Right here’s the present supply and eligible playing cards you’ll be able to join to earn it:
Earn as much as 75,000 factors. Earn 40,000 factors after you spend $ 1,000 on purchases within the first three months your account is open. Plus, earn 35,000 factors after you spend $ 5,000 on purchases within the first 6 months your account is open.
Once more, that is almost double the traditional introductory supply on these playing cards.
NerdWallet values Southwest factors at 1.four every. Should you fulfill the spending necessities and earn this bonus in full, meaning you'd have round $ 1,050 in worth out of your introductory supply alone – to not point out the extra factors you accrued from spending to get there.
Who ought to get this supply?
Based mostly on the worth this supply presents and what you’ll have to spend to get there, we predict vacationers who fall in these classes ought to take into account making use of earlier than the Feb. 10 cutoff:
You reside the place Southwest flies
Southwest connects 102 locations throughout the US and 10 different nations. In case your most well-liked airport is served regularly by Southwest Airways, these playing cards generally is a welcome addition to your pockets.
These are the highest 10 cities served by Southwest Airways (in descending order based mostly on day by day Southwest departures):
You simply spend ~ $ 850 or extra on a bank card month-to-month
To achieve the $ 5,000 spending threshold, it’s good to spend a minimum of $ 833 month-to-month, on common, over the primary six months together with your new bank card. Should you're up for the problem or can simply exceed this quantity, this could possibly be an excellent introductory supply to leap on.
You need the Southwest Companion Move
Should you earn it, this introductory bonus will get you over midway to the necessities for incomes the Southwest Companion Move: 125,000 qualifying factors or 100 one-way flights. This head begin means it’s good to earn solely 50,000 further factors in a calendar yr to take pleasure in touring together with your designated companion for simply the price of taxes and costs.
Understand that the Companion Move is legitimate for the remainder of the calendar yr wherein you earn it plus the complete subsequent yr. Should you're going to earn it, we advocate that you just accomplish that originally of the yr so you’ll be able to maximize its worth.
You just like the playing cards ’different advantages
There are numerous advantages to holding a Southwest bank card past accelerated factors accrual on Southwest purchases. You’ll be able to redeem your factors by way of Southwest’s Fast Rewards portal on rental automobiles, motels, reward playing cards, merchandise and extra.
Skip it, if …
That mentioned, there are some people who gained't have an interest on this supply. Right here’s why you may need to skip it:
You don’t love flying Southwest
Southwest isn't everybody's cup of tea – it doesn't supply a enterprise or top quality possibility, any premium seating or meal service. The boarding and examine in processes can really feel annoying and worrying if you happen to desire having an assigned seat.
And the family-friendly nature of Southwest’s model (household boarding between teams A and B for households with kids underneath 6, as an example) generally is a turnoff to frequent or enterprise vacationers.
You unfold your corporation throughout a number of airways
Skip this introductory supply from Chase’s Southwest bank cards if you’re juggling loyalty between a number of airways – or in case you have no loyalty and would moderately snag an excellent flight deal while you discover one.
Additional, if you happen to're motivated to optimize your spending (and factors accrual) by strategically using a number of rewards bank cards, then going all-in on $ 5,000 value of purchases to obtain a further 35,000 in factors may not make sense.
The underside line
You’ve gotten just some days to find out if these introductory bank card provides are value pursuing. Those that do select to open accounts can profit from an additional 35,000 Southwest factors in contrast with cardholders up to now – giving them a severe head begin on incomes a Companion Move.