Southwest Performance Business
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Reconsideration Phone
800.453.9719
Breaking Points
| Bonus Points | Minimum Spend | Point Value | Annual Value | Annual Fee | 1st Year Value |
|---|---|---|---|---|---|
| 80,000 | $5,000 | 1.4 ¢ | $130 | $199 | $1121 |
| Best Value | Differentiating Perks | Rules |
|---|---|---|
| Companion Pass, US & Caribbean Flights | 9000 bonus points annually, 4 A-list boardings, WiFi credit, TSA Credit | No CR , 5/24 , Chase 2/30 , Chase 4/6 |
Spend Categories
4X points
5.6¢ Per Dollar Spent
1X points
1.4¢ Per Dollar Spent
3X points
4.2¢ Per Dollar Spent
2X points
2.8¢ Per Dollar Spent
3X points
4.2¢ Per Dollar Spent
2X points
2.8¢ Per Dollar Spent
2X points
2.8¢ Per Dollar Spent
Card Benefits
Easiest way to Southwest companion pass when coupled with a personal SW card the same year.
Get up to $100 statement credit for Global Entry, or an $85 fee credit for TSA PreCheck.
You'll receive 9,000 points on the card anniversary.
Get 4 upgraded boardings per year when available.
Reimbursed up to $8 a day for Southwest inflight Wi-Fi
Using this card gives you primary car rental insurance when using for business on collision and theft, up to the cost of the vehicle.
Travel accident insurance up to $500,000; lost luggage insurance up to $3,000 per person; baggage delay insurance up to $100 per day for 3 days.
You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
A complimentary 24-hour dispatch hotline (1-800-847-2869) that can send a tow operator or locksmith to assist in an emergency situation. Cardholder will be charged for any services or goods provided.
Travelers get two free checked bags, which they provide to everyone.
Your new purchases are covered for 120 days against damage or theft, up to $500 per claim, and $50,000 per account.
This card extends the time period of the U.S. manufacturer's warranty by 1 additional year, on eligible warranties of 3 years or less.
Point Transfer Options
Transfer To Spouse/Partner Yes - $$
Transfer To Friends Yes
Travel Partner Transfers
Outside Point System Southwest Rapid Rewards
Transfers In From
1:1 88% value retained
3:1 67% value retained
5:2 35% value retained
Why You Might Want This Card
The SouthWest Business Card To Get
Let's face it: you need 125,000 points to get the coveted Southwest Companion Pass status. But you have to strategize because Southwest has rules... rules like, you can only get one sign up bonus per 24 months on a Southwest card. Thankfully, you can skirt that rule by getting one personal card and one business card. That said, this is probably the business card you want because this one card gives you a standard sign-up bonus of 70,000 points after spending only $5,000 in 3 months. That's well past the half-way mark needed for a Companion Pass. Besides the points, this card reimburses you several ways: Reimbursement for 4 upgraded boarding passes annually, putting you in the A1-A15 group (first group to board). Reimbursement for Inflight WiFi. And reimbursement for Global Entry or TSA Pre Check every 4 years.
Check out our Southwest Rapid Rewards page for more details on how to best use Southwest Points.
Bottom Line
Yes, this card has the highest annual fee of all the current Southwest cards. But with this one card, you'll be close to getting your Companion Pass. And you get reimbursed for all kinds of goodies, not to mention you get a gift of 9,000 anniversary points annually. Take that with the valuable traits of Southwest -- like 2 free checked bags and no penalty to change or cancel your flight -- and we think if you haven't reached your 5/24 Chase rule yet (and you haven't collected a bonus on a Southwest business card in the last 2 years) it's time you apply for this one.
Application Rules
This business card will not show on your personal credit report, so it won't count against your 5/24 status
Your application will be declined if 5 new cards are reported on your personal credit report in the past 24 months
You'll be declined if you apply for a third Chase card of any kind within 30 days
Chase will decline your application you apply for a 5th Chase card (personal or BUSINESS) in 6 months
Ranking of Cards Offering Southwest Rapid Rewards
What to Know Before Canceling
This is our favorite card to keep if you use Southwest at least once a year since the annual fee is generally tax deductable. You don't need this card to keep your Southwest points.
Best for Series
Below is a snapshot of where this card performs best compared to the other cards in our database: