Southwest Speedy Rewards Premier Enterprise Credit score Card overview
The Southwest® Speedy Rewards® Premier Enterprise Credit score Card (see charges and costs) is the airline’s entry-level enterprise bank card. It gives strong earnings charges and a number of perks when flying Southwest. With an annual charge of $149, the Premier card is a good decide for thrifty Southwest enterprise loyalists. Card ranking*: ⭐⭐⭐½
*Card ranking is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.
Airline-specific bank cards aren’t usually the primary picks for journey bank cards since they have an inclination to characteristic restricted advantages that solely apply to a particular airline.
Nevertheless, the Southwest Speedy Rewards Premier Enterprise Credit score Card could be a good selection for small-business homeowners who often fly Southwest.
The cardboard was not too long ago refreshed, that includes new day-of-travel advantages and modified earnings. Nevertheless, these modifications elevated the annual charge by 50% to $149.
Southwest is at present in the midst of sweeping modifications, together with implementing bag charges, updating its boarding course of and including assigned seating, making now a good time to carry a Southwest bank card.
Authorized candidates usually have credit score scores above 670, however it’s not remarkable to be permitted with a decrease rating.
This is what it is advisable know in the event you’re contemplating the Southwest Premier Enterprise card in your firm.
Southwest Premier Enterprise professionals and cons
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Southwest Premier Enterprise welcome provide
Proper now, new cardholders can earn 60,000 factors after spending $3,000 on purchases within the first three months from account opening.
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In keeping with TPG’s July 2025 valuations, this provide is price $840. That is the usual welcome provide we usually see on this card, so it might be price ready for an elevated provide.
Along with the factors worth, keep in mind that welcome bonuses from Southwest playing cards rely towards Companion Cross qualification.
As soon as earned, the Companion Cross is legitimate for the rest of the 12 months and the next 12 months, so incomes it as early into the calendar 12 months as attainable will enable you to obtain the utmost advantage of the cross.
Nevertheless, earlier than you go submit an software, make sure to verify your eligibility. This card, similar to most Chase cobranded playing cards, is topic to the Chase 5/24 rule.
Plus, there are restrictions on how usually you’ll be able to earn a Southwest welcome bonus. For instance, in the event you’ve earned a welcome bonus on this card up to now 24 months, you will not be eligible.
Southwest Premier Enterprise advantages
The Southwest Premier Enterprise has a $149 annual charge and gives a fair proportion of perks that may make it a worthwhile card for infrequent Southwest flyers. These embody:
- Two Early Chicken Verify-Ins: Cardholders obtain two Early Chicken Verify-Ins annually. (For flights working in 2025, ends Dec. 31)
- 6,000 anniversary bonus factors: In your account anniversary, Southwest will robotically award you 6,000 anniversary bonus factors (price as much as $84, in accordance with TPG’s July 2025 valuations). This alone successfully covers greater than half of the cardboard’s annual charge.
- Free first checked bag: Obtain a free first checked bag for you and as much as eight passengers touring on the identical reservation. (An ordinary first checked bag prices $35, which might save a household of 4 $280 on a round-trip itinerary.)
- Precedence boarding: Obtain group 5 precedence boarding for you and as much as eight passengers touring on the identical reservation (for flights working in 2026 and past). If in case you have A-list standing, you’ll be able to board with an earlier group.
- Most well-liked seat choice: When out there, you and as much as eight passengers touring on the identical reservation can choose most well-liked seating inside 48 hours of departure (for flights working in 2026 and past). This can be a precious perk contemplating Southwest will start charging for seat choice on flights working subsequent 12 months.
- Flight low cost code: Cardholders obtain one promotional 15% flight low cost code every anniversary 12 months (excluding Primary fares)
- Standing Increase: You’ll earn 2,000 Tier Qualifying Factors for each $5,000 spent on the Premier card in a 12 months (with no cap on the variety of TQPs you’ll be able to earn). This will help you earn A-Checklist or A-Checklist Most well-liked standing sooner.
- 10,000 Companion Cross qualifying factors enhance yearly: Cardholders obtain 10,000 factors towards a Companion Cross annually. This, mixed with the factors earned from the welcome provide, will put you nicely over midway towards incomes a companion cross.
- Free worker playing cards: There are not any charges for added worker playing cards, and the unique cardholder will earn factors on worker spending. Enterprise homeowners can contact cardmember providers to place a spending restrict on worker playing cards.
- $500 charge credit score for level transfers: Southwest will cowl as much as $500 in charges related to level transfers annually, though this profit will finish Dec. 31. Transferring Speedy Rewards factors to a different member usually prices $10 per 1,000 factors transferred, so you’ll be able to switch as much as 50,000 factors yearly with out paying extra charges after Southwest’s reimbursement.
- No overseas transaction charge: This card is a viable possibility to make use of for enterprise journey overseas.
Within the midst of all of the modifications at Southwest, these perks afforded by the Southwest Premier Enterprise card will help you avoid wasting cash each time you fly.
Incomes factors on the Southwest Premier Enterprise
The Southwest Premier Enterprise earns:
- 3 factors per greenback spent on Southwest Airways purchases (4.2% return based mostly on TPG’s July 2025 valuations)
- New: 2 factors per greenback spent at gasoline stations and eating places on the primary $8,000 in mixed purchases per 12 months. (2.8% return)
- 2 factors per greenback spent on Speedy Rewards lodge and automotive rental companions (2.8% return; ends Dec. 31)
- 2 factors per greenback spent on native transit and commuting, together with ride-hailing (2.8% return; ends Dec. 31)
- 1 level per greenback for all different eligible purchases (1.4% return)
It is necessary to notice that present cardholders may have entry to each the brand new and expiring bonus classes.
The addition of the gasoline stations and eating places bonus class is welcomed, however having two different bonus classes eliminated on the finish of the 12 months, together with the native transit and commuting class, stings.
Except it is advisable earn Southwest factors, you are higher suited placing your on a regular basis enterprise spending on a card just like the Ink Enterprise Most well-liked® Credit score Card (see charges and costs) or the American Specific® Enterprise Gold Card.
Associated: How to decide on the most effective bank card for what you are promoting bills
Redeeming factors on the Southwest Premier Enterprise
The first redemption possibility for Speedy Rewards factors is Southwest-operated flights. Southwest follows a easy redemption course of: The costlier a flight is in money, the extra it is going to price in factors. There is not any outsize worth available, however that ensures you get comparatively constant worth in your rewards.
Redeeming Southwest factors is so simple as reserving Southwest flights on-line. Select “Factors” as a substitute of “{Dollars}” when deciding on the flight you need to e-book on the service’s web site. You will then see the award pricing in your itinerary.
Like all airways’ award tickets, flights booked with Southwest factors will nonetheless require fee for added taxes and costs, which begin at $5.60 per method. Nevertheless, tickets booked with factors are absolutely refundable, and there’s no penalty for cancellations (so long as you do it a minimum of 10 minutes earlier than your scheduled departure time).
TPG publication and partnerships editor Emily Thompson is a frequent Southwest flyer with a number of Southwest bank cards. She usually tops up the factors earned from her Southwest Premier Enterprise by transferring extra factors from her Chase Sapphire Most well-liked® Card (see charges and costs) for flights.
Southwest additionally gives worldwide flights, accommodations and automotive leases on its journey portal, however the charges are subpar in comparison with utilizing your factors on Southwest-operated flights.
Associated: redeem Southwest Speedy Rewards factors
Which playing cards compete with the Southwest Premier Enterprise?
If you’d like extra advantages or extra versatile rewards, one among these playing cards might be a greater match:
For added choices, please see our picks for the most effective enterprise and airline bank cards.
Associated: Is the Southwest Premier Enterprise definitely worth the annual charge?
Backside line
The Southwest Speedy Rewards Premier Enterprise Credit score Card is an efficient possibility for a loyal Southwest flyer, particularly since you’ll be able to work towards a Companion Cross after incomes the present welcome bonus.
Nevertheless, its incomes construction and ongoing advantages aren’t exceptional, so many enterprise homeowners will discover a higher slot in a distinct card.
Apply right here: Southwest Speedy Rewards Premier Enterprise Credit score Card
