Southwest Rapid Rewards Premier
The middle child of the Southwest lineup, and often the right pick.
Welcome Bonus
50,000
≈$675 value
Spend Requirement
$1,000
in 3 months
Annual Fee
$99
No FTF
Credit Score
700+
(Good to Excellent)
Historical Offers Chart
Every public offer change we've tracked. Hover for details, timing your application is worth hundreds of dollars.
Last verified 2026-06-09 · spot an outdated offer? Tell us in the comments.
Earning Rates
- 3xSouthwest purchases
- 2xRapid Rewards hotel and car partners
- 2xLocal transit, internet, cable, phone services
- 1xAll other purchases
Credits
No statement credits, this card wins on earn rates, not coupons.
Benefits
- ✦6,000 anniversary points each year
- ✦Two EarlyBird Check-In credits per year
- ✦25% back on in-flight purchases
- ✦1,500 tier qualifying points per $5,000 spent
- ✦No foreign transaction fees
Why it earns its spot
- +Anniversary points cover most of the fee
- +Bonus counts toward Companion Pass qualification
- +No FTF, unlike the cheaper Plus
Where it costs you
- −Southwest points only buy Southwest flights
- −Counts against Chase 5/24
The Compound Verdict
Time the application so the bonus lands in January and you are most of the way to a Companion Pass. The anniversary points keep it worth holding after that.
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