Southwest Rapid Rewards Performance Business Card Review

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The card_name is Southwest’s top-tier business card offering nice benefits such as 4x points on Southwest Airlines purchases, 9,000 anniversary points, four annual Upgraded Boardings, in-flight Wi-Fi credits, and travel and purchase protections.

This credit card review will cover everything you need to know about this card to determine if you should add this card or a different card to your wallet. Let’s dive right in.

Upgraded Boardings + WiFi Passes
Southwest® Rapid Rewards® Performance Business Credit Card
  • bonus_miles_full
  • 4X Points on Southwest Airlines
  • 2X Points in Ridesharing, Transit, Social Media and Search Engine Advertising, Internet, Cable, & Phone
  • 9,000 Bonus Points for Each Cardmember Anniversary
  • 4 Upgraded Boardings Per Year
  • 365 InFlight WiFi Credits Each year
  • Global Entry or TSA PreCheck Credit
  • $199 Annual Fee

Click Here to Learn How to Apply

Welcome Bonus of Southwest Performance Business

The Southwest Performance Business currently offers the following welcome bonus:

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Earning Points with Southwest Performance Business

The Southwest Performance Business offers the highest rewards earning rate for Southwest credit cards, allowing you to earn: 

  • 4 points per dollar on Southwest Airlines purchases.
  • 3 points per dollar on Rapid Rewards hotel and car rental partners.
  • 2 points per dollar for local transit and commuting, including ride-hailing services.
  • 2 points per dollar for social media and search engine advertising.
  • 2 points per dollar for internet, cable, and phone services.
  • 1 point per dollar for all other eligible purchases.

Spending on a Southwest credit card helps you earn A-List elite status. For every $5,000 spent in purchases annually, you earn 1,500 TQPs toward A-List status.

Southwest Airlines Plane

Annual Fee for Southwest Performance Business

The Southwest Performance Business has a $199 annual fee, which is partially offset by 9,000-anniversary points, four upgraded boardings, in-flight Wi-Fi credits, Global Entry / TSA PreCheck credit, and other travel benefits.

You can also add additional employee cards for no additional fee.

Benefits of the Southwest Performance Business

The Southwest Performance Business offers the following benefits:

9,000 Anniversary Points: Every cardmember anniversary you will receive 9,000 points for holding on to your Southwest Performance Business credit card, helping you offset the annual fee.

Four Upgraded Boardings: You will receive four upgraded boardings to positions A1-15 per year. All you need to do is purchase the upgraded boarding option with your card, and the charge will be reimbursed within eight weeks.

Wi-Fi Credits: The Southwest Performance Business offers 365 in-flight Wi-Fi credits per year, which saves you $8 each time. 

Companion Pass Boost: Every year, you can reach the valuable Southwest Companion Pass faster with a 10,000 Companion Pass qualifying point boost.

Transfer Credit: Southwest will cover up to $500 in fees associated with point transfers each year. Transferring Rapid Rewards points to another member typically costs $10 per 1,000 points. This allows you to transfer up to 50,000 points every year without paying additional fees (after reimbursement).

Global Entry / TSA PreCheck / Nexus Credit: This card offers a credit for either TSA PreCheck (expedited airport security), Global Entry (expedited airport security and customs), or NEXUS (expedited crossing between US and Canada).

Lost Luggage Reimbursement covers the cost to repair or replace your luggage, and the personal belongings contained within if your bag is lost or damaged during a covered trip.

Purchase Protection covers eligible purchases against accidental damage or theft for up to 120 days for purchases this card.

No Foreign Transaction Fees: You can make international purchases with your card without paying an extra fee of around 3%.

Extended Warranty coverage adds up to an additional year of coverage for eligible purchases on manufacturer’s warranties up to 3 years for this Chase card.

Southwest Airlines Seats 1

Redeeming Southwest Points

One of the best things about redeeming Southwest Rapid Rewards points is the simplicity of the process. The cost of your award ticket is directly tied to the cash price of the flight. The higher the cash price, the more points are required.

Southwest has no blackout dates on any redemptions, so you can use your Rapid Rewards points to book any Southwest Airlines ticket for sale. Plus, if the flight price goes down, you can just rebook your Southwest flight, and the difference in points will go back to your account.

Southwest Points Value Calculator

It is always important to know how much points are worth. Based on our data study, the value of Southwest Rapid Rewards points is 1.37 cent per point towards flights, and here is a calculator to find out how much your Southwest points are worth.

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Pros and Cons

Here are the advantages and disadvantages of this card:

Pros:

  • 4x points on Southwest flights.
  • Upgraded Boardings, in-flight Wi-Fi, and anniversary points help offset the annual fee.
  • It is easy to redeem Southwest Rapid Rewards points.
  • Spending counts towards the valuable Southwest Companion Pass.

Cons:

  • No trip delay or rental car insurance.
  • Large annual fee.

Alternatives to the Southwest Performance Business

Now that you know about this credit card’s various benefits and pros and cons, it’s time to see its alternatives.

Southwest® Rapid Rewards® Premier Business Credit Card
  • bonus_miles_full
  • 3X Points on Southwest Purchases
  • 2X Points on Transit, Rideshare, and Commuting
  • 6,000 Anniversary Points
  • 2 EarlyBird Check-Ins Per Year
  • 25% Savings on In-Flight Purchases
  • Lost Luggage and Baggage Delay Insurance
  • $99 Annual Fee

Click Here to Learn How to Apply

The card_name (review) is Southwest’s mid-tier business credit card offering 3x points on Southwest purchases and 2x points on Rapid Rewards hotel and car rental purchases, local transit, and commuting, including rideshare. 

At only $99 per year, this card also offers 6,000 bonus points for each cardmember anniversary, two EarlyBird check-in each year, and 25% discounts on in-flight purchases. 

The Southwest Premier Business card also comes with lost luggage reimbursement, baggage delay insurance, secondary rental car insurance, purchase protection, and an extended warranty.

Ink Business Preferred® Credit Card
  • bonus_miles_full
  • 3X Points on Travel, Shipping, Advertising (Social Media and Search Engines), Internet, Cable, and Phone on the First $150,000 Each Account Year
  • 25% Additional Points Value in Travel Redemption
  • Primary Rental Car Insurance
  • Trip Cancellation/Interruption Insurance
  • Cell Phone Protection
  • Purchase Protection and Extended Warranty
  • No Foreign Transaction Fees
  • $95 Annual Fee

Click Here to Learn How to Apply

The Ink Business Preferred® Credit Card (review)  is an excellent choice for business owners looking for a card that offers valuable rewards and benefits.

With this card, you’ll earn:

  • 3 points per $1 spent on travel, shipping purchases, internet, cable, phone services, and advertising purchases made with social media sites and search engines (up to $150,000 in combined purchases per account anniversary year).
  • 1 point per $1 spent on all other purchases, with no limit on the number of points you can earn.

Beyond the rewards, the Ink Business Preferred provides valuable benefits, including:

  • Primary rental car insurance (when renting for business purposes).
  • Cell phone protection (up to $600 per claim against theft or damage, with a maximum of three claims per year and a $100 deductible per claim).
  • Purchase and extended warranty protection.

Is the Southwest Performance Business Worth It?

The Southwest Performance Business is designed for small business owners who fly on Southwest Airlines several times a year. The Southwest Performance Business card is worth it if you can take advantage of the inflight Wi-Fi credits and Upgraded Boardings.

Upgraded Boardings + WiFi Passes
Southwest® Rapid Rewards® Performance Business Credit Card
  • bonus_miles_full
  • 4X Points on Southwest Airlines
  • 2X Points in Ridesharing, Transit, Social Media and Search Engine Advertising, Internet, Cable, & Phone
  • 9,000 Bonus Points for Each Cardmember Anniversary
  • 4 Upgraded Boardings Per Year
  • 365 InFlight WiFi Credits Each year
  • Global Entry or TSA PreCheck Credit
  • $199 Annual Fee

Click Here to Learn How to Apply

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