The Southwest Airline Credit Card
Southwest air carrier credit-cards are a good example of co-branded credit-cards. Southwest air carriers and Chase have teamed up to bring the southwest air carrier credit-cards to you. At the time of writing this article, there are 2 popular southwest air carrier cards which are also collectively called as southwest air carriers rapid rewards Visa cards.
One of these southwest air carrier credit-cards is for personal use (this is called Southwest Airlines Rapid Rewards Visa Signature Card) and the other southwest air carrier credit card is for business use.
Both these southwest air carrier credit-cards are aimed at getting you a roundtrip award quicker.
There are a number of ways in which you can earn reward points using Southwest air carrier credit-cards. Southwest air carrier credit-cards have 2 kinds of reward points e.g. there are 2 denominations in which you can earn reward points - rapid reward credits and rapid reward dollars. The rapid reward credits are a much higher reward denomination as equated to the reward dollars (e.g. at the time of writing this article, 1200 reward dollars is equal to 1 rapid reward credit).
So how do you earn and redeem the reward points on your southwest air carrier credit card?
You get bonus reward credits after your 1st purchase on your southwest air carrier credit card. These purchases needn't be on southwest air carriers products/services, these can be just any purchases made using the southwest air carrier credit card. You earn reward dollars for any expenditures you make using your southwest air carrier credit card.
There are additional reward dollars, if you use your southwest air carrier credit card on southwest air carriers (e.g. if you use your southwest air carrier credit card to spend on southwest air carriers products/services). By additional we mean, the reward dollars are more as equated to those earned on other, non-southwest airline, purchases. As you keep collecting reward dollars, you keep moving closer to getting a round trip award. Generally, the roundtrip awards are based on rapid reward credits.
So, you can convert the reward dollars, earned on your southwest air carrier credit card, into rapid reward credits; and convert rapid reward credits into your roundtrip award. Another way of earning rapid rewards credit on southwest air carrier credit-cards is through balance transfers.
Southwest air carrier credit-cards are surely a good choice for people who travel frequently by air using southwest air carriers.
Since the ne2rk of southwest air carriers is pretty widespread, you will find that you're able to get southwest air carriers flight to most places you want to travel to and hence get an opportunity to use your south west air carrier credit card to earn reward points (or reward dollars, as they call them).
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