Chase is offering a Southwest Airlines Visa that comes with 16 Rapid Rewards credits on first purchase (enough for a free flight) and Southwest Airlines gift cards based on your spend in the first 3 months with the card:
- $100 gift card after your first $1000 in purchases
- $150 gift card after your first $2500 in purchases
- $250 gift card after your first $5000 in purchases
At each spending threshold it amounts to
5%10% cash back to spend on Southwest in addition to the regular credits for spending and in addition to the Rapid Rewards credits at first purchase.
That’s a pretty attractive first purchase offer and cash back offer in the first three months. First year annual fee is waived, but if you keep the card then the regular $59 annual fee comes with 2 Rapid Rewards credits each year.
Separately don’t forget that you can get 75,000 American Airlines miles after $4000 in spend within 6 months and first year fee waived from Citibank. (And in many cases, get the bonus twice.. once for a personal card and once for a small business card.)
(HT: Frugal Travel Guy)
Update: I really shouldn’t post at 5am, I’ve fixed my math to say the deal is 10% cash back ($500 Southwest gift cards on $5000 spend) not 5%…