Chase
Southwest Rapid Rewards Performance Business
What it is
The Southwest Rapid Rewards Performance Business is a Chase business card earning Southwest Rapid Rewards points. It's mainly a sign-up-bonus play: earn the bonus, then keep or close. The top Southwest business card and the strongest single-card route to the Companion Pass, earned on a separate business line.
Offer history
Value is the welcome bonus at your valuations. The Year 1 total also counts recurring benefits and subtracts the annual fee. Spend / mo (the dashed line, right axis) is the monthly pace to clear the minimum spend in time — shown on every view so the spend stays in context.
| Offer | Bonus | Value | Year 1 | Return | Date |
|---|---|---|---|---|---|
PUBLIC | 80,000$5k · 90d | $1,040 | $920 | 21% | May ’26 |
PUBLIC ATH | 120,000$10k · 90d | $1,560 | $1,440 | 16% | Oct ’25 |
AF $199 → $299 · Jul 2025 | |||||
What you get
- Global Entry credit$120one-time
Up to $120 GE/TSA PreCheck/NEXUS credit, once every 4 years (RETAINED through the refresh, confirmed issuer page 2026-06-09). period=once.
- 9k anniversary points$117per year
9,000 anniversary points each year after Cardmember anniversary. · up to 9,000 Southwest
- Free checked bag$70per year
Free first checked bag for cardholder + up to 8 on the same reservation (2025 refresh). Editorial ~$70/yr.
Dollar figures are the benefit’s face value. What it’s worth to you — after realistic usage and your own point values — is in the receipt below.
The receipt
default values| SUB value | +$1,040 |
| 80,000 Southwest × 1.30¢/pt | |
| Ongoing benefits (yr 1) | +$149 |
9k anniversary points(9,000 Southwest · $117 × 100%) 9k anniversary points 9,000 Southwest · $117 × 100% $117 Free checked bag($70 × 45%) Free checked bag $70 × 45% $32 | |
| One-time benefits (yr 1) | +$30 |
Global Entry credit($120 × 25%) Global Entry credit $120 × 25% $30 | |
| Annual fee | −$299 |
| Year 1 | $920 |
| Return on $5k MSR | 21% |
Your score sharpens once you sign in — we add eligibility, spend-fit, and 5/24.
Related cards
Southwest Rapid Rewards Performance Business scores 36 here on default point values. See where it ranks against every card, scored for your points, spend, and eligibility.
Open the ranked table →