Southwest Business Credit Cards- A Comprehensive Review for 2024

1. Southwest Airlines has carved a niche for itself in the travel industry, and its business credit cards are tailored to meet the needs of frequent flyers and business owners. For 2024, Southwest offers a range of business credit cards that come with various benefits and rewards. This comprehensive review will cover the key features, pros, and cons of Southwest business credit cards, helping you decide if one of these cards is the right fit for your business. 1. Overview of Southwest Business Credit Cards Southwest Airlines offers two primary business credit cards in partnership with Chase: the Southwest Rapid Rewards® Premier Business Credit Card and the Southwest Rapid Rewards® Performance Business Credit Card. Both cards are designed to provide travel-related rewards and benefits, but they cater to different types of business needs and spending habits. 2. Key Features Southwest Rapid Rewards® Premier Business Credit Card Annual Fee: $99 Sign-Up Bonus: Earn 60,000 points after spending $3,000 on purchases in the first 3 months from account opening. Rewards Rate: Earn 2 points per $1 spent on Southwest purchases and 1 point per $1 spent on all other purchases. Anniversary Points: Receive 6,000 bonus points each year on your card anniversary. Foreign Transaction Fees: None Additional Benefits: Travel and purchase protection, employee cards at no additional cost, and the ability to redeem points for flights, hotel stays, car rentals, and more. Southwest Rapid Rewards® Performance Business Credit Card Annual Fee: $199 Sign-Up Bonus: Earn 80,000 points after spending $5,000 on purchases in the first 3 months from account opening. Rewards Rate: Earn 3 points per $1 spent on Southwest purchases, 2 points per $1 spent on social media and search engine advertising, internet, cable, and phone services, and 1 point per $1 spent on all other purchases. Anniversary Points: Receive 9,000 bonus points each year on your card anniversary. Inflight WiFi Credits: Get up to 365 $8 credits for inflight WiFi per year. Global Entry/TSA PreCheck Credit: Receive up to $100 credit for Global Entry or TSA PreCheck every four years. Foreign Transaction Fees: None Additional Benefits: Enhanced travel and purchase protection, employee cards at no additional cost, and the ability to redeem points for flights, hotel stays, car rentals, and more.

2. 3. Pros and Cons Pros Generous Sign-Up Bonuses: Both cards offer substantial sign-up bonuses, which can significantly boost your Rapid Rewards points balance. No Foreign Transaction Fees: Ideal for businesses with international travel needs. Anniversary Points: Earn bonus points each year on your card anniversary, helping you maintain and grow your points balance. Travel Perks: Benefits such as inflight WiFi credits, travel and purchase protection, and Global Entry/TSA PreCheck credits add significant value. Flexible Redemption Options: Points can be redeemed for flights, hotel stays, car rentals, gift cards, and more, providing flexibility in how you use your rewards. Employee Cards: Ability to issue cards to employees at no additional cost, allowing you to earn rewards on their spending as well. Cons Annual Fees: The annual fees for these cards ($99 and $199) may be a drawback for some businesses, especially those with lower travel spending. Limited Rewards Categories: While the Performance Business card offers additional rewards categories, the Premier Business card's rewards are more limited. Southwest-Specific Rewards: The primary benefits and rewards are geared towards Southwest Airlines, which may not be as beneficial if your business uses multiple airlines. 4. Who Should Consider These Cards? Frequent Southwest Flyers: If you or your employees frequently fly with Southwest Airlines, these cards can offer significant value through rewards and travel benefits. Small to Medium-Sized Businesses: Businesses that can leverage the sign-up bonuses, anniversary points, and travel perks will find these cards particularly beneficial. International Travelers: The lack of foreign transaction fees makes these cards a good choice for businesses with international travel needs. Businesses with Advertising Expenses: The Performance Business card’s 2x points on social media and search engine advertising can be valuable for businesses with substantial digital advertising budgets. 5. How to Maximize Your Rewards

3. Meet the Minimum Spend Requirement: Ensure you can meet the initial spending requirement to earn the sign-up bonus. Use the Card for Southwest Purchases: Maximize your points earnings by using the card for all Southwest Airlines purchases. Leverage Additional Rewards Categories: For the Performance Business card, take advantage of the 2x points on advertising and internet, cable, and phone services. Redeem Points Wisely: Plan your redemptions to get the most value out of your points, such as booking flights during sales or peak travel times. Conclusion Southwest business credit cards offer robust rewards and travel benefits that can be highly advantageous for frequent flyers and businesses with travel needs. By understanding the key features, weighing the pros and cons, and identifying how to maximize your rewards, you can make an informed decision on whether one of these cards is the right fit for your business in 2024. Contact us 5starprocessing for more information.