As far as I’m concerned, the Alaska Airlines Visa® Credit Card is one of the most underrated airline credit cards out there. Alaska and Bank of America have also significantly improved the bonuses on these cards over the years, so if you don’t yet have the card, I’d highly recommend applying.
Why you should get the Alaska Airlines credit card
On the most basic level, the Alaska Airlines Visa offers a welcome bonus consisting of the following after spending $2,000 within the first 90 days:
- 40,000 Alaska Mileage Plan bonus miles
- A $121 companion ticket (a $99 fare plus taxes and fees from just $22)
40,000 miles might not sound like that much, but I value Alaska Mileage Plan miles more than any other airline mileage currency on a per mile basis. The miles aren’t especially easy to earn, given that they don’t partner with Amex, Capital One, Chase, or Citi.
Back in the day the bonus on the card was for 25K miles, then it increased to 30K, then we started seeing 40K targeted bonuses, and now we have a publicly available 40K bonus with a companion certificate the first year.
The card has a $75 annual fee, and it’s worth holding onto long term, given that you get a companion certificate on your account anniversary every year. This is something that I find to be more than worthwhile, given that Alaska’s companion certificate is one of the least restrictive ones out there. This is valid for virtually all economy tickets anywhere Alaska flies, and the companion is even eligible for mileage accrual, upgrades, etc.
While this isn’t a card I recommend putting a lot of spend on, it is a card that’s worth holding onto long term, in my opinion, assuming you ever fly Alaska. Personally I hold onto the card for the companion certificate. After the first year it’s a $99 companion certificate (plus taxes and fees starting at $22), so “all-in” I’m paying under $200 per year for that, and I consistently redeem it for more expensive tickets.
The card also offers a free checked bag on Alaska flights for you and up to six other guests on the same reservation, assuming that’s something you’d get value out of.
So if you’ve been considering this card, this is an excellent time to apply.
The Alaska Airlines Business Visa is equally good
Note that if you’re looking for a card for your small business, the Alaska Airlines Visa® Business Credit Card is very similar. Virtually everything about this card is the same — the welcome bonus, the free checked bag, the companion ticket, etc. And, you can get 20% back on Alaska Airlines inflight purchases, including food, beverages, and wifi, and 50% discounts on Alaska Lounge day passes, bringing down the cost from $50 to a very reasonable $25.
General rules on applying for Bank of America cards
Bank of America doesn’t have a strict limit on how many cards you can have with them, though there are some other restrictions to be aware of.
Most notably, Bank of America will typically only approve you for two cards in a two month period, three cards in a 12 month period, and four cards in a 24 month period. This doesn’t include business cards, however.
Currently the Alaska Airlines Visa and Alaska Visa Business Card have among the best bonuses we’ve ever seen. These cards offer valuable companion certificates, a first checked bag free on Alaska flights, and excellent welcome bonuses.
If you don’t have both of these cards and are eligible, I’d highly recommend applying.
Anyone planning on taking advantage of this great bonus on the Alaska Airlines Visa?