Southwest Fast Rewards® Plus Credit score Card Overview (2024.11 Replace: 40k+$400 Supply)

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2024.11 Replace: The brand new supply is 40k+$400. Supply ends on 2024.10.09. This one is inferior to the earlier 85k supply.

2024.10 Replace: The upper supply is expired. At present there’s solely a 50k supply.

2024.9 Replace: The 85k supply comes again. Supply ends on 2024.10.09.

Utility Hyperlink

Advantages

1. 40k+$400 supply: earn 40,000 Southwest Miles and $400 assertion credit score after spending $3,000 on purchases within the first 4 months. The latest greatest supply is 85k.
2. We worth Southwest Miles at 1.3 cents/level (Airline Miles Worth), so the 85k highest supply is value about $1,105. See A Newbie’s Information to Southwest Miles for particulars about Southwest Miles.
3. Earn 2x miles per greenback spent on Southwest Airways, native transit and commuting (together with rideshare), Web, cable, cellphone providers, and choose streaming, and Fast Rewards resort and automobile rental accomplice. Earn 1x mile per greenback spent on all different purchases.
4. Obtain 3k Southwest Miles after paying the annual price yearly after your second annual cardholder 12 months.
5. 2 EarlyBird Test-In per 12 months.
6. 25% again on in-flight purchases.
7. Should you earn 125k Southwest miles in a 12 months, you get the Southwest companion move certificates which is legitimate till the tip of subsequent calendar 12 months!
8. Refer a buddy (focused): You’ll be able to earn 5,000 bonus Southwest miles for each authorised account you refer, as much as a most of 10 authorised referrals (50,000 Southwest miles) per calendar 12 months.

Disadvantages

1. Annual price $69, not waived first 12 months.
2. Southwest doesn’t have airways companions, so the miles can solely be redeemed for flights on Southwest Airways itself. Southwest solely flies domestically inside the USA and to/from Mexico, Central America, and the Caribbean.
3. It has overseas transaction price, so it is not a good selection exterior the US.

Beneficial Utility Time

1. [5/24 Rule] You probably have 5 or extra new accounts opened previously 24 months, Chase is not going to approve your utility for this card, irrespective of how excessive your credit score rating is. The variety of new accounts consists of all bank card accounts open over 24 months, not solely Chase accounts. See this publish for particulars about probably bypass this rule.
2. This product is on the market to you in case you shouldn’t have any Southwest private bank card and haven’t acquired a brand new cardmember bonus for any Southwest private bank card previously 24 months. Word that what issues right here is the time you bought the sign-up bonus, not the time you open the account or shut the account.
3. Don’t apply for greater than 2 Chase bank cards inside 30 days.
4. We suggest you to use for this card after you may have a credit score historical past of greater than a 12 months.

Abstract

The 75k highest sign-up bonus gives a great worth. Should you apply for a private Southwest card and a enterprise Southwest card, each when have the very best sign-up bonus, then you’ll earn greater than 125k Southwest miles in complete, which is greater than sufficient to get you a Companion Cross. Keep in mind you can not get two private Southwest playing cards on the similar time now. The very best timing to get the Companion Cross is the start of a calendar 12 months, as a result of it is going to be legitimate till the tip of subsequent calendar 12 months!

Now you’ll be able to solely select one Chase Southwest private card from the three out there. Should you don’t fly Southwest incessantly, and also you simply need the sign-up bonus, then the Chase Southwest Plus card with the bottom annual price is essentially the most appropriate for you. Should you fly Southwest incessantly, then the Chase Southwest Precedence with extra advantages could also be higher.

Associated Credit score Playing cards

The present phrases pressure you to decide on just one private Southwest bank card among the many three. However you’ll be able to have each private and enterprise playing cards.

Beneficial Downgrade Choices

• You cannot downgrade this card to any card with no annual price, so I recommend you shut it once you don’t wish to preserve it any longer.

After Making use of

• Name 800-436-7927 to verify Chase utility standing. That is an automatic phone line, and the response from the automated line can be one of many following: Obtain resolution in 2 weeks means your utility might be authorised; Obtain resolution in 7-10 days means your utility might be rejected; Obtain resolution in 30 days merely means your utility requires additional evaluate and there’s nothing to inform you for now. Word that is all anecdotal, and your utility might change from one standing to a different all through the applying course of.
• Chase reconsideration backdoor quantity: 888-270-2127 or 888-609-7805. Name it in case you didn’t get instantly authorised.

Historic Gives Chart

Word: Generally there may be 50k+50k supply on this card. However the spending requirement for the latter 50k is big, so we don’t deal with them as sign-up bonus, we deal with them as spending bonus as a substitute.

Utility Hyperlink

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