Right here’s the present provide and eligible playing cards you may join to earn it:
Earn as much as 75,000 factors. Earn 40,000 factors after you spend $1,000 on purchases within the first three months your account is open. Plus, earn 35,000 factors after you spend $5,000 on purchases within the first 6 months your account is open.
Once more, that is almost double the traditional introductory provide on these playing cards.
NerdWallet values Southwest factors at 1.four every. When you fulfill the spending necessities and earn this bonus in full, meaning you’d have round $1,050 in worth out of your introductory provide alone — to not point out the extra factors you accrued from spending to get there.
Who ought to get this provide?
Based mostly on the worth this provide presents and what you’ll have to spend to get there, we expect vacationers who fall in these classes ought to contemplate making use of earlier than the Feb. 10 cutoff:
You reside the place Southwest flies
Southwest connects 102 locations throughout the USA and 10 different nations. In case your most popular airport is served steadily by Southwest Airways, these playing cards is usually a welcome boost to your pockets.
These are the highest 10 cities served by Southwest Airways (in descending order primarily based on each day Southwest departures):
You simply spend ~$850 or extra on a bank card month-to-month
To succeed in the $5,000 spending threshold, you could spend at the least $833 month-to-month, on common, over the primary six months along with your new bank card. When you’re up for the problem or can simply exceed this quantity, this might be a great introductory provide to leap on.
You need the Southwest Companion Cross
When you earn it, this introductory bonus will get you over midway to the necessities for incomes the Southwest Companion Cross: 125,000 qualifying factors or 100 one-way flights. This head begin means you could earn solely 50,000 further factors in a calendar 12 months to get pleasure from touring along with your designated companion for simply the price of taxes and charges.
Remember that the Companion Cross is legitimate for the remainder of the calendar 12 months wherein you earn it plus all the subsequent 12 months. When you’re going to earn it, we suggest that you simply accomplish that in the beginning of the 12 months so you may maximize its worth.
You just like the playing cards’ different advantages
There are lots of advantages to holding a Southwest bank card past accelerated factors accrual on Southwest purchases. You possibly can redeem your factors by way of Southwest’s Speedy Rewards portal on rental vehicles, lodges, present playing cards, merchandise and extra.
Skip it, if…
That mentioned, there are some of us who gained’t have an interest on this provide. Right here’s why you would possibly need to skip it:
You don’t love flying Southwest
Southwest isn’t everybody’s cup of tea — it doesn’t provide a enterprise or top quality possibility, any premium seating or meal service. The boarding and examine in processes can really feel annoying and disturbing when you choose having an assigned seat.
And the family-friendly nature of Southwest’s model (household boarding between teams A and B for households with youngsters below 6, for example) is usually a turnoff to frequent or enterprise vacationers.
You unfold what you are promoting throughout a number of airways
Skip this introductory provide from Chase’s Southwest bank cards in case you are juggling loyalty between a number of airways — or you probably have no loyalty and would reasonably snag a great flight deal whenever you discover one.
Additional, when you’re motivated to optimize your spending (and factors accrual) by strategically using a number of rewards bank cards, then going all-in on $5,000 price of purchases to obtain an further 35,000 in factors may not make sense.
The underside line
You might have only a few days to find out if these introductory bank card gives are price pursuing. Those that do select to open accounts can profit from an additional 35,000 Southwest factors in contrast with cardholders previously — giving them a critical head begin on incomes a Companion Cross.