Last month, Southwest Airlines and Chase launched an unheard-of promotion for their co-branded credit cards: Anyone who non-stop a personal label and met a spending requirement could get a Companion Pass, good by 2019, and 30,000 Southwest points.
While this is an implausible offer— that has never been accessible before — it’s usually accessible for a few some-more days. To take advantage, we have to request for an authorised label by Feb 11. After that, a Companion Pass will no longer be enclosed in a sign-up bonus, and it might not be done accessible again.
The Southwest Companion pass is mostly seen as a “holy grail” of transport for points-and-miles aficionados and self-described “travel hackers.” When we acquire a Companion Pass, we can name a designated crony or family member to travel with we for free, as prolonged as a pass is valid.
Normally to acquire a Companion Pass, one has to acquire 110,000 subordinate points with Southwest within a calendar year. The pass will afterwards be current for a residue of that calendar year, as good as a entirety of a following one.
Typically, we might be means to acquire some of those subordinate points by opening a credit label and earning a normal sign-up bonus, yet as Chase has combined restrictions on who is authorised — for instance, we can’t only open dual consumer cards during once, acquire a bonuses, and use those points to validate — it’s turn harder to acquire unless you’re a really visit business traveler.
The ability to acquire a Companion Pass quite as a sign-up reward creates it significantly easier to acquire. Should new field strike a smallest spend requirement quickly, signing adult for one credit label can equal 11 months of buy-one-get-one flights. Coupled with rival fares on Southwest, a pass can be used for all from longer vacations to easy, affordable weekends away. While taxes and fees are still charged on Companion tickets, these start during $5.60 for domestic flights, and frequency surpass $20 to $25.
In sequence to accept a bonus, we can’t now reason a personal Southwest credit card, and we can’t have warranted a sign-up reward from a Southwest label in a past 24 months. If we now reason a card, yet warranted a reward from it longer than 24 months ago (or never warranted a bonus), we might be means to tighten that, wait a week or so, and request for a new card.
Southwest and Chase offer 3 personal credit cards. The Southwest Priority Card is a best option for many people because, even yet it has a top annual price of a 3 cards during $149, it offers annual credits and anniversary reward points that are together value during slightest $150, definition a label pays for itself.
However, if you’re passed set opposite an annual price in a three-digit range, a other cards are compelling options, generally with a Companion Pass as a sign-up bonus.
Read on to learn some-more about a 3 personal Southwest cards.
Keep in mind that we’re focusing on a rewards and perks that make these cards good options, not things like seductiveness rates and late fees, that can distant transcend a value of any rewards.
When you’re operative to acquire credit label rewards, it’s critical to use financial discipline, like profitable your balances off in full any month, creation payments on time, and not spending some-more than we can means to compensate back. Basically, provide your credit label like a withdraw card.
Southwest Rapid Rewards Plus credit label
The Rapid Rewards Plus is a bottom turn of a 3 Southwest cards. However, only since it’s a bit reduction featured than a bigger siblings doesn’t meant it’s a bad option.
The card earns 2 times points per dollar spent on Southwest purchases, and one indicate per dollar on all else. You’ll also get 3,000 reward points any year on your card-membership anniversary.
That’s radically a crux of this label — there’s not too most to it. There are, however, a integrate of things value noting.
It has a $69 annual price that isn’t waived a initial year. Of course, a sign-up reward — a Companion Pass for 2019 and 30,000 points — goes a prolonged approach toward creation adult for that, while a anniversary points assistance any year after.
All in all, while a Plus card has a lowest annual fee, it doesn’t offer a ton of value after a initial year. If we wish to acquire Southwest points on your credit card, yet positively wish to compensate a lowest probable annual fee, afterwards this label is substantially a best option. However, if you’re ok with profitable a aloft annual fee, meaningful that you’ll get some-more value from a label than you’ll compensate for that fee, you’re improved off deliberation one of a other two.
Click here to learn some-more about a Southwest Plus label from Insider Picks’ partner: The Points Guy.
Southwest Rapid Rewards Premier credit label
The Premier card is identical to a Plus, with a few enhancements.
The sign-up reward is a same, yet it offers 6,000 anniversary points any year instead of 3,000.
It also offers a ability to acquire tier-qualifying points, that count toward a chosen “A-list” status. You’ll acquire 1,500 tier points any time we spend $10,000 within a calendar year, adult to $100,000 (or 15,000 tier points) per year.
Otherwise, a biggest interest of a Premier over a Plus is that it doesn’t have foreign-transaction fees — if we use your Plus abroad, you’ll be charged an additional 3% on any purchase.
The Premier’s annual price is $99, compared with a $69 price on a Plus, yet a additional anniversary points should generally cover that increase.
Click here to learn some-more about a Southwest Premier label from Insider Picks’ partner: The Points Guy.
Southwest Rapid Rewards Priority credit label
Generally, though, a Priority is a best choice if you’re a Southwest flyer.
That’s because, even yet it has a top price during $149, it offers during slightest $150 in value any year, effectively cancelling out a fee.
The Priority offers 7,500 reward anniversary points any year, as good as an annual $75 Southwest transport credit, that can be practical to purchases like flights. Assuming that Southwest points are value $0.01 any — nonetheless we can usually get some-more value than that — that means that you’re removing $150 of value any year only from these dual benefits, that cancels out a annual fee.
The card also has a few other benefits, including adult to 4 Upgraded Boarding certificates any year, definition we can house progressing and select your seat. You’ll also get 20% behind on in-flight purchases, and a same ability to acquire tier-qualifying points as a Premier card.
Ultimately, as prolonged as you’re peaceful to front a income for a annual fee, a Priority label pays for itself.
However, if you’re positively set opposite a aloft fee, a Plus and a Priority can be good options as well.
Click here to learn some-more about a Southwest Priority label from Insider Picks’ partner: The Points Guy.