Chase
Southwest Rapid Rewards Plus Credit Card
Estimated value every year on typical spending
$337/ year
Every year, after the annual fee. Year one adds a $550 welcome bonus: $887
Based on a typical ~$2,600/month of spending. Points valued conservatively; confirm terms with the issuer.
Carry a balance? At 20%+ APR, interest usually costs more than any card earns.
Is it worth it?
On typical spending the Chase Southwest Rapid Rewards Plus Credit Card returns about $436 a year in rewards and usable credits, which covers its $99 fee with $337 to spare. The welcome bonus adds roughly $550 in the first year.
The fine print
- Intro APR
- Not listed
- Regular APR
- 19.49% to 27.99% variable
- Foreign fee
- None
- Top perk
- First checked bag free
- Approval
- Good credit recommended
- Redeem for
- Airline/hotel bookings · Loyalty program transfers · Gift cards
Rewards
- 2X points on Southwest Airlines purchases and on the first $5,000 in combined purchases at gas stations and grocery stores per year
- 1X points on all other purchases
Sign-up bonus
50,000 bonus points after you spend $1,000 on purchases in the first 3 months from account opening.
Best for
- Travelers who redeem points
Not ideal for
- People who want plain cash back
Trade-offs: Higher annual fee ↔ richer rewards & perks; Better travel value ↔ less straightforward than cash back; Large welcome bonus ↔ higher spend requirement.
Worth knowing
- Annual fee
- $99
- Intro APR
- Not listed
- Regular APR
- 19.49% to 27.99% variable
- $500/mo on groceries earns about $132/year (2.2x).
- $1200/mo on everyday spending earns about $158/year (1.1x).
- The $99 fee pays for itself at about $690/mo on groceries.
- You come out ahead of a no-fee 1% card after about $8200/year of groceries spending.
Offer history
No changes to the fee, welcome offer or intro APR since we started checking this card daily on Oct 26, 2026.
Southwest Rapid Rewards Plus Credit Card: questions people ask
Is the Chase Southwest Rapid Rewards Plus Credit Card worth it?
On typical spending the Chase Southwest Rapid Rewards Plus Credit Card returns about $436 a year in rewards and usable credits, which covers its $99 fee with $337 to spare. The welcome bonus adds roughly $550 in the first year.
What is the Chase Southwest Rapid Rewards Plus Credit Card annual fee?
The Chase Southwest Rapid Rewards Plus Credit Card has a $99 annual fee. On typical spending its rewards and usable credits come to about $436 a year, so it nets about $337 after the fee.
What is the Chase Southwest Rapid Rewards Plus Credit Card welcome bonus?
Earn 50,000 bonus points after you spend $1,000 on purchases in the first 3 months from account opening. We value it at about $550. We check the issuer's page daily; it hasn't changed since we started tracking on Oct 26, 2026.
What does the Chase Southwest Rapid Rewards Plus Credit Card earn?
2X points on Southwest Airlines purchases and on the first $5,000 in combined purchases at gas stations and grocery stores per year. 1X points on all other purchases.
What credit score do you need for the Chase Southwest Rapid Rewards Plus Credit Card?
The issuer doesn't say; we'd class it as: good credit recommended. Checking your matches on CardFit never runs a credit check.
Does the Chase Southwest Rapid Rewards Plus Credit Card charge foreign transaction fees?
No. The Chase Southwest Rapid Rewards Plus Credit Card has no foreign transaction fee.
Compare Southwest Rapid Rewards Plus Credit Card
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Card details are collected from issuer websites and were last refreshed October 29, 2026. Source: Chase product page. Terms change often; confirm them with the issuer before you apply.