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  1. Credit Cards
  2. Southwest® Rapid Rewards® Performance Business Credit Card
Chase

Southwest® Rapid Rewards® Performance Business Credit Card

Built for frequent Southwest flyers and business owners looking to fast-track elite status or the Companion Pass, the Southwest Rapid Rewards Performance Business Credit Card offers top-tier airline perks. It serves best as a specialized tool for heavy Southwest spending rather than a general everyday card.

Welcome Offer
Earn 80,000 points
Annual Fee
$299
Rec. Credit Score
Good
Good For
Frequent Southwest business travelers
Learn MoreEstimate your value
Southwest® Rapid Rewards® Performance Business Credit Card

MaxRewards has partnered with CardRatings for our coverage of credit card products. MaxRewards and CardRatings may receive a commission from card issuers.

Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.

Overview

Is the Southwest® Rapid Rewards® Performance Business Credit Card worth it?

This card is great for...

Accelerating Companion Pass progress

Frequent Southwest business travel

Earning annual anniversary points

For business owners who regularly fly Southwest, the $299 annual fee is easy to justify. The 9,000 anniversary points earned each year offset more than $110 in travel value, while perks like primary auto rental coverage, a TSA PreCheck or Global Entry fee credit, and tier-qualifying points add substantial ongoing value. Additionally, all points earned from the welcome offer and daily spending count directly toward the coveted Southwest Companion Pass. On the other hand, if your business requires multi-airline flexibility or major spending outside of travel, commuting, and dining, a general business travel card may be a better fit. The long-term value here hinges entirely on your loyalty to Southwest.

MaxRewards

MaxRewards Verdict

The Southwest Performance Business card is an outstanding option for business owners targeting the Southwest Companion Pass, though its value quickly drops if you do not fly Southwest regularly.

Welcome Offer

Earn 80,000 points

after you spend $5,000 on purchases in the first 3 months from account opening.

Est. Value

$1,040

Required Spend

$5,000

Time Frame

3 Months

Est. Value

$1,040

Required Spend

$5,000

Time Frame

3 Months

Earning

Rewards

You earn points on every business purchase, with higher rates on Southwest flights, local transit, dining, and direct hotel bookings.

CategoryRate

Southwest Purchases

5.2%

Gas Stations, Restaurants

2.6%

Hotel Accommodations (Booked Directly With Hotel)

2.6%

Local Transit, Commuting, Rideshare

2.6%

All Other Purchases

1.3%

Rewards percent based on a valuation of 1.3¢ per Southwest point

Annual Credits & Perks

Benefits

Beyond rewards, the card offers annual anniversary points, status-boosting shortcuts, and concrete travel protections that help offset its annual fee.

BenefitAnnual value
$30

Enrollment is required for select benefits.

Automatically track your credits with MaxRewards

Our app automatically tracks valuable credits so you don't miss any rewards.

Get the app
Southwest® Rapid Rewards® Performance Business Credit CardGlobal Entry or TSA PreCheck® or Nexus Application Fee Statement Credit
Autotracked
$0 of $120Every 48 months

Benefits

Insurance

Purchase Protection

Covers your eligible new purchases for 120 days from the date of purchase against damage or theft up to $10,000 per item.


Lost Luggage Reimbursement

Provides reimbursement up to $3,000 per covered traveler for the cost to repair or replace checked or carry-on baggage that is lost, damaged or stolen during a covered trip.


Baggage Delay Insurance

Reimburses you up to $100 a day for up to 3 days for essential purchases like toiletries and clothing when baggage is delayed over 6 hours.


Extended Warranty Protection

Extends the time period of the manufacturer’s U.S. warranty by an additional year, on eligible warranties of three years or less, up to four years from the date of purchase.


Roadside Assistance

If you have a roadside emergency, call the service provider to dispatch the help you need. Roadside service fees will be billed to your card at the time of dispatch.

Benefits

Status & Access

Get to A-List status faster

Earn 2,500 tier qualifying points (TQPs) toward A-List status for every $5,000 spent in purchases annually accelerating your way to A-List status.


Complimentary DashPass membership

$0 delivery fees on eligible orders from DoorDash and Caviar after activating by 12/31/27.

Benefits

Other

9,000 anniversary points

Receive 9,000 anniversary points each year after your Cardmember anniversary.


Boarding benefit

Cardmembers and up to 8 additional passengers in the same reservation will board with Group 5 giving them earlier access to overhead bins.


First checked bag free

First checked bag free for Cardmembers and up to 8 additional passengers in the same reservation.


25% back on inflight purchases

Receive 25% back on inflight purchases.

Eligibility

Recommended Minimum Credit

Min: Good
Poor
Fair
Good
Excellent

Good credit or higher is recommended for this card.

Credit approval is not guaranteed. Meeting the recommended credit range does not ensure approval, and applicants with lower scores may still be considered.

Pricing

Rates & Fees

Annual Fee

$299

Purchase APR

19.24% - 27.74%

Variable

Transfer APR

19.24% - 27.74%

Variable

Cash Advance APR

28.49%

Variable

Foreign Transaction Fee

None

Balance Transfer

$5

Cash Advance

$15

Late Payment

None

For rates and fees of Southwest® Rapid Rewards® Performance Business Credit Card, please visit the Chase website.

Table of Contents

Southwest® Rapid Rewards® Performance Business Credit Card

Southwest® Rapid Rewards® Performance Business Credit Card

Learn More

MaxRewards has partnered with CardRatings for our coverage of credit card products. MaxRewards and CardRatings may receive a commission from card issuers.

MaxRewards may receive a commission from card issuers. Some or all of the card offers that appear on MaxRewards are from advertisers and may impact how and where card products appear on the site. MaxRewards does not include all card companies or all available card offers. Compensation may be earned when a customer clicks on a link, when an application is approved, or when an account is opened.

Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.

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Worth $3,000

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  • 7.5%12%Airline Tickets (Chase Travel), Hotels (Including The Edit) (Chase Travel), Car Rentals (Chase Travel), Cruises (Chase Travel), Activities and Tours (Chase Travel)
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Rec. Credit

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Chase Sapphire Reserve®Chase Sapphire Reserve®

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Worth $1,500

After you spend $6,000 on purchases in the first 3 months from account opening.

  • 7.5%12%Purchases (Chase Travel), The Edit (Chase Travel)
  • 7.5%6%Flights (Booked Direct), Hotels (Booked Direct)
  • 7.5%4.5%Dining (Worldwide)

Annual Fee

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Rec. Credit

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