For a limited time, all three Southwest consumer credit cards are altering their welcome offers for new cardholders.
NerdWallet values Southwest miles at 1.5 cents, which means this new bonus is worth around $1,000, including the $400 statement credit, which can help holders reduce the balance they owe.
Overall, this limited-time offer is worth more than what each card generally offers, although it does require a higher spending threshold. Previously, for example, new holders of each card could earn 50,000 bonus points after spending $1,000 on purchases in the first three months.
Apart from this new sign-up bonus, all other benefits of the three Southwest cards are staying the same:
Southwest Rapid Rewards® Priority Credit Card
Southwest Rapid Rewards® Premier Credit Card
Southwest Rapid Rewards® Plus Credit Card
Earning rates
• 3 points per $1 spent on Southwest purchases.
• 2 points per $1 on Rapid Rewards hotel and car rental partner purchases.
• 2 points per $1 on local transit and commuting, including rideshare.
• 2 points per $1 on internet, cable, phone services and select streaming.
• 1 point per $1 on all other purchases.
• 3 points per $1 spent on Southwest purchases.
• 2 points per $1 on Rapid Rewards hotel and car rental partner purchases.
• 2 points per $1 on local transit and commuting, including rideshare.
• 2 points per $1 on internet, cable, phone services and select streaming.
• 1 point per $1 on all other purchases.
• 2 points per $1 spent on Southwest purchases.
• 2 points per $1 on Rapid Rewards hotel and car rental partner purchases.
• 2 points per $1 on local transit and commuting, including rideshare.
• 2 points per $1 on internet, cable, phone services and select streaming.
• 1 point per $1 on all other purchases.
Other benefits
• Reimbursement for 4 upgraded boardings, when available, each anniversary year.
• $75 Southwest travel credit each year.
• 7,500-point anniversary bonus each year.
• Reimbursement for 2 EarlyBird check-ins each anniversary year.
• 6,000-point anniversary bonus each year.
• Reimbursement for 2 EarlyBird check-ins each anniversary year.
• 3,000-point anniversary bonus each year.
Information related to the Southwest Rapid Rewards® Premier Credit Card has been collected by NerdWallet and has not been reviewed or provided by the issuer of this card.
