Southwest Speedy Rewards Premier Enterprise card: Full particulars

Southwest Speedy Rewards Premier Enterprise Credit score Card Overview

The Southwest® Speedy Rewards® Premier Enterprise Credit score Card is the airline’s entry-level enterprise bank card. It provides 3 factors per greenback on Southwest Airways purchases and a pair of factors per greenback on native transit and commuting, together with ride-hailing and Speedy Rewards resort and automotive rental companions. With an annual charge of $99, the Premier card is a superb choose for thrifty Southwest loyalists. Card score*: ⭐⭐⭐½

*Card score 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 function restricted advantages that solely apply to a selected airline.

Nevertheless, the Southwest Speedy Rewards Premier Enterprise Credit score Card is usually a sensible choice for small-business homeowners. Its decrease annual charge and interesting bonus classes let you earn factors on practically all of your bills.

Accredited candidates sometimes have credit score scores above 740.

This is what you might want to know if you happen to’re contemplating the Southwest Premier Enterprise card to your firm.

Southwest Premier Enterprise execs and cons

Southwest Premier Enterprise welcome supply

Proper now, new cardholders can earn 60,000 factors after spending $3,000 on purchases within the first three months from account opening. In accordance with TPG’s October 2024 valuations, this supply is value $840.

Along with the factors worth, keep in mind that sign-up bonuses from Southwest playing cards depend towards Companion Go qualification.

As soon as earned, the Companion Go is legitimate for the rest of the 12 months and the next 12 months, so incomes it as early into the calendar 12 months as attainable will assist you obtain the utmost advantage of the move.

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Associated: Tips on how to use the Southwest Companion Go

Southwest Premier Enterprise advantages

The Southwest Premier Enterprise card has a $99 annual charge and provides a fair proportion of perks that may make it a worthwhile card for infrequent Southwest flyers.

Two Early Chook Verify-Ins every year: 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 probabilities of snagging your most popular seat if you board. The Early Chook perk mechanically checks you in 36 hours earlier than your flight, 12 hours earlier than flyers with out the perk — and you may take pleasure in this perk twice per 12 months with the cardboard.

6,000 anniversary bonus factors: In your account anniversary, Southwest will mechanically award you 6,000 anniversary bonus factors (value as much as $84, in line with TPG’s October 2024 valuations). This alone successfully covers nearly all the card’s annual charge.

Standing Enhance: You’ll earn 1,500 Tier Qualifying Factors (TQPs) per $5,000 spent on the Premier card in a 12 months. This may also help you earn A-Checklist or A-Checklist 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 charge credit score for level transfers: Southwest will cowl as much as $500 in charges related to level transfers every year. 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).

Southwest additionally offers advantages to all of its flyers, impartial 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 will probably be returned as flight credit score.

Associated: Why I select Southwest each time

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 Speedy Rewards resort and automotive 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 12 months, you’ll earn 1,500 Tier Qualifying Factors (TQPs). There isn’t a restrict on the variety of TQPs you’ll be able to earn — so you can (theoretically) spend your technique to Southwest elite standing with out ever setting foot on a airplane.

Redeeming factors on the Southwest Premier Enterprise

The first redemption choice 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’s going to price in factors. There is not any outsize worth available, however that ensures you get comparatively constant worth to 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 need to e-book on the service’s web site. You will then see the award pricing to 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 means. Nevertheless, tickets booked with factors are totally refundable, and there’s no penalty for cancellations (so long as you do it at the very least 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 usually tops up the factors earned from her Southwest Premier Enterprise by transferring further factors from her Chase Sapphire Most well-liked® Card for flights.

The airline additionally provides worldwide flights, accommodations and automotive leases on its journey portal, however the charges are subpar in comparison with utilizing your factors on Southwest-operated flights.

Associated: Tips on how to redeem Southwest Speedy Rewards factors

Which playing cards compete with the Southwest Premier Enterprise?

If you need extra advantages or extra versatile rewards, considered one of these playing cards will probably be a greater match:

For extra choices, please see our full checklist of greatest enterprise and airline bank cards.

Associated: Is the Southwest Premier Enterprise definitely worth the annual charge?

Backside line

The Southwest Speedy Rewards Premier Enterprise Credit score Card is an efficient choice for a loyal Southwest flyer, particularly with the chance to work towards a Companion Go after incomes the present welcome bonus.

Nevertheless, its incomes construction and ongoing advantages aren’t outstanding, so many enterprise homeowners will discover a higher slot in a special card.

Apply right here: Southwest Premier Enterprise Card