Update: This offer for the Southwest Rapid Rewards® Premier Credit Card has expired. Learn more about the current offers here.
For a bit over a month now Chase has been offering a new sign-up bonus where you can earn 50,000 points after spending $2,000 on purchases in the first three months your account is open on the￼ Southwest Rapid Rewards® Premier Credit Card, provided you haven’t received a sign-up bonus on this card in the past 24 months.
While this is not an offer I will personally be taking advantage of (given that I prefer to earn and redeem miles for international premium cabins), I do think this is a great option for domestic travel, both for how generous the sign-up bonus is, and the 6,000 points you receive each anniversary which helps offset the annual fee.
Also keep in mind that if you rack up 110,000 points in a year you’ll earn Companion Pass with Southwest, which allows someone else to travel with you for the entire year. For domestic travel that’s a value that’s tough to beat. And now’s a great time to get the card, since you can push reaching the minimum spend off into the first few weeks of next year, which should allow you to qualify for the Companion Pass for the subsequent two years.