Alaska Airlines Credit Card: A Great Deal for Bank of America Customers

There are some strong arguments for the Alaska Airlines credit card, depending on your lifestyle.

A brown bear cub sitting in wildflowers in Alaska.
(Image credit: Cindy Kassab for Getty Images)

Fly to Fiji with an Alaska Airlines credit card? You may be surprised to learn that the airline's Milage Plan™ rewards program can get you there. The program partners with 28 airlines, flying to more than 900 destinations. Plus, Bank of America customers earn a 10% rewards bonus on all miles earned from card purchases. 

Should you get the Alaska Airlines credit card?

Here are some of the strongest arguments for signing up for the card.

You frequently fly to or from the U.S. West Coast

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If you live in or often travel to Alaska or the West Coast, this card is a no-brainer. But if you live in another part of the U.S., be sure to check that there are flights in your city. There are non-stop flights between Washington, D.C., and Seattle, for example, as well as New York City and San Francisco, but no flights between New York and D.C. 

Moreover, Alaska Airlines does not have flights to smaller cities outside of the West Coast region. That said, you may be able to arrange a trip using one of Alaska's 28 partner airlines.

You are planning an expensive trip for two people

Alaska's Famous Companion Fare™ is a valuable perk; it allows you to purchase one round-trip coach companion fare on Alaska Airlines for a flat rate of $99 plus fees (starting at $23, for a total price starting at $122). 

So, if you are flying to Hawaii or Costa Rica, the first traveler pays the regular fare and the second traveler just pays $99 plus fees. This offer is only good on Alaska Airlines, so make sure it travels to and from the destinations you want.

You are a Bank of America customer

You'll earn an extra 10% of miles on all rewards. So, if you have racked up 1,000 miles, you will get an extra 100 miles as a BOA customer, for a total of 1,100.

You have an excellent credit rating and pay your credit card bills in full

This is a great card for customers with solid finances who can pay their statement balance in full each month. Like most travel rewards credit cards, its interest rates are high and can quickly land you in large amounts of debt if you are unable to pay your credit card bill.

You travel with a pet

The airline has a strong record for pet safety. Alaska's pet policy charges a $100 fee for pets traveling in the cabin, and a $150 for pets in cargo. 

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Alaska Airlines Visa Signature® Credit Card

This solid travel credit card offers three points for every dollar spent on Alaska Airlines travel, two points on gas, cable, streaming and local transit, and one point on all other purchases. 

Travel perks include free bag checks and an annual companion fare, which easily offset the $95 annual fee. And qualifying Bank of America customers earn a 10% bonus on reward miles, which may be redeemed for travel to over 900 locations worldwide.

For a limited time, new cardholders get a $100 statement credit and 50,000 Bonus Miles after spending $2,000 or more on purchases within the first 90 days of opening the account.

  • Sign-up bonus: Get a $100 statement credit, 50,000 Bonus Miles and Alaska’s Famous Companion Fare™ from $122 ($99 fare plus taxes and fees from $23) after you make $2,000 or more in purchases within the first 90 days of your account opening.
  • Bank of America benefit: Earn a 10% rewards bonus on all miles earned from card purchases if you have an eligible Bank of America® checking, savings or investment account.
  • Interest rate: 19.74% to 27.74% variable APR for purchases and balance transfers, and 29.74% variable APR on cash advances.
  • Annual fee: $95
  • Foreign transaction fee: None, so this is a good card for international travel.
  • Rewards: Earn 3 miles for every $1 spent on eligible Alaska Airlines purchases. Earn 2 miles for every $1 spent on eligible gas, cable, streaming services and local transit purchases. Earn 1 mile per $1 spent on all other purchases. 
  • Other benefits: Free checked bag, priority seating and annual companion fare.
  • Redemption: Alaska Airlines flights with no blackout dates. With oneworld® Alliance member airlines and Alaska's Global Partners, you can fly to over 1,000 destinations worldwide, including American Airlines and others.
Ellen Kennedy
Contributing Editor, ESG, Kiplinger.com

Ellen writes on environmental, social and governance (ESG) investing and sustainability. She was an ESG manager and analyst at Calvert Investments for 15 years, focusing on climate change and consumer staples. She served on the sustainability councils of several Fortune 500 companies, led corporate engagements, and filed shareholder proposals. 

Prior to joining Calvert, Ellen was a program officer for Winrock International, managing loans to alternative energy projects in Latin America. She earned a master’s from University of California in international relations and Latin America. She is fluent in Spanish and Portuguese.