Tuesday, February 6, 2024

Is the Southwest Mini Companion Pass Offer a good deal?

 


Southwest launched its mini Companion Pass promotion today. The Southwest Companion Pass is one of the best travel perks around. It is a BOGO for any flight for up to two years. You can also change your companion three times per year. 

Is the Southwest Mini Companion Pass Offer a good deal?

I have had the Companion Pass for the past 8 years and it has saved me thousands of dollars. I used the Companion Pass to take my husband to Cuba, my children to the East Coast multiple times for events and college trips and graduation, Chicago, Florida, Mexico and more. 


This offer is to apply for any Southwest Personal credit card, spend $4,000 minimum with annual fee of $69-$149 depending on which card you choose and get 30,000 points and a companion pass good through February 28, 2025. 
Sounds pretty good, right?

Usually, you have to earn 135,000 Southwest points to get the Companion Pass, but it's good for up to two years. 

Is the Southwest Mini Companion Pass Offer a good deal?

This offer may be a good deal for some people, but here are a few things to think about before you hop on it:

1. You can only get a bonus on the personal Southwest credit card once every 24 months so if you get the personal card now, your Companion pass will expire in February 2025 and you won't be eligible for the personal card bonus again until February 2026. You can only hold one personal Southwest credit card at a time. 
But you can apply for both Southwest business cards and get both bonuses so if you have a small business and can meet the minimum spend, you could go with that plan in January 2025 and then have the Companion Pass through December 2026 plus lots of points.
2. Many times, the minimum spend on the personal Southwest credit card is just $1,000 with a bonus offer of 50,000 points or higher. So the minimum is lower and the bonus points offer is higher, BUT you need to get two credit cards to earn the companion pass. Not everyone can qualify for the Southwest Business credit card. 
3. You only get 30,000 points, of course, you can always transfer points from your Chase Ultimate Rewards if you need more. 

Of course, everyone's situation is different so that's why this offer may be perfect for you and not for someone else. If you are not sure if this offer fits your plan, join my Travel Coaching program and I'll help you figure it out. There are only 4 spots left in the Spring cohort so don't wait. 

If you decide to jump on this offer, please use my referral link. Thank you for your support! 

 

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