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Reminder: Southwest Credit Cards 50,000 Point Sign Up Bonus Ends Monday

by on November 15, 2013 · 19 comments

in Chase, Southwest Airlines

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Update: This offer is no longer available. View the current offer for the Chase Southwest Rapid Rewards credit card here. 

Offer Expired: November 18, 2013

I’ve been issuing a lot of reminders to apply for the limited-time Southwest Visa 50,000 point offers on all four of Chase’s Southwest cards because first the offer was supposed to end on October 30, and then it was extended indefinitely, but the terms on the application page say that you have to apply by November 18, which is Monday, so if any of you have been thinking about getting in on these but haven’t made your mind up, Monday is likely the last day to get in on these offers.

Southwest Airlines will enforce a "no show" policy as of today.

Southwest Airlines will enforce a “no show” policy as of today.

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 or that these offers will be extended again.

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 earn the full bonus on any of these cards, you must 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).

When you click on this landing page, you’ll see the offer for the Premier, but you can click on the Premium business card or the Plus card at the bottom and you’ll be redirected to the application page for that card (the business Plus card is at the bottom of the second landing page).

Apart from the fact that 50,000 Rapid Rewards points is worth about $833 in Wanna Get Away fares at 60 points per $1 in redemptions (until the upcoming devaluation, when they’ll be worth more like $715 at 70 points per $1), the great thing about these cards and their bonuses is that Chase will allow you to get the sign-up bonus for each card and 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 so the bonus points hit your Rapid Rewards account then, these bonuses could help you earn a Southwest Companion Pass that would be good for both 2014-2015 – meaning you’d have two years of a companion flying free that could equate to thousands of dollars worth of airfare savings.

The Southwest Companion Pass is one of the most valuable frequent flyer benefits out there.

The Southwest Companion Pass is one of the most valuable frequent flyer benefits out there.

If you are already maxed out on Southwest cards, or have applied for them recently but are still looking for ways to top up your Southwest account before the March 31 devaluation, you could always apply for any of the premium Chase Ultimate Rewards cards – the Sapphire Preferred, Ink Bold and Ink Plus – that allow you to transfer points to the program’s transfer partners which include Southwest. And given recent devaluations from Ultimate Rewards’ other partners including Hyatt and United, Southwest is looking like a more attractive option since at least you get a fixed value from your Rapid Rewards points (even though, as I mentioned, they’ll be worth about 14% less come March 31).

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

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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  • Sam

    I got approved for the personal but declined for business due to my business “being too new”. What should I do next? Apply for another personal? Or am I out of luck? I want to get the companion pass ASAP. Thanks!

  • Sean

    If I had to decide between the Chase SouthWest promo vs. Chase BritishAirways promo … which is the best?

  • Keaton

    I wanted to point out a flaw in your calculations in terms of value of the 50,000 points. Interestingly certain sales taxes are not applied to award tickets. So in-fact the fare to points ratio is not exactly 60 points per dollar.

    In most cases you’re going to get charged approximately 9% in taxes including the 9/11 surcharge tax for a cash fare. In the case of award bookings these taxes are completely nonexistent for the actual fare and only a 2.50 per leg surcharge is assessed. This essentially means if you completely ignore the 9/11 surcharge the calculations are as follows:

    (Pre Devaluation)
    50000 / 60 = $833.33 but we need to add back the 9% of federal taxes.
    $833.33 * 0.09 = $75
    $833.33 + $75 = $908.33

    (Post Devaluation)
    50000 / 70 = $714.29
    $714.29 * 0.09 = $64.29
    $714.29 + $64.29 = $778.58

    Sure if you want to be technical you still need to pay the 9/11 surcharge but that is typically less than 3% of the fare. If you want to know those numbers it would be easy to adjust the calculations.

    Anyways, I thought I’d chime in since you’re actually getting much more from the points for fares. From what I can tell you’re actually getting closer to 1.8 cents per point using these calculations.

  • Lynn

    You may be able to get another personal card if chase thinks you haven’t had too many recent inquiries or they may allow you to move credit. Then if you had your 50k from each card post at close of Jan statement, you’d be well on your way to companion pass for 2 years.

  • Jean

    If I get 2 cards by tomorrow’s deadline, and spend required amt over 3 months, will the amt I spend during Nov and Dec count toward the 110,000 points needed for companion pass , or do all points have to be accrued during 2014?

  • thepointsguy

    The points earned on spend will count in the year the statement closes, but your bonuses will count in the year your bonuses are earned. So if you spend and get the bonus in 2013, it’ll be 2013, if you hold off and hit the spend requirement and bonus in 2014, those points will count towards 2014.

  • Dan

    I’m thinking about getting this Southwest Visa for the 50,000 points, then after a year I’d cancel the card so as to avoid the annual fee. If I did that would I lose the points I’d earned (and the bonus points)? Or do these points stay with Southwest? Thanks

  • thepointsguy

    No- all spend needs to happen in the year you want it to count for companion status

  • thepointsguy

    You keep the points

  • Sam

    if i had to recon for the second personal, if they ask, what reason would i have to have both the plus and premier?

  • Sam

    took the risk, applied for premier personal and got approved for 3k! this was after i got approved for the plus personal 3 days ago for 5k and denied for the plus business! thanks for the help guys!

  • Sarah

    We applied for the premier card just before the promotion ended. Looking online, it appears that our first statement for the new card will close on January 4, 2014. If we spend the necessary money in November and December, but the statement doesn’t close until January, will the 50,000 bonus points count towards 2013 or 2014?

  • PR

    I got the premier card on September 24th which means my 3 months is up on December 24th. The goal is to have the 50,000 points hit at the start of January. I’m wondering: if I were to spend the $2000 just before December 24th (the end of the 3 months) and assuming there is a week-long delay in the points hitting my RR account, would these points count for 2014 since the points hit my account in January, or would they count for 2013 since I spent the $2000 before January? The rep for the card confirmed that the points would count for 2014 if they hit my RR account in January, but I’m just not sure if I trust that response since it’s not clearly outlined in any documentation they provided when signing up for the card.

    Any ideas?

  • Cesar

    I called CS just to confirm I was eligible and the CSR told me she had an email that said the promotion ended on the 15th. While I can’t really say, “well, its all over the internet”, how do I prove my case?

  • victorsl

    I just called Chase today based on this ad: https://creditcards.chase.com/a1/southwest/offer and they honored 50,000 point sign-on without me even asking. I asked if it would be the same if I signed-up online at that link and they said it wasn’t a guarantee so it took about 15 minutes on the phone and I will get the 50k point sign on!

  • Gwen

    I signed up for the 50,000 points and it said I had to spend $3000.00 in the first 3 months. I charged 3100.00 in the first month. They have not given me these points. They said I signed up for a $500.00 – get 10,000 points.
    I did this all online and I am hoping they are not going to end up not giving it to me – They are suppose to be looking into it and letting me know in 10 – 14 days. Needless to say I am very frustrated at this point. Has this happened to anyone else? I charged my 3100.00 on October 25th. I never saw an offer of $500.00 for 10,000pts.

  • Edgar Perez

    @victorsl:disqus I used the link today. Probably should have called like you but I saw nothing about expiration dates on the link you provided and it still showed 50K points at the top so crossing my fingers here. Saved all the pages just in case I have to fight it out later. I would love to get to Companion Pass by March if I can.

  • Mandy Christensen

    If you have taken advantage of this promo deal in the past but have since cancelled your credit card, is it possible to sign up for a new card and take advantage of the deal a second time?

  • Pat Smith
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