Chase Credit Card Comparison: Sapphire Preferred vs. Southwest Airlines Rapid Rewards

Advertiser Disclosure

The Chase Sapphire Preferred® Card or the Southwest Airlines Rapid Rewards card? If you’re wondering which one is better for your wallet, keep reading!

There are some really great travel credit cards out there.  And, there are some great ones that specialize in the airlines.  Not all carriers are created equal, however.  One that consistently stands out from the pack in America is Southwest Airlines.  Known for its low fares and no-frills in-cabin experience, Southwest is essential to any “Sky Warrior” business traveler or leisure traveler.

As a partner with Chase, Southwest has its own credit card.  But, it is also a transfer partner with Ultimate Rewards, the points currency of the Chase Sapphire Preferred® Card.  So, which card is the better one to apply for?  Let’s explore the options below, category by category!

Hint: If you’re impatience the Chase Sapphire Preferred is hands down the better card. You can see more details or apply through the link below.

Link: Chase Sapphire Preferred® Card



Annual Fee

Both cards carry an annual fee.  The Chase Sapphire Preferred credit card comes with a $95 annual fee.  However, this annual fee is waived for the first year of card membership!  The Southwest product offering, however, comes with a $99 annual fee, which is not waived for the first year.  So, the Chase Sapphire Preferred® Card wins this round!


Sign-Up Bonus

Both credit cards used to have higher regular sign-up bonuses.  The Chase Sapphire Preferred card earns you 40,000 Ultimate Rewards points (which can be transferred into Southwest) when you spend $3,000 in the first 3 months of card membership!  This amount is a high number, as Ultimate Rewards points are worth a great deal!  The Southwest Rapid Rewards Premier Card now only earns you 25,000 miles when you spend $1,000 in the first three months, down from 50,000 miles a few months ago.  So, Chase Sapphire Preferred® Card wins this round as well!


Bonus Points/Miles

This is important if you plan on using the cards regularly.  For the Chase Sapphire Preferred credit card, you earn two points per dollar on every purchase involving travel and dining.  Every other purchase earns one Ultimate Rewards point.  For the Southwest Airlines Rapid Rewards Premier Card, you’ll earn two points for every Southwest and Airtran Purchase.  After that, you’ll earn one point for every other purchase.

Each card will get you anniversary miles or points on your cardmember anniversary.  You’ll earn 6,000 miles with the Southwest credit card each anniversary, compared with the Chase Sapphire Preferred card, which will earn you a 7% bonus on all the miles you earned in the past year with the card.   The winner here is Chase Sapphire Preferred® Card, since you’ll earn more total points over the year, and all Southwest purchases would fall under that ‘travel’ category!



Sure, there are benefits to each card, but I believe that the Chase Sapphire Preferred Card is a better ‘all-around’ credit card.  Not only can use the Ultimate Rewards points for Southwest flights, you can transfer to a whole slew of other partners if you need to!  It’s truly the best of both worlds. And it has a higher sign-up bonus.

So, did I convince you that the Chase Sapphire Preferred card reigns supreme? Or, does the Southwest Rapid Rewards Credit Card rule in your book?  If you would like more detail or want to apply the link is below.

Link: Chase Sapphire Preferred® Card