Best in Class
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Southwest Rapid Rewards Premier Business Credit Card Review
Key Takeaways
The Southwest Rapid Rewards Premier Business Card offers a respectable 60,000-point sign-up bonus after spending $3,000 in the first three months, along with valuable perks for a modest $149 annual fee. The 6,000-anniversary points, free first checked bag, and complimentary Preferred seat help cancel out the annual fee. However, if your primary goal is earning the Southwest Companion Pass, you’ll likely be better served by the Southwest Rapid Rewards Performance Business Card. That card offers an 80,000-point bonus and more benefits. For infrequent Southwest flyers who want a low-fee business card with meaningful perks, the Premier Business card hits the mark.
Why This Card Could Be Right For You
If you're not chasing the Southwest Companion Pass and only fly Southwest a few times a year, this card offers more than enough value to justify keeping it. The 60,000-point sign-up bonus can cover multiple one-way flights. And the card’s ongoing benefits are worth more than the annual fee. It’s a great fit for budget-minded travelers who want solid, reliable rewards.
- Strong sign-up bonus: Earn 60,000 points after spending $3,000 in the first 3 months.
- Ongoing value:
- Receive 6,000-anniversary points each year (valued at ~$78)
- Complimentary Preferred seat 48 hours prior to departure (worth $25-40/seat) for cardmember and up to 8 additional passengers
- First checked bag free (worth $35/bag) for cardmember and up to 8 passengers
- Group 5 boarding benefit
- 25% back on inflight purchases on Southwest
- 15% Promo code for flight discount on cardmember anniversary
- Spending multipliers: 3x points on Southwest purchases, gas stations, and restaurants on the first $8000 in combined purchases per anniversary year
- 2,000 Tier Qualifying Points (TQP's) toward A-List Status for every $5,000 spent in purchases annually
When The Usual Advice Doesn't Apply
This card might not be ideal if:
- You’re focused on earning the Companion Pass and want a higher sign-up bonus to help you get there faster.
- You prefer premium cabin options when flying as Southwest doesn’t offer business or first class.
What to Know About Southwest Rapid Rewards
Southwest airlines carries the most passengers in North America.
- Their points are among the easiest to earn, plus they have solid value.
- They’re partnered with Chase Ultimate Rewards, our favorite point partner ecosystem.
- Southwest moved to reserved seating and now charges for bags, two features that once made them unique.
- Southwest Rapid Rewards aren’t the most glamorous, but they’re the utility points that just work.
How The Southwest Rapid Rewards Premier Business Credit Card Fits In The Southwest Rapid Rewards Ecosystem
If earning the Companion Pass is your main goal, the Southwest Rapid Rewards® Performance Business Card is the better choice. It offers a higher 80,000-point sign-up bonus (after $5,000 spent in 3 months), which gets you much closer to the 135,000 points required to earn the Companion Pass. Although it has a higher $299 annual fee, it also delivers more value: 9,000-anniversary points instead of 6,000, a Preferred seat at booking, an Extra Legroom Seat upgrade 48 hours prior to departure, and a Global Entry/TSA PreCheck/NEXUS credit. It also has broader spending multipliers for frequent flyers.
For those focused on earning the Companion Pass efficiently, pairing one business card with one of Southwest’s three personal cards is the most effective strategy.
Card Information
Bonus Points
60,000
Minimum Spend
$3,000 / 3mo
Point Value
1.3 ¢
Annual Value
Annual Fee
$149
1st Year Value
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Differentiating Perks
Anniversary 6,000 Bonus Points
3X on Southwest Airlines Purchases
Free Preferred Seat Upgrade (48 Hours Out)
Card Extras
Extra
Worth/Fit
Est. Value
Total Annual Value
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No extras to display for this card.
Card Benefits
No benefits are available for this card.
Historical Card Offers
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Average Frequency
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Estimated Next Offer
Start Date
Offer Length
Bonus
Minimum Spend
Spend Categories
3.9¢
Per Dollar
Spent
Spent
2.6¢
Per Dollar
Spent
Spent
2.6¢
Per Dollar
Spent
Spent
1.3¢
Per Dollar
Spent
Spent
Southwest Rapid Rewards Premier Business Application Rules
This business card will not show on your personal credit report, so it won't count against your 5/24 status
If you've received a bonus from this card within the last 24 month, you are not eligible for another bonus.
Chase applications will be declined if 5 new cards have been added to your personal credit report in the past 24 months.
You'll be declined if you apply for a third Chase card of any kind within 30 days
Chase will decline your application you apply for a 5th Chase card (personal or BUSINESS) in 6 months
Point Transfer Options
+5 Lower Value Transfers Show
Radisson Rewards
Value: 0.3¢
43% Value Retained
10:1
Best for Series
Below is a snapshot of where this card performs best compared to the other cards in our database:
Rank
1st
Honorable Mention
