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I’ve been saying since the card launched over the summer that I didn’t expect the new premium Southwest Airlines business card to keep offering its record-breaking 80,000 point initial bonus offer. That was more points than a Southwest co-brand card had ever offered, and it was a new product. I assumed they came out of the gate swinging.
Unsurprisingly that offer has been pulled, but here’s the piece that surprised me. The biggest point offers I’d seen for a Southwest card before was 60,000 points. I consider a ‘normal level’ for their other cards to be 40,000 points (which is mostly what we see now). I assumed that the Southwest Rapid Rewards® Performance Business Credit Card would revert to a 40,000 – 60,000 point offer.
Instead, it’s something better: 70,000 points after you spend $5,000 on purchases in the first 3 months your account is open.
Cardmembers receive 9000 bonus points each year after cardmember anniversary; a statement credit for Global Entry or TSA PreCheck fees every four years; reimbursement for four upgraded boardings per year (A1 – A15 boarding purchased at the airport); plus inflight wifi credits. That’s a package that makes the card’s $199 annual fee well worth it.
Of course news today is that Southwest Rapid Rewards points no longer expire, and also that a Companion Pass in 2020 will require 100 flights or 125,000 points – up from 110,000 points earned. No doubt the quickest path to get there is with a new Southwest Rapid Rewards® Performance Business Credit Card, but it’s going to be just a little farther away than before.