Chase and Southwest recently launched the Chase Southwest Priority card, a premium rewards card that gives you a $75 airline credit each year, 20% back on in-flight purchases, 4 upgraded boarding passes, and 7,500 points after your first cardmember anniversary.
If you fly Southwest Airlines often, then the new Chase Southwest Priority credit card might be a good keeper card to have in your wallet.
Like all of the other Chase Southwest cards, the Chase Southwest Priority card is affected by the Chase 5/24 rule.
Southwest Rapid Rewards® Priority Credit Card
Welcome bonus: 60,000 Rapid Rewards points after you spend $2,000 within the first 3 months of account opening
Travel credit: $75 Southwest annual travel credit each year
7,500 Anniversary points after your cardmember anniversary
Earn 2X points on Southwest and hotel/car rental partners
Earn 1X points everywhere else
4 Upgraded boarding passes per card anniversary year
20% back on in-flight drinks, wifi, messaging, and movies
Foreign transaction fees: 0%
Earn tier qualifying points towards A-list status
Earn up to 65,000 Rapid Reward points when you spend $15,000 in the first year, broken down into two tranches:
Tranch 1 = 40,000 Rapid Rewards after $1,000 spend within the first three months of account opening.
1 CPP * 40k = $400
1.5 CPP * 40k = $600
2 CPP * 40k = $800
Tranch 2 = 25,000 Rapid Rewards after spending a total of $15,000 within the first year of account opening.
Earn 40,000 points after you spend $1,000 on the card within the first three months of account opening. Earn an additional 25,000 points after you spend a total of $15,000 on purchases with the first 12 months of account opening.
Southwest has an open seating system, so when you book a flight, you will not be assigned a seat. Seats are on a first board, first serve basis.
Upgraded Boarding is a benefit that allows you to secure positions A1 - A15 when you board so you have first dibs on the seat you want on the plane. Depending on your itinerary, upgraded boarded can be worth $30, $40, or $50 per flight.
If you are someone who values the upgrades and would pay for upgraded boarding regardless, then this benefit is worth $120-$200 per year.
I'm not picky when I fly Southwest, so I don't value upgraded boarding. I usually try to check-in ASAP to get a decent boarding position. For me, the benefit would be worth maybe $5 since I wouldn't otherwise pay for it.
20% Discount on In-Flight Purchases
If you're someone that makes in-flight purchases, then the 20% discount is a good benefit to have.
I've never made an in-flight purchase, so this benefit is not applicable to me.
The Chase Southwest Priority card earns 1,500 tier qualifying points (TPQs) for each $10,000. You can earn up to 15,000 on up to $100,000 points in a calendar year.
You'll need 35,000 TPQs to earn A-List status. Learn more about A-List status on Southwest's website: https://www.southwest.com/html/generated/help/faqs/rapid_rewards_tiers_faq.html
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