Both of the Southwest Airlines Rapid Rewards Business Cards have exciting new welcome offers which could be very enticing provided you can meet the minimum spend requirements: each one allows you to potentially earn a Southwest Companion Pass with just one card.
Expiration Date and Strategy
The offer currently shows an expiration date of 9/16/24 on Chase's website. By strategically applying in mid-September and adjusting the statement date, you could obtain a companion pass for two years.
Optimizing Spending for Maximum Points
If you apply and get approved by September 15th, you have until 12/15 to meet the spend. By changing the statement date, you can ensure that points earned in December will count towards the next year.
Key Card Details
Visa issued by Chase
- Up to 120K points
- 60K points after $3K spend within the first 3 months and an additional 60K after $15K total spend within the first 9 months
- $99 Annual Fee
- Earning rate: 3X Southwest, 2X Rapid Rewards hotel and car partners, 2X rideshare, 1X on all other purchases
- Big spend bonus: Earn 1,500 TQPs for each $5,000 spent in purchases annually
Upgraded Benefits
The card also offers 6000 bonus points each year upon card renewal and 2 EarlyBird Check-Ins each year.
Considerations for Pass Qualification
In order to obtain the Companion Pass, cardholders need to earn 125,000 Companion Pass-Qualifying Rapid Rewards points within a calendar year. Completing the $15K spend in 2024 could grant you a pass for the rest of 2024 and all of 2025.
Final Thoughts
These improved offers present a great opportunity to secure a pass with one card. However, it's essential to weigh the benefits of an 18-month pass now versus potentially extending it to 24 months by applying for two cards later in the year. It's a decision that could significantly impact your travel perks and rewards.
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