--- title: "Southwest Performance Business card: is the $299 annual fee worth paying?" description: "The top Chase and Southwest business card pays an 80,000-point welcome bonus, and the Premier Business card costs less to hold." url: https://travel.skoop.news/southwest-performance-business-card-review-is-the-299-annual-5f3e0a/ published: 2026-11-02T04:21:14.581424-05:00 modified: 2026-11-02T04:21:14.581449-05:00 section: "Travel" publisher: "skoop.news" language: en keywords: ["Southwest", "Premier Business", "Companion Pass", "Southwest Airlines", "Southwest Rapid Rewards Performance Business Credit Card", "Tier Qualifying Points", "Global Entry", "A-List", "Chase", "DashPass"] hashtags: ["#PremierBusiness", "#CompanionPass", "#SouthwestAirlines", "#Travel", "#travelnews"] image: https://thumb.wikimedia.org/wikipedia/commons/thumb/b/b3/Singapore_Changi_Airport_Terminal_4_%28165259%29.jpg/1280px-Singapore_Changi_Airport_Terminal_4_%28165259%29.jpg?utm_source=commons.wikimedia.org&utm_campaign=imageinfo&utm_content=thumbnail --- # Southwest Performance Business card: is the $299 annual fee worth paying? > The top Chase and Southwest business card pays an 80,000-point welcome bonus, and the Premier Business card costs less to hold. Published 2026-11-02 · Updated 2026-11-02 · Travel, [skoop.news](https://skoop.news/) ## In brief - The Southwest Rapid Rewards Performance Business Credit Card has a $299 annual fee, and it is aimed at business owners who fly Southwest. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) - The welcome offer is 80,000 bonus points after you spend $5,000 on purchases in the first three months from account opening. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) - Southwest Airlines purchases earn 4x points per dollar. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) ## The fee and what it buys The Southwest Rapid Rewards Performance Business Credit Card has a $299 annual fee, and it is aimed at business owners who fly Southwest. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) It is the most premium card in the Chase and Southwest co-brand card portfolio. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) This piece covers the card's welcome offer, earning rates and travel perks, then compares it with the Premier Business card to help you decide which one fits. ## Welcome offer and yearly bonus The welcome offer is 80,000 bonus points after you spend $5,000 on purchases in the first three months from account opening. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) The author values Southwest points at 1.2 cents each, which makes that bonus worth $960. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) The card also pays an anniversary bonus of 9,000 points every year. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) ## How the card earns points Southwest Airlines purchases earn 4x points per dollar. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) Gas stations and restaurants earn 2x points per dollar. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) Hotel accommodations booked directly with hotels earn 2x points per dollar, as do local transit and commuting, including rideshare. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) Every other purchase earns 1x point per dollar. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) ## Perks for travelers The card includes a free checked bag for Southwest flights. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) It also provides up to a $120 statement credit for Global Entry, TSA PreCheck, or NEXUS every four years. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) There are no foreign transaction fees, and adding authorized users costs nothing. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) Spending on the card also builds toward A-List status. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) Cardholders can earn 2,500 Tier Qualifying Points for every $5,000 spent, while A-List status ordinarily requires earning 35,000 TQPs in a calendar year. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) ## The Premier Business card compared The Premier Business card has a $149 annual fee. [[2]](https://www.cnbc.com/select/southwest-rapid-rewards-premier-business-credit-card-review/) Its welcome offer is 60,000 points after spending $3,000 on purchases in the first 3 months from account opening, and it gives 6,000 bonus points after each cardmember anniversary. [[2]](https://www.cnbc.com/select/southwest-rapid-rewards-premier-business-credit-card-review/) It earns 3X points on Southwest Airlines purchases. [[2]](https://www.cnbc.com/select/southwest-rapid-rewards-premier-business-credit-card-review/) Gas stations and restaurants earn 2 points per dollar on the first $8,000 in combined purchases per year. [[2]](https://www.cnbc.com/select/southwest-rapid-rewards-premier-business-credit-card-review/) On A-List progress, it earns 2,000 tier qualifying points for every $5,000 spent. [[2]](https://www.cnbc.com/select/southwest-rapid-rewards-premier-business-credit-card-review/) It provides 25% back on Southwest in-flight purchases. [[2]](https://www.cnbc.com/select/southwest-rapid-rewards-premier-business-credit-card-review/) The Premier Business card has a balance transfer fee of either $5 or 5% of each transfer, whichever is greater. [[2]](https://www.cnbc.com/select/southwest-rapid-rewards-premier-business-credit-card-review/) It includes free DashPass membership as a DoorDash benefit and has no foreign transaction fees. [[2]](https://www.cnbc.com/select/southwest-rapid-rewards-premier-business-credit-card-review/) ## What to check before you apply If you want the welcome bonus, check your history first. Eligibility requires that you have not received a new cardmember bonus on this card in the past 24 months. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) Cardmembers can earn only one welcome bonus every two years with a Southwest business credit card. [[2]](https://www.cnbc.com/select/southwest-rapid-rewards-premier-business-credit-card-review/) Chase's 5/24 rule generally prevents approval for a Chase card if you have opened five or more cards in the last 24 months. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) If you are chasing a Companion Pass, note that the welcome bonus will not count toward Companion Pass qualification starting in 2027. [[1]](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) ## Sources 1. [Southwest Performance Business Card Review: Is The $299 Annual Fee Worth It?](https://onemileatatime.com/reviews/credit-cards/chase/southwest-performance-business-card/) — One Mile at a Time 2. [Southwest Rapid Rewards Premier Business Credit Card review: Earn 60,000 bonus points for a low annual fee](https://www.cnbc.com/select/southwest-rapid-rewards-premier-business-credit-card-review/) — CNBC Image: Photo (illustrative): Moheen Reeyad / Wikimedia Commons, CC BY-SA 4.0 (https://commons.wikimedia.org/wiki/File:Singapore_Changi_Airport_Terminal_4_(165259).jpg) --- Written from the sources above and checked twice (rules and an independent model) before publishing. How we work: https://skoop.news/how-we-work/ · Corrections: https://skoop.news/corrections/