I was on a Southwest flight this past weekend and I noticed they had updated all their brochures that sit in the seat back pocket. These new pamphlets were for Fall 2016. I usually take a quick flip through the Southwest magazine to see if there are any deals. I also took a look through the beverage menu, which shows the dates that you can get free cocktails. I can’t remember what those dates are in the Fall, but I don’t think my wife and I were traveling during any of them.
Anyway, I kept flipping through the beverage menu and noticed an advertisement for the Chase Southwest Rapid Rewards Premier Credit Card.
Earn 40,000 points after you spend $1,000 on purchases in the first three months your account is open.
Typically the signup bonus is 50,000 points. If you combine this signup bonus with the other Chase Southwest Rapid Rewards PLUS Credit Card, you can earn enough points to get the Southwest Companion Pass, which has saved us over $1,000.
If the signup bonus does decrease do 40,000 miles, this would make it much more difficult to earn the Companion Pass. Right now, the public offer and referral links are still showing the 50,000 point signup bonus. However, last year I believe the “in-flight” offer stayed at 50,000 while the public offer dropped to 25,000.
Of course this is all speculation, but if you are interested in getting the companion pass I suggest jumping on it in October-November. Then you can time your spending so that the points post in 2017, which would mean you would have the Companion Pass for 2017-2018. Also keep in mind that the Southwest cards are now under the 5/24 rule, which makes getting approved for them more difficult.