Chase Southwest Performance Business
$299/year, earning Southwest Rapid Rewards Points, on the Visa network.
Card terms last verified against issuer pages on 2026-09-20.
The Chase Southwest Performance Business is a $299/year card from Chase earning Southwest Rapid Rewards Points. It earns 4x on southwest airlines, 2x on gas, 2x on dining and 1x on everything else. It carries 5 recurring statement credits worth $340 a year, listed in full below with the cap and reset date for each.
What it earns
Rates are the multipliers Chase advertises. We do not convert them into a percentage return, because that requires putting a price on Southwest Rapid Rewards Points and that price is a judgement, not a fact — see how we source this.
| Category | Rate | Notes |
|---|---|---|
| Southwest Airlines | 4x | |
| Gas | 2x | |
| Dining | 2x | |
| Transit | 2x | |
| Hotels | 2x | |
| Other | 1x | Everything else |
Statement credits
$340 a year across 5 credits against a $299 annual fee. The columns that matter are the cap and the reset date: a credit paid monthly cannot be saved up, and one that resets on the calendar year expires on 31 December no matter when you opened the card.
Other perks
Benefits that are not dollar statement credits — certificates, lounge visits, point bonuses. Where a value appears it is an estimate, not an amount the issuer credits you, and it is excluded from the credits total above.
| Perk | How often | Estimated value |
|---|---|---|
| 10,000 Companion Pass Qualifying Points BoostAs a Southwest Rapid Rewards Cardmember, you will earn one boost of 10,000 Companion Pass qualifying points each calendar year. The boost will be deposited into your eligible Rapid Rewards account by January 31st each calendar year or up to 30 days after account opening. | Once a year | ~$130 |
| 9,000 Anniversary Points9,000 bonus points each account anniversary year. Account anniversary year means the year beginning with your account open date through the anniversary of your account open date, and each 12 months after that. | Once a year | ~$117 |
| Inflight Purchase Discount25% back on Southwest Airlines inflight purchases made with your card for drinks and WiFi in the form of a credit card account statement credit. | Once a year | — |
| Tier Qualifying PointsEarn 2,500 tier qualifying points (TQPs) toward A-List status for every $5,000 spent in purchases annually. TQPs can be used to count toward qualification for Rapid Rewards A-List or A-List Preferred status. | Once a year | — |
Status and included memberships
- Free First Checked Bag — The primary Rapid Rewards Credit Cardmember and up to eight passengers traveling on the same reservation are each eligible to receive their first standard checked bag free. The primary Cardmember must include their Rapid Rewards number in their reservation.
- Preferred Seating & Priority Boarding — Complimentary preferred seat selection at booking for the primary cardmember and up to 8 additional passengers on the same reservation. Unlimited Extra Legroom seat upgrades within 48 hours of departure. Group 5 boarding for cardmember and up to 8 passengers.
Protections and insurance
Coverage terms below are summaries. Insurance benefits are governed by a separate guide to benefits document from the issuer, and the exclusions in that document are what actually decide a claim.
- Auto Rental Coverage — Covers damage due to collision or theft for most rental vehicles when you use your card to pay for the full rental and decline the rental company's collision damage waiver.
- Purchase Protection — Covers your eligible new purchases for 120 days from the date of purchase against damage or theft up to $500 per item.
- Extended Warranty Protection — Extends the time period of the manufacturer U.S. warranty by an additional year, on eligible warranties of three years or less, up to four years from the date of purchase.
- Lost Luggage Reimbursement — Provides reimbursement up to $3,000 per covered traveler for the cost to repair or replace checked or carry-on baggage that is lost, damaged or stolen during a covered trip.
- Baggage Delay Insurance — Reimburses you up to $100 a day for up to 3 days for essential purchases like toiletries and clothing when baggage is delayed over 6 hours.
Questions people ask about the Chase Southwest Performance Business
What is the annual fee on the Chase Southwest Performance Business?
The Chase Southwest Performance Business has a $299 annual fee.
What statement credits does the Chase Southwest Performance Business include?
It carries 5 recurring statement credits worth $340 a year in total: $10 Monthly Instacart Credit ($10 monthly, resets on the cardmember year); $120 Complimentary DashPass ($120, resets on the cardmember year); $10 DoorDash Quarterly Credit ($10 quarterly, resets on the cardmember year); $120 Global Entry/TSA PreCheck Credit ($30, resets on the cardmember year); $30 Complimentary Instacart+ Membership ($30, resets on the cardmember year). Verified 2026-09-20.
What does the Chase Southwest Performance Business earn?
4x on southwest airlines, 2x on gas, 2x on dining, 2x on transit, and 1x on everything else, in Southwest Rapid Rewards Points.
Is the Chase Southwest Performance Business worth the annual fee?
Its recurring statement credits total $340 a year against a $299 fee, so the card pays for itself on credits alone if you use 88% of them. Whether that holds depends on whether the specific merchants suit you — the credit table on this page lists each one.
Does the Chase Southwest Performance Business charge foreign transaction fees?
No — the Chase Southwest Performance Business has no foreign transaction fee.
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