Posted by Chuck on February 11, 2020
Credit Cards

Published on February 11th, 2020 | by Chuck

55

Southwest Business Performance 100,000 Points Bonus with $25,000 Spend (Companion Pass With Single Credit Card Signup)

Update 2/11/20: Chase is matching to this offer as long as you applied within the last 90-120 days.

The Offer

Direct Link to offer

Chase increased the public offer on the Southwest Business Performance card:

  • Earn 70,000 points after you spend $5,000 on purchases within 3 months of account opening.
  • Earn an additional 30,000 points after you spend an additional $20,000 on purchases within the first 6 months of account opening.

Card Details

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

Our Verdict

The base offer here is the same as the previous offer, but now they added the additional tier to get an extra 30,000 points with $20,000 additional spend. You’re getting a bonus 1.5x on the final $20,000 in spend for a total of 30,000 points (on top of regular credit card earn).

It’s not amazing, especially if you’re giving up a referral bonus (e.g. from a spouse), but the numbers work out perfectly for the Companion Pass 125,000 points requirement making it overall a really nice deal. It especially makes sense especially for someone who anyway finds Southwest points worth earning at 1x, or for someone who can make use of the 2x or 3x categories offered on the card.

The referral and public offer is still 70k points on $5k spend, it’s not known if they’ll change the referral offer to match this one. If you did signup up with the referral or web offer, you should be able to get it matched with this public 100k offer. Check out these other Things to Know about Chase as well.

The three personal Southwest cards are also at an increased bonus of 75,000 points with $5,000 spend in 6 months. The Business Premier version is still holding at the regular 60,000 points bonus on $3,000 spend. 

READ:

Hat tip to Cow_Boy_Roy



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G
G

Tempting

john
john

does chase 5/24 rule apply for this? also when will this offer expire?

CaptainOblivious
CaptainOblivious

When applying with Chase, 5/24 applies to nearly all of their cards now, unless you’re targeted, but even then there are caveats (the terms must include fixed interest rate). And although Chase should not count AU and business cards in the 5/24 tally, you’ll likely have to call recon if over on that basis.

Nearly all offers expire. This is a decent offer. If you’re under 5/24 and fly SWA, go for it!

Brian C 🐕

CaptainOblivious My understanding is chase ALWAYS includes AU cards, they don’t distinguish, and yes, you can call to get it removed, but it is ALWAYS a must.

and that they NEVER consider their own chase business cards in the 5/24 tally, so you do NOT need to call about them.

Where do you see indication otherwise?

CaptainOblivious
CaptainOblivious

Brian C 🐕, nice doggie in your profile! Good clarification. A call to recon is likely necessary with non-Chase business cards within 24 months. They included my Spark card. Ultimately approved.

VL
VL

Capital One (as well as Discover, just FYI) report business cards to the personal credit report and that is why Chase counted it. Everything on report counts towards 5/24, anything NOT on the report (including Chase’s own biz cards) does not.

So, you are saying that despite having the Capital One on your report and it being (I assume) a 5th card you were able to call Chase and make them to not count it? If that is the case it is a great info!!!!
I was avoiding CapOne biz cards for that reason.

Also, if you are an AU on somebody’s card you may ask the main user to close your AU card, and then contact the bank yourself and ask to remove that card from your report. Have done it with Chase. Takes 60 days. Amex is not that friendly. If the card is from a spouse account they just decline to remove it… if the card is on a stranger’s account they may agree.

Thanks for the DP.

CaptainOblivious
CaptainOblivious

Sorry, took me a while to get back to this. I think it’s really a YMMV situation. If recall correctly, during the recon call I had to review which accounts were primary vs. AU vs. biz. Maybe I got lucky. Maybe it’s the norm. I honestly have no idea. Thankfully have only had to recon a couple times over the year. And if all that fails, HUCA?

Bruce
Bruce

What kind of credit limit usually comes with these? Are they on the low end like CIP with “businesses”?

jeph36
jeph36

I have no broad data, but here is 1 DP. I applied Oct 2019 for the 80K for $5K spend SUB and Chase gave me a $5K CL on the new card. I had 3 other Chase business cards with total CL of $28K and 5 Chase personal cards with total CL of $51.5K. So I would call my initial CL on the new card on the low end, but it was easy to shuffle it around between cards to a good balance for me.

MickeyMouse
MickeyMouse

I got a 12k CL with this card.

Dr Frog
Dr Frog

Don’t know what you mean by “low credit limit” with a “business”. Chase just gave my P2 a $28k credit limit on a “business.” Maybe you need to step up your “business” game.

Kevin
Kevin

I thought you needed 125,000 points now to get CP.

Kevin
Kevin

Nevermind I see it in the post that you mentioned it.

G
G

Correct. 100k in bonuses plus 25k (at least) on the actual spend = 125k for Companion Pass

FlyerDad
FlyerDad

It is 125,000. You would get 70,000 welcome bonus, plus 30,000 spend bonus, plus 25,000 points for the $25,000 spend.

Kevin
Kevin

Yes, I missed that part!

G
G

Is it possible to apply for 2 different SW business cards, get SUB on both and get the companion pass that way? I read an article on TPG that said it was but I’m not sure if it’s still the case.

VL
VL

Yes, seems like those cards do not disqualify you for the bonus, if the bonus have received on another one. I have done it, but…. to be safer applied for 2 different businesses. If you have a real one, you can do one card as a Sole Prop. Again, nothing states that this approach is required for 2 bonuses, it is juts playing safe on my part.

Redacted
Redacted

I had Biz Premier + Personal Plus 2 years ago for my 2018-19 CP, canceled them both in Oct 2019, applied for this (Biz Performance) Oct 2019, got approved, and then just applied for a new Biz Premier Feb 2 and was approved after several days. All three business apps were with my sole prop “business” using my personal SSN – not sure if it helps that I have a Chase Business checking account.

Ozy
Ozy

Stop reading TPG. It’s a glorified marketing site and does not provide the best information for consumers.

MickeyMouse
MickeyMouse

So sad I got this card back in October because it was the last week to get the 80k.

Spent 45k on it to get CP. Wish I had known this offer was coming for the extra 20k points.

Steve
Steve

DM them and ask to match. Maybe too late, but you might as well try.

VL
VL

Could have gotten 2 biz cards instead for 8K combined spend (but $100 extra in fees). At least look at it from a bright side… if you are able to generate that kind of spend, the sky is a limit for you 🙂 Especially that many cards now introduce the tiered bonus structure with quite high spend required for the tier 2.

Good luck!

Aloha808
Aloha808

They say 120 days… might not hurt to try for a match

Joe
Joe

Wonder if Chase would match this offer for those who signed up a few months ago?

MickeyMouse
MickeyMouse

Possible if they haven’t yet bet SUB.

BudFlorida
BudFlorida

I opened my Performance Business card on 1/19/20 with the standard 70K offer. Called today about a match and request turned into an “escalation” and requires 7-10 business days for an answer.

Amber Barger
Amber Barger

I have seen reports of it working! Just requested it myself for the business card.

Amber Barger
Amber Barger

Updated, they credited me 30k points with no hassle.

Matt
Matt

So if you already have this card under one business, can you get the bonus again using a different business entity and EIN/TIN? Or would you not be eligible since it’s the same principal person?

Kimomo
Kimomo

Yes you can, Chase allow multiple EIN even the owner is the same SSN. Like I have 3 CIP. The only thing is total credit line they are willing to give you under 1 SSN.

YoniPDX

How far back will Chase match – signed up for 80K offer last Oct. – I know wishful thinking. – But may apply for P#2 for a 2nd CP and the miles – if things don’t change to much in next two years – can rinse and repeat the bonuses for next CP.

jeph36
jeph36

Assuming 120 days back, I could technically match to the new offer (I think I applied Oct 18, I would have to double-check). But I am not going to get an additional $20K spend in 2.x months, so it is a moot point and I would not want them to “downgrade” my 80K bonus points to this one’s 70K points. My bonus points have yet to post, most of my $5K spend just posted as a payment a few days ago. I have no immediate need for them, but if they do not show soon I will complain.

YoniPDX

Applied for Performance 10.14.2019 meet $5k MSR before 1.14.2020 . SUB posted last week.

Asking for them to match is a moot point for me now, as I app’d SW Biz premier last week. I didn’t think they would actually match – so moved forward with app.

Lord Rupert Everton
Lord Rupert Everton

I was approved about the same time as you and I was able to match through sm. The way they worded it in their reply was that since I already received 80k then they would add 20k more points after I reached the additional spending bonus. So it does not sound like they are removing any points from the original sub, just making up the difference if you go for the additional spending bonus.

Abey
Abey

Unfortunately if you live in the NY area Southwest has become hard to use as they only fly from hassle LGA (which is under renovations for the forceable future) and most (or all) of their flights from have layovers in random STL. (Delta AA United JetBlue fly from JFK/EWR nonstop wherever Southwest fly from LGA with a layover).

LarryInNYC
LarryInNYC

I have no trouble using Southwest from LGA. I live about 15-20 minutes from the airport and have a lot of travel to Chicago (for which WN has direct flights) and ABQ (for which no one has direct flights, except Jet Blue, with a 3.5 hour red eye on the return). Yeah, I’ve had a couple of lousy days getting through construction but most of the time it’s hassle free, and the construction won’t last forever.

Bayleyrx
Bayleyrx

We just flew into LGA with Southwest. They are in the brand new section of terminal B. The ride in and out of the airport wasn’t bad at all.

MickeyMouse
MickeyMouse

I have a SW flight to LGA next week there’s a stopover in Chicago which is typical (MDW stop to go to LGA otherwise DEN stopover going to LAX).

Jack
Jack

Would this only give a CP for 2020 or will it qualify for 2021 too?

JBTx
JBTx

Matched to Higher Offer! So send your Secure Messages (can’t hurt even if you end up not meeting the spend). Here’s the DP:
Business Account Opened: Late Oct.
Spend Met: Early January
Bonus Posted: Late Jan.
Sent the e-mail as soon as this Article was posted (so 2 days) and just got approval to the match today.

Here’s a script if it is helpful:
Dear JP Morgan Rep:

I recently signed up for the SW Business Card and I see that you just increased the signup bonus for the Card – with a higher spend requirement (100,000 points for $25,000 in spend within 6 mos).  Can you please reach out to a Supervisor and ask for approval to match me to this higher offer.  I understand I will need to meet the additional spend of course.

Sincerely,
[YOUR NAME HERE]

p.s. PSA – sign the correct name! I once sent a secure message for & from another family member’s account that I help manage (different issue, not this) and signed MY name instead of theirs. Imagine the confusion that ensued with Chase Secure Message, politely saying they have no idea who I am, can the account holder please write instead.

Larry
Larry

My brother and I got matched too last night. He met the $25K already and will get the extra points. I haven’t met the $25K yet, but the SM response said to reply back to the SM when I’ve met it and they will post the extra points. It will take me another few weeks since I don’t want to cycle my CL and am not in a major hurry for the CP.

Thanks for trying and posting, I thought it was too late. Never too late to ask!

Al
Al

I also got matched to the higher offer. Sent an SM on Friday and was matched on Saturday night. I was approved on 12/6. I had even applied through a referral. It was my plan to get a CP with one sign up bonus so I had already completed the extra spend. They said my extra 30k will be posted with my next statement close. So I managed to get a CP with one card for 23 months. So glad I asked for the match.

escot
escot

“perfectly?” Well, bravo to those who can spend $25k in short order, say on an actual business…. or will some of us hazard doing this via 20+ of the 1k cards at Simon? bit beyond my m/s comfort zone….)

PS: I had a southwest companion pass last time around — and we barely used it. (think Hawaii and Boeing chaos) To each his own. Yet if we ever go for it again, would prefer the ole’ one-two card strategy at year’s end, so as to get the near full two year companion pass benefit. Oddly enough, thanks in part to SWA, we’ve seen most of the US and the Caribbean….. time to see more of the rest of the world, all the places where SWA doesn’t go.

Jason
Jason

I mean, it’s a business card, so….

fcuk chase
fcuk chase

fcuk chase/southwest

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