Southwest Rapid Rewards Premier Business Credit Card
| Annual fee | $149 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 |
|---|---|---|---|
| Brand purchases | 3x | points | No cap |
| Transit and rideshare | 2x | points | No cap |
| Hotels | 2x | points | No cap |
| Gas and EV charging | 2x | points | $8,000/yr |
| Restaurants | 2x | points | $8,000/yr |
| Everything else | 1x | points | No cap |
Benefits & protections
Card factsEarn 2,000 tier qualifying points (TQPs) toward Rapid Rewards A-List or A-List Preferred status for every $5,000 spent in purchases annually.
Earn one 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 passengers in the same reservation board with Group 5 for earlier access to overhead bins, for flights operating with assigned seating in 2026 and beyond.
Select a Standard or Preferred seat within 48 hours prior to departure, when available, for flights operating with assigned seating in 2026 and beyond.
Cardmember and up to 8 additional passengers in the same reservation can check their first bag free, a savings of up to $45 per bag per trip.
Covers eligible new purchases for 120 days from 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 date of purchase.
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.
Employee cards let you set individual spending limits and help you earn rewards even faster, at no additional cost.
Receive 6,000 bonus points each year after your Cardmember anniversary.
Receive a 15% promo code each year on your cardmember anniversary (excludes basic fare).