Increased Offer On Southwest Performance Business Card

This post may contain affiliate links; please read our advertiser disclosure for more information.
Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Links in this post may provide us with a commission.

increased offer on the Southwest Performance Business card

Increased Offer On Southwest Performance Business Card

The Southwest Business Performance card launched to much fanfare a few years ago. The card comes with some great perks for loyal Southwest flyers.  The offer has bounced around over the last few years but Chase recently updated it once again.  The current offer is the best one in terms of value in my opinion, even though it has gone as high as 100,000 points (with a ton of spend required). Let’s take a look at the details and who it does, and doesn’t, make sense for.

You should also be aware that Southwest just made their points worth 5%-6% less this week with a no notice devaluation.

Details of the Offer

Let’s first take a look at the offer:

  • Earn 80,000 points after you spend $5,000 on purchases within 3 months of account opening.
  • $199 annual fee is NOT waived
  • Learn More

This offer has been up to 100K in the past but it required a hefty $25,000 in spend.

increased offer on the Southwest Performance Business card

Cardholder Perks

I have long said that the Southwest Performance Business card is the best one out there for frequent Southwest flyers.  It offers some pretty great perks that more than offset the annual fee.  Let’s take a look at the best ones:

  • Up to 365 in-flight WiFi credits per year.  And yes you can use them on “co-workers”.
  • 4 free upgraded boardings per year
  • 9,000 bonus points every anniversary
  • $100 Global Entry or TSA PreCheck credit every 4 years
  • Learn More

Earning Structure

The Southwest Business Performance has the following earning structure:

  • Earn 3 points for every $1 you spend on Southwest Airlines purchases.
  • Earn 2 points for every $1 you spend on social media and search engine advertising; internet, cable, and phone services.
  • Earn 1 point for every dollar you spend on all other purchases.

Using Southwest Rapid Rewards

Who This Offer Makes Sense For & Who It Doesn’t Make Sense For

Conventional wisdom is to wait until the end of the year to grab your Southwest cards.  That is because if you time it right you can earn a companion pass with Southwest for almost two years.  That is why people will sign up for a card in November or December and wait to complete the required spending until January or February.

If that was your plan all along I wouldn’t let this offer change your plans.  If you are starting from 0 then there is no point to get started in the middle of the year.

I would say it may make sense if you have already had some Southwest flights, credit card earning or have a lot of upcoming travel.  That is because Southwest reduced the requirements to earn a companion pass this year from 125,000 points to 100,000 and this offer would get you 85,000 of the required 100K.

So if you already have 10K-15K of earnings in your account, and have some upcoming flights that you are traveling with a companion, it could make sense to do it now.  Especially if you have more Southwest travel planned this year versus next year (unlikely but possible). The free Wi-Fi credits for your traveling crew could be icing on the cake as well.

Final Thoughts

While this increased offer may not make sense to many people reading this it could make sense if the circumstances are right.  Only you can decide if that is you or not.  A lot of it will depend on how many Rapid Rewards points you have already earned this year and how many flights you have planned for the rest of the year.  If you have enough of either it could make sense to jump on this offer.  Remember that you need to be under Chase 5/24 to qualify for the Southwest Business Performance card offer.

Mark Ostermann
Mark Ostermann is a father, husband and miles/points fanatic. He left the corporate world after starting a family in order to be a stay at home dad. Mark is constantly looking at ways to save money and stay within budget while also taking awesome vacations with his family. When he isn't caring for his family or taking a weekend trip, Mark is working towards his goal of visiting every Major League Baseball ballpark.

More Like This

1 COMMENT

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.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

7,679FansLike
15,951FollowersFollow
19,400SubscribersSubscribe

SoFi Money $50 Bonus!

Super easy bonus! Sign-up and deposit $500 or more and they'll pay you $50! That's it!
Grab Your $50 SoFi Bonus Now!

Webull - 2 Free Stocks!

Brokerage app Webull is offering 2 Free Stocks! Just open an account and fund with $100 to get your stocks valued up to $1600! Super easy!
Grab your 2 free stocks now!
BoardingArea

Subscribe To Our Newsletter

Join thousands of MtM readers who are subscribed to receive a once daily email with all of our posts. Never miss out!

You have Successfully Subscribed!