Review: Southwest Rapid Rewards® Premier Business Credit Card
Going has partnered with CardRatings for our coverage of credit card products. Going and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses, and recommendations are the author's alone, and have not been reviewed, endorsed, or approved by any of these entities. Some of all of the card offers that appear on this page are from advertisers; compensation may affect how and where the cards appear on the site; and Going does not include all card companies are all available card offers.
Who is the Southwest Rapid Rewards® Premier Business Credit Card for?
With a low annual fee, the Southwest Premier Business card is a great option for business owners who travel Southwest but don’t need or want all the perks of the Southwest Performance Business Card.
Southwest Rapid Rewards® Premier Business Credit Card Quick Facts
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Pros and cons
Pros:
- Low annual fee
- Earn points toward Companion Pass
- No foreign transaction fee
Cons:
- No credit for Global Entry or TSA PreCheck
- Lacks the in-flight WiFi credit offered by the Southwest Performance Business Card
Our take
As the lower-cost option of the two Southwest business cards, it lacks the same punch as its more expensive sibling. Still, it's a great option if you want to work towards the Companion Pass and want to skip some of the perks.
Southwest Rapid Rewards® Premier Business Credit Card Review
Earning points with the Southwest Rapid Rewards® Premier Business Credit Card
Earning points with the Southwest Rapid Rewards® Premier Business Credit Card is easy. You’ll earns 3X points per $1 spent on Southwest purchases, 2X points per $1 spent on hotels and rental cars booked through Rapid Rewards, 2X points per $1 on local transit, and 1X point per $1 on all other eligible purchases.
While these are good rewards rates, it is worth noting that other Southwest cards earn at higher rates.
Redeeming points with the Southwest Rapid Rewards® Premier Business Credit Card
As easy as it may be to earn Rapid Rewards® points with this card, it’s even easier to redeem them. Although you have several options, the best redemption option is for Southwest flights. When you’re looking to book a flight on Southwest, select the Points radio button instead of the Dollars button, and you’ll see the fares for your itinerary in points.
Points prices track the cash price of the ticket, which means that fares may rise or fall depending on timing. You can use the Southwest Low Fare Calendar to ensure you find a great deal.
Southwest doesn’t charge change fees, so if your flight price in points (or cash), you can always change your ticket.
Alternatives to the Southwest Rapid Rewards® Premier Business Credit Card
When it comes to comparisons, two Southwest cards deserve a mention:
Southwest Rapid Rewards® Performance Business Credit Card
Southwest Rapid Rewards® Premier Credit Card
Going has partnered with CardRatings for our coverage of credit card products. Going and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses, and recommendations are the author's alone, and have not been reviewed, endorsed, or approved by any of these entities. Some of all of the card offers that appear on this page are from advertisers; compensation may affect how and where the cards appear on the site; and Going does not include all card companies are all available card offers.
Published January 26, 2024
Last updated March 7, 2024
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