Southwest Rapid Rewards Premier Credit Card Credit Card

Southwest Rapid Rewards Premier Credit Card

Last Updated: 04/06/2026

Rating
3.9 / 5
Sign Up Bonus
55,000 Points
Annual Fee
$149
Credit Score
Good

Summary

04/05/2026: New welcome offer is 55K Points

Sign-Up Bonus
5
Spending Multipliers
3.5
Credits & Features
2.5
Fees
4
Application
3.5
Issuer
NaN

The Chase Southwest Rapid Rewards Premier Card is a travel rewards card designed for regular Southwest Airlines flyers who want a balance of points, travel perks, and protections without paying foreign transaction fees. Ideal for loyal Southwest customers, the card offers 6,000 annual points, 25% back on in-flight purchases, a 15% flight discount, and a 10,000-point boost toward Companion Pass qualification, along with complimentary Preferred seating and free checked bags for up to eight passengers. Cardholders also benefit from purchase protection up to $500 per claim, lost luggage reimbursement up to $3,000 per passenger, baggage delay insurance, and no change fees. Additional lifestyle perks include one year of DashPass and $10 quarterly non-restaurant DoorDash credits through December 31, 2027. While the annual fee is not waived in the first year and some credits may not fully offset the fee, the Southwest Rapid Rewards Premier card is best suited for travelers seeking straightforward Southwest rewards, practical travel protections, and steady progress toward the Companion Pass.

Pros

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No foreign transaction fee
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Purchase protection up to $500 per claim and $50,000 per account
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Extended warranty

Cons

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Annual fee not waived in the first year
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Credits may not offset annual fee
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1x catch all category

Issuer

Spending Multipliers

Credits & Features

6,000 annual points
25% back on inflight purchases
15% Flight Discount
10,000 Companion Pass qualifying points boost
Complimentary Preferred seat
Free checked bags for up to 8 passengers
No change fees
1 year DashPass until December 31, 2027
$10 quarterly non-restaurant DoorDash credit until December 31, 2027
Lost luggage reimbursement up to $3,000 per passenger
Baggage delay insurance

Application

  • Chase has a strict 5/24 rule, meaning you will be rejected if you opened 5 or more cards in the past 24 months
  • Welcome bonus is only available if you don’t have any Southwest personal card and did not open a Southwest personal card in the last 24 months
  • Consider having at least a credit history for 1 year
  • Avoid applying for more than 2 Chase cards in 30 days

Fees

  • $149 Annual Fee
  • No Foreign Transaction Fee
  • Up to $40 late fee
  • Up to $40 return payment fee
  • 19.24% - 27.74% Variable APR
  • 28.49% APR for Cash Advance
  • $10 or 5% of each cash advance amount (whichever is greater)
  • 19.24% - 27.74% APR for Balance Transfer
  • $5 or 5% of each transfer amount (whichever is greater)
See Full and Updated Rate & Fee Schedule During Application Process