Earn a 50,000-Point Bonus for Southwest Credit Cards
As it has been doing with some regularity, Southwest has upped the sign-up bonus for its Rapid Rewards credit cards to 50,000 points.
For both the Rapid Rewards Plus card (annual fee: $69) and the Rapid Rewards Premier card (annual fee: $99), the 50,000-point bonus kicks in after a new cardholder charges $2,000 within three months.
Other card details:
- Both cards award two points per $1 on purchases of Southwest tickets and Rapid Rewards hotel and rental car partners; one point per $1 for other charges.
- Annual percentage rate (APR) is variable -- the Prime Rate plus 11.99 percent -- currently 15.99 percent.
- Premier cardholders receive 6,000 bonus points on their anniversary, enough for $100 toward a Wanna Get Away award ticket.
- Plus cardholders receive 3,000 bonus points on their anniversary.
Deal or No Deal
In Southwest's program, 50,000 Rapid Rewards points translate into more than $700 toward Wanna Get Away award tickets -- probably two free round-trip flights.
As credit card sign-up bonuses go, this is a solid one. And as Southwest offers go, it's as good as it's ever been, and probably as good as it'll ever get.
Unless you're a serial card acquirer -- a flipper, who signs up solely for the bonus, and then moves on -- the question posed by credit-card bonuses has less to do with the card itself than it does with the program it's linked to. In this case, the question is: Is Southwest's Rapid Rewards a program that meets your needs?
If so, this would be a good time to pull the trigger on the program-affiliated card.
Reader Reality Check
Are you a satisfied Rapid Rewards member?
This article originally appeared on FrequentFlier.com.