This is a quick post because I wanted to give you heads up on this new development. I don’t believe it’s been reported on blogs, but it looks like Chase has reduced the bonus on Plus and Premier versions of Southwest credit card. You will now get 40,000 points (instead of 50,000 points) after spending $1,000 in 3 months. Annual fee is not waved on either card. Business version still shows a bonus of 50,000 points. Here is direct non-affiliate link
Keep in mind, regular bonus on all three versions is 25,000 points, so technically, 40,000 points is the increased offer. Both affiliate and direct links on Plus and Premier now point to the lower bonus. However, you can still get 50,000 points on Premier card if you apply via someone’s referral link. Here is my referral link with application details. I’ll get 5,000 points per each approval. I don’t know how much longer it will be available, which is why I decided to dedicate a separate post.
It’s entirely possible that Chase will raise the official bonus to 50,000 points again, and that some sort of zombie link will be available for a long time. I have absolutely no idea on what’s in store. I’m also not suggesting you should jump on this offer just because. There are better bonuses available, like Chase Sapphire Reserve. Also, keep in mind, Southwest cards are subject to 5/24 rule.
However, if you’ve been considering applying for Premier version in a near future, now may be a good time. Of course, if you can get approved for business version, you will be on your way to getting a Companion Pass (click this link and scroll down for more information on this perk). Just make sure to complete the minimum spending in January of 2017.
Readers, who is planning on applying for this card due to this new development?
Leana is the founder of Miles For Family. She enjoys beach vacations and visiting her family in Europe. Originally from Belarus, Leana resides in central Florida with her husband and two children.