April 23, 2024

If you’re a Southwest Airways flier trying so as to add to your Speedy Rewards Factors steadiness, you could be trying on the Southwest Speedy Rewards Premier card and the card_name.

The Southwest Speedy Rewards Premier card options elevated earnings of three factors per greenback on Southwest purchases, a 6,000 level bonus yearly in your cardmember anniversary, and a path to incomes extra Tier Qualifying Factors towards A-Record standing.

The card_name presents a strong set of journey and client insurance coverage protections, plus elevated earnings on journey purchases, eating, on-line grocery purchases, and streaming providers. The card_name presents factors that may be transferred to airline companions together with Southwest, providing you with some choice worth to make use of factors along with your most well-liked airline or hold them for higher-value redemptions

For most individuals, the card_name is the higher alternative.

On this overview, we’ll spotlight each playing cards, present you the advantages and rewards supplied by every and allow you to determine which card is best for you.

How the playing cards stack up

Right here’s how the Southwest Speedy Rewards Premier Credit score Card and card_name playing cards stack up:

  • Speedy Rewards
  • 3x on Southwest Airways
  • 2x on Speedy Rewards lodge and automotive rental companions
  • 2x on native transit, commuting and rideshare
  • 2x on web, cable, cellphone providers and choose streaming
  • 1x on all different purchases
  • Final Rewards
  • 5x on journey bought via Chase
  • 2x on all different journey
  • 3x on eating, together with supply, takeout and eating out
  • 3x on on-line grocery purchases
  • 3x on choose streaming providers
  • 1x on all different purchases

Different Advantages (or Further Perks)

  • 10,000 Companion Go qualifying factors every year
  • 1,500 A-Record tier qualifying factors for each $10,000 spent
  • Two EarlyBird Verify-Ins every year
  • Journey cancellation/interruption insurance coverage
  • Journey delay reimbursement
  • Baggage delay insurance coverage
  • Major auto rental collision injury waiver insurance coverage
  • Buy safety
  • Prolonged guarantee

Welcome bonus winner

The card_name allow new cardholder to bonus_miles_full The welcome bonus on the Southwest Premier card is comparable, at 60,000 bonus factors plus a 30% off promo code after spending $3,000 on purchases within the first 3 months from account opening.

Whereas the decrease spending threshold of $3,000 might make the Southwest Premier card’s welcome bonus extra engaging to some, we expect that the card_name’s welcome bonus presents a greater worth. You get barely extra factors, however the factors can be utilized for cash-back redemptions, journey redemptions via Chase Final Rewards at 1.25 cents every, or transferred to companions like Southwest Airways. The choice worth of Final Rewards factors provides Chase the sting.

Winner: card_name

Rewards winner

The card_name is far-and-away the winner in the case of rewards. Intuitively, Chase Final Rewards factors are price greater than Southwest Airways factors as a result of they are often transferred to Southwest Airways, along with getting used for a wide range of different redemptions. The choice worth of Final Rewards factors alone makes them a extra compelling forex to earn your rewards.

However you additionally earn extra factors on a lot of the purchases you make. Should you’re reserving accommodations, you’ll earn two Southwest factors per greenback with the Southwest Premier whenever you e book via their companions, however Chase will provide you with two Final Rewards factors for any lodge reserving, or 5 whenever you e book via Chase Final Rewards.

With the card_name, you’ll additionally earn extra on eating, different journey classes, streaming and on-line grocery retailer purchases. You’ll solely earn extra with the Southwest Airways card whenever you fly on Southwest, whenever you use the cardboard for native commuting that Chase doesn’t embody as journey, and whenever you pay your web and cellphone invoice.

Should you’re like most cardmembers, you’ll earn extra factors total with the card_name and the factors you earn can be extra versatile.

Winner: card_name

Annual price winner

The card_name’s annual price of annual_fees beats the annual price charged by the Southwest Premier card ($99 annual price) by $4.00. Technically, the card_name wins this class. Substantively, a $4 distinction in annual price gained’t make a lot distinction to most cardmembers.

Winner: card_name

APR winner

Each the card_name and the Southwest Premier playing cards carry a variable APR on purchases that ranges from reg_apr,reg_apr_type, based mostly on creditworthiness. When playing cards share the identical APR vary on purchases, you may regularly discover variations whenever you examine the opposite APRs just like the steadiness switch or money advance APRs.

On this case, digging deeper reveals no variations between the playing cards. The playing cards even have the identical My Chase Mortgage APR, the identical steadiness switch APR, the identical money advance APR and the identical penalty APR. This class is a precise tie.

Winner: Tie

Overseas transaction price winner

Chase presents each the card_name and the Southwest Premier with foreign_transaction_fee international transaction price, that means each of those playing cards is usually a good choice to hold when touring overseas.

Winner: Tie

Further perks

On the subject of extra perks, the card_name is as soon as once more the winner.

The cardboard’s flagship perks embody journey cancellation/interruption insurance coverage, main auto rental collision injury waiver insurance coverage, baggage delay insurance coverage, and journey delay reimbursement, all helpful protections in case you are searching for a card you need to use to e book journey.

However the card_name additionally is smart as your go-to card for buying objects with warranties, because it options each buy safety and prolonged guarantee safety.

The Southwest Premier card presents none of those protections, however you do get 10,000 Companion Go qualifying factors and two EarlyBird Verify-Ins every year. Plus, in case you’re going after A-Record standing, you earn 1,500 Tier Qualifying Factors for each $10,000 you spend.

On steadiness, the Southwest Airways card will get you nearer to A-Record standing and a companion cross, however the card_name presents insurance coverage protections that may profit you on each journey you’re taking, no matter airline.

Winner: card_name

Which card earns probably the most?

Should you’re like most vacationers, you’re more likely to earn extra with the card_name. While you journey completely with Southwest Airways and e book all your accommodations and automotive leases via Southwest’s companions, you would possibly eke out barely extra factors. However this isn’t lifelike for many vacationers.

journey, purchases made with Southwest Airways will earn yet another level per greenback with the Southwest card than they may with the card_name. However nearly all your different journey will earn extra with the card_name, particularly if you’ll be able to e book via Chase Final Rewards and benefit from the 5 factors per greenback that the cardboard presents for these bookings. Typically, the extra you journey, the extra you’ll earn with the card_name.

With the card_name, you’ll earn three factors per greenback on eating and on-line grocery retailer purchases. These classes will solely earn one level per greenback as common purchases on the Southwest Premier card.

The Southwest Airways Premier card does provide barely extra factors for some native transit and commuting bills. (The card_name counts rideshare providers like Uber and Lyft as journey purchases.) And also you’ll earn yet another level per greenback in your web, cable, and cellphone spending. However a $100 month-to-month cellphone invoice and a $200 spent on public transportation month-to-month quantities to solely an additional 3,600 factors a yr with the Southwest card. This quantity is more likely to be shortly eclipsed by extra earnings elsewhere.

Here’s what every card earns in its spending classes:

  • Southwest Airways Purchases: 3x
  • Speedy Rewards lodge and automotive rental companions: 2x
  • Native transit, commuting, and rideshare: 2x
  • Web, cable, and cellphone providers: 2x
  • Choose streaming: 2x All different purchases: 1x
  • Journey bought via Chase: 5x
  • All different journey: 2x
  • Eating, together with supply, takeout and eating out: 3x
  • On-line grocery purchases: 3x
  • Choose streaming providers: 3x
  • All different purchases: 1x

Our Take

Why We Suggest the card_name

For many vacationers, the card_name will earn you extra factors which are extra versatile whereas providing helpful journey insurance coverage protections. With the restricted exceptions of Southwest Airways flights and a handful of classes the place you’re more likely to spend solely a restricted sum of money every month, you’ll earn extra factors on nearly all your spending with the card_name.

As a result of the card_name earns Final Rewards fairly than Southwest factors, you’ve gotten extra choice worth making your factors each extra versatile and extra invaluable. You possibly can switch them to Southwest, convert them to money at one cent per level, use them to e book journey via Chase Final Rewards at 1.25 cents per level, or switch your factors to journey companions for worldwide flights on world airways or lodge stays.

Lastly, the card_name presents sturdy bank card journey insurance coverage protections and an prolonged guarantee profit.

Total, the card_name presents a bundle that features extra incomes, a extra versatile rewards forex, and higher advantages.

Why you’d nonetheless go for the Southwest Speedy Rewards Premier

Doubtless the one purpose you’d go for the Southwest Speedy Rewards Premier card over the card_name is in case you are chasing the Southwest Companion Go or A-Record standing with the airline. Factors transferred from Chase Final Rewards don’t depend for both the Southwest Companion Go or A-Record standing qualification. Should you’re going for both of these advantages with Southwest, think about sticking with the Southwest Speedy Rewards Premier card.

Backside Line: Extra Values for Vacationers

For many competing mid-tier premium journey playing cards, providing extra worth to vacationers than the card_name presents is a heavy elevate. Between incomes extra factors on most purchases, accumulating rewards in a versatile, transferable level forex, and providing a strong suite of journey insurances, the card_name delivers a price bundle that isn’t matched by the Southwest Speedy Rewards Premier. Most vacationers looking for a journey bank card ought to select the card_name.

Regularly requested questions (FAQs)

Do Chase Final Rewards depend in the direction of the Companion Go if I switch to Southwest?

Chase Final Rewards transferred to Southwest don’t depend towards both the Companion Go or A-Record standing.

Can I’ve a card_name and a Southwest Speedy Rewards bank card on the similar time?

Chase means that you can have a number of Southwest Airways bank cards, or a card_name and a number of Southwest Airways bank cards. You can’t maintain a couple of Chase Sapphire card.

Does Chase Sapphire work with Southwest?

The card_name and card_name playing cards earn Final Rewards factors, which may be transferred to Southwest whenever you maintain both card. Holding both card additionally means that you can convert Final Rewards factors you earn on different playing cards, such because the Chase Freedom Flex and card_name, to Southwest Speedy Rewards

Is card_name Good for flights?

The card_name is a wonderful card to make use of to e book your flights. The cardboard earns two factors per greenback on all journey, or 5 factors per greenback in case you e book your journey via Chase Final Rewards. Plus, the cardboard presents journey delay insurance coverage and journey cancellation/interruption insurance coverage.