Review
Chase Southwest Rapid Rewards® Premier Credit Card Review: Rewards and Perks for Southwest Loyalists
For dedicated Southwest travelers, the Southwest Rapid Rewards® Premier Credit Card offers exceptional value. Our review explores its lucrative rewards, annual bonus points, and travel perks that easily offset its fee.
| Annual Fee | $149.00 |
| Sign-up Bonus | Earn 55,000 bonus points |
| Rewards Rate | 1x-3x points |
| Regular APR | 19.24%-27.74% variable APR. |
Overview
Pros & Cons
What's great
- Generous sign-up bonus
- No foreign transaction fees
- Valuable airline-specific travel benefits
- Accelerated progress towards airline elite status and Companion Pass
- Rewards on everyday spending categories
- Purchase and travel protections
Things to consider
- Annual fee applies
- High regular APR
- No introductory APR period
- Limited elevated rewards categories for general spending
Benefits
Drawbacks
Decision Guidance
Summary
The Southwest Rapid Rewards® Premier Credit Card is a good card, particularly well-suited for its specific target audience: frequent Southwest Airlines flyers who consistently pay their balance in full. Its strengths lie in its robust rewards program...