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Many thank to Million Mile Secrets reader Shawn for letting me know that the Chase Southwest Rapid Rewards® Plus Credit Card and Southwest Rapid Rewards® Plus Business Credit Card cards are again offering a 50,000 point sign-up bonus!
As always, I updated the Airline Credit Card tab so that you only find the best credit card offers on Million Mile Secrets.
Unfortunately, the minimum spending requirement has increased from $1,000 to $2,000 within 3 months. Also, the Southwest Premier cards are still offering a 25,000 point sign-up bonus.
I love the Southwest cards because ~$835 in free Southwest flights makes this the card with the best sign-on bonus for domestic US travel!
Even better, the points from the credit card sign-up bonus have been counting towards the Southwest Companion Pass.
The Southwest Companion Pass is the best airline perk 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!
You need 110,000 Companion Pass qualifying points in a calendar year to qualify for the Companion Pass. I earned my Companion Pass in 2011 from 2 Chase Southwest credit card sign-up bonuses of 50,000 points each and from transferring hotel points to earn the balance 10,000 points.
Her’s an earlier post on how get the extra 10,000 points for the companion pass, once you get 100,000 Southwest points from the credit card sign-up bonus.
Companion Pass Strategy:
If you don’t have the companion pass currently, you can complete the minimum spending in January 2013 so that the points post to your Southwest account in 2013. If you earn the Companion Pass in January 2013 it will be valid for the whole of 2013 and up to the end of 2014 for close to 2 years of free flying!
Of course, we don’t know if the points from the credit card sign-up bonus will continue to count towards the Companion Pass in 2013, but it has been counting so far.
If you already earned 50,000 Southwest points this year (2012), you could get another 50,000 points from a credit card and earn the remaining 10,000 points to earn the Companion Pass this year. Companion Passes earned in 2012 will be valid up to the end of 2013.
The Companion Pass counter resets on the 1st of the year, so you’ll have to start from scratch even if you already earned 50,000 points in 2012.