Southwest Rapid Rewards® Performance Business: Premium Southwest Rewards for Business Travel
Earn 4X points on Southwest purchases and 2X points on eligible hotel stays, gas stations, dining, local transit, and commuting, plus enjoy upgraded boarding, a free first checked bag, 9,000 anniversary bonus points, and valuable Southwest travel perks.
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fees, welcome offers, 0% intro APR, ongoing APR, perks, benefits, and protections.
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The Southwest Rapid Rewards® Performance Business Credit Card is a premium airline business card designed for frequent Southwest Airlines travelers who want enhanced travel perks and accelerated rewards. It offers 4X points on Southwest purchases and 2X on hotels, dining, gas stations, transit, and commuting, along with valuable benefits such as upgraded boardings, a free checked bag, TSA PreCheck®, Global Entry, or NEXUS fee reimbursement, and 9,000 anniversary bonus points. The card is especially attractive for business owners pursuing Southwest Companion Pass status, since spending and welcome bonus points can help accelerate qualification. The main drawback is the relatively high annual fee compared to Southwest’s lower-tier business cards, and the benefits are heavily tied to Southwest’s route network and ecosystem. Travelers looking for lounge access, luxury travel perks, or broader airline flexibility may prefer a premium general travel card instead. Overall, this card works best for frequent Southwest business travelers who want extra travel conveniences, stronger rewards, and support toward earning Companion Pass status.
Southwest Rapid Rewards® Performance Business
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Annual fee:
$299
Intro APR
Purchases: N/A
Balance Transfers: N/A
Regular APR
19.24% - 27.74% Variable APR
Credit Score
670-850 (Good/Excellent)
Rewards Earn 4X points on Southwest Airlines® purchases, 2X points on eligible hotel stays, gas, dining, local transit and commuting. Plus, earn 1X point on all other purchases.
1x - 4x Points
Welcome Offer Earn 80,000 points after spending $5,000 in the first three months.
80,000 Points
Welcome offer
- Earn 80,000 points after spending $5,000 in the first three months.
Rewards
- 4X Points on Southwest Airlines purchases.
- 2x Points Categories:
- Hotel accommodations booked directly with the hotel
- Gas Stations
- Restaurants
- Local Transit and Commuting, including ride share services.
- 1X Point on all other purchases.
Redemption Options
- Redeem points for flights, hotel stays, car rentals, shopping, and more.
Fees and APR
- Annual Fee: $299.
- Regular APR: 19.24% - 27.74% Variable APR.
- Balance Transfer Fees: $5 or 5% of each transfer amount, whichever is greater.
- Foreign Transaction Fee: None.
Annual Credits & Statement Credits
- Anniversary Bonus Points: Receive 9,000 bonus points each year after your cardmember anniversary.
- Up to $120 Global Entry, TSA PreCheck®, or NEXUS Credit: Receive a statement credit (up to $120 every four years) as reimbursement for your Global Entry®, TSA PreCheck®, or NEXUS application fee.
Travel Benefits
- Preferred Seat Selection: Select Preferred or Standard seats at booking on eligible Southwest® flights, when available, for the cardmember and up to 8 companions on the same reservation.
- Extra Legroom Seat Upgrades: Upgrade to Extra Legroom seats within 48 hours prior to departure on eligible Southwest® flights, when available, for the cardmember and up to 8 companions on the same reservation.
- Free Checked Bag: The cardmember and up to 8 companions on the same reservation receive a free first checked bag on eligible flights.
- Group 5 Boarding: Enjoy Group 5 boarding on eligible Southwest® flights for the cardmember and up to 8 companions on the same reservation.
- 25% Inflight Savings: Get 25% back as a statement credit on eligible Southwest Airlines® inflight purchases like drinks and Wi-Fi when paying with your card.
- Companion Pass Qualifying Points Boost: Receive 10,000 Companion Pass qualifying points each calendar year to help earn Southwest® Companion Pass status faster.
Airline Elite Status - Southwest Rapid Rewards®
- 2,500 Tier Qualifying Points (TQPs): Earn 2,500 TQPs for every $5,000 spent in purchases annually to help qualify for Southwest Rapid Rewards® A-List or A-List Preferred status.
Travel Protections
- Lost Luggage Reimbursement: Get up to $3,000 per covered traveler to repair or replace checked or carry-on baggage that is lost, damaged, or stolen during a covered trip.
- Baggage Delay Insurance: Get reimbursed up to $100 per day for up to 3 days for essential purchases if your baggage is delayed more than 6 hours.
Purchase Protections
- Purchase Protection: Covers new purchases for 120 days against damage or theft, up to $10,000 per claim and $50,000 per account.
- Extended Warranty: Extends warranty coverage by one additional year on original eligible warranties of three years or less.
Business Tools & Controls
- Free Employee Cards: Add employee cards at no extra cost, earn rewards on their purchases, and set individual spending limits.
Buy Now, Pay Later Options
- Chase Pay Over Time®: Split eligible purchases into fixed monthly payments with no interest, just a fixed monthly fee shown upfront.
Terms and Conditions
- Click Apply Now to see the terms and conditions.