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Starting Jan. 9, 2020, all three Southwest bank cards are giving greater spenders the flexibility to almost double their sign-up bonus.
The Southwest Fast Rewards® Plus Credit score Card, Southwest Fast Rewards® Premier Credit score Card and Southwest Fast Rewards® Precedence Credit score Card now supply this to new cardholders: Earn 40,000 factors after spending $ 1,000 on purchases within the first three months their account is open. Plus, earn a further 35,000 factors after spending $ 5,000 on purchases within the first 6 months their account is open.
You’ll be able to earn both or each bonuses, which might work within the following methods:
- Spend $ 1,000 within the first three months, earn 40,000 factors, and cease there, forgoing the extra 35,000 factors.
- Don’t spend sufficient within the first three months to get the 40,000 factors, however catch up and spend $ 5,000 within the first six months and earn 35,000 factors.
- Spend $ 1,000 within the first three months, earn 40,000 factors, after which spend $ 4,000 extra by the six-month mark and earn 35,000 extra factors, for a complete of 75,000.
Beforehand, you possibly can earn 40,000 factors after spending $ 1,000 within the first three months, with no further bonus after that.
Whereas the three playing cards share the identical welcome supply and rewards incomes price, there are a number of key methods by which they differ, together with annual charges and anniversary bonuses.
»MORE: Which Southwest bank card must you select?
The factors you earn from the sign-up bonus depend towards Southwest’s much-loved Companion Move. That is particularly useful now that the factors requirement for the cross has elevated. As of January 2020, you now should rack up 125,000 factors in a calendar yr, up from 110,000 factors, to get your arms on one. (You too can get a Companion Move after flying 100 qualifying one-way flights in a calendar yr.)
The Companion Move means that you can select one individual to fly with you free of charge (plus taxes and charges, which begin at $ 5.60) each time you purchase your individual ticket with money or factors. The Companion Move is sweet for the rest of the yr you earn it, plus the total calendar yr after that. You’ll be able to change the title of your companion as much as thrice in a calendar yr.