New Card Review: Chase Southwest Performance Business Card with 70,000 Points Signup Bonus and $199 Annual Fee

Update: Bonus is down to 70,000 now.

Update 10/17/19: This link is still showing the 80k bonus.  I’d recommend signing up now if you’re at all interested in this offer. Might be a good idea given the companion pass will cost 125,000 points.

Update 8/10/19: See this post 4 Southwest Credit Card Bonuses Slated To End on October 16th.

Update 8/19/19: Just a quick update: this signup offer should be around until 10/16/19, as per a Facebook ad which is showing. See image here (hat tip to reader Alex). A lot of people were interested in knowing if this would be around near the end of the year for Companion Pass timing purposes. Given the 10/16/19 end-date showing, that should work perfectly. Just make sure the signup bonus points don’t post until January so that it’ll count toward the 2020-2021 Pass.

Chase Southwest Performance Business Card

Direct Signup Link   | Press Release

As rumored, Chase has launched a new Southwest business card, a premium version of the Southwest Premier business card. The new card has a highest-ever signup bonus for a Southwest card:

  • Earn 80,000 Southwest Rapid Rewards points when you get approved for the Chase Southwest Performance business credit card and spend $5,000 within 3 months.

This new Cardmember bonus offer is not available to either (i) current Cardmembers of this business credit card, or (ii) previous Cardmembers of this business credit card who received a new Cardmember bonus for this business credit card within the last 24 months.

Card Basics

Card earns at the following rates:

  • 3x Southwest points per $1 spent on Southwest and Rapid Rewards hotel and car rental partner purchases
  • 2x Southwest points per $1 spent on purchases in the following rewards categories: social media and search engine advertising; internet, cable, and phone services
  • 1x Southwest points per $1 spent on all other purchases

Other Details:

  • $199 annual fee (not waived first year)
  • Four upgrade boardings per year when available
    • Every anniversary year you will be reimbursed for the purchase of 4 upgraded boardings. Upgraded boardings are positions A1-A15. These can be purchased on the day of travel only at either the departure gate or ticket counter and aren’t always available. Price of these upgraded boardings varies based on the itinerary, I think it’s usually $30-$40.
    • The benefits of being in this boarding position is you may be able to get an exit row seat (and at worst you’ll get another seat you want) and you can find overhead bin space.
    • Anniversary year is defined as ‘the year beginning with your account open date through the first statement date after your account open date anniversary, and the 12 monthly billing cycles after that each year.’
  • Up to $100 Global Entry or TSA PreCheck Fee Credit
  • No foreign transaction fees
  • 9,000 anniversary points each year
  • Inflight WiFi Credits, up to a total of 365 $8 credits per year for all WiFi transactions on the overall business card account
  • Earn tier qualifying points towards A-list status
  • Points earned count towards Companion Pass
  • Employee cards at no additional cost
  • 5/24 does apply to this card

F.A.Q’s

Is the Chase Southwest Premier business card still available?

Yes. From the press release, it sounds like that card is here to stay.

If I have the Chase Southwest Premier business card, can I get the bonus?

The 24 month limitation states:

“This new Cardmember bonus offer is not available to either (i) current Cardmembers of this business credit card, or (ii) previous Cardmembers of this business credit card who received a new Cardmember bonus for this business credit card within the last 24 months.

The language of the terms indicates that it does not combine with the other Southwest business card. So if you got the bonus on the business Premier card, you should still be eligible to signup for this one. That’s different than the rule on the Southwest personal cards where the 24 months is combined across all Southwest personal cards. 

Can you product change to this product?

It should be possible to upgrade from the Premier to the Performance product. Let us know if you try. In the past, they even sometimes offered bonuses to upgrade to a premium product.

If you are under 5/24, you might do better applying for the new card separately to get another bonus.

Does the Chase 5/24 rule apply to this card?

The Chase 5/24 rule has applied to all other Southwest cards for some time. All indications so far are pointing that it applies to this one too.

When does the sign up bonus end?

No end date is showing, currently, but I’d guess the 80,000 bonus is a temporary thing for a few months or whatever as an initial rollout promotion, and eventually it’ll go down to 60,000. That’s my guess.

Is the card metal?

No idea. I’m guessing no since it’s not advertised as such but metal credit cards are so common these days it’s hard to know for sure.

Our Verdict

The 80,000 points bonus is terrific, after meeting the minimum spend you’ll have between 85k-95k points toward your Companion Pass requirement. It does have a hefty $199 annual fee, but that’s in a large way offset on an annual basis by the 9,000 points annual bonus. There are lots of other benefits too, like the $8 wifi credit; for someone who flies Southwest roundtrip once per month, that can easily be worth $200+ per year. And the four upgrades has value too.

Obviously, many of us won’t be eligible for this card due to 5/24, but if you are eligible this is a really great deal, especially for Southwest flyers. Will be adding this to the list of the best credit card bonuses.

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Leon
Leon

Not sure if this is new but got an email yesterday stating that you can now refer friends to the sw perfomance card.

JRich
JRich

Sadly, it appears the 80k bonus link stopped working (on the day I was trying to sign up).

MickeyMouse
MickeyMouse

Applied 10/07, they requested EIN verification which was faxed several times but came out unclear, went into branch to have it uploaded which was still unclear, tried a different store to fax from and came out clear. Then went to 30 days message on 10/23 and finally logged in online tonight (this morning it showed nothing) to see a new card showing up!

Definitely happy to see an approval, but I’m upset that it took so long and more than that upset that at pretty much the last minute SW changed the rules for the Companion Pass.

Are people just getting this Biz Card (or any SW Biz Card) and a personal card or what are people doing to get the Companion Pass?

Because if you only did it through this card and assuming you got the 80k Offer that’s still another 40k spend AFTER meeting MSR.

Jonathan
Jonathan

I just got the card today. I am planning on referring four friends or co-workers in January and boom 85k+40k (10k each referral for the priority card) and an extra two years of companion pass!

Jack
Jack

If you get the performance biz card (80k) and a personal card (40/50k), you will have 120/130k. Add min spend on the cards too, you should have more than enough to hit the 125 min for CP.

MickeyMouse
MickeyMouse

And you can do that still no issues?

nikdro
nikdro

80k offer link appears to be dead, anyone got one that still works?

VL
VL

Applied 10/15, called today 10/27 just to check on the app status, and was told I was approved few days ago. The card should arrive in 2-3 days.

I have been hitting biz cards only for more than a year to get under 5/24. Now P2 is hitting personal ones…

It has been consistent with my Chase Biz applications experience (between me and several of my friends) over the last year. It takes at least a week or longer for them to look at it, and in most of the cases ends up with auto approval, but just need to be patient. Obviously good credit and under 5/24 is a must for Chase.

Good luck.

MickeyMouse
MickeyMouse

Can you post when you receive the card? Wondering on timeline because a lot of people say Customer Service says it’ll be there in 2-3 days from approval and I have a trip coming up in a week would like to use the Wi-Fi credits and perks.

VL
VL

I got the card yesterday – Monday 10/28. You can SM or call Chase and ask them to rush it. I would not hold my breath, cause this is an affiliate card. Chase is actually very good with rushing their own cards, but with affiliates it takes longer to establish a connection with a loyalty account. At least with United or Marriott they were not able to rush. Did not try with SW, but if you have trip coming up worth asking. If they can they will. Even if a card is already in a mail stream, they will send you a copy of it rushed (if they can).

Good luck.

MickeyMouse
MickeyMouse

Thanks for the response! I asked before with Hyatt and they said they don’t rush affiliate cards if it’s a new account, replacement sure but not new accounts. Which is why I wanted to see your timeline.

Thanks again

Nirc
Nirc

Anyone have a screenshot of the 80k offer I can send to Chase? TIA

d
d

this page has it

Ivan
Ivan

Applied 10/20, got the “we’ll let you know our decision as soon as possible” message and email. It’s been 3 full business days, haven’t heard anything. Should I call?

Ivan
Ivan

UPDATE: decided to call the application status auto line today, got the “you’ve been approved” message! Heck yeah brother

Ping
Ping

what’s the number you called?

VL
VL

There is a dedicated post on this site for all application status checks. Use the number referenced there. Good luck.

MickeyMouse
MickeyMouse

Still waiting to hear back on my app from over 2 weeks ago. They asked for EIN verification so I faxed it twice from OD. I felt like it might come out unclear on their end so they said to go to a branch to have it uploaded to my Chase profile. Well the first branch I went to was new and rather than upload it to the profile the banker faxed it and it came out unclear.

After this got a notice “We are unable to process your application”.

So went into a branch and thoroughly explained I wanted it uploaded to my profile not faxed. Banker did that in about 10 minutes. Called two days later and they said they don’t see anything uploaded to my profile. This is getting to be really crazy. And I don’t understand what is going on.

Wcorp
Wcorp

anyone have a working link?

Arley
Arley

Link DEAD. Sigh…I had been thinking over the weekend on whether applying using the link provided here and just was about to apply now and link shows offer unavailable. 🙁

Andrew D
Andrew D

I think there are still 80k links floating around. I wouldn’t give up just because the link in this page says 70k.

Arley
Arley

I will hold on for a while and see if a new 80k link pops up. The link provided here still says 80k, but when you click on to apply it will say the offer is unavailable.

Wcorp
Wcorp

Please post back if you find a new link