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  1. Credit Cards
  2. Southwest Rapid Rewards® Premier
Chase

Southwest Rapid Rewards® Premier

The Southwest Rapid Rewards® Premier Card is built for regular Southwest travelers who want to earn status faster while earning extra points on flight purchases. It balances ongoing travel protections with annual anniversary perks that reduce the effective cost of the card.

Welcome Offer
55,000 Points
Annual Fee
$149
Rec. Credit Score
Excellent
Good For
Frequent Southwest Travelers
Estimate your value
Southwest Rapid Rewards® Premier

All information about Southwest Rapid Rewards® Premier has been collected independently by MaxRewards. Southwest Rapid Rewards® Premier is no longer available through MaxRewards.

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® Premier worth it?

This card is great for...

Fast-tracking A-List status

Annual Southwest flight discounts

Earning Companion Pass points

For frequent Southwest flyers, the $149 annual fee is relatively easy to offset. Each year on your cardmember anniversary, you receive 6,000 bonus points worth about $78 toward flights, alongside a 15% flight discount code. These two features alone handle much of the annual cost before factoring in ongoing rewards on flight bookings and dining. The card also lets you earn tier qualifying points through card spend, making it a useful tool if you are actively chasing A-List elite status.

If you only fly Southwest once or twice a year, the math becomes harder to justify compared to entry-level travel cards or flat-rate cash back cards. Furthermore, because rewards are tied directly to Rapid Rewards points, cardholders who want flexible travel points that transfer to multiple airlines will likely be better served by a general travel card.

MaxRewards

MaxRewards Verdict

The Southwest Rapid Rewards Premier Card provides excellent value for brand-loyal flyers aiming for status or Companion Pass. Casual travelers may struggle to recoup the $149 annual fee and would likely prefer a flexible travel card.

Welcome Offer

55,000 Points

after you spend $1,500 on purchases on your new card in your first 3 months of card membership.

Est. Value

$715

Required Spend

$1,500

Time Frame

3 Months

Est. Value

$715

Required Spend

$1,500

Time Frame

3 Months

Earning

Rewards

You earn Rapid Rewards points on flight bookings, dining spend, and everyday purchases, all of which feed directly into your Southwest account.

CategoryRate

Southwest Air

3.9%

Car Rental

Oct 1 – Dec 31

2.6%

Hotel

Oct 1 – Dec 31

2.6%

Ride-Sharing

Oct 1 – Dec 31

2.6%

Streaming

Oct 1 – Dec 31

2.6%

Telecommunication

Oct 1 – Dec 31

2.6%

Transit

Oct 1 – Dec 31

2.6%

Dining

Up to $8,000 spend per year

2.6%

Everywhere

1.3%

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

Benefits

Insurance

Purchase Protection

Covers your eligible new purchases for 120 days from the date of purchase against damage or theft up to $500 per item.


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.


Auto Rental Collision Damage Waiver

Decline the rental company’s collision insurance and charge the entire rental cost to your card. Coverage provides reimbursement for theft and collision damage for most rental vehicles. In the U.S., coverage is secondary to your personal insurance.


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.


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.

Benefits

Status & Access

Get to A-List status faster

Earn 1,500 tier qualifying points (TQPs) toward A-List status for every $5,000 spent in purchases annually– with no limit on the amount of TQPs you can earn.


Complimentary DashPass membership

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

Benefits

Other

6,000 anniversary points

6,000 anniversary points every year on 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.


15% Flight Discount

Receive a 15% promo code each year on your cardmember anniversary (Excludes Basic fare).

Eligibility

Recommended Minimum Credit

Min: Excellent
Poor
Fair
Good
Excellent

Excellent 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

$149

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

$10

Late Payment

$40

Return Payment

$40

For rates and fees of Southwest Rapid Rewards® Premier, please visit the Chase website.

Table of Contents

Southwest Rapid Rewards® Premier

Southwest Rapid Rewards® Premier

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

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Rec. Credit

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  • 7.5%6%Flights (Booked Direct), Hotels (Booked Direct)
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Annual Fee

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Rec. Credit

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