Southwest Credit Card review: Is the Premier worth the $99 annual fee?


The Southwest Rapid Rewards® Premier Credit Card offers a great annual bonus and is one of the best ways to get started earning the valuable Southwest Companion Pass thanks to a good intro bonus.

6,000 points a year. While there’s a $99 annual fee, every year on your card anniversary you get 6,000 bonus points, which can be worth almost the fee in travel value.

Points toward status. All the points you earn with the card count towards Companion Pass qualification, and you can also earn your way toward A List status with your spending.

No foreign transaction fees. You can use the card abroad without the hassle of foreign transaction fees.


Not great for long international flights on other airlines. You can use your points to book international flights to places Southwest doesn’t fly, but they don’t stretch as far as when you use them for Southwest’s own flights. A better option is to get the Chase Sapphire Preferred® Card card, which earns points you can transfer to Southwest Rapid Rewards any time, as well as several other airline programs like United MileagePlus at full value.

Annual fee. There’s a $99 annual fee for the card.

Overall Rating
4/5 Stars   
Key Features


  • Earn 50,000 points after you spend $2,000 on purchases in the first 3 months your account is open.
  • 6,000 bonus points after your Cardmember anniversary
  • 2 points per $1 spent on Southwest® purchases and Rapid Rewards® Hotel and Car Rental Partner purchases
  • 1 point per $1 spent on all other purchases
  • Earn unlimited points that don’t expire as long as your card account is open
  • No foreign transaction fees
  • No blackout dates or seat restrictions, Bags fly free® and no change fees
  • Redeem your points for flights, hotel stays, gift cards, access to events and more



Chase Sapphire Preferred® Card

Miles dont expireas long as card is open
Learn more

Partner Offer

50,000 bonus points

Intro Offer

$0 introductory annual fee the first year, then $95

Annual Fee


Foreign Transaction Fee Waived

Yes - transfer to United MileagePlus, Southwest Rapid Rewards, Marriott Rewards, and more

Points Can Transfer to Airline Miles ?

Still confused? Have a question?

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"These 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."

22 thoughts on Southwest Credit Card review: Is the Premier worth the $99 annual fee?

  1. Kevin

    I have referrals for both the personal plus and premier cards. Email me at kap20k4 [at] hotmail [dot] com.

  2. Vanessa

    This credit card is ruining my life! It has the highest interest ever and even if you do make payments and not use your card, your balance will go up even higher. There was a another charge for $140 and I called customer service to work something out and they pretty much told me I have to pay the whole balance off. I have never heard that before! It looks like I’m going to sign up for a loan or something to pay this thing off. Unless you plan on paying the entire balance off every month, DO NOT SIGN UP FOR THIS CARD!

    1. Erin

      What’s the interest rate? My cousin has the premier card & loves it but doing research, I cannot find anything about the interest rate. I was interested in the card but I’m not so sure reading comments.

  3. H. DAunoy

    I like the idea and the perks of this credit card; however, Chase has to be the last major bank in the country that limits you to two choices when defining a recurring payment amount: full balance amount or minimum balance due. What’s worse is that their phones are manned by the most limited thinking people who don’t see this as a problem. I have to think that they either want their customers to assess the fees and costs of paying the minimum amount every month or they want customers to overdraw their checking accounts with the full amount option. My advice is to be super diligent when selecting any Chase Credit Card. Their recurring payment options are limited and in my mind immoral. Let the customer define how much they want to pay each month. As soon as I get done with the first year’s perks I’m dumping this card and I am dumping my checking account with them even faster. Chase, you are failing here. Southwest, find a new credit card partner – one who is up to date on technology for payments and who don’t want to see your customers ruin their credit and cost them fees.

  4. Rick

    I just tried to cancel a car reservation made with my Southwest RR points and they’re refusing to refund my 23,000 points. Terrible customer service!

  5. Ashley Menke

    I would definitely not recommend getting this card, they falsely promised the 60k reward points when you spend $2,000 in three months on the offer i signed up for. I spent the required amount of money and then when i did not receive the points and called to ask what happened they tell me “oh there was two offers at that time one for the 50k points and one for 10k points for spending $500 and you must have selected the wrong ad when you signed up.” First off there was no “option to choose an offer” and if there was why would i have selected the one for less!? They then tell me since 90 days have past since i signed up they cannot change it…..of course 90 days have past the time frame for spending was three billing cycles. I would have not know anything was incorrect before 90 days because i had to wait that long for the offer. I have emailed and called customer service and they refuse to do anything about it. I really like the points for spending and the amount of rewards points compared to what you flights you can redeem for but this whole thing has put such a sour taste in my mouth i will be closing this card after i pay it off and collect on flights for the points that i do have. Completely false advertising and terrible customer service. Pretty much they have my money now, they are going to collect their interest on it, and they don’t care if they lost a customer.

  6. TP

    What’s the lowest credit score that will be approved for this card? I’ve been working on credit for awhile now, and although it’s not great.. it’s definitely better than it was. Just curious if it’s worth trying to get approved.



      @TP – There’s no hard and fast rule on it. One thing you can do is go to this page on the Chase site and see if you’re prequalified for any of their cards.

      Even if the Southwest card doesn’t show up there, if you see you’re prequalified for any Chase card, that’s a decent sign.

  7. Melinda Wright

    I love the points I get when using this card and have had several free flights but this credit card has a major flaw. When paying the balance in full I notice that I am still charged interest. On my statement it clearly stated how to avoid paying interest by paying in full and yet this is an ongoing problem I have encountered.


      @Melinda – Give a call to the number on the back of your card to check that out if you haven’t already.

  8. Ly Dung Nguyen

    I try to reapply sw premium card
    To get my companion pass
    But the website still not go through
    It kept said check the address
    Please help

  9. Ly Dung Nguyen

    I try to apply sw premium card,
    To get my companion pass but
    It kept said: check your address
    Please help

  10. Ly Dung Nguyen

    I have a sw plus card, try to apply another sw premium to get point for companion pass, but the website won’t let me apply another card?
    Just wondering why?


      @Ly Dung – What does it say when you try? There shouldn’t be any restriction on applying for the Premier if you already have the Plus card.

  11. Ly Dung Nguyen

    I have a sweet plus card, try to apply another swindle premium to get point for companion pass, but the website won’t let me apply another card?
    Just wondering why?

  12. LukeNtash

    I have referrals available for the awesome Premier Card! We are trying to earn the companion pass so please help us by using our link to get an awesome 50,000 bonus points when signing up. And start earning towards your companion pass!! Thank You! Email me at Atashiawittwer @ Yahoo .com and ill email you the link for the card ?
    Or just tap on my name (LukeNTash) and it should take you to my link ?

  13. Kevin

    I posted referrals for both the personal plus and personal premier cards on my Facebook page.

    https [colon] // www [dot] facebook [dot] com/profile [dot] php?id=100015004831735

    Visit my profile for INSTANT access to both referrals. (50,000 points each)
    You can get 100,000 points for signing up for both cards.

    https : // www [dot] facebook [dot] com/profile [dot] php?id=100015004831735

    Or you can email me a kap20k4 [at] hotmail [dot] com
    Be advised it takes up to a week for chase to send emails.

    Happy Traveling

  14. stuart

    I am a SWA Premier card member.
    On the web site it appears that 35,000 points earned annually, through spending, will put you into the A Tier category.
    However the fine print indicates that a maximum of 15,000 point per card are all that is accessible annually.
    This seems to be a bait and switch to me.
    Its difficult to find accurate information and we all have better things to do.
    Don’t be deceptive SWA.

    1. Gregory Trimboli

      I am just looking into the card and they made it pretty clear it is a max of 15,000 pts toward tier 1 can be earned through the credit card…the rest is by actual flying. Nothing deceptive if you read.


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