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. New cardholders can earn an additional 35,000 points by spending $5,000 during the first six months of having the card.
The Southwest Rapid Rewards® Priority Credit 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 Southwest Rapid Rewards® Priority Credit Card has 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.