The Southwest Airlines credit card keeps on going back and forth between 25,000 points and 50,000 points after meeting the minimum spend requirements. As of right now, the card is currently offering 50,000 points after meeting the minimum spend requirement within the first three months (for all three cards). Typically we see this “enhanced offer” about 3-4 times a year.
If you’ve been following this blog you know that I am a huge fan of Southwest! One of the main reasons is due to the Companion Pass where a companion can fly with you for free (plus the minimal taxes per segment). This is not a one time companion pass, but gives unlimited usage! It lasts for remainder of the year you earn the pass plus the entire following year. You can read more about getting the Southwest Companion pass by applying for these credit cards here. Keep in mind though, if you are already a card holder, Chase will only allow you to have two Southwest co-branded credit cards open at a given time. Additionally, in the terms they state that you are only eligible for the new bonus two years after closing your card. But your experience might be better!
What are Southwest points worth?
For those who are new to Southwest, if you are applying during a 50,000 points offer, it is worth a cut and dry $714.29 towards a future “Wanna Getaway” fare. With the 50,000 point offer, it is worth about $714 towards that same fare. As mentioned above, there are three versions of the card and you are able to apply for more then one card offer. The best thing about this offer is that the points earned count towards reaching companion pass status – this includes the sign up offer points as well as the points earned from meeting the minimum spend requirement.
How to get the Southwest Companion Pass
You need a total of 110,000 Qualifying points and then the companion pass is yours. As mentioned, you get either 25,000 or 50,000 points per credit card offer after meeting the minimum spend requirements (depending on what the offer is when you apply) – these points DO COUNT towards the companion pass. Then the points earned by meeting the minimum spend requirement counts towards the required points as well. You can earn the remaining Qualifying Points with credit card spend, Rapid Reward partners (i.e, Marriott, Avis, Hyatt), and flying Southwest. You cannot combine points between two accounts to count for the companion pass (for example, a husband and wife account cannot be combined!). As a reminder, transferring Chase Ultimate Reward points to Southwest DO NOT count towards the companion pass, but transferring hotel points DO count. Once you accrue the necessary 110,000 points to earn companion pass status, the pass will be available for you for the entire year it was earned PLUS the entire following calendar year. So if you earn the pass now, your pass will be active for the rest of the year and all of 2016.
Credit card to help earn the companion pass: As mentioned previously, there are three different Southwest cards – ALL of them have the same bonus offer after meeting the minimum spend requirements, but different annual fees and annual bonuses. You can view all three cards and the differences in this prior blog post. You can learn more about all Airline credit card offers here.
Let me know if you have any questions!
Disclosure: This post contains affiliate links. As always I’ll list the best offer available as my goal is for you to travel on a deal! This is also one of my personal favorite card offers!