Alaska Airlines Visa Signature® credit card review

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Claire Dickey @ClaireDickey  in  Airline How we rate our cards  |  Advertiser Disclosure
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Annual Fee:
$75
Purchase Intro APR:
N/A
Regular APR:
17.49% - 25.49% Variable APR on purchases
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The Alaska Airlines Visa Signature® credit card review was last updated on 12.02.2019.

Alaska Airlines Visa Signature® credit card: Details and benefits

The Bank of America-issued Alaska Airlines Visa Signature credit card has a hallmark feature that no other airline card can top: its Alaska’s Famous Companion Fare offer.

You’ll receive 40,000 bonus miles and Alaska’s Famous Companion Fare™ from $121 ($99 fare plus taxes and fees from $22) after you make $2,000 or more in purchases within the first 90 days of opening your account. There are no blackout dates for this companion fare and, depending on how you use it, it could save you hundreds of dollars on a flight.

Advantages
  • Alaska's Famous Companion Fare™ can save you hundreds of dollars on a flight, and it's easy to qualify for.
  • You can use your miles to book with a variety of airline partners.
  • Free checked baggage for up to six on the same reservation is a generous perk.
Disadvantages
  • The companion fare™ offer can only be used once annually and only on coach flights.
  • If your travel plans include a location that Alaska Airlines or its partners don't travel to, there's no reason to get this card.
  • The best value from the card’s companion fare is for long-haul travel, which might not fit your needs.

Is the Alaska Airlines Visa Signature worth it for you?

Anyone who can take advantage of the savings of the Companion Pass should consider this card.

Every year, you’ll get another Companion Fare™ for just $99 plus the cost of taxes and fees, which start at $22, on all Alaska flights booked on Alaskaair.com with no blackout dates.

Other perks include a free checked bag for you and up to six guests traveling on eligible Alaska Airline reservations and an earnings rate of unlimited 3 miles for every $1 spent on eligible Alaska Airlines flights and 1 mile per $1 on all other spending. To add to all this, your miles don’t expire on active accounts.

Get the most value from the Alaska Airlines Visa Signature

The Alaska Airlines Visa Signature credit card is also a solid dining rewards card. Cardholders are automatically enrolled in the Alaska Airlines Mileage Plan Dining Rewards program. You’ll earn 1 mile for every $2 spent at participating restaurants.

You’ll have to search on the program website to find participating restaurants near you, but we found a hundred or more participating restaurants in each of the several ZIP codes we searched.

How much are the Alaska Airlines Visa Signature rewards worth?

When Bankrate priced out a flight from New York’s JFK Airport to Lihue Airport in Hawaii, we found a round-trip coach flight with a stopover in Seattle each way that was listed for $1,297.60. The flight charged $84.76 in taxes and fees, plus the $99 companion fare. This means you could use the Companion Fare welcome offer to fly yourself and a friend to Hawaii from JFK for a total cost of just $1,481.36.

That same $2,000 you spend within the first 90 days also will earn you 40,000 bonus miles, worth around $400 toward an airline ticket on Alaska Airlines.

How to redeem rewards

Miles don’t expire on active accounts. You can book award travel online through the Alaska Airlines website for flights on Alaska Airlines and all of its travel partners with the exception of Cathay Pacific and LAN airlines, which must be booked over the phone.

Miles required for award flights vary based on destination and distance. The lowest award travel redemptions start at 5,000 miles for a one-way flight on Alaska Airlines within the continental U.S., and can go as high as 85,000 miles for a one-way coach flight from the U.S. to New Zealand on Emirates airline.