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Southwest Rapid Rewards® Performance Business Credit Card review

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Advertiser Disclosure

Annual Fee
$199.00
Interest Rate: Purchases
16.74% ‐ 23.74% (Variable)
Interest Rate: Purchases
16.74% ‐ 23.74% (Variable)
Balance Transfer
16.74% ‐ 23.74% (Variable)
Balance Transfer
16.74% ‐ 23.74% (Variable)
Rewards
1 - 4 points
Rewards
1 - 4 points
Signup Bonus
80000 points (after spending $5,000)
Signup Bonus
80000 points (after spending $5,000)


8.4/10
Informr score
The Southwest Rapid Rewards® Performance Business Credit Card currently has an Informr score of 8.4 out of 10. This score is based on our evaluation of 17 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Southwest Rapid Rewards® Performance Business Credit Card is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


CNBC
CNBC

The Southwest® Rapid Rewards® Performance Business Credit Card is definitely worth considering if you’re looking to earn rewards for your business purchases and save more on flight costs.

- Brett Holzhauer, CNBC
One Mile at a Time
One Mile at a Time

The Southwest Performance Business Card is exceptional, and I’d argue it’s the single best Southwest Airlines credit card. In addition to the huge bonus of 80K points, the card also offers 9,000 anniversary bonus points, 365 Wi-Fi credits per year, four upgraded boardings per year, a $500 credit tow...

- Ben Schlappig, One Mile at a Time
ValuePenguin
ValuePenguin

The Southwest® Rapid Rewards® Performance Business Credit Card is a solid option for small business owners who regularly fly Southwest Airlines. Although its $199 annual fee is higher than that of other business credit cards, it has a large welcome offer that can also get you close to earning the So...

- Dan Miller, ValuePenguin
Fit Small Business
Fit Small Business

The Southwest Rapid Rewards® Performance Business Credit Card is best for business owners who are Southwest Airlines frequent flyers and want to enjoy premium travel benefits.

- Benilyn Formoso - Suralta, Fit Small Business
MyBankTracker
MyBankTracker

The is most likely to appeal to business travelers who fly Southwest regularly and want to earn solid rewards. This card is also a good choice if you're angling to earn the Companion Pass. However, keep in mind:  You might think twice about this card if you travel internationally more than domestica...

- Rebecca Lake, MyBankTracker

Details


Interest Rates
Regular APR Interest Rate 16.74% ‐ 23.74% (Variable)
Balance Transfer Interest Rate 16.74% ‐ 23.74% (Variable)
Cash Advance Interest Rate 25.74% (Variable)
Rates & Fees
Annual Fee $199.00
Balance Transfer Fee 5%

Minimum of $5

Cash Advance Fee 5%

Minimum of $15

Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $40.00

Maximum

Promotions
Sign up bonus 80000 points after spending $5,000

On purchases within the first 3 months.

Rewards
All Purchases 1 point per $1 spent
Restaurants No
Gas No
Groceries No
Hotels 3 points per $1 spent
Travel 4 points per $1 spent

On Southwest Airlines® purchases

Pharmacy No
Bills 2 points per $1 spent

On internet, cable, and phone services

Additional Details
  • Earn 2 points per $1 spent on social media and search engine advertising
  • Earn 2 points per $1 spent on local transit and commuting, including rideshare
  • Earn 3 points per $1 spent on car rental partners
  • Get 9,000 points every year on your Cardmember anniversary.
  • 1,500 tier qualifying points towards A-List status for every $10,000 spent
  • $500 fee credit for points transfers per year
Features & Benefits
Additional Card Holders

Employee cards at no additional cost and earn points on employee spending

Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability No
No Foreign Transaction Fees Yes
Emergency Assistance Yes
Concierge Service No
Price Protection No
Fraud Protection No
Free Credit Scores No
Wireless Payments Apple Pay, Samsung Pay, Google Pay
Virtual Cards No
Additional Benefits
  • Four Upgraded Boardings per year when available
  • Inflight WiFi Credits
  • Global Entry or TSA Pre✓® Fee credit in the form of a statement credit of up to $100 every four years.
  • Earn tier qualifying points towards A-List status
  • Bags fly free
  • Free year of DoorDash DashPass
  • Roadside dispatch
  • Lost luggage reimbursement
  • Baggage delay insurance
  • Travel and emergency assistance services
Eligibility
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
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Additional comments -
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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