Our illustration in the card’s colours, not its design
Chase credit card
Southwest Rapid Rewards Premier Business Credit Card
- Bonus down · 80,000 to 60,000 · Nov 1, 2026
$149 a year. 60,000 points after you spend $3,000 in 3 months. Purchase APR 19.49–27.99%, variable. No foreign transaction fees.
Checked Nov 1, 2026Updated
- Welcome offer
- Receipt · Welcome offerChecked Nov 1, 2026
Issuer's page · chase.com
“Earn 60,000 points”
- Annual fee
- Receipt · Annual feeChecked Nov 1, 2026
Issuer's page · sites.chase.com
“$149”
- Purchase APR · variable
- Receipt · Purchase APRChecked Nov 1, 2026
Issuer's page · sites.chase.com
“19.49% to 27.99% , based on your creditworthiness and other factors.”
- Foreign transactions
- Receipt · Foreign transactionsChecked Nov 1, 2026
Issuer's page · sites.chase.com
The source states this figure; we have no exact sentence on file yet.
Select an underlined figure to see where it comes from.
Chase’s terms
Welcome offer
60,000 points
After you spend $3,000 on purchases in your first 3 months.
- Spending it takes
- $1,000 a month
- for 3 months
- Tracking since
- Nov 1, 2026
- history will chart every change
Bonus posts to the Rapid Rewards account within 6 to 8 weeks after qualifying. Account must be open and not in default at the time of fulfillment. Balance transfers, cash advances, cash-like transactions, betting transactions, person-to-person transfers, interest, and fees (including annual fee) do not count as purchases.
- Larger than about 75% of the 44 other points bonuses we track.
In dollars
What it’s worth
Yearly value in dollars: rewards and credits minus the annual fee, for three ways of spending. First year includes any welcome bonus.
| Spending | Value against the fee | First year | After |
|---|---|---|---|
| Light spender | $595 | −$5 | |
| Typical spender | $810 | $210 | |
| Heavy spender | $1,190 | $590 |
The spending each assumes, and what isn’t counted
- Light spender: groceries $300, dining $100, gas $100, everything else $500 a month
- Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250 a month
- Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500 a month
Assumed: points valued at an assumed 1¢.
−$5a year
$595 the first year, with the welcome bonus.
Rewards and credits$145
−$5 after the fee−$150 annual fee
The spending this assumes
A month: groceries $300, dining $100, gas $100, everything else $500. Assumed: points valued at an assumed 1¢.
$210a year
$810 the first year, with the welcome bonus.
Rewards and credits$360
You keep $210−$150 annual fee
The spending this assumes
A month: groceries $600, dining $300, gas $200, travel $150, everything else $1,250. Assumed: points valued at an assumed 1¢.
$590a year
$1,190 the first year, with the welcome bonus.
Rewards and credits$740
You keep $590−$150 annual fee
The spending this assumes
A month: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500. Assumed: points valued at an assumed 1¢.
Use your own spending
Estimates from the published terms above, as checked Nov 1, 2026; not advice. How we value cards
Against the market
How it compares
Worth more to a typical spender than about 65% of the 732 cards we track.
- Lower top APR than about 40% of the 163 cards on our Sign-up bonuses list (see the list).
Other points cards with fees up to $300
- WealthRegions · $125 a year+$415 a year
- Hilton Honors American Express SurpassAmerican Express · $150 a year+$290 a year
- Business Essentials PlusUS Bank · $295 a year+$205 a year
Against this card, for our typical spender’s value (rewards and credits minus fees, after the first year).
Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method
Southwest Airlines Rapid Rewards
How you earn
- 3×
- Purchases made directly with Southwest Airlines, including flight, inflight, Southwest gift cards, and Getaways by Southwest packages
- 2×
- Gas stationsDining at restaurants
- 1×
- Everything else
Points per dollar. “What it’s worth” values a point at an assumed 1¢.
Benefits
- Baggage: Up to $3,000 per covered traveler; for New York residents, additionally limited to $2,000 per bag and $10,000 for all covered travelers per trip
- Baggage: Up to $100 per day for up to 3 days
- Extended warranty
- Purchase protection: Up to $10,000 per item; for New York residents, the coverage period is 90 days from the date of purchase
Changes
- Nov 1, 2026 Bonus 80,000 to 60,000
Only changes that held for at least three days on both sides count; one-day blips in a reading don’t.
Every figure with its receipt
Rates and fees
| Annual fee | Receipt · Annual feeChecked Nov 1, 2026 Issuer's page · sites.chase.com “$149” |
|---|---|
| Purchase APR | Receipt · Purchase APRChecked Nov 1, 2026 Issuer's page · sites.chase.com “19.49% to 27.99% , based on your creditworthiness and other factors.” |
| Balance transfer APR | Receipt · Balance transfer APRChecked Nov 1, 2026 Issuer's page · sites.chase.com “19.49% to 27.99% , based on your creditworthiness and other factors.” |
| Balance transfer fee | Receipt · Balance transfer feeChecked Nov 1, 2026 Issuer's page · sites.chase.com “Either $5 or 5% of the amount of each transfer, whichever is greater.” |
| Foreign transactions | Receipt · Foreign transactionsChecked Nov 1, 2026 Issuer's page · sites.chase.com The source states this figure; we have no exact sentence on file yet. |
Before you apply
- What the application asks: your name, address, date of birth, Social Security number (or ITIN), income and housing payment. By law the issuer must consider your ability to pay (Regulation Z, 1026.51).
- Your credit report: applying usually means a hard inquiry, which can lower your score slightly for a while. Some issuers let you check whether you’re pre-approved first without one. How credit reports work (CFPB)
Questions
- What is the annual fee?
- $149 · sites.chase.com, since Sep 29, 2026
- Does it charge a foreign transaction fee?
- No. · sites.chase.com, since Oct 11, 2026
- What is the purchase APR?
- 19.49–27.99% APR · sites.chase.com, since Sep 29, 2026
- Is there a welcome bonus?
- 60,000 points after $3,000 in purchases in 3 months. · chase.com, since Nov 1, 2026