Southwest Rapid Rewards® Plus Credit Card Review

Southwest Rapid Rewards® Plus Credit Card is a rewards credit card issued by Chase Bank. If you're wondering whether Southwest Rapid Rewards® Plus Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• Signup bonus. Offers a signup bonus of 40000 points after spending $1,000 within 3 months that can be redeemed for travel, gifts, or other perks.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 17.49% up to 24.49%.
• 5% Balance transfer fee. Southwest Rapid Rewards® Plus Credit Card charges a fee of up to 5% on balance transfers. For example, a balance of $1,000 could cost up to $50 in transfer fees. The minimum fee is $5.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, extended warranty protection on purchases, purchase protection, travel accident insurance, travel assistance, and fraud protection.
• Good or better credit required. You should probably try with another card if your credit score is below 700.

Southwest Rapid Rewards® Plus Credit Card Pros and Cons:

Is there a Southwest Rapid Rewards® Plus Credit Card cash back or rewards program?

Southwest Rapid Rewards® Plus Credit Card offers a rewards program to its customers.

What are the Southwest Rapid Rewards® Plus Credit Card benefits?

Southwest Rapid Rewards® Plus Credit Card provides the following benefits:

• Free Credit Score
• Auto Rental Collision Damage Waiver
• Extended Warranty Protection
• Zero fraud liability
• Travel Accident Insurance
• No blackout dates when redeeming miles
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Southwest Rapid Rewards® Plus Credit Card?

Southwest Rapid Rewards® Plus Credit Card has a variable purchase APR that ranges from 17.49% up to 24.49%. The card has a variable balance transfer APR that ranges from 17.49% up to 24.49%. It also has a variable cash advance APR starting at 26.49% .

What are the fees for Southwest Rapid Rewards® Plus Credit Card?

The following fees apply to Southwest Rapid Rewards® Plus Credit Card:

Does Southwest Rapid Rewards® Plus Credit Card report your account activity to credit bureaus?

Southwest Rapid Rewards® Plus Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Southwest Rapid Rewards® Plus Credit Card

• Visit the Southwest Rapid Rewards® Plus Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.