Earn 65,000 bonus points with new sign-up bonus offers on these Southwest credit cards

Aug 17, 2020

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Editor’s note: This post has been updated with the most current offers. 

Even though many people have put travel on hold for the time being, that doesn’t mean the desire to rack up points and miles for future redemptions has stopped. In fact, many (myself included) have used this time spent at home to save up rewards for an amazing trip down the line.

For those who are interested in storing up points with Southwest, new sign-up bonus offers across all three personal cobranded Southwest credit cards could help you hit your goals.

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The Southwest Rapid Rewards Plus Credit Card, Southwest Rapid Rewards Premier Credit Card, and Southwest Rapid Rewards Priority Credit Card now all have this same sign-up bonus offer:

  • Earn 40,000 points after spending $1,000 in the first 3 months of account opening.

TPG values Southwest points at 1.5 cents each, which makes this bonus worth $600. For only a $1,000 spending requirement, that’s a compelling offer.

Southwest continues to be a great airline to show loyalty for domestic itineraries. The twice-annual flash sales provide opportunities to score low redemption fares, and the airline continues to lead the pack in terms of booking flexibility with no change or cancellation fees on any ticket (a policy Southwest is known for outside of just the pandemic). If you’ve been considering applying for a Southwest credit card, now it a great time to finally jump onboard.

Which Southwest credit card should you get?

With all three cards offering the same sign-up bonus, it all comes down to how much you plan on flying Southwest both now and in the long term. The three cards all come with the same earning structure — 2x on Southwest and eligible hotel and car rental partners and 1x on everything else — so the primary difference between the three cards is the level of perks and the associated annual fee.

Southwest Rapid Rewards Plus Credit Card

Best for: Beginners and infrequent travelers

Annual fee: $69

Primary perk(s): 

  • 3,000 anniversary points each year

Check out the full card review.

APPLY HERE: Southwest Rapid Rewards Plus Credit Card

Southwest Rapid Rewards Premier Credit Card

Best for: Casual travelers

Annual fee: $99

Primary perk(s):

  • 6,000 anniversary points each year

Check out the full card review.

APPLY HERE: Southwest Rapid Rewards Premier Credit Card

Southwest Rapid Rewards Priority Credit Card

Best for: Southwest loyalists

Annual fee: $149

Primary perk(s): 

  • 7,500 anniversary points each year
  • $75 Southwest travel credit annually
  • 4 upgraded boardings per year (when available)

Check out the full card review.

APPLY HERE: Southwest Rapid Rewards Priority Credit Card

Using this offer to jumpstart earning the coveted Companion Pass

Most cobranded airline credit cards have a tough time holding their own against cards that earn transferable points, but Southwest’s diverse portfolio of personal and business cards is a notable exception. That’s because points earned with Southwest cobranded cards count toward earning a coveted Southwest Companion Pass, which offers a year or more of flying for your designated travel companion.

This one of the most sought-after travel perks in the industry. It requires either flying 100 one-way flights or earning 125,000 qualifying points in one calendar year. While these sign-up won’t help you hit that threshold alone, they can help you get a more than 50% jump start on earning that valued pass.

Remember that the pass is valid for the rest of the year in which you qualify and the full calendar year after that. So if you earn the Companion Pass anytime in 2020, it will be valid through Dec. 31, 2021.

Related: How to quickly earn the Southwest Companion Pass

Bottom line

The number of Southwest Rapid Rewards points required to book a flight is directly tied to the current fare of the flight, and you often get good deals if you know when and where to look for redemptions. And because of Southwest’s policy against any cancellation or change fees on its flights, you can actually reprice a Southwest flight if you book a trip and then find the same itinerary at a lower price before departure.

While Southwest operates primarily domestic routes in the continental U.S., those looking for a tropical getaway can use points to book flights to a number of Caribbean and Hawaiian destinations as well (barring any travel restrictions and quarantine requirements).

Additional reporting by Katie Genter.

Featured image by Jim Watson/ AFP.

Chase Sapphire Preferred® Card

WELCOME OFFER: 80,000 Points

TPG'S BONUS VALUATION*: $1,600

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.

Apply Now
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 toward travel when you redeem through Chase Ultimate Rewards®.
  • 2X points on travel and dining at restaurants worldwide, eligible delivery services, takeout and dining out & 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.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.
Intro APR on Purchases
N/A
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.

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