When Will Southwest Offer Companion Pass Again
Desire to hash out these deals? Employ to bring together the members-only MilesTalk Facebook group.
Advertising Disclosure: Links and credit card offers on this page may earn us a small-scale commission. They never influence what we cover but they do continue the lights on. Learn More than
If yous aren't eligible for business cards, needed to complete the strategy detailed below, then yous should probably consider i of the three personal card offers now.
This commodity is designed to help you become Companion Laissez passer for all of 2022 and 2023. Since it lasts for the year you earn information technology in AND all of the following year, At present is a cracking time to start the procedure, as I'll outline beneath.
If you are in a cash crunch, you should avoid travel rewards credit cards until you are caught upward. Here are our favorite credit cards for Intro 0% April offers and for balance transfer offers
Also note that nosotros have new info that fifty-fifty those over v/24 are beingness canonical for Southwest cards!
Each year, the last couple of months of the year – and the commencement of the next twelvemonth – is what I call "Southwest Companion Pass Season"
The Southwest Companion Pass is easily one of the most valuable things in miles and points, especially for those focused on as much domestic motorbus travel as possible for as little coin as possible.
What is the Southwest Companion Pass?
The Southwest Companion Laissez passer allows y'all to bring a companion on all of your flights for complimentary (just pay taxes and fees) an unlimited amount of times. The Companion Pass includes both paid and award tickets, which is pretty amazing.
You are allowed to change the eligible Companion 3 times per yr on a Companion Laissez passer. The only grab is that yous can't change to a new companion while you still have an un-flown ticket with the concluding one (unless you abolish it).
When Should I Get the Southwest Companion Pass?
I'll go into all of the details on timing beneath, merely this is the of import part:
The Southwest Companion Pass is valid for all of the year that you earn it plus the entire next year. If you were to earn the Companion Pass on January 15th, 2022, yous would have that Companion Pass through Dec 31st, 2023!
Permit'south say you wing one time a month and employ the Companion Pass each time on a an average fare of $250 round trip (before taxes and fees, for simplicity).
If you lot had the pass for a full two years, that would hateful that the Southwest Companion Laissez passer was worth an insane $half-dozen,000 to you.
How Do You Earn the Southwest Companion Pass?
For context and for those that don't know, the Southwest Companion Pass is earned when you accumulate 125,000 Southwest Rapid Rewards points (it used to exist 110,000, only that changed in 2020) from certain sources which include flying (obviously) and points earned from credit menu bonuses and spend (only not when you lot transfer points from programs similar Chase Ultimate Rewards into Southwest).
But this site is all about credit menu rewards, along with miles and points, and that's where I'm headed.
As long every bit you can authorize for a business concern credit carte du jour (Meet: Do Y'all Need a Business to Qualify and Apply for a Business Credit Card?), then in that location is a very like shooting fish in a barrel strategy to get the Companion Pass.
Equally long as you lot are still under v/24 (you've opened less than a total of 5 personal credit cards in the concluding 24 months), yous can apply for one Southwest Business credit menu so either a 2d Southwest Business credit card OR a personal Southwest credit menu.
(Quick reminder note on 5/24: both personal and business organization Upper-case letter One or Observe cards count confronting this limit, althoughnew Majuscule One Spark Greenbacks Plus cards opened in Nov 2022 or later which don't report to your personal credit.)
In all cases, y'all'll apply for the business organisation bill of fare first, both because it has the bigger initial bonus and because it won't count confronting your 5/24, so this Companion Pass strategy works even if you are 4/24 now.
Timing and Lodge of Opening the Southwest Credit Cards to Get 2 Years of Companion Pass
At that place are 5 Southwest Airlines Credit Cards. You'll only need to open two, though, to put this plan into action and earn the Companion Laissez passer.
The offset thing I want to say is the nearly important part of this programme…
The reason we kickoff now is so that you can maximize your Companion Pass. This Companion Pass will exist good until the end of the year Afterwards the year yous earn information technology, meaning that if you earn it early in a agenda year, you'll be getting almost two full years of Companion Pass.
Allow's begin…
The Southwest Performance Business Credit Carte has an offer on now for 80,000 Rapid Rewards points when y'all spend $5,000 in 3 months. That is a whopper of a bonus and an integral part of this plan.
Alternatively, you tin can get the Southwest Airlines Rapid Rewards Premier Business Credit Card which volition give you sixty,000 bonus points after yous spend $iii,000 within 3 months. The annual fee on the Premier Business organisation Credit Card is $99 less, though you get 20,000 less bonus points.
Nosotros'll and so want to wait 32 days (or just over a month to make it simple) and then apply for either the other Chase Southwest Business card, the Southwest Rapid Rewards Premier Business Credit Bill of fare, which is offer lx,000 bonus points after you spend $three,000 in iii months (or the Southwest Functioning Business Credit Card if you chose the Premier card above), or one of the iii personal Southwest credit cards:
Southwest Airlines Rapid Rewards Plus Credit Card (Annual Fee: $69)
- Offer:
Earn 40,000 points when yous spend $1,000 on purchases in your beginning 3 months.
Southwest Airlines Rapid Rewards Premier Credit Menu (Almanac Fee: $99)
- Offering:
Earn 40,000 points when you spend $1,000 on purchases in your first 3 months.
Southwest Rapid Rewards Priority Credit Card (Almanac Fee: $149)
- Offer:
Earn twoscore,000 points when you spend $1,000 on purchases in your first iii months.
(Yeah, all iii personal Southwest cards have the same bonus offer. Y'all just have to choice which bill of fare makes the most sense for you. You can as well compare benefits between all three Southwest credit cards here).
The Math on Combining Southwest Credit Carte Bonuses for Companion Pass Ten 2 Years
If you got the Southwest Operation Business Credit Card (for 80,000 points) and the Southwest Rapid Rewards Premier Business Credit Card, you would take 140,000 Companion Pass qualifying Rapid Rewards points after meeting minimum spend = earn the Companion Pass!
Or, combine the Southwest Operation Business Credit Carte (80,000 bonus points subsequently y'all spend $v,000 in 3 months = 85,000 points including the points earned while meeting the minimum spend) plus any personal card (40,000 bonus points for $1,000 spend = 125,000 full Companion Pass qualifying points) to run across your requirement toearn the Companion Laissez passer!
If you lot were curt, you could boost your balance with things similar Rapid Rewards dining, Rapid Rewards eShopping, and even Rapid Rewards hotels – but as you tin can see with the math in a higher place, that won't be necessary for this Companion Pass strategy unless you lot only got one of the cards.
Alternatively, combine the Southwest Rapid Rewards Premier Concern Credit Card (sixty,000 bonus points) plus any personal card base of operations bonus (forty,000 points) to go yous to 100,000 points – needing 25,000 more for Companion Pass.
If you only picked up one menu, you lot could get the rest by flying or via Rapid Rewards dining, Rapid Rewards eShopping, and even Rapid Rewards hotels (Powered by RocketMiles) = earn the Companion Pass!
All have annual fees (the Southwest Functioning Business Credit Card's fee is $199 and then the lowest 2nd card fee would be $69 for the Southwest Airlines Rapid Rewards Plus Credit Card).
For that reason I'd propose that even if you'll only hit the beginning bonus tier level, it yet makes more sense to get the Southwest Performance Business Credit Card with 80,000 Rapid Rewards points when you spend $5,000 in iii months and then a personal menu. That would net you lot more than plenty qualifying points, achieving the Companion Pass with no other spend or flying!
Now, I know that got confusing, so let'due south go footstep-by-pace…
A Simple to Follow Plan to Earn the Southwest Companion Pass with Southwest Rapid Rewards Credit Cards
Footstep i:
As before long as possible, utilize for the Southwest Performance Business organization Credit Card then y'all can earn 80,000 points when yous spend $v,000 within 3 months OR the Southwest Rapid Rewards Premier Business concern Credit Bill of fare, which is offering 60,000 bonus points when you lot spend $iii,000 in iii months.
If you aren't eligible for a business bill of fare, you can grab 40,000 points off a personal card and earn the balance from spend and flights, but you'd nonetheless need to earn 85,000 more – so I urge you to read this post to see if you lot might actually be eligible for a Concern credit card!
Step two:
Then,depending on how long y'all'll need to spend required amount for your bonus on the first menu, apply for your second card, but I recommend waiting at least 32 days betwixt applications if you get two business organization credit cards. If you go a business organization and a personal, you lot don't have to wait – simply go the Business credit bill of fare first.
Again this tin exist any of the four other Southwest credit cards:
Southwest Rapid Rewards Premier Business Credit Card (annual fee of $99, 60,000 bonus points when you spend $3,000 in 3 months) – OR the Southwest Performance Business concern Credit Bill of fare if you started with the Southwest Rapid Rewards Premier Business Credit Carte.
Southwest Airlines Rapid Rewards Plus Credit Carte
Sign Up Bonus Offering:
- Earn 40,000 points when you spend $1,000 on purchases in your first 3 months.
Southwest Airlines Rapid Rewards Premier Credit Carte du jour
Sign Upward Bonus Offer:
- Earn xl,000 points when y'all spend $i,000 on purchases in your first 3 months.
Southwest Rapid Rewards Priority Credit Carte
Sign Up Bonus Offer:
- Earn forty,000 points when you lot spend $1,000 on purchases in your first 3 months.
At present, under the electric current bonus offers, if you get a Southwest Rapid Rewards Premier Business Credit Carte and whatever of the personal credit cards, y'all'll take 100,000 points and need 25,000 more to earn take Companion Pass through Dec 2022.
Just still, it still makes more sense to go the Southwest Functioning Business Credit Card with 80,000 Rapid Rewards points when you spend $five,000 in 3 months so a personal Southwest credit carte, which nails it in i shot at exactly 125,000 Companion Laissez passer points.
I'll recommend that you bookmark this mail and send yourself a agenda invite to remind yourself when you are due to apply for that second menu.
Annotation: Yous used to exist able to open ii personal cards. Hunt will no longer corroborate y'all for a second personal Southwest carte du jour. So, you may accept heard that is a thing, but it's no longer a thing….
Step iii:
Step 3 is to meet your minimum spends for the beginning (and second, if applicable) menu anytime after January 1, 2022, though before your bonus offer period ends. (If yous are flight SW or otherwise earning SW points, those will add together to your full in the twelvemonth flown, so any flights in 2022 will reduce what yous need.)
Once you lot encounter information technology and your next statement closes, those points will exist in your Rapid Rewards account and yous'll earn the Companion Pass.
At that betoken, you'll accept the Companion Laissez passer for most ii total years.
If you have Whatsoever questions, delight ask me earlier you begin this Companion Pass strategy.
You lot don't desire to make a mistake. It's always better to enquire for clarification than to make a fault here.
Please remember that if yous desire to support MilesTalk when you apply for your Southwest credit card, you can utilise our links hither.
Questions?
Let me know below in the comments, on Twitter, or in the private MilesTalk Facebook group.
And if this mail service helped y'all, please consider sharing it!
You tin can find credit cards that all-time friction match your spending habits and bonus categories at Your Best Credit Cards .
New to all of this? My "introduction to miles and points" volume, MilesTalk: Live Your Wildest Travel Dreams Using Miles and Points is available on Amazon and at major booksellers.
Source: https://milestalk.com/southwest-companion-pass-guide/
0 Response to "When Will Southwest Offer Companion Pass Again"
Post a Comment