Are you someone who is interested to know about the Southwest business credit card? If so, this article is a good choice to read. Do you know that southwest Performance Business credit card is with 80,000-point bonus?
What is this Southwest Rapid Rewards Performance Business Card?
It’s the newest opportunity for small company owners to earn important points with Southwest, America’s favorite low-cost carrier.
The Southwest Performance Business Card, which is not to be confused with their Premier Business Card, offers a generous sign-up bonus and a competitive rewards rate for Southwest travel and everyday business costs.
That’s not all, though.
New cards can get a leg up on the competition for the Southwest Companion Pass and A-List Status. In addition, the card’s benefits package is rounded off with a suite of travel bonuses, making it a strong option for any company owner who enjoys flying Southwest.
Annual Fee for Southwest Performance Card?
This is one of the frequently asked questions.
With a $199 annual charge, the Performance Business Card is the most expensive Southwest Airlines credit card. However, it comes with a slew of benefits that, in my viewpoint, make it worthwhile, including what may be my favorite bonus given by any Southwest Rapid Rewards credit card ever.
It’s completely free to add authorized users to your card.
Is this card right for you?
Business travelers who fly Southwest only a few times a year could find the Southwest Rapid Rewards Performance Business a good fit. This is partly due to the card’s yearly 9,000-point anniversary bonus, which is worth around $130 when used on Southwest flights. In addition, the year’s worth of the points from ticket purchases and other card advantages, such as rebates on the $8 Wi-Fi cost and TSA PreCheck or Global Entry credit, may easily exceed $200.
Benefits of Southwest Rapid Rewards Performance Business Card
The Southwest Business Card comes with a slew of perks, including sign-up incentives, travel insurance, and more. But, first, let’s take a deeper look at the features of this card.
Benefit 1 – Massive Sign-up Bonus
Are you searching for a fantastic registration bonus that would allow you to fly for free? The Southwest Rapid Rewards Performance Business Card is an excellent choice.
After spending $5,000 in the first three months with this card, you may earn 80,000 Rapid Rewards points.
What’s the value of 80,000 Rapid Rewards points?
It all depends on how you want to use them — you have a few possibilities.
Using your points to buy Wanna Get Away prices on Southwest flights through their website provides the greatest value. The value of those points varies according to the time of year, routing, and other factors, but 80,000 Rapid Rewards points may be worth up to $1,200 in trips. This is base on a 1.5-cent-per-point average.
That’s right, you read correctly. The welcome bonus might be worth up to $1,200 in travel expenses.
Benefit 2 – Anniversary bonus
Suppose the 80,000-point welcome bonus wasn’t enough to entice you. On your card’s first anniversary, the Southwest Rapid Rewards Performance Business Card also gives a 9,000-point bonus. According to Insider’s calculations. That’s worth around $126 in Southwest flights, which may go a long way toward covering the yearly charge.
Benefit 3 – Four Upgraded Boardings Per Year
You receive four enhanced boardings every anniversary year just for owning the Southwest Performance Card. The Southwest Rapid Rewards Performance Business Credit Card offers bill credits for up to four upgraded Southwest boardings per year. Depending on the journey, this usually costs $30 to $50 for every flight.
Upgraded boarding is sold at the gate when there is extra space available in the A1-A15 boarding group, unlike Southwest EarlyBird Check-In, which you can purchase at the time of booking or add later. Upgraded boarding is sold at the gate when there is extra space available in the A1-A15 boarding group.
Benefit 4 – Inflight Wi-Fi credits
The Southwest Performance Card comes with a fantastic Wi-Fi feature. Southwest Airlines costs $8 per device for Wi-Fi access, but you may obtain up to 365 $8 Wi-Fi credits every year with the Performance Business Card. Simply charge the fee to your card, and a credit will appear on your bill.
For regular Southwest fliers, this is a fantastic chance. It implies that if you fly Southwest every day, you may receive one daily Wi-Fi credit. Many people are unaware that you may use numerous credits on the same day, so you could, for example, use one for your laptop and another for your smartphone. You may only utilize 365 credits in a calendar year.
Benefit 5 – Global Entry Or TSA Pre-Check Credits
You can get a $100 credit toward TSA Pre-Check or Global Entry if you have the Southwest Performance Card. This perk is only available once every four years. If you’re going to use this benefit, I’d recommend signing up for Global Entry instead of TSA Pre-Check. For those who are unfamiliar, TSA Pre-Check expedites security screening in the United States, whereas Global Entry expedites immigration processing in the United States.
Why should you register for Global Entry rather than Pre-Check?
Because TSA Pre-Check is included with Global Entry, but not the other way around.
Benefit 6 – $500 Fee Credit For Points Transfers
- Every account anniversary year, you can get up to $500 in transfer fees. For example, when you use your Southwest Rapid Rewards Performance Business Credit Card to pay for transfer charges to another Rapid Rewards Member or a pre-selected charity designated by Southwest with an active Rapid Rewards account.
- Southwest costs $5 for every 500 points transferred, with a minimum transfer amount of 2,000 points; thus,, transferring points to others is typically not good. However, you’ll compensate for up to 50,000 points in transfers with this charge rebate.
- The first $500 in costs for points transfers is cover by this perk. This effectively implies that you may transfer roughly 50,000 Rapid Rewards points to another member for free each anniversary year. This might be an excellent method to combine points from many Rapid Rewards accounts.
Within one to two billing cycles, statement credits will appear on your account.
Benefit 7 – No Foreign Transaction Fees
If you’re looking for a travel rewards credit card, be sure it doesn’t include any international transaction fees. What’s the sense of having a travel rewards credit card if you’re going to end up paying 3% in fees? Fortunately, there are no international transaction fees with the Southwest Rapid Rewards Performance Business Card.
Benefit 8 – Car rental insurance
When you hire a car for business with your Southwest Rapid Rewards Performance Business Credit Card, you’ll cover by main car rental insurance. However, to get coverage, you’ll have to deny the rental company’s collision insurance and charge the whole amount of the rental to your credit card.
However, liability coverage does not include, so you’ll have to pay for it separately or use your own personal vehicle insurance policy to cover it.
Benefit 9 – Baggage delay insurance
Suppose you pay for your flight with your Southwest Rapid Rewards Performance Business Credit Card. In that case, you may be protected for necessary items like clothes and toiletries if your luggage delayed for six hours or more. For up to three days, coverage is available for up to $100 each day.
Benefit 10 – Lost luggage reimbursement
When you use the card to pay for your ticket, you and your immediate family members are covered up to $3,000 per passenger if the carrier loses or damages your luggage.
Benefit 11 – Travel accident insurance
When you pay for air, bus, rail, or cruise transportation with your Southwest Rapid Rewards Performance Business Credit Card, you’ll be covered for accidental death or dismemberment up to $500,000.
Benefit 12 – Purchase protection
Suppose an eligible new item purchased with your Southwest Rapid Rewards Performance Business Credit Card is damaged or stolen within 120 days of purchase. In that case, you might entitle to up to $10,000 per claim and $50,000 per account in coverage.
Benefit 13 – Travel and emergency assistance services
Suppose something goes bad when you’re away from home. In that case, the Southwest Rapid Rewards Performance Business Credit Card gives you access to a travel and emergency assistance hotline, which may help you get legal or medical referrals, among other things. The service is free, but you are responsible for any third-party fees.
Benefit 14 – Extended warranty
The Southwest Rapid Rewards Performance Business Credit Card extends the length of qualified US manufacturer’s warranties by a year on warranties of three years or less.
Benefit 15 – Roadside dispatch
Cardholders may also call a 24-hour roadside dispatch hotline, which can arrange things like towing and jumpstarts for a predetermined charge that is paid to your card while you’re on the road.
Benefit 16 – Earn Unlimited Tier Qualifying Points Towards A-List Status
- You may also earn an infinite number of Tier-Qualifying Points with the Southwest Performance Card (TQPs). For every $10,000 spent on the card, you may earn 1,500 TQPs toward A-List status.
- Priority boarding, a 25% points bonus, same-day standby, priority check-in, and security lane access, and a dedicated phone number are all part of Southwest Airlines’ A-List program.
- Earning 35,000 TQPs in a calendar year is usually required for A-List status, so using a Southwest Performance Business Card might help you get there. Whether or whether it’s worthwhile depends on how much you’d pay to fly Southwest otherwise.
Benefit 17 – Free Employee Cards
At no extra charge, business owners may order authorized user cards for their staff. This entails accumulating points based on employee expenditure.
How to get the most of your Southwest points?
Redeeming your points for Southwest flights is the most convenient method to put them to use. The airline travels to a variety of overseas destinations in the Caribbean, Mexico, Central America, and a large domestic route network, including Hawaii. Unlike many other airlines, Southwest does not have an award chart. Instead, the amount of points needed for an award flight is directly proportional to the cost of a purchased ticket. According to Insider’s point and mile values, when you redeem Southwest points for award travel, you can expect to obtain an average value of roughly 1.4 cents per point. In addition, there are no cutoff dates or seat limitations. You may book a ticket with points as long as it is available for purchase.
How to use your Southwest points to purchase award tickets online?
Simply log into your Rapid Rewards account and search for flights as if you were purchasing a paid ticket. Then, to compare the two, just flip between the cash price and the points cost.
There’s no need to redeem your points if you’re not ready to fly back in the air just yet; they’ll never expire. Other possibilities for redeeming points through the More Rewards program for Southwest credit card users include products, gift cards, auto rentals, hotels, cruises, experiences, and foreign tickets on other airlines. Of course, the worth of your points fluctuates. But it’s typically a terrible deal when compared to Southwest flights.
How to Maximize Your Rewards
When collecting travel rewards, it’s always a good idea to think about how you might optimize your earnings. Here are two distinct spending situations and the points you may earn in each.
- In a typical situation, let’s pretend you’re the single proprietor of a tiny business. You spend $12,000 on Southwest(R) business travel, $12,000 on advertising and telecom bills, and $12,000 on other business purchases every year.
- In the case of Aspiration, let’s pretend you have five employees, each with a card on the account. And that your overall company expenditure is three times more than the average: $36,000 for Southwest purchases, $36,000 for advertising and telecom bills, and $36,000 for miscellaneous purchases.
When you refer friends who meet the requirements and create a Southwest Rapid Rewards Performance Business account, you can earn up to 50,000 points per year.
Now let’s see why some people don’t like this card.
Why do not people like Southwest Performance Card?
One of the main reasons is the spending threshold for annual fees and bonuses is on the high side.
While there are some high-end co-branded cards with annual fees of $500 or more, the bulk of these cards are around $100. That puts the Southwest Rapid Rewards Performance Business’s $199 annual charge on the high side, and it lacks the premium card’s luxury features like lounge access. However, in terms of both quantity of points and the overall value of the bonus. This card’s one-time offer compares well to many co-branded airline cards that cost $100 or more. As a general rule, the greater the annual cost, the more advantages, and incentives a business travel credit card gives. With a $199 annual charge, this card is no exception.
Another reason is there are no points that can transfer to other loyalty programs.
Points earned with the Southwest Rapid Rewards Premier Business cannot be transfer to any other loyalty program. Rapid Rewards points, on the other hand, may be used to book foreign flights with a variety of airlines, as well as hotel stays, car rentals, and goods with several Southwest partners. The catch is that the value of your points will be a third to half lower for these purposes than when you redeem them for Southwest flights.
Features of Security
The card issuer, Chase, employs industry-standard security procedures to safeguard your card and account information. Cards, for example, feature chip technology, and you may set up fraud notifications or alerts to keep track of account activity.
Now let’s see some questions that the people frequently ask.
How does the Southwest Rapid Rewards Performance Business stack out against other business travel credit cards?
There are several fantastic choices to consider. This is the best, if your objective is to earn travel rewards with a business credit card.
The Southwest Rapid Rewards Premier Business Credit Card is a fantastic alternative. Hence you don’t want to pay $199 per year on an airline credit card for your business. But still want a co-branded Southwest credit card. This card is just $99 a year, but it has a hefty sign-up bonus and a similar rewards rate. You won’t get elite benefits like in-flight Wi-Fi credits or credit for Global Entry or TSA PreCheck. In addition, you’ll only get two complimentary EarlyBird Check-In boarding upgrades per year instead of four through Southwest, but the yearly fee slashes in half.
In the meanwhile, in addition to Southwest cards, make sure you’re thinking about flexible business credit cards. For example, consider the Ink Business Preferred Credit Card, which has a generous sign-up bonus and allows you to transfer points to Southwest at a 1:1 ratio.
Is there excellent customer service or satisfaction with the Southwest Rapid Rewards Performance Business Card?
They provide excellent customer service to their clients. If you need assistance with your card, you may file a request online or call the Southwest Rapid Rewards Performance Business phone number.
What information requires in order to apply for a Southwest Rapid Rewards Performance Business Card?
They will ask for your personal, financial, and contact information when you apply for this card. Personal information includes things like your name and address. Your source and quantity of income are among the financial details necessary, while your phone number and email address are among the contact details.
So for company owners who spend a lot of money on travel and other costs, the Southwest Rapid Rewards Performance Business Card is a good choice. It’s excellent for frequent Southwest passengers, and it comes with some extra bonuses that they’ll love. There are more credit cards for those who love travelling. Click here.
And this is the end of my article. I hope now you have a sound idea about the Southwest Rapid Rewards Performance Business Card. If this article is interesting, please share it with your friends.