Rates Current as of Sunday September 24, 2017

Southwest Airlines Credit Card

Find current credit card information on the Southwest Airlines credit card. Compare the Southwest Airlines credit card rate and credit card rewards with other popular credit cards. Review the Southwest Airlines credit card promotion to find the best credit card deal available. Check all travel credit cards including the Southwest Airlines credit card. See the latest terms and conditions offered on the Southwest Airlines credit card to find the best credit card with the best credit card rate. The Southwest Airlines credit card combines frequent flyer rewards with competitive bank credit card rates.

Southwest Airlines Credit Card Offer

The SouthWest Airlines Rapid Rewards credit card is a travel rewards credit card that issued by Chase Bank.  The Southwest Airlines credit card is geared towards travelers that are frequent flyers of SouthWest Airlines.  The Southwest Airlines credit card combines frequent flyer rewards with competitive bank credit card rates.

The current credit card rate for the SouthWest Airlines Rapid Rewards credit card is 14.24% as a variable rate.  The credit card rate is established by adding a margin of 10.99% to the Prime Rate for credit card purchases and credit card balance transfers.

Credit card travel reward points are earned first by earning Reward Dollars that are then converted to Rapid Rewards credits.  Credit card account holders will earn 2 Reward Dollars for each $1.00 in net purchases made with the credit card directly with Southwest Airlines.  Credit card holders will also earn 2 Reward Dollars for each $1.00 in net purchases made with the credit card at participating Southwest Airlines Rapid Rewards Hotel and Rental Car Partners.  Credit card holders will earn 1 Reward Dollar for each $1.00 in net purchases made with the card on all other transactions. 

SouthWest Airlines Rapid Rewards credit card holders will also receive 2,400 Reward Dollars after each anniversary of having the credit card account.

Once an account holder earns 1,200 Reward Dollars, they will receive 1 Southwest Airlines Rapid Rewards credit. 

New credit card holder will also qualify for and receive 16 bonus Rapid Rewards credits after they make their first purchase or the first time they use of the credit card.  In addition, one bonus Rapid Rewards credit will also be credited to an account for each $1,200.00 in credit card balance transfers that are within the first 90 days from account opening, up to a maximum of 8 credits (or $9,600.00 in balance transfers).

Southwest Airlines issues a free roundtrip flight for every 16 Rapid Rewards credits that an account holder accumulates during any consecutive 24-month period.  Based on the SouthWest formula, one free roundtrip flight is obtained for every 19,200 Reward Dollars earned.  Note – the new credit card bonus of 16 Rapid Rewards credits is good for one free round trip ticket.

SouthWest Airlines Rapid Rewards credit card holders will not earn Reward Dollars on credit card balance transfers after the first 90 days from account opening.

The credit card comes with a $59.00 annual fee.

The credit card due date or grace period will be a minimum of 21 days after the close of each monthly billing cycle.  Credit card holders will not be charged periodic interest on any portion of new purchases billed so long as the current billing statement shows that the entire balance from the previous statement was paid by the time the minimum payment was due. Credit card interest charges begin on balance transfers, cash advances, and overdraft advances on the transaction date.

The information regarding the SouthWest Airlines Rapid Rewards credit card review is updated regularly, but information may have changed since the last update.  All credit card and bank products are subject to bank and credit approval.  See the online credit card application for current information about credit card rates, fees, other costs and benefits associated with the use of this credit card.

Bestcreditcardrates.com provides the information on this credit card as well as other credit card reviews and resources to help consumers choose the best credit card with the best credit card rate.