Atmos Rewards Visa Business Credit Card Review
Key Takeaways
The most valuable benefit of the Alaska Airlines Business Credit Card is the $99 Companion Fare. After approval and spending $5,000 in the first three months, you'll receive 80,000 miles* and the Companion Fare. This offers exceptional value for frequent Alaska Airlines travelers or those planning to fly with the airline in the coming year.
Beyond the first year, this card may not provide significant value unless you're an Alaska Airlines loyalist. While various perks justify the modest $70 annual fee for regular Alaska flyers, you must spend $6,000 annually to continue earning the Companion Fare. We don't recommend allocating that much spending just for one benefit, as you could potentially earn more value from welcome offers on new cards.
Why This Card Could Be Right For You
After spending $5,000 on the card within the first 90 days, you receive 80,000 points* and the $99 Companion Fare (plus taxes and fees from $23). This benefit allows another person to fly anywhere on Alaska-operated flights for $122 total. This perk alone can save hundreds of dollars when used effectively.
The Atmos Rewards Visa Business card has a $70 annual fee. To receive the Companion Fare after the first year, you must spend $6,000 on the card annually.
Additional benefits include:
- One complimentary checked bag for up to 6 people on the same reservation (a $70 per person per roundtrip value)
- Priority boarding
- Competitive spending multipliers
- 20% back on inflight purchases made with this card
- $100 discount on Alaska Lounge+ Membership (which normally costs $795)
- As a business card, it won't count toward your Chase 5/24 status
Alaska merged with Hawaiian Airlines in 2024, and they merged their loyalty programs into Atmos Rewards in 2025. So all points you earn with this card can be used on all Alaska and Hawaiian flights. You can also get value out of Atmos points by using them to fly internationally on one of their oneworld Alliance partner airlines. Some partners, like Cathay Pacific to Hong Kong, offer free stopovers, essentially providing an extra flight at no additional cost.
*The 80,000 mile welcome offer may be a special offer as it came with the announcement of the rebranding of this card in August 2025. We’ll update if and when it changes
When The Usual Advice Doesn't Apply
This card might not be ideal if:
- You don't live in a city with many Alaska Airlines flights
- You typically travel alone, making the Companion Fare less valuable
What to Know About Atmos Rewards
Alaska Airlines has some great sweet spots, but understanding their award chart is key.
- Another key factor in their value is whether the airline flies from your home airport.
- They often have the best pricing available for international business class. Using an award search tool will help maximize.
- Their award chart also allows for some great finds on short-haul domestic flights.
- No major bank points transfer directly to Alaska, but you can go through Amex: transfer to Hawaiian Airlines first, then to Alaska.
- One-way award tickets with a stopover allows you to visit two destinations for the price of one.
How The Atmos Rewards Visa Business Credit Card Fits In The Atmos Rewards Ecosystem
The Atmos Rewards Visa Business Card is the only co-branded business card offered by Alaska Airlines. They also offer two personal cards, the Atmos Rewards Ascent Visa Signature card and the Atmos Rewards Summit Visa Infinite card. The Ascent has an identical signup bonus (the spend to get the bonus on the business card is $1000 higher) and nearly the same benefits, and you are allowed to get both.
The Summit card is the new, premium card offered by the airline. It has a 100,000 point signup bonus along with a 25,000 point Global Companion Award. Cardmembers also receive the 25k point Global Companion Award annually as part of the card benefits. There are a variety of other benefits for this card, like 8 passes to the Alaska Lounge (though they are broken up into 2 per quarter), a free checked bag and preferred boarding for the cardholder and up to 6 companions.
Card Information
| Bonus Points | Minimum Spend | Point Value | Annual Value | Annual Fee |
1st Year Value
|
|---|---|---|---|---|---|
| 80,000 | $5,000 | 1.5 ¢ | $0 | $70 |
$1205
|
| Best Value | Differentiating Perks | Rules |
|---|---|---|
| Alaskan Airline Flights | Annual $99 companion Fare | No CR , B of A 1/24 , No 5/24 |
Award System
Most Recent Special Offer
$5,000 spend ended Mar 2025
Spend Categories
3X points
4.5¢ Per Dollar Spent
1X points
1.5¢ Per Dollar Spent
2X points
3¢ Per Dollar Spent
2X points
3¢ Per Dollar Spent
2X points
3¢ Per Dollar Spent
Card Benefits
Get $100 off Alaska Lounge+ Membership
Get a $99 companion fare valid for one round coach ticket. Earned each year on anniversary.
Get 20% back on inflight food, beverage, and Wi-Fi purchases when you pay with your card.
You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
Your first checked bag is free on Alaska flights for you and up to 6 travel companions on the same reservation.
Point Transfer Options
Transfer To Spouse/Partner Yes - $$
Transfer To Friends Yes - $$
Travel Partner Transfers
Outside Point System Atmos Rewards
Transfers In From
1:1 100% value retained
3:1 71% value retained
Atmos Rewards Visa Business Application Rules
This business card will not show on your personal credit report, so it won't count against your 5/24 status
You'll be declined for Alaska Airlines and B of A Premium Rewards cards if you have opened or CLOSED that card in the previous 24 months
Card approval not subject to 5-personal-cards-in-24-months rule
Ranking of Cards Offering Atmos Rewards
Best for Series
Below is a snapshot of where this card performs best compared to the other cards in our database: