Deal of the Year: 80,000 Point Offer for New Lucrative Southwest Business Card

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New! Southwest Rapid Rewards® Performance Business Credit Card

Chase just launched a brand new Southwest Airlines business credit card, the Southwest Performance Business Card. It’s a great card as I’ll show you in a moment but let’s first look at the initial bonus offer for the card, meant to make a really big splash and it does.

They’re out of the gate with the Southwest Performance Business Card offering 80,000 Rapid Rewards points with $5000 spend within 3 months.

Better Than an Offer for a Companion Pass

Earlier this year Chase offered to let new cardmembers earn points and a companion pass with new Southwest personal card signup. That was a compelling offer and many folks jumped at the chance to have a designated companion fly for just the cost of security taxes whenever the cardmember was on a paid or redemption ticket with Southwest.

That offer was for a companion pass valid through the end of 2019. Earning 80,000 bonus points is even better.

  • 110,000 points in a calendar year earns a companion pass. The initial bonus plus the points earned on the card from spending count towards that total.

  • When you earn a companion pass (rather than receiving a promotional one) — and this offer gets you most of the way there — it’s valid for the rest of the calendar year and the entire next calendar year.

  • So this offer can get you 2019 and 2020 and since you’re also earning a lot of points those points can cover a lot of air travel for you to take along a companion for the cost of taxes alone.

As a result I would rate this Southwest Performance Business Card offer as significantly better than the great offer for a companion pass earlier this year. What’s more, even though Chase credit cards are generally subject to ‘5/24’ (you’re eligible only if you’ve had fewer than 5 new cards in the last 24 months), Chase business cards should not increase your 5/24 total. If you’re under 5/24 and are approved for this card you should stay under 5/24.

Southwest Performance Business Card Benefits

Here’s points earning with this new card: 3x on Southwest Airlines purchases, as well as hotel and car rental partner purchases through Southwest’s website; 2x social media + search ads and internet/cable/phone; 1x on everything else.

Where this card really shines is in the travel benefits it offers. Like the Southwest Rapid Rewards® Priority Credit Card personal card, cardmembers receive 4 upgraded boardings per year, A1-15 boarding, which you purchase at the gate and get statement credit back for.

southwest performance business card priority boarding

Southwest Performance Business Card cardmembers are eligible to receive a statement credit for Global Entry or TSA PreCheck every four years. But a unique benefit is Southwest Airlines inflight wifi credits.

I regularly pay $8 per flight for internet on Southwest Airlines. This card will give you up to 365 wifi purchase credits per year. And employee cards come with no annual fee, so I believe getting extra cards should allow you to spread around the wifi credit benefit.

Southwest Performance Business Card is Huge for Southwest Flyers

These are great and valuable benefits which make the card’s $199 annual fee well worth it. You also receive 9000 Southwest anniversary points with card renewal each year. In cash terms I value Southwest points at 1.3 cents apiece though they buy about 1.5 cents apiece in travel. An 80,000 point offer should get you around $1200 in Southwest Airlines travel, and 9000 more points should get you $135 in travel on and ongoing basis. That’s most of the annual fee right there as well.

southwest performance business card redemption flights

As with other Southwest co-brand cards spending contributes towards elite status: 1500 tier qualifying points for each $10,000 in purchases (up to $100,000 in purchases annually or 15,000 tier qualifying points) and of course it goes a long way towards Southwest’s companion pass. This Visa Signature card has no foreign transaction fees as well.

New! Southwest Rapid Rewards® Performance Business Credit Card

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of any advertiser to ensure that questions are answered, either. Terms and limitations apply to all offers.

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  1. Wow. That is nice offering! I wonder how long it will last. My husband currently has a Companion Pass that will last through the end of the year. I had a Companion Pass the two years before that–and have since cancelled my SW cards, so it will be my turn again next year. But I will waste a year if I go for it now…
    (And hopefully Chase will accept my application for a SW personal card next year. A recent poster noted that Chase cancellations count as applications toward the 5/24, which could put me just over.)

  2. I’m assuming you’re only able to get one southwest business card, like how you can only get one southwest personal card?

  3. Very compelling, thank you!

    I see the terms of this card state that “This new Cardmember bonus offer is not available to either (i) current Cardmembers of this business credit card, or (ii) previous Cardmembers of this business credit card who received a new Cardmember bonus for this business credit card within the last 24 months.”

    I cancelled an earlier version of a Southwest business card less than two years ago. Does the reference in the terms to “this” business card mean I can get in on the 80k bonus offer?

  4. I sent a family member a referral for the Southwest Card but when it took them to the Chase site there was no offer for a “Performance Business Card” with 80,000 miles, only an offer for a “Premier Business Credit Card” with 60,000 point bonus.

    Is this one of those offers you have to be “targeted” for?

  5. so if you did the companion pass offer earlier this year and got the 30k, and now do this one for 80k you should have the companion pass until end of 2020?

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