Southwest Speedy Rewards® Premier Credit score Card Assessment (2024.11 Replace: 40k+$400 Provide)

Non-affiliate disclosure: all details about the this card have been collected independently by US Credit score Card Information and has not been reviewed by the issuer.

2024.11 Replace: The brand new supply is 40k+$400. Provide ends on 2024.10.09. This one is not so good as the earlier 85k supply.

2024.10 Replace: The upper supply is expired. At the moment there’s solely a 50k supply.

2024.9 Replace: The 85k supply comes again. Provide ends on 2024.10.09.

Utility Hyperlink

Advantages

1. 40k+$400 supply: earn 40,000 Southwest Miles and $400 assertion credit score after spending $3,000 on purchases within the first 4 months. The current finest supply is 85k.
2. We worth Southwest Miles at 1.3 cents/level (Airline Miles Worth), so the 85k highest supply is price about $1,105. See A Newbie’s Information to Southwest Miles for particulars about Southwest Miles.
3. Earn 3x miles per greenback spent on Southwest Airways. Earn 2x miles per greenback on native transit and commuting (together with rideshare), Web, cable, telephone companies, and choose streaming, and Speedy Rewards resort and automotive rental associate. Earn 1x mile per greenback spent on all different purchases.
4. After annually anniversary and pay the annual payment, you’ll be credited 6k Southwest miles.
5. 2 EarlyBird Verify-In per 12 months.
6. 25% again on in-flight purchases.
7. Earn 1,500 TQPs (tier qualifying factors, helpful in direction of A-Listing standing, however not helpful in direction of companion cross) for each $10,000 spent.
8. For those who earn 125k Southwest miles in a 12 months, you get the Southwest companion cross certificates which is legitimate till the top of subsequent calendar 12 months!
9. No overseas transaction payment.
10. Refer a pal (focused): You may earn 5,000 bonus Southwest miles for each accredited account you refer, as much as a most of 10 accredited referrals (50,000 Southwest miles) per calendar 12 months.

Drawback

1. Annual payment $99, not waived first 12 months.
2. Southwest doesn’t have airways companions, so the miles can solely be redeemed for Southwest Airways itself. Southwest can solely fly to the US and a few central America and Caribbean international locations, no additional worldwide routes.

Really useful Utility Time

1. [5/24 Rule] If in case you have 5 or extra new accounts opened prior to now 24 months, Chase won’t approve your utility on this card, irrespective of how excessive your credit score rating is. The variety of new accounts contains all bank card accounts, not solely Chase accounts. See this publish for particulars about the way to presumably bypass this rule.
2. This product is offered to you in the event you shouldn’t have any Southwest private bank card and haven’t acquired a brand new cardmember bonus for any Southwest private bank card prior to now 24 months. Observe that what issues right here is the time you bought the sign-up bonus, not the time you open the account or shut the account.
3. Don’t apply for greater than 2 Chase bank cards inside 30 days, or it’s extremely seemingly that you’re going to get rejected.
4. We suggest you to use for this card after you’ve got a credit score historical past for greater than a 12 months.

Abstract

The 75k highest sign-up bonus is sweet. For those who apply for a private Southwest card and a enterprise Southwest card, each when have the best sign-up bonus, then you’ll earn greater than 125k Southwest miles in complete, which is greater than sufficient to get you a Companion Go (Observe that you may’t get two private Southwest playing cards on the similar time now). The perfect timing to get it’s the starting of a calendar 12 months, as a result of it will likely be legitimate till the top of subsequent calendar 12 months!

Now you possibly can solely select one Chase Southwest private card from the three. For those who don’t fly Southwest incessantly, and also you simply need the sign-up bonus, then the Chase Southwest Plus card with the bottom annual payment is probably the most appropriate for you. For those who fly Southwest incessantly, then the Chase Southwest Precedence with extra advantages is healthier.

Associated Credit score Playing cards

The present phrases mainly pressure you to decide on just one private Southwest bank card among the many three. However you possibly can have each private and enterprise playing cards.

Really useful Downgrade Choices

• You cannot downgrade this card to any card with no annual payment, so I counsel you shut it if you don’t need to maintain it any longer.

After Making use of

• Name 800-436-7927 to examine Chase utility standing. That is an automatic phone line, and the data has the next meanings: Obtain choice in 2 weeks means your utility might be accredited; Obtain choice in 7-10 days means your utility might be rejected; Obtain choice in 30 days merely means your utility requires additional assessment and there’s nothing to inform you for now.
• Chase reconsideration backdoor quantity: 888-270-2127 or 888-609-7805. Name it in the event you didn’t get approve instantly. Your private info will likely be acquired and they’re going to then assessment it. You seldom reply questions, as a substitute, simply benefit from the music and then you definately get accredited or rejected, or additional info is required to be hand in to the department or faxed.

Historic Provides Chart

Observe: Typically there may be 50k+50k supply on this card. However the spending requirement for the latter 50k is large, so we don’t deal with them as sign-up bonus, we deal with them as spending bonus as a substitute.

Utility Hyperlink

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