Southwest Airways is among the hottest home airways within the U.S. — and for good purpose. Vacationers get two checked baggage free of charge and might cancel or change tickets at any time with out incurring charges. If you are going to fly Southwest regularly, you may be asking your self, “Is the Southwest bank card price it?”
Right here, we’ll share what bank cards can be found and provides steerage on decide for your self if a Southwest bank card is price it.
Obtainable Southwest bank cards
Chase and Southwest Airways have partnered to supply a number of Southwest bank cards, together with three private playing cards and two for enterprise house owners. Welcome bonus presents for these playing cards change periodically all year long.
Let’s a take a better have a look at which playing cards can be found, plus their present sign-up choices.
Private Southwest bank cards
Southwest Rapid Rewards® Plus Credit Card (annual price: $69): Earn 40,000 factors after you spend $1,000 on purchases within the first 3 months. Plus, earn 3X factors on eating, together with takeout and eligible supply companies, for the primary 12 months.
Southwest Rapid Rewards® Premier Credit Card (annual price: $99): Earn 40,000 factors after you spend $1,000 on purchases within the first 3 months. Plus, earn 3X factors on eating, together with takeout and eligible supply companies, for the primary 12 months.
Southwest Rapid Rewards® Priority Credit Card (annual price: $149): Earn 40,000 factors after you spend $1,000 on purchases within the first 3 months. Plus, earn 3X factors on eating, together with takeout and eligible supply companies, for the primary 12 months.
Southwest enterprise bank cards
Figuring out which card is best for you takes somewhat digging. Take into account which card has advantages that meet your wants, if that card suits your price range, and if redeeming its perks feels manageable.
How Southwest Fast Rewards bank cards work
Whenever you apply for a Southwest bank card, your card might be connected to your Southwest Rapid Rewards loyalty quantity. In the event you do not have already got one, a brand new member quantity might be created for you.
You may earn a welcome bonus in case you meet the minimal spending necessities as a brand new cardholder. Your whole purchases will earn factors as properly. Relying on which card you utilized for, you will obtain extra factors for spending in sure classes, like eating or Southwest purchases.
All the factors you earn along with your Southwest bank card are redeemable for any seat on any Southwest flight.
Southwest factors by no means expire so long as your loyalty account stays open. In the event you shut your bank card, all factors already transferred to Southwest are yours to maintain.
How one can decide if a Southwest card is price it
Whereas Southwest bank cards do provide helpful advantages, each expenses an annual price. Earlier than paying that annual price, you must resolve if the advantages promised are definitely worth the annual price you are paying.
Perceive the worth of the annual factors bonus
Each Southwest cardholder earns bonus Rapid Rewards points once they renew their card annually. The variety of factors varies based mostly on which card you’ve got as follows:
Factors earned yearly on cardmember anniversary
Worth of anniversary factors in money
Southwest Fast Rewards® Efficiency Enterprise Credit score Card
Southwest Fast Rewards® Premier Credit score Card
Southwest Fast Rewards® Precedence Credit score Card
Southwest Fast Rewards® Premier Enterprise Credit score Card
Southwest Fast Rewards® Efficiency Enterprise Credit score Card
Whereas the worth acquired would not must cowl the annual price to be thought-about price it, understanding how these bonuses assist offset a number of the price of a card is helpful as you are calculating the cardboard’s worth.
Predict your annual spend in bonus classes
For flights paid for in money (not factors), you’ll not solely earn factors by flying, but in addition by spending. Whenever you use your Southwest bank card, you’ll earn bonus factors on each Southwest buy, in addition to on purchases with Fast Rewards lodge and automobile rental companions.
Whereas most Southwest playing cards earn 2x on these purchases, the Southwest Fast Rewards® Efficiency Enterprise Credit score Card earns 3x.
Being reasonable about how a lot you fly (and spend on) Southwest will help you identify whether or not the cardboard might be price it for you.
Decide to utilizing the cardboard on eating purchases for the primary 12 months
Southwest playing cards will help you capitalize on eating bills. In the course of the first 12 months that your private card is open, you will obtain 3x factors on all eating purchases. This contains purchases when eating in, ordering takeout and utilizing eligible supply companies — a pleasant kickback in case you already spend huge quantities on this class.
Intention to earn the Companion Cross
The Southwest Companion Pass is among the most coveted airline advantages. Whenever you’ve earned this perk, your designated companion flies free with you on any flight. You simply must pay the taxes and costs, which begin at $5.60 every manner. This profit works on each paid and reward flights. And you may change your designated companion as much as 3 times yearly.
Factors earned from a brand new card welcome bonus and all your Southwest bank card spending counts towards the full wanted to earn the Companion Cross, which is at present 125,000 factors. Many vacationers can hit that mark with the mixture of a sign-up bonus, on a regular basis spending and a handful of paid flights.
Spend towards A-Listing standing
With the $99-and-up Southwest playing cards, you possibly can earn as much as 15,000 A-List Tier Qualifying Factors annually through spending. For each $10,000 you set in your card, you will earn 1,500 A-Listing TQPs. Maxing out this profit will get you nearly midway to elite standing, which at present sits at 35,000 factors.
The one Southwest card that does not qualify for the quick monitor to A-Listing is the Southwest Fast Rewards® Plus Credit score Card.
Who ought to skip a Southwest bank card?
Whereas a Southwest bank card could make sense for the airline’s most frequent fliers, not everyone seems to be a sensible candidate for these playing cards. Maintain procuring round if:
You do not stay close to or fly usually to a Southwest hub. Accessing frequent (and inexpensive) Southwest flights will make or break your satisfaction with an airline-specific bank card.
You like to optimize flight choice for price, not advantages. In the event you have a tendency to pick out probably the most inexpensive flight to your vacation spot no matter service, then a extra basic travel credit card will possible higher serve your wants.
You wish to fly in type. Southwest would not provide premium cabins for its flights, nor does it provide devoted lounges to its most prestigious members. If these conveniences are important to you, it might not be price going all-in on Southwest loyalty.
In the event you’re contemplating a Southwest bank card
For individuals who love flying Southwest, getting a Southwest bank card is a sensible alternative. You may earn helpful factors on each buy, plus further factors yearly that you just renew your card. Whereas higher-end Southwest playing cards have bigger annual charges, the additional advantages they provide usually make them a greater deal in case you fly Southwest regularly.
In the event you’re extra of a free agent in relation to journey, apply for a bank card that earns Chase Ultimate Rewards® as an alternative. Final Rewards® factors switch on a 1:1 foundation to Southwest Fast Rewards. Plus, they’ve higher flexibility as a result of the factors could be redeemed to fly with different airways, e book motels or reserve rental vehicles.
How one can maximize your rewards
You need a journey bank card that prioritizes what’s vital to you. Listed below are our picks for the best travel credit cards of 2021, together with these finest for: