Question about Southwest VISA and annual fee / bonus points
Aug 15, 2012, 3:13 am
#1
Original Poster
Join Date: Jul 2011
Posts: 8
Question about Southwest VISA and annual fee / bonus points
Hi all,
Last year I opened a Chase SWA Visa for the 50k bonus points. I've just been charged the $99 annual fee and plan to call to ask them to either waive it or cancel my card.
I had 10k points left in my account, and they added 6k points for the cardmember anniversary.
If they don't waive the fee and I have to close the account, what happens to my points? I imagine I lose the 6k, but do the 10k remain in my Southwest Rapid Rewards account, or does Chase take those away since they're associated with the credit card and not from points due to flying?
Thanks.
Last year I opened a Chase SWA Visa for the 50k bonus points. I've just been charged the $99 annual fee and plan to call to ask them to either waive it or cancel my card.
I had 10k points left in my account, and they added 6k points for the cardmember anniversary.
If they don't waive the fee and I have to close the account, what happens to my points? I imagine I lose the 6k, but do the 10k remain in my Southwest Rapid Rewards account, or does Chase take those away since they're associated with the credit card and not from points due to flying?
Thanks.
Aug 15, 2012, 12:43 pm
#4
Join Date: Jul 2008
Location: MCO
Programs: Southwest Rapid Rewards
Posts: 791
The More Rewards section shows three basic amounts of gift cards:
3,000 pts for $25 (1pt = 0.83˘)
5,000 pts for $50 (1 pt = 1˘)
10,000 pts for $100 (1pt = 1˘)
In contrast, redeeming points for Wanna Get Away fares is 60 pts for $1, which comes out to 1pt = 1.67˘. Redeeming for flights will therefore always be the best use of points.
3,000 pts for $25 (1pt = 0.83˘)
5,000 pts for $50 (1 pt = 1˘)
10,000 pts for $100 (1pt = 1˘)
In contrast, redeeming points for Wanna Get Away fares is 60 pts for $1, which comes out to 1pt = 1.67˘. Redeeming for flights will therefore always be the best use of points.