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Southwest 60,000 Points Signup Bonus on All Four Versions

 

With great new sign-on bonuses from Chase, the Southwest personal card is becoming even more enticing. Let’s take a look at the options.

What’s the Offer All About?

 

The new signup bonuses for the personal Chase Southwest cards offers three tiers (plus a business option) to choose from:

 

  1. Southwest Rapid Rewards Plus Personal Card: This card offers a $69 annual fee, and 60K in bonus sign on points, after you spend only $2000 during the first 3 months that you have the card.
  2. Southwest Rapid Rewards Premier Personal Card: For this card, the annual fee is $99, and again, you will receive 60K in bonus points after spending $2000 in the first three months.
  3. Southwest Rapid Rewards Priority Personal Card: With a $149 annual fee and the same 60K bonus points after spending your first $2000 in 3 months.
  4. Southwest Premier business card: This card has a $99 annual fee, but offers you a bonus of 60K in points after you spend $3K during the first 3 months.

 

The Fine Print

Keep in mind the following important details if you are considering one of these Chase Southwest cards:

  • 5/24 rule does apply to all of these cards
  • The annual fees are not waived during the first year
  • Both the Premier personal and business cards earn a 6K point bonus on every anniversary; the Plus card earns 3K points, and the Priority earns 7.5K points.
  • Offer is available until June 19, 2019

 

What Do We Think of This Card?

You can find 50K and 60K bonus offers in many places. Until now, there has only been 40K bonuses available on these 3 personal Southwest cards, and the business card. Most of the 50K and 60K offers are not tiered (meaning you spend $2K and earn 50K or 60K points). This particular offer is not really among the very best, because you still need to spend $12k per year to earn that extra 20K in bonus points. But, these cards can be great for earning the Southwest Companion Pass.

 

You can earn a Southwest Companion Pass after you accumulate 110K in Southwest points. It’s best if you can fix your timing so that you earn your companion pass at the beginning of the calendar year, since you will be able to use it at any time throughout the year and the entire next calendar year (for example, if you earned a companion pass in January 2019, it is not going to expire until December 2020).

 

Clever credit card users build up their companion pass points quickly by getting two Southwest credit card sign on bonuses. You can get one business and one personal card. This will automatically earn you 120K points after your spending requirements are met. Keep in mind that this strategy will not work if you are close to the 5/24 rule, or if you have earned a Southwest reward during the past 24 months.

 

Even better, if you apply for the Southwest card while in-flight, you will earn an additional 50K in bonus points after $2K spending, which will help reduce the amount of overall spending you have to do throughout the year to earn enough points for a companion pass. Obviously, this only works when you are planning to be on a flight.

 

What’s the Value?

Experts like TPG consider the 60K Southwest points to be worth $900.

 

Comparison

 

 

You can choose the card that’s best for you, with the best annual fee. The bonuses are basically identical, but there may be different perks and travel upgrades, if that is what you are looking for.

Bottom Line

Getting a ton of Rapid Rewards points is great. With the 60K bonus, you can quickly build up to enough points for a free Southwest ticket. Check out these offers while there is still time, and see if they work for you! They are certainly worth a look!

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