New Welcome Bonus on Southwest Personal Credit Cards [40k Points and $400 Statement Credit]

Updated: November 12, 2024, 11:59am CST

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Welcome Bonus Details
Which Southwest Credit Card is Right for You?
Final Thoughts

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If you’re looking to boost your balance of Southwest Rapid Rewards points, Chase has just launched a new welcome bonus offer on all 3 personal Southwest credit cards — the Southwest Rapid Rewards^® Priority Credit Card, the Southwest Rapid Rewards^® Premier Credit Card, and the Southwest Rapid Rewards^® Plus Credit Card.

Here is a look at the details of the new welcome bonus offer, along with a breakdown of the perks of each card to help you decide which is best for you.

Welcome Bonus Details

New cardholders of the Southwest Plus card, Southwest Premier card, and/or Southwest Priority card can earn a $400 statement credit and 40,000 bonus points after spending $3,000 on purchases in the first 4 months from account opening.

We value Southwest points at 1.3 cents per point, making 40,000 points worth $520 toward Southwest flights based on that valuation. When you combine that with the $400 statement credit, the overall value of the welcome offer on all 3 cards is $920.

Which Southwest Credit Card is Right for You?

Since the welcome offer on all 3 personal Southwest credit cards is the same, you can focus solely on the perks and benefits of each card when deciding which is right for you.

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Card Benefit	Southwest Rapid Rewards^® Plus Credit Card	Southwest Rapid Rewards^® Premier Credit Card	Southwest Rapid Rewards^® Priority Credit Card
Annual Fee	$69	$99	$149
Bonus Categories	2x points on Southwest purchases 2x points on local transit and commuting, including rideshares 2x points on internet, cable, phone services, and select streaming 2x points on Rapid Rewards hotel and car rental partners 1x points on all other purchases	3x points on Southwest purchases 2x points on Rapid Rewards hotel and car rental partners 2x points on local transit and commuting, including rideshares 2x points on internet, cable, phone services, and select streaming services 1x points on all other purchases
Annual Bonus Points	3,000 bonus points	6,000 bonus points	7,500 bonus points
Discount on Inflight Purchases	25% back
EarlyBird Check-In	2 certificates each year		N/A
Tier Qualifying Points	N/A	1,500 Tier Qualifying Points for every $5,000 spent
Annual Southwest Credit	N/A	N/A	$75
Upgraded Boarding Certificates	N/A	N/A	4 certificates each year
Card Protections	Lost Luggage Reimbursement Baggage Delay Insurance Exteneded Warranty Protection Purchase Protection
Companion Pass Boost	Boost of 10,000 Companion Pass qualifying points every year

Deciding which card is best for you comes down to what you, specifically, are looking for out of your new card. There is overlap among some benefits and big differences among others.

If you’re simply looking for a way to earn more Southwest points on your everyday expenses, receive a few perks like EarlyBird Check-In certificates and 25% back on inflight purchases, and want to pay the lowest annual fee possible, then the Southwest Plus card would be the best option for you.

The Southwest Premier card takes these benefits a step further by helping you earn more points on your Southwest tickets and allowing your card spending to help you earn Southwest A-List status.

Finally, those who are frequent Southwest flyers might want to opt for the Southwest Priority card thanks to its 7,500 bonus points, $75 annual Southwest credit, and 4 upgraded boarding certificates each year.

Hot Tip:

Learn all about the Southwest Rapid Rewards loyalty program in our full guide!

Final Thoughts

If you’ve been considering adding a Southwest card to your wallet, now is a great time to do so to take advantage of the new welcome bonus of 40,000 points and a $400 statement credit.

Remember, too, that the 40,000 points you receive from the bonus count toward qualifying for the highly coveted Southwest Companion Pass.