Southwest Rapid Rewards Premier
By Alex Compton · Last verified
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.
Apply now or wait?
Consider waitingThis card has offered 85k before; the current 50k is right at its typical 50k. Elevated offers have appeared 1 time in the last two years of our data, so if you can wait, history is on your side.
Current offer
50k
All-time high
85k
Typical offer
50k
In place since
June 2026
Last verified 2026-06-09 · spot an outdated offer? Tell us in the comments.
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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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