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2021 Review: Southwest Rapid Rewards Premier Credit Card – Is It Worth the Fee?

Updated Oct 19, 2021 | Published Jul 31, 20198 min read

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Southwest® Rapid Rewards® Premier Credit Card

Min Credit Level Good
Annual Fee $99
Regular APR 15.99% - 22.99% Variable
At a glance

The Southwest Rapid Rewards Premier is a great credit card if you fly Southwest enough to offset the $99 annual fee. The card’s intro and anniversary bonuses make it relatively easy to do so.

Credit Card Insider receives compensation from advertisers whose products may be mentioned on this page. Advertiser relationships do not affect card evaluations. Advertising partners do not edit or endorse our editorial content. Content is accurate to the best of our knowledge when it's published. Learn more in our Editorial Guidelines.

The information related to Southwest Rapid Rewards® Priority Credit Card has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

Our Rating: 4 Out of 5 Stars

The Southwest® Rapid Rewards® Premier Credit Card gets 4 out of 5 Stars. It’s a potentially valuable card, but only for the Southwest Airlines enthusiast. And its benefits don’t quite measure up to some of the better airline cards at the same fee tier.

Why We Like It

  • 3X reward rate on Southwest flights, plus with Rapid Rewards Hotel and Car Rental Partners, simplifies the travel planning process
  • Earn up to 100,000 bonus points; earn 50,000 bonus points for spending $2,000 in the first 3 months your account is open, plus 50,000 more bonus points after spending $12,000 total in the first 12 months delivers an excellent return on spend
  • 6,000-point anniversary bonus rewards you just for being a cardholder
  • First and second checked bags are free
  • Contactless card enables quick, tap-and-go payments (where available)

Why It Could Be Better

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Southwest® Rapid Rewards® Premier Credit Card
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  • Min. credit levelGood
  • Annual Fee$99
  • Purchase APR15.99% - 22.99% Variable

The information related to Southwest® Rapid Rewards® Premier Credit Card has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

The Southwest Premier card is a co-branded credit card offered by Southwest Airlines and Chase. It provides 3X Rapid Rewards points per dollar spent on eligible flights purchased from Southwest Airlines, and 2X points per dollar on eligible purchases from Southwest Rapid Rewards Hotel and Car Rental Partners.

New cardholders can earn Earn up to 100,000 bonus points; earn 50,000 bonus points for spending $2,000 in the first 3 months your account is open, plus 50,000 more bonus points after spending $12,000 total in the first 12 months.

Frequent Southwest flyers will get the most out of this card.

The Southwest Premier card is one of several co-branded Southwest credit cards, including business cards.

Insider tip

Check out how Southwest credit card offers could help you score your next flight for free, and consider the Southwest Rapid Rewards® Priority Credit Card (Review). It offers better time and money-saving benefits for travelers, some of which help to offset its larger annual fee.

Insider Advice: Getting the Most Out of Your Card

  • Book travel with your card: Earn at the 3X reward rate by booking flights with Southwest Airlines, and complete your travel plans with Rapid Rewards Hotel and Car Rental Partners for 2X points.
  • Get the signup bonus: Earn up to 100,000 bonus points; earn 50,000 bonus points for spending $2,000 in the first 3 months your account is open, plus 50,000 more bonus points after spending $12,000 total in the first 12 months.
  • Enjoy the anniversary bonus: Get 6,000 bonus points after every cardmember anniversary, which makes up for a considerable chunk of the card’s $99 annual fee.
  • Offset the annual fee: Ignoring the intro and anniversary bonuses, you’ll have to spend around $2,200 at the 3X reward rate to offset the card’s $99 annual fee if you value a Rapid Rewards point at 1.5 cents. The good news? After the first year, thanks to the 6,000-point anniversary bonus, the amount you’ll have to spend drops to $200. We recommend you spend more to actually come out on top, of course.
  • Redeem with Southwest: Redeem your Rapid Rewards points for Southwest flights to maximize the value of your rewards.
  • Bring your card abroad: Travel with your card to avoid foreign transaction fees while savoring the peace of mind provided by its various included travel protections.
  • Use it with other rewards cards: The Rapid Rewards Premier features a specific reward structure, so you should use it alongside another, more general rewards credit card that’s better for everyday spending.

The Rewards

Lower-end airline credit cards tend to have fairly limited bonus categories, and the Rapid Rewards Premier card does nothing to buck this trend. Even so, its 3X reward rate is a nice addition to the points you normally earn through the Rapid Rewards program.

Rapid Rewards points are currently quite valuable, typically worth 1.5–2 cents per point, so when you combine the points earned by the credit card and the Rapid Rewards program, you’ll earn an exceptional cash back equivalent of 12–28% on airfare, depending on the fare type purchased.

Earning

Spending Rewards
  • 3X points per dollar on eligible purchases from Southwest Airlines
  • 2X points per dollar for:
    • Rapid Reward hotel and car rental partners
    • Local transit/commuting/rideshares
    • Internet, cable, phone services
    • Select streaming
  • 1X point per dollar on all other purchases
Introductory Bonus
  • Earn up to 100,000 bonus points; earn 50,000 bonus points for spending $2,000 in the first 3 months your account is open, plus 50,000 more bonus points after spending $12,000 total in the first 12 months

There’s nothing too complicated going on here. You spend with Southwest and Rapid Rewards partners, and you get 3X Rapid Rewards points per purchase. That’s on top of the points you can already earn by flying Southwest.

So, for example, if you purchase a round-trip ticket at the Anytime fare tier, where you’d normally earn 10 points per dollar through the Rapid Rewards program, you’ll get 12 points per dollar by paying for the ticket with your card.

Insider tip

There are other ways to boost your point earnings with Southwest. Achieve A-List status by flying 25 one-way qualifying flights or earning 35,000 tier qualifying points in a year, and you’ll get a 25% point boost. Fly 50 one-way qualifying flights or earn 70,000 tier qualifying points in a year, and you’ll be granted A-List Preferred status, which gets you a 100% earning bonus.

Like we said earlier, Rapid Rewards points typically deliver a pretty good value, lending this otherwise average reward structure a bit more appeal. But that’s subject to change, and the value you’ll actually get out of your points depends on how you redeem them.

The introductory bonus is a touch more impressive. The low spending threshold, coupled with the generally high value of the points you’re earning, makes it a solid deal all around.

Because you only earn with Southwest and its partners, you might want to use this card with another rewards card to ensure you’re getting cash back or points on more common everyday purchases, like groceries and gas.

Redeeming

You can redeem the points you earn with the Rapid Rewards Premier card for Southwest flights, which is virtually always going to give you the best value.

You can also use Southwest’s Redeem for More Rewards portal to swap points for:

  • Gift cards from 70+ retailers
  • International flights, car rentals, and hotel stays
  • Merchandise, including electronics, jewelry, and more
  • Experiential rewards, like cruises and spa packages

But you should stick with flights if you’re aiming to make the most of your card.

We mentioned how Rapid Rewards points are generally valued between 1.5–2 cents, and quick research seems to back this up. A nonstop Southwest flight from EWR (Newark) to MDW (Chicago) would cost $104 in cash or 6,507 points, for a value of roughly 1.6 cents per point.

Just like cash prices, redemption prices will vary based on a host of factors, including distance, date, demand, and fare type.

Rapid Rewards points never expire, and you’ll never have to worry about blackout dates when you’re looking to plan your next getaway.

The Benefits

The Southwest Rapid Rewards Premier card provides a middling set of benefits anchored by a surprisingly valuable anniversary bonus. Otherwise, there’s nothing particularly valuable, aside from the convenient travel protections that come standard with most travel credit cards at this fee tier.

The full set of benefits you end up receiving depends on your credit limit. If you’re approved with a limit of $5,000 or more, you’ll get a Visa Signature card and its associated benefits. Otherwise, you’ll get a Visa Platinum card.

  • 6,000-point anniversary bonus: Get 6,000 bonus points every year after your cardholder anniversary.
  • Earn tier qualifying points: Earn 1,500 tier qualifying points (TQPs) for every $10,000 in purchases, up to 15,000 TQPs per calendar year, to help you reach the 35,000 TQPs required to earn A-List status, the 70,000 required for A-List Preferred status, and the 100,000 required for the Southwest Companion Pass.
  • DoorDash membership: Get no delivery fees and reduced service fees for orders of $12 or more for one year thanks to complementary DashPass access.
  • Purchase Protection: Your new purchases are covered from damage and theft for 120 days, up to $500 per claim and $50,000 per account.
  • Extended Warranty Protection: Get an additional year of manufacturer’s warranty on eligible products (if the warranty is three years or less).
  • Roadside Dispatch: Should you ever break down while driving, you can get help like towing and fuel delivery. Third-party fees will apply, however.
  • Lost Luggage Reimbursement: If you or a family member suffers damage to your luggage or the carrier loses your bags, you’re covered up to $3,000 per person.
  • Baggage Delay Insurance: If your luggage is delayed for more than six hours you’ll be reimbursed for up to $100 per day, for three days, so you can make essential purchases like toiletries.
  • Travel Accident Insurance: You’ll be covered against accidental death or dismemberment while traveling for no additional cost, up to $500,000 ($250,000 for Visa Platinum).
  • Travel and Emergency Assistance Services (Visa Signature only): Get help coordinating medical, legal, and travel services while you’re away from home.
Quick Guide

How Do the Benefits Stack Up to the Competition?

You’ll seldom receive luxury benefits at the Premier’s price, so there’s nothing wrong with the card’s limited selection of benefits. But you may want to consider competing cards that provide stronger perks.

You could just stick with the Southwest Rapid Rewards® Priority Credit Card (Review). It charges a higher annual fee, but that’s essentially offset (after the first year, at least) by an annual travel credit and a higher anniversary bonus. You get slightly better benefits, too, which is why we tend to recommend it over the Premier.

The United℠ Explorer Card (Review) is a strong contender if you’re not afraid to switch airlines. It waives its $95 annual fee for the first year and provides a Global Entry or TSA PreCheck application fee credit, two annual United Club passes, and numerous other perks.

For something slightly less airline-restrictive, consider the Bank of America® Premium Rewards® Credit Card (Review). It’s a general travel card, rather than a co-branded airline card, but it delivers a Global Entry/TSA PreCheck credit, plus a $100 airline incidental statement credit on top of that.

The Terms & Fees

Purchase APR Balance Transfer APR Cash Advance APR
[15.99% - 22.99% Variable 15.99% - 22.99% Variable 24.99% Variable
Annual Fee Foreign Transaction Fee
$99 $0
Balance Transfer Fee Cash Advance Fee
Either $5 or 5% of the amount of each transfer, whichever is greater Either $10 or 5% of the amount of each transaction, whichever is greater
Penalty APR Late Fee Returned Payment Fee
Up to 29.99% See Terms See Terms

The Rapid Rewards Premier card’s terms and fees are standard across the board.

The highlight here is that there are no foreign transaction fees, which is a given for most travel credit cards. That means you can take the card along on every adventure without worrying about the additional fees you’re racking up every time you swipe.

The card does charge a $99 annual fee, which may seem a bit high for the rewards and benefits you’re getting. But after the first year, the 6,000-point anniversary bonus nearly offsets the entire annual fee in one shot.

Even if we assume each point is worth 1.5 cents, which is on the lower end for Southwest, that’s $90 in value every year. So you’d have to spend a measly $200 at the 3X reward rate to cover that remaining $9.

Considering how much the typical flight costs, that should be a breeze.

The Bottom Line

All in all, the Southwest® Rapid Rewards® Premier Credit Card is a good travel credit card if you use it enough to get your money’s worth.

The card’s strong signup offer and annual anniversary bonus make it pretty easy to do just that. And it certainly doesn’t hurt that Rapid Rewards points seem to maintain a pretty high value.

If you get this card, be sure to take advantage of the Visa Signature or Visa Platinum benefits. If your luggage is damaged or stolen, for example, you can rest assured that you’re covered up to a fairly high limit. That’s a huge benefit for simply using a credit card to book your travel, and it’s only one of many perks.

Just remember that this card is probably not the right pick for everyday purchases, so it’s best used with another credit card that suits your lifestyle.

How Do I Apply for the Southwest Rapid Rewards Premier Card?

If you think the Rapid Rewards Premier card is the right fit for your spending and travel habits, find out how to add it to your arsenal by following the link below.

After you fill out and submit the application, you may be approved or denied immediately. But if you’re not, Chase may request more information.

What Credit Scores Do I Need to Qualify for the Southwest Rapid Rewards Premier Card?

It’s recommended that you have good credit before applying for the Southwest Rapid Rewards Premier card.

In order to qualify for good credit, your FICO scores have to be at least 670–739 and/or your VantageScores need to be at least 700–749.

However, credit card issuers consider more than just credit scores when weighing your creditworthiness. Additional information, such as income and monthly rent and mortgage payments, also factor into the decision. This means even if your scores aren’t exactly where they should be, you still have a shot at approval. But it also means even if your scores are high enough, you could be denied.

Frequently Asked Questions

What benefits come with the Southwest Rapid Rewards Premier card?

Cardholders earn 3X Southwest miles per dollar spent on Southwest flights, and 2X with Rapid Rewards hotel and car partners. If you fly Southwest often, the card should make your trips less expensive.

And you can earn a welcome bonus: Earn up to 100,000 bonus points; earn 50,000 bonus points for spending $2,000 in the first 3 months your account is open, plus 50,000 more bonus points after spending $12,000 total in the first 12 months.

You’ll also get a large anniversary bonus of 6,000 miles, a DoorDash membership, and a nice collection of shopping and travel protections including Purchase Protection, Extended Warranty, and Travel Accident Insurance. You may get a nicer-than-average set of benefits, depending on the type of card you’re issued: either Visa Platinum or Visa Signature.

Check out the full list of benefits right here.

Is the Southwest Rapid Rewards Premier card worth it?

It depends on how much you travel. If you travel pretty frequently, the anniversary miles, free checked bags, and travel protections would definitely benefit you. However, you don’t get very much for its annual fee.

If you do travel a lot, the Southwest Rapid Rewards® Priority Credit Card (Review) might be the better choice. It carries a larger annual fee ($149), but it also comes with an annual $75 Southwest travel credit to help offset it. The card benefits also include four annual upgraded boardings, a larger anniversary bonus, and a 20% in-flight discount.

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  • Min. credit levelGood
  • Annual Fee$149
  • Purchase APR15.99% - 22.99% Variable
  • Our best points offer ever! Earn up to 100,000 bonus points. Earn 50,000 bonus points after spending $2,000 on purchases in the first 3 months your account is open, plus 50,000 more bonus points after spending $12,000 total on purchases in the first 12 months.
  • 7,500 anniversary points each year.
  • Now enjoy more benefits and more ways to earn.
  • NEW! Earn 3X points on Southwest® purchases.
  • NEW! Earn 2X points on local transit and commuting, including rideshare.
  • NEW! Earn 2X points on internet, cable, phone services, and select streaming.
  • $75 Southwest® travel credit each year.
  • 4 Upgraded Boardings per year when available.
Why We Picked It

Climb one step higher on the Southwest credit card ladder, and you’ll find the Southwest Rapid Rewards® Priority Credit Card (Review). It’s the airline’s priciest non-business card, with an annual fee of $149 so it naturally provides a bit more value than the Rapid Rewards Premier.

The best part? You get a 7,500-point anniversary bonus, plus a $75 Southwest statement credit, basically offsetting that fee in full after your first year as a cardholder.

In fact, that makes the Rapid Rewards Priority our recommended Southwest card.

Rewards
Spending Rewards
  • 3X points per dollar on eligible purchases from Southwest Airlines
  • 2X points per dollar on eligible purchases from:
    • Rapid Rewards hotel and car rental partners
    • Local transit/commuting/rideshares
    • Internet, cable, phone services
    • Select streaming
  • 1X point per dollar on all other purchases
Introductory Bonus
  • Earn up to 100,000 bonus points; earn 50,000 bonus points for spending $2,000 in the first 3 months your account is open, plus 50,000 more bonus points after spending $12,000 total in the first 12 months
Key Features
  • $75 annual Southwest travel credit: Receive a $75 annual travel credit to book your flights, Rapid Rewards hotel stays, or car rentals each year.
  • 7,500 anniversary points: Every year you’ll receive 7,500 bonus points.
  • Four upgraded boardings: Each anniversary year, you’ll be reimbursed for up to four Upgraded Boardings for A1–A15 seats.
  • 20% back on in-flight purchases: You’ll receive 20% back on in-flight Southwest purchases like drinks, meals, entertainment, and WiFi.
  • Travel protections: Rental car insurance, Roadside Dispatch, Lost Luggage Reimbursement, Baggage Delay Insurance, Travel Accident Insurance, and Travel and Emergency Assistance
  • Shopping protections: Purchase Protection and Extended Warranty
  • No foreign transaction fee
  • Annual fee: $149

The information related to Southwest Rapid Rewards® Priority Credit Card has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

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  • Min. credit levelGood
  • Annual Fee$95
  • Purchase APR15.99% - 22.99% Variable
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Backâ , your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash’s subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
Why We Picked It

The Chase Sapphire Preferred® Card (Review) is a very popular travel rewards credit card, and not just for its sharp looks. The Sapphire Preferred earns points on travel purchases, and the ability to redeem points through both Chase Ultimate Rewards and via point transfer gives the card a lot of flexibility.

Rewards
Spending Rewards
  • 5X Ultimate Rewards points per dollar:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
  • 3X Ultimate Rewards points per dollar:
    • Dining
    • Select streaming services
    • Online grocery purchases (excluding Target, Walmart, and wholesale clubs)
  • 2X Ultimate Rewards points per dollar for other Travel purchases
  • 1X Ultimate Rewards point per dollar on all other purchases
Introductory Bonus
  • 60,000 bonus points after spending $4,000 on purchases in the first 3 months
Key Features
  • 10% annual point bonus: Get a 10% bonus on all points earned in the past year; awarded on your account anniversary.
  • 25% redemption point bonus: Get 25% more value when redeeming for travel expenses through Chase Ultimate Rewards; that means each point is worth 1.25 cents. Chase may give a 25% bonus for other redemption types as well.
  • Point transfer: Transfer points at a 1:1 rate to leading airline and hotel loyalty programs, like Marriott Bonvoy and United MileagePlus.
  • DoorDash membership: Get a free membership (DashPass) for at least a year, which provides free delivery and reduced service fees on orders over $12.
  • $60 Peloton credit: Enroll to get up to $60 back for an eligible Peloton Digital or All-Access Membership (through 2021). No fitness equipment is required.
  • Shop through Chase/Chase Offers: Earn more points by shopping at participating retailers with the Shop through Chase and Chase Offers shopping portals.
  • Visa Signature Concierge: Call to speak with your Visa Signature Concierge any time, day or night.
  • Primary Auto Rental Collision Damage Waiver: Get primary coverage on eligible rental vehicles so you don’t have to pay for rental insurance and your premiums won’t go up after an accident.
  • Travel protections: Roadside Dispatch; Trip Delay Reimbursement; Trip Cancellation / Trip Interruption Insurance; Baggage Delay Insurance; Lost Luggage Reimbursement; Travel Accident Insurance; Travel and Emergency Assistance Services
  • Shopping protections: Purchase Protection; Extended Warranty Protection
  • No foreign transaction fee
  • Annual fee: $95
  • Min. credit levelGood
  • Annual Fee$250
  • Purchase APRSee Pay Over Time APR

Rates & Fees

  • Rose Gold is back. You can now choose between Gold or Rose Gold.
  • Earn 60,000 Membership Rewards® Points after you spend $4,000 on eligible purchases with your new Card within the first 6 months.
  • Earn 4X Membership Rewards® Points at Restaurants, including takeout and delivery, and earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).
  • Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com.
  • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and each month automatically get $10 in Uber Cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year.
  • $120 Dining Credit: Earn up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub, Seamless, The Cheesecake Factory, Ruth’s Chris Steak House, Boxed, and participating Shake Shack locations. This can be an annual savings of up to $120. Enrollment required.
  • Get up to 12 complimentary months of an Uber Eats Pass subscription when you enroll with your Gold Card by 12/31/21.
  • No Foreign Transaction Fees.
  • Annual Fee is $250.
  • Terms Apply.
Why We Picked It

The American Express® Gold Card (Review) is a fantastic dining/travel card if you’re an avid traveler with a mean appetite. The card boasts a rewards structure that’s both valuable and practical if you don’t eat out every night, a nice bonus, and a handful of helpful benefits.

Rewards
Spending Rewards
  • 4X Membership Rewards points per dollar at:
    • Restaurants
    • U.S. Supermarkets (up to $25,000 per calendar year in purchases, then 1X)
  • 3X Membership Rewards points per dollar on:
    • Flights booked directly with airlines
    • Flights booked through amextravel.com
  • 1X Membership Rewards point per dollar for every other eligible purchase
Introductory Bonus
  • 60,000 bonus points for spending $4,000 in the first 6 months
Key Features
  • $120 annual dining credit: Earn up to $10 in statement credits per month for purchases at eligible restaurants and food delivery services.
  • Point transfer: To airline and hotel loyalty programs, like JetBlue, Southwest, Marriott, and Hyatt
  • Up to $120 in Uber Cash: Add the Gold Card to the Uber App to get up to $10 in Uber Cash per month; U.S. Eats orders and rides only.
  • Uber Eats Pass: Get unlimited $0 delivery fees and 5% off orders at eligible restaurants for 12 months; must enroll by 12/31/21. Taxes and service fees may apply and do not count toward the order minimum. Eats Pass will start auto-billing 12 months from enrollment, at then-current monthly rate. Learn more.
  • The Hotel Collection: Provides up to $100 in credits for every eligible hotel stay of two nights or more, along with other perks.
  • Amex Offers: Find discounts and extra point opportunities at a changing selection of merchants (offers are limited; enrollment required).
  • ShopRunner membership: ShopRunner provides free two-day shipping and returns at participating online retailers.
  • No foreign transaction fee
  • Annual fee: $250

Enrollment required for select benefits; terms and limitations apply.

American Express® Gold Card (Rates & Fees)

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  • Min. credit levelGood
  • Annual Fee$695
  • Purchase APRSee Pay Over Time APR

Rates & Fees

  • Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.
  • Plus, earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
  • $200 Hotel Credit: Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®.
  • $240 Digital Entertainment Credit: Get up to $20 in statement credits each month when you pay for eligible purchases with the Platinum Card® at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, and The New York Times. Enrollment required.
  • $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax.
  • American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. Now there are even more places your Platinum Card® can get you complimentary entry and exclusive perks.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline.
  • $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only.
  • $300 Equinox Credit: Get up to $25 back each month on select Equinox memberships when you pay with your Platinum Card®. Enrollment required.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • $695 annual fee.
  • Terms Apply.
Why We Picked It

It’s nearly impossible to discuss the greatest travel cards without mentioning The Platinum Card® from American Express (Review). In addition to its high-earning rewards program, this luxury card comes with premium benefits aplenty, including the most comprehensive airport lounge access you can get through plastic alone.

Rewards
Spending Rewards
  • 5X Membership Rewards points per dollar on:
    • Flights booked directly through airlines or through Amex Travel (on up to $500,000 spent per calendar year, then 1X)
    • Prepaid hotels booked through Amex Travel
  • 2X Membership Rewards points per dollar on other eligible travel expenses booked through Amex Travel
  • 1X Membership Rewards point per dollar on all other eligible purchases
Introductory Bonus
  • 100,000 bonus points for spending $6,000 in the first 6 months; 10X points on eligible purchases at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during the first 6 months
Key Features
  • Global Lounge Collection: Enroll for complimentary access to Priority Pass, Centurion, American Express International, Delta Sky Club, Escape, Airspace, Lufthansa, and Plaza Premium Lounges.
  • Up to $200 in annual Uber Cash: Add your Platinum card to the Uber App to get up to $15 in Uber Cash per month, plus a bonus $20 in December; U.S. Eats orders and rides only.
  • $200 hotel credit: Get up to $200 in statement credits each year for prepaid hotels booked through The Hotel Collection and Fine Hotels & Resorts; must pay with the Platinum card.
  • $300 Equinox credit: Pay with your Platinum card to get up to $300 in statement credits annually with Equinox (up to $25 per month), for Equinox All Access, Destination, E by Equinox, or Equinox+ membership fees.
  • $240 digital entertainment credit: Pay with your Platinum card to get up to $240 in statement credits annually for digital entertainment (up to $20 per month), only for eligible purchases from Peacock, Audible, SiriusXM, and The New York Times.
  • CLEAR credit: Up to $179 in statement credits annually for CLEAR biometric security, enough for a membership.
  • Uber Eats Pass: Get unlimited $0 delivery fees and 5% off orders at eligible restaurants for 12 months; must enroll by 12/31/21. Taxes and service fees may apply and do not count toward the order minimum. Eats Pass will start auto-billing 12 months from enrollment, at then-current monthly rate. Learn more.
  • Uber VIP status: Add your Platinum card to the Uber App to get Uber VIP status where available.
  • Global Entry or TSA PreCheck application fee credit: A statement credit for the application fee of either Global Entry ($100 every four years) or TSA PreCheck ($85 once every four and a half years)
  • Complimentary elite hotel statuses: Hilton Honors Gold status and Marriott Bonvoy Gold Elite status
  • The Hotel Collection: A $100 hotel credit and room upgrades when available for every eligible two-night stay
  • Fine Hotels & Resorts Program: Daily breakfast for two, room upgrades when available, amenities valued at $100, and more at eligible properties
  • $100 annual Saks credit: Up to $100 in statement credits each year for Saks Fifth Avenue: $50 from January through June, and $50 from July through December
  • Global Dining Access by Resy: Resy provides access to exclusive reservations and dining experiences.
  • Point transfer: To a selection of airline and hotel loyalty programs
  • Shopping and travel protections: Purchase Protection; Extended Warranty; Return Protection; Baggage Insurance Plan; Car Rental Loss and Damage Insurance; Trip Delay Insurance; Trip Cancellation and Interruption Insurance
  • No foreign transaction fee
  • Annual fee: $695

Enrollment required for select benefits; terms and limitations apply.

The Platinum Card® from American Express (Rates & Fees)

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Southwest® Rapid Rewards® Premier Credit Card
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  • Min. credit levelGood
  • Annual Fee$99
  • Purchase APR15.99% - 22.99% Variable

The information related to Southwest® Rapid Rewards® Premier Credit Card has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

What’s your experience been with the Southwest Airlines Rapid Rewards Premier Card? Leave a comment below — we’d love to hear from you.

Read more Best Credit Cards of October 2021

For rates and fees of the American Express® Gold Card, please click here.

For rates and fees of The Platinum Card® from American Express, please click here.

Written by

Sean Messier

Sean Messier works to empower individuals with the knowledge required to use credit cards responsibly and to their advantage. His writing- and research-based background has granted him experience in an array of topics, from finance to business and beyond. Sean distills the knowledge accumulated over years of experience in the credit space into consistent, actionable articles, guides, and reviews.

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The responses below are not provided or commissioned by bank advertisers. Responses have not been reviewed, approved or otherwise endorsed by bank advertisers. It is not the bank advertisers' responsibility to ensure all posts are accurate and/or questions are answered.

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