The 50,000-point Southwest offer is available again.
Previously, this offer awarded the bonus points after the first purchase, but
now you have to spend $1,000 in first three months—not too difficult as long as
you can charge and pay off your regular expenses on it.
Card links
Southwest advertises the 50,000 points as being good for two
free round trip flights, but since points are based on the ticket cost, it is
actually worth $833. So if you book an award flight while Southwest is having
a sale or are traveling short distances (i.e. cheap flights), you could
potentially get about four free round trips with these points. Keep in mind,
Southwest currently only provides domestic service, so there are no free trips
to Europe or Asia with these points.
Card perks
You get double points (2 per $1) on Southwest and Southwest
partner purchases (such as hotels and car rentals)
1 point per $1 on all other purchases
Bonus points on your card anniversary date—3,000 for Plus/6,000
for Premier
You can get a companion pass by flying 100 qualifying
flights OR by accumulating 110k points.
This pass, valid for a calendar year, will let your companion fly free with
you. If you can sign up and get approved for both a personal and business card,
you’ll only be 10,000 points away from the companion pass.
Drawbacks
The $69 Plus/$99 Premier annual fee is not waived—still a
good deal considering how many flights you can potentially get out of the bonus
points.
If you don’t currently have a Rapid Rewards account, sign up
for 750 bonus points here
before applying for the credit card(s).
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