The Southwest Companion Pass is typically earned when you get 125,000 Southwest points within a calendar year. This year, due to the pandemic, Southwest is granting all active members on 12/31/20 a 25,000 credit toward the Companion Pass. Meaning you’ll only have to earn 100,000 points in order to get the pass. (These points are only a Companion Pass credit to lower the threshold in getting the pass; you don’t get free 25,000 points to use.)
Hopefully we’ll see more travel later this year and next, so it could make sense to earn the Companion Pass now with the 25k lower threshold which will be valid for the entire 2021 and 2022. I don’t see the 25,000 credit reflected in my Southwest login (still showing zero), maybe it’s taking longer than expected to show up.
You can get any of the three Southwest personal credit cards with an 80,000 points signup bonus – you’ll have at least 90,000 points after meeting the $10,000 spend requirement, and that brings you close to the 100,000 requirement. Or signup for the business version and get 100,000 points – you’ll have 125,000 after meeting the $25,000 spend requirement.