Southwest® Rapid Rewards® Performance Business Credit Card

Card Fees
$0
Either $5 or 5% of the amount of each balance transfer, whichever is greater.
Either $15 or 5% of the amount of each transaction, whichever is greater.
Up to 29.99%
Ongoing Information
Earn 4 points per $1 spent on Southwest® purchases. Earn 3 points per $1 spent on Rapid Rewards® hotel and car rental partners. Earn 2 points per $1 spent on local transit and commuting, including rideshare. Earn 2 points per $1 spent on social media and search engine advertising, internet, cable, and phone services. Earn 1 point per $1 spent on all other purchases.
$199
Additional Card Details
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Expert Reviews
From the CompareCards.com Editorial Team, updated on Mar 23, 2023
Southwest teamed up with Chase and rolled out this compelling premium travel rewards card in 2019. The Southwest® Rapid Rewards® Performance Business Credit Card offers business owners the highest on-going earnings potential of all the Southwest cards. If you are a loyal Southwest flyer, you could rack up serious rewards to redeem on flights, hotel stays, gift cards, and more.
Start off with the biggest sign-up bonus available among all the Southwest co-branded offers. Earn 80,000 points after you spend $5,000 on purchases in the first 3 months.
You can earn an impressive Earn 4 points per $1 spent on Southwest® purchases. Earn 3 points per $1 spent on Rapid Rewards® hotel and car rental partners. Earn 2 points per $1 spent on local transit and commuting, including rideshare. Earn 2 points per $1 spent on social media and search engine advertising, internet, cable, and phone services. Earn 1 point per $1 spent on all other purchases.
There is a $199 annual fee. But that is more than offset by a generous line-up of valuable perks including four upgraded boardings per year, 9,000 Anniversary bonus points and a statement credit for Global Entry or TSA PreCheck® fee credit.
If you are comparing co-branded Southwest business cards, this is a step up from Southwest® Rapid Rewards® Performance Business Credit Card. The annual fee is higher on Southwest® Rapid Rewards® Performance Business Credit Card, but it comes with a bigger anniversary bonus and a better on-going earnings rewards rate. If your business spends a lot on digital advertising, internet, cable or phone services, Southwest® Rapid Rewards® Performance Business Credit Card is a better choice.
Expert Reviews of the Southwest® Rapid Rewards® Performance Business Credit Card
The Bottom Line
The Southwest® Rapid Rewards® Performance Business Credit Card is a top of the line business travel card that offers you the opportunity to earn points on everyday business spending.
The Good
This is a first-class business travel card with the biggest sign-up bonus and highest rewards earning structure of all the Southwest cards, plus a ton of exclusive benefits.
The Not so Good
The annual fee is not waived in the first year.
Editorial Note: This content is not provided by Chase. Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by Chase.