The best Southwest credit cards of 2022

The best Southwest credit cards of 2022

Southwest is smaller than the “big three” US airlines (American, Delta, and United), but it remains a great choice for many travelers thanks to customer-friendly policies like two free checked bags per customer and no change fees. Plus, Southwest points never expire — so even if you’re not traveling right now, you don’t have to worry about losing your hard-earned rewards.

If you fly Southwest, a cobranded credit card can be a great way to earn extra Rapid Rewards points to use for free flights, and the points you earn from these cards can also help you earn the Southwest Companion Pass. When you have a Companion Pass, your designated companion can fly with you for almost free (just pay taxes and fees) on paid and award tickets.

Read more: The best airline credit cards in 2022

Chase issues three personal and two small business Southwest Rapid Rewards credit cards. Here’s what to know to help you decide which Southwest credit card is best for you.

Chase Southwest personal credit cards comparison

Southwest has three Rapid Rewards personal cards: the Southwest Rapid Rewards® Plus Credit Card, Southwest Rapid Rewards® Premier Credit Card, and the Southwest Rapid Rewards® Priority Credit Card.

The first major difference you’ll notice between these three cards is in their annual fees. The Plus card charges a $69 annual fee, while the Premier and Priority cards charge $99 and $149, respectively.

The anniversary bonuses are also different for each card:

• Southwest Rapid Rewards® Plus Credit Card: 3,000 anniversary bonus points
• Southwest Rapid Rewards® Premier Credit Card: 6,000 anniversary bonus points
• Southwest Rapid Rewards® Priority Credit Card: 7,500 anniversary bonus points

Read more: Southwest Rapid Rewards Premier card review

The Southwest Rapid Rewards® Plus Credit Card and Southwest Rapid Rewards® Premier Credit Card now offer two EarlyBird Check-Ins per year (which normally costs $15 to $25 and allows you to automatically check-in 36 hours prior to departure) and 25% back on inflight purchases.

Southwest Rapid Rewards® Priority Credit Card holders get a few extra perks (but don’t receive the EarlyBird Check-In benefit):

• $75 Southwest annual travel credit
• Four upgraded boardings per year when available
• 25% back on inflight drinks and Wi-Fi

Both the Southwest Rapid Rewards® Priority Credit Card and the Southwest Rapid Rewards® Premier Credit Card do not charge a foreign transaction fee, and both cards can earn you Tier-Qualifying Points (TQPs) toward Southwest A-List status. You’ll earn 1,500 TQPs for every $10,000 you spend on the cards in a calendar year, and there’s no limit to the number of TQPs you can earn (previously, there was a cap).

A-List status requires 35,000 TQPs earned in a calendar year, and gets you benefits like priority boarding and a 25% points bonus on paid flights.

With all three cards, you can earn Companion Pass® through 2/28/23 plus 30,000 points after you spend $5,000 on purchases in the first 3 months. 

Each card also earns bonus points on:

• Southwest and Rapid Rewards purchases
• Local transit and commuting (including rideshare)
• Internet, cable, and phone services
• Select streaming

You’ll earn 1 point per dollar spent on everything else.

How to decide which Southwest credit card is right for you

If your main goal for getting a Southwest Rapid Rewards credit card is to earn a sign-up bonus, the Southwest Rapid Rewards® Plus Credit Card could be a great choice. It offers the same sign-up bonus as the other two cards and a similar earnings rate, and it has the lowest annual fee.

Read more: Southwest Rapid Rewards Plus card review: Earn points for a low annual fee

But if you plan to use your Rapids Rewards card for multiple years, the Southwest Rapid Rewards® Premier Credit Card and Southwest Rapid Rewards® Priority Credit Card cards offer better value. Both offer anniversary bonuses that are double or more than what you’ll get with the Plus card. And the two more expensive cards are better for international travelers because they don’t charge foreign transaction fees.

When comparing the Premier and Priority cards, the Southwest Rapid Rewards® Priority Credit Card easily comes out on top. Its higher annual fee is easily reduced by $75 in annual Southwest travel credit. It also has a better anniversary bonus and offers additional inflight perks and discounts.

Read more: Southwest Rapid Rewards Priority card review: Earn a great welcome bonus and enjoy valuable travel perks

In short, if you’re looking for an airline card to earn free flights in the short term, you may want to choose the Southwest Rapid Rewards® Plus Credit Card. Otherwise, the Southwest Rapid Rewards® Priority Credit Card offers the best long-term value.

Finally, note that you can’t have two personal Southwest credit cards at the same time, and you can’t open a new personal Southwest card if you’ve earned a sign-up bonus on any personal Southwest card within the last 24 months. So choose your card carefully.

Additionally, all of the Southwest cards are subject to Chase’s 5/24 rule, which means you won’t get approved if you’ve opened five or more cards (from any bank) in the past 24 months.

Chase Southwest small business credit card comparison

Southwest has two co-branded business credit cards: the Southwest® Rapid Rewards® Premier Business Credit Card and the Southwest® Rapid Rewards® Performance Business Credit Card.

The Southwest® Rapid Rewards® Premier Business Credit Card charges a $99 annual fee, while the Performance Business card is more expensive, at $199. However, the Southwest® Rapid Rewards® Performance Business Credit Card has a better anniversary bonus, giving 9,000 points on each cardmember anniversary compared to the 6,000 points you’ll get each year with the Premier Business card.

The biggest difference between these two cards is their ongoing earnings potential. While you’ll earn 3 points per dollar on Southwest purchases and 2 points per dollar on Rapid Rewards hotel and car partners with the Premier Business Card, you’ll earn 4 points per dollar and 3 points per dollar in these categories, respectively, with the Performance Business card.

And with the Southwest® Rapid Rewards® Performance Business Credit Card you’ll earn 2 points per dollar on the following business expenses as well:

• Social media and search engine advertising
• Internet, cable, and phone services

Both cards also earn 2 points per dollar on local transit and commuting, including rideshare, and offer up to $500 in fee credits for points transfers (for example, to other members) each year.

Read more: Southwest Premier Business card review: A solid bonus and perks for Southwest flyers, and points count toward the Companion Pass

The Southwest® Rapid Rewards® Performance Business Credit Card also gives cardholders up to $100 for a Global Entry or TSA Pre application fee credit, four upgraded boardings per year (when available), and inflight Wi-Fi credits. It’s offering a sign-up bonus of 80,000 points after you spend $5,000 on purchases within the first 3 months of account opening.

As with the personal Southwest credit cards, the points you earn from the Southwest small-business cards count toward the Companion Pass. These cards don’t come with a promotional Companion Pass, though. You’ll be earning it the old fashioned way — earn 125,000 qualifying Southwest points in a calendar year. But earning one or two of these bonuses can go a long way toward achieving (or even help you to immediately qualify for) the Companion Pass.

Yes, a non-promotional Companion Pass is a bit harder to achieve — but the payoff is bigger, too — regular (non-promotional) Companion Passes are valid during the year in which you earn them, as well as the following calendar year. By earning 125,000 qualifying points early in 2022, you’ll receive a Companion Pass valid through December 31, 2023 — instead of the promotional pass that expires on February 28, 2023.

If your business spends a lot of money each year on social media advertising or internet, cable, and phone services, you’ll definitely want to go with the Southwest® Rapid Rewards® Performance Business Credit Card. You may also want to choose the Performance Business card if you fly four or more times each year. In that case, you could take full advantage of the four upgraded boardings per year and some of the other inflight perks.

However, if you don’t spend a lot of money in the bonus categories, your earnings potential will drop. And if you only fly once or twice a year, you may not get the most value out of the additional day-of-flight benefits. 

Read more: The Southwest Performance Business card offers valuable frequent-flyer perks

If you decide the Southwest® Rapid Rewards® Performance Business Credit Card and Southwest® Rapid Rewards® Premier Business Credit Card don’t make sense for you, you may want to consider one of the consumer Southwest credit cards discussed above.

Or, because you can transfer Chase Ultimate Rewards points to Southwest and other airline and hotel partners when you have Chase travel cards like the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, and Ink Business Preferred® Credit Card, one of these cards could be a better pick if you value flexibility. However, Chase Ultimate Rewards points transferred to Southwest will not count toward earning the Southwest Companion Pass.