Not sure how long this promotion will last, but apply for the Southwest Airlines Rapid Rewards® Plus Card to earn 50,000 bonus points after you spend $2,000 in your first 3 months of opening your account. The 50K bonus points is enough for 2 average roundtrip fares when redeemed for Southwest’s Wanna Get Away Fares. There is a $69 annual fee applied to your first billing statement.
Southwest Airlines Rapid Rewards Plus Credit Card Features:
- Receive 50,000 bonus points after you spend $2,000 in the first 3 months.
- Redeem points for International flights, cruises, hotel stays, car rentals, and gift cards.
- Earn 2 points per $1 spent on Southwest Airlines and AirTran Airways purchases made directly with the airlines.
- Earn 2 points per $1 spent on Rapid Rewards Hotel and Car Rental Partner purchases.
- Earn 1 point per $1 spent on all other purchases.
- Receive 3,000 points after your Cardmember Anniversary.
Start planning your trip to one of the 85+ destinations Southwest Airlines serves. There is also a limited-time balance transfer bonus. You can earn 1 point per $1 in balance transfers, up to 10,000 points, within the first 90 days of opening your account. The balance transfer fee is 3% of the amount transferred with a minimum of $5. Additional Cardmember benefits include your bags fly free with Southwest Airlines, points don’t expire, no change fees, and many more.
The 50K bonus points is worth around $715 in Southwest’s Wanna Get Away Fares. You take $715 minus the $69 annual fee, and my estimate for this card is $646 bonus. If you plan to apply for this card, you may want to go for the Southwest Airlines Rapid Rewards Plus® Business Card(also with 50K bonus points).
In doing so, you’ll qualify for both the Plus 50k bonus and Plus Business 50k bonus plus the 4k from spending for a total of 104,000 Rapid Rewards points. Spend another $6K to earn the last 6,000 points to reach the 110,000 bonus points mark to get your FREE Companion Pass! Those 110k points + free companion pass is worth over $1,900 in Wanna Get Away airfare split up into however many flights you want!
*The promotion is valid as of 5/30/2014,