Chase
Southwest Rapid Rewards Performance Business Credit Card
Annual Fee
$299
Bonus Value
$1,000
Min Spend
$5K/3mo
Current Welcome Offer
80,000
Rapid Rewards Points — worth ~$1,000
Spend $5,000 in 3 months
Verified from issuer
Last checked May 14
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Key facts
| Annual fee | $299 |
|---|---|
| Welcome bonus | 80,000 Rapid Rewards Points after $5,000 spend in 3 months |
| Bonus value estimate | ~$1,000 |
| Points program | Southwest Rapid Rewards |
| Card network | Visa |
What you get
All 3 perks ↓Perks/yr up to
$298
Annual Fee
$299
Covers fee
1.0×
Historical Intelligence
Offer history & timing
Current
80,000
Average
50,000
Tracked High
50,000
Recent changes
2026-05
Chase.com
Highest observed since tracking started: 50,000 (2026-05)
Timing Intelligence
Typical offer
The current offer is in line with the typical range for this card (average: 50,000). No strong signal to wait — it's a reasonable time to apply if this card fits your needs.
Based on 1 tracked changes.Not financial advice. Always verify with issuer.
Intelligence
Decision guide
Offer Score
Average
Typical offer and value
Timing
Typical offer
The current offer is in line with the typical range for this card (average: 50,000). No strong signal to wait — it's a reasonable time to apply if this card fits your needs.
Verified from issuer · May 14
Value
First-year value estimate
Conservative
+$534
65% benefit utilization, minimal travel redemptions
Realistic
+$950
85% benefit utilization, occasional transfer partner redemptions
Optimized
+$1,367
100% utilization, premium transfer partner redemptions
Keeper Value (Year 2+)
After the signup bonus — is it worth keeping?
-$10/yr
Based on avg US annual spend of $24,120 · Year 1 includes signup bonus. Illustrative — actual value varies by spending habits and redemption strategy.
Benefits & Transfer Partners
Benefits
Card perks & credits
Up to $298/yr in benefits
✈️travel credit
Global Entry / TSA PreCheck Credit
$25/yr
$100 Global Entry or $85 TSA PreCheck credit every 4 years (~$25/yr amortized).
🛫airline credit
4 Upgraded Boardings Per Year
$160/yr
4 upgraded A1-A15 boardings per year as statement credits (~$40 each).
Available at check-in; subject to availability
🎁other
9,000 Anniversary Bonus Points
$113/yr
9,000 bonus Rapid Rewards points on each account anniversary (~$113 at 1.25 cpp).
Live Data
Verified issuer data
Last verified: May 14, 2026
high confidenceEstimated Net Annual Value
$301
after annual fee
Transfer Partners
Airlines (1)
Data sourced from issuer page via automated extraction. Verify current offers directly with creditcards.chase.com.
Approval & Best For
Fit assessment
Best For / Not Best For
Best For
- Business owners looking to separate expenses and earn on business purchases
- Frequent flyers with a preferred airline wanting companion benefits
Not Best For
- Occasional credit card users who won't recoup the $299 annual fee through benefits
- Those who prefer straightforward cash back over points/miles redemptions
Current Offer Status
Offer status
80,000 Rapid Rewards Points
Last verified
May 12, 2026
Annual fee
$299/year
Compare & Alternatives
Alternatives
Consider these cards instead
Chase
United Explorer
Lower-fee option if you don't need all the premium perks.
$150/yr
80,000 pts
View review
Chase
United Quest
Lower-fee option if you don't need all the premium perks.
$250/yr
90,000 pts
View review
Chase
SW Priority
Lower-fee option if you don't need all the premium perks.
$229/yr
75,000 pts
View review
FAQ
Frequently asked questions
What's the current Southwest Performance Business welcome bonus?
80,000 Rapid Rewards Points after spending $5,000 in the first 3 months. Welcome bonus offers change frequently — the value shown on this page is updated against the issuer's published offer. For the live offer, click through to the apply page; the bonus is confirmed at approval time, not click time.
Is the Southwest Performance Business worth the $299 annual fee?
For first-year cardholders the answer is usually yes — the welcome bonus (~$1,000 estimated cash value) plus up to ~$298/yr in tracked benefits and credits typically covers the $299 fee several times over. After year one, the math depends on whether you actually use the recurring credits and category multipliers. Run your real spending through our Annual Fee Calculator before deciding to renew.
What are the main benefits of the Southwest Performance Business?
The highest-value benefits we track on the Southwest Performance Business: 4 Upgraded Boardings Per Year (~$160), 9,000 Anniversary Bonus Points (~$113), Global Entry / TSA PreCheck Credit (~$25). Combined tracked benefit value is up to ~$298 per year against the $299 annual fee. Dollar values are our estimates of realistic usage — credits that require enrollment or expire monthly are worth less if you don't actively use them.
What credit score do I need for Southwest Performance Business?
Realistic target: 690+ FICO. Issuers don't publish hard cutoffs, but data points from approval/denial reports suggest 690+ is the floor for reliable approval on cards in Southwest Performance Business's tier. Income, debt-to-income ratio, and existing relationship with Chase also matter — use our Approval Predictor for a more personalized estimate.
What credit limit does the Southwest Performance Business come with?
Chase doesn't publish credit limits for the Southwest Performance Business — your starting line is assigned individually at approval based on income, existing debt obligations, and credit history, so reported limits vary widely between applicants. If your initial limit is lower than you'd like, most issuers let you request a credit-line increase after several months of on-time payments.
Editorial guides
More on Southwest Performance Business and Chase
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Tools & next steps
Run the math for your situation
Why trust this review
- Independent research. CreditPoints is not paid by issuers to rank cards. All scores are algorithmic, based on public offer data, benefit valuations, and issuer rules.
- Regular verification. Offer amounts, spend requirements, and benefit values are checked against issuer pages via automated monitoring and manual audit.
- Transparent methodology. Every value estimate uses disclosed assumptions. Read our full scoring methodology.
Editorial note: CreditPoints may earn a commission when you apply through some of the links on this page. The first-year value math, transfer-partner analysis and approval signals on this card review are algorithmic and identical for all readers. We never accept payment to change ordering.
Southwest Rapid Rewards Performance Business Credit Card
Current offer: 80,000 Rapid — worth ~$1,000
Apply via ReferralChase's secure site · No data stored · Commission may apply
Offers are based on publicly available information and are subject to change without notice. Estimated values are illustrative. Not affiliated with or endorsed by any card issuer.
Southwest Performance Business
80,000 Rapid offer