Travel Rewards Credit Cards

Apr 24

Southwest Raises Credit Card Bonus

Most credit card companies offer a standard bonus but give a higher promotional bonus a few times per years. In the case of Southwest Rapid Rewards, however, the bonus is offered so frequently that it is almost the norm.

40,000 Bonus Points from Southwest Airlines

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The standard bonus for the Southwest card, offered by Chase, is 30,000 points for spending $1,000 in the first three months that the account is open.* Occasionally, you’ll see a 50,000 point sign-up bonus. This time around is 40,000, which is worth somewhere north of $600 in Southwest flights. Like most discounters, Southwest bases the cost of an award on the underlying cost of the ticket, not distance. In other words, a ticket that costs more to buy with cash will cost (approximately) proportionally more with points.

Best of all, the points count toward the Southwest Companion Pass. A companion pass is just what it sounds like: for the duration of your status, which you earn by flying 100 segments or earning 110,000 Rapid Rewards points in a calendar year, you get to bring along your favorite companion, free of charge (Yes, you do have limited opportunities to change your companion if you get a new favorite person.). The 50,000 Rapid Rewards points you get from the sign-up bonus count, as do any that you earn from the credit card. Sadly, points transferred from other programs no longer count toward the CP.

 


Beginner’s Hint: When a credit card company requires a certain amount of spending in the first three months to earn a bonus, it is typically an aggregate amount. In other words, for this bonus, you have to spend $1,000 total in the first three months, not $1,000 per month.

 

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