Southwest Rapid Rewards Plus by Chase: 2x flights / airfare, 2x gas stations, 2x groceries / supermarkets, 1x everything else. $99 annual fee.…
The Southwest Rapid Rewards Plus is Chase's mid-tier credit card. The $99/yr annual fee includes a 50,000-point welcome bonus after spending $1,000 in the first 3 months. Beyond the welcome bonus, here's what the card actually delivers.
| Credit | Value | What it covers |
|---|---|---|
| Instacart monthly statement credit | $120/mo | Up to $120 in Instacart credits annually $0 delivery fees with 3 months of complimentary Instacart+ and a $10 monthly Instacart credit. |
| DoorDash quarterly discount | $40/qtr | $10 off one qualifying non-restaurant DoorDash order per calendar quarter ($40/yr). Requires active DashPass membership. Through 12/31/27 |
Welcome bonus value (year one): ~$650. Annual statement credits: $160. Minus the $99 annual fee = ~$711 in year-one net value before any spending earn. RewardsGuru rating: 3.9/5 — based on our net-value methodology.
Best fit: someone whose category spending matches the card's earn multipliers. Skip if: your spending pattern is flat across categories — a 2% flat-rate card would beat this.
50,000 points after spending $1,000 in the first 3 months. At our ~1.3¢/pt valuation, that's roughly $650 in real value.
Year-one math: welcome bonus value (~$650) + annual credits ($160) − $99 fee = ~$711 net before spending earn. Year-two onward, the credits alone need to clear $99 — they do. Worth it if you'll use the credits, skip if you'd let them expire.
2 recurring statement credits: Instacart monthly statement credit ($120/mo), DoorDash quarterly discount ($40). Total: $160/yr.
Check the card's terms — most premium travel cards waive foreign transaction fees, while no-fee and entry-tier cards usually charge 2-3%. Chase's product page has the current rate.