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Should I Get Amex Gold Premier or Southwest Rapid Rewards?

by on August 31, 2014 · 10 comments

in American Express, Chase, Credit Cards, Southwest, Sunday Reader Questions, Video Blog Post, Visa

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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.

If you often fly Southwest, the Rapid Rewards Premier card makes sense

If you fly Southwest often, the Rapid Rewards Premier card makes sense. (Image courtesy of Shutterstock)

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.

If you have any other questions, please tweet me @thepointsguy, message me on Facebook, or send me an email at [email protected]

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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  • JohnF

    I’ve been waiting for an AmEx 50k point offer for a while now, so I was surprised to see this article. However, when I go to the link I only see the 25k offer that’s been around for a while. What am I missing?

  • djrobsd

    I have been waiting like JohnF for the Amex 50K point offer. I only have one card with Amex right now, the blue sky card, that I’ve had since 2006 so I have a long-standing excellent payment history with Amex, but they never target me for any of their other offers ,even though I never use my blue sky card except when they have deals like the $25 off Amazon, and $20 off your Verizon bill, you bet I took advantage of those! To the original person who asked the question, GET BOTH if you have a 50k offer from Amex! I got 2 Southwest cards and the CP earlier this year and it’s great. Taking my first trip with my boyfriend next month to SFO, company is paying for the airfare since I am already flying there for work and he gets to come with me for like $12 dollars! How sweet is that? On the other hand, Southwest isn’t the best for a lot of the routes we want to fly, i.e. no non stops from San Diego to New York or Boston, but plenty of other non stops like New Orleans, Orlando and Chicago, so it’s still worth it for us! Also, btw, the SWA link on this site is only for 25k points, there are other links out there for 50k.

  • http://aaadventurephoto.com/ Alan

    I would get good use from both.

  • http://aaadventurephoto.com/ Alan

    I think 50k offers are targeted. I’m eligible for one, but my wife isn’t.

  • Mike

    What’s the best way to turn Amex MR points into SW points? The 50k bonus is a good start on a companion pass, and if I can finish it with MR points I’ve already got, it might be worth it to me to get this card.

  • Charissa

    I get the message You have been identified as a current American Express Card Member. You may have seen an offer advertised for this product previously, but the offer is not available to current American Express Card Members.

  • Rommel Ramos

    Yea sadly I get that too. Maybe its because we have the Amex Plat? Then after I did used a VPN and got the 25k offer =(

  • Frankie

    Let’s say I apply for the Southwest card in October and charge the required 2k to get the 50k bonus on let’s say December 28, 2014. The 50k bonus will then hit in 2015. Does the 50k towards the 110,000 companion pass count for 2014 or 2015

  • Bob

    You should hold off using the card until Jan 1, 2015. Then, the companion pass will be good for 2015 and 2016. If you use it before Jan 1, it will only be good for the remainder of 2014 and 2015

  • Luckyladyd

    I clicked the link for both the Southwest and the Amex cards and got a 25k offer for the Southwest and the message from Amex that I am already identified as an Amex card holder, etc. Actually, my computer knows my HUSBAND’s Amex card, so I logged on with my ipad and got a 25k offer for the Amex. Couldn’t find the 50. Has anyone found the 50k offers around since the last week or so?

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