Credit Cards (US)

Southwest Rapid Rewards® Premier Credit Card review

Read the Southwest Rapid Rewards® Premier Credit Card review to learn how to earn amazing travel benefits at a reasonable annual fee.

Southwest Rapid Rewards® Premier Credit Card: earn up to 3X points per dollar spent on eligible purchases

Your trip will get even better with this card. Source: The Mister Finance.
Your trip will get even better with this card. Source: The Mister Finance.

If you frequently travel, read this Southwest Rapid Rewards® Premier Credit Card review to find out how to maximize your rewards to travel even more.

Southwest Rapid Rewards® Premier Credit Card

How to apply Southwest Rapid Rewards® Premier?

Check out how to apply for a Southwest Rapid Rewards® Premier Credit Card and earn unlimited points and travel perks to enjoy your next trip.

Additionally, the costs of holding this credit card are quite reasonable, as shown below.

Credit ScoreNot disclosed
APRFrom 20.74% – 27.74% on purchases and balance transfers;
29.74% variable on cash advances.
Annual Fee$99 (applied to 1st billing statement)
FeesBalance transfers: $5 or 5% of the amount of each transaction, whichever is greater;
Cash Advances: $10 or 5% of the amount of each transaction, whichever is greater;
Foreign transaction: none;
Late Payment: up to $40;
Over-the-Credit-Limit: none;
Return Payment: up to $40Returned check: none
Welcome bonus50,000 points once spending $1,000 on purchases within 3 months from the account opening date
Rewards3X points per dollar spent on Southwest purchases;
2X points per dollar spent on rental and hotel partners, internet, phone services, select streaming, cable, local transit and commuting;
1X point per dollar spent on everything else

Also, the card doesn’t charge any foreign transaction fees. Certainly, an amazing credit card from Chase that is specially designed for travelers.

How does the Southwest Rapid Rewards® Premier Credit Card work?

For those who frequently travel around the world, it is very important to consider having credit cards that help accumulate rewards to redeem for more travel perks.

It is the case with the Southwest Rapid Rewards® Premier Credit Card. As shown before on this review, the card comes with a reasonable annual fee considering the many benefits the card offers.

In the first place, this Chase card features a good welcome bonus of 50,000 points once you spend at least $1,000 on purchases within three months from the account opening date.

Also, you will earn the following:

  • 3X points per dollar spent on Southwest purchases;
  • 2X points per dollar spent on rental and hotel partners, internet, phone services, select streaming, cable, local transit, and commuting;
  • 1X point per dollar spent on everything else.

That is, you will earn points on every purchase you make. Then, you will be able to accumulate rewards to redeem for travel perks and more.

In addition, there are many exclusive benefits for card members, including bonuses on anniversaries, priority check-in, discounts on inflight purchases, and more.

Not to mention that, if you fly on Southwest, you will love to know that your bags fly for free, there are no change fees, and there are unlimited reward seats with no blackout or restrictions.

On the other hand, note that APRs are quite high, and the card doesn’t come with a low introductory APR period.

Southwest Rapid Rewards® Premier Credit Card benefits

Every dollar spent will turn into 3 reward points. Source: Canva.
Every dollar spent will turn into 3 reward points. Source: Canva.

As can be seen on this Southwest Rapid Rewards® Premier Credit Card review, this card is a great choice for travelers. 

To sum up, it doesn’t charge a foreign transaction fee; it offers unlimited points on purchases with flexible redemption, and it gathers essential security and convenience features.

Pros

  • It offers a good welcome bonus;
  • It doesn’t charge a foreign transaction fee;
  • It offers up to 3X points on eligible purchases;
  • It gathers anniversary bonuses, discounts on inflight purchases, and more;
  • It provides a complete package of perks for Southwest clients.

Cons

  • It charges an annual fee.

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How good does your credit score need to be?

This information wasn’t found. But since the card gathers several benefits, it probably requires good creditworthiness in the application.

How to apply for a Southwest Rapid Rewards® Premier Credit Card?

Then, if you want a fantastic travel card, learn how to apply for the Southwest Rapid Rewards® Premier Credit Card.

Southwest Rapid Rewards® Premier Credit Card

How to apply Southwest Rapid Rewards® Premier?

Check out how to apply for a Southwest Rapid Rewards® Premier Credit Card and earn unlimited points and travel perks to enjoy your next trip.

About the author  /  Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by  /  Aline Barbosa

Senior Editor

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