Alaska Airlines Visa sign-up bonus increased again… to 35,000 miles!

On Saturday I wrote about the bonus on the Alaska Airlines Visa being increased from 25,000 miles to 30,000 miles. While a 30,000 mile sign-up bonus doesn’t sound especially compelling on the surface, I outlined the reasons this is actually a great offer, including that this card is churnable (meaning the sign-up bonus can be earned multiple times) and that it comes with a $99 companion certificate which can be used to purchase some very reasonably priced tickets, including first class to Hawaii.

Well it looks like the sign-up bonus has increased… again. It’s now 35,000 miles after the first purchase (the annual fee is $75, which isn’t waived for the first year).

So if you don’t have the card, this really is a great time to sign-up.

It’s also worth noting that Alaska Airlines Mileage Plan is offering up to a 40% bonus on purchased miles through April 15, bringing the cost down to about 2.1 cents per mile, should you want to top off an account.

On a related note, what’s going on with credit card sign-up bonuses the past couple of weeks? They’re fluctuating faster than the stock market, and I’ve never seen it to this degree before. While I’m happy to see bonuses improve, I wish they’d stabilize a bit more so links to the best offers wouldn’t be changing every few hours.

(Tip of the hat to Gary)

Comments

  1. Lucky, What is the requirement to receive entire 30k miles? I do not see it on the application page. Thanks

  2. @ Yaswanth — Unfortunately not. I don’t see them publicly promoting it, so I wouldn’t count on it being around for very long.

    @ pete — Yep, it has virtually no restrictions.

  3. Thanks for the heads up! I applied and was approved this morning. To expand slightly on Pete’s question, do you know if the companion ticket can be used along with an award ticket? Thanks.

  4. @ Seth — Sorry, I should have clarified, it’s a revenue companion ticket, so can’t be used on award tickets.

  5. I got a Alaska BofA card early January this year for personal use. Since then I got a Chase card. Do you think I can safely apply and get another Alaska for a business card at this time? My credit is very good but I do have those two recent cards but no new cards before that for years.

  6. @ Vince — At the end of the day there are no guarantees, though I’d say you have a very good chance.

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