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Southwest® Rapid Rewards® Premier Business Credit Card: Earn Up to 120,000 Bonus Points

+17 Deal Score
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Earn 60,000 points after you spend $3,000 on purchases in the first 3 months from account opening. Plus, earn an additional 60,000 points after you spend $15,000 on purchases in the first 9 months with the Southwest® Rapid Rewards® Premier Business Credit Card. The annual fee is $99.

Card Details:
  • Earn up to 120,000 bonus points.
  • 6,000 bonus points after your Cardmember anniversary.
  • Earn 3X points on Southwest Airlines® purchases.
  • Earn 2X points on Rapid Rewards® hotel and car rental partners.
  • Earn 2X points on rideshare.
  • 1 point per $1 spent on all other purchases.
  • 2 EarlyBird Check-In® each year.
  • Member FDIC

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Created 07-12-2023 at 09:42 AM by JFalc
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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Joined Nov 2005
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> bubble2 1,416 Posts
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namx
07-13-2023 at 09:01 AM.
07-13-2023 at 09:01 AM.
Quote from DayaO :
For someone who s not gonna fly SW frequently, can you redeem the miles for cash back or something?
I think someone answered my similar question above. The points can be converted to SWA credit of $0.015 per point applicable to SWA airfare. Probably can use them in their portal as well. I did not read the fine print. You and a companion have to really travel a bit or far to gain value (I think). If I were retired, I would do this.
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Joined Sep 2009
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> bubble2 15,316 Posts
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Knightshade
07-13-2023 at 09:02 AM.
07-13-2023 at 09:02 AM.
Quote from JDLade :
I have a consulting business already, can I apply with it but use this cc on personal travel legally? Not trying to break the law here but that bonus sounds good...

Nobody cares what spend you put on the card, there's nothing legal to be concerned about there.

The only reason business cards include any disclaimers about it at all is because business cards don't have as wide a range of consumer protections on them.



Quote from DayaO :
For someone who s not gonna fly SW frequently, can you redeem the miles for cash back or something?

IIRC if you have a SW CC you can buy gift cards with the points but the value of doing that is so garbage it'd be a massive waste of spend you could use for other, far more valuable, new card bonuses.
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Joined Apr 2014
L6: Expert
> bubble2 1,537 Posts
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DayaO
07-13-2023 at 09:08 AM.
07-13-2023 at 09:08 AM.
Quote from Knightshade :
Nobody cares what spend you put on the card, there's nothing legal to be concerned about there.

The only reason business cards include any disclaimers about it at all is because business cards don't have as wide a range of consumer protections on them.






IIRC if you have a SW CC you can buy gift cards with the points but the value of doing that is so garbage it'd be a massive waste of spend you could use for other, far more valuable, new card bonuses.

Thanks for the quick response. I decided to wait for this one.
You guys happened to know the best one out there now for 15k expense? I'd rather prefer reward bonus/ cash back... potentially 12mos no interest. The one I m looking is Chase ink business unlimited with 750 reward/ 8k spend/ 0% apr for 12 mos...
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Joined Sep 2009
L10: Grand Master
> bubble2 15,316 Posts
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Knightshade
07-13-2023 at 09:26 AM.
07-13-2023 at 09:26 AM.
Quote from DayaO :
Thanks for the quick response. I decided to wait for this one.
You guys happened to know the best one out there now for 15k expense? I'd rather prefer reward bonus/ cash back... potentially 12mos no interest. The one I m looking is Chase ink business unlimited with 750 reward/ 8k spend/ 0% apr for 12 mos...

Ink Cash and Ink Unlimited both currently have 75k UR ($750 as cash, can be considerably more used for travel) for $6000 spend each so with 15k spend you could do BOTH of those, plus another 3-4k signup for another ~50-75k points/dollars elsewhere.

Hence one of the reasons I say this deal isn't worth it unless one plans to do a LOT of travel on SW with exactly 2 people.


Good list of best current signups here:

https://www.doctorofcredit.com/be...n-bonuses/
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Joined Mar 2014
L5: Journeyman
> bubble2 594 Posts
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MBreeden
07-13-2023 at 09:57 AM.
07-13-2023 at 09:57 AM.
One way that I haven't seen anyone outline here is if you're already a SW personal card holder and nearing companion pass. This first 60k bonus would allow me to meet CP this year. I realize that's uncommon.

However, with 3k spend I'll get the 60k bonus. Stop using this card before hitting 15k spend and use my personal SW card moving forward. Hit CP by EOY.

Then, I will still be in the first 9 month period for the second bonus, use this card at the beginning of next year, hit that 15k total spend and I'll start the year with 60k points toward companion.

Totally understand people wanting to hit CP earlier in the year, but I think this one works pretty well for me to secure next year for the full year and be in a good place to secure it again for the following year.

I should also note that I fly SWA multiple times a month and my partner joins me on many of these trips as we're both remote.
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Joined Dec 2021
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> bubble2 9 Posts
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AMSman
07-13-2023 at 11:15 AM.
07-13-2023 at 11:15 AM.
Quote from inspir3d :
Your plan won't work, as the first 60k would hit in the next 3 months, 2023. You either have to do it all in 2023 or you don't get companion pass.

The spend isnt hard to hit, issue is more that its only a 1 year and a few month companion pass.

Rather wait and do the 60-70k deals in oct/november that always pop up, been doing this for years and havent paid for one flight for the family since 2011 as well as without dealing with the 5 card rule at chase:

Year 1 - spouse 1 applies for cards in Q4 deal, intentionally don't hit spend until January year 2. Companion pass now through end of year 3. Close cards in feb after bonus transfer.
Year 3 - spouse 2 applies for cards in Q4 deal, intentionally don't hit spend until January year 4, companion pass now through year 5.
year 5 - spouse 1 repeats in nov. and the sequence repeats.

This enables both people to not hit the 5 card flag as well as always have 1 active companion pass

Hey! Thanks for the write up! Was wondering if I could get a few clarifications, and I apologize if these are dumb questions:

1) you mention not hitting spend until January year 2. However, then you only have 60k-70k points. I assume you spend to get the remaining 65-75k? Or are you implying the same spouse apply for multiple cards?

2) "close card in feb after bonus transfer". Is this February year 2 or year 3? I assume year 3, but just clarifying.

3) I assume spouse 2 cannot cancel cards until nov year 5 once spouse 1 has applied again, and thus able to transfer bonus?

4) has this had any sizable impact on credit? I'm not overly concerned as wife and I both have phenomenal credit with no major purchases on the horizon, just curious.

Thanks so much for your time and insight!
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Joined Aug 2005
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JFalc
07-13-2023 at 11:32 AM.
07-13-2023 at 11:32 AM.
Quote from MBreeden :
One way that I haven't seen anyone outline here is if you're already a SW personal card holder and nearing companion pass. This first 60k bonus would allow me to meet CP this year. I realize that's uncommon.

However, with 3k spend I'll get the 60k bonus. Stop using this card before hitting 15k spend and use my personal SW card moving forward. Hit CP by EOY.

Then, I will still be in the first 9 month period for the second bonus, use this card at the beginning of next year, hit that 15k total spend and I'll start the year with 60k points toward companion.

Totally understand people wanting to hit CP earlier in the year, but I think this one works pretty well for me to secure next year for the full year and be in a good place to secure it again for the following year.

I should also note that I fly SWA multiple times a month and my partner joins me on many of these trips as we're both remote.
Excellent point. If you have 50k or 60k companion qualifying points already this year, this 'first' bonus would be a great way to complete your companion pass. Or, if you don't, you can try for both bonuses in 2023 and get the companion pass that way.

The other thing no one discusses is how flexible these points are. Even if you don't fly that much, there is a lot of value in being able to book flights at no cost to you (except $5.60 FAA fee) and that are fully refundable if you cancel. I have a good amount of SWA points and I book quite a few flights several months in advance. Because they are booked in advance, these flights are generally cheaper to book. Then, as the date approaches, I decide whether I really want to go and book the hotel, car, etc. So, these points allow you to 'park' trips at lower costs rates -- with no consequence. Historically, that has been one of the great values to me of SWA points (more so than other airlines). Having the flight booked also, as a practical matter, encourages me to go on more trips. By the time the flight is approaching, I'm thinking 'Yeah, let's go..we got the flight booked already anyway'. That's my two cents. Since the recent rules changes on July 1, please know that if you book a flight with points, you will need to actually cancel it at least 10 or 15 minutes prior to the scheduled departure time to get your points back into your account and your $5.60 back. That is not a big deal for me. And, if you have alerts from the App activated on your phone, you always get reminded of these upcoming trips anyway (even if initially you forgot about it). Southwest's flexibility is the main reason it is my favorite airline.
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Joined Sep 2008
Dont leav home without SD
> bubble2 2,366 Posts
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dealsalways
07-13-2023 at 12:16 PM.
07-13-2023 at 12:16 PM.
Quote from JFalc :
Excellent point. If you have 50k or 60k companion qualifying points already this year, this 'first' bonus would be a great way to complete your companion pass. Or, if you don't, you can try for both bonuses in 2023 and get the companion pass that way.

The other thing no one discusses is how flexible these points are. Even if you don't fly that much, there is a lot of value in being able to book flights at no cost to you (except $5.60 FAA fee) and that are fully refundable if you cancel. I have a good amount of SWA points and I book quite a few flights several months in advance. Because they are booked in advance, these flights are generally cheaper to book. Then, as the date approaches, I decide whether I really want to go and book the hotel, car, etc. So, these points allow you to 'park' trips at lower costs rates -- with no consequence. Historically, that has been one of the great values to me of SWA points (more so than other airlines). Having the flight booked also, as a practical matter, encourages me to go on more trips. By the time the flight is approaching, I'm thinking 'Yeah, let's go..we got the flight booked already anyway'. That's my two cents. Since the recent rules changes on July 1, please know that if you book a flight with points, you will need to actually cancel it at least 10 or 15 minutes prior to the scheduled departure time to get your points back into your account and your $5.60 back. That is not a big deal for me. And, if you have alerts from the App activated on your phone, you always get reminded of these upcoming trips anyway (even if initially you forgot about it). Southwest's flexibility is the main reason it is my favorite airline.
This is something many people don't know.. Miles used to have generous cancellation provisions years back, but most airlines neutered their programs again and again. Southwest is an exception, and if you're knowledgeable about this you can play this very well.

Are there any other airline programs similarly useful and flexible? haven't been keeping up with all programs..
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Joined Sep 2009
L10: Grand Master
> bubble2 15,316 Posts
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Knightshade
07-13-2023 at 12:38 PM.
07-13-2023 at 12:38 PM.
Quote from dealsalways :
This is something many people don't know.. Miles used to have generous cancellation provisions years back, but most airlines neutered their programs again and again. Southwest is an exception, and if you're knowledgeable about this you can play this very well.

Are there any other airline programs similarly useful and flexible? haven't been keeping up with all programs..
Most domestic airlines (except the super-discount ones) aren't too far off...

American lets you change or cancel for free too

Delta lets you cancel award tickets originating in North America for free for everything but basic economy

Jetblue lets you cancel for free as long as it's not day-of-flight and not basic economy.


United has no change fees for domestic flights (or international ones originating in the US) and no cancellation fees if it's 30 days out or more (close in cancellation fee may apply depending on status)
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Joined Aug 2005
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> bubble2 1,296 Posts
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JFalc
07-14-2023 at 05:36 AM.
07-14-2023 at 05:36 AM.
Quote from JDLade :
I have a consulting business already, can I apply with it but use this cc on personal travel legally? Not trying to break the law here but that bonus sounds good...
I have done this with my business cards in the past, and personally don't see a problem with that. In my case, I needed some personal expenses to get to my initial spend so I used it.

I think there would be a legal problem if you tried to 'deduct' personal expenses from your business income, but that is a separate issue entirely.

Also, FYI, if I recall correctly, with the business cards the Credit Card company has both of you on the hook for the bill......both the individual named on the card AND the business. Because of that, I'm not sure why the credit card company would care about the nature of the charges.
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Joined Mar 2020
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SlickTerrier7152
07-17-2023 at 10:39 PM.
07-17-2023 at 10:39 PM.
Can someone check if referral has the offer?
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Joined Aug 2005
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JFalc
07-18-2023 at 08:36 AM.
07-18-2023 at 08:36 AM.
Quote from SlickTerrier7152 :
Can someone check if referral has the offer?
Referral has the offer. So, this 120k could be 120k plus 20k for your friend/relative/person who referred you
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Joined May 2016
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CozyEm
07-26-2023 at 07:23 PM.
07-26-2023 at 07:23 PM.
Quote from inspir3d :
Your plan won't work, as the first 60k would hit in the next 3 months, 2023. You either have to do it all in 2023 or you don't get companion pass.

The spend isnt hard to hit, issue is more that its only a 1 year and a few month companion pass.

Rather wait and do the 60-70k deals in oct/november that always pop up, been doing this for years and havent paid for one flight for the family since 2011 as well as without dealing with the 5 card rule at chase:

Year 1 - spouse 1 applies for cards in Q4 deal, intentionally don't hit spend until January year 2. Companion pass now through end of year 3. Close cards in feb after bonus transfer.
Year 3 - spouse 2 applies for cards in Q4 deal, intentionally don't hit spend until January year 4, companion pass now through year 5.
year 5 - spouse 1 repeats in nov. and the sequence repeats.

This enables both people to not hit the 5 card flag as well as always have 1 active companion pass

How do you get from the 60/70k points to the companion pass? Through purchases?
Reply
Joined Apr 2013
L3: Novice
> bubble2 198 Posts
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powerhousetravis
07-27-2023 at 07:38 AM.
07-27-2023 at 07:38 AM.
Quote from CozyEm :
How do you get from the 60/70k points to the companion pass? Through purchases?
You do 2 different cards for 60-70k points each. For example, a personal and a business card offer. I have been successful twice in the past with the 2 card method.
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Joined Aug 2005
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JFalc
07-31-2023 at 04:33 PM.
07-31-2023 at 04:33 PM.
Link now says: Offer Ends 8.28.2023

Also, this should be considered if you already have a lot of points this year, and the first 60,000 point bonus will get you over the top for the Companion Pass.
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