Published on October 16th, 2019 | by Chuck42
4 Southwest Credit Card Bonuses Slated To End on October 16th
The Southwest Performance business 80,000 points signup bonus offer is slated to end on October 16th, as we’ve noted previously. Reader Randy sent in an image about the Southwest Plus 40,000+20,000 offer, indicating that it, too, is slated to end on October 16th. I’m guessing the other two personal Southwest card which currently have 40,000+20,000 signup offers are slated to end then as well as all 3 of these 40+20 offers came out together. The Premier Business card has 60,000 points as its standard offer, and that will likely remain.
We don’t know what the signup bonus will be after the 16th. It might be extended or it might go down to 25,000 points or some other amount. Personally, I’d probably jump on the Performance business 80k offer as that’s a card-launch offer, and very possibly will come down to 60,000 (or something like that) as the permanent offer going forward.
On the other hand, the personal card offers of 40k+20k aren’t all that amazing, and we don’t know what the offer will be after the 16th. Even now, other signup exist including having a friend refer you in which case you’ll get 40,000 points after $1,000 spend, plus your friend will get 10,000 points (just keep in mind the tax implications); or you can do the 50,000 in-flight offer after $2,000 spend.
All of this matters especially due to timing of the Southwest Companion Pass. The timing right now is actually quite good: if you signup now, your second statement will likely close sometime in mid-December; you’ll want to complete the spend requirement during the third statement which will close in January. The points will credit in 2020 and count toward the next Companion Pass; if you complete the 110,000 points requirement in early 2020, you’ll land up with nearly two years worth of Companion Pass as the pass will be valid the remainder of 2020 and the entire 2021. Please read Everything You Ever Wanted To Know About The Southwest Companion Pass  for complete details.