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If you’re on the lookout for a brand new bank card for your small business, one card to think about is the Southwest Speedy Rewards® Premier Enterprise Credit score Card.
The annual charge for this card is $ 99, which is inside the usual vary for a lot of different journey and airline playing cards, together with the Southwest Speedy Rewards® Premier Credit score Card.
»Be taught extra: Which Southwest Airways bank card ought to I get?
Listed below are some issues to think about as you resolve if the Southwest Speedy Rewards® Premier Enterprise Credit score Card is definitely worth the annual charge for you.
Will you meet the minimal spending requirement?
The simplest solution to maximize your cardholder advantages is to pursue incomes the welcome bonus by assembly the minimal spend requirement. Right here’s the present provide: Earn 60,000 factors after you spend $ 3,000 on purchases within the first Three months your account is open.
We estimate this sign-up bonus to be value about $ 840 based mostly on NerdWallet’s valuation of Speedy Rewards factors.
Will you discover further card perks priceless?
Even in subsequent years, there are a number of different options of this card that may additionally assist make the annual charge value it.
Annual bonus factors
A novel function of the Southwest Speedy Rewards® Premier Enterprise Credit score Card is that you simply’ll obtain 6,000 bonus factors yearly after your cardmember anniversary. This may be value about $ 84 in airfare based mostly on our valuation of those factors.
2x factors on Southwest purchases
While you buy Southwest Airways flights in your Southwest Speedy Rewards® Premier Enterprise Credit score Card, you’ll get 2 factors for each $ 1 spent on qualifying airfare. This may be useful towards incomes factors to e-book your subsequent trip or enterprise journey.
»Be taught extra: Information to incomes Southwest Airways Speedy Rewards factors
Baggage delay insurance coverage
In the event you use your Southwest Speedy Rewards® Premier Enterprise Credit score Card to e-book your airfare and your baggage is delayed by at the very least six hours, you could be reimbursed for necessities like toiletries and clothes (as much as $ 100 a day for 3 days). This can assist provide you with peace of thoughts whereas touring.
Misplaced baggage reimbursement
Baggage accidents occur. While you buy airfare utilizing the Southwest Speedy Rewards® Premier Enterprise Credit score Card, in case your checked or carry-on baggage are broken or misplaced by the provider, you're lined for as much as $ 3,000 per passenger (together with your instant members of the family). It is a nice profit to have – and like the bags delay insurance coverage, it could actually assist take a number of the stress out of touring.
The underside line
In the event you’ll earn the sign-up bonus and use these further advantages, the $ 99 annual charge may definitely be value it for the primary 12 months.
Then, since you’ll obtain 6,000 bonus factors after your cardmember anniversary annually, the cardboard is value holding onto when you fly Southwest Airways a number of occasions a 12 months.
maximize your rewards
You desire a journey bank card that prioritizes what's vital to you. Listed below are our picks for the perfect journey bank cards of 2020, together with these finest for:
Planning a visit? Try these articles for extra inspiration and recommendation:
Discover the perfect journey bank card for you
eight priceless advantages of Southwest Airways bank cards
Earn extra factors and miles with these 6 methods