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All information about the Southwest Rapid Rewards® Premier Credit Card has been collected independently by MileValue.

For a long time, most purchases were made with either cash or checks. Credit cards were only used for larger purchases that needed to be paid off over months or years. However, in recent times, more and more people have begun using credit cards for all of their purchases, big or small. On the other hand, some people use their debit cards for everything.

Lifestyles, spending habits, living arrangements and financial situations can all change rapidly. These changes can make you question the benefits of holding certain credit cards any longer.

The temptation to close a credit card you no longer use, or one you pay an annual fee for, can be high.

Yet, closing a credit card is not a decision you should take lightly.

Earning points and miles can seem like an uphill struggle.

There are a few fundamental rules to the success of anyone involved in points and miles. If there’s one that is more important than any other, it is the Chase 5/24 rule.

The Chase 5/24 rule is so fundamental that you’ll almost always hear someone mention it when discussing sign up strategies. “What’s your 5/24 status?” is almost always the first question asked when someone asks for credit card recommendations.

If you haven’t heard of the 5/24 rule yet, you may be wondering what the big deal is.

If we were to start handing out awards here at MileValue, we can officially declare Chase the winner of some of the most exciting updates in the credit card marketplace for September 2020. Between updating the welcome bonus on the Chase Sapphire Preferred, and improving the Chase Freedom Unlimited® and the introduction of the Chase Freedom Flex®, Chase has been all over the news in the points and miles world as of late.

And guess what: they’re back in the news again.