Southwest Speedy Rewards Premier Enterprise Credit score Card overview
The Southwest® Speedy Rewards® Premier Enterprise Credit score Card (see charges and costs) is the airline’s entry-level enterprise bank card. It affords strong earnings charges and a number of perks when flying Southwest. With an annual price of $149, the Premier card is a good decide for thrifty Southwest enterprise loyalists. Card ranking*: ⭐⭐⭐½
*Card ranking is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.
Airline-specific bank cards aren’t usually the first picks for journey bank cards since they have an inclination to characteristic restricted advantages that solely apply to a particular airline.
Nevertheless, the Southwest Speedy Rewards Premier Enterprise Credit score Card generally is a sensible choice for small-business homeowners who sometimes fly Southwest.
The cardboard was just lately refreshed, that includes new day-of-travel advantages and modified earnings. Nevertheless, these adjustments elevated the annual price by 50% to $149.
Southwest is at present in the course of sweeping adjustments, together with implementing bag charges, updating its boarding course of and including assigned seating, making now a good time to carry a Southwest bank card.
Accredited candidates sometimes have credit score scores above 670, however it’s not extraordinary to be accredited with a decrease rating.
This is what it’s essential know if you happen to’re contemplating the Southwest Premier Enterprise card in your firm.
Southwest Premier Enterprise professionals and cons
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Southwest Premier Enterprise welcome provide
Proper now, new cardholders can earn 60,000 factors after spending $3,000 on purchases within the first three months from account opening.
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In accordance with TPG’s July 2025 valuations, this provide is price $840. That is the commonplace welcome provide we sometimes see on this card, so it might be price ready for an elevated provide.
Along with the factors worth, keep in mind that welcome bonuses from Southwest playing cards depend towards Companion Move qualification.
As soon as earned, the Companion Move is legitimate for the rest of the yr and the next yr, so incomes it as early into the calendar yr as attainable will assist you to obtain the utmost good thing about the go.
Nevertheless, earlier than you go submit an utility, you’ll want to test your eligibility. This card, similar to most Chase cobranded playing cards, is topic to the Chase 5/24 rule.
Plus, there are restrictions on how usually you’ll be able to earn a Southwest welcome bonus. For instance, if you happen to’ve earned a welcome bonus on this card up to now 24 months, you might not be eligible.
Southwest Premier Enterprise advantages
The Southwest Premier Enterprise has a $149 annual price and affords a justifiable share of perks that may make it a worthwhile card for infrequent Southwest flyers. These embody:
- Two Early Chicken Verify-Ins: Cardholders obtain two Early Chicken Verify-Ins every year. (For flights working in 2025, ends Dec. 31)
- 6,000 anniversary bonus factors: In your account anniversary, Southwest will mechanically award you 6,000 anniversary bonus factors (price as much as $84, based on TPG’s July 2025 valuations). This alone successfully covers greater than half of the cardboard’s annual price.
- Free first checked bag: Obtain a free first checked bag for you and as much as eight passengers touring on the identical reservation. (A typical first checked bag prices $35, which might save a household of 4 $280 on a round-trip itinerary.)
- Precedence boarding: Obtain group 5 precedence boarding for you and as much as eight passengers touring on the identical reservation (for flights working in 2026 and past). When you have A-list standing, you’ll be able to board with an earlier group.
- Most popular seat choice: When obtainable, you and as much as eight passengers touring on the identical reservation can choose most well-liked seating inside 48 hours of departure (for flights working in 2026 and past). This can be a priceless perk contemplating Southwest will start charging for seat choice on flights working subsequent yr.
- Flight low cost code: Cardholders obtain one promotional 15% flight low cost code every anniversary yr (excluding Fundamental fares)
- Standing Enhance: You’ll earn 2,000 Tier Qualifying Factors for each $5,000 spent on the Premier card in a yr (with no cap on the variety of TQPs you’ll be able to earn). This can assist you earn A-Record or A-Record Most popular standing quicker.
- 10,000 Companion Move qualifying factors enhance yearly: Cardholders obtain 10,000 factors towards a Companion Move every year. This, mixed with the factors earned from the welcome provide, will put you nicely over midway towards incomes a companion go.
- Free worker playing cards: There aren’t 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 every year, though this profit will finish Dec. 31. Transferring Speedy Rewards factors to a different member sometimes prices $10 per 1,000 factors transferred, so you’ll be able to switch as much as 50,000 factors yearly with out paying further charges after Southwest’s reimbursement.
- No international transaction price: This card is a viable possibility to make use of for enterprise journey overseas.
Within the midst of all of the adjustments at Southwest, these perks afforded by the Southwest Premier Enterprise card can assist you avoid wasting cash each time you fly.
Incomes factors on the Southwest Premier Enterprise
The Southwest Premier Enterprise earns:
- 3 factors per greenback spent on Southwest Airways purchases (4.2% return based mostly on TPG’s July 2025 valuations)
- New: 2 factors per greenback spent at gasoline stations and eating places on the primary $8,000 in mixed purchases per yr. (2.8% return)
- 2 factors per greenback spent on Speedy Rewards lodge and automotive rental companions (2.8% return; ends Dec. 31)
- 2 factors per greenback spent on native transit and commuting, together with ride-hailing (2.8% return; ends Dec. 31)
- 1 level per greenback for all different eligible purchases (1.4% return)
It is essential to notice that present cardholders can have entry to each the brand new and expiring bonus classes.
The addition of the gasoline stations and eating places bonus class is welcomed, however having two different bonus classes eliminated on the finish of the yr, together with the native transit and commuting class, stings.
Except it’s essential earn Southwest factors, you are higher suited placing your on a regular basis enterprise spending on a card just like the Ink Enterprise Most popular® Credit score Card (see charges and costs) or the American Categorical® Enterprise Gold Card.
Associated: How to decide on the perfect bank card for your corporation bills
Redeeming factors on the Southwest Premier Enterprise
The first redemption possibility for Speedy Rewards factors is Southwest-operated flights. Southwest follows a easy redemption course of: The costlier a flight is in money, the extra it would price in factors. There isn’t any outsize worth available, however that ensures you get comparatively constant worth in your rewards.
Redeeming Southwest factors is so simple as reserving Southwest flights on-line. Select “Factors” as a substitute of “{Dollars}” when choosing the flight you wish to e-book on the provider’s web site. You may then see the award pricing in 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 method. Nevertheless, tickets booked with factors are absolutely refundable, and there’s no penalty for cancellations (so long as you do it a minimum of 10 minutes earlier than your scheduled departure time).
TPG e-newsletter and partnerships editor Emily Thompson is a frequent Southwest flyer with a number of Southwest bank cards. She usually tops up the factors earned from her Southwest Premier Enterprise by transferring further factors from her Chase Sapphire Most popular® Card (see charges and costs) for flights.
Southwest additionally affords worldwide flights, inns and automotive leases on its journey portal, however the charges are subpar in comparison with utilizing your factors on Southwest-operated flights.
Associated: How you can redeem Southwest Speedy Rewards factors
Which playing cards compete with the Southwest Premier Enterprise?
In order for you extra advantages or extra versatile rewards, one among these playing cards will likely be a greater match:
For extra choices, please see our picks for the perfect enterprise and airline bank cards.
Associated: Is the Southwest Premier Enterprise well worth the annual price?
Backside line
The Southwest Speedy Rewards Premier Enterprise Credit score Card is an effective possibility for a loyal Southwest flyer, particularly since you’ll be able to work towards a Companion Move after incomes the present welcome bonus.
Nevertheless, its incomes construction and ongoing advantages aren’t exceptional, so many enterprise homeowners will discover a higher slot in a special card.
Apply right here: Southwest Speedy Rewards Premier Enterprise Credit score Card
