Chase and Southwest have a new travel credit card, but is it a good deal?

Frequent flyers on Southwest LUV, -0.48% now have a new option when paying for their flights.

Chase JPM, +1.05% and Southwest Airlines on Thursday announced a new credit card, the Southwest Rapid Rewards Priority Credit Card.

This comes in addition to the Southwest Rapid Rewards Plus card and the Southwest Rapid Rewards Premier card.

Related:Americans paid over $100 billion in credit-card interest in 2017—and they’ll pay even more this year

The new Priority card has an introductory offer of 65,000 points, compared to the 40,000 the other Chase Southwest cards offer. (Southwest points are worth 1.5 cents each, according to the travel website The Points Guy).

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