Hawaiian Airlines® Bank of Hawaii World Elite Mastercard® vs Southwest Rapid Rewards® Plus
Side-by-side comparison
| Hawaiian Airlines® Bank of Hawaii World Elite Mastercard® | Southwest Rapid Rewards® Plus | |
|---|---|---|
| Annual fee | $99 | $99 |
| Welcome offer | Up to 70,000 bonus points | |
| Dining | 2x | 1x |
| Groceries | 2x | 2x |
| Gas | 2x | 2x |
| Travel | 1x | 1x |
| Streaming | 1x | 1x |
| Everything else | 1x | 1x |
| Est. yearly rewards* | $403 | $373 |
| Points type | Locked to Atmos Rewards | Locked to Southwest Rapid Rewards |
| Network | Mastercard | Visa |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified August 2026. See your own numbers in the calculator.
Welcome bonus and value over time
| Over time | Hawaiian Airlines® Bank of Hawaii World Elite Mastercard® | Southwest Rapid Rewards® Plus |
|---|---|---|
| Welcome bonus | Up to 70,000 bonus points | 50,000 Rapid Rewards® bonus points |
| To earn it | $1,000 in 90 days + $2,000 in 180 days | $1,000 in 3 months |
| Est. first-year value* | $1,004 | $774 |
| Est. ongoing value / yr* | $304 | $274 |
The Hawaiian Airlines® Bank of Hawaii World Elite Mastercard® wins on both fronts: it comes out ahead in year one on the welcome offer and stays ahead every year after. Short term or long, it is the stronger pick on the numbers.
*First-year value counts the welcome bonus, estimated rewards, and annual credits, minus the annual fee; ongoing value is a typical year after. Every point at a flat 1 cent.
Perks, credits, and redemptions
| Perks | Hawaiian Airlines® Bank of Hawaii World Elite Mastercard® | Southwest Rapid Rewards® Plus |
|---|---|---|
| Lounge access | None | None |
| Annual credits | None | 1 listed credits |
| Points & redemptions | Locked to a single program | Locked to a single program |
The two are closely matched on perks and redemptions, so the welcome offer and everyday earning above are what should decide it.
Transfer partners and point value
Neither card earns transferable points, so redemptions are cash-back or fixed portal value on both, roughly a cent per point. There is no airline or hotel transfer angle to separate them.
The verdict
On a typical year of household spending, the Hawaiian Airlines® Bank of Hawaii World Elite Mastercard® earns about $403 a year in rewards and the Southwest Rapid Rewards® Plus about $373, valuing every point at a flat 1 cent. The Hawaiian Airlines® Bank of Hawaii World Elite Mastercard® charges $99, which you clear through its rewards and perks. The Southwest Rapid Rewards® Plus charges $99, which you clear through its rewards and perks. Counting rewards, fees, and any credits, the Hawaiian Airlines® Bank of Hawaii World Elite Mastercard® delivers more total value, about $30 a year more for a typical spender, mostly because it earns more where you spend most, on dining. Neither leans on transferable points, so the deciding factors are the welcome offer, the card network, and which everyday perks you will actually use. On the sign-up bonus, the Hawaiian Airlines® Bank of Hawaii World Elite Mastercard® currently has the larger welcome offer. Note that Southwest Rapid Rewards® Plus is running a limited-time offer above the usual amount, so that edge may not last. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Hawaiian Airlines® Bank of Hawaii World Elite Mastercard® if your spending leans toward dining.