Chase Southwest Personal Cards: $400 + 40,000 Points Signup Bonus

Update 11/12/24: Public link now available as well. Kindly use a reader’s referral link if you’re signing up; those can be found here, thank you. Expiration on the public offer is showing 12/16/24.

The Offer

Find referral links on this dedicated page

Chase is offering the following bonus on the Southwest Plus, Premier, and Priority cards when signing up via referral link:

• Earn a $400 statement credit + 40,000 bonus points after you spend $3,000 on purchases in the first 4 months from account opening.
• This signup offer is slated to end on 12/9/2024.

Card Details

• Annual fees are not waived the first year
• Card earns the following rates:
  • 2x points (3x for Premier and Priority) for every $1 you spend on Southwest Airlines purchases
  • 2x points for every $1 you spend on Rapid Rewards hotel and car partners
  • 2x points per $1 you spend on local transit and commuting, including rideshare
  • 2x points per $1 you spend on internet, cable, phone services, and select streaming
  • 1x points for every $1 you spend on everyday purchases
• Get 25% back on in-flight purchases
• The Plus and Premier get  2 earlybird check-ins per year
• Premier and Priority earn 1,500 tier qualifying points towards A-List status for every $10,000 spent, with no limit on the amount of TQPs you can earn
• The Premier personal card earns a 6,000 points anniversary bonus; the Plus earns 3,000 points anniversary bonus; the Priority earns 7,500 anniversary bonus
• The Plus and Premier personal and business cards get a new benefit of 2 earlybird check-ins per year.
• All cards (besides Plus personal and Plus business) earn 1,500 tier qualifying points towards A-List status for every $10,000 spent, with no limit on the amount of TQPs you can earn.
• All cards (besides Performance Business) get 25% back on in-flight purchases.
• Southwest credit cardholders get 10,000 Companion Pass-qualifying miles which brings down their overall miles required to get the pass from 135,000 to 125,000
• Chase 5/24 rule does apply to this card
• How Much Are Southwest Rapid Rewards Points Worth?
• Everything You Ever Wanted To Know About The Southwest Companion Pass

Our Verdict

While many will prefer the recently expired offer for 85,000 points, this $400+40k offer will be interesting to those who like cash. And you can help a friend get 25,000 points when signing up through their referral link (do not share your referrals in the comments below).

Timing-wise, this is an ideal time to earn points towards a companion pass. That said, this offer only gives 40,000 points and is not going to get you close to earning the Pass. It could still make sense when paired with a Southwest Business Performance card which has an 80,000 points bonus signup offer.

We’ll add this to our list of Best Credit Card Signup Bonuses. Before applying, check out these 26 Things Everybody Should Know About Chase Credit Cards.

Hat tip to reader Not Sam