The 50,000 point sign-up bonus after spending $2,000 on the Southwest credit cards seems to come and go every few months. The good news is it has now returned! There are four different versions of the Southwest credit cards. This includes a business and a personal version of the Plus and Premier cards. The cards are very similar, but they are considered unique products by Chase. The main difference is that the Plus cards have a $69 annual fee and the Premier cards have a $99 annual fee. This FT thread has links to the Plus cards. I have the official link to the Premier card shown below. If you are just starting out, the Plus cards likely make more sense due to the lower annual fee, but if you have already had that card and now need a different one to keep expenses separate or similar, then the Premier would be good for you.
- Get 50,000 points for 2 Roundtrip Flights after you spend $2,000 in the first 3 months of opening your account. Government fees as low as $10 not included.
- Get 6,000 points after your Cardmember Anniversary.
- Earn 2 points per $1 spent on Southwest Airlines® and AirTran Airways® purchases made directly with the airlines and on Rapid Rewards Hotel and Car Rental Partner purchases.
- Earn 1 point per $1 spent on all other purchases.
- Redeem points for gift cards, car rentals, cruises, hotel stays, and international flights to over 800 Destinations on 50+ global carriers.
- No foreign transaction fees
Use the Southwest Credit Cards to Obtain Companion Pass:
As you may have heard me say before, the best deal in family travel (at least for those who can fly Southwest conveniently) is the Companion Pass. You need 110,000 qualifying points to earn the Companion Pass so that your designated companion can fly free with you on any Southwest operated flight whether your ticket was purchased with cash or points. The 50,000 credit card sign-up bonus have been counting for years toward the Companion Pass, so this can give you a quick jolt toward getting to 110k. This is a very good time of the year to get the credit cards and work toward the pass as quickly as possible as it is good the year you earn it and the next year.
Southwest Devaluation Coming:
Do be aware that effective March 31st Southwest will be devaluing their points by 15%, so while the 50,000 sign-up bonus points are worth over $835 toward “Wanna Get Away” right now, if you get them and/or use them after March 31st they will be worth $710 toward “Wanna Get Away” fares. That is still a bunch of travel for one sign-up bonus, but it is something to be aware of.
I don’t see an expiration date for this offer yet, but I will share one if it becomes available. Good luck if you decide to go for one of these cards!
Disclosure: I do receive a commission if you are approved for the Premier card using one of my affiliate links. As always, thanks for your support.