Southwest® Performance Business Credit Card
Basic Information
Program ID: southwest-performance-business-credit-card
Issuer: Chase
Card Type: Credit
Network: Visa
Card Tier: Premium
Data Complete: Yes
Created: 01/15/2026 16:20
Last Scraped: 01/15/2026 16:22
Fee Structure
| Annual Fee: | $199.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $199.00 |
| Authorized User Fee: | $0.00 |
| Penalty APR: | 2,999.00% |
Additional Fees
| Late Fee: | $40.00 |
| Returned Payment: | $40.00 |
| Balance Transfer: | Either $5 or 5% of the amount of each transfer, whichever is greater. |
| Cash Advance: | Either $15 or 5% of the amount of each cash advance, whichever is greater. |
| Foreign Transaction: | 0.00% |
Interest Rates
Purchase APR Range: 2,124.00% - 2,924.00%
Intro Purchase APR: 0.00%
Intro APR Duration: 0 months
Balance Transfer APR: 2,924.00%
Intro BT APR: 0.00%
Intro BT Duration: 0 months
Cash Advance APR: 2,999.00%
Sign-Up Bonus
Bonus Amount: $80,000.00
Spending Requirement: $5,000.00
Time Period: 90 days
Bonus Timing: Bonus points typically post to your Rapid Rewards account within 6-8 weeks after meeting the spending requirement, often appearing with the statement closing cycle in which the requirement was fulfilled.
Rewards Program
Reward Type: Southwest Rapid Rewards Points
Base Reward Rate: 1.00%
Bonus Reward Rate: 4.00%
Bonus Categories: 4x Southwest Purchases, 3x Rapid Rewards Hotel & Car Rental Partners, 2x Social Media & Search Engine Advertising, 2x Internet/Cable/Phone Services
Point Value Estimate: 0.0100 cents/point
Expiration Policy: Points do not expire as long as account is active and in good standing.
Transfer Partners: None (points are redeemed directly with Southwest Airlines)
Card Benefits
Protection Benefits
- Extended Warranty
- Purchase Protection
- Cell Phone Protection
- Price Protection
Travel Benefits
- Travel Insurance
- Primary Rental Protection
- Trip Delay Coverage
- Lost Luggage Coverage
- No Foreign Transaction Fees
Premium Benefits
- Airport Lounge Access
- Concierge Service
- Global Entry Credit: $100.00
- TSA PreCheck Credit: $85.00
Approval Criteria
Recommended FICO Range: 740 - 850
Approval Odds Category: Excellent
Pre-qualification Available
Soft Pull Supported
Hard Pull Bureau: Experian, TransUnion, Equifax
Issuer Rules
Rules: To be eligible for the new cardmember bonus, applicants must satisfy the Chase 5/24 rule (opened fewer than 5 personal or business credit cards from any issuer in the past 24 months). Additionally, applicants are not eligible if they currently hold any Southwest Rapid Rewards Business Credit Card or have received a new cardmember bonus for any Southwest Rapid Rewards Business Credit Card in the past 24 months. A legitimate business (including sole proprietorship) and good-to-excellent credit are required. The typical bonus offer for 2026 is projected to be around 80,000 Rapid Rewards points after spending $5,000 on purchases in the first 3 months from account opening.
Maximum Cards Per Issuer: 7
Minimum Spend Interval: 3 months
Shutdown Risk Triggers: Manufactured spending, high cumulative credit limit across all Chase cards relative to income, rapid increase in credit limits or new accounts, suspicious spending patterns (e.g., large gift card purchases, unusual velocity), bouncing payments or late payments, applying for business cards without a legitimate business, or excessive application velocity.
International Friendly
User Analytics & Insights
User Ratings
Average Rating: 4.1 / 5.0
Top Positive Feedback:
Excellent rewards for Southwest flyers, valuable travel benefits like upgraded boarding and WiFi credits, strong sign-up bonus, and good for various business expenses.
Top Negative Feedback:
High annual fee, rewards are airline-specific limiting flexibility, and requires good to excellent credit for approval.
Approval Experience Score: 75.0 / 100
Recommended Alternatives
- Chase Ink Business Preferred
- American Express Business Gold Card
- United Business Card
Card Value Score: 88.0 / 100
Est. Annual Rewards: $1,300.00
User Portfolio Metrics
Avg Portfolio Size: 4 cards
Avg Portfolio Age: 120 months
Store vs Co-brand: 40% Co-brand (Southwest) / 60% General Business
Risk Assessment
Default Risk Group: Low
Predicted Approval Probability: 75.0%
Terms Version Control
Version ID: 2024-01