[Expired] Earn 5X Points on All Southwest Purchases Through March 31, 2021

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This promotion has ended; please review current/active promotions.

Disclaimer: This 5X points promotion is not available when applying for the latest Companion Pass welcome offer on the Southwest Rapid Rewards® Priority Credit Card, Southwest Rapid Rewards® Premier Credit Card, and Southwest Rapid Rewards® Plus Credit Card.

It's getting harder and harder to keep track of all the new ways to earn Southwest points. The airline has offered promotions on top of promotions on top of promotions. And now, it's back with yet another one: Southwest co-branded credit cardholders will earn 5X points on Southwest travel purchases through the end of March 2021.
earn bonus Southwest Rapid Rewards points on Southwest purchases

Key Terms

  • Register here by March 31, 2021 (only purchases made after registering will qualify)
  • Qualifying Southwest purchases through March 31, 2021 (the promotional period) will earn 5X Rapid Rewards points on up to $2,000 spent per calendar month
  • Cardholders will earn a total of 5X points. That's an additional 3X or 2X on top of the regular earning rates.
  • Qualifying purchases include flights, inflight purchases, Southwest gift cards bought directly from Southwest, purchases from the Rapid Rewards Points Center, and Southwest Vacations packages
  • Points earned WILL count towards Companion Pass qualification. However, points WILL NOT count towards earning A-List or A-List Preferred status
  • Bonus offer applies only to the account of the primary Cardmember
  • Allow up to eight weeks after the promotion period ends for bonus points to post to your account

Qualifying Southwest credit cards:

Related Post: Southwest Companion Pass Strategy

Initial Thoughts

At first glance, earning 5X points sounds great. If you were to maximize this promotion, you stand to earn 20,000 points for $4,000 in spend over two months. Since I value Southwest points at 1.4¢ each, that's roughly a 7% return. At the same time, it's important to recognize that this isn't so much a “5X” promotion as it is an “additional 2-or-3X” promotion. So, maximizing would actually only translate into an extra 8,000–12,000 points for the same spend, worth ~$104–$156 respectively.

Bottom Line

Now through March 2021, Southwest co-branded cardmembers can earn 5X points on up to $2,000 in Southwest purchases per month. If you see yourself making any Southwest purchases soon, be sure to register. With all these promotions, Southwest is making it easy to build your stash of Rapid Rewards points. Hopefully, we can soon get back to spending them as fast as we're earning them!

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Comments

  • Avatar

    Does anyone know if the 30% bonus posts on the statement after you hit the $6k spend? Or does it only post after the promo period is over? I’m close to hitting the 125k points hits year, and the 30% should put me over the top.

    • Avatar

      Unfortunately, I wouldn’t count on the 30% bonus to help you this year. The T&C say that the bonus points will post 8 weeks after the end of the promotion – but they might end up posting before that.

      Also, if you’re counting on Southwest card spending, make sure to triple-check your credit card statement closing date for December and make sure purchases post by then.

  • Avatar
    Justin T Bohannon says:

    I’m definitely going to try and go for this deal. I am wanting to visit hawaii when the pandemic calms down, and this is a great way to get more miles to get there! I appreciate this post awardwallet!

  • Avatar

    As southwest and every other airline should do during the pandemic. Good to give customers so loyalty on the other side!

  • Avatar

    I think that all airlines anda cards operators should do similar promotions.
    but for now, good for Southwest….

  • Avatar

    Nice to see that they are doing this promo again. This is hoping that the pandemic ends soon so we can take advantage of all the points being earned.

  • Avatar

    Similar extensions will keep coming in 2021. People will not travel en masse next year.

  • Avatar

    Are you sure on getting 100k points by 31 Dec using bonus as part? If bonus posts in 4+ weeks, wont early Dec post in Jan at earliest and not count for 2020 CP?

  • Avatar

    HELP! My targeted offer was 15k spend from 8/1 – 10/31 and as of next week when my statement closes I will have made it. The bonus points will get me to companion pass. The PROBLEM is that this morning when I signed into my Southwest account, the promo that I registered for is GONE, as is the supermarket spend. There is now a new promo for 25k spend between 10/1 – 12/31. I am extremely upset. Any ideas on who to contact? I had active promos that have disappeared and now 2 new ones.
    Any suggestions or help? Thanks.

    • Avatar

      Ugh, those promotions also disappeared for me. In your case, it’s worth giving Southwest a call about this situation. I’m guessing you (and I) are still registered, but it just dropped off the website.

  • Avatar
    Lance Wilkinson says:

    Thanks for the Update! I’ll definitely sign up for this. I love southwest air.
    Lance

  • Avatar

    Whoa they are being quite aggressive with these promotions.
    I hope the other big 3 will follow with something similar.

  • Avatar

    Wow! I really wish I had this card. 🙁

  • Avatar
    dharmesh says:

    Southwest isnt normally my go-to airline. I usually am stuck with American but I think I should start looking into southwest more as bags fly free and they have good destinations in USA

  • Avatar
    ilia khan says:

    Darn I wasn’t targetted and I have 2 cards with them along with companion pass through next year. If anyone can figure out a way to get this added please let me know!

    • Avatar

      With all such targeted promotions it would be nice to know how broad or narrow the targeted group is. Perhaps AW could place a poll on such articles and folks could respond to get a sense of the offer.

  • Avatar
    Karthikeyan Chidambaram says:

    unfortunately I didn’t qualify. I am working hard towards companion pass with 10k more points to go and this could have been a boost for me