Southwest Rapid Rewards Premier Credit Card
| Annual fee | $149 Fact |
| Foreign transaction fee | None |
| Rewards currency | points |
| Est. point value | 1.25¢ Estimate |
Last updated Aug 30, 2026
Checked Aug 30, 2026
Before you apply
General Chase policies as commonly reported by applicants, not a prediction about your application.
📈 Sign-up bonus history
5-year best: 85,000 pointsView as a table
| Period | Bonus | Spend requirement |
|---|---|---|
| Aug 2021 to Jul 2022 | 40,000 points | $1,000 |
| Jul 2022 to Dec 2022 | 75,000 points | $5,000 |
| Dec 2022 to Oct 2024 | 50,000 points | $1,000 |
| Oct 2024 to Jan 2025 | 85,000 points Best | $3,000 |
| Jan 2025 to Apr 2025 | 40,000 points | $3,000 |
| Apr 2025 to May 2026 | 50,000 points | $1,000 |
| May 2026 to now | 55,000 points | $1,500 |
Historical levels reconstructed from periodic snapshots of public offer pages; short-lived offers between samples may be missing. Elevated or targeted offers are not shown.
How you earn
| Category | Rate | Currency | Cap |
|---|---|---|---|
| Brand purchases | 3x | points | No cap |
| Restaurants | 2x | points | $8,000/yr |
| Groceries | 2x | points | $8,000/yr |
| Everything else | 1x | points | No cap |
Recurring credits
Estimated value| Receive a $10 credit in the Instacart app each month with an active Instacart+ membership, for purchases of $10 or more with one retailer, from 5/1/2025 through 12/31/2027 (up to $120 annually). | $120/yr (Monthly) |
| First checked bag free for Cardmembers and up to 8 additional passengers in the same reservation, saving up to $90 round trip ($45 per bag per trip). | $90/yr (one-time/annual) |
Credit value depends on whether you use each credit; treat these as potential value.
Benefits & protections
Card facts10,000 Companion Pass qualifying points boost each calendar year.
Earn 1,500 tier qualifying points (TQPs) toward Rapid Rewards A-List status for every $5,000 spent in purchases annually.
No change fees on Southwest flight changes (fare difference may apply).
Receive $10 off each calendar quarter on one qualifying non-restaurant DoorDash order while enrolled in DashPass membership.
12 months of complimentary DashPass for use on DoorDash and Caviar when activated between 02/01/2025 and 12/31/2027; auto-renews at then-current monthly rate after the complimentary period unless canceled.
Covers eligible new purchases for 120 days from date of purchase against damage or theft, up to $500 per item.
Extends 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.
Reimbursement up to $3,000 per covered traveler for cost to repair or replace checked or carry-on baggage lost, damaged, or stolen during a covered trip.
Three months of complimentary Instacart+ membership when activated between 5/1/2025 and 12/31/2027, providing $0 delivery fees and reduced service fees; auto-renews at $99/year after unless canceled.
Rapid Rewards points earned don't expire.
Unlimited reward seats with no blackout dates or seat restrictions when booking with points.
Cardmembers and up to 8 additional passengers in the same reservation will board with Group 5, giving earlier access to overhead bins.
Receive a 15% promo code each year on your Cardmember anniversary (excludes Basic fare).
6,000 bonus points every year on your Cardmember anniversary.
Select a Preferred seat within 48 hours prior to departure, when available.
News on this card
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