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The Southwest credit card keeps on going back and forth between 25,000 points and 50,000 points, but I am happy to announce that the card is currently offering the higher 50,000 point offer after spending $2,000 on the card within the first three months. This offer is for all three affiliated cards which I’ve described in more detail below. You can learn more about all Airline credit card offers here.
There are a total of three Southwest Airlines Rapid Rewards credit cards – currently ALL of them have the same 50,000 points offer with the $2,000 spend within 3 months:
- Southwest Airlines Rapid Rewards® Premier Card – $99/year fee, but you receive 6,000 points after year cardmember year – which is worth about $86 towards a future Southwest “Wanna Getaway” fare.
- Southwest Airlines Rapid Rewards® Premier Business Card – $99/year fee, but you receive 6,000 points after year cardmember year – which is worth about $86 towards a future Southwest “Wanna Getaway” fare.
- Southwest Airlines Rapid Rewards® Plus Card – $69/year fee, but you only receive 3,000 points after each annual year – which is worth about $43 towards a future Southwest “Wanna Getaway” fare.
What is 50,000 points worth?
For those who are new to Southwest, 50,000 points is currently worth about $714.29 towards a future “Wanna Getaway” fare. Although, now with their dynamic pricing, some more higher demand flights will cost slightly more points.
Now, the real benefit….
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 $2.50 taxes per segment). This is not a one time companion pass, but has unlimited usage! It lasts for the year you earn the pass plus the following year. The 50,000 points per credit card offer after meeting the minimum spend requirements DO COUNT towards the companion pass. Additionally, the 2,000 points earned by meeting the minimum spend requirement also counts towards the companion pass. And, you are able to apply for more than one card, although Chase only allows you to have two Southwest Airlines credit card open at any given time.
I’ve personally been a Southwest Companion pass holder for I think 8 years now (I’ve started to lose track), and I’ve saved thousands of dollars with it. Most recently I used it to go to Aruba. My flight was paid for with points and my husband flew free (plus the taxes). The companion pass is by far one of the best ways to save money when traveling! You can read more about getting the Southwest Companion pass here.
How to get the Southwest Companion Pass
You need a total of 110,000 Qualifying points and then the companion pass is yours. After apply for a card and meeting the minimum spend requirement, that will get you 52,000 points. 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!), although if you are eligible to earn the sign up bonus on two cards those points are combined. As a reminder, transferring Chase Ultimate Reward points to Southwest DO NOT count towards the companion pass, but transferring hotel points DO count. Here are the multiple ways to earn the Southwest Airlines Companion Pass. 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 companion pass now, it will be valid the rest of 2015 and then all of 2016. This means you could have it for potentially 18 months. With that being said, we typically see this offer come around again in October/November and if you apply then and do not meet the minimum spend requirement until January 2016, you’ll have the companion pass for all of 2016 and 2017. So really it depends on when you are looking to fly with Southwest. Also, there is no guarantee that the offer will be available again this Fall.
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.
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!