Southwest has made a huge announcement. They are going to increase the bonuses on all three of their personal cards to 75,000 points. The offer is currently only available through the referral link. Which also means it is a good time for the Companion pass as well.
So you ask, how does this work exactly? Let me tell you; You will get 40,000 points after you spend $1,000 points within the first three months of opening the account. Plus, earn an additional 35,000 points after you spend $5,000 on purchases within the first six months of opening the account. Intriguing right?
Well, here are a few more details on the card that might pique your interest. A $149 annual fee on the card will be applied to your first statement; there is a $75 Southwest travel credit given each year, earn 2 points for every dollar spent on Southwest flights, and Hotel and Car rental partners, four upgraded boardings every year when available, 7500-anniversary points after your cardmember anniversary.
Some things to consider as well is that Southwest points are often worth 1.5 cents towards airfare, so the increased offer is like getting an additional $150 in value. Points earned on this promotion do not count towards your companion pass. Also, these Southwest cards are subject to Chase’s 5/24 rule. What is the 5/24 rule? A basic explanation of the rule is that if you have opened five or more revolving accounts (credit card, line of credit…etc.), you will not be approved. There are exceptions to this rule, but from experience, the Southwest card is part of the 5/24 rule.
Now how to get this offer, Do you know someone with a Southwest card that can get you a referral link? If so, I would reach out to them and see if they can get you that link so you can apply before the offer is over February 18, 2020. Southwest hasn’t had a deal better than this in a few years. So now is the time to jump on a deal like this.
Or use this link to get all of the benefits above
Earn up to 75,000 points with any Southwest® personal Credit Card and business owners can earn 60,000 points with the Premier Business Credit Card or earn 70,000 points with the Performance Business Credit Card.
Now go apply and get ready to enjoy a couple of trips on this deal.