Southwest bank cards: Fly your companion without cost for a 12 months


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Wish to fly two-for-one for the subsequent 12 months? In that case, there’s a suggestion at the moment accessible on all three Southwest Airways private bank cards that could be the chance you’ve been ready for, however there’s just a few days left to reap the benefits of it.

Proper now, the Southwest Fast Rewards Plus Credit score Card, the Southwest Fast Rewards Premier Credit score Card and the Southwest Fast Rewards Precedence Credit score Card are every providing new cardholders a Southwest Companion Move legitimate by February 28, 2022, plus 30,000 bonus factors after spending $5,000 on the cardboard throughout the first three months of opening the account.

However these presents are solely accessible by March 10, 2021, so if you happen to’re going to seize one among them, now’s the time to maneuver earlier than they disappear.

When you’re asking “What’s a Southwest Companion Move?,” we promise it’s not a gimmick. It actually is a no-strings-attached move that enables a companion to fly with you on Southwest without cost (plus taxes and costs) so long as there’s at the very least one seat left on the market on the airplane. The taxes and costs are usually minimal, and you should utilize the perk a vast variety of instances in the course of the lifetime of the move.

Since Southwest factors are price about 1.5 cents per level while you redeem them for the airline’s most cost-effective “Wanna Get Away” fares, the 30,000 bonus factors you’ll get with these presents are price about $450 in journey.

Moreover, card holders will even earn 5 factors for each greenback spent on Southwest purchases by March 31, 2021, on as much as $2,000 in purchases per thirty days (and a couple of factors per greenback on Southwest purchases thereafter).

The worth of those complete presents depends upon how a lot use you’ll get out of the Companion Move. When you assume you’ll end up flying rather a lot within the subsequent 12 months, then the worth shall be astronomically excessive — the extra you fly, the extra your companion also can fly without cost. Nonetheless, if you happen to don’t assume you’ll be touring a lot (or in any respect) by the start of 2022, this most likely isn’t the best card provide for you.

Except for incomes the Companion Move and bonus factors from the sign-up bonuses, these three playing cards additionally include many different advantages for Southwest flyers — though some are higher than others. However relying on the cardboard, if you happen to count on to fly Southwest often when journey resumes, you might discover a few of them to be extraordinarily helpful.

• Yearly anniversary factors

With all three Southwest playing cards, you’ll obtain bonus Fast Rewards factors on a yearly foundation, beginning along with your first anniversary (which means one 12 months from the date you initially get the cardboard). These factors assist considerably offset the price of the cardboard’s annual payment.

With the Southwest Plus card, you’ll obtain 3,000 bonus factors at your anniversary, whereas the Southwest Premier card comes with 6,000 bonus factors, and the Southwest Precedence card will enhance your steadiness essentially the most with 7,500 bonus factors. Once more, Southwest factors are price roughly 1.5 cents per level, so these anniversary bonus factors are price $45, $90 and $113 worth, respectively.

Apply now for the Southwest Fast Rewards Premier card.

• Upgraded boarding positions

Southwest has a unique seat project coverage than most different airways — there are literally no assigned seats. As an alternative, the service has open seating, the place you choose your most popular seat upon boarding the airplane. Your boarding place — which you get while you verify in on your flight — determines while you board. All passengers obtain a boarding place between A1 and C60, with A1 being first to board and C60 being final.

With the Southwest Precedence card particularly, you get 4 upgraded boarding positions per 12 months to make use of on Southwest flights. This implies you should purchase an A1-15 boarding place on the gate (if accessible, supplying you with the chance to board the airplane earlier than most different passengers, and also you’ll obtain a press release credit score for the quantity charged.

Buying an upgraded boarding place usually prices between $30 and $50, so this profit is price $120 to $200 per 12 months.

• Annual journey credit score

One other advantage of simply the Southwest Precedence card is a $75 journey credit score every account 12 months (which means you may make the most of the primary 12 months’s credit score instantly after receiving the cardboard if you’d like). This journey credit score can be utilized for basically any Southwest purchases, together with flights, taxes and even charges when utilizing factors, as long as you employ your Southwest Precedence card to pay for it.

Apply now for the Southwest Fast Rewards Precedence card.

• 20% again on inflight drinks and WiFi

PHOTO:
iStock

The Southwest Precedence bank card presents 20% again in your inflight purchases, together with Wi-Fi.

Once more, an unique advantage of the Southwest Precedence card is 20% again on inflight drinks and Wi-Fi purchases. Whereas this isn’t an enormous financial savings, over time, it may prevent a couple of bucks.

Nonetheless, if you happen to fly on Southwest usually (or intend to as soon as journey resumes extra broadly) and usually pay for Wi-Fi in your flights, you may need to take into account the Southwest Fast Rewards Efficiency Enterprise Credit score Card as a substitute, since you may get complimentary Wi-Fi on basically each Southwest flight you’re taking with that card — as much as 365 assertion credit per 12 months.

Apply now for the Southwest Fast Rewards Efficiency Enterprise card.

The perfect a part of these presents is that they arrive with a Southwest Companion Move. Historically, you must earn 125,000 tier-qualifying factors in a calendar 12 months to get the move, however with these presents, you may bypass that requirement and earn the move just by getting accepted for any of the three Southwest private bank cards and assembly the $5,000 spending requirement within the first three months.

Whereas the phrases of the provide state that it may well take as much as eight weeks for the sign-up bonus to publish to your Southwest account, in our expertise, Southwest sign-up bonuses — together with Companion Passes earned utilizing bank card factors — have usually appeared in your Southwest account inside 2-5 days after the shut of the bank card assertion during which you meet the minimal spending requirement.

Now, while you earn the move utilizing the standard methodology, it doesn’t expire till December 31 of the next calendar 12 months. However the Companion Move earned with these promotional presents expires on February 28, 2022, so it’s a a lot shorter period of time — practically a 12 months, relying on while you apply and full the spending requirement.

Nonetheless, if you wish to earn the move for longer, you may nonetheless do it the standard method, and these bonus presents can assist with that too. For the reason that airline counts all Southwest bank card factors towards the Companion Move, the 30,000 factors you earn as a part of these sign-up presents will even depend towards the 125,000 tier-qualifying factors wanted on this calendar 12 months for a move that lasts till the tip of 2022.

Additionally, for simply this 12 months, if you happen to had a Southwest frequent flyer account open on December 31, 2020, you must have already obtained 25,000 Companion Move-qualifying factors in your account, which means you solely need to earn 100,000 factors this 12 months.

So with the 30,000 bonus factors from these presents, you’d solely must earn 70,000 extra factors in the remainder of 2021 to get a full-length move. And there are various methods to earn these remaining Companion Move factors, akin to utilizing the Southwest purchasing portal, crediting your resort and automotive leases to Southwest, ongoing utilization of your Southwest bank card and easily flying Southwest on paid fares.

However one of many best methods is to couple one of many private Southwest bank cards with a Southwest enterprise bank card. Though Southwest now limits you to having only one private bank card at a time, there are not any restrictions on having each a private and enterprise card.

Combining a personal Southwest credit card with a business one could earn you an even longer Companion Pass.

PHOTO:
iStock

Combining a private Southwest bank card with a enterprise one may earn you a good longer Companion Move.

Proper now, you may earn an extra 60,000 bonus factors with the Southwest Fast Rewards Premier Enterprise Credit score Card after you spend $3,000 on purchases within the first three months. Add these 60,000 factors along with the 80,000 factors from any of the private card presents, and also you’ll find yourself with 140,000 whole factors, sufficient to earn the Companion Move with none extra factors.

Apply now for the Southwest Fast Rewards Premier Enterprise card.

Or, with the Southwest Fast Rewards Efficiency Enterprise card, you may earn as much as 100,000 bonus factors — 70,000 factors after you spend $5,000 on purchases within the first three months, plus an extra 30,000 factors after you spend $25,000 on purchases within the first six months of account opening. The cardboard has a $199 annual payment, however comes with the identical upgraded boardings because the Southwest Precedence card, together with just a few different perks.

Whereas the Efficiency Enterprise card can earn you the move by itself — with out even having to use for a private card — the minimal spending requirement to earn the total bonus is sort of excessive. Nonetheless, if you happen to’re solely in a position to meet the primary spending tier of $5,000, you’ll nonetheless earn 70,000 factors. Add that to the 30,000 factors from the private card, and also you’ll be over the quantity wanted to earn the move this 12 months (assuming you obtained the 25,000-point enhance for having a Southwest account on the finish of 2020).

You can also apply for the private card now and maintain off on making use of for the enterprise card sooner or later (assuming the present provide or an identical one exists by then), so that you don’t need to hit the minimal spending necessities on two playing cards on the similar time.

With three totally different private playing cards on the desk, it’s vital to know which card is greatest on your particular person wants. In case your fundamental objective is to extend your Southwest Fast Rewards factors steadiness and earn factors towards the Southwest Companion Move, then the Southwest Plus card is greatest. This card carries the bottom annual payment at simply $69 per 12 months, however presents the identical promotional Companion Move and 30,000-point sign-up bonus.

Apply now for the Southwest Fast Rewards Plus card.

The advantages of the Southwest Premier card are just like the Southwest Plus card, however you’re paying the next annual payment at $99. Though you’ll earn extra bonus factors in your card anniversaries, you don’t earn them till you full your first 12 months as a card holder and pay your second annual payment.

However if you happen to fly Southwest an honest quantity all year long — or plan to as soon as journey resumes — and also you desire a card wealthy in advantages, then the Southwest Precedence card is your only option. Though it has a considerably larger payment at $149, the advantages alone are simply price it if you should utilize them.

The Southwest Precedence card’s $75 journey credit score brings the efficient value of the cardboard down to only $74. On high of that, you’ll obtain 4 upgraded boarding per 12 months and a 20% assertion credit score on inflight drinks and Wi-Fi. When you can maximize these advantages, you may simply be forward in your first 12 months alone. And beginning along with your second 12 months, you’ll at all times be forward when you add within the 7,500 bonus factors at every card anniversary, that are price $90 in Southwest flights.

If you apply for a Southwest credit card now, you'll receive a Companion Pass and have it all the way through February 28, 2022.

PHOTO:
Southwest

When you apply for a Southwest bank card now, you may obtain a Companion Move and have it all through February 28, 2022.

Our basic rule of thumb is if you happen to’re planning on flying at the very least twice on Southwest within the subsequent 12 months, then sure, it is a nice time to use for one of many playing cards. Usually, one of many largest perks of making use of for a Southwest bank card is to get one step nearer to incomes the Companion Move, and with this specific provide, you get it as quickly as you meet the spending requirement. No hoops to leap by or additional factors to earn.

Nonetheless, if journey is actually not in your future in 2021, then we recommend holding off on making use of for a Southwest bank card. Whilst you’ll nonetheless earn 30,000 bonus factors with these presents, the larger draw is the Companion Move, and it has an early 2022 expiration date tied to it.

So, if airline perks don’t work on your journey wants proper now, apply for this card later this 12 months or subsequent 12 months while you imagine you’ll be flying once more. However if you happen to’re hoping to take to the skies regularly within the second half of 2022 and need to deliver a buddy or member of the family alongside for the journey, apply for a private Southwest bank card at present earlier than these presents vanish on March 10, 2021, and seize a Southwest Companion Move that you should utilize all through subsequent February.

For private playing cards:
Be taught extra and apply for the Southwest Plus card.
Be taught extra and apply for the Southwest Premier card.
Be taught extra and apply for the Southwest Precedence card.

For enterprise playing cards:
Be taught extra and apply for the Southwest Premier Enterprise card.
Be taught extra and apply for the Southwest Efficiency Enterprise card.

Discover out which playing cards CNN Underscored selected as its greatest bank cards of 2021.

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