Woody and Jim

Woody and Jim

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Southwest Offers Card With A Free Companion Pass

Southwest Airlines

Everyone wants to fly cheap. Or for free. That's why we wanted to alert you to this Southwest deal that's different from anything they've ever offered. Note: This is not an advertisement for Southwest or any credit card. But it got our interest. Not only does it mean a free companion pass, but it also gifts you 30,000 points upon sign up.

*read all fine print for the exact offer, and make sure it makes financial sense for you

Business Insider look into the program and recommended 

Open a new personal Southwest credit card, and here's the bonus: 30,000 points and an unlimited Companion Pass, which is valid for travel through 2019.

The Companion Pass lets you book a free ticket for a companion whenever you travel — all you'll have to pay is taxes and fees (which is usually less than $10).

*note: most of these cards require you to make a $4,000 purchase in the first three months, but if you're planning on making a big purchase anyway.............

Normally, to get a companion pass, it would mean you having to earn 110,000 points in one year!

According to Business Insider:

In order to receive the bonus, you can't currently hold a personal Southwest credit card, and you can't have earned a sign-up bonus from a Southwest card in the past 24 months. If you currently hold a card, but earned the bonus from it longer than 24 months ago (or never earned the bonus), you may be able to close that, wait a week or so, and apply for a new card.

There are several cards listed in the article, but the cheapest option is the Rapid Rewards Plus card.  It has a $69 annual fee (not waived for the first year. You get 2 points/dollar for purchases from Southwest, and 1 point per dollar you spend on everything else.  But you still get the 30,000 point bonus for starting it and the companion pass for 2019.

Learn more about Southwest card from Insider Picks' partner: The Points Guy.

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