The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.
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The Southwest Rapid Rewards® Premier Business Card is best suited for those small businesses who frequently use Southwest Airlines as their primary airline. It currently features a welcome bonus of 60,000 points after you spend $3,000 on purchases in the first 3 months your account is open. Plus, cardmembers can earn 6,000 bonus points after each account anniversary year. The card’s rewards program allows you to earn 2X points per $1 spent on Southwest purchases and Rapid Rewards hotel and car rental partner purchases and 1X point per $1 spent on all other purchases. This card does charge a $99 annual fee, but offers nice Southwest Airlines perks.
Southwest Rapid Rewards Premier Business Card
 The Southwest® Rapid Rewards® Premier Business Credit Card offers up to 120,000 points. Earn 60,000 points after you spend $3,000 on purchases in the first 3 months from account opening and an additional 60,000 points when you spend $15,000 in 9 months. You'll earn • Earn 3X points on Southwest Airlines purchases. • Earn 2X points on Rapid Rewards hotel and car partners. • Earn 2X points on rideshare. • 1 point per $1 spent on all other purchases. This card does carry a $99 annual fee and there are no foreign transaction fees. Member FDIC |
Why You Should Apply for This Card:
Sign Up Bonus: Earn 60,000 points after you spend $3,000 on purchases in the first 3 months your account is open. Since Southwest Rapid Rewards Points are worth around 1.5 cents per point, this bonus will not only send you more than halfway toward earning a Southwest companion pass, but it will also earn you about $900 worth of free Southwest flights.
Annual Bonus: This card offers a unique perk where you can earn 6,000 bonus points after your cardmember anniversary. This bonus is worth about $90 of free Southwest flights.
Earn Up to 2X Points: Enjoy 2 points per $1 spent on Southwest purchases and Rapid Rewards hotel and car rental partner purchases. Earn 1 point per $1 spent on all other purchases. There are no blackout dates when you redeem your points, no seat restrictions, two free checked bags (bags fly free), and no change fees. You can also redeem Rapid Rewards points for experiences, merchandise, rental cars, and gift cards through Southwest More Rewards.
Other Card Benefits:
Fast Track to a Companion Pass: Companion Pass status is designed for heavy spenders who regularly fly Southwest. To earn it, you have to have 100 qualifying one-way flights or earn 110,000 qualifying Rapid Rewards points during the calendar year. Some of the other ways to earn the Companion Pass include the purchase rewards earned with your Southwest Rapid Rewards® Premier Business Card. You can also earn qualifying points with participating Rapid Rewards partners for travel, home, and dining purchases. With this pass, you can bring along a travel partner at no additional fare charge (fees and taxes must be paid) for the rest of this year and next year. There’s no limit to how many times you can use this benefit. Companion Pass holders can travel with as many individual companions throughout the year as you like, but you can’t travel with more than one companion per flight.
Earn Tier Qualifying Points (TQPs): TQPs can be earned and used for Rapid Rewards elite status to get sweet perks. For every $10,000 in eligible purchases, you earn 1,500 TQPs. You can earn a max of 15,000 TQPs per year. For 35,000 TPQs per year (or 25 one-way qualifying flights), you can get A-List status which enables you to get priority check-in, security, and boarding, a dedicated phone line, free same-day standby, and 25% earnings bonus on Southwest flights. For 70,000 TPQs per year (or 50 one-way qualifying flights), you can get A-List Preferred status which gets you all the above, plus free in-flight Wi-Fi and 100% earnings bonus on Southwest flights.
Employee Cards at No Additional Cost: Earn points when your employees use their card. Be aware that if employees are allowed to use the account, they will be authorized users and will have equal charging privileges unless you established individual spending limits.
No Foreign Transaction Fee: Use this card when traveling abroad without paying a foreign transaction fee to keep earning your rewards.
Travel and Purchase Perks: The Southwest Rapid Rewards® Premier Business Card offers perks including lost luggage reimbursement, baggage delay insurance, purchase protection, and extended warranty protection.
Bottom Line:
For small business owners who often fly Southwest, the Southwest Rapid Rewards® Premier Business Card offers a great sign-up bonus, yearly bonus, and perks enough to justify the annual fee. However, to get the best value out of this card, you would need to spend enough to get the Companion Pass and status. If you do not frequently fly Southwest Airlines and you’re wanting more flexibility in how you use your points, I recommend looking for a different card. Check out our full list of best Chase credit card promotions and browse our other featured credit card bonus promotions to find the one that best suits you.
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The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.
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