Obviously the past is no guarantee of the future, but if you look at how often Southwest has offered the 50,000 points bonus, you will notice they typically only do it a couple times per year. And given how lucrative it is, I understand why.
If you use the 50,000 Rapid Rewards points for “Wanna Get Away” airfare, you can get over $800 worth ($833.33 to be exact). That’s one monster of a credit card signup bonus, it’s enough for 2 roundtrip flights!
But keep in mind you are not getting 2 free flights because you will still have to pay the annual fee for the card ($99, which is NOT waived the first year) and the applicable govt taxes/fees on the flights (which are as low as $10 per flight). Plus, there’s the minimum spend requirement to get the 50,000 bonus points.
Update: November 17, 2013 – The SWA Rapid Rewards Premier offer for 50,000 bonus points has been discontinued. Based on history of when they run the offer, my guess is it they bring it back it won’t be until the 2nd quarter of 2014.
But at the moment YOU CAN EARN A RIDICULOUSLY BIG BONUS WORTH $440 with a different card from Barlcays…
Barclaycard Arrival World MasterCard – Last month Money Magazine crowned this The Best Travel Rewards Card of 2013. Why? Because you earn 2.2% on everything you buy!
It works like this: 2 miles per dollar on every purchase. 1 mile = 1 cent statement to offset ANY travel purchase you make. So right there that’s a cool 2% rebate value.
Then every time you cash out your miles, you get 10% of them to use again. For example, if you spent 20,000 miles on something, they’re going to give you 2,000 back to re-use.
When all is said and done, that’s a 2.2% rewards value on your spending!
Obviously 2.2% is good enough on its own, but then when you add in the limited-time bonus they’re running, it’s too good to pass up on. The spend requirement to earn these bonus miles it easy to meet: just spent $1,000 or more during the first 90 days:
You can spend those miles on any travel purchase – even to offset your Southwest Airlines flight purchases made with the card.What else can you do when the 50,000 bonus points for Southwest Airlines Visa card isn’t available? And/or what if you’re just in a hurry to get even more points?
Get CSP and Ink Plus for 90,000 points?
First of all let me start out by saying that these signup offers are subject to change without notice. As I write this (Nov 17, 2013) the offers were as stated below. But those can be changed/discontinued at any time. Click on the links below which will take you to my updated reviews to see the current bonus amounts.
- Chase Sapphire Preferred = 40,000 points after spending $3k within the first 3 months (read review to see current bonus)
- Chase Ink Plus Business Card = 50,000 pts after $5k spend in 3 mo. (read review to see current bonus)
Both of these Chase cards participate in the Ultimate Rewards program, which means you can convert your points to partner airlines on a 1 for 1 basis. And guess who one of those partners happens to be? Yep, good ol’ Southwest.
So if you need even more Rapid Rewards points – and another credit card or two – then this duo or trio is the perfect choice.
When you combine all the bonuses, that can be up to 90,000 Southwest points. Assuming you have fewer kids than octomom, this amount of points should help reduce costs big time for taking your family on a vacation.
- Sapphire Preferred
Use for 2x points on dining (which includes restaurants and fast food), concierge, and for those moments you want to feel flashy because the card is made out of metal.
- Ink Plus Business Card
Use it for the 5x points on the first $50k spent annually at office supply stores, and on cell phone, landline, internet, and cable TV services. You also get 2x points on the first $50k spent at gas stations and hotels (when booked directly with the hotel, not thru a 3rd party). If you are an individual in business you can apply for this as a sole proprietor using your SSN (instead of a business tax ID number) and your personal name for the business name.
This review was written or last updated November 17, 2013