TPG reader Noah tweeted me to ask:
@thepointsguy “Which card should I get? The American Express Gold Premier Rewards credit card with the 50k bonus or Southwest Airlines Rapid Rewards Premier credit card with the 50k bonus?”
I generally don’t answer questions like “Which credit card is better?” because there are so many factors to take into consideration. A given credit card may be very lucrative for some people and not for others. For example, I know many readers swear by the Southwest cards, but I don’t fly Southwest very often since their routing isn’t ideal for me, and I usually use my miles for international travel to Europe; therefore this card wouldn’t be a great option for me. That being said, for people who fly Southwest often and want that flexibility, it’s an excellent option.
As I previously stated, I don’t normally answer these types of questions, but today I couldn’t help myself. TPG reader Noah wants to know which card is the better option: the Amex Gold Premier Rewards card or the Southwest Rapid Rewards Premier card (they both have a 50,000 point bonus).
If you want to fly internationally and have several different airline options, go with the Amex Premier card. This way you can leverage your points on many unique Membership Rewards transfer partners, like Aeroplan, Delta, Air France, ANA, British Airways and more. If you spend a lot of money on gas, airfare and groceries, this card will give you a much better earning ratio than the Southwest card.
On the other hand, if you fly Southwest frequently, get the Southwest card, especially if you think you can get the companion pass. The 50,000 point bonus you earn from the Southwest card will count towards the 110,000 point qualification requirement, so just one card will get you almost halfway there! Two cards will put you in sight of the finish line.
Of course, another option is to get both! One is Amex and one is Chase, and the annual fee is waived for the first year on the Amex Premier Rewards Gold. If you think you can meet the spending requirements for both cards, you may as well go for it.
So in conclusion, Noah, you tell us! Which one makes the most sense for you? For other readers, how do you decide between cards when you’re getting ready to apply? Please share your selection process and other suggestions in the comments below.
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