Alaska Airlines Visa Card Bonus: 50K Miles + Companion Fare

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Link: Apply now for the Alaska Airlines Visa Signature® credit card

Alaska Airlines and Bank of America have a couple of co-branded credit cards, which have the potential to be pretty lucrative. We’ve just seen a new limited time welcome offer rolled out on the personal version of the card, the Alaska Airlines Visa Signature® credit card.

In this post:

Alaska Visa Card 50K miles & companion fare bonus + More

The Alaska Airlines Visa Card is offering the following limited-time welcome bonus:

Earn 50,000 Alaska Airlines Mileage Plan miles and earn an Alaska Airlines companion fare from $23 ($0 fare, plus taxes and fees starting at just $23) after spending $3,000 within the first 90 days of account opening.

I value Alaska miles at 1.5 cents each, given the great uses of Alaska Mileage Plan miles. That means the 50,000 miles are worth $750 to me, and that doesn’t even account for the value of the Alaska companion fare.

There are often questions about whether you can get the card (including the bonus) if you’ve had it in the past. Bank of America doesn’t publish clear rules surrounding this, but some reports suggest you can qualify for the card and bonus if you haven’t received a bonus on this exact card in the past 24 months. However, don’t hold me to that, and it might be a case of “your mileage may vary.”

I should also mention that Alaska has planned to launch a premium credit card in mid-2025. The eligibility rules around that haven’t been published yet, but there’s no indication that you wouldn’t be eligible for that card if you also pick up the more basic personal card.

Redeem Alaska miles for travel in Condor business class

Why the Alaska Airlines Visa Card is worth it

Beyond the excellent bonus, there are multiple reasons to get the $95 annual fee Alaska Airlines Visa Card. Among other things, the card offers the following:

A companion fare from $122 ($99 fare plus taxes and fees from $23) on your account anniversary every year after spending $6,000 on the card in the prior anniversary year; this is in addition to the companion fare offered as part of the bonus
3x Mileage Plan miles on eligible Alaska Airlines purchases, 2x Mileage Plan miles on eligible gas, EV charging station, cable, streaming services and local transit purchases including ride share, and 1x Mileage Plan miles on all other purchases, all with no foreign transaction fees
A 10% rewards bonus on all miles earned from purchases if you have an eligible Bank of America account
A first checked bag free on Alaska Airlines flights for the card member and up to six companions on the same reservation when paying with the card; this also applies to authorized users (which you can add at no cost), as long as the card is used to pay for the ticket, even when not traveling with the primary card member
Priority boarding on Alaska Airlines flights for the card member and up to six companions on the same reservation when paying with the card; this also applies to authorized users (which you can add at no cost), as long as the card is used to pay for the ticket, even when not traveling with the primary card member
20% savings on inflight purchases of food, drinks, and Wi-Fi, when paying with your card
$100 off an Alaska Lounge+ membership annually when you purchase the membership with your card
Spending on the card can count toward elite status, so the card could help you toward MVP Gold 100K, MVP Gold 75K, MVP Gold, and MVP status; you earn one elite qualifying mile for every $3 spent, up to 30,000 elite miles per year

If you fly Alaska Airlines with any frequency, then having this card should be a no-brainer. The benefits really add up, between the companion fare, the first checked bag free, priority boarding, savings on inflight purchases, and more.

Read my review of the Alaska Visa Card.

The Alaska companion fare should more than justify the annual fee

Bottom line

The Alaska Airlines Visa Card is offering a limited time welcome bonus that consists of 50,000 Mileage Plan miles, and a companion Fare from $23 ($0 plus taxes and fees from $23), upon completing the minimum spend of $3,000 within the first 90 days of card membership. If you’re eligible for the card, I’d consider applying with this offer, as this is a card with a reasonable annual fee that many people don’t have.

Are you considering picking up the Alaska Airlines Visa Card?

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