Question 1

Is the Southwest Rapid Rewards Premier Business Credit Card worth the annual fee?

Accepted Answer

The Southwest Rapid Rewards Premier Business Credit Card is worth its $149 annual fee if you use most of its 14+ benefits. Calculate your ROI by adding the value of credits you redeem, lounge visits, and points earned, then compare to the annual fee. If total value exceeds the fee, keep the card. Tools like kardfolio can automate this calculation.

Question 2

When do Southwest Rapid Rewards Premier Business Credit Card benefits expire?

Accepted Answer

Southwest Rapid Rewards Premier Business Credit Card benefits expire on different schedules: monthly credits reset on the 1st, quarterly credits every 3 months, and annual credits on your cardmember anniversary or calendar year end. Check each benefit's terms for specific dates. Benefit tracking apps can send alerts before expiration.

Question 3

How do I track Southwest Rapid Rewards Premier Business Credit Card benefits?

Accepted Answer

Track Southwest Rapid Rewards Premier Business Credit Card benefits by: 1) listing all 14+ benefits and their values, 2) recording when you use each benefit, 3) setting calendar reminders before credits expire, 4) calculating total value vs annual fee. Apps like kardfolio automate this with expiration alerts and ROI tracking.

Question 4

What are the Southwest Rapid Rewards Premier Business Credit Card earning rates?

Accepted Answer

The Southwest Rapid Rewards Premier Business Credit Card earns: 3x on On Southwest Airlines purchases, including flights, inflight, and Southwest gift cards, 2x on At gas stations (up to $8K combined/year with restaurants, then 1x), 2x on At restaurants (up to $8K combined/year with gas stations, then 1x). Base rate is typically 1x on all other purchases. Points can be redeemed through the issuer's portal or transferred to airline/hotel partners for potentially higher value.

Question 5

Does the Southwest Rapid Rewards Premier Business Credit Card have foreign transaction fees?

Accepted Answer

No, the Southwest Rapid Rewards Premier Business Credit Card has no foreign transaction fees. This makes it suitable for international travel and purchases in foreign currencies without the typical 3% fee charged by many cards.

Southwest Rapid Rewards Premier Business Credit Card

Southwest Rapid Rewards Premier Business Credit Card

Earning Rates

Card Benefits

Dining

Travel

Groceries

Flights

Credits

Status

Card Details