The Southwest Premier card has to be one of the most confusing airline credit cards out there. There are literally too many offers to keep track of. For instance, you have these offers available right now on the same exact card:
- 50,000 points after spending $2,000
- 25,000 points after spending $1,000
- 10,000 points + $100 credit after spending $500
- 10,000 points + $200 credit after spending $500
- 40,000 points after spending $1,000
This does not include the interesting offer on the Plus card that is only available for Southwest employees.
New Southwest Offer – Less Spending & Fewer Points
The last offer on the list above is the new one that popped up today. It is an interesting for a couple of reasons (in all fairness, it could have been around before today as well but I had not noticed it):
- It is being promoted on the Southwest home page (where the limited time offer for the 50,000 point offer is listed and the “normal” offer of 25,000 is listed at other times)
- It requires only $1,000 spending instead of $2,000 like the 50,000 point offer
Now, since it is listed on the Southwest homepage, it could mean one of two things – this is the new “limited-time offer” that they will be using instead of the 50,000 point offer going forward or it is the new “normal” offer, replacing the 25,000 point offer.
Either way (or maybe a third way), if you take this offer, you will be losing out on the additional 10,000 points available with the higher offer on the same card.
At the same time, if spending is a problem and you do not think that you are able to swing the $2,000 in 3 months, then the 40,000 point offer would be better. Just know that there are a lot of ways that you can spend that extra $1,000 including buying prepaid Visa/Mastercard gift cards at a variety of locations to use as cash at other places later on down the road. But, you do what you feel comfortable with and this offer makes that option available.
- 6,000 Bonus Points after your Cardmember Anniversary
- Earn unlimited points that don’t expire
- 2 points per $1 spent on Southwest Airlines® and Rapid Rewards® Hotel and Car Rental Partner purchases
- 1 point per $1 spent on all other purchases
- No foreign transaction fees on purchases made abroad
- $99 Annual Fee not waived
So, who is this card best for? As I mentioned above, most everyone will be better off getting the 50,000 point offer that is around just about all of the time. But, if you have your spending on other places or you would rather not have to do the $2,000 spending, this offer may be better for you. Still, always nice to have options even if they are not options that we ourselves would choose.