Chase · Visa · business

Southwest Rapid Rewards Performance Business Card

$299 annual fee · $30/yr in printed statement credits · 1x on everything else · no foreign transaction fees

Earn rates · how we got this

Category	Rate	Cap
Hotels	2x	uncapped
Gas	2x	uncapped
Dining	2x	uncapped
Transit	2x	uncapped
Everything else	1x	uncapped
Flights at Southwest only — anywhere else in this category the card earns its base rate, so it is excluded from every ranking on this site	4x	uncapped

See how it ranks: best hotels cards · best gas cards · best dining cards · best transit cards.

Signup bonus: 80,000 points after $5,000 in 3 months. We never count unearned bonuses in savings math — a bonus you don't clear is worth zero. Bonus figure confirmed on the issuer's page 2026-09-14.

Statement credits — $30/yr on paper · how we got this

Credit	Value	How it pays
Global Entry/TSA PreCheck/NEXUS credit	$30/year	once every 4 years
Inflight drink rebate	$0/year	annual

Monthly and quarterly credits expire if unused — that's where most of their printed value quietly disappears.

Non-cash perks

9,000 bonus points every account-anniversary year
First checked bag free for cardholder + up to 8 companions
Group 5 boarding for cardholder + up to 8 companions
Complimentary Preferred seat selection at booking
Unlimited Extra Legroom seat upgrades within 48 hours of departure when available
2,500 Tier Qualifying Points per $5,000 spent per program year toward A-List/A-List Preferred status
10,000 Companion Pass qualifying-point boost per calendar year

Does the fee earn out? · how we got this

The $299 fee minus $30 in printed credits leaves $269/yr to earn back through rewards — roughly $11,209 of hotels spending at 2x (valuing Southwest Rapid Rewards at the same mid-range value the optimizer uses). Whether that clears depends on your actual spending.

Is this $299 fee worth it? See the break-even math →

Check the current offer on the issuer's site → Where a card link will appear once available — no link on this page pays us today.

Who this card is not for

Every point below is a term the issuer prints, read off this card's own row in our database — not an opinion about the card. two things on this card rule out a kind of spender:

Anyone who doesn't spend at Southwest. Its largest printed rate, 4x on flights, pays only at Southwest. Anywhere else it earns its base 1x, so the headline number is a loyalty rate rather than a category rate — which is why no ranking on this site counts it.
Anyone who won't work the statement credits. The $299 fee is argued for by $30 of printed credits, spread across 2 separate credits. Each one only pays if you were going to spend that way anyway; ignore them and the whole $299 has to come back through earn rates instead.

Don't want the fee any more?

Southwest Rapid Rewards Performance Business Card can normally be product-changed to one lower-fee card in the Chase Southwest Rapid Rewards (business) family instead of being closed — which keeps the account, its age and its credit line.

What does Southwest Rapid Rewards Performance Business Card downgrade to? →

Comparing cards in the same currency? See the best cards that earn Southwest Rapid Rewards →