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Chase · creditBusiness
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Is the Southwest Performance Biz worth keeping when the fee hits?
Welcome offer — 80,000 points after $5,000 spend in first 3 months (offer cycles) Verified by source
Portal caveat — Chase Travel averages ~5.94% above booking direct; portal redemptions are worth less than the headline rate.
Apply on Chase's siteOfficial issuer page (not an affiliate link yet) · how we earn
Typically needs excellent credit (740+) — guideline, not a guarantee · Set your credit profile
Personalize this for you add your cards & memberships and we'll show what it's really worth to you.
What this card delivers across six value dimensions (0–100, normalized).
| 4× | Southwest Airlines purchases Verified by source |
|---|---|
| 2× | Hotels booked directly with the hotel Verified by source |
| 2× | Restaurants Verified by source |
| 2× | Gas stations Verified by source |
| 2× | Local transit & rideshare Verified by source |
| 1× | All other purchases Verified by source |
| 9,000 anniversary bonus points | $117/yr · annual Verified by sourceWhat is 9,000 anniversary bonus points?A points bonus paid each year you keep the card, on your account anniversary. |
|---|---|
| Global Entry / TSA PreCheck / NEXUS credit | $30/yr · annual Verified by sourceWhat is Global Entry / TSA PreCheck / NEXUS credit?Global Entry speeds up US customs and immigration when you arrive from abroad, and includes TSA PreCheck. TSA PreCheck alone is the expedited domestic security lane. This reimburses the government application fee, which you only pay every few years. On this card: Up to $120 statement credit once every 4 years Verified by source |
| In-flight Wi-Fi credits | $0/yr · one-time Verified by sourceWhat is In-flight Wi-Fi credits?A credit toward buying Wi-Fi on board a flight. On this card: $8 statement credit per day of Southwest in-flight Wi-Fi; usage-based Verified by source |
| Free first checked bag | $0/yr · one-time Verified by sourceWhat is Free first checked bag?On this card: Cardmember plus up to 8 companions on the same reservation Verified by source |
| 10,000 Companion Pass qualifying points/yr | $0/yr · annual Verified by sourceWhat is 10,000 Companion Pass qualifying points/yr?Points that count toward a companion benefit, which lets a chosen person fly with you for little more than taxes and fees. On this card: Boost toward the Southwest Companion Pass each year (does not count toward redeemable balance) Verified by source |
Which of these will you actually use?
Pre-checked = a typical cardholder captures it. Uncheck the ones you won't.
No lounge access.
| Baggage | Baggage delay + lost luggage reimbursement (up to $3,000/passenger) Inferred by source |
|---|---|
| Travel accident | Travel accident insurance Inferred by source |
| Rental car CDW | Auto rental collision damage waiver (secondary) Inferred by source |
Using Southwest Performance Biz at an ATM is a cash advance, not a normal purchase — it costs a fee, starts charging interest the same day (no grace period), and earns no rewards.
| Cash advance fee | Either $10 or 5% of each transaction, whichever is greater Inferred by source |
|---|---|
| Cash advance APR | 29.99% variable Inferred by source |
| Foreign ATM | Cash advance with no foreign transaction fee — but the ATM operator may add its own surcharge. |
ATM operator surcharges are set by the machine, not the card. To avoid all of this, use a debit card or cash for ATM withdrawals.
*Realized/net assume full use of non-spend-gated credits — an upper bound. Personalize it
The Southwest® Rapid Rewards® Performance Business Credit Card has a $299 annual fee.
Using its non-spend-gated credits fully, the Southwest® Rapid Rewards® Performance Business Credit Card returns about $147 in value against its $299 annual fee — a net of −$152 per year. It only makes sense if you value its perks beyond the listed credits.
The Southwest® Rapid Rewards® Performance Business Credit Card earns 4x on southwest airlines purchases, 2x on hotels booked directly with the hotel, 2x on restaurants.
No — the Southwest® Rapid Rewards® Performance Business Credit Card does not include airport lounge access.
No — the Southwest® Rapid Rewards® Performance Business Credit Card has no foreign transaction fee, so it's a good card to use abroad.
80,000 points after $5,000 spend in first 3 months (offer cycles). Welcome offers change frequently — confirm the current one on the issuer's page before applying.