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Chase recently announced a new limited-time offers for its Southwest consumer credit cards, allowing cardholders to earn the budget airline's coveted Companion Pass plus 30,000 bonus points when they meet a minimum spending requirement.

If you frequently travel with a plus-one, the Companion Pass allows you to add them to any Southwest flight for just the cost of taxes and fees.

How to Qualify for the New Companion Pass Offer

Credit card issuers often offer increased sign-up bonuses for a limited time, and this one is no different. To qualify, you'll need to do the following.

  • Apply for an eligible card: The offer is only available on Southwest consumer credit cards, which include:

Compare Southwest Consumer Credit Cards

Credit Card Annual Fee Intro Bonus Perks Learn More

Southwest Rapid Rewards® Plus Credit Card

$69 50,000Southwest Rapid Rewards Points More Info

Earn 50,000 bonus points after spending $1,000 on purchases in the first 3 months from account opening. Dollar Equivalent: $700 (50,000 Southwest Rapid Rewards Points * 0.014 base)

  • Lost luggage reimbursement
  • Baggage delay insurance
$99 50,000Southwest Rapid Rewards Points More Info

Earn 50,000 bonus points after spending $1,000 on purchases in the first 3 months from account opening. Dollar Equivalent: $700 (50,000 Southwest Rapid Rewards Points * 0.014 base)

  • Lost luggage reimbursement
  • Baggage delay insurance

Southwest Rapid Rewards® Priority Credit Card

$149 50,000Southwest Rapid Rewards Points More Info

Earn 50,000 bonus points after spending $1,000 on purchases in the first 3 months from account opening. Dollar Equivalent: $700 (50,000 Southwest Rapid Rewards Points * 0.014 base)

  • $75 Southwest annual travel credit
  • 25% back on inflight drinks & Wi-Fi
  • 4 upgraded boardings when available
  • Visit the offer page: The offer is currently not available when you visit the card landing pages on Chase's website, so be sure to use one of the above links to apply.  
  • Apply by the offer deadline: The limited-time offer won't be around for more than a few weeks, so be sure to apply as soon as possible if you're interested.
  • Meet the spending requirement: You'll need to spend $4,000 in the first three months. Keep in mind that the clock starts when you open your account, not when you receive the card.

Once you meet the spending requirement, you'll earn a Companion Pass, which will be valid through February 28, 2025, along with 30,000 Rapid Rewards points. 

How the Current Southwest Companion Pass Offer Compares to Past Offers

inside Southwest plane

Unsplash

The standard sign-up bonus for all three credit cards is 50,000 bonus points. That isn't a bad offer, but for context, you need to earn 135,000 points in a calendar year to earn the Companion Pass. 

That said, this isn't the first time Southwest and Chase have offered the Companion Pass as part of a welcome bonus. At this same time last year, the card issuer ran the exact same promotion. 

So, if you're not sure the time is right to apply for the offer now, chances are we'll see it again, but it may be a while.

The Bottom Line

The Southwest Companion Pass offers significant value, especially to frequent travelers who often fly with a companion. But as with any other sign-up bonus, it's important to consider all of the card's features to determine whether it's the right fit for you. 

Each of the Southwest credit cards offers great perks, so compare them to get an idea of which one is the best fit for you based on your travel habits. However, if you don't live near a Southwest Airlines hub airport or you prefer another airline, a Southwest credit card may not be right for you.

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Ben Luthi

Ben Luthi is a personal finance and travel writer and credit card expert. He has a degree in finance from Brigham Young University and worked in financial planning, banking and auto finance before writing full-time for NerdWallet and Student Loan Hero. Ben is now a full-time freelance writer and enjoys traveling and spending time with his two kids. His work has appeared in several publications, including U.S. News & World Report, USA Today, Money, Success and Slickdeals.