Southwest Rapid Rewards Performance Business Credit Card
| Annual fee | $299 Fact |
| Foreign transaction fee | None |
| Rewards currency | points |
| Est. point value | 1.25¢ Estimate |
Last updated Jul 26, 2026
Checked Jul 26, 2026
Before you apply
General Chase policies as commonly reported by applicants, not a prediction about your application.
How you earn
| Category | Rate | Currency | Cap |
|---|---|---|---|
| Flights | 4x | points | No cap |
| Other | 2x | points | No cap |
| Transit and rideshare | 2x | points | No cap |
| Restaurants | 2x | points | No cap |
| Gas and EV charging | 2x | points | No cap |
| Hotels | 2x | points | No cap |
| Everything else | 1x | points | No cap |
Recurring credits
Estimated value| Receive one statement credit of up to $120 every four years as reimbursement for the application fee for Global Entry, TSA PreCheck, or NEXUS. | $30/yr (one-time/annual) |
Credit value depends on whether you use each credit; treat these as potential value.
Benefits & protections
Card factsEarn 2,500 tier qualifying points (TQPs) toward Southwest Rapid Rewards A-List status for every $5,000 spent in purchases annually.
Unlimited upgrades to an Extra Legroom seat within 48 hours prior to departure, at no additional charge, when available, for flights operating with assigned seating in 2026 and beyond.
No blackout dates and unlimited reward seats apply to flights booked with points to more than 100 destinations.
Receive a boost of 10,000 Companion Pass qualifying points each calendar year, deposited by January 31st or up to 30 days after account opening.
Cardmembers and up to 8 additional passengers in the same reservation can check their first bag at no additional cost, a savings of up to $360 roundtrip for a group of 4.
Complimentary Preferred seat selection at booking, when available, for flights operating with assigned seating in 2026 and beyond.
Covers eligible new purchases for 120 days from the date of purchase against damage or theft up to $10,000 per item.
Extends the manufacturer's U.S. warranty by an additional year on eligible warranties of three years or less, up to four years from purchase date.
Reimburses up to $100 a day for up to 3 days for essential purchases when baggage is delayed over 6 hours.
Provides reimbursement up to $3,000 per covered traveler for the cost to repair or replace checked or carry-on baggage that is lost, damaged, or stolen during a covered trip.
Earn 20,000 bonus points for each friend or business owner that gets approved for any Southwest Rapid Rewards Credit Card, up to 100,000 bonus points per year.
Employee cards are available at no additional cost and earn points on employee spending, with individual spending limits available.
Receive 9,000 bonus points each year after your Cardmember anniversary.
Cardmembers and up to 8 passengers in the same reservation will board with Group 5, giving earlier access to overhead bins.