One of the best-known hacks in US points and miles is dying. From 1 January 2027, Southwest Airlines will no longer let credit card welcome bonuses count toward the Companion Pass, the hugely popular perk that lets a designated companion fly with you for free (you only pay their taxes and fees).

Until now, the maths was simple and generous. Southwest card sign-up bonuses have regularly hit 80,000 Rapid Rewards points or more, and those points counted toward the 135,000 Companion Pass qualifying points needed for the pass — even though they didn't count toward regular elite status. Timing card applications around the bonus was one of the cheapest ways to score what many consider the single most valuable loyalty perk in the airline world. That route now goes away entirely: welcome bonuses, referral bonuses, anniversary points, spend-based bonuses and partner earnings (hotels, car rentals) will still earn Rapid Rewards points, but none of it will move you toward a Companion Pass.

Instead, from 2027 the pass becomes attached to Southwest's new top-tier Platinum status. That means earning 140,000 Tier Qualifying Points or flying 100 qualifying one-way flights within the year — real flying, in other words, not a welcome bonus windfall.

There are a few sweeteners. If you reach 130,000 TQPs in 2027, Southwest will hand you a 10,000-point boost, pushing you over the Platinum line; the pass then runs for the rest of 2027 and all of 2028. A new Milestone Reward at 95,000 TQPs (or 75 qualifying one-way flights) gets you three Companion Pass trips rather than a full year. And all Southwest credit cards will earn 1 TQP per dollar spent from 2027, so heavy card spend can genuinely build toward status — just far more gradually than a one-off 80,000-point bonus ever did.

Timing matters if you want to grab the old deal. Anyone who earns the Companion Pass under the current rules during 2026 keeps its benefits through the end of 2027, so there's roughly a year left to run the classic play: apply for a Southwest card, hit the spending requirement and lock in a pass that could cover dozens of free flights for a travel partner.

Who should care? Frequent Southwest flyers, couples or friends who book trips together, and anyone who enjoys the points game. If you've been sitting on the fence about a Southwest card application, 2026 is the window — after that, the only real path is putting in the flights or the spending. The change lands alongside a wider Southwest loyalty overhaul, including new elite tiers, faster TQP earning and new Icon Lounges, so the whole programme is shifting shape. The Companion Pass will still exist, and it will still be brilliant once you have it. Getting there is just about to get a lot harder for anyone who isn't flying or spending heavily.