As I first wrote about in February, Alaska Airlines has been planning on increasing the sign-up bonus on their co-branded Bank of America credit card, from 25,000 miles to 30,000 miles. This was found in their 10-K SEC filing at the time, as they expected a higher bonus would bring them even more business.
The increased sign-up bonus finally went live a few weeks ago, which was a positive development.
However, the offer gets even better than that, because if you apply through this link you can get 30,000 miles plus a $100 statement credit after spending $1,000 or more on purchases within the first 90 days.
There’s also an Alaska Airlines business credit card, though up until recently the bonus hadn’t been increased to 30,000 miles, but rather stayed at the previous amount of 25,000 miles.
That has finally changed. The Alaska Airlines Visa Business Card is now offering a sign-up bonus of 30,000 Mileage Plan miles after making $1,000 worth of purchases within 90 days.
The card also offers an annual economy companion certificate, where you just pay $121+ and you can take a companion with you. These tickets are treated as normal revenue tickets, so even the companion earns miles, can get upgraded, etc.
The card does have an annual fee of $75, which isn’t waived the first year.
There’s not a business version of the card which offers the $100 statement credit, unlike the personal card.
In theory you should be able to get approved for both the personal and business cards, for a total of 60,000 Mileage Plan miles, a $100 statement credit, and two companion certificates. There are a total of $150 in annual fees, though.
I value Mileage Plan miles at ~1.8 cents each, so to me 30,000 miles are worth $540. Alaska miles are of course most valuable because of the nice array of partners on which you can redeem miles, including Cathay Pacific, Emirates, Hainan, Qantas, etc.
It’s nice to see that the 30,000 mile sign-up bonus is finally available on the business version of the card. The Bank of America Alaska cards have never had mega sign-up bonuses, so these are more or less the best offers we’ve seen. If you’re looking for Alaska miles, I’d seriously consider picking up one or both of these cards.