Update 08/21/18: Reposting as the Chase Southwest Priority tour states the offer is available through August 22nd, so it might expire on the 23rd.
Update: Application link is actually live. Signup bonus will be available at least through August 22nd.
Earlier this year we shared a rumor about a new Chase Southwest Premium card. Readers have been eagerly asking for updates and thanks to reader Sheldon we now have more information. This card was seen in the wild during a Southwest flight, it looks like it went live early as the application link just goes to a standard Chase Southwest page.
Contents
Card Basics
- $149 annual fee, not waived first year
- Sign up bonus (obviously subject to change). Up to 65,000 points:
- 40,000 points after you spend $1,000 within the first three months
- An additional 25,000 points after you spend a total of $15,000 within your first year of account opening
- $75 Southwest annual travel credit
- Four upgrade boardings per year when available
- 20% back on in-flight drinks, WiFi, messaging and movies
- No foreign transaction fees
- 7,500 anniversary points each year
- Earn tier qualifying points towards A-list status
- Card earns at the following rates:
- 2x Southwest points per $1 spent on Southwest and Rapid Rewards hotel and car rental partner purchases
- 1x Southwest points per $1 spent on all other purchases
- The product is not available to either (i) current Cardmembers of any Southwest Rapids Rewards® Credit Card, or (ii) previous Cardmembers of any Southwest Rapid Rewards Credit Card who received a new Cardmember bonus within the last 24 months. This does not apply to Cardmembers of the Southwest Rapid Rewards Business Card and Employee Credit Card products.
Our Verdict
I was hoping the sign up bonus would be big enough to make getting the companion pass easier to get just with credit cards. It’s big enough, but it’s not really easier with the massive $15,000 in spend required for the second 25,000 in points. Additionally you’re not eligible for the card if you’re a current cardholder of any of the other personal cards or have received a bonus on those in the last 24 months. You’d still be able to get this card and the business Southwest to get enough points for the companion pass. Given that the card comes with a $75 Southwest travel credit and 7,500 Southwest points each year (worth $96 towards Southwest flights) it’s not difficult to justify the annual fee and keep the card long term if you do fly Southwest. The other benefits aren’t amazing but the upgraded boardings and in flight discounts will be useful to regular Southwest fliers. What are your initial impressions on this new card?
Also, we don’t know if Chase 5/24 rule applies to this card. But it does apply to all the other Chase Southwest cards so I suspect it does.
