Update to this original post: In further investigation, while it is possible to get more than one Southwest Rapid Rewards Business card, you can only get ONE bonus, which sort of defeats the purpose. The terms on the application page state:
“This bonus offer is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months.”
Apologies for the confusion!
How to Get More Than One Southwest Business Card
Here’s the scoop..
To get multiple Rapid Rewards Chase Southwest Business Premier cards, you simply need a different tax ID number for each one. However, you will not be able to get the bonus for both.
It’s certainly possible to operate more than one business, and it’s even MORE possible to run a business and do some freelancing on the side.
That’s how I operate, for example.
My business, which includes my blog and some other public relations work, operates under an S Corporation, which has its own tax ID number.
But for my freelance writing for sites like TODAY, US News, MSN and others, I operate under my social security number and file it on my taxes as a Schedule C.
That means, I could potentially get TWO Southwest business credit cards, though honestly at this point, I could cancel my original business card and just re-apply for it, as it’s been more than 24 months since I got it, allowing me to earn the sign-on bonus again. Though I suppose 30 days after, I could apply for a second one if I wanted.
While I probably won’t do this in 2019, as I am close to earning my Companion Pass again by year’s end, I might consider it for early 2020 to get a 2-year Companion Pass that would be good through the end of 2021.
Before applying for a second card, I’d need to have a reason to share with Chase as to why I needed TWO business cards, but that would be largely so I could keep expenses separate and aligned with the right businesses. That would actually be quite helpful :).
Remember, the easiest way to get approved for a business card is to get an Employee Identification Number from the IRS, or EIN. These are free and typically provide the paperwork that Chase wants to see.
You’d simply need one for each business.
Is this a possibility for you?
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How Maximize This Strategy Even Further
Does this work for any Chase business card? I don’t see why not! Reader, Mike, in the comments below pointed out he’s taken advantage of this deal with Chase Ink Preferred, which offers an 80,000-point bonus (though those points DO NOT qualify for the Southwest Companion Pass, but they can be used to book FREE Southwest flights), with success.
So getting a second bonus on the Chase Ink Preferred card appears to be a go…
Even better, he used his own referral link to open the second business card and get another 20,000 points. LOVE IT!!
What do you think?