![]() They also have two different credit cards for consumers – Visa Plus and Visa Premier, both from Chase – and you can qualify for both cards, essentially earning 100,000 points if you time it right and spend enough to unlock the rewards. The card has an annual fee, but the Southwest rewards points more than make up for it. While they usually offer 25,000 points for opening a card, occasionally they have deals where they offer you 50,000 Southwest points if you spend $2,000 in the first 3 months of having the card. That’s when he mentioned the Southwest Credit Card deals. You just sign up, put a certain amount on the card within the first few months and unlock sweet rewards. While it’s cool to get extra points or cash back by using a merchant’s card at their own store, he told me how lots of cards had great incentives right out of the gate, to get you using their card for all of your purchases. I was talking about this with a friend who mentioned that he had opened lots of different rewards cards for the companies he shopped with the most. The more lines of credit you have open, and the higher the amounts that they’re for, the lower your utilization will be, which boosts your credit score. One of the things that boosts your score is having a low “credit utilization” which basically measures how close you come to maxing out your available lines of credit each month. Switching gears for a minute, I’ve always tried to be good about keeping a high credit score. ![]() Reading The Fine Print in Credit Card Deals While it sounded cool, I figured it was out of reach for a budget traveller like me. I had only earned about 25,000 points over multiple years of having a Southwest Rapid Rewards account. I only usually flew 2 or 3 trips in a year, and maybe one more set of flights around the holidays. I figured there was no chance I’d ever be flying that much. In order to qualify for the companion pass, you need to earn 110,000 Southwest points in a single calendar year, or else fly 100 one-way flights. I should point out that “free” means that Southwest doesn’t charge you for the flight, but you still have to pay a few small security fees, so tickets come out in the $5-$10 range. You can even use it on flights that you book for yourself using points, essentially getting both you and your friend a free trip. It’s the ultimate deal – bring a friend with you on any Southwest flight you take, for free! It lasts for the rest of the calendar year in which you earn it, plus all of the following calendar year. I don’t travel for work, I have never earned any “preferred” statuses before, and I generally try to book with affordable airlines like Southwest or Jet Blue.Īs someone who tries to keep an eye out for deals, I had heard of Southwest’s Companion Pass before. I should start out by saying that I’m not a huge flyer.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |