Can I Earn Multiple Signup Bonuses for Southwest Cards?
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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.
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
Welcome to The Points Guy!
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.
- 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.
- Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.