Southwest Rapid Rewards® Priority Credit Card
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- 1.59% Estimated Purchase Yield
- $75 in annual travel credit
- 7,500 bonus points at each card anniversary
- 4 priority boarding upgrade passes each year
- $149 annual fee
Last Updated on January 24, 2021
CARD DETAILS
Issuer & Payment Network
Issuer
Payment Network
Network Benefit Level
Visa Platinum or Visa Signature (varies depending on qualifications)
Estimated Purchase Yield
Estimated Purchase Yield
1.59%
Notes
Calculated based on reward point value on 24-January-2021
Bonus Offers
Bonus Offer Value
$1,272
Bonus Offer
Earn 50,000 bonus points after you spend $2,000 on purchases in the first 3 months from account opening. Plus, earn an additional 30,000 bonus points after you spend $10,000 on purchases in the first 9 months from account opening.
Ongoing Bonuses
$75 annual travel credit plus 7,500 in annual bonus points ("anniversary points")
Estimated Annual Card Value
Yr 1 @ $5k in Purchases
$1,596
Yr 1 @ $15k in Purchases
$1,754
Yr 1 @ $30k in Purchases
$1,992
Yr 2+ @ $5k in Purchases
$324
Yr 2+ @ $15k in Purchases
$483
Yr 2+ @ $30k in Purchases
$721
Valuation Notes
Bonus value (including ongoing bonuses for years 2+) plus value of rewards for stated annual purchasing level. Less any annual fee. Plus value $75 annual travel credit, annual bonus points offering and 4 priority boarding upgrades (valued at $50 each). Value does not contemplate 5X points that this card offers on first $2,000 in Southwest travel each month.
Airport Lounge Access
Lounge Access?
No
Lounge Network
Not Applicable
Guests
Not Applicable
Access Restrictions
Not Applicable
Reward Points
Do Points Expire?
No
Redemption Options
No
Can Points Be Transferred?
No
Fees & APRs
Annual Fee
$149
Foreign Transaction Fees
None
Late Payment Fee
Up to $39
APR - Intro (Purchases)
No Intro Offers Available
APR - Intro (Balance Transfers)
Not Intro Offers Available
APR - Cash Advance
24.99% (plus $10 or 5% of the transaction amount, whichever is greater)
APR - Regular (Purchases)
15.99% - 22.99%
APR - Regular (Balance Transfers)
15.99% - 22.99% (plus $5 or 5% of the transaction amount, whichever is greater)
Grace Period
21 Days
Protections & Services
Zero Liability Protection
Yes
Purchase Protection
Yes - Covers your new purchases for 120 days against damage or theft up to $500 per claim and $50,000 per account.
Extended Warranty Protection
Yes - Extends the time period of the U.S. manufacturer's warranty by an additional year, on eligible warranties of three years or less.
Trip Cancellation / Interruption
Baggage Delay: Reimburses you for essential purchases like toiletries and clothing for baggage delays over 6 hours by passenger carrier up to $100 a day for 3 days. Lost Luggage: If you or an immediate family member check or carry on luggage that is damaged or lost by the carrier, you're covered up to $3,000 per passenger.
Auto Rental Collision Damage Waiver
No
Other Items
Recommended Credit Level
Very Good+ (FICO Score: 740-850)
Link to Issuer Website
https://creditcards.chase.com/travel-credit-cards/southwest/priority
Date Information Confirmed
January 24, 2021
