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Update: Some offers mentioned below are no longer available. View the current offers here – Southwest Rapid Rewards Premier Credit Card

Last week, TPG Special Contributor Jason Steele was on a Southwest flight from New York to Denver, and while rifling through the carrier’s inflight magazine, Spirit, he noticed an advert with a URL for a 50,000-point sign-up bonus offer on the Southwest Rapid Rewards Premier personal card. Via free inflight Wi-Fi, he was able to access the valid link to this 50K offer from the plane (as well as the entire site). As the current public offer for this card is 25,000 points, I’m happy to report that the link works on the ground too.

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Chase periodically offers a 50K sign-up bonus on Southwest Rapid Rewards cards, and if you’re working towards the Southwest Companion Pass, grab it while you can.

As we’ve shared in previous posts, Chase periodically offers 50,000-points for both the Plus and Premier Southwest cards (in both personal and business versions), and if you’re a Southwest frequent flyer, I’d recommend taking advantage of it. To get this full bonus on the Southwest Premier personal card, you have to spend $2,000 within 3 months of opening your account. The bonus counts towards the 110,000 points needed for the Southwest Companion Pass 

Aside from this 50,000-point windfall (which doesn’t count towards Southwest A-List elite status), the card’s main benefits are:

  • 6,000 points awarded after your cardmember anniversary
  • 2 points earned per $1 spent on Southwest Airlines and AirTran Airways purchases made directly with the airlines, and on Rapid Rewards hotel and car rental partner purchases
  • 1 point earned per $1 spent on all other purchases
  • 1,500 Tier points earned for every $10,000 in purchases, up to 15,000 Tier points per calendar year
  • Points can be redeemed for gift cards, car rentals, cruises, hotel stays, and international flights to over 800 destinations on 50+ global carriers
  • No foreign transaction fees

As you can see, the Premier card doesn’t have great earning potential, and comes with a $99 annual fee. However, this annual fee is almost covered by the 6,000-point cardmember anniversary payout, which represents approximately $86 worth of award seats at the Wanna Get Away fare rate (redeemable at a rate of about 70 points per $1). You can use your 50,000 points from the sign-up bonus to score over $700 worth of flights.

The holy grail of frequent flyer awards: the Southwest Companion Pass
The holy grail of frequent flyer awards: the Southwest Companion Pass

The Southwest Companion Pass really is the best reason to get this card, though, as those 50,000 points will get you almost half way there. Rapid Rewards members generally have to make a big annual spend in order to qualify for the Companion Pass, by either taking 100 one-way flights within a single calendar year or accumulating 110,000 pass-eligible points; fortunately, just about all Southwest Points are companion pass eligible – including those you earn with hotel, rental car and even energy company and bank partners.

You’re limited to earning a single Companion Pass per calendar year no matter how much you fly or how many points you rack up, and that pass will be valid from the day you earn it until the end of the following year. (For example, if you earn the pass by December 31, 2014, it will be valid until December 31, 2015.)

These 50,000-point sign-up bonuses come around periodically, but they don’t always last long and many times the links can be targeted. Luckily this link seems to be available to everyone so if you’re a big Southwest flyer, consider getting this card sooner rather than later.

For more info, see these related posts:

Maximize Monday: Southwest Companion Pass FAQ And Strategies
Top 11 Ways To Top Up Your Account For The Southwest Companion Pass
Southwest Points vs. Southwest Credits: When Transferring Makes Sense and How to Check Availability
Can I Get Two Southwest Cards In One Day To Qualify For A Companion Pass

Chase Sapphire Preferred Card

With great transfer partners like United and Hyatt, 2x points on travel & dining and a 50,000 point sign up bonus, the Chase Sapphire Preferred is a great card for those looking to get into the points and miles game.

Apply Now
More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR on Purchases
Regular APR
16.49% - 23.49% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
Balance Transfer Fee
Recommended Credit
Excellent Credit

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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.