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Southwest Fast Rewards Premier Enterprise Credit score Card Overview
The Southwest® Fast Rewards® Premier Enterprise Credit score Card is the airline’s entry-level enterprise bank card. It affords 3 factors per greenback on Southwest Airways purchases and a couple of factors per greenback on ride-hailing and Fast Rewards lodge and automotive rental companions. With an annual price of $99, the Premier card is a good decide for thrifty Southwest loyalists. Card score*: ⭐⭐⭐½
*Card score relies on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.
Airline-specific bank cards aren’t typically the first picks for journey bank cards since they have an inclination to function restricted advantages that solely apply to a particular airline.
Nonetheless, the Southwest Fast Rewards Premier Enterprise Credit score Card generally is a sensible choice for small-business homeowners with its decrease annual price and interesting bonus classes, permitting you to earn factors on almost all of your bills.
Authorised candidates sometimes have credit score scores above 740.
Right here’s what you could know in case you’re contemplating the Southwest Premier Enterprise card in your firm.
Southwest Premier Enterprise professionals and cons
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Southwest Premier Enterprise welcome provide
Proper now, new cardholders can earn as much as 120,000 factors: 60,000 factors after spending $3,000 on purchases within the first three months from account opening and a further 60,000 factors after spending $15,000 in 9 months.
In response to TPG’s June 2024 valuations, this provide is value $1,560. That is fairly actually nearly as good because it will get for the Southwest Premier Enterprise card, primarily based on the cardboard’s provide historical past.
Along with the factors worth, do not forget that sign-up bonuses from Southwest playing cards rely towards Companion Go qualification.
As soon as earned, the Companion Go is legitimate for the rest of the yr and the next yr, so incomes it as early into the calendar yr as doable will show you how to obtain the utmost good thing about the cross.
Associated: use the Southwest Companion Go
Southwest Premier Enterprise advantages
The Southwest Premier Enterprise card has a $99 annual price and affords a fair proportion of perks that may make it a worthwhile card for infrequent Southwest flyers.
Two Early Fowl Examine-Ins every year: Southwest doesn’t assign seating however as a substitute permits flyers to verify in 24 hours earlier than the flight to acquire their boarding place. The sooner you verify in, the higher the possibilities of snagging your most well-liked seat if you board. The Early Fowl perk routinely checks you in 36 hours earlier than your flight, 12 hours earlier than flyers with out the perk — and also you’ll get pleasure from this perk twice per yr with the cardboard.
6,000 anniversary bonus factors: In your account anniversary, Southwest will routinely award you 6,000 anniversary bonus factors (value as much as $81, based on TPG’s June 2024 valuations). This alone successfully covers virtually the entire card’s annual price.
Standing Enhance: You’ll earn 1,500 Tier Qualifying Factors (TQPs) per $5,000 spent on the Premier card in a yr. This may also help you earn A-Record or A-Record Most well-liked standing sooner.
Free worker playing cards: There are not any charges for extra worker playing cards, and the unique cardholder will earn factors on worker spending. Enterprise homeowners can contact cardmember providers to place a spending restrict on worker playing cards.
$500 price credit score for level transfers: Southwest will cowl as much as $500 in charges related to level transfers every year. Transferring Fast Rewards factors to a different member sometimes prices $10 per 1,000 factors transferred, so you’ll be able to switch as much as 50,000 factors yearly with out paying further charges (after Southwest’s reimbursement).
Southwest additionally gives advantages to all of its flyers, impartial of whether or not they maintain a bank card with the airline or not. These advantages embody two free checked baggage with each flight, no change charges (flyers do pay any relevant fare distinction between the earlier and present ticket) and free cancellations — although some tickets are nonrefundable and will probably be returned as flight credit score.
Associated: Why Southwest is perhaps one of the best airline
Incomes factors on the Southwest Premier Enterprise
The Southwest Premier Enterprise card earns:
- 3 factors per greenback on Southwest Airways purchases
- 2 factors per greenback on Fast Rewards lodge and automotive rental companions
- 2 factors per greenback for native transit and commuting, together with ride-hailing providers
- 1 level per greenback for all different eligible purchases
Redeeming factors on the Southwest Premier Enterprise
The first redemption choice for Fast Rewards factors is Southwest-operated flights. Southwest follows a easy redemption course of: The costlier a flight is in money, the extra it is going to price in factors. There’s no outsize worth available, however that ensures you get comparatively constant worth in your rewards.
Redeeming Southwest factors is so simple as reserving Southwest flights on-line. Select “Factors” as a substitute of “{Dollars}” when deciding on the flight you need to e-book on the service’s web site. You’ll then see the award pricing in your itinerary.
Like all airways’ award tickets, flights booked with Southwest factors will nonetheless require fee for extra taxes and costs, which begin at $5.60 per manner. Nonetheless, tickets booked with factors are absolutely refundable, and there’s no penalty for cancellations (so long as you do it at the very least 10 minutes earlier than your scheduled departure time).
TPG bank cards editor Emily Thompson is a frequent Southwest flyer with a number of Southwest bank cards. She typically tops up the factors earned from her Southwest Premier Enterprise by transferring further factors from her Chase Sapphire Most well-liked® Card for flights.
The airline additionally affords worldwide flights, inns and automotive leases on its journey portal, however the charges are subpar in comparison with utilizing your factors on Southwest-operated flights.
Associated: redeem Southwest Fast Rewards level
Which playing cards compete with the Southwest Premier Enterprise?
If you need extra advantages or extra versatile rewards, considered one of these playing cards will probably be a greater match:
- If you need extra Southwest advantages: The Southwest® Fast Rewards® Efficiency Enterprise Credit score Card is the extra premium Southwest enterprise card obtainable. It has larger incomes charges and consists of perks like a International Entry/TSA PreCheck price credit score for a better $199 annual price. For extra particulars, take a look at our full overview of the Southwest Efficiency Enterprise.
- If you need extra versatile rewards: The Ink Enterprise Most well-liked® Credit score Card earns Chase Final Rewards factors, which you’ll switch to Southwest or any of Chase’s different 13 journey companions. For extra particulars, take a look at our full overview of the Ink Enterprise Most well-liked.
- In case you stay close to a United hub: The United℠ Enterprise Card has comparable perks for United for a $0 introductory annual price for the primary yr, then $99 annual price. For extra particulars, take a look at our full overview of the United Enterprise Card.
For extra choices, please see our full record of greatest enterprise and airline bank cards.
Associated: Is the Southwest Premier Enterprise definitely worth the annual price?
Backside line
The Southwest Fast Rewards Premier Enterprise Credit score Card is an effective choice for a loyal Southwest flyer, particularly with the chance to work towards a Companion Go after incomes the present welcome bonus.
Nonetheless, its incomes construction and ongoing advantages aren’t outstanding, so many enterprise homeowners will discover a higher slot in a distinct card.
Apply right here: Southwest Premier Enterprise Card
