Originally Posted by flyinmommyTX

I had the same thing happen this month! Received my SW Plus card on April 23. Hit the spend on May 7. Statement closed May 14. The 4,000+ points I earned that statement appeared in my Rapid Rewards account on May 14, but the 50K bonus have not yet posted. I assume they will post with the next statement points.

I really hope the same thing doesn't happen with the Premiere card. We hit the spend on May 15, and the first statement closes May 26. I need the points to earn my Companion Pass for our July trip. I've already given up 6 months of CP status because we couldn't decide whether to try for it this year or not. I'm going to be so bummed if we don't earn the pass in time for our summer trips, just because the bonus points didn't post until the second statement.

Originally Posted by JFalcNY

I don't know the answer to your question on how Chase chooses to interpret its own rules but I would read it to mean 50,000 max across all cards.

But I previously have received more than 50,000 points from Chase card referrals (across SWA Plus and SWA Premier), so I don't know if the limit is actually applied in practice or if the limits have changed recently. FYI, I couldn't find my old flyer from Dec/January but from reading the current language just now I do think the "Terms" language changed around March or April of this year. I just read the latest language and I think it is stricter than before. It clearly says this:

"You may earn bonus points up to the stated maximum for each offer, however, please note that if you take advantage of multiple opportunities within one calendar year that the maximum number of bonus points that can be awarded from all referral offers is 50,000 per calendar year." (This was taken from the SWA PLUS Refer-a-Friend FAQ)

So it seems clear to me from the current language that the limit is 50,000 across all Chase referral programs (within a calendar year).