Chase
On $1,000 a month of spending, split evenly across restaurants, travel, groceries and everything else: yes.
18,000 points a year at 1.52¢ = $274, minus the $149 annual fee = $125 a year.
That is a worked example, not a figure about you — we have no idea what you spend. Put your own numbers in and the same arithmetic runs on those.
| On | Rate | Cap |
|---|---|---|
| Restaurants and takeaway | 2× Southwest Rapid Rewards | $8,000 a year, then 1× |
| Flights, hotels and transport | 1× Southwest Rapid Rewards | none |
| Groceries | 2× Southwest Rapid Rewards | $8,000 a year, then 1× |
| Everything else | 1× Southwest Rapid Rewards | none |
3x on Southwest, 2x on grocery and restaurants to $8,000 a year combined, 1x elsewhere.
Southwest Rapid Rewards points are worth about 1.52 cents each on our published table, our own. What Southwest Rapid Rewards points are worth →
Credits count for $0 in the sum above — what a typical holder actually redeems, not the sticker value of every credit on the page. Welcome offer and credits not yet read from the issuer's page, so none are counted; added 2026-09-18 for its earn rates only. Travel is priced at the card's general travel rate, not its own-airline rate.
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We may earn a commission if you apply through us, and it does not change the arithmetic above — a card that pays us nothing is scored identically. How we make money. Card terms as of 2026-09-18; check the issuer's page before applying.