Commerce Content is independent of Editorial and Advertising, and if you buy something through our posts, we may get a small share of the sale. Click here for more.

Last Chance to Get Up to 60,000 Points With a New Southwest Credit Card

Photo: The Points Guy
Credit CardsCredit CardsLet us help you navigate the complex world of credit cards and rewards points.
Note: the offers mentioned below are subject to change at any time and some may no longer be available.

Update: This promotion ends on Wednesday, so apply now if you want to be eligible.

We’re big fans of Southwest’s Rapid Rewards credit cards, but primarily because of the flexibility of the program and the generous welcome bonuses. If you’ve been waiting on a special offer to apply for a card, a newly launchedwelcome bonuses can net you up to 60,000 points.

Advertisement

With any of the three consumer cards from Southwest, you’ll still receive the standard 40,000 points after spending $1,000 in your first three months. But now, you can also get an extra 20,000 point bonus for spending $12,000 total in your first cardmember year.

So let’s do the math

  • You’ll have to spend an additional $11,000 after receiving your first bonus to get the extra 20,000 points. That works out to just over 1.82 points per dollar.
  • But you’ll also earn your standard 1 point per dollar on that spend, or 2 points per dollar spent on Southwest purchases. For the sake of argument, we’ll assume all of the purchases are non-Southwest. This brings you up to 2.82 points per dollar on that $11,000 in additional spend.
  • The Points Guy values Southwest Rapid Rewards points at 1.5 cents each, meaning your 2.82 points per dollar works out to over 4.2 cents of value per dollar spent. That’s a solid return!
Advertisement

Plus, all of those points you earn go towards your Companion Pass status, which is one of the most lucrative perks in the airline industry.

The welcome offer is the same across all three of Southwest’s cards, so here’s a quick recap of the differences between them:

Advertisement

Assuming you’ll use that $75 Southwest travel credit, we think the Priority Card is a no-brainer. Now go start planning that trip to Hawaii.

Advertisement

G/O Media Commerce has partnered with The Points Guy Affiliate Network for our coverage of credit products. Gizmodo Media Group and The Points Guy may receive a commission from card issuers.

Advertisement

Share This Story

About the author

Shep McAllister

Senior Director of Commerce | Send deal submissions to deals@gizmodomedia.com