Alaska Airlines Business Card Review: 40K Miles & More

Alaska Airlines Business Card Review: 40K Miles & More

Alaska Airlines Visa® Business card 40,000 bonus miles plus Alaska's Famous Companion Fare offer | $50 for the company and $25 per card
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Alaska Airlines Visa® Business card 40,000 bonus miles plus Alaska's Famous Companion Fare offer | $50 for the company and $25 per card
Earn 3 miles for every $1 spent on eligible Alaska Airlines purchases
Alaska's Famous Companion Fare™
Free Checked Bag
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Link: Apply now for the Alaska Airlines Visa® Business card

The Alaska Airlines Visa® Business card is an often overlooked business credit card issued by Bank of America. The card is absolutely worth picking up if you’re eligible but don’t yet have it.

Not only are Alaska Mileage Plan miles incredibly valuable for partner airline redemptions, but the card offers some useful perks if you fly Alaska Airlines with any frequency.

Alaska Airlines Business Card Basics For January 2023

Let’s take a look at what you need to know about the Alaska Visa Business Card, including the welcome bonus, application restrictions, annual fee, and rewards structure.

Alaska Visa Business Card Welcome Bonus

The Alaska Visa Business Card is offering a two-part welcome bonus — at the moment, you can earn the following after spending $2,000 within the first 90 days of account opening:

  • 40,000 bonus Mileage Plan miles
  • An Alaska companion fare from $121 ($99 fare plus taxes and fees from $22)

I value Alaska Mileage Plan miles at 1.7 cents each, so to me, those 40,000 miles are worth $680. For example, just 60,000 Mileage Plan miles is enough for a one-way business class award from the United States to many points in Asia in Cathay Pacific business class or Japan Airlines business class, with a stopover included (admittedly stopovers in Hong Kong and Japan aren’t especially practical right now).

Then you have the companion fare, which could save you hundreds of dollars on airfare. I’ll get into that more below.

Redeem Alaska miles for travel in Cathay Pacific first class

Alaska Visa Business Card Application Restrictions

One great thing about the Alaska Visa Business Card is how easy it is to get approved for, at least anecdotally. There are a few things worth being aware of?

  • Anecdotally it appears that lots of people are getting instant approvals on this card, more so than with most other business credit cards, and more than on the personal version of the card
  • The eligibility requirements around earning the bonus aren’t particularly strict; you can earn the bonus on the card even if you’ve earned it in the past, and many even report being able to pick up a second business card (even if they already have it)
  • Applying for this card won’t count as a further card toward Chase’s 5/24 limit, in case that’s a limit you’re trying to stay under

Alaska Visa Business Card Annual Fee

The Alaska Visa Business Card has an annual fee of $50 for the company and $25 per card. That means the annual fee is $75 if you have just one user on the account, which I’d consider to be very reasonable.

Alaska Business Card Rewards Structure

The Alaska Visa Business Card has a pretty straightforward rewards structure:

  • Earn 3x Mileage Plan miles per dollar spent directly with Alaska Airlines
  • Earn 1x Mileage Plan miles per dollar spent on all other purchases
  • The card has no foreign transaction fees, making it useful for purchases globally

These aren’t exactly industry-leading bonus categories. You can potentially earn more than three points per dollar on airfare with other cards, and you can also earn more than one point per dollar on everyday purchases with other cards.

I will say, however, that Alaska miles are otherwise really tough to come by, so I know some people put spending on this card because they value Alaska miles so much, and I think that can be a good strategy.

Earn 3x miles per dollar spent on Alaska Airlines

Alaska Airlines Business Card Perks

The Alaska Visa Business Card offers a variety of perks, which can potentially more than justify the annual fee year after year. These perks are the main reason you want to consider picking up this card, in addition to the great welcome bonus. In no particular order, let’s go over my favorite benefits.

First Checked Bag Free On Alaska Airlines

If you have the Alaska Airlines Business Card, you receive a free checked bag for you and up to six other passengers on the same reservation. Alaska usually charges $30 one-way per checked bag, so if you were traveling with six other people and everyone was checking a bag, you’re looking at savings of $420 on a roundtrip itinerary.

Of course, it’s rare most people travel with that many companions, but even if you’re traveling with just one other person you’re looking at savings of $120 on a roundtrip ticket, which is significantly more than the card’s annual fee.

20% Back On Alaska Airlines Inflight Purchases

Just for having the Alaska Airlines Business Card, you receive 20% back on Alaska Airlines inflight purchases, including of food, beverages, and Wi-Fi. If you fly Alaska Airlines often, the value of this will quickly add up.

Save on Alaska inflight purchases with the Alaska Business Card

Annual Alaska Airlines Companion Fare (& How It Works)

Not only is the Alaska Airlines Business Card currently offering a companion fare as part of the welcome bonus, but you also get an Alaska companion fare every year on your account anniversary. You’ll receive a voucher that can get you a companion fare from $121 ($99 plus taxes and fees, which start at $22).

In my opinion, the Alaska companion fare is the single most valuable companion airfare ticket offered by any US airline credit card. The basic restrictions associated with the companion fare are:

  • The companion fare is only valid for tickets booked in economy, though all economy fare classes are included; you can travel throughout Alaska’s route network, including on international flights
  • Tickets booked with the Alaska companion fare are upgradeable, both for the primary passenger and companion (this includes using complimentary elite upgrades, Gold Guest upgrades, instant upgrade fares, etc.)
  • Both passengers booked with the Alaska companion fare earn miles for their tickets
  • The companion fare is valid for a year from when it’s issued, though that’s only the book-by date, while you can travel on a subsequent date
  • You’re allowed to use your companion fare code for two other people, but if you do, you need to use a credit card in your name to pay for the ticket
  • Both passengers need to be booked in the same itinerary, travel on the same flights, and be ticketed at the same time
  • The companion fare is valid for roundtrip, one-way, and multi-city travel
  • The Alaska companion fare isn’t valid for award travel, or for travel that includes segments on any airlines other than Alaska or regional subsidiaries

To me this is so valuable, since you could travel all the way from the East Coast to Hawaii, for example, and both passengers are still eligible for mileage accrual and upgrades.

Get huge value with the Alaska companion fare

Best Business Card Alternatives

There are lots of great business credit cards out there. If you’re looking for one of the best cards for everyday business spending, I’d recommend considering one of the following:

I also love this Chase card trifecta

Looking For A Personal Alaska Airlines Credit Card?

If the Alaska Visa Business Card sounds interesting but you’re not eligible for a business card, there’s good news. The Alaska Airlines Visa® credit card (review) is offering an excellent limited time welcome bonus. You can earn the following after spending $3,000 within the first 90 days of account opening:

  • 70,000 bonus Mileage Plan miles
  • An Alaska companion fare from $122 ($99 fare plus taxes and fees from $23)

This $95 annual fee card offers many of the same perks as the business card, including a free checked bag on Alaska Airlines for you and up to six guests on the same reservation, 20% back on Alaska Airlines inflight purchases, 3x Mileage Plan miles on Alaska Airlines purchases, and more.

You could even pick up both the personal and business card, to really maximize the points and companion certificates that you can earn.

Redeem Alaska miles for travel in LATAM business class

Bottom Line

The Alaska Visa Business Card is an excellent business credit card that offers a solid welcome bonus and strong perks. The initial bonus of 40,000 Mileage Plan miles plus a companion fare will come in handy for cardmembers, and is enough reason to get the card. Also keep in mind that anecdotally this card is pretty easy to get approved for, and the eligibility restrictions aren’t particularly strict. On top of that, savings on checked bags and inflight purchases will add up over time.

If you don’t yet have this card and are eligible, I’d consider applying. This is a card that many people don’t have, yet which offers lots of value and a nice bonus.

If you’re looking for a personal credit card, consider the Alaska Airlines Visa Card, which also has quite a good bonus.

If you want to learn more about or apply for the Alaska Business Credit Card, follow this link.

The following links will direct you to the rates and fees for mentioned American Express Cards. These include: American Express® Business Gold Card (Rates & Fees), and The Blue Business® Plus Credit Card from American Express (Rates & Fees).

Conversations (8)
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  1. Richard Mehren Guest

    Hi. Does the monthly reporting show up on my credit report? I understand the credit check would appear on my credit report, but does the monthly reporting show up there since this is a business card. I’m looking for a card that does not show up on my personal credit report, and only under my business. Thanks.

  2. tassojunior Guest

    Just got instantly approved for my 3rd Alaska Biz card this year (so far). Big BOA depositor.

    1. jt Guest

      Does the 24 month rule for BOA credit cards not apply for the Alaska Biz? I got the Alaska Biz earlier this year and want to get another one for the SUB but wondering if I am eligible for the sign up bonus

    2. Ben Schlappig OMAAT

      @ jt -- Anecdotally that only applies to personal cards, and not the Alaska Business Visa Card.

  3. Steve Guest

    Surprisingly I got denied for this card. When I called to ask about it they verified my income (more than $75k yearly) and my business income (more than $15k yearly) but was told I was denied because I don’t currently have a loan for a house or car. I currently own my house and car. I was told my credit history is too short (30 years). I should add my credit score is currently 820...

    Surprisingly I got denied for this card. When I called to ask about it they verified my income (more than $75k yearly) and my business income (more than $15k yearly) but was told I was denied because I don’t currently have a loan for a house or car. I currently own my house and car. I was told my credit history is too short (30 years). I should add my credit score is currently 820 based on Experian. I really was so surprised as I never have difficulties getting other cards.

  4. SN Guest

    What’s amusing to me is the Alaska airlines seats on the banner of this promo look virtually the same as the seats lucky panned on copa (rightfully so). In one post the same seats are a reason to go Alaska, in another they are an example of Copas old 2005 continental style seats in desperate need of a redo.
    Come on guys. Does the right hand not know what the left hand is doing :)

  5. Ricardo Guest

    Got Denied for the personal card with a excellent credit score. Any one experience this? It’s my first time applying for a BOA card

  6. Sara Guest

    The only downside for me with the Alaska Business Card is you cannot add it to ApplePay. I almost exclusively use it to pay on my Apple Watch so I don’t have to access my purse or phone.

Featured Comments Most helpful comments ( as chosen by the OMAAT community ).

The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

Richard Mehren Guest

Hi. Does the monthly reporting show up on my credit report? I understand the credit check would appear on my credit report, but does the monthly reporting show up there since this is a business card. I’m looking for a card that does not show up on my personal credit report, and only under my business. Thanks.

0
Ben Schlappig OMAAT

@ jt -- Anecdotally that only applies to personal cards, and not the Alaska Business Visa Card.

0
jt Guest

Does the 24 month rule for BOA credit cards not apply for the Alaska Biz? I got the Alaska Biz earlier this year and want to get another one for the SUB but wondering if I am eligible for the sign up bonus

0
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