Southwest® Rapid Rewards® Performance Business Credit Card

The Southwest® Rapid Rewards® Performance Business Credit Card is a business travel card, designed for people who frequently fly Southwest Airlines. It has a solid welcome bonus, plus you get free in-flight WiFi and upgraded boarding status. You also get 9,000 anniversary points and a boost of 10,000 Companion Pass® qualifying points every year. We dive into the details and your approval odds in this Southwest® Rapid Rewards® Performance Business Credit Card review.

Our Rating

4.5/5.0

Welcome Offer

Earn 80,000 points

Annual Fee

$199

0% on Purchases

N/A

Reward Rate

1X to 4X points

0% on Balance Transfers

N/A

How Does the SW Performance Business Compare?

Southwest Performance Business compares favorably to typical small business/travel credit cards. You’ll earn a sign on bonus of 80,000 points, which puts you well on your way to earning the 125,000 points needed to earn a companion pass. This allows someone to fly with you almost for free (taxes and fees apply). If you enjoy flying Southwest, this is a great card to have in your wallet.

Who is the SW Performance Business best for?

As you might glean from the name, Southwest Rapid Rewards Performance Business Credit card is a great card for small business owners who frequently fly Southwest airlines.

Who would do better with a different card?

If you prefer to fly Delta, consider the Delta Skymiles card from American Express. They offer a similar sign on bonus and similar rewards, although the annual fee is a little higher at $250.

If you want a card with no annual fee but still offers good rewards, the Chase Ink Business Cash Credit card might be your card. It offers a bonus and up to 5% cash back rewards.

Those who want an all-around travel card, for business or otherwise, should consider the Chase Sapphire Preferred card. The annual fee is only $95 and you get 5X points on travel purchased through Chase, plus 3X on dining and 2X on travel not purchased through Chase. You also get 60,000 ultimate rewards points for signing up.

Editorial Review

Welcome Offer

Earn 80,000 points after you spend $5,000 on purchases in the first 3 months from account opening.

Features & Benefits

SecurityEMV Chip Enabled, Fraud Monitoring, Zero Liability
Contactless PaymentsTap to Pay, Apple Pay, Google Pay, Samsung Pay
BenefitsExtended Warranty Coverage, Purchase Protection, 24/7 customer service
Travel PerksAuto Rental Collision Damage Waiver, Emergency Travel Assistance, Free Checked Bags, Luggage Protection, Roadside Assistance, Travel Accident Insurance, TSA PreCheck & Global Entry credit

Rewards

1x points
On all other eligible purchases
Earn 1 point per $1 spent on all other purchases made with your card.
2x points
Select Categories
Earn 2 points per $1 spent on social media and search engine advertising.
2x points
Streaming services
Earn 2 points per $1 spent on internet, cable, and phone services, and select streaming.
2x points
Transit
Earn 2 points per $1 spent on local transit and commuting purchases, including rideshare, passenger trains, buses, taxis, tolls, and parking lots and garages.
3x points
Hotels
Earn 3 points per $1 spent on Rapid Rewards hotel partners.
3x points
Rental Cars
Earn 3 points per $1 spent on Rapid Rewards car rental partners.
4x points
Southwest Purchases
Earn 4X pts on Southwest® purchases.

Interest Rates & Fees

Annual Fee$199
Foreign Transaction Fee$0
Regular APR21.49% - 28.49% (V) APR

What Credit Score Is Required to Get the Southwest® Rapid Rewards® Performance Business Credit Card

The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use numerous factors in their underwriting process, and these factors can change at any time.

Lowest Approved Credit Score: 779

Average Approved Credit Score: 826

App StatusDateCredit ScoreBureauCredit Limit
Approved01/02/2024
779
Experian
$24,000
Approved01/02/2024
850
Equifax
$24,000
Approved01/02/2024
850
TransUnion
$24,000

Pros & Cons

Pros
  • Welcome offer
  • No foreign transaction fee
  • Up to 4X Points
Cons
  • Annual fee
  • Requires good credit

What Are the Best Alternatives?

Delta SkyMiles® Blue American Express Card
Delta SkyMiles® Blue American Express Card

Rating

4.4

Rewards Range

1x - 2x Miles

Annual Fee

$0

Ink Business Preferred® Credit Card
Ink Business Preferred® Credit Card

Rating

4.7

Rewards Range

1-3x points

Annual Fee

$95

The American Express Blue Business Cash™ Card
The American Express Blue Business Cash™ Card

Rating

4.6

Rewards Range

1% - 2%

Annual Fee

No annual fee

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