Southwest just launched an awesome promotion for those who have the Southwest credit card. Between Aug. 1 and Oct. 30, 2020, you’ll earn a 30% bonus on all points earned from using your Southwest credit credit card. You must earn at least 6,000 points for the bonus to kick in and you can earn a maximum of 25,000 bonus points. You can register for this promotion on your Southwest Rapid Rewards promotion page. Unfortunately though, this promotion is targeted.
Earn up to 30,000 Southwest Rapid Rewards bonus points
Anything that pops up in your Rapid Rewards account as “Credit Card” will count. For those who just applied for the Southwest credit cards, when those points post to your account, they might even be included in the bonus. The terms do state that they will not count, but when they are posted to your account they are clumped into all credit card spend for the month. So I am not sure if their system knows how to differentiate.
That means if you grabbed an increased 100,000 point offer, you might be looking at the extra 25,000 points right away. Or, if you applied for one of the lower 40,000 point offers, that will still net you another 10,000 points.
All bonus points count towards the Southwest Companion Pass
The absolute best part about this offer, is that all bonus points earned count towards the Southwest Companion Pass. This is huge as it makes earning the pass for 2020 and 2021 could much easier.
Typically with most Southwest credit cards, you earn 2 points per dollar spent on Southwest purchases (as well as Rapid Rewards hotel and car rental partner purchases) and 1 point per dollar spent on all other purchases. If you are eligible for this promotion, this means you’ll earn 2.6 points per dollar on Southwest purchases and then 1.3 points on everything else.
One thing to keep in mind with this offer is that the points must post to your account by Oct. 31, 2020. This means you MUST meet your minimum spend for your new credit card and any additional credit card by your October statement close date. Any purchases made after your October date will not post until your November statement closes and thus will be ineligible for the bonus points. (If in fact credit card sign up offers do qualify).
This is a great way to increase your Southwest account balance and earn the amazing Southwest Companion Pass. I personally have already secured my Southwest Companion pass for 2020 and 2021, so even though I am targeted for this promotion I actually will not be taking advantage.