Chase Southwest Rapid Rewards® Performance Business Credit Card Review
Southwest Rapid Rewards® Performance Business from Chase — all information about the credit card.
Updated August 30, 2024
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Recommended credit score
Good to Excellent (670-799)
- Rewards Rate:
- 4x Points for every $1 you spend on Southwest Airlines® purchases.
- 3x Points per $1 spent on Rapid Rewards hotel and car rental partner purchases.
- 2x Points for every $1 you spend on local transit and commuting, including rideshare services.
- 2x Points for every $1 you spend on social media and search engine advertising, internet, cable, and phone services.
- 1x Point for every dollar you spend on all other purchases.
- Intro Offer:
- 80,000x Earn 80,000 points after you spend $5,000 on purchases within the first 3 months of account opening.
- 40,000x Additional points when you spend $15,000 in 9 months.
- Annual Fee:$199 annually
- Purchase Intro APR:None
- Regular APR:21.49% - 28.49% Variable
- Balance Transfer APR:21.49% - 28.49% Variable
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Chase Southwest Rapid Rewards® Performance Business Rewards Calculator
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All benefits
- Points
- 9,000x Receive 9,000 bonus points after your Cardmember anniversary.
- 4x On Southwest Airlines® purchases.
- 3x On Rapid Rewards hotel and car rental partner purchases.
- 2x On local transit and commuting, including rideshare services.
- 1x On all other purchases.
- Travel
- Lost Luggage Reimbursement:
- If you or an immediate family member check or carry on luggage that is damaged or lost by the carrier, you're covered up to $3,000 per passenger.
- Baggage Delay Insurance:
- Reimburses you for essential purchases like toiletries and clothing for baggage delays over 6 hours by passenger carrier up to $100 a day for 3 days.
- No foreign transaction fees:
- You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
- $Global Entry or TSA Pre✓® Fee Credit up to 100 every 4 years Receive reimbursement in the form of statement credit for Global Entry or TSA Pre✓® every four years.
- 4 Upgraded Boardings per year when available:
- Enjoy complimentary cardmember seat upgrades, when available, up to four times a year.
Rate and fee information
- Purchase Intro APR
- None
- Purchase APR
- 21.49% - 28.49% Variable
- Intro Balance Transfer APR
- None
- Balance Transfers APR
- 21.49% - 28.49% Variable
- APR for Cash Advances
- 29.99% Variable
- How to Avoid Paying Interest
- Your due date will be a minimum of 20 days after the close of each billing cycle. You will not be charged interest on new purchases if you pay your entire balance or Interest Saving Balance by the due date each month. You will be charged interest on balance transfers and cash advances on the transaction date.
Fees
- Annual Fee
- $199 annually
- Fees for Balance Transfer
- Either $5 or 5% of the amount of each transfer, whichever is greater
- Fees for Cash Advances
- Either $15 or 5% of the amount of each transaction, whichever is greater
- Penalty Fees
- 29.99%
- Return Payment
- $40
- Late Payment
- $40
- Return Check
- None
Pros & Cons
Pros:
- No Foreign Transaction Fee
- High rewards rate
Cons:
- Annual Fee
- Extra Fees
- No Intro APR period on purchases and transfer
Features
- No foreign transaction fees
- Payment Flexibility
- Fraud Protection
- Rewards
- Bonus points
- Purchase Protection
- Extended Warranty Protection
- Travel
- Airline
- Lost Luggage Reimbursement
- Baggage Delay Insurance
- Award Travel seats
- Good Credit
- Excellent Credit
About the issuer
Chase has several card types depending on your needs.
Manage your Account & Pay your Bill
You can usually pay your bill online on your
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- $150Annual Fee
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Capital One Spark Cash Select for Excellent Credit
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Recommended credit score
Good to Excellent (670-799)
- NoneAnnual Fee
- 19.99% - 29.99%Regular APR
- 5%Cash Back on hotels and rental cars booked through Capital One Travel.
- 0% Introductory APR for the first 15 months that your account is openPurchase Intro APR
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See Another Credit Cards in the Bank
Chase Southwest Rapid Rewards® Performance Business is an option for those, who need Classic features. With an APR of 21.49% - 28.49% and $199 annual fee this credit card can easily cover your simple everyday demands. For high approval odds you need to have Good to Excellent (670-799) credit score. With Chase Southwest Rapid Rewards® Performance Business you will get such features as No foreign transaction fees, Payment Flexibility, Fraud Protection, etc. To make sure about either this credit card is good for you or not compare it with other cards with similar features.
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- NoneAnnual Fee
- 19.99% - 29.99%Regular APR
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