New Southwest Bank Bonus That Counts Towards The Companion Pass
Clayton, a moderator in our Facebook groups, received a very intriguing Southwest bank bonus offer. The thing that makes this intriguing is that this bank bonus counts towards the valuable Southwest Companion Pass. If you were chasing the Companion Pass then this may be just what you need. It appears to be targeted and is being sent out via email.
Details Of The Offer
The email subject line was:Â
Hello: (NAME), we want to reward you with an up to 35,000 Southwest Rapid Rewards points offer.
There are 3 different offers available:
Option 1
Option 2
Option 3
Final Thoughts
Chase will often have $500-$600 bonus for their combo checking and savings account offers. You can usually get around 1.4 cents per Rapid Rewards point, even after the devaluation, which would put 35,000 points at a $490 valuation. That is slightly below the cash offer. Because of that I would only take this offer if I needed the 35K in points to hit the Companion Pass. Otherwise I would take the superior cash offer.
I can’t remember seeing this offer before but it is good to see Chase mixing it up. This is something Citi has done in the past with American Airlines. Remember that you will get a 1099 for these points since it is a bank bonus. Often times banks value the points at 1 cent each so you would come out a little ahead there versus the cash offer from that perspective.
Let me know if you also got this offer via email. I am curious to see how widespread it is.
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[…] New Southwest Bank Bonus That Counts Towards The Companion Pass (Targeted). – Over the years, it has become harder and harder to “earn” the Southwest Companion Pass without spending a bunch on your card, getting a new one, or flying a lot. Although this Chase bank account offer is targeted, it is a great way to get closer to earning the Companion Pass. […]
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