Southwest Rapid Rewards Premier Credit Card Review

Earn Southwest points with this credit card from Chase.

Update: Some offers mentioned below may have changed or are no longer available. View current credit card offerings from our partners at CardCritics here or on the issuer’s website.

For customers who fly primarily with Southwest Airlines, the Southwest Rapid Rewards Premier Visa credit card from Chase offers a lucrative rewards system with points that don’t expire. Cardholders can easily earn back the $99 annual fee by redeeming their points for free flights, hotel stays, gift cards and more.

If you’re shopping for a new airline credit card, find out if this Southwest credit card is right for you.

Southwest Rapid Rewards Premier Card at a Glance
APR  17.74 percent to 24.74 percent, depending on creditworthiness
  • 2x points for every $1 spent on Southwest flights plus car rental and hotel partners
  • 1x points for every $1 spent on all other purchases
  • 6,000 cardholder anniversary points
Introductory Offer Earn 40,000 Southwest points after spending $1,000 within the first three months
Annual Fee  $99
Foreign Transaction Fee None
Late Payment Fee Up to $37
Returned Payment Fee  Up to $37
Rates accurate as of Sept. 24, 2018.
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What You Need to Know About the Southwest Rapid Rewards Premier Credit Card

As long as your Southwest Airlines credit card is open or you have qualifying activity within 24 months, Rapid Rewards points don’t expire.

Also, each $10,000 in purchases — up to $100,000 annually — equals 1,500 tier qualifying points. By earning 35,000 tier qualifying points, you can qualify for “A-List Status,” which comes with perks like priority boarding and check-in, 25 percent additional Rapid Rewards points for each flight, complimentary same-day standby and a dedicated phone line.

Southwest Airlines Rapid Rewards Credit Card: Earn Free Flights and Travel Perks

Best Features of the Southwest Rapid Rewards Premier Credit Card

The Southwest Rapid Rewards card allows cardholders to redeem their points for free flights, hotel stays, car rentals, gift cards and merchandise. Points can also go toward earning a Companion Pass, which permits cardholders to bring along one person for every flight they take — free of charge, barring taxes and fees. You’ll need to earn 110,000 qualifying points in a single calendar year to activate the Companion Pass for the rest of the year as well as the following calendar year.

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This rewards credit card comes with travel protection and purchase protection benefits as well.

Pros and Cons of the Southwest Rapid Rewards Premier Credit Card

There are many benefits to opening this Southwest rewards card:

  • No foreign transaction fees
  • Rewarding points system with various perks
  • No penalty fees for returned checks or exceeding the credit limit

However, potential customers should also consider the limitations of this Southwest credit card:

  • Annual fee of $99 isn’t waived for the first year
  • No introductory APR for purchases or balance transfers
  • Up to $37 in penalty fees for late payments on balances of $250 or more

Southwest Rapid Rewards Premier Credit Card Designed for Frequent Southwest Flyers

One of the best perks of this Chase Southwest Visa card is the Companion Pass, which allows members to earn free flights for family and friends. People who travel often with Southwest for business or leisure will find that their points accrue more quickly with the tiered rewards system. However, if you tend to fly with different airlines or won’t use the card enough to justify the $99 annual fee, you might want to consider a different rewards credit card.

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Click through to read about the best travel rewards cards for you to choose from.

More on Airline Credit Cards

This content is not provided by the companies mentioned. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by Southwest Airlines.

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About the Author

Grace Lin

Grace joined the GOBankingRates team in 2017 with an editorial background in print journalism and magazines. Prior to editing and writing for GOBankingRates, Grace pitched books and movies from Renaissance Literary & Talent, a literary agency and management firm representing clients such as the estate of Audrey Hepburn, Kirk Douglas, Goldie Hawn and Heidi Murkoff of the "What to Expect When You're Expecting" series.

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