New 120k limited-time affords on Enterprise playing cards. Southwest Airways Speedy factors are very versatile, as they allow you to use factors to guide mainly any out there seat that may very well be purchased with money. A conservative approximation from my expertise is 1.3 cents in Wanna Get Away airfare in per level. That works out to roughly $650+ in Wanna Get Away airfare for each 50,000 Southwest factors. That additionally means 120,000 factors is value roughly $1,560 in Wanna Get Away airfare. Plus, they nonetheless provide two free checked luggage on all flights.
As well as, their Companion Move permits you to choose one particular person to fly with free whenever you guide each paid AND award flights (together with to Hawaii!) on Southwest. When you qualify by incomes 135,000 factors in a calendar yr, you earn the Companion Move for each the remainder of the yr wherein you earn it AND the entire subsequent yr (ex. remainder of 2024 + all of 2025). Importantly, all factors earned from bank cards rely towards the requirement, and every card additionally affords a ten,000 level increase towards the Companion Move requirement. Oftentimes should you get each a brand new private and a brand new enterprise card in the identical yr, you’ll be able to meet this requirement with the brand new cardmember bonuses alone (particularly should you embrace the spending required to unlock the bonus).
Southwest Speedy Rewards® Plus Credit score Card
- 50,000 bonus factors after spending $1,000 on purchases within the first 3 months from account opening.
- Obtain 3,000 anniversary factors annually.
- 10,000 Companion Move® qualifying factors increase annually.
- 2X factors on Southwest(R) purchases.
- 2X factors on native transit and commuting, together with rideshare.
- 2X factors on web, cable, and cellphone providers, and choose streaming.
- 1 level per $1 spent on all different purchases.
- 2 EarlyBird Test-In(R) annually
- 25% again on inflight purchases
- All factors earned rely in the direction of Companion Move(R).
- $69 annual payment.
Southwest Speedy Rewards® Precedence Credit score Card
- 50,000 bonus factors after spending $1,000 on purchases within the first 3 months from account opening.
- Obtain 7,500 anniversary factors and a $75 Southwest® journey credit score annually.
- 10,000 Companion Move® qualifying factors increase annually.
- 3X factors on Southwest purchases.
- 2X factors on native transit and commuting, together with rideshare.
- 2X factors on web, cable, and cellphone providers, and choose streaming.
- 1 level per $1 spent on all different purchases.
- 2 EarlyBird Test-In(R) annually
- 25% again on inflight purchases
- 1,500 TQPs towards A-Checklist standing for each $5,000 spent in purchases yearly (no restrict on TQP earned).
- 4 Upgraded Boardings per yr when out there.
- $149 annual payment.
The next are enterprise bank cards:
Southwest® Speedy Rewards® Efficiency Enterprise Credit score Card
- As much as 120,000 complete bonus Southwest factors. Earn 80,000 factors after you spend $5,000 on purchases within the first 3 months from account opening and an extra 40,000 factors whenever you spend $15,000 in 9 months. When you embrace the factors earned from the purchases required to succeed in the 120k complete bonus throughout the calendar yr, collectively you should have earned sufficient factors to qualify for the Companion Move.
- 9,000 bonus factors after every Cardmember anniversary.
- NEW: 4X factors on Southwest(R) purchases.
- 3X factors on Speedy Rewards® resort and automotive rental companions.
- NEW: 2X factors on rideshare.
- 2X factors on social media and search engine promoting, Web, cable and cellphone providers and 1 level per $1 spent on all different purchases.
- 4 Upgraded Boardings per yr when out there.
- Inflight WiFi Credit (as much as 365 x $8 credit per yr).
- International Entry or TSA PreCheck® Charge Credit score within the type of an announcement credit score of as much as $100 each 4 years.
- $199 annual payment.
Southwest® Speedy Rewards® Premier Enterprise Credit score Card
- As much as 120,000 complete bonus Southwest factors. Earn 60,000 factors after you spend $3,000 on purchases within the first 3 months from account opening and an extra 60,000 factors whenever you spend $15,000 in 9 months. When you embrace the factors earned from the purchases required to succeed in the 120k complete bonus throughout the calendar yr, collectively you should have earned sufficient factors to qualify for the Companion Move.
- 6,000 bonus factors after every Cardmember anniversary.
- 3X factors on Southwest(R) purchases.
- 2X factors and Speedy Rewards® resort and automotive rental companions.
- 2X factors on native transit and commuting, together with rideshare.
- 1 level per $1 spent on all different purchases.
- 2 EarlyBird Test-In(R) annually
- $99 annual payment.
Worth of Speedy Rewards factors. Redeeming Southwest factors for flights varies in a slender vary, however a really affordable approximation from my expertise is 1.3 cents in Wanna Get Away airfare in per level. That works out to $650+ in Wanna Get Away airfare for each 50,000 factors or $1,300+ in Wanna Get Away airfare from 100,000 factors (you might be nonetheless chargeable for taxes and costs from $5.60 one-way). Importantly, Southwest does NOT have blackout dates or seat restrictions whenever you redeem with factors. Because of this Southwest factors are a lot simpler to make use of than a “saver award” on conventional airways.
Now, should you handle to qualify for the the Companion Move on each journey that you just guide with these factors, that doubles the potential worth of every award redemption. In different phrases, 125,000 Speedy Rewards, would often get you $1,850 in Wanna Get Away airfare, however with the Companion Move you’d get an additional companion ticket for each flight booked.
There could also be different choices like reward playing cards, however the redemption worth is lower than half the worth you can get from redeeming for flights.
Southwest factors expiration coverage, per Southwest.com:
Do the factors I earn expire?
No, your Speedy Rewards factors don’t expire. Nevertheless, should you select to shut your account, the factors in your account will likely be terminated.
Southwest nonetheless consists of two free checked luggage per particular person. The charges on the opposite airways have crept as much as $30 per bag, each-way. That provides up.
Our household coverage is to not check out a brand new bank card until it affords us $500 in complete worth. Simply the free award flights from the factors are sufficient to fulfill that rule, after which you’ll be able to add on the potential worth of the companion tickets.
Card restrictions. All of those Southwest bank cards are topic to “5/24” restrictions, which signifies that your utility will likely be routinely denied in case you have opened 5 or extra bank cards within the final 24 months (test your credit score reviews). Our family technique is to have one particular person solely apply for Chase 5/24 playing cards, and the opposite particular person applies for all the pieces else. There may be additionally this language on the patron card:
The product is just not out there to both (i) present Cardmembers of any Southwest Speedy Rewards® Credit score Card, or (ii) earlier Cardmembers of any Southwest Speedy Rewards Credit score Card who obtained a brand new Cardmember bonus throughout the final 24 months. This doesn’t apply to Cardmembers of the Southwest Speedy Rewards Enterprise Card and Worker Credit score Card merchandise.
Principally, you may get one sign-up bonus from a Southwest client card as soon as each 24 months. You’ll be able to additionally get one sign-up bonus from a Southwest enterprise card as soon as each 24 months.
Stack your Companion Move with Chase Final Rewards factors. You probably have the Chase Sapphire Most well-liked or Chase Sapphire Reserve, you’ll be able to switch Final Rewards factors to Southwest factors on a 1:1 foundation. When you guide an award flight with these Southwest factors whilst you have the Companion Move, you’ll be able to double the worth of your Final Rewards factors as effectively.
Backside line. Southwest bank cards provide new cardholders the chance to earn lots of of {dollars} value of Wanna Get Away airfare, however should you time issues proper and perhaps mix the welcome affords from a private and enterprise card, you may as well seize the Southwest Companion cross, which gives a free companion ticket on each flight purchased with money OR factors booked each throughout the remainder of the yr wherein you earned it, AND the total subsequent calendar yr. Lastly, Southwest nonetheless consists of two free checked luggage per particular person on each flight.
Additionally see: High 10 Greatest Credit score Card Bonus Affords and the High 10 Greatest Enterprise Card Affords.
