Southwest Visa 50,000 Point Sign-Up Bonus Is Back

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Link: Southwest Rapid Rewards® Premier Credit Card

Chase has officially brought back a limited time 50,000 point sign-up bonus on their co-branded Southwest Airlines Rapid Rewards Card after spending $2,000 within three months, provided you haven’t earned a bonus on the card in the past 24 months. The same offer is also available for the Southwest Airlines Rapid Rewards® Premier Business Card. The card has a $99 annual fee, which isn’t waived the first year.

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.

Link:Southwest Rapid Rewards® Premier Credit Card


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Comments

  1. Lucky, while I understand and respect that you prefer to earn and redeem miles for international premium cabin travel (as do I!), I don’t find that to be a compelling reason for you to say you won’t be taking advantage of this offer.

    Wouldn’t it have been great to have these points in your back pocket last year when you were trying to get to Chicago for the Frequent Traveler University and revenue tickets were through the roof? I know you ended up doing your “fly around the world to Chicago” trip (and we appreciate the subsequent reports from that!), but I can’t imagine an option like that is always going to be feasible, or always something that you’re going to want to do. In any case, you could’ve traveled to Chicago for free instead of paying the ~$1000 that you shelled out for that trip. I know that in our world, $1000 was a crazy good value for what you got out of that trip, but in absolute terms, you still spent $1000 to get to Chicago when you could’ve spent $10 (or whatever the taxes/fees are on a WN ticket booked with points). Putting relative value aside, sometimes free is free, right?

    Or, wouldn’t it be great to have these points on hand for a random trip to visit your parents? It’s not like you have trouble requalifying for EXP/MVP Gold 75k, etc, so it seems like the opportunity cost here is pretty low (a couple thousand redeemable miles, perhaps).

    Or better yet, sign up for the credit card, but use the points to book a ticket for your parents to fly to Seattle and visit you! You don’t have to fly WN, they get a free ticket, you guys get to see each other, and everybody wins!

    Anyway, just my two cents!

  2. So if you get both the personal and the business cards, is that 100K towards the 110K needed for the companion pass?

  3. When looking on their website, Southwest has four cards. Two business and two personal. In theory, you could get 200000 miles??

  4. I have the Premier personal card, applied last Oct. I also applied for the Premier Business Card last Oct and was denied, even after arguing my case with the reconsideration line (said that my having the Ink card was enough and they couldn’t move credit. I have since canceled my BA card in hopes to free up more Chase credit). So my question is, can I get another 50k points for applying to the personal version of the Plus card (as KennyB links to above)? Or should I try for the Premier Business again? I can’t find a definite answer as to if I am eligible for the bonus with the personal Plus if I just got the personal Premier last Oct. Thanks.

  5. So if I have already hit the bonus on a Premier personal card in 2013, can I be approved for the Plus personal and Plus business card as well? I’m trying to decide whether I should apply for it, or get my wife to (who doesn’t have any debt other than our mortgage).

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