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01 · overview

Southwest Rapid Rewards Performance Business

by ChasePoints

80,000 points welcome · 4x on airlines · $299/yr

Southwest Rapid Rewards Performance Business
Annual fee
$299
Per year
Sign up bonus
80K pts
After $5,000 in 3 mo · ≈ $1,040
Credits
$30
2 credits · 8 perks
Median FICO
—
Approved
Median income
—
Approved
Our take

The Performance Business is Southwest's top business card, and its best argument is the 80,000-point bonus after $5,000 in spending within three months, plus 9,000 anniversary points each year to help offset the $299 annual fee. Frequent Southwest flyers get real perks: unlimited Extra Legroom seat upgrades within 48 hours of departure when available, seat selection at booking, a free first checked bag and Group 5 boarding for up to eight companions on the same reservation. It earns 4 points per dollar on Southwest purchases and 2 points on gas, dining, hotels booked direct and local transit including rideshare, and it adds a Global Entry or TSA PreCheck credit, a 10,000-point Companion Pass boost each year and free employee cards. The catch is that $299 is a lot for a single-airline card, and its value depends almost entirely on how often you fly Southwest. If your business only flies the airline occasionally, the cheaper Premier Business covers the basics.

Welcome bonus
80K pts
After $5,000 in 3 mo · ≈ $1,040
Apply now
02 · earn & credits

Earn rates & credits

Earn rates
CategoryRate
Airlines
Southwest Airlines purchases
4x
Gas
2x
Dining
2x
Hotels
Hotel accommodations booked directly with the hotel
2x
Transit
Local transit and commuting, including rideshare
2x
Everything Else
1x
Estimated value: 1.3¢/point
Credits & rebates
BenefitValue
Global Entry / TSA PreCheck Credit
Up to $120 statement credit for Global Entry, TSA PreCheck, or NEXUS application fees
$120 every 4 yr
25% Back on Inflight Purchases
25% back as a statement credit on inflight purchases
25%
Total annual credits$30
Perks & protections
Anniversary Points
9,000 bonus points each cardmember anniversary
Extra Legroom Seat Upgrades
Free unlimited Extra Legroom seat upgrades within 48 hours of departure, when available
Seat Selection
Complimentary Preferred or Standard seat selection at booking
Free First Checked Bag
First checked bag free for the cardmember and up to eight additional passengers on the same reservation
Group 5 Boarding
Group 5 boarding for the cardmember and up to eight passengers on the same reservation
Tier Qualifying Points
2,500 tier qualifying points toward A-List status for every $5,000 spent on the card
Companion Pass Boost
10,000 Companion Pass qualifying points each calendar year (these do not count toward flight redemptions)
Employee Cards
Employee cards at no additional cost
03 · card details

Card details

Regular APR
19.24%–27.74% variable
Foreign transaction fee
None
04 · approval odds

Approval odds

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05 · news

In the news