Southwest Airlines stock: Rapid Rewards overhaul starts in 2027
Published on 11/12/2026 at 13:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSouthwest reshapes loyalty strategy
- Southwest will replace its two existing Rapid Rewards tiers with Silver, Gold and Platinum from January 1, 2027.
- The airline is linking status more closely to spending, qualifying flights and its Chase co-branded cards.
- New lounge plans and milestone rewards broaden the commercial changes beyond frequent-flyer status.
Southwest Airlines is overhauling its Rapid Rewards loyalty program as part of a broader commercial reset. A World Online report carrying CNBC reporting published October 15 said the new structure will take effect January 1, 2027.
Three tiers replace the old structure
A-List and A-List Preferred will be replaced by Silver and Gold, while Southwest will add Platinum for its most engaged customers. Existing A-List members will move to Silver, and A-List Preferred members will move to Gold.
Southwest is also changing the qualification mechanics. Silver will require 35,000 Tier Qualifying Points or 25 qualifying flights. Gold will require 65,000 Tier Qualifying Points or 50 qualifying flights, while Platinum will require 140,000 Tier Qualifying Points or 100 qualifying flights.
The program will link one Tier Qualifying Point to each dollar spent on Southwest co-branded credit cards with Chase. Earning bonuses will rise for Silver members but fall for Gold members, indicating a sharper distinction between the loyalty benefits offered at each level.
New perks broaden the reset
The changes extend beyond status labels. Silver members will board in Group 1, Gold members before Group 1 and Platinum members ahead of both. Platinum members will also receive unlimited Companion Pass trips.
Southwest is adding milestone rewards for customers between status levels, including points, preferred-seat coupons and Companion Pass trips. The airline is also expanding international partnerships and developing Icon airport lounges with Chase, with four locations in the United States in development.
Current trading reference
Southwest Airlines stock traded at 42.04 euros on Lang & Schwarz at 13:44 CET on Thursday, November 12, 2026.
Southwest Airlines
- Company: Southwest Airlines
- ISIN: US8447411088
- Ticker: LUV
- Lang & Schwarz quote: 42.04 euros, November 12, 2026, 13:44 CET
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