Frequently fly Southwest Airlines? Here’s a card you may be interested in.
When you sign up for a Southwest Rapid Rewards® Premier Credit Card, you will earn Companion Pass and 30,000 points after you spend $4,000 on purchases in the first 3 months. Offer ends 2/11/19. Companion Pass is promotional and will be valid through 12/31/19.
Additionally, you will receive 6,000 bonus points after your card member anniversary. If you want to find out more about what this card has to offer and how it may be a good fit for you, continue reading below.
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Southwest Rapid Rewards Premier Credit Card Summary
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|With the Southwest Rapid Rewards® Premier Credit Card:
-Earn Companion Pass and 30,000 points after you spend $4,000 on purchases in the first 3 months. Offer ends 2/11/19. Companion Pass is promotional and will be valid through 12/31/19.
-Every time you fly, they fly free of airline charges* for the rest of 2019. *Does not include taxes and fees from $5.60 one-way -6,000 bonus points after your Cardmember anniversary
-2 points per $1 spent on Southwest® purchases and Rapid Rewards® Hotel and Car Rental Partner purchases
-1 point per $1 spent on all other purchases
-Earn unlimited points that don't expire as long as your card account is open
-No foreign transaction fees
-No blackout dates or seat restrictions
The Southwest Rapid Rewards Premier earns 2 points per every $1 spent with Southwest Airlines and Rapid Rewards hotel and car rental partners. Southwest purchases include Southwest airfare, vacation packages, in-flight food and drinks, and others, provided they’re made directly with Southwest and not through a third-party booking site.
For all other purchases, you earn 1 point per every $1 spent. There’s no limit on how much you can earn, and your points don’t expire as long as your account is open. Plus, enjoy unlimited reward seats and no blackout dates.
Redeem your acquired points for flights, gift cards, merchandise, car rentals, and more. The best way to redeem your points is for airfare, with no blackout dates or seat restrictions. Redemptions typically start at 5,000 for one-way flights and 10,000 for round-trip flights, but they’re subject to change per flight.
Points are worth one cent apiece when you redeem for flights, but they can be worth up to 2 cents apiece, depending on time, date, and season of your flight and other factors. Short-haul flights will generally offer better value. Southwest regularly adjusts the number of points required to redeem a particular flight, so YMMV.
The Southwest Rapid Rewards® Premier Credit Card comes with standard travel and purchase protections. These include free first and second checked bags, lost luggage reimbursement, purchase protection, and extended warranty protection. Here are some more perks that the card offers:
Tier Qualifying Point Earnings: This card earns 1,500 bonus Tier Qualifying Points, which are Rapid Rewards points not earned through credit card sign-up bonuses or partner purchases, for every $10,000 spent. You can earn up to 15,000 Tier Qualifying Points per year through this method, and an unlimited number of additional Tier Qualifying Points by paying cash for Southwest Airlines fares and making non-Southwest credit card purchases. If you earn 35,000 Tier Qualifying Points in a calendar year, you earn A-List status. You’ll receive benefits, such as priority consideration on standby flights, priority boarding on all flights, and a 25% point-earning bonus. You can also earn A-List status by completing at least 25 one-way flights in a calendar year.
Cardmember Anniversary Bonus: Each year your account remains open and in good standing, you get 6,000 bonus points on your cardmember anniversary. This is often enough to redeem for a short one-way flight.
Companion Pass Status: This status is designed for those who spend heavily on Southwest flight purchases. To earn it, you either need to accumulate 110,000 Tier Qualifying Points (through cash fare and credit card purchases, other than partner purchases) or complete at least 100 one-way Southwest Airlines segments (connecting flights count separately) in a calendar year. Companion Pass status holders can bring a companion traveler on any Southwest flight at no additional fare charge. Taxes and security fees still apply. There’s no limit to how many times this benefit can be used. You can travel with as many companions throughout the year you like. However, you can’t travel with more than one companion per flight.
No Foreign Transaction Fees: Keep earning your points outside the U.S. without paying a foreign transaction fee.
When compared to the Southwest Rapid Rewards® Plus Credit Card, the Southwest Rapid Rewards® Premier Credit Card would be more fitting for those who have more of an average credit score.
For those who fly often, there are no blackout dates and unlimited points that won’t expire as long as your card account is open. And to re-state from before, you’ll be awarded with 6,000 anniversary bonus points after the anniversary date each year which may or may not be seen as a benefit that could compensate for the annual fee for some people.
In conclusion, between the Southwest Plus and Southwest Premier, the only difference is the anniversary bonus amount and the annual fee. If you want to pay $30 to receive double the amount for an anniversary bonus then by all means this card will seem more appealing to you.
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Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program.