Southwest Rapid Rewards® Premier Business Credit Card
The Southwest Rapid Rewards® Premier Business Credit Card from Chase earns up to 2.8% effective value on dining in Madeen's catalog snapshot. Its annual fee is $149. New applicants may see: Earn 60,000 points after you spend $3,000 on purchases in the first 3 months from account opening.. Madeen compares this card against the cards you already carry — no bank login required.
- Top category
- Dining
- Effective value
- 2.8%
- Annual fee
- $149
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Madeen compares public issuer terms with its card-rule catalog. Issuer pages control rewards, fees, benefits, exclusions, and eligibility; Madeen does not issue cards, make approval decisions, or provide financial advice.
What does the Southwest Rapid Rewards Premier Business Credit Card earn in each category?
Dining is the strongest category at 2.8% effective value (2x miles at about 1.4 cents each). That dining rate ranks higher than about 65% of the 1,547 cards we track in that category. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
Dining is the strongest category at 2.8% effective value (2x miles at about 1.4 cents each). That dining rate ranks higher than about 65% of the 1,547 cards we track in that category.
| Category | Earn rate | Effective value |
|---|---|---|
| Dining Restaurants, cafes, takeout | 2x miles | 2.8% Top category |
| Grocery Supermarkets and grocery stores | 1x miles | 1.4% |
| Gas Gas stations and fuel | 2x miles | 2.8% |
| Travel Flights, hotels, transit | 1x miles | 1.4% |
| Other General everyday spend | 1x miles | 1.4% |
Madeen values Southwest Rapid Rewards at about 1.4 cents each. Madeen compares every card using this cash-equivalent estimate while still showing the raw earn rate for context.
What are the Southwest Rapid Rewards Premier Business Credit Card reward caps and conditions?
The Southwest Rapid Rewards Premier Business Credit Card has 1 notable cap or condition rule(s) in Madeen's catalog, including activation windows, spend limits, and category exclusions. Review each bullet below before assuming unlimited earn rates. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
- Earn 2 points for every $1 you spend at gas stations and restaurants on the first $8,000 in combined purchases per anniversary year. Capped at $8000 per year.
Who should get the Southwest Rapid Rewards Premier Business Credit Card?
The Southwest Rapid Rewards Premier Business Credit Card fits spenders who put meaningful volume in dining and can earn 2x miles. Best for spenders who put meaningful volume in dining and can earn 2x miles. The welcome bonus can help if you can meet the spend requirement.
Southwest Rapid Rewards Premier Business Credit Card fits spenders who put meaningful volume in dining and can earn 2x miles. Madeen ranks its dining effective rate higher than about 65% of the catalog in that category. Compare it against cards you already carry with Madeen — no bank login required.
Best for spenders who put meaningful volume in dining and can earn 2x miles. The welcome bonus can help if you can meet the spend requirement.
Compare it against simpler no-fee cards if you want minimum complexity.
Worth a look for dining spend if you need a business card and can use Southwest Rapid Rewards the way you redeem today. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
Pros
- Strongest Madeen category is dining at about 2.8% effective (2x miles).
- No foreign transaction fee listed.
- Welcome bonus may add value if you can meet spend requirements.
- Includes travel or statement credits in our benefits snapshot.
Cons
- $149 annual fee requires enough spend in bonus categories to offset.
- Southwest Rapid Rewards value depends on how you redeem, not straight cash back.
- Business card — rewards and liability rules differ from consumer cards.
Does the Southwest Rapid Rewards Premier Business Credit Card have an annual fee, and what's the welcome bonus?
The Southwest Rapid Rewards Premier Business Credit Card has an annual fee of $149 and a foreign transaction fee of None. New applicants may see: Earn 60,000 points after you spend $3,000 on purchases in the first 3 months from account opening.. Confirm current issuer terms before applying.
- Annual fee
- $149
- Foreign transaction fee
- None
- Signup bonus
- Earn 60,000 points after you spend $3,000 on purchases in the first 3 months from account opening.
What travel perks does the Southwest Rapid Rewards Premier Business Credit Card include?
The Southwest Rapid Rewards Premier Business Credit Card includes Free checked bag, 15% Flight Discount, 6,000 anniversary points each year, Auto Rental Collision Damage Waiver in our snapshot. Perks and benefits can change; verify coverage on the issuer site before you rely on them.
- Free checked bagFirst checked bag free for Cardmembers and up to 8 additional passengers in the same reservation. For a family of 4 this would be a savings of up to $280 roundtrip ($35 per bag per trip)
What benefits come with the Southwest Rapid Rewards Premier Business Credit Card?
- 15% Flight Discount
Receive a 15% promo code each year on your cardmember anniversary (excludes basic fare)
- 6,000 anniversary points each year
Receive 6,000 bonus points each year after your Cardmember anniversary.
- Auto Rental Collision Damage WaiverIncluded with Visa Signature®
Auto Rental Collision Damage Waiver (ARCDW) provides primary insurance coverage for physical damage and theft, reasonable and customary towing, and valid loss-of-use charges and administrative fees when you reserve and pay for a rental car with your covered Visa Business card.
- Baggage Delay Insurance
Reimburses you for essential purchases like toiletries and clothing for baggage delays over 6 hours by passenger carrier up to $100 a day for 3 days.
- Boarding benefit
Cardmembers and up to 8 passengers in the same reservation will board with Group 5 giving them earlier access to overhead bins.
- Booking.comIncluded with Visa Signature®
Purchase qualifying stays with your eligible Visa Credit or Debit card and get up to 8% in Travel Credits to use on future flights, stays, car rentals, attractions, car rentals, taxis and more.
- Complimentary Instacart+ Membership
Get complimentary Instacart+ Membership and receive unlimited deliveries with $0 delivery fees on eligible orders. Service fees and Terms apply. Benefits end 12/31/27.
- Complimentary Preferred seat
Select a Standard or Preferred seat within 48 hours prior to departure, when available.
Common questions about the Southwest Rapid Rewards Premier Business Credit Card
Does the Southwest Rapid Rewards Premier Business Credit Card have an annual fee?
The Southwest Rapid Rewards Premier Business Credit Card carries an annual fee of $149 in Madeen's catalog snapshot. Issuer terms can change, so confirm the current fee on the issuer's site before you apply. Madeen does not predict approval or prequalification.
What category earns the most with the Southwest Rapid Rewards Premier Business Credit Card?
Dining is the strongest Madeen category for the Southwest Rapid Rewards Premier Business Credit Card at about 2.8% effective value, based on our catalog snapshot and standard point valuations. Other categories are listed in the effective-rate table on this page.
Does the Southwest Rapid Rewards Premier Business Credit Card charge foreign transaction fees?
The Southwest Rapid Rewards Premier Business Credit Card does not charge a foreign transaction fee in Madeen's catalog snapshot, which can make it stronger for purchases outside the U.S. Issuer terms still control international acceptance and other fees. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
What is the Southwest Rapid Rewards Premier Business Credit Card welcome bonus?
The Southwest Rapid Rewards Premier Business Credit Card welcome offer in our snapshot: Earn 60,000 points after you spend $3,000 on purchases in the first 3 months from account opening.. Minimum spend, eligibility, and offer windows are set by the issuer and can change.
Is the Southwest Rapid Rewards Premier Business Credit Card annual fee worth it?
Whether the $149 annual fee pays off depends on how much you spend in dining and whether you use the card's benefits. Madeen compares effective rates across the cards you already carry without bank login. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
What credit score do you need for the Southwest Rapid Rewards Premier Business Credit Card?
Madeen's catalog lists a typical credit range of Good to Excellent for the Southwest Rapid Rewards Premier Business Credit Card. Issuers decide approval using their own criteria; Madeen does not predict approval odds or prequalification. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
How does the Southwest Rapid Rewards Premier Business Credit Card compare to similar cards?
Compare the Southwest Rapid Rewards Premier Business Credit Card against Aeroplan Card (4.5% on Dining, $95 fee); AARP (3% on Dining, $0 fee); Chase Freedom Flex Credit Card (3% on Dining, $0 fee). Madeen ranks effective value by category and annual fee using the same catalog snapshot dated 2026-05-01.
| Card | Top category | Effective value | Annual fee |
|---|---|---|---|
Southwest Rapid Rewards Premier Business Credit Card This card | Dining | 2.8% | $149 |
Chase | Dining | 4.5% | $95 |
Chase | Dining | 3% | $0 |
| Dining | 3% | $0 | |
| Dining | 3% | $0 |
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