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Southwest Precedence bank card evaluation: Beneficial perks for Southwest flyers

Editor’s be aware: This put up has been up to date with the newest bank card info.


Southwest Fast Rewards Precedence Credit score Card Overview

The Southwest Fast Rewards Precedence Credit score Card is probably the most rewarding of Southwest’s private bank cards, with a $75 annual Southwest credit score and seven,500 anniversary bonus factors. Card Ranking*: ⭐⭐⭐½

*Card Ranking relies on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

Southwest has made a reputation for itself with its customer-friendly journey insurance policies and popularity of going above and past for passengers. In contrast to different airways, it doesn’t supply lounges, any kind of premium cabin and even seating with further legroom. Nevertheless it does supply a full suite of cobranded bank cards to assist frequent flyers fulfill their Southwest journey objectives.

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The Southwest Fast Rewards Precedence Credit score Card is probably the most premium private bank card within the Southwest lineup. It provides a whole lot of {dollars} in worth with Southwest every year, plus a brand new sign-up bonus of 75,000 factors after you spend $5,000 on purchases within the first three months of account opening.

However are its advantages priceless sufficient to warrant the $149 annual payment? Let’s discover out.

In This Submit

 

Who is that this card for?

(Photograph by Owen CL/Unsplash)

The Southwest Precedence Card is the highest-earning (and most costly) shopper Southwest card. It’s finest suited for individuals who are loyal to Southwest and fly with the airline often.

All Southwest playing cards are topic to Chase’s 5/24 rule. This implies should you’ve opened greater than 5 bank cards up to now 24 months (from all banks, not simply Chase), you might not be authorised. Additionally, you may’t open a brand new private Southwest card should you presently have one open or should you earned a sign-up bonus up to now 24 months on any private Southwest card.

Present Signal-up bonus

The Southwest Fast Rewards Precedence Credit score Card is presently providing 75,000 factors after you spend $5,000 on purchases within the first three months of account opening. TPG values Fast Rewards factors at 1.5 cents every, that means 75,000 factors are price as much as $1,125.

Associated: Southwest Airways provides extra Hawaii routes

Fundamental advantages and perks

Even informal Southwest flyers shouldn’t have any hassle utilizing the next card perks to offset the cardboard’s $149 annual payment:

  • 7,500-point anniversary bonus: Every year in your card-opening anniversary, you’ll obtain 7,500 Fast Rewards factors, price about $112, primarily based on TPG’s valuations.
  • $75 annual Southwest journey credit score: Throughout every cardmember 12 months, you’ll obtain a $75 journey credit score that can be utilized on most Southwest purchases, together with tickets (however excluding upgraded boardings and inflight purchases), dropping the cardboard’s precise price to $74.
  • 4 upgraded boardings per 12 months: Use your card on the ticket counter or gate to pay for A1-A15 boarding spots and also you’ll be reimbursed the price as much as 4 occasions per 12 months. Ordinarily, upgraded boarding prices between $30 and $50 per round-trip improve, relying on the itinerary, so this perk may be price as much as $200 per 12 months.
  • 25% inflight financial savings: Obtain 25% again within the type of a press release credit score after you utilize your card to buy inflight drinks, Wi-Fi, messaging and flicks.
  • Tier qualifying factors increase: Earn 1,500 TQPs that rely towards A-Checklist and A-Checklist Most well-liked standing for every $10,000 you spend in a calendar 12 months.

Along with the Southwest-specific advantages, the cardboard comes with misplaced baggage reimbursement, baggage delay insurance coverage, prolonged guarantee protection and buy safety. The cardboard has no international transaction charges, so you can also make purchases abroad with out accumulating further prices.

And whereas this isn’t a card profit, don’t overlook that each one Southwest flyers don’t pay change or cancellation charges, get two free checked baggage and have entry to the easy-to-use Fast Rewards program. These insurance policies alone are sufficient to persuade many to take a position their rewards earnings with Southwest.

Incomes and redeeming

Right here’s what you’ll earn with the Southwest Precedence Card:

  • 3 factors per greenback on Southwest purchases.
  • 2 factors per greenback spent with Fast Rewards resort and automobile rental companions.
  • 2 factors per greenback on native transit and commuting, together with rideshare.
  • 2 factors per greenback on web, cable, cellphone providers, and choose streaming.
  • 1 level per greenback on all different purchases.
Southwest Airlines Boeing 737 MAX
(Photograph by Max Prosperi)

Redeeming factors with the Southwest Fast Rewards Precedence Credit score Card may be very easy. Southwest award costs are straight tied to the money worth of the ticket. In different phrases, factors keep a reasonably fixed worth and it is best to by no means have a tough time redeeming them. Plus, in case your plans change, you may redeposit your award with out penalty.

Some factors and miles fanatics keep as far-off from a majority of these rewards currencies as doable, however they will typically present considerably larger worth than conventional airline miles. For example, you may fly from Los Angeles (LAX) to Chicago (MDW) for simply 5,743 factors one-way, relying on the time of 12 months. In the meantime, American Airways and United typically cost 10,000 miles or much more (assuming you’ll find saver-award availability).

Southwest Points Flight Screenshot

(Screenshot courtesy of Southwest Airways)

When you ebook throughout one in all Southwest’s flash gross sales, you could possibly rating awards for lower than 1,500 factors one-way. You possibly can even fly to enjoyable faraway locations like Hawaii, Costa Rica, and Mexico.

How does the Southwest Precedence examine with different Southwest private playing cards?

Southwest Airways presently provides three private playing cards. Each the Precedence and Premier playing cards supply the identical enroll bonus because the Precedence, so it may be troublesome to decide on the proper card to your pockets.

Let’s check out the incomes charges, perks, and annual charges throughout all three private Southwest bank cards:

Card characteristic Southwest Fast Rewards Plus Credit score Card Southwest Fast Rewards Premier Credit score Card Southwest Fast Rewards Precedence Credit score Card
Annual payment $69. $99. $149.
Signal-up bonus
75,000 factors after you spend $5,000 on purchases within the first three months of account opening. 75,000 factors after you spend $5,000 on purchases within the first three months of account opening. 75,000 factors after you spend $5,000 on purchases within the first three months of account opening.
Anniversary factors bonus 3,000 Fast Rewards factors. 6,000 Fast Rewards factors. 7,500 Fast Rewards factors.
Incomes charges
  • 2 factors per greenback on Southwest purchases.
  • 2 factors per greenback spent with Fast Rewards resort and automobile rental companions.
  • 2 factors per greenback on native transit and commuting, together with rideshare.
  • 2 factors per greenback on web, cable, cellphone providers, and choose streaming.
  • 1 level per greenback on all different purchases.

 

  • 3 factors per greenback on Southwest purchases.
  • 2 factors per greenback spent with Fast Rewards resort and automobile rental companions.
  • 2 factors per greenback on native transit and commuting, together with rideshare.
  • 2 factors per greenback on web, cable, cellphone providers, and choose streaming.
  • 1 level per greenback on all different purchases.
  • 3 factors per greenback on Southwest purchases.
  • 2 factors per greenback spent with Fast Rewards resort and automobile rental companions.
  • 2 factors per greenback on native transit and commuting, together with rideshare.
  • 2 factors per greenback on web, cable, cellphone providers, and choose streaming.
  • 1 level per greenback on all different purchases.
Different perks 25% again on inflight drinks and Wi-Fi. 25% again on inflight drinks and Wi-Fi. $75 annual Southwest journey credit score.

4 upgraded boardings per 12 months (when obtainable).

25% again on inflight drinks and Wi-Fi.

Tier qualifying factors N/A. Earn 1,500 TQPs for every $10,000 spent in a calendar 12 months (with no limits). Earn 1,500 TQPs for every $10,000 spent in a calendar 12 months (with no limits).
Upgraded boardings (when obtainable) N/A. N/A. 4 per 12 months.
Early Hen Verify-In 2 per 12 months. 2 per 12 months. N/A.
Overseas transaction payment 3%. None. None.

The Southwest Precedence Card Credit score Card is the apparent alternative for anybody who flies Southwest two or extra occasions a 12 months. The $75 journey credit score successfully drops the cardboard’s annual payment to $74. Consider its 7,500-point anniversary bonus, price $112.50 in line with TPG’s newest valuations, and also you’ll truly come out $38.50 forward simply by having the cardboard. That is earlier than even contemplating the cardboard’s different perks.

Nonetheless, the Southwest Precedence card doesn’t simply compete with different Southwest playing cards. It can also go face to face with extra common journey playing cards — which can even supply a direct pathway to incomes Fast Rewards factors.

Two playing cards that successfully earn Southwest factors are the Chase Sapphire Most well-liked Card and Chase Sapphire Reserve. Southwest is a 1:1 switch companion of Chase Final Rewards, so you may simply switch your factors earned with both of those playing cards to the airline. The Sapphire Most well-liked has a $95 annual payment and earns:

  • 5 factors per greenback on journey booked by the Chase Journey Portal.
  • 5 factors per greenback on Lyft (by March 2025).
  • 3 factors per greenback on eating, choose streaming providers, and on-line groceries (excludes Goal, Walmart, and wholesale golf equipment).
  • 2 factors per greenback on all journey not booked by the Chase Journey Portal.
  • 1 level per greenback on every part else.

It additionally provides priceless journey advantages, together with major automobile rental protection and journey delay safety.

Associated: Chase Sapphire Most well-liked card evaluation

In the meantime, the Sapphire Reserve provides 3 factors per greenback on all journey and eating purchases plus most of the identical journey protections because the Sapphire Most well-liked. As well as, you’ll get pleasure from a $300 annual journey credit score together with Precedence Go lounge entry. Nonetheless, it does include a notably increased annual payment of $550.

When you worth the flexibleness of a transferable factors program like Chase Final Rewards (however nonetheless need the selection to transform your earnings to Southwest factors), then one in all these playing cards could also be your finest guess.

In any other case, should you’re after Southwest-specific perks while you journey, the Southwest Precedence card may make lots of sense.

Backside line

When you fly Southwest at the least just a few occasions every year, you’re certain to return out forward with the Southwest Precedence Credit score Card. The cardboard’s on a regular basis incomes charges go away one thing to be desired, however spectacular built-in perks like a $75 annual journey credit score and seven,500-point anniversary bonus simply make up for it.

Apply right here for the Southwest Fast Rewards Precedence Credit score Card.

Extra reporting by Ryan Wilcox, Benét J. Wilson, Jennifer Yellin, Joseph Hostetler and Christina Ly.

Featured photograph by Angel DiBilio/Shutterstock.

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