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
| 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.
Statement credits — $30/yr on paper
| 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?
The $299 fee minus $30 in printed credits leaves $269/yr to earn back through rewards — roughly $10,347 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.
Don't want the fee any more?
Southwest Rapid Rewards Performance Business Card can normally be product-changed to 1 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 →
More from Chase
Which card should this spending actually be on? The demo re-scores a year of realistic spending against every card in a wallet — free, no signup. See it on sample data →
Verified 2026-08-21 against issuer terms · sources: creditcards.chase.com. Spot an error? Tell us.