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FYI: Southwest Bonus Is Back

January 10th, 2014 at 05:59 pm

Southwest Airlines is offering 50,000 bonus points for opening any one of their Rapids Rewards credit cards and spending $2,000 in 3 months. I believe all the cards have annual fees, that are not waived the first year. I was able to get free refunded in full last time. Not sure if I'm jumping on this one. If I don't redeem for airline miles, the only other option is gift cards. Those are a pain to track!

10 Responses to “FYI: Southwest Bonus Is Back”

  1. Single Guy Says:

    I've done this twice in the past, not sure if I can do it again. First time I got gift cards, but used the miles for a free flight this past time. Not sure why tracking the gift cards is a problem, I got plenty of Walmart cards and kept them in a small box in the bedroom - it was easy to use them as needed.

    Now I need to get the GF signed up for this offer.

  2. creditcardfree Says:

    @SG, I track the gift cards so I can match the money spent with funds to pay down our mortgage. I likely could just do a lump sum upon receipt this time. My understanding from the Million Mile Secrets blog is that you can do the bonus every two years. And that may be per card.

  3. MonkeyMama Says:

    I was going to ask if anyone double dipped these before? So I like that last comment. Big Grin
    I had heard these were harder to double dip, and the fee is a bit of a sticking point for a reward I am not even sure I will get! But, that said, they have always refunded the fee for me because I close the cards so early, and who knows why else. I don't know. Might be worth the gamble.

  4. Single Guy Says:

    Well my GF has more expenses than I do, so $2,000 over 3 months should be easy for her. And in the past I have been able to pay my internet bill ahead of time, so that helped when I needed to hit a spending threshold.

    For now I just got my latest card with a bonus in the mail, so that's where my spending will be for the next month or two.

    BTW, what I do now is leave the sticker on the credit card when it arrives, and write on it how much I need to spend. Much easier to track that way.

  5. creditcardfree Says:

    These offers get complicated when they are so good, but you can only do one (maybe two at a time) because of the spending requirements. Not sure if I'm jumping on this one yet. I'm going to wait until next week to decide. I'll know where we are on our current card by then.

  6. ceejay74 Says:

    Tempting, especially since we do the majority of our gift buying on Amazon.com, and bdays are coming up in March ... I'll have to see how fast we spend down these other cards now that I won't be using them all on dental expenses. If these are still around I might take advantage.

  7. scfr Says:

    Thanks - I showed your post to my husband and he's all over it. $2K in 3 months is high for this 2-person household, but he has a plan including some advance ticket purchases for business travel he'll be doing in the summer.

  8. beawealthywarrior Says:

    I just got approved for the premier card. Last year I took advantage of the plus card. I will be able to meet the spending requirements by charging by tuition and my auto insurance renewal is due in Apr. Hopefully the annual fee will be refunded once card is cancelled Smile Thanks for the heads up CCF!

  9. creditcardfree Says:

    Glad it is beneficial to several of you!
    @BAWW, did you get your annual fee refunded last time with the plus card?

  10. beawealthywarrior Says:

    @CCF, I meant to include this point in my original reply. I wasn't able to get the $69 annual fee reimbursed on the plus card last year because I didn't close the account until December. When I asked the question they stated "Annual fees billed more than 60 days before an account is closed are nonrefundable" So I'm going try my hardest to have everything charged and redeemed as early as possible but I figure even if I get stuck with it, $400 is still good!

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