In case you are a Southwest Airways flier wanting so as to add to your Speedy Rewards Factors stability, you is perhaps wanting on the Southwest Speedy Rewards Premier card and the card_name.
The Southwest Speedy Rewards Premier card options elevated earnings of three factors per greenback on Southwest purchases, a 6,000 level bonus yearly in your cardmember anniversary, and a path to incomes extra Tier Qualifying Factors towards A-Record standing.
The card_name provides a strong set of journey and shopper insurance coverage protections, plus elevated earnings on journey purchases, eating, on-line grocery purchases, and streaming companies. The card_name provides factors that may be transferred to airline companions together with Southwest, providing you with some choice worth to make use of factors along with your most well-liked airline or hold them for higher-value redemptions
For most individuals, the card_name is the higher selection.
On this overview, we’ll spotlight each playing cards, present you the advantages and rewards provided by every and allow you to determine which card is best for you.
How the playing cards stack up
Right here’s how the Southwest Speedy Rewards Premier Credit score Card and card_name playing cards stack up:
|
|
|
|
Different Advantages (or Extra Perks) |
|
|
Welcome bonus winner
The card_name allow new cardholder to bonus_miles_full The welcome bonus on the Southwest Premier card is comparable, at 60,000 bonus factors plus a 30% off promo code after spending $3,000 on purchases within the first 3 months from account opening.
Whereas the decrease spending threshold of $3,000 could make the Southwest Premier card’s welcome bonus extra engaging to some, we predict that the card_name’s welcome bonus provides a greater worth. You get barely extra factors, however the factors can be utilized for cash-back redemptions, journey redemptions by way of Chase Final Rewards at 1.25 cents every, or transferred to companions like Southwest Airways. The choice worth of Final Rewards factors provides Chase the sting.
Winner: card_name
Rewards winner
The card_name is far-and-away the winner with regards to rewards. Intuitively, Chase Final Rewards factors are value greater than Southwest Airways factors as a result of they are often transferred to Southwest Airways, along with getting used for a wide range of different redemptions. The choice worth of Final Rewards factors alone makes them a extra compelling forex to earn your rewards.
However you additionally earn extra factors on a lot of the purchases you make. When you’re reserving lodges, you’ll earn two Southwest factors per greenback with the Southwest Premier once you guide by way of their companions, however Chase offers you two Final Rewards factors for any lodge reserving, or 5 once you guide by way of Chase Final Rewards.
With the card_name, you’ll additionally earn extra on eating, different journey classes, streaming and on-line grocery retailer purchases. You’ll solely earn extra with the Southwest Airways card once you fly on Southwest, once you use the cardboard for native commuting that Chase doesn’t embody as journey, and once you pay your web and cellphone invoice.
When you’re like most cardmembers, you’ll earn extra factors total with the card_name and the factors you earn will likely be extra versatile.
Winner: card_name
Annual payment winner
The card_name’s annual payment of annual_fees beats the annual payment charged by the Southwest Premier card ($99 annual payment) by $4.00. Technically, the card_name wins this class. Substantively, a $4 distinction in annual payment gained’t make a lot distinction to most cardmembers.
Winner: card_name
APR winner
Each the card_name and the Southwest Premier playing cards carry a variable APR on purchases that ranges from reg_apr,reg_apr_type, primarily based on creditworthiness. When playing cards share the identical APR vary on purchases, you possibly can steadily discover variations once you examine the opposite APRs just like the stability switch or money advance APRs.
On this case, digging deeper reveals no variations between the playing cards. The playing cards even have the identical My Chase Mortgage APR, the identical stability switch APR, the identical money advance APR and the identical penalty APR. This class is an actual tie.
Winner: Tie
Overseas transaction payment winner
Chase provides each the card_name and the Southwest Premier with foreign_transaction_fee overseas transaction payment, that means each of those playing cards could be a good choice to hold when touring overseas.
Winner: Tie
Extra perks
In relation to extra perks, the card_name is as soon as once more the winner.
The cardboard’s flagship perks embody journey cancellation/interruption insurance coverage, major auto rental collision harm waiver insurance coverage, baggage delay insurance coverage, and journey delay reimbursement, all helpful protections in case you are searching for a card you need to use to guide journey.
However the card_name additionally is sensible as your go-to card for buying objects with warranties, because it options each buy safety and prolonged guarantee safety.
The Southwest Premier card provides none of those protections, however you do get 10,000 Companion Cross qualifying factors and two EarlyBird Examine-Ins annually. Plus, should you’re going after A-Record standing, you earn 1,500 Tier Qualifying Factors for each $10,000 you spend.
On stability, the Southwest Airways card will get you nearer to A-Record standing and a companion cross, however the card_name provides insurance coverage protections that may profit you on each journey you are taking, no matter airline.
Winner: card_name
Which card earns essentially the most?
When you’re like most vacationers, you’re prone to earn extra with the card_name. Once you journey solely with Southwest Airways and guide your entire lodges and automotive leases by way of Southwest’s companions, you may eke out barely extra factors. However this isn’t sensible for many vacationers.
journey, purchases made with Southwest Airways will earn another level per greenback with the Southwest card than they are going to with the card_name. However virtually your entire different journey will earn extra with the card_name, particularly if you’ll be able to guide by way of Chase Final Rewards and benefit from the 5 factors per greenback that the cardboard provides for these bookings. Generally, the extra you journey, the extra you’ll earn with the card_name.
With the card_name, you’ll earn three factors per greenback on eating and on-line grocery retailer purchases. These classes will solely earn one level per greenback as normal purchases on the Southwest Premier card.
The Southwest Airways Premier card does supply barely extra factors for some native transit and commuting bills. (The card_name counts rideshare companies like Uber and Lyft as journey purchases.) And also you’ll earn another level per greenback in your web, cable, and cellphone spending. However a $100 month-to-month cellphone invoice and a $200 spent on public transportation month-to-month quantities to solely an additional 3,600 factors a yr with the Southwest card. This quantity is prone to be rapidly eclipsed by extra earnings elsewhere.
Here’s what every card earns in its spending classes:
|
|
Our Take
Why We Suggest the card_name
For many vacationers, the card_name will earn you extra factors which are extra versatile whereas providing helpful journey insurance coverage protections. With the restricted exceptions of Southwest Airways flights and a handful of classes the place you’re prone to spend solely a restricted amount of cash every month, you’ll earn extra factors on virtually your entire spending with the card_name.
As a result of the card_name earns Final Rewards quite than Southwest factors, you have got extra choice worth making your factors each extra versatile and extra precious. You may switch them to Southwest, convert them to money at one cent per level, use them to guide journey by way of Chase Final Rewards at 1.25 cents per level, or switch your factors to journey companions for worldwide flights on world airways or lodge stays.
Lastly, the card_name provides robust bank card journey insurance coverage protections and an prolonged guarantee profit.
General, the card_name provides a bundle that features extra incomes, a extra versatile rewards forex, and higher advantages.
Why you’d nonetheless go for the Southwest Speedy Rewards Premier
Seemingly the one motive you’d go for the Southwest Speedy Rewards Premier card over the card_name is in case you are chasing the Southwest Companion Cross or A-Record standing with the airline. Factors transferred from Chase Final Rewards don’t depend for both the Southwest Companion Cross or A-Record standing qualification. When you’re going for both of these advantages with Southwest, think about sticking with the Southwest Speedy Rewards Premier card.
Backside Line: Extra Values for Vacationers
For many competing mid-tier premium journey playing cards, providing extra worth to vacationers than the card_name provides is a heavy carry. Between incomes extra factors on most purchases, accumulating rewards in a versatile, transferable level forex, and providing a strong suite of journey insurances, the card_name delivers a worth bundle that isn’t matched by the Southwest Speedy Rewards Premier. Most vacationers searching for a journey bank card ought to select the card_name.
Ceaselessly requested questions (FAQs)
Do Chase Final Rewards depend in direction of the Companion Cross if I switch to Southwest?
Chase Final Rewards transferred to Southwest don’t depend towards both the Companion Cross or A-Record standing.
Can I’ve a card_name and a Southwest Speedy Rewards bank card on the identical time?
Chase means that you can have a number of Southwest Airways bank cards, or a card_name and a number of Southwest Airways bank cards. You cannot maintain a couple of Chase Sapphire card.
Does Chase Sapphire work with Southwest?
The card_name and card_name playing cards earn Final Rewards factors, which could be transferred to Southwest once you maintain both card. Holding both card additionally means that you can convert Final Rewards factors you earn on different playing cards, such because the Chase Freedom Flex and card_name, to Southwest Speedy Rewards
Is card_name Good for flights?
The card_name is a wonderful card to make use of to guide your flights. The cardboard earns two factors per greenback on all journey, or 5 factors per greenback should you guide your journey by way of Chase Final Rewards. Plus, the cardboard provides journey delay insurance coverage and journey cancellation/interruption insurance coverage.