This website contains cookies and links to companies that may compensate this site when you click on their links or ads. To view our ad disclosure and privacy policy, visit this page (link).
Link: Southwest Rapid Rewards® Plus Credit Card
Link: Southwest Rapid Rewards® Priority Credit Card
Chase has recently changed the sign-up bonus for the Southwest Rapid Rewards® Plus Credit Card and the Southwest Rapid Rewards® Priority Credit Card. You can now earn a companion-pass that is good until February 28, 2026 and also gain 30,000 Rapid Rewards points after you spend $4,000 on purchases in the first 3 months of being approved for one of these cards.
These cards have annual fees: $69 for the Plus and $149 for the Priority.
- Keep in mind that the companion-pass that is earned via this sign-up bonus expires earlier than a pass earned the regular way (via earning about 135,000 points in a calendar year). This pass has an expiry of Feb-28-2026; in contrast, a companion-pass earned from crossing the 135,000 point threshold lasts the full calendar year after crossing the threshold, as well as all of the next calendar year.
Interesting to note that this promotion has happened every February for the past few years. There is a good chance that this type of offer happens again in February of next year.
There are a few things to point out about this deal:
- Here’s a breakdown of the previous expired offer history: The most recent expired offer was $400 statement credit and 40,000 Southwest Rapid Rewards points after you spend $3,000 on purchases in the first 4 months. The expired offer before that was 75,000 points after spending $3,000 on purchases in the first 3 months of account opening.
- The current offer is the same as the best offer seen on February 2024 (last year) for 30,000 points plus a companion pass after meeting a $5,000 spending requirement in the first 3-months of account opening. The pass earned via that sign-up bonus expires February 2024. So the Companion Pass would have lasted less than a year in that case compared to a Companion Pass earned via regular means, which would last all of the current calendar year and all of the NEXT calendar year. There is a good chance that this type of offer happens again, NEXT February 2026, because it has been an annual occurrence the past three years.
- If you occasionally travel on Southwest then the Southwest Rapid Rewards® Plus Credit Card is probably going to be the best pick due to it having the lowest annual fee.
- Earning the sign-up bonus is the way to go if you are using this offer get a Companion Pass since the earlier you meet the $4,000 spending threshold, the longer you get to use the benefit.
- Instead of this card, consider the Chase Sapphire Preferred® Card. It allows you to transfer points to many different airline partners including Southwest and United. This will give you more reward flexibility.
- With Chase, you are likely to be denied if you have opened 5 or more cards with ANY bank within the past 24 months. Chase business cards don’t count towards the 5 card rule, but if you try to apply for one after you have opened 5 or more cards, you will likely be denied. If you are planning to apply for multiple cards, you should consider opening Chase business cards first, then Chase personal cards, and finally any other cards with any other bank.
- If you get denied and you have good credit, call their reconsideration hotline: 1-888-270-2127. Calling may not change the outcome, but there is a chance it will. You’ll also be able to get better insight in why your application was denied.
- After submitting your application you can check your application status at: 1-888-338-2586.
- Member FDIC
