Southwest Fast Rewards Premier Enterprise Credit score Card Overview
The Southwest® Fast Rewards® Premier Enterprise Credit score Card is the airline’s entry-level enterprise bank card. It gives 3 factors per greenback on Southwest Airways purchases and a pair of factors per greenback on ride-hailing and Fast Rewards lodge and automobile rental companions. With an annual price of $99, the Premier card is a superb decide for thrifty Southwest loyalists. Card score*: ⭐⭐⭐½
*Card score relies on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.
Airline-specific bank cards aren’t typically the first picks for journey bank cards since they have an inclination to function restricted advantages that solely apply to a selected airline.
Nonetheless, the Southwest Fast Rewards Premier Enterprise Credit score Card generally is a good selection for small-business homeowners with its decrease annual price and interesting bonus classes, permitting you to earn factors on almost all of your bills.
Accepted candidates usually have credit score scores above 740.
This is what it is advisable to know should you’re contemplating the Southwest Premier Enterprise card on your firm.
Southwest Premier Enterprise execs and cons
| Professionals | Cons |
|---|---|
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Southwest Premier Enterprise welcome provide
Proper now, new cardholders can earn as much as 120,000 factors: 60,000 factors after spending $3,000 on purchases within the first three months from account opening and a further 60,000 factors after spending $15,000 in 9 months.
In keeping with TPG’s June 2024 valuations, this provide is value $1,560. That is fairly actually pretty much as good because it will get for the Southwest Premier Enterprise card, primarily based on the cardboard’s provide historical past.
Along with the factors worth, keep in mind that sign-up bonuses from Southwest playing cards depend towards Companion Go qualification.
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As soon as earned, the Companion Go is legitimate for the rest of the yr and the next yr, so incomes it as early into the calendar yr as potential will enable you obtain the utmost good thing about the go.
Associated: Methods to use the Southwest Companion Go
Southwest Premier Enterprise advantages
The Southwest Premier Enterprise card has a $99 annual price and gives a justifiable share of perks that may make it a worthwhile card for infrequent Southwest flyers.
Two Early Chook Test-Ins annually: Southwest doesn’t assign seating however as a substitute permits flyers to examine in 24 hours earlier than the flight to acquire their boarding place. The sooner you examine in, the higher the possibilities of snagging your most popular seat once you board. The Early Chook perk routinely checks you in 36 hours earlier than your flight, 12 hours earlier than flyers with out the perk — and you may get pleasure from this perk twice per yr with the cardboard.
6,000 anniversary bonus factors: In your account anniversary, Southwest will routinely award you 6,000 anniversary bonus factors (value as much as $81, in accordance with TPG’s June 2024 valuations). This alone successfully covers nearly all the card’s annual price.
Standing Enhance: You’ll earn 1,500 Tier Qualifying Factors (TQPs) per $5,000 spent on the Premier card in a yr. This might help you earn A-Record or A-Record Most well-liked standing quicker.
Free worker playing cards: There are not any charges for extra worker playing cards, and the unique cardholder will earn factors on worker spending. Enterprise homeowners can contact cardmember companies to place a spending restrict on worker playing cards.
$500 price credit score for level transfers: Southwest will cowl as much as $500 in charges related to level transfers annually. Transferring Fast Rewards factors to a different member usually prices $10 per 1,000 factors transferred, so you’ll be able to switch as much as 50,000 factors yearly with out paying extra charges (after Southwest’s reimbursement).
Southwest additionally offers advantages to all of its flyers, unbiased of whether or not they maintain a bank card with the airline or not. These advantages embody two free checked baggage with each flight, no change charges (flyers do pay any relevant fare distinction between the earlier and present ticket) and free cancellations — although some tickets are nonrefundable and might be returned as flight credit score.
Associated: Why Southwest could be the most effective airline
Incomes factors on the Southwest Premier Enterprise
The Southwest Premier Enterprise card earns:
- 3 factors per greenback on Southwest Airways purchases
- 2 factors per greenback on Fast Rewards lodge and automobile rental companions
- 2 factors per greenback for native transit and commuting, together with ride-hailing companies
- 1 level per greenback for all different eligible purchases
And for each $5,000 spent on the cardboard inside a calendar yr, you’ll earn 1,500 Tier Qualifying Factors (TQPs). There isn’t any restrict on the variety of TQPs you’ll be able to earn — so you could possibly (theoretically) spend your solution to Southwest elite standing with out ever setting foot on a airplane.Associated: What’s Southwest Airways elite standing value?
Redeeming factors on the Southwest Premier Enterprise
The first redemption possibility for Fast Rewards factors is Southwest-operated flights. Southwest follows a easy redemption course of: The costlier a flight is in money, the extra it can price in factors. There is no outsize worth available, however that ensures you get comparatively constant worth on your rewards.
Redeeming Southwest factors is so simple as reserving Southwest flights on-line. Select “Factors” as a substitute of “{Dollars}” when deciding on the flight you wish to e book on the service’s web site. You may then see the award pricing on your itinerary.
Like all airways’ award tickets, flights booked with Southwest factors will nonetheless require fee for extra taxes and costs, which begin at $5.60 per manner. Nonetheless, tickets booked with factors are absolutely refundable, and there’s no penalty for cancellations (so long as you do it no less than 10 minutes earlier than your scheduled departure time).
TPG bank cards editor Emily Thompson is a frequent Southwest flyer with a number of Southwest bank cards. She typically tops up the factors earned from her Southwest Premier Enterprise by transferring extra factors from her Chase Sapphire Most well-liked® Card for flights.
The airline additionally gives worldwide flights, resorts and automobile leases on its journey portal, however the charges are subpar in comparison with utilizing your factors on Southwest-operated flights.
Associated: Methods to redeem Southwest Fast Rewards level
Which playing cards compete with the Southwest Premier Enterprise?
If you’d like extra advantages or extra versatile rewards, one in all these playing cards might be a greater match:
For extra choices, please see our full record of greatest enterprise and airline bank cards.
Associated: Is the Southwest Premier Enterprise well worth the annual price?
Backside line
The Southwest Fast Rewards Premier Enterprise Credit score Card is an effective possibility for a loyal Southwest flyer, particularly with the chance to work towards a Companion Go after incomes the present welcome bonus.
Nonetheless, its incomes construction and ongoing advantages aren’t outstanding, so many enterprise homeowners will discover a higher slot in a unique card.
Apply right here: Southwest Premier Enterprise Card
