Southwest Fast Rewards Plus Credit score Card Assessment
The Southwest Fast Rewards Plus Credit score Card, like all co-branded journey playing cards, is geared toward individuals who usually fly with Southwest Airways.
It is a premium journey card that provides 3,000 miles yearly you’ve got it, a reduction on in-flight purchases, and two free EarlyBird Verify-Ins every year.
This card additionally includes a rewards construction, offering bonus miles on spending classes like transit, commuting, web, cable, telephone, and choose streaming.
One other energy of this card is its 50,000-mile signup bonus — which is greater than sufficient to get you a round-trip ticket or two!
In the event you’re excited about including the Southwest Fast Rewards Plus Credit score Card to your pockets, this information will assist you determine.
Is the Southwest Fast Rewards Plus Card for me?
The Southwest Fast Rewards Plus Card is designed for frequent flyers who prefer to journey with Southwest.
Because of this if you happen to’re a loyal Southwest buyer or dwell close to a Southwest hub, this card is perhaps an incredible choice for you. You’ll speed up your earnings towards free flights and get some stable perks, equivalent to two free EarlyBird Verify-Ins every year.
In the event you aren’t a fan of Southwest or dwell in a spot the place Southwest isn’t as prevalent, this card seemingly gained’t be as priceless as one other airline or generic journey rewards bank card.
What makes this bank card totally different?
What makes the Southwest Fast Rewards Plus Card totally different is its deal with Southwest Airways.
As a result of it’s a co-branded card, it might probably supply distinctive advantages and perks that generic journey bank cards can’t. In the event you fly Southwest often, you’ll get pleasure from these perks.
This card additionally comes with a nice signup bonus within the type of 50,000 factors whenever you spend $1,000 utilizing the cardboard inside three months of opening your account.
You can even obtain 10,000 Companion Move qualifying factors enhance every year. With the Companion Move, you possibly can identify one individual, equivalent to a partner, accomplice, or buddy, to be your companion. They’ll get a free ticket on any flight you guide for your self.
Generic journey playing cards don’t supply these specialised advantages and bonuses, so that they seemingly gained’t be as interesting to individuals who favor to fly with Southwest.
Associated: Finest bank card join bonuses
What are my probabilities of getting authorised?
As with every bank card, it’s vital to consider whether or not you’ve got an opportunity of qualifying earlier than you apply. Making use of for a brand new bank card drops your credit score rating by just a few factors, so that you don’t need to decrease your credit score for no cause.
Chase, this Southwest bank card’s issuer, says that candidates require good credit score to be eligible for the cardboard. Which means it’s best to attempt to have a credit score rating of about 670 or increased earlier than you apply.
All the main points of the Southwest Fast Rewards Plus Card
Bank cards are sophisticated, so earlier than you join one, you have to be sure you perceive how they work.
Charges and charges
The very first thing to take a look at whenever you need to get a brand new bank card is how a lot the cardboard will price. Some playing cards, together with journey playing cards, have annual charges, so that you need to be sure that the advantages and perks you’ll get cowl the price of having the cardboard.
The Southwest Fast Rewards Plus Card expenses $69 per 12 months.
Perks and rewards
On the subject of journey playing cards, it’s all concerning the perks and rewards. journey card ought to allow you to earn your means towards free journeys and assist you journey extra comfortably.
The Southwest Fast Rewards Plus Card does all of it, with an incredible signup bonus, sturdy ongoing rewards, and a few good perks to make use of everytime you’re on a flight.
To start out issues off, you possibly can earn 50,000 factors whenever you spend $1,000 inside your first three months of getting the cardboard.
After that, you’ll earn:
- 2 factors for every greenback spent on Southwest purchases.
- 2 factors for every greenback spent on Fast Rewards® lodge and automobile rental companions.
- 2 factors for every greenback spent on native transit and commuting, together with rideshare.
- 2 factors for every greenback spent on web, cable, telephone companies, and choose streaming companies.
- 1 level for every greenback spent on all different purchases.
As for perks, cardholders will get a 3,000-point bonus on every card member anniversary. You can even use the cardboard to get two free EarlyBird Verify-Ins every year and 25% again on all inflight purchases.
You’ll additionally get all the everyday bank card perks and advantages, together with prolonged guarantee safety and buy safety.
Associated: Finest journey rewards playing cards
The best way to apply
The best approach to apply for the Southwest Fast Rewards Plus card is to go to Chase’s web site. Chase is the financial institution that Southwest companions with to supply this bank card.
To start out the method, you’ll enter your private information, together with your:
- Date of start.
- Mom’s maiden identify.
- Social Safety quantity.
You’ll additionally want to offer your Southwest Fast Rewards quantity when you have one. In the event you don’t, Chase will mechanically set one up for you if you happen to’re authorised.
Lastly, you’ll enter whether or not you lease or personal, your month-to-month lease fee quantity (if relevant), and your complete annual earnings. When you apply, Chase will assessment it and make a lending determination.
Usually, Chase can decide immediately. Nonetheless, if the financial institution has hassle matching your data to your credit score file or needs to take a more in-depth have a look at a few of the software particulars, you might have to attend for a choice within the mail.
In case you have points along with your Southwest Fast Rewards Plus card, one of the best factor to do is attain out to Chase’s customer support.
You may contact Chase by signing in to your account and sending a safe message. You can even name bank card customer support at 1-800-432-3117 or contact @ChaseSupport on social media.
Different stuff it’s best to know
One vital factor to notice concerning the Southwest Fast Rewards Plus card is that it’s not the one Southwest journey card accessible. There are two others: the Precedence card and the Premier card.
The Plus is the entry-level card. It has the bottom annual price however the fewest perks of the three Southwest playing cards.
The Premier card is the following stage up from the Plus card. It has the next annual price at $99 however gives 3x factors on all Southwest purchases, 6,000 factors on each cardmember anniversary, and bonus qualifying factors towards A-Record standing.
The Precedence card is the top-end Southwest card. It has a $149 annual price however gives 7,500 factors on each card member anniversary and a $75 credit score for Southwest journey every year. You’ll additionally obtain 4 upgraded boardings every year.
One other factor to contemplate is that the Southwest Fast Rewards Plus card is designed for Southwest flyers. The rewards you earn are fairly rigid and usually solely good for Southwest flights. There are some present card redemption choices, however they aren’t a great worth.
Various bank cards to the Southwest Fast Rewards Plus Card Credit score Card
If the Southwest Fast Rewards Plus Card doesn’t appear to be the appropriate one for you, contemplate the next alternate options:
- Southwest Precedence: This card is beneficial for individuals who spend lots on it and need to earn A-Record standing.
- Southwest Premier: For frequent vacationers, this card’s annual assertion credit score and factors principally cowl the price. You’ll additionally benefit from the upgraded boarding perk.
- Chase Sapphire Most well-liked® Card: That is one other Chase card with much more versatile rewards, letting you redeem factors for any journey.
- Capital One Enterprise Rewards Credit score Card: This card has a $95 annual price and gives sturdy money again charges on journey purchases.
- American Specific Gold: That is the mid-tier Membership Rewards card. It gives versatile rewards and a great earnings charge on meals and journey.
How do you establish which bank card is best for you?
If you’re available in the market for a brand new bank card, it’s best to evaluate your choices to search out the appropriate one. When making this comparability, contemplate the next elements:
- Your potential to qualify. Card issuers design totally different playing cards for folks with totally different credit score profiles. Earlier than you apply, be sure you have a great likelihood of qualifying for the cardboard.
- Charges. Some playing cards, particularly journey playing cards, carry annual charges. Be sure to’re getting sufficient worth from the cardboard to make the price value paying.
- Perks. Every card has a unique set of perks and advantages. Make sure that the perks you obtain from the cardboard are helpful for you.
- Rewards. Bank cards can supply money again, factors, miles, or different rewards. Make sure that the rewards on supply align along with your targets. It’s additionally vital to consider their flexibility. You don’t need to be caught with miles you possibly can’t use. Additionally, contemplate the speed of incomes these rewards, and search for playing cards that provide bonuses on the varieties of purchases you make most frequently.
- Charges. Usually, it’s best to keep away from carrying a bank card steadiness each time potential. Nonetheless, typically it’s important to carry a steadiness. When that occurs, having a card with a low rate of interest is nice.
Southwest Fast Rewards Plus Card FAQ
Can I pool my Southwest miles with another person’s?
No, Southwest doesn’t supply any approach to pool your rewards with one other individual.
What’s the Southwest Companion Move?
The Southwest Companion Move is a perk you possibly can earn by means of a bank card signup bonus or by taking lots of flights in a single 12 months. If you earn this move, you possibly can select one different individual to get a free ticket on each flight you guide till the tip of the calendar 12 months after you earned it.
So, if you happen to earn the move in 2023, it’s going to expire on the finish of 2024. Some passes earned by means of promotions have totally different expiration dates.
Can I redeem my Southwest factors for issues aside from flights?
Sure, you possibly can redeem your Southwest factors for present playing cards to many in style retailers. Nonetheless, redeeming factors for flights is usually a greater worth.
Why select the Southwest Fast Rewards Plus Card?
With a powerful signup bonus and a few good perks, the Southwest Fast Rewards Plus Card is an effective choice for frequent Southwest fliers.
Given its affordable value, substantial signup bonus, and priceless perks, we give the Southwest Fast Rewards Plus Credit score Card a 4 out of 5 ranking.
In the event you suppose that is the appropriate card for you, apply now.