In what seems like a bi-monthly occurrence, the Southwest Airlines Chase credit card has now re-upped its sign-up bonus to 50,000 miles once again. This includes both the personal and business versions of this credit card.
An essential airline if you are a ‘sky warrior’ in the states, Southwest has been expanding its route map as of late after the acquisition of AirTran, moving into some international routes. But, does the card deserve a spot in your wallet? Let’s check out some of the details below!
As stated, you’ll receive 50,000 miles for signing up for this credit card. But, just how do you receive the miles? Well, you will have to spend at least $2,000 in the first three months of card membership. These miles are good enough for at least two roundtrip flights, but if you’re like me and fly LAX to Vegas often, you’ll be getting a lot more mileage than that!
One great aspect of the Southwest credit cards is that they can be used toward a Southwest Companion pass, which allows you to take a companion along with you FOR FREE for a year after you earn 110,000 miles flying on Southwest in a year.
The annual fee for these cards is $99, which is expensive, but not awful when you consider the benefits involved. You do receive 6,000 miles on your cardmember anniversary each year, which is essentially a one-way flight to many places.
Other benefits for this card include two points per dollar spent on all Southwest and AirTran flights, as well as Rapid Rewards Hotel and car rental partners purchases. Every other purchase, you will receive one points per dollar spent. In addition, you’ll not have any foreign transaction fees on this credit card, which is nice for those of us who enjoy traveling abroad! APR for this credit card is 15.99%, and the penalty APR is 29.99%. Cash Advance Apr is 19.24%.
All in all, I would recommend getting the Southwest credit card, especially if you are a frequent domestic traveler. They simply have the lowest rates city-to-city most of the year, and in addition, you can use your points on any seat on the plane- there is no ‘black out dates’ or a specific number of award seats.
Furthermore, if you have the Chase Sapphire Preferred credit card, I would recommend that you get this card, as you can transfer into the Southwest program through Ultimate Rewards. This makes redeeming for flights that much simpler and easier, and boosting your points in the process!
One last thing- I would recommend applying for both the personal and business card at the same time. The business card won’t affect your personal credit, and the combined 100,000 miles that you receive can get you within 10,000 miles of a companion pass- the best benefit in award travel, in my opinion.
So, did I convince you that the Chase Southwest credit card is worth applying for, now that the bonuses are above 50,000 points? Let me know in the comments!