Southwest Rapid Rewards® Premier Credit Card review

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Advertiser Disclosure

Interest Rate: Purchases
17.74% ‐ 24.74% (Variable)
Balance Transfer
17.74% ‐ 24.74% (Variable)
Rewards
1 - 2 points
Signup Bonus
40000 points (after spending $1,000)


7.9/10
Informr score
The Southwest Rapid Rewards® Premier Credit Card currently has an Informr score of 7.9 out of 10. This score is based on our evaluation of 15 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Southwest Rapid Rewards® Premier Credit Card is typically available to those with excellent 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...


The Points Guy

If you decide to pursue the Companion Pass by combining sign-up bonuses, the Southwest Rapid Rewards Premier Credit Card is a good avenue for doing so. Even though some people will come out ahead by opting for the Priority card and the $75 annual Southwest travel credit it carries, the Premier offer...

- Ethan Steinberg, The Points Guy
Credit Card Insider

It’s a potentially valuable card, but only for the Southwest Airlines enthusiast. And its benefits don’t quite measure up to some of the better airline cards at the same fee tier.

- Sean Messier, Credit Card Insider
CreditCards.com

If you frequently fly Southwest, it’s worth upgrading to this high value airline card, despite its $99 annual fee: It offers one of the best sign-up bonuses on the market and its rewards points are worth substantially more than the average credit card rewards point.

- Andy Shuman, CreditCards.com
Business Insider

If you're aching for a trip around the US or craving a tropical vacation to the Caribbean, you would be hard-pressed to find a better deal than the Southwest Rapid Rewards Premier Credit Card and Southwest Airlines. With a sign-up bonus worth two round-trip flights or more, two free checked bags per...

- Holly Johnson, Business Insider
NerdWallet

The Southwest Rapid Rewards Premier Credit Card isn’t a good fit for infrequent travelers or those looking for more versatile rewards. But if you frequently fly on Southwest and travel abroad, it’s a top-of-wallet card.

- Claire Tsosie, NerdWallet

Details


Interest Rates
Regular APR Interest Rate 17.74% ‐ 24.74% (Variable)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 17.74% ‐ 24.74% (Variable)

This APR will vary with the market based on the Prime Rate.

Cash Advance Interest Rate 26.74% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $99.00
Balance Transfer Fee 5%

Minimum of $5

Cash Advance Fee 5%

Minimum of $10

Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $39.00

Maximum

Promotions
Sign up bonus 40000 points after spending $1,000

- On purchases within the first 3 months.

- Plus, earn an additional 20,000 points after you spend $12,000 on purchases in the first 12 months of account opening.

Rewards
All Purchases 1 point per $1 spent
Restaurants No
Gas No
Groceries No
Hotels No
Travel 2 points per $1 spent

Spent on Southwest Airlines purchases.

Pharmacy No
Bills No
Additional Details

Receive 6,000 bonus points after your cardmember anniversary.

Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability No
No Foreign Transaction Fees Yes
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection No
Free Credit Scores No
Wireless Payments No
Additional Benefits

- First and second checked bags fly free

- Lost Luggage Reimbursement

- Baggage Delay Insurance

Eligibility
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
More
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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Critic Reviews


The Points Guy

Ideal for those looking for a cheaper annual fee while still enjoying perks

from The Points Guy

If you decide to pursue the Companion Pass by combining sign-up bonuses, the Southwest Rapid Rewards Premier Credit Card is a good avenue for doing so. Even though some people will come out ahead by opting for the Priority card and the $75 annual Southwest travel credit it carries, the Premier of...More

If you decide to pursue the Companion Pass by combining sign-up bonuses, the Southwest Rapid Rewards Premier Credit Card is a good avenue for doing so. Even though some people will come out ahead by opting for the Priority card and the $75 annual Southwest travel credit it carries, the Premier offers a decent return with a lower upfront cost, and that’s before you even factor in the added savings that come with the Companion Pass.

Read full review

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Credit Card Insider

A good travel credit card if you use it enough

from Credit Card Insider

It’s a potentially valuable card, but only for the Southwest Airlines enthusiast. And its benefits don’t quite measure up to some of the better airline cards at the same fee tier.

Read full review

It’s a potentially valuable card, but only for the Southwest Airlines enthusiast. And its benefits don’t quite measure up to some of the better airline cards at the same fee tier.

Read full review

Less

CreditCards.com

Its earning scheme is average at best

from CreditCards.com

If you frequently fly Southwest, it’s worth upgrading to this high value airline card, despite its $99 annual fee: It offers one of the best sign-up bonuses on the market and its rewards points are worth substantially more than the average credit card rewards point.

Read full review

If you frequently fly Southwest, it’s worth upgrading to this high value airline card, despite its $99 annual fee: It offers one of the best sign-up bonuses on the market and its rewards points are worth substantially more than the average credit card rewards point.

Read full review

Less

Business Insider

Offers one of the best airline loyalty programs

from Business Insider

If you're aching for a trip around the US or craving a tropical vacation to the Caribbean, you would be hard-pressed to find a better deal than the Southwest Rapid Rewards Premier Credit Card and Southwest Airlines. With a sign-up bonus worth two round-trip flights or more, two free checked bags...More

If you're aching for a trip around the US or craving a tropical vacation to the Caribbean, you would be hard-pressed to find a better deal than the Southwest Rapid Rewards Premier Credit Card and Southwest Airlines. With a sign-up bonus worth two round-trip flights or more, two free checked bags per person, a fair rebooking process, and no hidden fees, what's not to love?

Read full review

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NerdWallet

It gives you reasons to stay loyal

from NerdWallet

The Southwest Rapid Rewards Premier Credit Card isn’t a good fit for infrequent travelers or those looking for more versatile rewards. But if you frequently fly on Southwest and travel abroad, it’s a top-of-wallet card.

Read full review

The Southwest Rapid Rewards Premier Credit Card isn’t a good fit for infrequent travelers or those looking for more versatile rewards. But if you frequently fly on Southwest and travel abroad, it’s a top-of-wallet card.

Read full review

Less

Credit Karma

An excellent choice if you’re a loyal Southwest customer

from Credit Karma

With this travel rewards card, you’ll get two points for every dollar you spend on Southwest purchases and purchases at participating Rapid Rewards® hotel and rental car partners. You’ll also get one point for every dollar spent on other purchases. And unlike most cards, you’ll get one poi...More

With this travel rewards card, you’ll get two points for every dollar you spend on Southwest purchases and purchases at participating Rapid Rewards® hotel and rental car partners. You’ll also get one point for every dollar spent on other purchases. And unlike most cards, you’ll get one point for each dollar transferred to your balance, up to $15,000, within the first 90 days of account opening.

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CardRatings.com

For loyal Southwest travelers

from CardRatings.com

If Southwest already has your loyalty, then this card is right for you. A large family also can benefit from the free baggage policy, which could easily total an extra $100 for a family of four on most airlines. Though Southwest may not fly out of some major airports — including JFK and Miami I...More

If Southwest already has your loyalty, then this card is right for you. A large family also can benefit from the free baggage policy, which could easily total an extra $100 for a family of four on most airlines. Though Southwest may not fly out of some major airports — including JFK and Miami International — most domestic travelers will be happy with the airline’s flight options and their ability to redeem points for a variety of purchases.

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Get.com

Great card for people who fly Southwest often

from Get.com

The main appeal of this card lies in the direct Rapid Rewards Points you earn, with no need to transfer or convert points, and the solid travel insurance and purchase protection benefits you get. The Rapid Rewards program itself, with options to earn points at many partners and redeem points with...More

The main appeal of this card lies in the direct Rapid Rewards Points you earn, with no need to transfer or convert points, and the solid travel insurance and purchase protection benefits you get. The Rapid Rewards program itself, with options to earn points at many partners and redeem points with other airlines, hotels, for gift cards, or in other ways is itself a good reason to stick with Southwest Rapid Rewards® Premier Credit Card if you're a Southwest regular.

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Credible

A great way for Southwest travelers to get rewarded

from Credible

The Southwest Rapid Rewards Premier card offers very similar benefits, like most airline-specific cards, is most valuable for frequent Southwest fliers, but the Premier is best suited for those who plan to use their card abroad.

Read full review

The Southwest Rapid Rewards Premier card offers very similar benefits, like most airline-specific cards, is most valuable for frequent Southwest fliers, but the Premier is best suited for those who plan to use their card abroad.

Read full review

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Wise Bread

Best domestic frequent flyer program

from Wise Bread

Because there is no foreign transaction fee, if you frequently travel outside of the United States, the Southwest Rapid Rewards Premier Credit Card is an important card to carry with you and more than justifies the difference in the annual fee charged by the Plus version of the card, if you are choosing between the two.

Read full review

Because there is no foreign transaction fee, if you frequently travel outside of the United States, the Southwest Rapid Rewards Premier Credit Card is an important card to carry with you and more than justifies the difference in the annual fee charged by the Plus version of the card, if you are choosing between the two.

Read full review

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User Reviews


Darn, there are no reviews yet for this credit card. Be the first to write a review.