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. For most, its value is mostly up front in the welcome bonus rather than ongoing perks. 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 | 18% | May ’26 |
PUBLIC ATH | 120,000$10k · 90d | $1,560 | $1,440 | 14% | Oct ’25 |
AF $199 → $299 · Jul 2025 | |||||
What you get
- Global Entry credit$120one-time
Up to $120 every four years toward a Global Entry or TSA PreCheck application fee, as a statement credit.
- 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 you and up to 8 companions on the same reservation.
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
standard values| SUB value | +$1,040 |
| 80,000 Southwest × | |
| Benefits (Year 1) | +$179 |
↳ $307 at sticker value — before custom valuations Ongoing 9k anniversary points(9,000 Southwest · $117 × ) 9k anniversary points 9,000 Southwest · $117 × $117 Free checked bag($70 × ) Free checked bag $70 × ~$32 One-time Global Entry credit($120 × ) Global Entry credit $120 × $30 | |
| Annual fee | −$299 |
| Year 1 | $920 |
| Return for spending $5k | 18% |
Sign in to fold in your eligibility, spend-fit, and 5/24.
Related cards
Southwest Rapid Rewards Performance Business scores 39 here on standard point values. See where it ranks against every card, scored for your points, spend, and eligibility.
Open the ranked table →