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Update: This offer is no longer available. View the current offer for the Chase Southwest Rapid Rewards credit card here.
I know people have been bombarded lately with reminders to apply for the limited-time Southwest Visa 50,000 point offers on all four of Chase’s Southwest cards, but I suspect a few of you are procrastinators like me, and even if you were meaning to apply, you might not have done so yet, so I wanted to issue a final reminder.
The links to these offers could be pulled at any time today, and though the 50,000-point bonuses on these cards have appeared periodically in the past for about a month at a time 3-4X per year, nothing is for sure in the points world and you can’t assume they’ll be back soon. After all, when the Amex airline transfer bonuses to Delta were coming fast and furious back in 2011, it looked like that gravy train would never end, but there hasn’t been one since, so you’ve got to hop on deals as they come.
The 50,000-point offer is available on both the Southwest Rapid Rewards Premier Visa and the Southwest Rapid Rewards Plus Visa and on the personal and business versions of each, so if you have a small business and are looking for a credit card, one of the business versions might be a good option for you.
To get the 50,000 points on either, you need to spend $2,000 in the first 3 months of opening your account. The difference between the two cards is that there is a $99 fee on the Premier card and $69 fee on the Plus card. The Premier comes with 6,000 points every anniversary (~$108 in Wanna Get Away fares) and the Plus gets 3,000 ($54 in Wanna Get Away fares).
Chase will allow you to get the sign-up bonus for each card. Where this gets really interesting, though, is that these bonus points count towards Southwest’s Companion Pass qualification, which is one of the best frequent flyer program benefits out there. If you are able to maximize your spending strategy and hit the minimum spend in January to get the bonus points then, these bonuses could help you earn a Southwest Companion Pass that would be good for both 2014-2015.
Even if you have the Southwest Companion Pass already and are looking for ways to requalify for next year, one of these bonuses could be the final surge you need to get you across the qualification line, so that’s worth thinking about as well.
Besides the pass, each of these bonuses is worth almost $900 in Wanna Get Away fares (60 points = $1 until the devaluation March 31, 2014 after which you’ll need 70 points per $1) so it is one of the most solid credit card offers on the market if you fly Southwest.
Check out these posts for more information on maximizing the offer:
Maximize Monday: Southwest Companion Pass FAQ And Strategies
Top 11 Ways To Top Up Your Account For The Southwest Companion Pass
Can I Get Two Southwest Cards In One Day To Qualify For A Companion Pass?
How to Earn the Southwest Companion Pass
Southwest Points vs. Southwest Credits: When Transferring Makes Sense and How to Check Availability
Maximizing the Southwest Companion Pass with AirTran Flights