Southwest Performance Business

ChaseBusiness

Chase

Southwest Performance Business

Offer Strength

Great offer
61
0Avg100

$130 above typical value

Show breakdown

Estimated bonus value: ~$1,040

Base score: 46

Airline boost: +15

Ongoing airline value (conservative, ~2 trips/yr): ~$102

1 free checked bag

Current $1,040 vs typical $910

Net value after annual fee: ~$843

Estimate based on our value hints; not financial advice.

Annual Fee

$299/yr

Credit Score

Moderate approval

Good credit recommended (670+)

Your Eligibility

Set up your profile to check if you qualify for this card.

Check eligibility
Apply Now

Welcome Offer

Earn 80,000 points after you spend $5,000 on purchases in the first 3 months from account opening.

Last verified Feb 22, 2026

Earning Rates

Southwest Airlines purchases

4x points

Flights, inflight, and Southwest gift cards

Hotel accommodations booked direct

2x points

Gas stations + restaurants

2x points

Local transit + commuting

2x points

Including rideshare

All other purchases

1x point

Key benefits

Welcome bonus

Earn 80,000 points after $5,000 spend in 3 months.

Preferred + Extra Legroom seats

Complimentary Preferred seat at booking and Extra Legroom upgrade within 48 hours, when available.

Free first checked bag

For you and up to 8 additional passengers on the same reservation.

9,000 anniversary points

Each year on your cardmember anniversary.

Perks

Boarding benefit

Group 5 boarding for you and up to 8 passengers on the same reservation.

25% back on inflight purchases

Statement credit when you use your card inflight.

Companion Pass boost

10,000 Companion Pass qualifying points each year.

Global Entry/TSA PreCheck/NEXUS credit

Up to $120 fee credit.

Ongoing Value

Annual benefits that offset the fee year after year.

Free Checked Bags

1 free checked bag per flight

Priority Boarding

Priority boarding on eligible flights

Annual Fee Breakeven

Benefits value$299 fee
$70Fee not fully offset
Free checked bags$70
Net after fee-$229

Good fit for

AirlineTravelBusinessSouthwest Airlines purchasesHotel accommodations booked directGas stations + restaurants

About this card

The Chase Southwest Performance Business is a business airline rewards card with a $299 annual fee. New cardholders can earn 80,000 points after spending $5,000 in 90 days.

Best for

frequent travelers, frequent flyers, small business owners

Key considerations

The $299 annual fee is premium — evaluate ongoing benefits carefully. Subject to Chase 5/24 rule — plan application timing.

Card analysis

Offer analysis

The current offer on the Southwest Performance Business awards 80,000 points after spending $5,000 within 90 days of account opening.

Annual fee value

The $299 annual fee is partially offset by ongoing benefits including free checked bags (~$70/yr), with an estimated total value of ~$70 per year.

In the first year, the sign-up bonus alone delivers approximately $811 in net value after the annual fee and benefit credits.

Application strategy

This card is subject to Chase’s 5/24 rule. If you have opened five or more personal credit cards from any issuer in the past 24 months, your application will likely be denied regardless of your credit score. Consider whether using a 5/24 slot on this card is the best use of your limited Chase applications.

This card belongs to the southwest product family. Chase may restrict you from holding multiple cards in the same family or earning bonuses on related products. Review family-specific restrictions on our How It Works page before applying.

Analysis is auto-generated from card data and known issuer rules. Not financial advice.

Get notified about new offers

We’ll let you know when card offers change or new cards drop.

By subscribing, you agree to receive card offer alerts and occasional newsletters. Unsubscribe anytime.