Update: These offers for the Southwest Rapid Rewards® Premier Business Credit Card and the Southwest Rapid Rewards® Premier Credit Card have expired. Learn more about the current offers here.
Chase has officially brought back a limited time 50,000 point sign-up bonus on their co-branded Southwest Airlines Rapid Rewards Card after spending $2,000 within three months, provided you haven’t earned a bonus on the card in the past 24 months. The same offer is also available for the Southwest Airlines Rapid Rewards® Premier Business Card. The card has a $99 annual fee, which isn’t waived the first year.
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 justify the annual fee. You can also earn 2 points per $1 spent on Southwest Airlines® purchases and participating Hotel and Car Rental partners, while earning 1 point per $1 spent on all other purchases.
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.