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Southwest Airlines is currently offering a new promotion for its personal credit card users. Through December 16, applicants can earn 40,000 bonus Rapid Rewards points and a $400 statement credit after spending $3,000 within the first four months of opening an account. This offer marks a notable opportunity for Southwest loyalists to accumulate points towards travel.
The value of this entire bonus is estimated at up to $960 according to TPG's November 2024 valuations. Compared to regular offers valued at $700 and peak offers just over $1,100, this current promotion presents an attractive option for those interested in Southwest's services. Additionally, the flexibility of the $400 statement credit allows it to be used on any purchase without restriction to Southwest flights.
Moreover, the two business cards from Southwest offer a chance to earn up to 80,000 bonus points with current welcome offers. These points can contribute towards earning a Companion Pass. Timing the spending so that bonuses are posted in early 2025 could extend the validity of the Companion Pass through 2026.
