4.2 / 5
- Welcome
- 50,000 points
- Annual fee
- $0
Advertiser disclosure: we are paid when you apply through some links on this page. We're paid when you apply via some links. Details
Chase · rewards
Southwest Rapid Rewards Performance Business Credit Card
4.0 / 5
Southwest Rapid Rewards points · Business card
The $299 fee (up from $199 in the 2025 refresh) is the highest of any Southwest card, but the free checked bag matters more now that Southwest ended free bags for general boarding. If you fly Southwest often with a bag and want a shot at Companion Pass through spend, this card earns its keep.
At a glance
- Welcome bonus
- 80,000 points
- Spend $5,000 in 3 months
- Annual fee
- $299
- Year-one and ongoing
- Purchase APR
- 19.49% to 27.99%
- No intro APR
- FX fee
- None
Editorial
Our take
The $299 fee (up from $199 in the 2025 refresh) is the highest of any Southwest card, but the free checked bag matters more now that Southwest ended free bags for general boarding. If you fly Southwest often with a bag and want a shot at Companion Pass through spend, this card earns its keep.
Verdict
Pros & cons
Pros
- 80,000-point welcome bonus
- Free checked bag for cardmember plus 8 companions, now a real perk since Southwest ended free bags generally
- Group 5 boarding and free Extra Legroom upgrades for your whole party
Cons
- $299 annual fee is the highest in the Southwest lineup
- Only 4x on Southwest purchases, 1x on most other spending
- No lounge access or major travel credit beyond Global Entry/TSA PreCheck
Earnings
Earn rates
| Category | Rate | Notes |
|---|---|---|
| Southwest purchases | 4x points | |
| Hotels | 2x points | Hotels booked directly |
| Gas stations | 2x points | |
| Dining | 2x points | |
| Local transit & commuting | 2x points | Local transit and rideshare |
| All other purchases | 1x points |
Benefits
Key benefits
Free Checked Bag
You and up to 8 companions on the same reservation check your first bag free, a real perk now that Southwest ends free bags for general passengers.
Group 5 Boarding Plus Extra Legroom
Get Group 5 boarding and free Extra Legroom seat upgrades within 48 hours of departure for you and up to 8 companions.
Anniversary Bonus Points
Earn 9,000 bonus points every account anniversary.
Tier Qualifying Points
Earn 2,500 Tier Qualifying Points for every $5,000 spent, plus a 10,000-point Companion Pass qualifying boost each year, to help reach A-List and Companion Pass status.
Instacart+ Membership
Get 3 months of complimentary Instacart+ membership plus a $10 monthly Instacart credit through December 31, 2027.
Fit
Who this is best for
- Frequent Southwest business travelers who check bags
- Businesses chasing Companion Pass through card spend
- Teams that want free employee cards on a Southwest-heavy travel budget
FAQ
Frequently asked questions
What is the SW Performance Business welcome bonus?
80,000 bonus points after spending $5,000 on purchases in the first 3 months from account opening.
Does the SW Performance Business charge an annual fee?
Yes. The annual fee is $299 every year.
Does the SW Performance Business have a foreign transaction fee?
No. The SW Performance Business charges no foreign transaction fee, so it works well for international purchases.
What APR does the SW Performance Business charge?
The purchase APR is 19.49% to 27.99% variable.
Who is the SW Performance Business best for?
Frequent Southwest business travelers who check bags. Businesses chasing Companion Pass through card spend. Teams that want free employee cards on a Southwest-heavy travel budget.
Similar
Related cards
Capital One Spark Cash Plus
capital one
4.3 / 5
- Welcome
- $2,000 cash
- Annual fee
- $150
Discover it Chrome
discover
3.9 / 5
- Welcome
- No welcome bonus
- Annual fee
- $0
Apply
Southwest Rapid Rewards Performance Business Credit Card
Spend $5,000 in 3 months
Rates accurate as of October 6, 2026. Issuer terms.