Southwest Rapid Rewards® Premier Business Credit Card
Basic Information
Program ID: southwest-premier-business-credit-card
Issuer: Chase
Card Type: Credit
Network: Visa
Card Tier: Premier
Data Complete: Yes
Created: 01/15/2026 16:22
Last Scraped: 01/15/2026 16:24
Fee Structure
| Annual Fee: | $95.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $95.00 |
| Authorized User Fee: | $0.00 |
| Penalty APR: | 30.00% |
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 $10 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: $60,000.00
Spending Requirement: $3,000.00
Time Period: 90 days
Bonus Timing: Points are typically posted to your Southwest Rapid Rewards account within 6-8 weeks after you meet the spending requirement.
Rewards Program
Reward Type: Southwest Rapid Rewards Points
Base Reward Rate: 1.00%
Bonus Reward Rate: 3.00%
Bonus Categories: 3x Southwest Purchases; 2x Local Transit/Commuting, including ride shares; 2x Internet, Cable, and Phone Services; 2x Social Media and Search Engine Advertising
Point Value Estimate: 0.0100 cents/point
Expiration Policy: Points do not expire
Transfer Partners: None
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: $0.00
- TSA PreCheck Credit: $0.00
Approval Criteria
Recommended FICO Range: 690 - 850
Approval Odds Category: Good
Pre-qualification Available
Soft Pull Supported
Hard Pull Bureau: Experian, TransUnion, Equifax
Issuer Rules
Rules: To be eligible for the Southwest Premier Business Credit Card, applicants must operate a legitimate business (including sole proprietorships). The Chase 5/24 rule applies: applicants will generally be denied if they have opened 5 or more personal or business credit cards from any issuer in the past 24 months. Furthermore, applicants are typically ineligible for the welcome bonus if they currently hold *any* Chase Southwest personal credit card or have received a new cardmember bonus for *any* Chase Southwest personal credit card in the past 24 months. Standard Chase welcome bonus eligibility also dictates that you can only earn the bonus for a specific product once every 24 months.
Maximum Cards Per Issuer: 0
Minimum Spend Interval: 3 months
Shutdown Risk Triggers: Manufactured spending, high cumulative credit limit across all Chase cards relative to income, rapid application for multiple cards, abuse of welcome bonuses, suspicious spending patterns (e.g., large round numbers, gift card purchases), frequent balance transfers without genuine spending, bouncing payments, opening too many business cards without sufficient business activity.
International Friendly
User Analytics & Insights
User Ratings
Average Rating: 4.1 / 5.0
Top Positive Feedback:
Excellent rewards for Southwest loyalists, valuable sign-up bonus, useful travel perks like early bird check-in credits and anniversary points, good for everyday business spending in bonus categories.
Top Negative Feedback:
Annual fee can be high for some, rewards are limited to Southwest, not ideal for those who don't fly Southwest frequently, limited flexibility outside of the Southwest ecosystem.
Approval Experience Score: 85.0 / 100
Recommended Alternatives
- Chase Ink Business Preferred Credit Card
- American Express Business Gold Card
- United Business Card
Card Value Score: 88.0 / 100
Est. Annual Rewards: $1,470.00
User Portfolio Metrics
Avg Portfolio Size: 4 cards
Avg Portfolio Age: 72 months
Store vs Co-brand: 70% General / 30% Co-brand
Risk Assessment
Default Risk Group: Low
Predicted Approval Probability: 85.0%
Terms Version Control
Version ID: v1.0
Last Updated: 05/01/2024 00:00