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Source: Southwest
What you need to know
- Southwest is offering new cardholders 75,000 bonus points on select credit cards.
- The Rapid Rewards Plus, Rapid Rewards Premier, and Rapid Rewards Priority are all eligible.
- Points can be used to book flights, hotels, and help earn the coveted Companion Pass.
Southwest Airlines is looking to ring in the New Year in style this year. In celebration of the new decade, the airline is offering some of the biggest welcome bonuses ever on some of its most popular credit cards.
Reported by The Points Guy, Southwest is offering new cardholders 75,000 bonus points on the Southwest Rapid Rewards Plus Credit Card, Southwest Rapid Rewards Premier Credit Card, and Southwest Rapid Rewards Priority Credit Card.
Plus rewards
Southwest Rapid Rewards® Plus Credit Card
Earn up to 75,000 points. Earn 40,000 points after you spend $1,000 on purchases in the first 3 months your account is open. Plus, earn 35,000 points after you spend $5,000 on purchases in the first 6 months your account is open. 3,000 bonus points after your Cardmember anniversary. 2 points per $1 spent on Southwest® purchases and Rapid Rewards® hotel and car rental partner purchases. 1 point per $1 spent on all other purchases. All points earned count towards Companion Pass. No blackout dates or seat restrictions. Redeem your points for flights, hotel stays, gift cards, access to events, and more.
Cardholders can earn the first 40,000 points after you spend $1,000 in the first three months, and grab the other 35,000 points after you spend $5,000 within the first six months of card membership. The Points Guy notes that the tiers on this specific offer are relatively low when compared to the rest of the industry and that it is more common to see a $10,000 requirement in spending in order to achieve the full bonus of a welcome offer.
Premier rewards
Southwest Rapid Rewards® Premier Credit Card
Earn up to 75,000 points. Earn 40,000 points after you spend $1,000 on purchases in the first 3 months your account is open. Plus, earn 35,000 points after you spend $5,000 on purchases in the first 6 months your account is open. 6,000 bonus points after your Cardmember anniversary. 2 points per $1 spent on Southwest® purchases and Rapid Rewards® hotel and car rental partner purchases. 1 point per $1 spent on all other purchases. No foreign transaction fees. No blackout dates or seat restrictions. Redeem your points for flights, hotel stays, gift cards, access to events, and more.
The Points Guy currently values Southwest Rapid Rewards points at 1.5 cents each, meaning that earning the full bonus here is worth up to $1,125. Those points can be redeemed for flights domestic or foreign, as well as helping you earn the Southwest Companion Pass which lets you bring along a companion on your flights for free.
Priority rewards
Southwest Rapid Rewards® Priority Credit Card
Earn up to 75,000 points. Earn 40,000 points after you spend $1,000 on purchases in the first 3 months your account is open. Plus, earn 35,000 points after you spend $5,000 on purchases in the first 6 months your account is open. 7,500 bonus points after your Cardmember anniversary. $75 Southwest® travel credit each year. 4 Upgraded Boardings per year when available. 20% back on in-flight drinks and WiFi. 2 points per $1 spent on Southwest® purchases and Rapid Rewards® hotel and car rental partner purchases. 1 point per $1 spent on all other purchases. No foreign transaction fees.
The offer is only around for a limited time, so if you plan to fly Southwest in the near future this is a great one to take advantage of.
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