Can I Earn Multiple Signup Bonuses for Southwest Cards?

Jun 15, 2014

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

The Chase Southwest credit cards are among the most lucrative deals out there. If you know how to leverage them, the 50,000 Rapid Rewards points earned from each card (after spending $2,000 in the first 3 months) can get you about $800 worth of Wanna Get Away fares, and if you earn one of their prized Companion Passes (which I’ve written about a lot), you can almost double that value.

TPG Reader Nick tweeted me this week asking whether he can earn a second signup bonus for these cards. He got the Southwest Rapid Rewards Plus card in the past, canceled it about 6 months ago, and wants to know if he can get it again.

The short answer is no, at least not for the exact same card; that’s generally the rule with Chase. Although I’ve heard of exceptions, Chase won’t give you a new bonus unless the card is tweaked so that it’s in the system as a different product or offer. That said, you have other opportunities.

There are four different Southwest 50,000 mile signup offers out there: personal and business versions of the Plus card (so even though Nick has already had the personal card, he can still get the business version), and personal and business versions of the Premier card. The Premier has a higher $99 annual fee, but you get 6,000 anniversary points every year (versus 3,000 for the Plus card), which covers the majority of the expense. You’re eligible to get the 50,000 point signup bonuses for each of those four different offers.

Chase may not want to give you all four cards, but I do know people who have all four and have raked in the 50,000 mile bonuses. If you plan your signups right, that yield almost 4 years of incredibly valuable Companion Pass travel and thousands of dollars worth of Southwest points. Read more about maximizing Southwest travel and the Chase Southwest cards in the posts linked below.

If you have any other questions, message me on Facebook, tweet me @ThePointsGuy, or email me at info@thepointsguy.com.

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

WELCOME OFFER: 80,000 Points

TPG'S BONUS VALUATION*: $1,650

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

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More Things to Know
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases within your first year of account opening.
  • Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
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Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the 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.