You read that right. We’re flying direct to Orlando (and back) for $5 each! How? Southwest Rapid Rewards! Rack up enough points, and use those points to “buy” free flights. The quickest way to build a vast amount of points right off the bat, is to sign up for the Southwest Airlines VISA. I have always been too cheap to pay an annual fee for any credit card, but this offer was too good to pass up. With the sign-on bonus, you get 50,000 points (worth $833 in free travel) after you charge $1,000 to your new card. The annual fee is $69, but you also earn a 3,000 point yearly bonus which nearly offsets the annual fee. This ‘50,000 bonus points’ sign-on offer guarantees atleast 2 free flights, but some people are able to get 3 or 4 flights from the 50,000 points based on the flights they choose.
UPDATE (July 18, 2012): This offer isn’t quite as good as it has been in the past, as you’re now required to spend at least $1,000 in the first 3 months of opening your account in order to earn your bonus (compared to earning the bonus on your first purchase – as was the requirement when this offer was previously run.) To HELP you reach that $1,000, consider buying Disney gift cards at your grocery store. You can use the gift cards to pay off room charges, buy meals, purchase souvenirs, etc.! Plus, you may earn gas points with the gift card purchase at your local grocer.
So if it’s a Free flight, why are we paying $5 each? It’s a 9-11 security fee that all airlines must charge due to government regulations. But hey, a $5 flight is still a great deal!
The Southwest Rapid Rewards program is free for anyone to sign-up. And you don’t have to have the credit card to earn points, there are other ways.
Bottom Line: If you fly domestically in the US, the Southwest 50,000 point credit cards are worth a closer look. You get $833 worth of flights on Southwest for just the cost of the annual fee. (And you don’t have to fly to Orlando – this offer is good for all Southwest Airlines destinations!)