The post I created to enable people to share referrals for the Southwest Rapid Rewards Plus credit card from Chase has been incredibly popular for months. A couple weeks ago though the phone referral option I highlighted in that post went dead.
Well today the news turned positive again!
A 50,000 Rapid Rewards points offer is available online again for the Southwest Rapid Rewards Plus card from Chase. There’s no need to worry about calling in via phone as long as this link is live.
A 50,000 point offer is also available for the Southwest Rapid Rewards Premier card from Chase as well.
Want to know how much the 50,000 Rapid Rewards points are worth? Or how to use them toward a Southwest Companion Pass, one of the best airline perks around.? Read on….
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Parlay The Signup Bonuses into a Southwest Companion Pass
One of the best travel perks around is the Southwest Companion Pass, which allows a companion to fly free with the holder of the pass, any time the holder flies! Well the best time of the year to get the Companion Pass is early in a calendar year as it is valid for the remainder of the year you earn it and the entire next calendar year.
The fastest way to get the Companion Pass is to get two 50k point signup bonuses in short order, requiring the accumulation of only a few more thousand points to reach the 110k point threshold.
Check out my previous posts to learn more:
- Reader Request: Help Me Understand Southwest Companion Pass Before My Head Explodes
- Southwest Companion Pass – One of the Best Airline Perks Around
- Reader Request: Help us Get Southwest Companion Pass
50,000 Rapid Rewards Points Are Worth About $700
Even if you don’t go after the Southwest Companion Pass, the 50k Rapid Rewards bonus is lucrative on its own. I value Rapid Rewards at 1.4 cents each (that’s the average value I get when redeeming them for Southwest flights) so the 50,000 points equates to $700 of value.
Note that Southwest’s redemption program is dynamic so there are situations where you’ll receive more or less value per point.
With Southwest now flying to destinations like Cancun, Jamaica, Puerto Rico, the Bahamas, Costa Rica and more you’re no longer stuck redeeming points for a continental US trip. That has really elevated Southwest’s status in my mind.
Patty and I have used Rapid Rewards points and our Companion Pass to fly outside the US to Jamaica and Cancun, Mexico on Southwest. We also used Rapid Rewards points and our Companion Pass to fly to Florida many times, and Missouri.
Note: If you have the Plus card already and are interested in the Premier card, you can get a 50,000 Rapid Rewards points offer for that card here.