Award System

Southwest Rapid Rewards

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Bank

JP Morgan Chase

Bank Details »

Reconsideration Phone
800.453.9719

Breaking Points

July 13, 2023
Southwest Premier Business
Southwest Premier Business Card - Limited Time

Southwest Premier Business Card is now offering up to 120,000 points. Get 60,000 Points after spending $3000 in 3 months, then get and additional 60,000 Points after spending $15,000 in 9 months. Offer ends 8/28/23. Annual fee is $99.

December 1, 2020
Southwest Rapid Rewards
Southwest Limited-time Bonus Offers Right On Time

Some of the best offers ever are available on every Southwest card. If you are looking to earn the companion pass, just be sure you time things out properly considering these three factors (1) You'll probably need to qualify for one of the business cards, and based on that not counting towards 5/24 you probably want to start there (2) You'll have to be nearly past the 24 month bonus rule to get a personal Southwest card (3) You can spend, but don't qualify for the bonus until your January statement at the earliest. Get more details here.


Bonus Points Minimum Spend Point Value Annual Value Annual Fee 1st Year Value
60,000 $3,000 1.4 ¢ $80 $99 $863
Best Value Differentiating Perks Rules
Companion Pass, US & Caribbean Flights 6000 bonus points annually 5/24 , Chase 2/30 , Chase 4/6
Most Recent Special Offer: 120,000 Bonus Points for $15,000 spend ended Aug 2023
Card Type: Business, Airline

Spend Categories

Airfare - »

3X points
4.2¢ Per Dollar Spent

All Other - »

1X points
1.4¢ Per Dollar Spent

Hotels - »

2X points
2.8¢ Per Dollar Spent

Travel - »

2X points
2.8¢ Per Dollar Spent

Transit and Delivery = »

2X points
2.8¢ Per Dollar Spent

Card Benefits

Companion Pass »
Easiest way to Southwest companion pass when coupled with a personal SW card the same year.
Anniversary Date Bonus Points »
You'll receive 6,000 points on the card anniversary.
Airline Incidentals »
25% savings on Southwest Airlines inflight food, beverage and Wi-Fi
Car Rental Insurance »
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 Insurance »
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.
No Foreign Transaction Fees »
You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
Roadside Assistance »
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.
Free Checked Bag »
Travelers get two free checked bags, which they provide to everyone.
Purchase Protection »
Your new purchases are covered for 120 days against damage or theft, up to $500 per claim, and $50,000 per account.
Extended Warranty »
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
Point Transfer Options
Chase Ultimate Rewards

1:1 88% value retained

Point Transfer Options
Marriott Bonvoy

3:1 67% value retained

Point Transfer Options
World of Hyatt

5:2 35% value retained

Why You Might Want This Card

Still Time to Get Companion Status

If you missed Chase's ridiculously generous sign up bonus of points PLUS a one-year companion pass, then this can be your savior card. You will need this card along with another one of the Southwest cards to reach the 110,000 points for a Companion Pass. But with this welcome bonus alone, you’re over half way there. Remember when you qualify for companion status you'll get that status for the remainder of the year in which you qualify PLUS the whole next year as well. So it’s best to get it at the beginning of the calendar year.

You’re More Business Than You Think

Yup, even you. Thanks to the wave of Lyft, Uber, Poshmark, Ebay, etc. we are all really proprietors in a sense and therefore should apply for this card. Remember to use your (tax ID) number when applying. Beware though: this card doesn’t count toward your Chase 5/24, but you will not be approved if you’ve opened 5+ cards in the past 2 years, excluding certain business cards.



Bottom Line

The sign-up bonus on this card is great. It gives you access to some pretty fantastic destinations, and if your time frame for travel is a little flexible, you can get up to 3 round trip flights using the low fare calendar. Southwest also has a great 2 checked bags free policy that makes vacation packing headache free. The annual fee is almost given back to you in the 6,000 anniversary points you'll receive annually. Overall, do not be intimidated by the word “business” attached to this card. Follow our lead and you’ll be traveling with your companion pass in no time.

Application Rules

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

Breaking Points

July 13, 2023
Southwest Premier Business
Southwest Premier Business Card - Limited Time

Southwest Premier Business Card is now offering up to 120,000 points. Get 60,000 Points after spending $3000 in 3 months, then get and additional 60,000 Points after spending $15,000 in 9 months. Offer ends 8/28/23. Annual fee is $99.

December 1, 2020
Southwest Rapid Rewards
Southwest Limited-time Bonus Offers Right On Time

Some of the best offers ever are available on every Southwest card. If you are looking to earn the companion pass, just be sure you time things out properly considering these three factors (1) You'll probably need to qualify for one of the business cards, and based on that not counting towards 5/24 you probably want to start there (2) You'll have to be nearly past the 24 month bonus rule to get a personal Southwest card (3) You can spend, but don't qualify for the bonus until your January statement at the earliest. Get more details here.


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