by Cory Santos | Last updated on January 19th, 2024
Southwest Rapid Rewards® Premier Credit Card
Southwest Rapid Rewards® Premier Credit Card
Southwest Rapid Rewards® Premier Credit Card
- 21.49% to 28.49% Variable Regular Purchase APR
- 21.49% to 28.49% Variable Balance Transfer APR
- 29.99% Variable Cash Advance APR
At a Glance
Frequent Southwest Airlines flyers will love the rewards they can redeem when using the Southwest Rapid Rewards® Premier, which grants yearly points just from being a cardmember.
- Best Benefits
- Rates & Fees
- Why Should You Apply?
- Earn 50,000 bonus points after spending $1,000 on purchases in the first 3 months from account opening.
- 6,000 anniversary points each year.
- Earn 3X points on Southwest® purchases.
- Earn 2X points on local transit and commuting, including rideshare.
- Earn 2X points on internet, cable, and phone services; select streaming.
- 2 EarlyBird Check-In® each year.
- No foreign transaction fees.
- Member FDIC
- Regular Purchase APR: 21.49% to 28.49% Variable
- Balance Transfer APR: 21.49% to 28.49% Variable
- Balance Transfer Transaction Fee: Either $5 or 5% of the amount of each transfer, whichever is greater
- Cash Advance APR: 29.99% Variable
- Cash Advance Transaction Fee: Either $10 or 5% of the amount of each transaction, whichever is greater
- Penalty APR: Up to 29.99% Variable
- Annual Fee: $99
- You travel often, especially with Southwest Airlines®
- You make frequent in-flight purchases
- You want the flexibility of redeeming points for flights, hotel stays, car rentals, and more
- You regularly check bags when flying
Southwest Rapid Rewards® Premier Credit Card
Terms & ConditionsIn-Depth Review: Southwest Rapid Rewards® Premier Credit Card
A step above the Rapid Rewards® Plus, the Southwest Rapid Rewards® Premier Credit Card offers essentially the same lineup of incentives. The Chase card is a premium airline rewards credit card that caters to those who prefer to fly with low-cost carrier Southwest Airlines but still want impressive travel benefits.
Who Can Benefit from the Rapid Rewards Premier Card?
The Rapid Rewards Premier Card is Southwest and Chase’s “mid-range” credit card, providing benefits slightly beyond the Plus Card ($69 annual fee) but less than the premium Priority Card ($149 annual fee). The card charges a $99 annual fee but backs that fee up with a selection of travel perks and enhanced rewards versus the Plus.
These features combine to create a co-branded airline card that caters to the casual traveler who wants to enjoy a more carefree travel experience thanks to free bags, anniversary bonus rewards, and the chance to earn lucrative Rapid Rewards points on various unique categories. The premium price point might turn some away from the card, but for those who plan to maximize their value, this card is an excellent tool for Southwest regulars.
How to Get the Rapid Rewards Premier Card
The Rapid Rewards Premier Visa Signature is targeted towards applicants with “good” or “excellent” credit applicants. Applying for credit cards from Chase is similar across the different co-brand relationships, Southwest Airlines included. You’ll need the following information to apply for the Plus Card:
- Aged 18 or older
- A U.S. mailing address (no PO Boxes permitted)
- SSN or ITIN
- FICO Score above 670 (good)
- Proof of income
You should also be aware of Chase’s 5/24 rule. This unofficial rule of Chase states that applicants won’t be approved for a new Chase card if they’ve opened five or more credit cards in the previous 24 months.
Guide to Rapid Rewards Premier Card Rewards
Welcome Offer
The Premier Visa Signature provides the exact same welcome offer as the Plus Card. New Southwest Rapid Rewards Plus cardmembers can enjoy a quality welcome bonus of 50,000 points after spending $1,000 on the card within 90 days of opening an account. That welcome bonus has a cash value of around $600 to $700 when booking an award flight with Southwest.
How to Earn Points
Like the welcome offer, everyday rewards with the Primer Card mimic the Southwest Rapid Rewards Plus Card, albeit with one twist. Cardholders earn the following Rapid Rewards points on all eligible purchases:
- Earn 3X points on Southwest® purchases.
- Earn 2X points on local transit and commuting, including rideshare.
- Earn 2X points on internet, cable, and phone services; select streaming.
- Earn 1 point for every $1 spent on all other purchases.
The 3X points on Southwest purchases are an excellent addition – and 1X more than what is found on the Plus Card. That earning rate makes the Premier Card an excellent option for those who prefer to fly with Southwest.
The Card also earns double points for every dollar on various purchases, including local transit, commuting, and rideshares. Cardholders also enjoy 2X points on phone/TV/internet providers and select streaming services. Every other dollar spent with the card earns a single point. There is no limit to the total number of points earnable. These rewards are similar across Chase and Southwest Airline’s personal credit card offerings.
Of note is adding “streaming services” as a bonus category. Here is how Chase defines as eligible “streaming services:”
Apple Music | HBO Max | Showtime | YouTube TV |
Apple TV | Hulu | SiriusXM | Vudu |
Disney+ | Netflix | Sling | |
ESPN+ | Paramount+ | Spotify | |
FuboTV | Peacock | YouTube Premium |
Earning Points with Partners
Premier cardmembers can earn additional Rapid Rewards points with Southwest Airlines partners. Here is where you can earn 2X Rapid Rewards points:
Type | Partners | |
---|---|---|
Hotel | SPG | Rocket Miles |
Best Western | Choice | |
Radisson | Hyatt | |
Marriott | MGM | |
Car rental | Alamo | Avis |
Budget | Dollar | |
Nationwide | Payless | |
Thrifty | SuperShuttle Executive | |
Other | Rapid Rewards points are also earnable when making purchases through the dedicated Southwest Rapid Rewards shopping portal, where members earn points for making purchases with hundreds of leading brands. | |
Registering with Southwest lets Rapid Rewards members earn one point for every dollar spent when filling up their tank at Marathon gas stations. | ||
Experiences booked with Southwest Experiences also earn Rapid Rewards points. |
Earn Additional Rewards Through Rapid Rewards Dining
Joining the Rapid Rewards Dining program allows Rapid Rewards members to earn points when they eat out. Additionally, new members receive impressive bonuses, including an additional 1,000 points after they dine out three times, an extra 500 points after earning their first 1,500 points through dining, and a thank-you bonus of 300 points after every 1,000 points they earn through the dining program.
Anniversary Bonuses
The Southwest Rapid Rewards® Premier has an anniversary bonus double what you’d get with the Rapid Rewards Plus Card. Cardholders receive a 6,000-point anniversary bonus on their cardmember anniversary each year. Valued at around $75 to $80, this anniversary bonus comes close to recouping that $99 annual fee – but falls just short. Still, the annual fee is easily recoverable with the offered benefits for cardholders who plan to use this card.
How to Redeem Rapid Rewards Points
When you begin to cash in on the rewards you’ve earned with your Southwest Rapid Rewards® Premier Card, you’ll notice that you can turn your Rapid Rewards points into just about anything; flexible rewards redemption is a big draw with this program.
- Travel:Once you’ve earned rewards for that dream trip you’ve been planning, you’re ready to redeem them. Points earned with the Southwest Rapid Rewards® Premier Card can be redeemed to book or upgrade travel on Southwest. Rewards can be used to save on flights, seat upgrades, and more (including Companion Passes!). Log into your Rapid Rewards account on the Southwest® homepage, select a flight, and pay with points; the sky is the limit!
- Hotels: With the Southwest Rapid Rewards® program, cardholders are eligible to book hotel stays with points earned from their Southwest Rapid Rewards® Premier Card at over 70,000 hotels across the globe.
- Car Rentals:Renting a car often makes travel easier, as you’re able to move at your own pace, make pitstops at your leisure, and take your time enjoying your destination. Points earned with the Southwest Rapid Rewards® Premier Card can be used to hire a car rental from several companies.
- Retail:Points can be redeemed with hundreds of retail partners for products, services, and even gift cards. Shop retail options, from golf balls and electronics to home goods, or find the right gift card from brands like Amazon, iTunes, Lowes, and more to treat yourself or a friend –use your points to purchase!
- Buy, Gift, or Transfer:Cardholders can use their Rapid Rewards points for a variety of purchases; they also have the option to gift points or transfer their points to whoever they’d like, even if they are not a cardholder. All the recipients must do is enroll in the Rapid Rewards program if they have not already. Points can even be donated to pre-selected charities; Southwest has chosen several charities that can accept points as donations.
Southwest Airlines Travel Benefits
The Southwest Rapid Rewards Premier Credit Card also has several other Southwest Airlines-centric perks. These include the airline’s Transfarency, meaning cardholders don’t have to worry about paying any hidden fees or change fees. You can check your first and second bags free of charge with Southwest’s bags fly-free service (weight and size limits apply).
Like other Southwest Rapid Rewards credit cards from Chase, the Rapid Rewards Plus Card offers an impressive selection of Southwest-centric travel features. These Rapid Rewards perks include:
- 2 EarlyBird Check-In® Vouchers Each Year: EarlyBird Check-In® is a low-cost option giving travelers the convenience of automatic check-in before Southwest’s traditional 24-hour check-in.
- 25% Back on In-Flight Purchases: Get 25% back on inflight purchases with Southwest when using the card.
- No change fees on reservations
- Unlimited reward seats
- No foreign transaction fees
The biggest change here is the addition of no foreign transaction fees on international transactions. This is a great feature for those who plan to travel abroad and don’t want to get stuck with a 3% charge on each transaction. The Priority Card also provides no foreign transaction fees, while the Rapid Rewards Plus Card charges a fee.
Visa Benefits
Chase’s Southwest personal credit cards also enjoy Visa Signature security protections and essential travel benefits. These features include the following:
Zero Fraud Liability | Cardholder Inquiry Services | Emergency Card Replacement | Luxury Hotel Collection | Extended Warranty Coverage |
Roadside Dispatch | Lost/Stolen Card Reporting | ID Navigator from Norton | Travel & Emergency Assistance |
Comparisons
Rapid Rewards Comparison
Rapid Rewards® Priority Credit Card | Rapid Rewards® Premier Credit Card | Rapid Rewards Plus Credit Card | |
---|---|---|---|
Annual fee | $149 | $99 | $69 |
Pts. on Southwest flights | 3X | 3X | 2X |
Pts. with Southwest partners | 2X | 2X | 2X |
Other pts. | All three southwest personal cards earn 2X on local transit, internet, cable, phone services, and select streaming; 1X on all else | ||
Flying perks | 2 Early Bird check-ins, 4 upgrade boardings, $75 travel credit | 2 Early Bird check-ins | 2 Early Bird check-ins |
In-flight savings | 25% back | 25% back | 25% back |
Anniversary pts. | 7,500 | 6,000 | 3,000 |
FTX fee | None | None | 3% |
Tips for Maximizing Rewards with Rapid Rewards
While the Southwest Rapid Rewards Premier Card comes with a hefty sign-up bonus, there are plenty of other ways to quickly build up Rapid Rewards points in addition to sign-up bonuses and purchasing flights, including transactions with the following Southwest Rapid Rewards partners:
Type | Partners | |
---|---|---|
Hotel | SPG | Rocket Miles |
Best Western | Choice | |
Radisson | Hyatt | |
Marriott | MGM | |
Car rental | Alamo | Avis |
Budget | Dollar | |
Nationwide | Payless | |
Thrifty | SuperShuttle Executive | |
Other | Rapid Rewards points are also earnable when making purchases through the dedicated Southwest Rapid Rewards shopping portal, where members earn points for making purchases with hundreds of leading brands. | |
Registering with Southwest lets Rapid Rewards members earn one point for every dollar spent when filling up their tank at Marathon gas stations. | ||
Experiences booked with Southwest Experiences also earn Rapid Rewards points. |
What We Like About the Card
No Foreign Transaction Fee
The Rapid Rewards Premier Card’s lack of a foreign transaction fee is great. Sure, it is a feature with plenty of airline cards, but it isn’t a given for carriers who either focus on the United States or are low-cost carriers.
Southwest does both, so no foreign transaction fee is stellar – especially with the brand’s growing footprint. The carrier operates flights to over 100 destinations in 42 states, plus Puerto Rico, Mexico, Central America, and the Caribbean.
Things to Consider
Annual fee
Yes, the card has an annual fee – and an anniversary bonus to help pay down that annual fee – but the $99 yearly charge is frustrating. That’s because what’s on offer with the card isn’t dramatically different enough from the Plus to justify a $30 annual fee increase. There is 1X point more on Southwest bookings and purchases, double the anniversary points, and no foreign transaction fees – but you need to decide if that is worth the extra squeeze.
FAQs
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
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:
BestCards | Better Business Bureau | TrustPilot |
4.5/5 |
3.5/5 |
2/5 |
Should You Apply for the Southwest Rapid Rewards® Premier Credit Card?
Overall, a great package of perks for those who find themselves frequently booking with Southwest Airlines. There are three major differences between the Rapid Rewards® Plus and the Rapid Rewards® Premier: The annual fee, cardmember anniversary bonus points, and foreign transaction fee. If you opt for the Rapid Rewards® Premier, you’ll have a $99 annual fee – $30 more than the Rapid Rewards® Plus’ $69 fee – applied to your first billing statement. However, being a Rapid Rewards® Premier cardmember nets you 6,000 bonus points each account anniversary – double the amount you’ll earn with the Rapid Rewards® Plus.
Finally, the Southwest Rapid Rewards® shines above the Plus in that you can freely use it abroad without the worry of foreign transaction fees. Even if you only fly internationally on occasion, you could potentially save a considerable amount on surcharges if you happen to make a sizable purchase.
Editorial Disclosure – The opinions expressed on BestCards.com's reviews, articles, and all other content on or relating to the website are solely those of the content’s author(s). These opinions do not reflect those of any card issuer or financial institution, and editorial content on our site has not been reviewed or approved by these entities unless noted otherwise. Further, BestCards.com lists credit card offers that are frequently updated with information believed to be accurate to the best of our team's knowledge. However, please review the information provided directly by the credit card issuer or related financial institution for full details.