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Southwest Rapid Rewards Premier Business card art

Chase

Southwest Rapid Rewards Premier Business

AF $149BUSINESS

What it is

The Southwest Rapid Rewards Premier 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. A Southwest business card — its points count toward the Companion Pass on a separate business line, so it doesn't compete with the personal Southwest bonus pool.

Offer history

Current offer
60,000
$780 bonus · $741 year 1
Spend to earn
$3k
~$1,000/mo · 90d
All-time high
120,000
Jun ’24
Timing
50% below
vs all-time high
Value over time
Plot
$600$800$1,000$1,200$1,400$1,600$0$500$1k$1.5k$2kAF $99->$149; anniversary stays 6,000. Added free first checked bag, no FX fee, Group 5 boarding, 48h advance seat selection, new earning categories.AF $99 → $149Jul ’23Jun ’24May ’26now
Year 1 (incl. perks)Bonus $Spend / mo (right)All-time highProduct refresh

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.

OfferBonusValueYear 1ReturnDate
PUBLIC
60,000$3k · 90d$780$74125%May ’26
AF $99 → $149 · Jul 2025
PUBLIC
ATH
120,000$15k · 270d$1,560$1,53910%Jun ’24
PUBLIC
120,000$15k · 270d$1,560$1,53910%Jul ’23

What you get

No foreign transaction feesPrimary rental car insurance
  • 6k anniversary points$78per year

    6,000 anniversary points each year after Cardmember anniversary. · up to 6,000 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+$780
60,000 Southwest ×
Benefits (Year 1)+$110
↳ $148 at sticker value — before custom valuations
6k anniversary points
6,000 Southwest · $78 ×
$78
Free checked bag
$70 ×
~$32
Annual fee−$149
Year 1$741
Return for spending $3k25%
Score
Payout
$741
ROI
25%
Value (39% payout · 61% ROI — leans ROI for your spend)42
× Timing below its all-time high-10%
× Keeper ongoing value under the annual fee-1%
Base score37.1

Sign in to fold in your eligibility, spend-fit, and 5/24.

Thiccscore37 / 100

Related cards

Southwest Rapid Rewards Premier Business scores 37 here on standard point values. See where it ranks against every card, scored for your points, spend, and eligibility.

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