(Repost 12/3/23 as a reminder for anyone who is doing/did this deal)
(Repost 9/3/23: You’ll want to apply today or tomorrow to get in on this deal)
It’s possible to get two full years of the Southwest Companion Pass with one card signup with the recent Chase Southwest Business Premier 120,000 points offer.
Previously we were seeing an end date on that signup offer of 8/28/23. However, referral links are now showing a 9/4/23 expiration.
Someone who signs up on September 4th should have at least through – and including – December 3rd to do the spend (“first 3 months”). And potentially longer, depending on when their application is approved.
One can change their card statement date to the 1st of each month. That way, any points earned in December won’t post to your Southwest account until January 1, 2024. Readers suggest that changing the Due Date to the 26th of the month should result in the statement closing on the first of each month. Note that you might not be able to change your due date more than once-per-180-days, so we have to get it right the first time.
The plan is to spend somewhere between $0 and $2,999 before the December 1st statement closes, ensuring not to hit the $3,000 threshold., (One reader cautions not to get super close to the threshold and risk Chase being ‘generous’ and giving you the bonus early.) Then, complete the $3,000 spend on December 2nd and 3rd. Then, spend more than $15,000 (total) by the 9-month mark. You have plenty of time to get to the $15,000 spend mark – the sooner you get there, the longer your Companion Pass will be.
60,000 points for signing up will post on January 1, 2024, along with the points from the regular spend. And the other 60,000 will post on the January statement or whichever future date you complete the second spend requirement. All told, it should be possible to get the Companion Pass with one card signup.
Readers suggest another option here: freeze your credit and apply for the card. The application will remain dormant in the Chase system for up to 30 days. You can unfreeze your credits (let’s say in 3 weeks), and then call in to have them run your credit and proceed with application. This will give you some more time for the spend.
Regardless, it’s worth remembering that Chase unofficially tends to give 115 days for spend, see this post and the updates there.
To find a referral link for this offer, see the comments in the post: Chase Southwest Business Premier Card – Share Your Referrals
Hat tip to reader Ryan