Hi Travel Junkies,
Bad news today in the world of points and miles.
Effective immediately, Chase is now restricting bonuses on the Southwest Rapid Rewards personal credit cards to one bonus per 24 months.
This means that you can no longer open the Southwest Rapid Rewards Premier and theSouthwest Rapid Rewards Plus cards to earn most of the points required for the Southwest Companion Pass.
Note that this applies to new applications only. If you currently hold both Southwest Rapid Rewards cards but have yet to earn the bonuses, you are still eligible to earn both.
This is essentially the same rule that was recently put in to place with the Chase Sapphire Preferred Card and Chase Sapphire Reserve Card. If I’m being honest, I’m surprised it took this long for Chase to push the same rule to the Southwest cards.
The good news is that you can still earn the bonus on one of the Southwest personal cards as well as the Southwest Rapid Rewards Business Card, meaning the Companion Pass is still in play with two credit card bonuses.
And no, you don’t need to “officially” own a business to qualify for a business credit card!
Does this suck? Yes.
Is it the end of the world? Absolutely not.
Rules change all the time in the points and miles game and we have certainly seen worse than this.
As always, feel free to email me with questions.
Editor’s Note: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.