Southwest Rapid Rewards Plus
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 80,000-point welcome bonus after spending $1,000 in the first 3 months. Limited-time offer, raised from 50,000 after $1,000. Southwest's cardmember benefits page says the offer ends 12/2/26. Beyond the welcome bonus, here's what the card actually delivers.
Rewards
- 2x (≈2.6% effective at 1.3¢/pt) on gas
- 2x (≈2.6% effective at 1.3¢/pt) on flights
- 2x (≈2.6% effective at 1.3¢/pt) on groceries
- 1x (≈1.3% effective at 1.3¢/pt) on everything
Statement credits ($390 total/yr)
| Credit | Value | What it covers |
|---|---|---|
| Instacart monthly statement credit | $120/yr ($10/mo) | Up to $120 in Instacart credits annually $0 delivery fees with 3 months of complimentary Instacart+ and a $10 monthly Instacart credit. |
| 3,000-point Anniversary Bonus | $30/yr | 3,000 bonus points each Cardmember anniversary; $30 at the 1-cent Southwest value used for the Performance Business row. |
| DashPass membership | $120/yr | Complimentary DashPass membership for 12 months (DoorDash + Caviar) when first activated with the card between 02/01/2025 and 12/31/2027. Then renews at the monthly DashPass rate unless you cancel. |
| DoorDash non-restaurant promo | $120/yr ($10/mo) | $10 off one qualifying non-restaurant DoorDash order each calendar month ($120/yr) when you first activate DashPass with the card between 09/01/2026 and 12/31/2027. If you activated DashPass between 02/01/2025 and 08/31/2026, it is $10 each calendar quarter ($40/yr) instead. Requires an active DashPass membership. Unused value does not roll over. Not valid on gift cards. |
What the $99/yr fee is buying
Welcome bonus value (year one): ~$1040. Annual statement credits: $390. Minus the $99 annual fee = ~$1331 in year-one net value before any spending earn. RewardsGuru rating: 3.9/5 — based on our net-value methodology.
Who it's for, who should skip
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.
Frequently asked questions
What's the Southwest Rapid Rewards Plus welcome bonus?
80,000 points after spending $1,000 in the first 3 months. At our ~1.3¢/pt valuation, that's roughly $1040 in real value.
Is the Southwest Rapid Rewards Plus worth the $99 annual fee?
Year-one math: welcome bonus value (~$1040) + annual credits ($390) − $99 fee = ~$1331 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.
What statement credits does the Southwest Rapid Rewards Plus include?
4 recurring statement credits: Instacart monthly statement credit ($120/yr, $10/mo), 3,000-point Anniversary Bonus ($30/yr), DashPass membership ($120/yr), DoorDash non-restaurant promo ($120/yr, $10/mo). Total: $390/yr.
Does the Southwest Rapid Rewards Plus have foreign transaction fees?
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.