses, you’d easily meet the 110,000 qualifying points
requirement, and with the
Performance Business and a personal card bonus, you’d be just a
few thousand points short (which you could earn through additional
spending or by taking qualifying Southwest points).
You can only have one personal Southwest card at a time, so you
couldn’t open both the Southwest
Premier and Southwest Priority, for example.
Don’t forget about Chase’s 5/24 rule
If you’re interested in any of Southwest’s three personal credit
cards, keep in mind that the card issuer, Chase, has something
called the 5/24
rule, which can restrict your ability to open these cards. If
you’ve opened five or more cards across all banks in the last 24
months, Chase won’t approve you for most of its cards. So it could
be worth prioritizing your applications for these cards over those
from other banks.
here to learn more about the Southwest Rapid Rewards Plus card from
our partner The Points Guy.
Click here to learn more about the Southwest Rapid Rewards Premier
Plus card from our partner The Points Guy.
Click here to learn more about the Southwest Rapid Rewards Priority
card from our partner The Points Guy.
Source: FS – All-Travel destinations-News
3 Southwest credit cards are now offering up to 60,000 points, which can get you halfway to the coveted Companion Pass