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Southwest Rapid Rewards Premier card art

Southwest Rapid Rewards Premier

By Alex Compton · Last verified

The middle child of the Southwest lineup, now with a free checked bag and a $149 fee.

★ 7.8/10ChasepersonalSouthwest Rapid Rewards Points5/24 applies
View Current OfferBest for: Companion Pass chasers

Welcome Bonus

55,000

≈$743 value

Spend Requirement

$1,500

in 3 months

Annual Fee

$149

No FTF

Credit Score

700+

(Good to Excellent)

Current offer note: Public offer: 55,000 points after $1,500 in 3 months; $149 annual fee

Historical Offers Chart

Every public offer change we've tracked. Hover for details, timing your application is worth hundreds of dollars.

Apply now or wait?

Strong offer

The current 55k beats this card's typical offer of 52,500. The all-time high is 85k, so a bigger number has appeared before, but you are getting an above-average deal today.

Current offer

55k

All-time high

85k

Typical offer

52,500

In place since

October 2026

Sign-Up Bonus (points)Spending Requirement ($)
025,00050,00075,000100,000$0$1,000$2,000$3,000$4,0002021-012022-012023-012024-012025-012026-012027-01Sign-Up BonusSpending Requirement ($)
ObservedOfferRequirementWhat changedEvidence
2026-11-0955,000$1,500 in 3 moTerms reconfirmedFreshness-rotation reconfirmation: Chase's own product page and Upgraded Points' offer history both still show 55,000 points after $1,500 in 3 months, $149 annual fee. No change.Chase Southwest Rapid Rewards Premier product page, checked November 9, 2026 →
2026-10-1255,000$1,500 in 3 moBonus increased: 50,000 → 55,000 · Spend: $1,000 → $1,500Public offer: 55,000 points after $1,500 in 3 months; $149 annual feeChase Southwest Rapid Rewards Premier product page →
2026-0650,000$1,000 in 3 moBonus decreased: 85,000 → 50,000 · Spend: $3,000 → $1,000Archive record · no attached snapshot
2024-1185,000$3,000 in 3 moBonus increased: 50,000 → 85,000 · Spend: $1,000 → $3,000Elevated offerArchive record · no attached snapshot
2023-0550,000$1,000 in 3 moBonus increased: 40,000 → 50,000Archive record · no attached snapshot
2021-0140,000$1,000 in 3 moEarliest recordArchive record · no attached snapshot

Primary-source verification log

Append-only evidence ledger
  1. changed

    Annual fee now $149 (was $99); offer 55k after $1,500 in 3 months; earn 3x Southwest, 2x grocery and restaurants on first $8k per year; EarlyBird credits gone, free first bag added.

    Fields: annualFee, bonus, spend, tagline, earningRates, benefits, pros, cons, ourTake

    Chase Southwest Rapid Rewards Premier product page →

Source checked 2026-11-09 · spot an outdated offer? Report a correction above.

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Earning Rates

  • 3xSouthwest purchases
  • 2xGrocery stores and restaurants (first $8,000 combined per anniversary year)
  • 1xAll other purchases

Credits

No statement credits, this card wins on earn rates, not coupons.

Benefits

  • ✦6,000 anniversary points each year
  • ✦First checked bag free for you and up to 8 passengers on the same reservation
  • ✦Group 5 boarding and Preferred seat selection within 48 hours of departure, when available
  • ✦15% flight discount promo code each anniversary year (excludes Basic fares)
  • ✦10,000 Companion Pass qualifying points boost each year
  • ✦1,500 tier qualifying points per $5,000 spent
  • ✦25% back on inflight purchases
  • ✦No foreign transaction fees

Why it earns its spot

  • +Free checked bag for up to 9 travelers on one reservation can repay the fee in one trip
  • +Annual 10,000 point Companion Pass boost
  • +No foreign transaction fees

Where it costs you

  • −Annual fee is now $149, and 6,000 anniversary points cover only part of it
  • −Southwest points only buy Southwest flights
  • −Counts against Chase 5/24

The Compound Verdict

The fee went to $149, but the card now carries a free first checked bag, Group 5 boarding and a yearly 10,000 point Companion Pass boost. Families that check bags on Southwest recover the fee fast. Solo carry-on flyers should compare it to the cheaper Plus.

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