What are the Southwest Premier card benefits? This question is about the Southwest Rapid Rewards® Premier Credit Card

The Southwest Premier card benefits are rental car insurance, purchase protection, extended warranty, lost luggage reimbursement, baggage delay insurance, and travel accident insurance. Cardholders also get their first and second checked bags free on Southwest flights, plus 6,000 bonus points every year the Southwest Premier card is renewed. Additionally, the Southwest Premier card’s foreign transaction fee is $0. Southwest Premier Card Benefits List Rental car insurance. Purchase protection. Extended warranty protection. Lost luggage reimbursement. Baggage delay insurance. Travel accident insurance. First and second checked bags free. 6,000 bonus points every time card is renewed. No blackout dates or seat restrictions. $0 foreign transaction fee. Initial bonus: 40,000 points for spending $1,000 in the first 3 months. 1 - 3 points per $1 on purchases. The Southwest Premier credit card isn’t the cheapest Southwest card - nor the most expensive - but its $99 annual fee can be worth it for people who travel a lot. The initial bonus alone is worth at least two free flights - and maybe more, depending on the cost of airfare. The travel insurance benefits also stand out on this card, simply because so many card issuers have dropped these benefits in recent years.

Ad Disclosure Ad Disclosure

What are the Southwest Premier card benefits?

Answer Question Report Abuse

This question is about the Southwest Rapid Rewards® Premier Credit Card

Sue Patterson, WalletHub Analyst

@sweetsue • 09/01/20 This answer was first published on 09/02/20 and it was last updated on 09/01/20.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Permalink Report Abuse

The Southwest Premier card benefits are rental car insurance, purchase protection, extended warranty, lost luggage reimbursement, baggage delay insurance, and travel accident insurance. Cardholders also get their first and second checked bags free on Southwest flights, plus 6,000 bonus points every year the Southwest Premier card is renewed. Additionally, the Southwest Premier card’s foreign transaction fee is $0.

Southwest Premier Card Benefits List

Rental car insurance.
Purchase protection.
Extended warranty protection.
Lost luggage reimbursement.
Baggage delay insurance.
Travel accident insurance.
First and second checked bags free.
6,000 bonus points every time card is renewed.
No blackout dates or seat restrictions.
$0 foreign transaction fee.
Initial bonus: 40,000 points for spending $1,000 in the first 3 months.
1 - 3 points per $1 on purchases.

The Southwest Premier credit card isn’t the cheapest Southwest card - nor the most expensive - but its $99 annual fee can be worth it for people who travel a lot. The initial bonus alone is worth at least two free flights - and maybe more, depending on the cost of airfare. The travel insurance benefits also stand out on this card, simply because so many card issuers have dropped these benefits in recent years.

Answer Question

Southwest Airlines Credit Score Requirements by Card

Southwest Rapid Rewards® Plus Credit Card: 700+ (Good credit)

Southwest Rapid Rewards® Priority Credit Card: 700+ (Good credit)

Southwest Rapid Rewards® Premier Credit Card: 700+ (Good credit)

Southwest® Rapid Rewards® Performance Business Credit Card: 700+ (Good credit)

Southwest® Rapid Rewards® Premier Business Credit Card: 700+ (Good credit)

Your credit score is an important factor, but there are plenty of other things that will impact your chances of being approved for a Southwest Airlines credit card, too. Some other key criteria include your income, existing debt load, number of open credit accounts, recent credit inquiries, employment status and housing status.

show less

What is the value of Southwest points?

The value of Southwest points is 1.37 cents per point, on average. That means 10,000 Southwest points have a value of roughly $137. Southwest points are worth about the same as the average airline miles, which are worth 1.36 cents each, as a result.

It`s important to remember that the value of Southwest points depends on how they are redeemed. They have the most value when used for Rapid Rewards flights. In addition, one of the best ways to increase the number of Southwest points that you earn is to apply for a … read full answer Southwest credit card.

Southwest Points vs. The Competition

Rewards Program	Average Mile Value	Value of 1,000 Miles
Southwest Airlines Rapid Rewards	1.37 cents	$13.7
Delta SkyMiles®	1.29 cents	$12.9
United MileagePlus	1.29 cents	$12.9
Alaska Airlines	1.18 cents	$11.8
American Airlines AAdvantage	1.34 cents	$13.4

show less

WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.

WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.

Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.

Ask a Question

140

Ask Question

Ask Your Question

WalletHub Transparency

We are committed to being fully transparent with our readers. Opinions expressed here are the author’s and/or WalletHub editors'. WalletHub editorial content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any company. In addition, it is not any company’s responsibility to ensure all questions are answered.