Have You Taken Advantage Of The Southwest 50K Bonus Yet?

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Link: Southwest Rapid Rewards® Premier Credit Card

For a bit over a month now Chase has been offering a new sign-up bonus where you can earn 50,000 points after spending $2,000 on purchases in the first three months your account is open on the Southwest Rapid Rewards® Premier Credit Card, provided you haven’t received a sign-up bonus on this card in the past 24 months.

While this is not an offer I will personally be taking advantage of (given that I prefer to earn and redeem miles for international premium cabins), I do think this is a great option for domestic travel, both for how generous the sign-up bonus is, and the 6,000 points you receive each anniversary which helps offset the annual fee.

Also keep in mind that if you rack up 110,000 points in a year you’ll earn Companion Pass with Southwest, which allows someone else to travel with you for the entire year. For domestic travel that’s a value that’s tough to beat. And now’s a great time to get the card, since you can push reaching the minimum spend off into the first few weeks of next year, which should allow you to qualify for the Companion Pass for the subsequent two years.

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Comments

  1. I have not.
    They have very few flights to NYC. While $500 in gift cards would be nice it’s not really worth breaking an app cycle.

  2. I don’t understand, you say that you didn’t take the offer because you prefer premium travel internationally? Do you not travel domestically at all, or plan to travel domestically in the next two years? Seems a little odd to me that two bloggers have now stated that they’d not be taking advantage of this offer even if it is such a good deal. Maybe this is a sign of things to come, like the bonus not counting towards the pass or a better offer on the horizon. Guess we’ll see!

  3. @ Keaton — The main reason I stick to American for my domestic travels is because I need the miles in order to requalify for Executive Platinum. For me those perks are incredibly valuable, and I couldn’t qualify for it if I didn’t fly American domestically whenever possible.

  4. Makes sense to me! I suppose once you get to the elite tiers on the bigger airlines the companion pass on SW really looses its value. At that point you’re likely flying a crazy amount or spending a good deal of money on a point earning cards. 🙂

  5. @ Ben,

    I was approved for the premier and plus cards using your link. The companion pass will come in handy next year when I visit family and need to bring my fiancé along.

  6. Amanda – I believe both the 50,000 point initial bonus and the 6,000 point anniversary bonus currently post along with cc purchases as “rapid rewards credit card” (which means they do currently count toward CP).

    Keaton – not necessarily. I’m UA MM/Gold for life, and use UA/Star for most of my international travel (just completed a US Airways 90K Biz redemption to Asia, thanks to Lucky’s blog). But my GF and I use the CP for most of our domestic travel on Southwest, (and even when I’m traveling solo domestically, I usually fly WN because of the flexibility to change/cancel without charge).

    (Maybe if I was higher status with UA, so my 1st class upgrades cleared more often, I’d fly them more domestically. I do fly UA domestically when “free same day confirmed change” is likely to be useful.)

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