[Disclosure: Emily and I get a commission if you're approved using the links in this post. We always include the best offer for a card even if it doesn't pay us a commission. You don't have to use our links, but thanks for your support!]
I’m always curious to see which credit cards get the most clicks and for which cards folks are getting approved.
I don’t get your name or any of the personal information which you fill out on the application (that goes straight to the banks!), but I do know how often a link is clicked on and the number of folks approved for a particular card.
Not surprisingly, LOTS of folks are applying and getting approved for the Southwest 50,000 point cards from Chase. Because now is the best time to apply!
The Southwest 50,000 point sign-up bonus ends in 1 week on October 31, 2013.
Why Does Everyone Want the Southwest Companion Pass?
The Southwest Companion Pass is one of the best ways to save money on airline tickets for travel within the US.
Why? Because it lets a companion travel with you for free whenever you travel on Southwest. It doesn’t matter if your flight is booked with points or paid for with cash – your companion flies free (~$2.50 in taxes and fees)!
Some folks scoff at Southwest because they have only economy seats, but in my opinion Southwest is the best domestic airline. What’s not to like about more non-stop flights, 2 free bags, friendly flight attendants, and large comfortable planes (no regional jets!)
Oh, and it is really easy to redeem points for flights on Southwest because if a seat is available, you can book it with points!
You have to earn 110,000 Companion Pass qualifying points within 1 calendar year (January 1 to December 31st).
However, the 50,000 point bonus from the Southwest credit cards are currently counting towards the companion pass (though this could change at any time).
All 4 versions of the Southwest credit cards currently offer 50,000 Southwest points after spending $2,000 within 3 months. You can redeem 50,000 Southwest points for $710 to ~$850 in Southwest flights or for ~$500 in gift cards.
2 Southwest credit cards and 10,000 extra points can get you ~$2,840 to $3,400 in Southwest travel and a Southwest Companion pass so that your companion can fly free (pay just the $2.50 security fee) for up to two years!
You get the Companion Pass after earning 110,000 Companion Pass qualifying points a calendar year.
This is The Best Time to Apply
Because if you time it right and get all the 110,000 Southwest points to post to your Southwest account in 2014 (and NOT in 2013), you will earn the Southwest Companion Pass until the end of 2015.
That’s close to 2 years of almost free flying for your companion on both paid and award tickets! I earned my second Companion Pass on January 22, 2013 and it is valid up to December 31, 2014!
See this post for more details on how to time the minimum spending on the card to make the most out of your Southwest Companion Pass.
The Southwest Companion Pass is the best deal for travel within the US and many Million Mile Secrets readers are applying and getting approved for the card.
Now’s the best time to apply for any of the Southwest credit cards because all 4 versions offer a 50,000 point sign-up bonus which counts towards the Companion Pass. And if you earn the companion pass in 2014, it is valid until the end of 2015.
Even if you don’t want the Southwest Companion Pass, just one Southwest card can get you $710 to $850 in flights or $500 in gift cards!
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