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The Southwest Rapid Rewards® Priority Credit Card is now offering a Companion Pass as part of its sign-up bonus: New Offer: Earn 50,000 bonus points after spending $1,000 on purchases in the first 3 months.
The Companion Pass allows a partner to travel on the same itinerary as you for only the cost of taxes and fees. It's like a BOGO flight deal on every Southwest flight you take through the end of February 2023. So is it worth it to get the Southwest Rapid Rewards® Priority Credit Card while this offer is available?
High value perks of the Southwest Rapid Rewards® Priority Credit Card
Let’s take a look at the benefits and point-earning ability of the Southwest Rapid Rewards® Priority Credit Card to help you evaluate whether the annual fee is worth it:
» Learn more: Southwest Priority Card review: Pay more, get more
3x points on flights
If you fly Southwest regularly because it services your home airport, the Southwest Rapid Rewards® Priority Credit Card may be worth keeping. You get 3 points per $1 spent on Southwest purchases.
The card also offers 2 points per dollar local transit and commuting (including rideshares), internet, cable, phone services, and select streaming, plus 1 point per dollar on everything else.
7,500 anniversary points
Cardholders receive 7,500 points every anniversary. If you’ve already got a good stash of Rapid Reward points, this is a nice chunk to add to it. It could be just what you need to book that vacation you’ve been eyeing.
$75 annual travel credit
The Southwest Rapid Rewards® Priority Credit Card also comes with an annual $75 credit toward Southwest purchases.
So figure that perk into your calculations. Between this credit and the anniversary points, the card practically pays for itself, provided you use both benefits.
» Learn more: Chase 5/24 rule explained
Four upgraded boardings
If you fly Southwest enough, you know that the airline does not give out seat assignments in advance. However, Southwest does offer early boarding, which can be purchased for $30-$50. With the Southwest Rapid Rewards® Priority Credit Card, you get four upgraded boardings every year, allowing you to board in group A1-A15.
Earn tier qualifying points towards A-list status
Cardholders earn 1,500 points toward elite status for every $10,000 spent on the card. That benefit is capped at 15,000 tier qualifying points per year.
The Companion Pass
This benefit alone could make the annual fee worth it if you earn it through the sign-up bonus offer. Usually you'd have to earn 125,000 Rapid Rewards or fly 100 qualifying one-way flights to earn the Companion Pass, so this will save you time and money earning the pass and save you money on flights with a travel buddy for the next year.
How to maximize your rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2022, including those best for:
Flexibility, point transfers and a large bonus: Chase Sapphire Preferred® Card
No annual fee: Bank of America® Travel Rewards credit card
Flat-rate travel rewards: Capital One Venture Rewards Credit Card
Bonus travel rewards and high-end perks: Chase Sapphire Reserve®
Luxury perks: The Platinum Card® from American Express
Business travelers: Ink Business Preferred® Credit Card