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Home » New Southwest Business Credit Card Rewards – Earn up to 120,000 Points
Business

New Southwest Business Credit Card Rewards – Earn up to 120,000 Points

i2wtcBy i2wtcJuly 1, 2024No Comments5 Mins Read
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Southwest® Rapid Rewards® Performance Business Credit Card

  • Rewards

    Earn 4x points on Southwest® purchases, 3x points at Rapid Rewards® hotel and car rental partners, 2x points on rideshares, 2x points on social media and search engine advertising, internet, cable and phone services, and 1x points on all other purchases.

  • Welcome Bonus

    Earn up to 120,000 points: Earn 80,000 points after you spend $5,000 on purchases in the first 3 months after account opening, and an additional 40,000 points after you spend $15,000 on purchases in the first 9 months.

  • Annual fee

    $199 applied to your first billing statement

  • Getting Started APR

  • Normal APR

  • Balance transfer fee

  • Foreign Transaction Fee

  • Credit Required

Member FDIC. Terms and conditions apply.

  • Bonus will count towards your Southwest Companion Pass.
  • Ongoing generous benefits
  • Free Employee Cards

  • High annual fee
  • No introductory APR offer
  • Not as rewarding as other cards for certain purchases

Show more

Show less

Southwest® Rapid Rewards® Premier Business Credit Card

  • Rewards

    Earn 3x points on Southwest® purchases, 2x points on local transportation and commuting including rideshare, 2x points on Rapid Rewards® hotel and car rental partnerships, and 1x points on all other purchases.

  • Welcome Bonus

    Earn up to 120,000 points. Earn 60,000 points after you spend $3,000 on purchases in the first 3 months after account opening, and another 60,000 points after you spend $15,000 on purchases in the first 9 months.

  • Annual fee

  • Getting Started APR

  • Normal APR

  • Balance transfer fee

  • Foreign Transaction Fee

  • Credit Required

To qualify for the bonus offers on either card, you must not currently own the card and have not received a new cardholder bonus for that card within the past 24 months.

If this sounds like you, all you have to do is spend money on your card and earn bonus points. Here’s how:

  • With the Performance Business Card, you’ll earn 80,000 points after you spend $5,000 on purchases within the first three months after account opening, and you’ll earn an additional 40,000 points after you spend $15,000 within the first nine months after account opening, for a total of 120,000 bonus points.
  • With the Premier Business Card, you’ll earn 60,000 points after you spend $3,000 on purchases within the first three months of opening your account, and earn another 60,000 points after you spend $15,000 within the first nine months of opening your account, for a total bonus point total of 120,000 points.

One way to earn a Companion Pass is to earn 135,000 points in any calendar year. Once you reach this threshold, your Companion Pass will be valid for the remainder of the calendar year in which it was earned, plus one year after that.

This benefit allows one person to fly free (excluding taxes and fees), so we recommend maximizing the length of time you hold your pass before becoming eligible again.

We’re halfway through 2024, but if you think you can spend $15,000 worth of expenses on the card in a short period of time, the bonus 120,000 points plus (at least) the 15,000 points you’ll earn on that spending will qualify you for the Companion Pass. You could still spend most of 2024 and all of 2025 on the Companion Pass.

Southwest Rapid Rewards® Plus Credit Card

  • Rewards

    Earn 2X points on Southwest® purchases, 2X points on local transportation and commuting including rideshare, and 2X points on internet, cable, phone services and select streaming services. 1X points on all other purchases.

  • Welcome Bonus

    Earn 50,000 bonus points after you spend $1,000 on purchases in the first 3 months after account opening.

  • Annual fee

  • Getting Started APR

  • Normal APR

  • Balance transfer fee

  • Foreign Transaction Fee

  • Credit Required

Southwest Rapid Rewards® Premier Credit Card

  • Rewards

    Earn 3X points on Southwest® purchases, 2X points on local transportation and commuting including rideshare, and 2X points on internet, cable, phone services and select streaming services. 1X points on all other purchases.

  • Welcome Bonus

    Earn 50,000 bonus points after you spend $1,000 on purchases in the first 3 months after account opening.

  • Annual fee

  • Getting Started APR

  • Normal APR

  • Balance transfer fee

  • Foreign Transaction Fee

  • Credit Required

Southwest Rapid Rewards® Priority Credit Card

  • Rewards

    Earn 3X points on Southwest® purchases, 2X points on local transportation and commuting including rideshare, and 2X points on internet, cable, phone services and select streaming services. 1X points on all other purchases.

  • Welcome Bonus

    Earn 50,000 bonus points after you spend $1,000 on purchases in the first 3 months after account opening.

  • Annual fee

  • Getting Started APR

  • Normal APR

  • Balance transfer fee

  • Foreign Transaction Fee

  • Credit Required

Southwest isn’t the only airline that offers perks that allow you to save money by bringing a travel companion along. For example, Delta offers Delta Companion Certificates to Delta SkyMiles Credit Card holders as a perk when they renew their card annually. These cards include:

Terms and conditions apply.

Delta offers two types of Companion Certificates across its co-branded credit cards: one valid for domestic Main Cabin flights and one valid up to domestic First Class. The First Class Companion Certificate is the better deal as it is usually the most expensive ticket. Cardholders can add a companion to eligible Delta domestic roundtrip flights for just taxes and fees. All you need to do is book your flight and pay the taxes and fees for the companion.

Subscribe to the CNBC Select newsletter!

Your money is important, so make the most of it. Get expert tips, strategies, news and everything you need to make the most of your money delivered straight to your inbox. Sign up here.

CNBC Select’s mission is to provide our readers with quality service journalism and comprehensive consumer advice to help them make informed decisions about their money. Every credit card story is based on rigorous reporting by our team of expert writers and editors with extensive credit card knowledge.. While CNBC Select earns commission from affiliate partners on many offers and links, we create all content without input from our commercial team or any outside third parties and pride ourselves on our journalistic standards and ethics.

Check out more coverage from CNBC Select credit card, Banking and moneyand follow us Tick ​​tock, Facebook, Instagram and twitter Get the latest updates.

Editor’s note: Any opinions, analyses, reviews or recommendations expressed in this article are solely those of Select editorial staff and have not been reviewed, approved or endorsed by any third party.





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