Southwest Efficiency Enterprise bank card evaluation

*Card Ranking is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

The Southwest Efficiency Enterprise Card is a step up from the Southwest Speedy Rewards Premier Enterprise Credit score Card, providing a powerful sign-up bonus, a greater rewards construction and a pleasant array of perks that make the upper $199 annual price effectively price paying for loyal Southwest flyers.

Strategic spending on this card might help you qualify for the coveted Southwest Companion Cross in a matter of months.

The really useful credit score rating for this product is 670 or above.

Let’s dive into the professionals and cons of this enterprise card.

Southwest Efficiency Enterprise Card welcome provide

TPG values Southwest factors at 1.5 cents every, which means this bonus is price $1,200. Nonetheless, there’s the potential to increase this worth even additional.

Factors earned from Southwest bank cards — together with sign-up bonuses — rely as qualifying factors towards the coveted Southwest Companion Cross. Consequently, in the event you join the cardboard now and spend $5,000 inside the first three months, you may have not less than 85,000 factors. When you additionally get one of many Southwest private playing cards and get the bonus on it inside the identical calendar yr, you may have greater than the 135,000 factors wanted to qualify for the Companion Cross.

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All three private Southwest playing cards (the Southwest Speedy Rewards Precedence Credit score Card, the Southwest Speedy Rewards Premier Credit score Card and the Southwest Speedy Rewards Plus Credit score Card) at present have an identical gives: Earn 50,000 bonus factors after spending $1,000 on purchases within the first three months from account opening.

Simply keep in mind to verify your eligibility earlier than making use of for this card. Each private and enterprise Southwest playing cards are topic to the Chase 5/24 rule, and there are restrictions round how typically you’ll be able to earn a Southwest welcome bonus.

Associated: rapidly earn the Southwest Companion Cross

Southwest Efficiency Enterprise Card advantages

4 Upgraded Boardings: Every anniversary yr, you may be reimbursed for as much as 4 A1-A15 boarding passes, which let you be among the many first to board. As a result of Southwest does not assign seats, Upgraded Boarding enables you to guarantee you’ll be able to seize the seat you need (and have room within the overhead bins). Upgraded Boarding passes are topic to availability.

9,000 anniversary bonus factors: Annually after your account anniversary, you may routinely obtain 9,000 bonus factors. Meaning you are primarily getting $135 price of factors annually after the primary yr only for being an lively cardholder.

Inflight Wi-Fi credit: Southwest will reimburse you for as much as 365 $8 inflight Wi-Fi purchases as a press release credit score. In different phrases, you may buy an all-day inflight Wi-Fi go each single day of the yr, and Southwest would cowl it.

Standing Enhance: You may earn 1,500 TQPs per $10,000 you spend on purchases in a calendar yr, that can assist you attain elite standing sooner.

International Entry or TSA PreCheck: Obtain a press release credit score (as much as $100) on your International Entry or TSA PreCheck software price as soon as each 4 years.

Free worker playing cards: You pay no price for extra worker playing cards and can earn factors on worker spending. You possibly can set spending limits on worker playing cards by calling cardmember providers.

$500 price credit score for factors transfers per yr: Switch factors to a different Speedy Rewards member, and as much as $500 in charges related to the switch can be reimbursed every account anniversary yr.

Whereas not particular to this card, do not forget that Southwest gives the next perks to all vacationers:

• Free checked baggage: Your first and second checked baggage at all times fly free
• No change charges: Southwest will not cost you a price for switching your flight itinerary — you may simply be charged the fare distinction when relevant. This even applies to award tickets, and altering your flights could be very easy
• Free cancellations: In case your plans change, you do not have to fret about paying a cancellation price. Enterprise Choose and Anytime fares are totally refundable. Nonetheless, in the event you cancel a Wanna Get Away or Wanna Get Away Plus fare, you may get your refund as a flight credit score towards future Southwest itineraries

Associated: Is the Southwest Efficiency Enterprise Card well worth the annual price?

Incomes factors on the Southwest Efficiency Enterprise Card

• 4 factors per greenback on Southwest Airways purchases
• 3 factors per greenback on Speedy Rewards lodge and automotive rental companions
• 2 factors per greenback for native transit and commuting, together with ride-hailing providers
• 2 factors per greenback for social media and search engine promoting
• 2 factors per greenback for web, cable and telephone providers
• 1 level per greenback for all different eligible purchases

That is a 6% return on Southwest purchases and a 3% return on eligible enterprise purchases.

Nonetheless, for normal journey past Southwest Airways purchases, you may be higher off utilizing the Chase Sapphire Reserve or Ink Enterprise Most well-liked. Each playing cards earn 3 Chase Final Rewards factors per greenback on journey purchases, which you’ll be able to switch to Southwest Speedy Rewards factors for a fair larger redemption price.

Associated: 10 simple methods to earn extra Speedy Rewards factors

Redeeming factors on the Southwest Efficiency Enterprise Card

Southwest has a easy redemption system: The extra a flight prices in money, the extra it prices in factors. When you’re much less prone to discover loopy offers, you are additionally getting assured worth out of your factors.

Redeeming factors for Southwest award flights can also be a easy course of. Simply log in to your account, put in your search parameters on Southwest’s web site, select your required obtainable flight and comply with the on-screen steps to take a look at. You’ll have to pay further taxes and costs on worldwide routes, however Southwest is clear about these all through the search course of.

The airline additionally has a improbable customer-friendly refund coverage: You possibly can change or cancel any award ticket anytime and get the factors refunded for no charges, even when redeeming for the most cost effective Wanna Get Away tickets.

Southwest has a journey portal for worldwide flights on different carriers, however you are usually not going to get as nice a return if you redeem factors that means. Moreover, you’ll be able to redeem factors on inns, automotive leases or merchandise. To get essentially the most worth out of your factors, nevertheless, we advocate skipping these choices and utilizing them for Southwest award flights.

Associated: redeem Southwest Speedy Rewards factors

Which playing cards compete with the Southwest Efficiency Enterprise Card?

For extra particulars, please see our full checklist of greatest enterprise bank cards and greatest airline bank cards.

Learn extra: get a enterprise bank card

Backside line

Apply right here: Southwest Efficiency Enterprise Credit score Card

Further reporting by Ryan Wilcox and Madison Blancaflor.