Southwest Airlines and Chase Launch New Rapid Rewards Priority Credit Card
Today, Southwest Airlines and Chase launched a travel rewards card that expands on the Southwest Rapid Rewards Premier Credit Card. The new Southwest Rapid Rewards Priority Credit Card offers the same benefits as the Premier card with an enhanced rewards system and extra in-flight savings.
Cardholders can earn 40,000 bonus points after spending $1,000 on the card in the first three months. Southwest offers an additional 25,000 bonus points for spending $15,000 on the card during the first year.
The Rapid Rewards Priority Card comes with 7,500 anniversary points each year, compared to the 6,000 points that Premier cardholders earn. Both programs offer two points per $1 spent at Southwest and on select hotel and car rental purchases. Other transactions are worth one point per $1.
The main drawback of the Priority card is the $149 annual fee. The Premier card has a $99 annual fee, and the entry-level Rapid Rewards Plus card has a $69 annual fee. However, the Priority tier offers 20% back on in-flight purchases, which includes movies, drinks, Wi-Fi and messaging. It also offers four upgraded boardings each year, when applicable.
The Priority and Premier cards have no foreign transaction fee. There is no limit to the number of points earned, and points do not expire as long as the account is open. Interested applicants can apply for a Southwest Airlines Rapid Rewards Priority Credit Card on the Chase website.