Southwest® Rapid Rewards® Performance Business Credit Card

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Last updated on March 30th, 2022

Southwest® Rapid Rewards® Performance Business Credit Card

Southwest® Rapid Rewards® Performance Business Credit Card
  • Regular Purchase APR 16.24% to 23.24% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR 16.24% to 23.24% variable based on creditworthiness and the Prime Rate
  • Cash Advance APR 25.24% variable based on the Prime Rate
  • Annual Fee $199
  • Credit NeededBestCards.com uses a variation of FICO Score 8, which is one of many different types of credit scores. A financial institution may use a different score when deciding whether to approve you for a credit card.
    Excellent , Good
  • Processing Network Visa
Best Benefits
  • Earn 80,000 bonus points when you spend $5,000 in the first 3 months
  • Receive 9,000 bonus points after your Cardmember anniversary
  • Earn 4 points for every $1 you spend on Southwest Airlines® purchases
  • Earn 3 points for every $1 you spend on Rapid Rewards hotel and car rental partner purchases
  • Earn 2 points for every $1 you spend on local transit and commuting, including rideshare services
  • Earn 2 points for every $1 you spend on social media and search engine advertising, internet, cable, and phone services
  • Earn 1 point for every dollar you spend on all other purchases
  • 9,000 anniversary points each year
  • Earn 1,500 tier qualifying points toward A-List status for every $10,000 spent – with no limit on the amount of TQPs you can earn.
  • $500 Fee credit for points transfers when you use your Rapid Rewards Business Credit Card to transfer points to another Rapid Rewards Membe
  • Global Entry or TSA Pre✓® Fee Credit up to $100 every 4 years
Rates & Fees
  • Regular Purchase APR: 16.24% to 23.24% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR: 16.24% to 23.24% variable based on creditworthiness and the Prime Rate
  • Balance Transfer Transaction Fee: Either $5 or 5% of the amount of each transfer, whichever is greater
  • Cash Advance APR: 25.24% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $15 or 5% of the amount of each cash advance, whichever is greater
  • Penalty APR: Up to 29.99% variable based on the Prime Rate
  • Annual Fee: $199
  • Late Payment Penalty Fee: $40
  • Return Payment Penalty Fee: $40
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Southwest® Rapid Rewards® Performance Business Credit Card

Southwest® Rapid Rewards® Performance Business Credit Card

Terms & Conditions

At a Glance

When growing your business, traveling to trade shows, meeting clients, and networking can be crucial to your success; using a business airline rewards card that earns points from travel purchases can really make a difference. The Southwest® Rapid Rewards® Performance Business Credit Card, which offers up to 4X unlimited Rapid Rewards® points on business purchases and spending with Southwest Airlines®, as well as a suite of generous perks and benefits, is a great candidate for the small business owner who travels often.

Ideal for Those Who:

  • Are a small business owner who loves to fly Southwest Airlines®
  • Want to earn up to 4X points on travel and business purchases
  • Will take advantage of the chance to earn 80,000 bonus points by spending $5,000 on purchases in the first three months

Southwest® Rapid Rewards® Performance Business Credit Card Review

Small business owners will be pleased by the generous signup bonus offer available from the Southwest® Rapid Rewards® Performance Business Credit Card. Cardholders who spend $5,000 on purchases in the first 3 months since opening an account will earn a special bonus of 80,000 rewards points.

Rewards points can be accrued at a rate of 4X per $1 spent on all purchases made directly with Southwest Airlines®. Cardmembers also earn 3X points on on Rapid Rewards hotel and car rental partner purchases, 2X on a whole host of categories, including:

  • Local transit and commuting, including rideshares
  • Internet, cable, phone services, and select streaming

and 1X points on all other purchases.  As a thank you for being a Southwest® Rapid Rewards® Performance Business Credit Cardmember, each year on your anniversary you’ll receive a special bonus of 9,000 points from  Southwest.

Business Perks

The Southwest® Rapid Rewards® Performance Business Credit Card features several perks that will interest business owners that love to fly with Southwest Airlines®. Cardholders will get to experience everything that they love about flying with Southwest®, such as no bag fees, unlimited rewards seats without blackout dates, and no change fees – and they’ll also be treated to in-flight Wi-Fi credits, four upgraded boarding privileges per year, and even a Global Entry or TSA Pre✓® fee credit (in the form of a statement credit of up to $100 every 4 years).

Additionally, you can use your Southwest® Rapid Rewards® Performance Business Credit Card abroad without worrying about additional costs since there are no foreign transaction fees associated with the card. All purchases will earn tier-qualifying points towards A-List status, too.

Additional Employee Cards

For the business owner with staff, adding employee cards to the account is free; points earned by your employees will count toward your account’s rewards points total, so you can maximize your earning potential. For those who are looking to earn a Southwest Companion Pass, all of the points you and your employees accumulate can be put towards the reward threshold necessary for a companion to fly free.

Southwest Rapid Rewards Business Credit Card Comparison

Not sure which Rapid Rewards small business credit card from Chase is right for your personal needs? Here is a quick breakdown of all the business credit cards from Southwest Airlines and JP Morgan Chase:

southwest rapid rewards premier business 1200x630

Rapid Rewards® Premier Business Credit Card

60,000 bonus point introductory offer
  • 6,000 points every year on Cardmember anniversary
  • Earn 3X pts. on Southwest purchases
  • Earn 2X pts. on Rapid Rewards® hotels and car rental partner purchases.
  • Earn 2X pts. on local transit and commuting, including rideshare
  • Earn 1X on all other purchases
  • 2 EarlyBird Check-In per year.
  • Earn 1,500 TQPs toward A-List status for every $10,000 you spend/yr.
  • 25% inflight discount
  • Complimentary employee cards
  • $99 annual fee
southwest rapid rewards performance business 1200x630

Southwest® Rapid Rewards® Performance Business Credit Card

80,000 bonus point introductory offer
  • 9,000 points every year on Cardmember anniversary
  • Earn 4X pts. on Southwest purchases
  • Earn 3X pts. on Rapid Rewards® hotels and car rental partner purchases.
  • Earn 2X pts. on local transit and commuting, including rideshare
  • Earn 2x pts. on social media and search engine advertising, internet, cable, and phone services
  • Earn 1X on all other purchases
  • Earn 1,500 TQPs toward A-List status for every $10,000 you spend
  • 25% inflight discount
  • Complimentary employee cards
  • $199 annual fee
  • 4 upgraded bookings per year
  • Global Entry or TSA Pre✓® application fee credit

FAQs About Southwest Rapid Rewards

Here are some of the most commonly asked questions regarding Southwest’s Rapid Rewards loyalty program:

  • Yes. According to Southwest, you can request past flight points for up to 12 months after your flight.  To claim points for a past flight, simply log into your account, select My Account and choose the Manage tab within My Rapid Rewards.  Choose Request past points in the grey bar and enter your record locator (confirmation number) from your reservation. After verification of your flight information (up to 5 days), points will be deposited into your account.
  • Rapid Rewards Dining is a rewards program within the Rapid Rewards program. This features lets members earn points from dining with select Southwest restaurant partners.

Related Article: Dining Programs: How to Earn Airline Miles with Any Credit Card

Card Availability

Chase credit, debit, and banking products are available in all 50 U.S. states plus the District of Columbia.

card available nationwide

JP Morgan Chase and Southwest Visa Card Ratings

How does the Chase Southwest Visa stack up? Here are a selection of expert reviews for the card, as well as an overview of JP Morgan Chase as a bank:

5/5
4/5

TrustPilot Rating

N/A

User Rating

5/5

Should You Apply for the Southwest® Rapid Rewards® Performance Business Credit Card?

Although the Southwest® Rapid Rewards® Performance Business Credit Card from Chase has an annual fee of $199, once you reach altitude you’ll be cruising with all of the perks and benefits that accompany this card’s top rewards-earning potential. Business owners who are willing to invest their money towards top-tiered travel rewards each year certainly won’t want to miss their flight. 80,000 bonus points is more than three-quarters of the way to a Companion Pass, which is an exceptional value that is very difficult to pass up.

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