Southwest Performance Business Card Offers 120,000 Bonus Points and Companion Pass

What's Happening?

The Southwest Rapid Rewards Performance Business Credit Card is offering a significant bonus of 120,000 Southwest points after spending $10,000 within the first three months of account opening. This bonus is one of the highest seen for this card, allowing cardholders to potentially book $1,500 in Southwest flights. Additionally, the bonus points qualify for the Southwest Companion Pass, enabling cardholders to bring a travel companion for just the cost of taxes and fees on Southwest flights. The Companion Pass is valid for the remainder of the year it is earned and the following calendar year, providing nearly two years of benefits if timed correctly.

Why It's Important?

This offer is particularly beneficial for frequent travelers and business owners who can leverage the Companion Pass to significantly reduce travel costs. The ability to earn the Companion Pass through the card's bonus points simplifies the process, which typically requires accruing 135,000 qualifying points in a calendar year. The card also offers additional perks such as free checked bags and priority boarding, which can offset recent negative changes in Southwest's policies. This makes the card a valuable tool for those looking to maximize travel benefits and manage expenses effectively.

What's Next?

Cardholders should strategically plan their spending to ensure the bonus points post early in the year, maximizing the duration of the Companion Pass benefits. As Southwest continues to adjust its policies, cardholders may need to stay informed about changes that could affect their travel experience. Additionally, those interested in the card should consider the eligibility requirements, such as the Chase 5/24 rule and the need to be a business owner.

Beyond the Headlines

The offer highlights the competitive nature of travel credit cards and the importance of understanding card benefits and restrictions. As airlines and credit card companies continue to evolve their offerings, consumers must remain vigilant in assessing the value and applicability of such promotions to their personal and business travel needs.