Our illustration in the card’s colours, not its design
Chase credit card
Southwest Rapid Rewards Premier Credit Card
- Bonus up · 55,000 to 85,000 · Nov 1, 2026
- APR up · 19.24% to 19.49% · Oct 10, 2026
$149 a year. 85,000 points after you spend $2,000 in 3 months. Purchase APR 19.49–27.99%, variable. No foreign transaction fees.
Checked Nov 8, 2026Updated
- Welcome offer
- Receipt · Welcome offerChecked Nov 8, 2026
Issuer's page · chase.com
“Earn 85,000 bonus points”
- Annual fee
- Receipt · Annual feeChecked Nov 8, 2026
Issuer's page · sites.chase.com
“$149”
- Purchase APR · variable
- Receipt · Purchase APRChecked Nov 8, 2026
Issuer's page · chase.com
“19.49%– 27.99% variable APR. †”
- Foreign transactions
- Receipt · Foreign transactionsChecked Nov 8, 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
85,000 points
After you spend $2,000 on purchases in your first 3 months.
- Spending it takes
- $667 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. Card account must be open and not in default at time of fulfillment. Balance transfers, cash advances, cash-like transactions, gambling and betting transactions, person-to-person transfers, interest, unauthorized or fraudulent charges, and fees (including the annual fee) do not count as purchases. Not available to current Southwest Rapid Rewards Credit Cardmembers or to previous Cardmembers who received a new Cardmember bonus within the last 24 months.
- Larger than about 90% of the 44 other points bonuses we track.
Who can get it: If you’ve had a bonus on this card or one of its family in the last 24 months (2 years), you can’t get it again yet.
“The credit card is not available to either (i) current Cardmembers of any Southwest Rapid Rewards ® Credit Card, or (ii) previous Cardmembers of any Southwest Rapid Rewards Credit Card who received a new Cardmember bonus within the last 24 months.”
The issuer’s terms, from its page, as of Oct 12, 2026. Check which bonuses you can get
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 | −$150 | −$150 | |
| Typical spender | −$150 | −$150 | |
| Heavy spender | −$150 | −$150 |
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¢; rewards spendable only with Southwest Rapid Rewards: not counted (brand_rewards).
−$150a year
The same in the first year and after.
Rewards and credits$0
−$150 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¢; rewards spendable only with Southwest Rapid Rewards: not counted (brand_rewards).
−$150a year
The same in the first year and after.
Rewards and credits$0
−$150 after the fee−$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¢; rewards spendable only with Southwest Rapid Rewards: not counted (brand_rewards).
−$150a year
The same in the first year and after.
Rewards and credits$0
−$150 after the fee−$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¢; rewards spendable only with Southwest Rapid Rewards: not counted (brand_rewards).
Use your own spending
Estimates from the published terms above, as checked Nov 8, 2026; not advice. How we value cards
Against the market
How it compares
- 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+$775 a year
- Hilton Honors American Express SurpassAmerican Express · $150 a year+$650 a year
- Business Essentials PlusUS Bank · $295 a year+$565 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 Rapid Rewards
How you earn
- 3×
- Southwest Airlines purchases, including flight, inflight, Southwest gift cards, and Getaways by Southwest packagesQualifying Lyft products and services, including rideshare, bike and scooter rides, and subscription and membership products
- 2×
- Grocery storesDining at restaurants
- 1×
- Everything else
Points per dollar. “What it’s worth” values a point at an assumed 1¢.
Benefits
- Monthly Instacart app credit: $10 monthly
- DoorDash $10 off non-restaurant order (activated on or after 09/01/2026): $10 monthly
- DoorDash $10 off non-restaurant order (activated 02/01/2025 to 08/31/2026): $10 quarterly
- Baggage: Up to $3,000 per covered traveler; New York residents are additionally limited to $2,000 per bag and $10,000 for all covered travelers per trip.
- Baggage: Up to $100 a day for up to 3 days
All 7 benefits
- Extended warranty: Up to four years from the date of purchase
- Purchase protection: Up to $500 per item; for New York residents, the coverage period is 90 days
Changes
- Nov 1, 2026 Bonus 55,000 to 85,000
- Oct 10, 2026 APR 19.24% to 19.49%
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 8, 2026 Issuer's page · sites.chase.com “$149” |
|---|---|
| Purchase APR | Receipt · Purchase APRChecked Nov 8, 2026 Issuer's page · chase.com “19.49%– 27.99% variable APR. †” |
| Balance transfer APR | Receipt · Balance transfer APRChecked Nov 8, 2026 Issuer's page · chase.com “19.49%– 27.99% variable APR. †” |
| Balance transfer fee | Receipt · Balance transfer feeChecked Nov 8, 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 8, 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)
- The bonus: If you’ve had a bonus on this card or one of its family in the last 24 months (2 years), you can’t get it again yet.
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 · chase.com, since Oct 10, 2026
- Is there a welcome bonus?
- 85,000 points after $2,000 in purchases in 3 months. · chase.com, since Nov 1, 2026