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Via The Points Guy, the increased 50,000 point sign-up bonuses on the Chase Southwest cards may be ending today!
That said, I’m pretty sure that at least one Southwest card will still have the 50,000 points sign-up bonus even after today. This is the peak traveling season, and Southwest wouldn’t want to promote the lower (regular) offer of 25,000 points in airports.
Folks who can refer the Southwest card to others say that the offer is ending in January, so I’m pretty sure that this offer will be around for some more time. And Southwest usually brings back these offers every 3 or 4 months, so no need to panic!
The sign-up bonuses on these cards are by far the best deal for domestic travel. 50,000 points is worth ~$715 in Southwest flights.
But if you get 2 cards (and earn an extra 6,000 points), you’ll qualify for the Southwest Companion Pass. With the Companion Pass, your companion will fly with you for almost free (on paid and award tickets) for up to ~2 years!
Now is a great time to qualify for the Companion Pass, because if you earn it in early 2015, it will be valid for almost 2 years (until the end of 2016).
What’s the Deal?
Link: Chase Southwest Premier (Personal)
Link: Chase Southwest Premier (Business)
Link: Chase Southwest Plus (Personal)
Link: Chase Southwest Plus (Business)
It’s rumored that the increased sign-up bonus on the Chase Southwest cards will end today. Normally, the bonus is 25,000 points, but a few times each year, Chase increases the bonus to 50,000 points after you complete minimum spending requirements.
Southwest points are worth ~1.43 cents per point towards flights. So the sign-up bonus on 1 card is already worth ~$715 in travel.
Southwest flies throughout the US, as well as to Mexico and the Caribbean.
But the sweeter deal is to earn 110,000 points in a calendar year to get the Southwest Companion Pass.
If you got 2 cards now (for example, 1 personal and 1 business), you could complete the minimum spending requirement early next year. Then you’d earn a Southwest Companion Pass valid until December 31, 2016. That’s almost 2 years of Big Travel with Small Money!
But you have to time your spending correctly! You want the bonus points to post to your account after January 1, 2015, so don’t meet the minimum spending requirement until after your December 2014 statement closing date.
If you don’t think you own a business, read these ways you might qualify for a business card.
If you miss this deal, don’t worry. The increased bonuses normally come around again a few times a year. But I’m not exactly sure when they’ll return.
And there’s almost always at least 1 Southwest card with a 50,000 point bonus available.
Via The Points Guy, the increased 50,000 point sign-up offers on the Chase Southwest cards could be ending today. But I suspect that we’ll see at least 1 of the cards still have the sign-up bonus after today.
If you were hoping to use these cards to help earn the Southwest Companion Pass in early 2015, this could be your last chance.
But if you’re NOT in a hurry to earn the Companion Pass, you should know these better offers usually re-appear after a few months.
Did you get the increased bonus to earn the Southwest Companion Pass for ~2 years this time around?