Skip to content Skip to sidebar Skip to footer

Is the Southwest Rapid Rewards Performance Business Card Worth the Annual Fee?

At NerdWallet, we attempt that will help you make monetary choices with confidence. To do that, many or all of the merchandise featured listed here are from our companions. Nonetheless, this doesn’t affect our evaluations. Our opinions are our personal.

When you’re flying Southwest Airways recurrently, it’s best to take into account getting one in all its playing cards. You’ll earn extra Rapid Rewards factors on each ticket you purchase and achieve some further perks.

The Southwest Rapid Rewards® Performance Business Credit score Card has nice advantages, like 4 upgraded boardings yearly and in-flight Wi-Fi credit. The cardboard does have the next annual payment than the different Southwest bank cards, so we’ll assist you decide if this card is best for you.

» Be taught extra: Southwest Performance Business Card overview: Semi-premium perks for $199

The welcome bonus

The Southwest Rapid Rewards® Performance Business Credit score Card comes with the following welcome bonus: Earn 70,000 factors after you spend $5,000 on purchases in the first Three months your account is open.

The cardboard has an annual payment of $199, and worker playing cards might be added at no further cost.

The Southwest Companion Go

Southwest’s Companion Go is one in all the greatest advantages provided by any airline. This perk is yours when you’ve flown 100 one-way qualifying flights or earned 125,000 factors. For the the rest of the present 12 months and all of the following 12 months, your designated companion can fly with you for simply the value of taxes and charges. Factors earned from the Southwest Rapid Rewards® Performance Business Credit score Card, together with the welcome bonus, rely in the direction of the Companion Go.

When you assume you’ll earn and use the Companion Go, this card can definitely be price its payment.

Journey rewards

The Southwest Rapid Rewards® Performance Business Credit score Card comes with nice advantages that frequent enterprise vacationers will recognize. Every year, cardholders obtain 9,000 factors upon renewal of the card. That’s price about $140 in flights. Cardholders additionally obtain 4 upgraded boardings every year, a International Entry or TSA Precheck reimbursement each 4 years and 365 in-flight Wi-Fi credit of $eight every year (sure, that’s one for every single day).

The cardboard additionally earns Three factors per $1 spent with Southwest, in addition to with the airline’s lodge and rental automotive companions. You’ll earn 2 factors per $1 on social media and search engine promoting, web, cable and cellphone companies. All different purchases obtain one 1 per $1 spent.

Southwest Rapid Rewards® Performance Business Credit score Card vs. Southwest Rapid Rewards® Premier Business Credit score Card

This chart compares the options and charges of the Southwest Rapid Rewards® Performance Business Credit score Card in opposition to the Southwest Rapid Rewards® Premier Business Credit score Card, so you’ll be able to see for your self how they stack up.

When deciding between these two Southwest enterprise playing cards, you’ll need to examine the advantages you obtain in opposition to the annual charges of the card. Understand that advantages you gained’t use don’t have any actual worth, since they’ll go to waste.

» Be taught extra: Southwest Rapid Rewards program: The whole information

Who’s the Southwest Rapid Rewards® Performance Business Credit score Card for?

The Southwest Rapid Rewards® Performance Business Credit score Card is for enterprise vacationers who need to maximize the variety of factors they earn whereas lowering the value of perks.

Though the card has the next annual payment, your precedence boarding passes and Wi-Fi credit might be valued at as much as $3,120. Even should you solely use 10% of those credit, that might simply justify the greater annual payment of $199 versus $99.

Different to the Southwest Rapid Rewards® Performance Business Credit score Card

If you wish to earn factors in your flights however aren’t offered on Southwest Airways, another journey bank card to think about is the Ink Business Most well-liked℠ Credit score Card, which earns Final Rewards® that may be transferred to Southwest.

This card earns Three factors per $1 spent on journey, transport, web, cable, cellphone companies and internet marketing (on as much as $150,000 spent every year). The present welcome bonus is  as follows: Earn 80,000 bonus factors after you spend $5,000 on purchases in the first Three months from account opening. That is $1,000 towards journey whenever you redeem via Chase Final Rewards®.

Along with transferring factors to Southwest, you’ve the flexibility to make use of the factors on totally different airways, pay for different journey reservations or redeem for money again through Final Rewards®.

The cardboard has no international transaction charges and the annual payment is simply $95. Worker playing cards can be found at no extra cost.

» Be taught extra: Chase Ink Most well-liked overview: Excessive rewards for enterprise fundamentals

The underside line

The Southwest Rapid Rewards® Performance Business Credit score Card is designed for the frequent enterprise traveler. It provides enhanced incomes capabilities and journey perks that make the card worthwhile should you journey on Southwest frequently. However should you don’t fly with Southwest, there are some nice enterprise card options to think about.

The best way to maximize your rewards

You need a journey bank card that prioritizes what’s vital to you. Listed below are our picks for the greatest journey bank cards of 2020, together with these greatest for:

Planning a visit? Take a look at these articles for extra inspiration and recommendation:
Which Southwest Airways bank card ought to I get?
The best way to maximize your Southwest card welcome bonus
Discover the greatest journey bank card for you

 

Leave a comment