So now that we have a new addition to the Southwest credit card portfolio, how does this affect your ability to earn the Southwest Companion Pass, which lets one person fly free with you for up to two years, if that is your plan for this year or next?
It doesn’t, really.
It simply gives you an additional choice between the two existing personal Southwest cards. Or at least that’s how I’d recommend you see it.
See my full review on the Southwest Priority Card:
To review or apply for any of the cards in this post, please consider starting at the TRAVEL CREDIT CARDS links in my main menu above. You’ll find it under Airline Cards and then click “See More Cards.” This allows me to earn a commission — at NO COST TO YOU — which I depend on to sustain the blog, so I can continue to bring you more great information FREE! You don’t have to use these links, but I’m super grateful if you do :). Alternately, you can use the Compare Cards links below.
The Southwest Priority Card and the Southwest Companion Pass
Here’s an overview about how you can use this card to help earn the awesome Southwest Companion Pass.
Earn 40,000 Bonus Points
You can currently earn 40,000 points on this card after a $1,000 minimum spend in three months. EASY!
This makes it as valuable — in terms of earning points (NOT in benefits)– as Southwest’s two other personal cards:
You ultimately have to decide WHICH of those cards you’d like to get, considering:
- Annual fee
- Anniversary points
- Southwest credit
- Other key benefits
I vote for the new Priority card if you fly Southwest with any frequency, as I think the BENEFITS are GREAT! And I personally am willing to pay the higher $149 annual fee for the benefits, as they would be more than offset for my family.
Your Companion Pass Strategy
With the personal Southwest credit card bonuses as they are currently, the easiest path to the Southwest Companion Pass, for which you need to collect 110,000 points is:
- 60,000 points for signing up for Southwest Rapid Rewards Premier Business ($3,000 minimum spend in 3 months)
- 40,000 points for signing up for Southwest Rapid Rewards Priority, Premier or Plus ($1,000 minimum spend in 3 months)
If you earn the bonuses and complete your minimum spend on each card, earning 1 point per dollar, you’ll have 60,000 + 3,000 + 40,000 + 1,000 = 104,000 points.
That leaves you with 6,000 additional qualifying points to collect.
And keep in mind, lots of people can qualify for the business card if they have ANY side income at all. That includes: babysitting, etsy, craft fairs, consulting, freelancing, dog walking, owning a rental home or vacation home, etc.
A Note About Applying for Business Cards
My recommendation if you are a sole proprietor (ie it’s just you and you have created any other type of company like an S Corp ot LLC) is to apply for an Employee Identification Number (EIN) from the IRS for free. This gives you the paperwork the bank may require (don’t panic if they decline you at first; they may just want to see some paperwork after you call the Chase Reconsideration Line).
How to Earn Your Remaining Companion Pass Points
OK, so if you’ve only got 6,000 points to earn, here are my top recommended ways to get your other Southwest points:
- Rapid Rewards Shopping Portal
- Check out my weekly post on the best deals.
- I just got Motley Fool for $19/month for 3,600 points; that would put you MORE than halfway there!
- Another great option is to subscribe to a magazine or two through Magazines.com and earn 20 points per dollar
- Doing back-to-school shopping? Start it HERE at stores like Old Navy, Under Armour, Macy’s, Penny’s and more and earn multiple points for every dollar you spend.
- Book a hotel on SouthwestHotels.com
- You can earn up to 10,000 point per night! That would be one and done!
- You don’t get your points until AFTER the stay is complete
- You can even book the cheapest hotel you can find in your hometown that earns the most points and not even stay there (that’s what we did). Just check in and you’re done!
Those are the two EASIEST ways to quickly earn points, though there are also plenty of other options.
Will the Priority card be part of your Southwest Companion Pass strategy? Let me — and others — know in the comments!
Thanks again for using the TRAVEL CREDIT CARDS link in the main menu or the Compare Cards link below!