Southwest Rapid Rewards® Priority Credit Card

Southwest Rapid Rewards® Priority Credit Card Review

This is a rewards card issued by Chase Bank. If you're wondering whether Southwest Rapid Rewards® Priority Credit Card is the right card for you, read on.

Key Takeaways

• Generous reward rate. You can get a rewards rate of up to 5 reward points per dollar spent.
• Signup bonus. Offers a signup bonus of 50000 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 20.24% up to 27.24%.
• 5% Balance transfer fee. Southwest Rapid Rewards® Priority Credit Card charges a fee of 5% on balance transfers. For example, a balance of $1,000 could cost $50 in transfer fees. The minimum fee is $5.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, identity theft protection, purchase protection, travel accident insurance, travel assistance, and fraud protection.
• Good or better credit required. You will have low approval odds if your credit score is below 700.

Pros & Cons of Southwest Rapid Rewards® Priority Credit Card

Southwest Rapid Rewards® Priority Credit Card FAQ

Does Southwest Rapid Rewards® Priority Credit Card have a cash back or rewards program?

Southwest Rapid Rewards® Priority Credit Card is a travel rewards card.

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

It provides the following benefits:

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

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

Southwest Rapid Rewards® Priority Credit Card has a variable purchase APR that ranges from 20.24% up to 27.24%. The card has a variable balance transfer APR that ranges from 20.24% up to 27.24%. It also has a variable cash advance APR starting at 29.24% . Note that late payments are subject to an APR of 29.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

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

The following fees apply:

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

Yes, Southwest Rapid Rewards® Priority 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 may help improve your credit.

How to apply for Southwest Rapid Rewards® Priority Credit Card

• Visit the Southwest Rapid Rewards® Priority 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 your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.