Intro Bonus: Earn 80,000 Points With The Brand New Chase Southwest Performance Business Credit Card! Plus: Comparison Chart Of Southwest Cards

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Earn 80,000 Points With The Brand New Chase Southwest Performance Business Credit Card!


Signup bonus:

You can now earn 80,000 Southwest points when you signup for the brand new Chase Southwest Performance Business Credit Card and spend $5,000 in 3 months.

If you’ll redeem points for an average of 1.65 cents each the signup bonus will be worth $1,320. If you qualify for a companion pass that number can double to a whopping $2,640 signup bonus.

Read about Southwest’s amazing companion pass in this section of the post.

Don’t fly? You can also redeem points for gift cards!


Annual fee:

There is a $199 annual fee, though the points and benefits are worth far more than that.


Welcome bonus terms:

You can open and get the bonus on this card even if you have other Southwest consumer and business cards.

You can get the bonus as long as you don’t have an active Chase Southwest Performance Business Credit Card or have received a bonus on the Chase Southwest Performance Business Credit Card in the past 24 months.

That means you can also get the 60K bonus on the Chase Southwest Business Premier card. You should also be able to product change between these 2 Southwest business cards. See this section of the post for a comparison chart of all Southwest cards.


5/24:

As this is a business card, it won’t add to your count of 5/24 cards.

However all Chase cards appear to be subject to 5/24 restrictions, meaning that you are not likely to be approved if you have been approved for 5 or more consumer credit cards in the past 24 months. Note that the Chase system automatically counts cards like authorized user cards and store cards as cards that count towards 5/24, but if you explain to Chase that those cards are merely authorized user cards or store cards they can manually approve you for a new card.

You can check your credit report for free at the federally authorized annualcreditreport.com to check how many accounts are shows as being open in the past 24 months.


Card earnings: 

  • 1 point per dollar everywhere
  • 2 points per dollar on social media and search engine advertising, Internet, cable, and phone services.
  • 3 points per dollar on Southwest purchases.
  • There are no foreign transaction fees.

Spend Threshold:

You’ll need to spend $5,000 on this card within 3 months.

You can pay your federal taxes for a 1.87% fee. If you overpay your taxes you can request a refund or apply it to your next year’s taxes.

My local natural gas company allows me to prepay up to $1,000 on a credit card for a $1.65 flat fee. That’s a great way to earn miles and help meet a spend threshold. My electricity supplier allows me to pay with a credit card for free as long as I am enrolled in autopay.


Don’t fly? Redeem for gift cards!

After spending $5,000 on this card you will have at least 85,000 points.

You can use 85,000 points to get $850 worth of gift cards to places like Alamo, Amazon, Avis, Bed Bath & Beyond, Best Buy, Bloomingdales, Brooks Brothers, Budget, Carnival Cruises, Express, Fairmont, Gap, Hertz, Kohl’s, Lowe’s, Macy’s, National, Nike, Saks, Sea World, Shutterfly, Staples, Starbucks, Target, The Children’s Place, TJMaxx, Walmart, Zappos and more.

You must be a current Southwest cardholder to get these gift card redemption rates for your points.


Anniversary bonus: 

You’ll earn 9,000 Southwest points every year on your cardmember anniversary. If you’ll redeem points for an average of 1.65 cents each you’ll receive a value of $148.50. If you qualify for a companion pass that number can double to $297.


Upgraded boarding credit:

With this card you’ll get reimbursed for 4 annual purchases of upgraded A1-A15 boarding positions so that you can get some of the best seats on the plane. Upgraded boardings may be purchased at the departure gate or ticket counter on the day of travel. These cost $30-$50, so this is a benefit worth up to $200 per year.


Inflight WiFi Credit: 

You’ll receive a statement credit equal to $8 Southwest WiFi charge on up to 365 charges per year! That will let you connect all of your family’s devices when you fly Southwest so that you can save a bundle!


Global Entry/Pre-Check credit:

Cardholders will get reimbursed for Global Entry/Pre-Check MembershipYou can get reimbursed for those fees ($85 for Pre-Check or $100 for Global Entry and Pre-Check) every 4 years. Membership lasts for 5 years, so you will be able to renew before your membership lapses. Global Entry/Pre-Check make flying so much easier and its great to see more cards add this benefit as I can get Global Entry and Pre-Check for free for my entire family that way!


A-List Status:

This card earns 1,500 tier points towards A-List status for every $10,000 spent. You can earn a maximum of 15,000 tier points annually per card. You can learn more about A-List status here.


Value of Southwest points:

The value of Southwest points is variable based on the paid fare.

If you’ll redeem points for an average of 1.65 cents each, that makes a 60K signup bonus worth $990. If you qualify for a companion pass that number can double to a whopping $1,980 signup bonus.

For example:

  • A one-way Honolulu-Maui nonstop flight on 12/3 is $38.80 with tax. It can also be bought for 2,105 points plus $5.60 tax. So 2,105 points gets you a value of $33.20 ($38.80 airfare less the $5.60 tax on the points ticket), imputing a value of 1.58 cents (33.20/2,105) per point.
  • A one-way Los Angeles-Las Vegas nonstop flight on 12/3 is $44.98 with tax. It can also be bought for 2,227 points plus $5.60 tax. So 2,227 points gets you a value of $39.38 ($44.98 airfare less the $5.60 tax on the points ticket), imputing a value of 1.83 cents (39.38/2,227) per point.
  • A one-way Los Angeles-San Francisco nonstop flight on 11/6 is $53.98 with tax. It can also be bought for 2,879 points plus $5.60 tax. So 2,879 points gets you a value of $48.38 ($53.98 airfare less the $5.60 tax on the points ticket), imputing a value of 1.68 cents (48.38/2,879) per point.
  • A one-way LaGuardia-Denver nonstop flight on 12/4 is $90.98 with tax. It can also be bought for 5,564 points plus $5.60 tax. So 5,564 points gets you a value of $85.38 ($90.98 airfare less the $5.60 tax on the points ticket), imputing a value of 1.54 cents (85.38/5,564) per point.
  • A one-way Newark-Phoenix nonstop flight on 12/11 is $133.98 with tax. It can also be bought for 8,684 points plus $5.60 tax. So 8,684 points gets you a value of $128.38 ($133.98 airfare less the $5.60 tax on the points ticket), imputing a value of 1.48 cents (128.38 /8,684) per point.

Free changes and cancellations. Lock in low fares with no penalty:

While other mileage currencies charge up to $200 to cancel an award ticket, Southwest continues to allow you to cancel an award flight and redeposit the points in your account for future use without any penalties.

Coupled with 2 free carry-ons and 2 free checked bags per person, that’s a lot of added value. A family of 4 needing to cancel award tickets on another airline would set you back $400-$800 versus it being a free change on Southwest. A family of 4 checking 2 bags each would run $560 round-trip on another airline versus paying nothing on Southwest.

Thinking of taking a trip but not 100% sure about it? With Southwest points you can lock in a good rate and just cancel the trip free of charge at any point before the flight if you can’t make it!

You can use the points for yourself or book award tickets for anyone else you want to give a ticket to.

Southwest allows you to redeem points for any seat on any flight. There are no blackout dates or capacity controls.

When Southwest has a fare sale the amount of points go on sale as well as it tracks to the price of the ticket. Best of all Southwest will refund your points if the price of your award ticket falls!  Just rebook your trip online for the same dates or give them a call for the credit.

Southwest points will never expire as long as you earn points every 24 months.


Companion pass:

After signing up for this card and spending $5,000 you will have at least 85,000 Southwest points.

You can get a free companion pass if you earn 110,000 points in a calendar year from select sources, including earnings from credit card signups and credit card spending! If you earn 110,000 Southwest points in 2019 the pass will be good until 12/31/20. The pass allows you to bring a companion with you for free whenever you fly Southwest, including Hawaii, even if you are flying on a free ticket! That effectively doubles the value of your Southwest points. There is no limit to the number of free companion flights that you can take.

You can designate a companion and change that companion up to 3 times in a calendar year, so you can name up to 4 companions over the course of a year.

You can have one consumer Southwest card and both business Southwest cards.

If you signup for any other Southwest card together with this card you will earn a companion pass. See this section of the post for a comparison of other Southwest cards.

Alternatively you can earn a companion pass by spending on this card until you earn a total of 110,000 points in 2019.


Transfer Chase Points To Southwest to maximize the value of your Companion Pass:

You can transfer points from the following Chase cards to Southwest at a 1:1 ratio. You can redeem those Southwest points and bring a companion with you for free, doubling the value of your points!

Chase premium cards with transferable points:

  • Chase Sapphire Preferred
    • $95 annual fee, 60K points signup bonus, earn 2 points per dollar on dining/travel, 25% bonus value on using points for paid travel redemptions.
  • Chase Ink Business Preferred
    • $95 annual fee, 80K points signup bonus, earn 3 points per dollar on select business spending and travel, 25% bonus value on using points for paid travel redemptions.
  • Chase Sapphire Reserve
    • $450 annual fee, $300 in annual travel credit, 50K points signup bonus, earn 3 points per dollar on dining/travel, 50% bonus value on using points for paid travel redemptions, Global Entry/Pre-check, Priority Pass lounge access.

Chase no annual fee cards with transferable points if you, a spouse, or an additional user have one of the premium cards above:


Cash back on top of points:

Chase business cards in the chart below are eligible for additional cash back via Visa Savings Edge. That means you can get points plus 2% cash back at Chevron, Sheetz, AutoZone, or Texaco. You’ll earn points plus 3% cash back at Boost Mobile. You’ll earn points plus 4% cash back at Alamo, National, and MGM hotels. You’ll earn points plus 5% cash back at Lenovo and Wyndham hotels.


Business card information, benefits, and 5/24:

This is a business card, but you may already have a business that needs a card to keep track of expenses. For example if your name is Joe Smith and you sell items online, or if you have any other side business and want a credit card to better keep track of business expenditures you can open a business credit card for “Joe Smith” as the business. You don’t need to file any messy government paperwork to be allowed to do that. Just be sure to select “Sole Proprietorship” as the business type and just use your social security number in the Tax Identification Number field.

It’s important to just write your own name as the business name if you are just applying for your own small business as a Sole Proprietorship that doesn’t have any business paperwork.

Business cards from most banks, including Chase business cards, do not get added to your 5/24 count of recently opened cards. That’s because business cards from most banks don’t show up on your personal credit report and the 5/24 count is based off of your personal credit report.

Another benefit of business cards not reporting on your personal credit report is that your credit score won’t be hurt when you spend money on your cards. When you spend money on personal cards your score will be hurt even if you pay your bill on time. That’s because a whopping 30% of your credit score is based on credit utilization, so you lose lots of points even if you pay your bills before the statement due date. You can pay off your credit card bill before your statement close date to avoid that, but that takes effort and laying out money well before you have to. Additionally it’s good to have the statement close with a couple dollars to show the card is active and being paid every month. On business cards from banks like AMEX and Chase the spending is not reported on your personal credit report, so you can wait until the money is due without it having a negative effect on your score. That also means if you close the card, it won’t have an effect on your credit score.


As always, Southwest benefits include:

  • 2 free checked bags per passenger.
  • Free in-flight messaging.
  • Free in-flight streaming entertainment, including movies, live TV, on-demand TV, music, destination guides, and games.
  • No change fees to switch your flight. Whether you are on a paid or an award flight you can change without penalty!
  • No cancellation fee to cancel your flight (you will get Southwest credit for the full amount paid, even on non-refundable wanna get away fares) or to cancel and redeposit your award flight.
  • A refund of the fare or point difference if the price of your flight goes down after you buy it, just call to get the credit at any time before your flight!

Comparison chart to other cards:

Here’s how the new Chase Southwest Performance Business Credit Card stacks up with the:

CardSouthwest Consumer PrioritySouthwest Consumer PlusSouthwest Consumer PremierSouthwest Business PremierSouthwest Performance BusinessChase Ink Cash Business
Signup bonus40K Southwest points for spending $1K in 3 months.40K Southwest points for spending $1K in 3 months.40K Southwest points for spending $1K in 3 months.60K Southwest points for spending $3K in 3 months80K Southwest points for spending $5K in 3 months50K Chase points for spending $3K in 3 months
Annual Fee$149$69$99$99$199$0
Anniversary Bonus7.5K Southwest points3K Southwest points6K Southwest points6K Southwest points9K Southwest pointsNone
Annual Southwest travel credit$75NoneNoneNoneNoneNone
Annual Southwest A1-A15 boarding upgrade certificates4NoneNoneNone4None
Points per dollar spent on Southwest222235 if you buy Southwest gift cards on Staples.com or in office supply stores
Points per dollar spent on social media and search engine advertising111121
Points per dollar spent on Internet, Cable, and Phones111125
Points per dollar spend elsewhere111115 on telecom, office supplies, and gift cards from office supply stores, 2 on gas and dining, 1 elsewhere
Credit for Southwest in-flight WiFi20% cash backNoneNoneNoneFull credit, up to 365 times per yearNone
Credit for Southwest in-flight drinks20% cash backNoneNoneNoneNoneNone
Credit for Global Entry/Pre-CheckNoneNoneNoneNoneFull credit every 4 yearsNone
Points count towards companion passYesYesYesYesYesNo
Foreign transaction fees0%3%0%0%0%3%
Tier qualifying points towards A-list Status1.5K tier points for every $10K spent, up to $100K annuallyNoneNoneNone1.5K tier points for every $10K spent, up to $100K annuallyNone
Visa Savings Edge cash back NoneNoneNoneYesYesYes

Will you signup for the new Chase Southwest Performance Business Credit Card?

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36 Comments On "Intro Bonus: Earn 80,000 Points With The Brand New Chase Southwest Performance Business Credit Card! Plus: Comparison Chart Of Southwest Cards"

All opinions expressed below are user generated and the opinions aren’t provided, reviewed or endorsed by any advertiser or DansDeals.

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Yitz

Whats dif about this card over any of the other SW business cards (other than the annual fee?)

Shlomo

If I transfer my hertz points to southwest will to count to companion pass?
I have 50k hertz points or what it’s the way to use them?

Michael

They changed the conversion rate for redeeming gift cards. Instead of 5,000 points for $50, it’s now 6,750, so 80,000 points would get you just under $600 worth of gift cards.

Tony

If I have TSA precheck(I know a mistake) from my reserve card, can I get the global entry through this SW card? Or is it 1 or the other per person?

Also linking this card through paypal and then charging the card 5k 5 times paying a friend who will pay me back later, would that work to get the companion pass?

Esti A

When is most opportune time to apply for cc x 2 in order to maximize the companion pass (23 months) awarded?

Mlite

+1

S

Dan – unless this changed recently, you don’t even need to call or cancel and re-book flight if price goes down. They have option to change flight, and you can change to the same flight at the lower price.

leaf

Inflight WiFi Credit:
You’ll receive a statement credit equal to $8 Southwest WiFi charge on up to 365 charges per year! That will let you connect all of your family’s devices when you fly Southwest so that you can save a bundle!

||||||||||

Not sure if this is accurate. Perhaps it’s only one $8 credit per day, 365 days a year. IOW you can’t buy wifi for the whole family, because maximum statement credit will be $8 per daily charges for wifi.

leaf

The language is:
Inflight WiFi Credits on Southwest Airlines Flights: You will receive Inflight WiFi Credits in the form of credit card statement credits for purchases of WiFi access made on WiFi-enabled Southwest® aircraft with your Southwest Rapid Rewards® Performance Business Card. Inflight WiFi Credits are limited to a total of 365 $8 credits per year for all WiFi transactions on the overall business card account. You will not receive a credit for any unused portion of the annual benefit. Statement credit(s) will post to your credit card account the same day as your purchase(s) and will appear on your monthly credit card billing statement within 1-2 billing cycles. Account must be open and not in default at the time the statement credit is posted to your account. WiFi may not be available on all flights or for the full duration of a flight. In order to provide a top-notch WiFi experience Southwest prohibits access to certain high-bandwidth applications and websites. Southwest also prohibits access to certain obscene or offensive content.
\\\\\\\
Not really clear how the credit works as x365…
Perhaps if you run multiple transactions of $8 each it will still work for multiple family members on same flight.

GG

Dan, you wrote:
Transfer Chase Points To Southwest to maximize the value of your Companion Pass:
Another Blogger says points transferred from another chase card such as CSR do NOT count towards 110 CP. Can you pls offer a source for the above?

leaf

Dan is not suggesting that your points will count toward companion pass. Rather, he is suggesting that if you already have companion pass, your points transferred from Chase to Southwest will be worth ‘double.’
It’s stating the obvious, but worthy of noting.
(Just as it would also double your buying power if you bought a cash ticket…)

Yakov

Do you know if paying someone with PayPal from this card Is considered with the $5000 spending?
Thanks

fjdo

Is the companion pass valid for international flights as well?

Yoel

A basic question- i have a sole proprietorship business that i wont be buying anything new for the next 6-8 months. Can i get the business card and just use it for personal expenses?

Dav

Can you list where southwest flies direct or with connections from the nyc area ?

ORD Aa

Is plastiq pay for rent work for minimum spend ? any DP re Sw visa fees for plastic ? Considered Cash advance ?

Yos

How long after I closed my last business card can I reapply for this? Or no affiliation in that manner?

Ben

Been trying to click on this link today, it goes to southwest, but the link on southwest seems to be dead, is this a technical issue? or is the offer over?
Thanks

Mushka

After signing up, the credit card company is asking for the card, they sent me a letter that they need to verify the business info. I put my name in the business name and I do not have a utility bill on my name, the next easiest thing they want is a business name statement which cost $25, any one have this issue before?

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