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Update: Some offers mentioned below are no longer available. View the current offers here – Southwest Rapid Rewards Premier Card
One of the top travel credit card offers on the market came back last week with the reappearance of 50,000-point sign-up bonus offers on the Southwest Premier and Plus Visas.
With each, you earn 50,000 bonus Rapid Rewards points when you are approved and spend $2,000 on purchases within 3 months of your account opening. The Premier in particular carries a host of valuable benefits including waived foreign transaction charges, and a 6,000-point bonus every year after your cardmember anniversary.
In terms of value, those 50,000 points represent roughly $715 in Wanna Get Away fares, which make these cards some of the best sign-up bonus offers on the market. Not only that, but it could be a good idea to earn Rapid Rewards points on a regular basis thanks to Southwest’s rapidly expanding domestic and international route networks,
Even more, the sign-up bonus points count toward the Southwest Companion Pass, which is one of the most valuable travel benefits out there. The timing of these card offers is perfect, since the Companion Pass is valid for the remainder of the year in which you earn it, plus the entire following year. If you were to apply for two of these cards now, and then earn the Companion Pass with help from the 100,000 points earned through the sign-up bonuses, your Companion Pass would be valid until the end of 2016!
Earning the Companion Pass basically doubles the value of your points since it is valid on both paid and award flights in any class as long as there is a seat free in the same class of service. So you are looking at potentially huge value here.
However, to put this in more tangible terms, here are 9 great imminent redemptions that I came across that should give you more context on what exactly 50,000 Southwest Rapid Rewards points can get you.
Los Angeles to Phoenix: This is a great example with Southwest because there are such low redemption requirements on this heavily trafficked route.
For example, this roundtrip itinerary would cost you just 7,500 points and $11.20. By meeting the minimum spending requirement on your new card and getting to 52,500 points, you could literally fly this roundtrip 8 times!
Seattle to Las Vegas: Want to get out of the gloomy Northwest weather this winter and take a fun little break to Vegas? Flying roundtrip Seattle to Las Vegas would cost you just 12,762 points.
Heck, with the sign-up bonus and points you earn meeting the spending requirement, you would have more than enough points to even bring along three buddies – bachelor party!
Atlanta to Montego Bay: Want to fly to one of Southwest’s new international destinations? You and your plus one can spend a romantic trip in Montego Bay – each ticket from Atlanta to Jamaica would be just 21,280 points plus $111 in taxes and fees.
Cleveland to Punta Cana: For another fun-in-the-sun getaway, folks based in Cleveland could escape down to Punta Cana in the Dominican Republic for just 14,000 points each and $111 in taxes and fees. If you can get your
Rapid Rewards balance up to 56,000 points, that’s enough to take your family of four down there.
Baltimore/Washington to San Jose, Costa Rica: Bound to be one of Southwest’s most popular new destinations, San Jose, Costa Rica is a great gateway to the rest of Central America, or a destination in and of itself.
Flyers from BWI can get down there for just 22,120 points and about $47 in taxes and fees. Take two trips and you’ll still have over 5,000 points leftover!
Minneapolis/St. Paul to Orlando: Or take the family down to Disneyworld this winter if you need a break from the frozen north.
This itinerary from MSP-MCO is just 11,590 points per person roundtrip via Atlanta. You would have points leftover from your sign-up bonus if you were just taking a family of four, but if you have a third rugrat and all five of you are going, you just need to boost your points up to 57,950 (think about transferring from Chase Ultimate Rewards if you have the Sapphire Preferred or Ink Plus) and you will have enough.
Milwaukee to Cancun: Thinking of spring break south of the border? Cancun is a great getaway.
Even better, it’s easy to fly there, at just 24,220 Rapid Rewards points per person roundtrip and $82 in taxes and fees. With your sign-up bonus, you could go twice this spring, or bring a friend along.
Oakland to Denver: Feel like a ski vacation this winter instead? Fly from Oakland to Denver for 16,150 points per person over President’s Day Weekend and head out to the ski resorts from there.
Even flying 3 people together would be just 48,450 points, well under your sign-up bonus and earned points from minimum spending.
Houston to Salt Lake City: Or if you feel like hitting the slopes around Park City instead, you can fly to Salt Lake City from Houston via Denver or Phoenix this February for just 18,754 points per person roundtrip.
So if two of you went, you’d still have about 12,500 points leftover from your sign-up bonus to spend on another trip.
Southwest has some fantastic redemption options to all kinds of destinations, from the dozens of US cities it services to popular ski areas and sunny beach destinations throughout Mexico and the Caribbean, so the possibilities are tremendous.
Did you get in on the current 50,000-point sign-up bonuses? Where do you plan to fly using your points?
Check out these posts for more information on maximizing the offer:
Southwest Companion Pass: 16 Things Every Flyer Should Know
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