The Offer
Chase is offering the following bonus on the Southwest Plus, Premier, and Priority cards:
- Get 30,000 points + a companion pass which is good through 2/28/24 when you spend $4,000 within the first 3 months.
This signup offer is slated to end on March 13, 2023.
Card Details
- Annual fees are not waived the first year
- 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
- 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
They offered the same in 2022 and similar offers in the past as well. We often see offers on these cards for 75,000 points, but don’t have the automatic Companion Pass component; you typically need 125,000/135,000 points to get the pass.
Note that the Companion Pass earned with this signup deal is valid through February 2024 whereas when you earn it through the traditional method it’s valid through the end of the following year (which potentially can be almost 2 years, when timed right). This offer will still be a nice & simple deal for some people.
This offer is available via referral link as well (on newly generated links) which sweetens the deal considerably if you have a partner who can refer you and get 20,000 points.
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.
Seems that it changed to 50k points for $1k spend.
I received the card yesterday and charged 4k+. Chase let me move up the closing date to trigger companion pass sooner? I have a trip at the end of this month.
Similar question here. I will ask Chase today and report.
Our companion pass was triggered today before I called Chase to inquire about changing the closing date.
So you got the pass before your statement even closed ?
I applied, but was told that they needed more time to verify information. Have had this card 4 times before… Also, I didn’t get any follow up email… Very strange.
Not a great offer.
1. This Companion pass is only good for the next 12 months, where a standard pass is good through all of 2024.
2. You’re basically ‘paying for’ the companion pass. – This is a really low point offer.
I in no way encourage applying for business cards unless you can do so legitimately. However the bar to entry is very low. Resell any item on Ebay for intended profit, etc. and you have a business. Getting a traditional pass with a personal and business card is always the best way to go.
I feel this is a stretch to be on the list of best offers. This is definitely not a great offer for most people, but I understand that there may be a few people that aren’t able to apply for a business card. – Even then they need to be planning at least 2-3 trips with companion in the next 12 months a lot to make this better than the 75K and higher previous offers.
How soon after approval are you able to generate a referral link?
If you get this companion pass bonus and then get another 105,000 points or so this year, would that extend the companion pass to 12/31/2024? or would it still expire in Feb 2024?
I’m planning to cancel my existing SWA credit card (opened 4 yrs ago) and apply for this. If I cancel my current SWA credit card before the statement cycle ends does chase still credit me the points earned from purchases made in the current cycle?
Can someone confirm if the wait period is 30 days or 12 months if canceling an existing personal swa credit card and reapplying. SUB was received over 36 months ago.
Southwest devaluations incoming. Wooo!
They do this every year it seems.
This is definitely not as good as getting two southwest cards and getting the > 100k points + companion pass. However this is something easy and low stress to recommend to my friends outside the hobby.