Open Nav
Show Navigation
Show Menu
Personal CardAirline Card

Alaska Airlines Credit Card

Written by: Lenny Pappano
Alaska Airlines Apply Now

The Companion Fare makes this card worthwhile for Alaska Airlines travel with a partner. For occasional flyers, consider getting it for the welcome benefits then reassessing before the annual fee comes due.

Alaska Airlines Apply Now

Alaska Airlines Credit Card Review

Key Takeaways

The Companion Fare is the most valuable benefit of this card, especially in your first year when it comes as part of the welcome offer alongside 50,000 miles. If you're planning to fly Alaska Airlines with a partner in the upcoming year, this card is an excellent choice.

However, after the first year, you must spend $6,000 annually to receive the $99 Companion Fare, which may not be worthwhile for occasional flyers. If you're primarily getting the card for the bonus and Companion Fare for a specific trip but don't regularly fly Alaska, you might want to cancel before paying the annual fee.

For those who fly Alaska Airlines even a few times per year, the card's additional benefits provide good value for the modest $95 annual fee.

Why This Card Could Be Right For You

You can earn 50,000 miles and the Companion Fare after spending $3,000 on the card within the first three months. The Companion Fare allows you to purchase one round-trip coach companion fare on the same ticket for $122 ($99 plus $23 in taxes) on Alaska Airlines-operated flights.

You'll receive the Companion Fare as part of your sign-up bonus in the first year. After that, you'll need to spend $6,000 on the card during the previous year to earn it again.

The card offers several additional benefits that help offset the $95 annual fee:

  • Free checked bag for the cardholder and up to 6 additional guests on the same reservation (a $70 per person round-trip value)
  • 20% back on Alaska Airlines inflight purchases
  • $100 off an annual Alaska Lounge+ Membership
  • 3x miles on Alaska Airlines purchases
  • 2x miles on eligible gas, EV charging stations, cable, streaming, and local transit services
  • 10% rewards bonus on all miles earned from card purchases if you also have an eligible Bank of America account

Alaska Airlines miles have enhanced value because the airline is part of the oneworld Alliance, allowing you to book flights on partner airlines using your Alaska miles. Following its merger with Hawaiian Airlines, you can now fly to Hawaii using Alaska points and transfer points between the two airlines. This creates a pathway for transferring American Express points to Hawaiian Airlines and then to Alaska Airlines, all at 1:1 ratios.

When The Usual Advice Doesn't Apply

There are situations where this card may not be beneficial:

  • You don't live in a city with many Alaska Airlines flight options
  • You typically travel alone, making the Companion Fare less valuable
Alaska Airlines Mileage Plan

What to Know About Alaska Airlines Mileage Plan

Alaska Airlines has a niche rewards program best suited for people on the West Coast or planning trips to Alaska or Hawaii.

  • The key factor in their value is whether the airline flies from your home airport.
  • 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 Alaska Airlines Credit Card Fits In The Alaska Airlines Mileage Plan Ecosystem

Alaska miles are challenging to accumulate since they don't partner directly with most major rewards currencies, only with Bilt and Marriott. Besides these partnerships, there are limited options for earning Alaska miles:

  • The Alaska Airlines Visa Signature is the airline's only personal co-branded card
  • A comparable business version offers similar sign-up bonuses, benefits, and perks
  • If you're an Alaska Airlines loyalist and have room in your Chase 5/24 status for a personal card, you could get both cards to accumulate miles faster and receive two $99 Companion Fares

While major credit card companies like Chase and American Express don't have Alaska Airlines as a direct transfer partner, there is an indirect method using American Express Rewards. Following the Alaska-Hawaiian Airlines merger, and because Hawaiian is an American Express transfer partner, you can transfer points from American Express to Hawaiian Airlines and then from Hawaiian to Alaska Airlines. This isn't the most straightforward redemption process, but it provides another avenue for maximizing your points.

Card Information

Bonus Points Minimum Spend Point Value Annual Value Annual Fee
1st Year Value
60,000 $3,000 1.2 ¢ $0 $95
$661
Best Value Differentiating Perks Rules
Alaskan Airline Flights Annual $99 companion Fare No 5/24

AWARD SYSTEM

Alaska Airlines Mileage Plan

BANK

Bank Of America

Reconsideration Phone 800.732.9194

SPECIAL OFFER

60,000 points for
$3,000 spend.

Spend Categories

Airfare - »

3X points
3.6¢ Per Dollar Spent

All Other - »

1X points
1.2¢ Per Dollar Spent

Entertainment and Streaming - »

2X points
2.4¢ Per Dollar Spent

Gas Stations - »

2X points
2.4¢ Per Dollar Spent

Rideshare and Transit - »

2X points
2.4¢ Per Dollar Spent

Card Benefits

Lounge Access »
Get 100% off Alaska Lounge day passes
Companion Pass »
Get a $99 companion fare valid for one round trip coach ticket. Earned each year on anniversary.
Airline Incidentals »
Get 20% back on inflight food, beverage, and Wi-Fi purchases when you pay with your card
No Foreign Transaction Fees »
You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
Free Checked Bag »
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 Alaska Airlines Mileage Plan

Transfers In From
Point Transfer Options
IHG Rewards

5:1 40% value retained

Alaska Airlines Application Rules

Card approval not subject to 5-personal-cards-in-24-months rule

Ranking of Cards Offering Alaska Airlines Mileage Plan

Best for Series

Below is a snapshot of where this card performs best compared to the other cards in our database:

Rank 8th Honorable Mention

Breaking Points

December 12, 2024
Alaska Airlines
Alaska Airlines Visa credit Bonus

Alaska Airline Visa Signature is offering 70,000 Points after spending $3000 in 3 months with a $95 annual fee.. That's up 20,000 points over their standard offer of 50,000 after spending $3000 in 3 months.

January 29, 2024
Alaska Airlines
Mini Points - January 2024

- Alaska Airlines Visa limited time offer of 70,000 miles + companion fare after spending $3000 in 3 months, $95 annual fee.

- Marriott Boundless - 5 FREE NIGHTS after spending $5000 in 3 months, $95 annual fee.

- United Business Card - 100,000 Bonus Miles after spending $5000 in 3 months, $95 annual fee.

January 19, 2023
Alaska Airlines
Alaska Airlines Visa Limited Time Offer

Right now get 70,000 Bonus Miles after spending $3000 in 90 days with the Alaska Mileage Plan Card. The NEW benefits added onto this card include: priority boarding, $100 off annual Alaska Lounge+ Membership & unlimited 3 miles for every $1 spent on eligible purchases. This card has an annual fee of $95 and it is not waived.

September 12, 2022
Alaska Airlines
Alaska Airlines Limited Sign Up Bonus

Limited Time offer with Alaska Airlines Bank of America Visa. Get 50,000 bonus points after spending $2000 in 90 days, $75 annual fee not waived. Sign up bonus comes with Alaska's Famous Companion Fare.