DALLAS—Southwest Airlines and Chase are introducing a new premium credit card for small businesses: the Southwest Rapid Rewards Performance Business Credit Card.
The card has the highest-ever points sign-up bonus on a Southwest card: 80,000 Rapid Rewards points when you spend $5,000 in the first three months, Business Insider said.
While only "small businesses" can apply for the card, businesses are defined broadly, and include freelancers, sole proprietors, side gigs, and even people who resell items on eBay, Business Insider explained.
The Performance Business Card has an annual fee of $199, but offers a number of benefits to make up for that: The card earns 3x points per dollar spent on Southwest flights and hotel or car rental partners, and 2x points on social media and search engine advertising, Internet, cable, and phone services. It earns 1x point on everything else, Business Insider explained.