Best Business Credit Cards

Southwest® Rapid Rewards® Premier Business Credit Card Review: A Loyalty Booster for Business Flyers

Earn more Southwest® points for business spending with anniversary bonuses and no foreign fees.

Rickie C. Keys, Ph.D., MPH

31 Mar 2024 — 1 min read

Features

Annual Fee: $99, a moderate cost for frequent flyers.
Sign-up Bonus: Earn 60,000 points after spending $3,000 in the first 3 months.
Rewards Rate: 3X points on Southwest® purchases; 2X on Rapid Rewards® hotel and car partners, local transit, and commuting; and 1X on all other purchases.
Anniversary Bonus: 6,000 points for each card member's anniversary, helping offset the annual fee.
A-List Status Path: Earn tier qualifying points towards A-List status with each purchase.

Benefits

Generous Welcome Offer: The sign-up bonus is substantial, providing a significant boost towards flight rewards or even a Companion Pass.
Rewards on Every Purchase: Every dollar spent earns points, with enhanced rates for Southwest® and partner purchases.
No Foreign Transaction Fees: Ideal for international travel without extra charges.
Travel Protections: Includes baggage delay insurance, lost luggage insurance, and more for peace of mind.

Drawbacks

Annual Fee: While justified by the benefits, the $99 fee is a consideration for budget-conscious businesses.
Limited Flexibility: Rewards are most valuable when used for Southwest® flights, limiting versatility compared to general travel cards.
High APR: The variable APR might be costly for those carrying a balance.

Product Summary

The Southwest® Rapid Rewards® Premier Business Credit Card is a compelling option for small business owners who prefer Southwest Airlines. The card's robust rewards program makes every business expense more rewarding and opens the door to valuable travel perks and status within the Rapid Rewards® program. The annual bonus points offer a tangible return that can help balance the cost of the annual fee, making it a worthwhile investment for loyal Southwest® customers. However, those seeking flexibility in redeeming rewards or being sensitive to annual fees might explore other options. This card is a strong contender for businesses aligned with Southwest's® network and looking to maximize their travel benefits.

Apply Now!

Insurance: Protecting Your Financial Future

Introduction Insurance is essential for protecting yourself and your family from unexpected financial burdens. This blog post will guide you through understanding different types of insurance and choosing the right policies and strategies to manage insurance costs effectively. By the end, you’ll have the knowledge to secure your financial

Identity Theft: Safeguarding Your Financial Future

Introduction Identity theft is a growing concern in our digital age, and protecting your personal information is essential to safeguarding your financial future. This blog post will guide you through best practices for protecting your identity, monitoring for identity theft, and recovering if your identity is stolen. By the end,

Home Ownership: A Journey to Financial Security

Introduction Owning a home is a significant financial milestone and a key component of financial security. This blog post will guide you through home-buying, managing home expenses, and exploring real estate investment opportunities. By the end, you’ll have the knowledge to make informed decisions about home ownership and build

Creating Wealth: Strategies for Long-Term Financial Success

Introduction Building wealth involves making informed investment decisions and understanding the long-term strategies that can lead to financial success. This blog post will guide you through different types of investments, the importance of risk and diversification, and key strategies for creating wealth. By the end, you’ll have the knowledge