Chase and Southwest Airlines Renewal Cleared for Takeoff

WILMINGTON, Del.–(BUSINESS WIRE)–Chase
Card Services, a division of JPMorgan Chase amp; Co. [NYSE: JPM] and Southwest
Airlines® (NYSE: LUV) today announced a
multi-year extension to the nearly 20-year partnership for co-branded
credit cards, Southwest
Airlines® Rapid Rewards® Plus, Premier and
Business Cards.

“This extension reinforces our long-term commitment to collaborating on
a program that delivers exceptional value and service to our shared
customers,” said Eileen Serra, chief executive officer of Chase Card
Services. “We look forward to deepening an already meaningful
relationship.”

“Providing a unique and excellent customer experience at a low fare is
at the heart of everything we do at Southwest,” said Bob Jordan,
Southwest Airlines executive vice president and chief commercial
officer. “We’ve chosen to continue this association with Chase because
of our mutual dedication to providing the best card value for our
Customers. Our Customers will continue to receive great value while
enjoying the benefits only Southwest can provide including bags fly
free*, no change fees and outstanding Customer Service.”

The Southwest Rapid Rewards cards continue to deliver a distinctive
portfolio of rewards and first-class travel perks, including:

  • Earn Free Flights Faster: Earn two points for every $1.00 spent
    on Southwest Airlines® purchases made directly with the
    airline, and two points per $1.00 when spending on Southwest Rapid
    Rewards Hotel and Car Rental Partner purchases. Plus, earn one point
    for every $1.00 spent on all other purchases.
  • Travel Rewards: Cardholders can redeem for Southwest flights,
    gift cards, hotel stays, car rentals and merchandise.
  • Travel Abroad with Confidence: No foreign transaction fees on
    Southwest Premier Card and all Southwest cards are enabled with chip
    and signature technology.
  • Travel Easy: Unlimited rewards seats, no blackout dates, no
    charge for flight changes and points don’t expire.

Plus, the Southwest Rapid Rewards Premier card from Chase has been voted
the Best Loyalty Credit Card in the Americas at the annual Freddie
Awards in 2013, 2014 and 2015.

For more information or to apply for a Southwest Rapid Rewards Card,
visit CreditCards.Chase.com/Southwest.

About Southwest Airlines Co.

In its 45th year of service, Dallas-based Southwest Airlines (NYSE: LUV)
continues to differentiate itself from other air carriers with exemplary
Customer Service delivered by more than 47,000 Employees to more than
100 million Customers annually. Southwest operates more than 3,600
flights a day, serving 95 destinations across the United States and six
additional countries. Southwest service to Belize City, Belize, begins
Oct. 15, 2015, and Liberia, Costa Rica, on Nov. 1, 2015, both routes are
subject to foreign government approval.

Based on the US Department of Transportation’s most recent data,
Southwest Airlines is the nations largest carrier in terms of
originating domestic passengers boarded. The Company operates the
largest fleet of Boeing aircraft in the world, the majority of which are
equipped with satellite-based WiFi providing gate-to-gate connectivity
while over the United States. That connectivity enables Customers to use
their personal devices to access streaming music provided by Beats Music
or to view video on-demand movies and television shows, as well as
nearly 20 channels of free, live TV compliments of our valued
Partners. *Southwest is the only major US airline to offer bags fly
free® to everyone (first and second checked pieces of luggage, size and
weight limits apply, some airlines may allow free checked bags on select
routes or for qualified circumstances), and there are no change fees,
though fare differences might apply. In 2014, the airline proudly
unveiled a bold new look: Heart. The new aircraft livery, airport
experience, and logo, showcase the dedication of Southwest Employees to
connect Customers with what’s important in their lives.

From its first flights on June 18, 1971, Southwest Airlines launched an
era of unprecedented affordability in air travel described by the US
Department of Transportation as The Southwest Effect, a lowering of
fares and increase in passenger traffic whenever the carrier enters new
markets. With 42 consecutive years of profitability, Southwest is one of
the most honored airlines in the world, known for a triple bottom line
approach that contributes to the carriers performance and productivity,
the importance of its People and the communities they serve, and an
overall commitment to efficiency and the planet. The 2014 Southwest
Airlines One Report(TM) can be found at SouthwestOneReport.com.

Book Southwest Airlines low fares online at Southwest.com
or by phone at 800-I-FLY-SWA.

About Chase

Chase is the US consumer and commercial banking business of JPMorgan
Chase amp; Co. (NYSE: JPM), a leading global financial services firm with
assets of $2.6 trillion and operations worldwide. Chase serves nearly
half of America’s households with a broad range of financial services,
including personal banking, credit cards, mortgages, auto financing,
investment advice, small business loans and payment processing.
Customers can choose how and where they want to bank: More than 5,500
branches, 18,000 ATMs, mobile, online and by phone. For more
information, go to Chase.com.

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