You Can Get a Huge Signup Bonus on the Southwest Airlines Chase Credit Card Right Now


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Southwest recently took the expiration date off its Rapid Rewards points program. And now, its co-branded credit card with Chase is offering the chance to rack up a gigantic pile of never-expiring points to use as you please.

New Southwest Rapid Rewards cardholders can earn this two-part signup bonus:

  • Earn 40,000 points when you spend $1,000 on purchases in your first three months with the card
  • Earn 35,000 points after you spend $5,000 on purchase in your first six months after opening the card.

Together, that’s 75,000 points. That’s enough to get from New York City to Los Angeles and back, with points left over.

There are three tiers of the Rapid Rewards card. “Plus” has a $69 annual fee, the “Premier” card has a $99 annual fee, and the fee for the “Priority” card comes in at $149 per year.

If you’ve gotten a signup bonus for a Southwest Rapid Rewards card in the past two years, you’re ineligible to receive the signup bonus; if you currently hold a Rapid Rewards credit card at any level, you aren’t eligible for this offer.

The signup bonus is one of the best out there right now. While it’s high, with a mandatory $5,000 spend in six months, it’s one of the longest signup bonus periods I’ve seen. Typically, the initial spending period gets bunched in to three, sometimes four months, which can often lead to overspending if you don’t already make a lot of credit card transactions.

If you’ve got big travel plans, you might want to try using your signup bonus toward a Companion Pass. Previously, you could earn a free seat next to yours once you earned 110,000 Rapid Rewards points in a single year. On January 1, that jumped up to 125,000 points.

If you get the new signup bonus, you’ll still have to earn 50,000 points to get that coveted friends-fly-free status. And since the most you’ll earn with the Southwest card is two points for every dollar spent on airfare and partner travel purchases, you will need to plan ahead to either spend enough or travel enough to earn the difference. Then you’ll want to ensure you can still afford to fly somewhere with your chosen companion during the 12 months you get to bask in the Companion Pass glory. We’ve got a guide to credit surfing if you’re looking for some tips for managing your new card.

If you already have a Southwest credit card and have FOMO, there’s still a way to earn extra points. You can refer up to five people to the card and earn 10,000 points for each signup. They win, you win, you all go on vacation somewhere warm, everybody wins.

Will you try to snag this signup bonus? Let us know in the comments—I’d love to know about your strategy for meeting the spending minimum.