Signing up for credit cards through partner links earns us a commission. Here’s our full Advertising Policy.
Update: A credit card offer in this post may no longer be available, but check the Hot Deals for the latest offers!
Million Mile Secrets’ reader @scott_traveler tweeted:
MilMileSecrets Do you know when the Southwest 50,000 mile credit cards will end?
Earlier in May, Chase increased the sign-up bonus on all 4 Southwest credit cards, including the Southwest Premier Card, to 50,000 points after completing the minimum spending. This is a very good deal because 50,000 Southwest points are worth ~$710 in travel or $500 in gift cards.
And when you sign-up for 2 cards, you’ll get 104,000 points (100,000 sign-up bonus + 4,000 points from spending). That means you only need to earn 6,000 more points to qualify for the Southwest Companion Pass, which requires you to earn 110,000 points in a calendar year.
Chase Southwest Cards
Link: Southwest Rapid Rewards® Premier Business Credit Card
Link: Southwest Rapid Rewards® Plus Business Credit Card
The Southwest 50,000 point cards are usually offered every 2 to 3 months or so. And in the past, the offers have usually lasted ~1 month. That said, there’s usually at least one 50,000 point card available at any time. So if you’re looking for just 1 card, you can get it most times. It is rarer to see ALL 4 cards with the 50,000 point bonus at the same time!
This last round of 50,000 point cards were made available in the middle of May. So I suspect they’ll be around for another 2 to 3 weeks. But I haven’t heard for sure.
So @scott_traveler still has a couple of weeks to apply. But if he misses it this time, he should be able to try again in a few months.
Which Southwest Card Is Best?
The 4 versions of the Southwest cards are all considered a different card product based on Million Mile Secrets’ reader reports. That means you can get all 4 cards! But not all at once. Chase normally limits folks to 1 personal and 1 business version in the same round of applications.
And you usually can NOT get the sign-up bonus for the SAME card if you’ve had it previously.
If you’re not sure about applying for a business card, did you know you can get a business card even if you have a start up business which doesn’t generate a lot of revenue? You can read my post on how to fill out a Chase business credit card application (but be honest on the application!).
With the Southwest Premier card (personal and business) you get:
- 6,000 Southwest points each card anniversary
- No foreign currency fees
- Annual fee of $99, NOT waived for the 1st year
The Southwest Plus card (personal and business) gets you:
- 3,000 Southwest points each card anniversary
- 3% foreign currency fees
- Annual fee of $69, NOT waived for the 1st year
The extra $30 in annual fees for the Southwest Premier card could be worth it for overseas travel because you’ll avoid foreign transaction fees. And you’ll get a higher anniversary bonus of Southwest points, which almost makes up for the annual fee. So do the math and do what works best for you.
Earn the Southwest Companion Pass
Link: Southwest Companion Pass
Applying for 2 Southwest credit cards and 10,000 extra Southwest points can get you $3,124 in travel on Southwest and a Southwest Companion pass so that your companion can fly almost free for up to 2 years!
This is my favorite airline deal. Emily and I have saved so much money using the Companion Pass to visit family and to take vacations in the US.
You can read my post on whether to get the Southwest cards now or later this year. But be sure not to make these 3 mistakes that could cost you the Southwest Companion Pass!
If you apply for the cards now, you could get the Companion Pass for the rest of 2014 and all of 2015!
I’m not exactly sure when the Southwest 50,000 point card offers will end, but based on past offers, I suspect they’ll be around for another 2 to 3 weeks.
If you miss them this time around, don’t worry! They usually come back every few months.
They’re still some of my favorite cards, because they get you lots of Big Travel with Small Money, especially if you get the Southwest Companion Pass!
Did you get the Southwest cards this time around?