Card comparison
Which card is better between Southwest Rapid Rewards Plus Credit Card and IHG One Rewards Premier Credit Card?
Southwest Rapid Rewards Plus Credit Card is the better overall pick over IHG One Rewards Premier Credit Card because it leads on Madeen's weighted scorecard (52 vs 49) across categories, bonus, benefits, and fee.
Effective rate Southwest Rapid Rewards Plus Credit Card
Annual fee Tie
Welcome bonus Southwest Rapid Rewards Plus Credit Card
Benefits value Southwest Rapid Rewards Plus Credit Card
Southwest Rapid Rewards Plus Credit Card is the stronger overall pick between Southwest Rapid Rewards Plus Credit Card and IHG One Rewards Premier Credit Card because it leads on Madeen's weighted scorecard (52 vs 49) across categories, bonus, benefits, and fee. Southwest Rapid Rewards Plus Credit Card (2.8% top effective rate) vs IHG One Rewards Premier Credit Card (2.5%): Madeen's catalog compares fees vs fees across dining, grocery, gas, and travel — not just headline categories.
Choose A if
Choose Southwest Rapid Rewards Plus Credit Card when its strongest categories, bonus, or perks match how you actually spend.
Choose B if
Choose IHG One Rewards Premier Credit Card when the fee, welcome bonus, or issuer ecosystem fits better than the headline winner.
Full comparison
How do Southwest Rapid Rewards Plus Credit Card and IHG One Rewards Premier Credit Card compare across all spend categories?
Across all five spend categories, Southwest Rapid Rewards Plus Credit Card and IHG One Rewards Premier Credit Card trade wins row by row. Southwest Rapid Rewards Plus Credit Card peaks at 2.8% effective; IHG One Rewards Premier Credit Card peaks at 2.5%. Southwest Rapid Rewards Plus Credit Card wins the headline effective-rate view in this pair.
| Category / metric | Southwest Rapid Rewards Plus Credit Card | IHG One Rewards Premier Credit Card | Winner |
|---|---|---|---|
| Dining | 2x miles (2.8%) | 5x points (2.5%) | Southwest Rapid Rewards Plus Credit Card · 0.3 pts |
| Grocery | 1x miles (1.4%) | 3x points (1.5%) | IHG One Rewards Premier Credit Card · 0.1 pts |
| Gas | 2x miles (2.8%) | 5x points (2.5%) | Southwest Rapid Rewards Plus Credit Card · 0.3 pts |
| Travel | 1x miles (1.4%) | 3x points (1.5%) | IHG One Rewards Premier Credit Card · 0.1 pts |
| Other | 1x miles (1.4%) | 3x points (1.5%) | IHG One Rewards Premier Credit Card · 0.1 pts |
| Welcome bonus | ~$1120 estimated | ~$750 estimated | Southwest Rapid Rewards Plus Credit Card |
| Est. annual benefits | $29019/yr | $25855/yr | Southwest Rapid Rewards Plus Credit Card |
| Annual fee | $99 | $99 | Tie |
| Holistic overall | 52 pts (cat 19, bonus 12, benefits 13, fee 8) | 49 pts (cat 21, bonus 8, benefits 12, fee 8) | Southwest Rapid Rewards Plus Credit Card |
Madeen take
How to think about this pair
Southwest Rapid Rewards Plus Credit Card (2.8% top effective rate) vs IHG One Rewards Premier Credit Card (2.5%): Madeen's catalog compares fees vs fees across dining, grocery, gas, and travel — not just headline categories.
Strategy
Use Southwest Rapid Rewards Plus Credit Card when Best for spenders who put meaningful volume in dining and can earn 2x miles. The welcome bonus can help if you can meet the spend requirement.. Use IHG One Rewards Premier Credit Card when Best for spenders who put meaningful volume in dining and can earn 5x points. The welcome bonus can help if you can meet the spend requirement. Travel perks.
Hold both?
Many Chase users can hold both cards if each covers a different spend lane and the combined annual fees still clear your break-even math.
Welcome bonus playbook
If you are chasing a welcome bonus, Southwest Rapid Rewards Plus Credit Card leads on catalog bonus value. For long-term category earn after the bonus, IHG One Rewards Premier Credit Card is the stronger keeper in this pair — but only if its annual fee still makes sense for your spend.
Madeen analysis
Which card has stronger benefits: Southwest Rapid Rewards Plus Credit Card or IHG One Rewards Premier Credit Card?
Madeen estimates $29019 annual benefit value on Southwest Rapid Rewards Plus Credit Card versus $25855 on IHG One Rewards Premier Credit Card. Credits only matter if you will use them.
Southwest Rapid Rewards Plus Credit Card
Total est. value: $29,019/yr
Credits and perks only help if you will actually use them in a typical year.
- Extended Warranty Protection $10,000/yr
- Purchase Protection $10,000/yr
- DoorDash $3,600/yr
- Lost Luggage Reimbursement $3,000/yr
- Roadside Dispatch® $1,000/yr
IHG One Rewards Premier Credit Card
Total est. value: $25,855/yr
Credits and perks only help if you will actually use them in a typical year.
- Purchase Protection $10,000/yr
- Trip Cancellation/Trip Interruption Insurance $5,000/yr
- DoorDash $3,600/yr
- Lost Luggage Reimbursement $3,000/yr
- Lyft $1,440/yr
Welcome bonus
Which welcome bonus is stronger for Southwest Rapid Rewards Plus Credit Card or IHG One Rewards Premier Credit Card?
If you are chasing a welcome bonus, Southwest Rapid Rewards Plus Credit Card leads on catalog bonus value. For long-term category earn after the bonus, IHG One Rewards Premier Credit Card is the stronger keeper in this pair — but only if its annual fee still makes sense for your spend. Southwest Rapid Rewards Plus Credit Card lists 80k Southwest Rapid Rewards; IHG One Rewards Premier Credit Card lists 150k IHG One Rewards.
Southwest Rapid Rewards Plus Credit Card
80k Southwest Rapid Rewards
IHG One Rewards Premier Credit Card
150k IHG One Rewards
Caps & conditions
Caps and earn limits
Both Southwest Rapid Rewards Plus Credit Card and IHG One Rewards Premier Credit Card carry structured reward caps in the catalog. Compare the category that matters most before assuming the headline multiplier lasts all year.
Southwest Rapid Rewards Plus Credit Card
- Earn 2 points for each dollar spent at gas stations and grocery stores on the first $5,000 in combined purchases per anniversary year. Capped at $5000 per year.
IHG One Rewards Premier Credit Card
- Earn 5X total points on dining
- Earn 5X total points at gas stations
Who should pick which
Scenario playbook
Cashback-first user
Pick Southwest Rapid Rewards Plus Credit Card
Southwest Rapid Rewards Plus Credit Card is the better cashback-style pick because it has the cleaner effective-rate and fee blend for this pair.
Travel & points user
Pick Southwest Rapid Rewards Plus Credit Card
Southwest Rapid Rewards Plus Credit Card is the stronger travel-style pick because it combines better reward value with more travel-friendly positioning.
No annual fee priority
Pick Southwest Rapid Rewards Plus Credit Card
Southwest Rapid Rewards Plus Credit Card is easier to keep for no-fee users because it has the lighter annual-fee burden in this pair.
Heavy dining spend
Pick Southwest Rapid Rewards Plus Credit Card
For restaurant and dining-coded spend, the winner is whoever posts the stronger dining effective rate after caps and exclusions — see the category matrix for the current snapshot.
Heavy grocery spend
Pick IHG One Rewards Premier Credit Card
Supermarket and grocery coding can differ from superstores and delivery, so compare the grocery row before you optimize a weekly shopping basket.
Welcome bonus chaser
Pick Southwest Rapid Rewards Plus Credit Card
If you are chasing a welcome bonus, Southwest Rapid Rewards Plus Credit Card leads on catalog bonus value. For long-term category earn after the bonus, IHG One Rewards Premier Credit Card is the stronger keeper in this pair — but only if its annual fee still makes sense for your spend.
Fee-sensitive keeper
Pick Tie
When you want the card that is easiest to keep year two, annual fee often matters more than a narrow category edge.
Decision guide
Which card is better between Southwest Rapid Rewards Plus Credit Card and IHG One Rewards Premier Credit Card?
Southwest Rapid Rewards Plus Credit Card is the better overall pick because it leads on Madeen's weighted scorecard (52 vs 49) across categories, bonus, benefits, and fee. Southwest Rapid Rewards Plus Credit Card (2.8% top effective rate) vs IHG One Rewards Premier Credit Card (2.5%): Madeen's catalog compares fees vs fees across dining, grocery, gas, and travel — not just headline categories.
When should you pick Southwest Rapid Rewards Plus Credit Card over IHG One Rewards Premier Credit Card?
Choose Southwest Rapid Rewards Plus Credit Card if Best for spenders who put meaningful volume in dining and can earn 2x miles. The welcome bonus can help if you can meet the spend requirement.. Best for dining-heavy spend when the $99 fee fits your usage; confirm issuer terms before applying.
Strengths
- Strongest Madeen category is dining at about 2.8% effective (2x miles).
- That dining rate ranks higher than about 81% of cards we track in the category.
- No foreign transaction fee listed.
Tradeoffs
- $99 annual fee requires enough spend in bonus categories to offset.
- Southwest Rapid Rewards value depends on how you redeem, not straight cash back.
When should you pick IHG One Rewards Premier Credit Card over Southwest Rapid Rewards Plus Credit Card?
Choose IHG One Rewards Premier Credit Card if Best for spenders who put meaningful volume in dining and can earn 5x points. The welcome bonus can help if you can meet the spend requirement. Travel perks may add value beyond the earn rate.. Best for dining-heavy spend when the $99 fee fits your usage; confirm issuer terms before applying.
Strengths
- Strongest Madeen category is dining at about 2.5% effective (5x points).
- That dining rate ranks higher than about 80% of cards we track in the category.
- No foreign transaction fee listed.
Tradeoffs
- $99 annual fee requires enough spend in bonus categories to offset.
- IHG One Rewards value depends on how you redeem, not straight cash back.
Common questions about Southwest Rapid Rewards Plus Credit Card vs IHG One Rewards Premier Credit Card
Which card is better between Southwest Rapid Rewards Plus Credit Card and IHG One Rewards Premier Credit Card?
Southwest Rapid Rewards Plus Credit Card is the stronger overall fit because it leads on Madeen's weighted scorecard (52 vs 49) across categories, bonus, benefits, and fee. The overall winner depends on your spend mix — use the scorecard rows and scenario playbook to see where each card actually wins.
Which card wins on dining: Southwest Rapid Rewards Plus Credit Card or IHG One Rewards Premier Credit Card?
Southwest Rapid Rewards Plus Credit Card leads dining at 2.8% effective versus 2.5%.
Which card is better for cashback users: Southwest Rapid Rewards Plus Credit Card or IHG One Rewards Premier Credit Card?
Southwest Rapid Rewards Plus Credit Card is the better cashback-style pick between Southwest Rapid Rewards Plus Credit Card and IHG One Rewards Premier Credit Card.
Which welcome bonus is stronger between Southwest Rapid Rewards Plus Credit Card and IHG One Rewards Premier Credit Card?
If you are chasing a welcome bonus, Southwest Rapid Rewards Plus Credit Card leads on catalog bonus value. For long-term category earn after the bonus, IHG One Rewards Premier Credit Card is the stronger keeper in this pair — but only if its annual fee still makes sense for your spend.
Which card has stronger benefits: Southwest Rapid Rewards Plus Credit Card or IHG One Rewards Premier Credit Card?
Southwest Rapid Rewards Plus Credit Card leads on estimated annual benefit value in the Madeen snapshot.
Which card has the lower annual fee: Southwest Rapid Rewards Plus Credit Card or IHG One Rewards Premier Credit Card?
Tie has the simpler fee story in this pair ($99 vs $99). Annual fee only wins if you use the rewards and credits that justify it.
Is Southwest Rapid Rewards Plus Credit Card or IHG One Rewards Premier Credit Card better for travel spend?
Southwest Rapid Rewards Plus Credit Card is the stronger travel-style pick between Southwest Rapid Rewards Plus Credit Card and IHG One Rewards Premier Credit Card in this snapshot.
Can you hold both Chase cards?
Yes, many people can hold both Chase cards when each covers a different spend lane and the combined fees still make sense.
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Reviewed by Madeen editorial review
Catalog snapshot 2026-05-01
Updated 2026-06-25
Content tier Premium depth
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