25,000 bonus points after your first purchase; 3,000 bonus points every year on cardmember anniversary, up to 10,000 bonus points with eligible balance transfers within 90 days of opening your account. Points can be redeemed for free flights. 2 points per $1 spent on all southwest airline purchases, 2 points per $1 spent on all southwest rapid rewards hotel and car rental partner purchases, 1 point per $1 spent on all other purchases.
The late payment fee is $15.00 if the balance is less than $100.00: $29.00 if the balance is $100.00 or more, but less than $250.00; and $39.00 if the balance is $250.00 or more. Grace Period: Due date is at least 20 days after the close of each billing cycle. The card issuer will not charge you interest on purchases if you pay your entire balance by the due date each month. The card company will begin charging interest on balance transfers, cash advances, and overdraft advances from the transaction date.