Disclaimer: Any editorial content is not provided or commissioned by Chase Bank USA, N.A. Opinions expressed here are author's alone, not those of Chase Bank USA, N.A, and have not been reviewed, approved or otherwise endorsed by Chase Bank USA, N.A. "Sponsored" above means this site may be compensated through the Chase Bank USA, N.A Affiliate Program.
Author: Tim Chen The Southwest credit card is currently offering a great signup bonus: Get 25,000 points for 1 Roundtrip Flight after you spend $1,000 on purchases in the first 3 months of opening your account.Government fees as low as $12 not included.as low as $12 not included. Plus, there's an anniversary bonus of 6,000 points each year.
Each point is worth 1.43 cents of Wanna Get Away fare. This means the anniversary bonus is worth worth $86 in Wanna Get Away fare, nearly offsetting the $99 annual fee.
Moreover, the card gives an ongoing rewards rate of 2 points per $1 on Southwest and 1 per $1 elsewhere, for a rewards rate of 2.86% on Southwest purchases and 1.43% elsewhere when you redeem on Southwest. This is much better than many other cards. Plus, it has no foreign transaction fee, so you'll be okay if you go overseas.
While the reward rate is above average, with a $99 annual fee and a fairly industry average APR, we would primarily recommend this card to frequent Southwest travelers. If you aren't wedded to just one airline, consider the Barclaycard Arrival Plus™ World Elite MasterCard®.
We want to hear from you and encourage a lively discussion among our users. Please help us keep our site clean and safe by following our posting guidelines, and avoid disclosing personal or sensitive information such as bank account or phone numbers. Any comments posted under NerdWallet's official account are not reviewed or endorsed by representatives of financial institutions affiliated with the reviewed products, unless explicitly stated otherwise.
Disclaimer: We try to keep information accurate and up to date, however we cannot make warranties regarding the accuracy of our information. Please verify FDIC Insurance / NCUA Insurance status, credit card information, and interest rates during the application process. Please note that NerdWallet has financial relationships with some of the merchants mentioned here. NerdWallet may be compensated if consumers choose to utilize the links located throughout the content on this site and generate sales for the said merchant.
Advertiser Disclosure: Many of the credit card offers that appear on this site are from companies from which NerdWallet receives compensation. The results of our “card comparison and finder tool”, card assessments, and reviews are based on objective quantitative and qualitative analysis of card attributes. They are not affected by compensation. Compensation may impact which cards we review and write about and how and where products appear on this site (including, for example, the order in which they appear). While we try to feature as many credit cards offers on our site as we can maintain (1,700+ and counting!), we recognize that our site does not feature every card company or card available on the market. Additionally, our star ratings are a mix of user feedback and NerdWallet’s independent evaluation which are independent of compensation. For a list of all of our advertising partners, click here.
* Disclaimer: See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Now" button, you can review the credit card terms and conditions on the issuer's website.
* Disclaimer: The editorial content is not provided by any financial institution, including any financial institution mention in the above content. Any opinions or analyses, reviews or recommendations expressed in this article or in this page are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.