Southwest, United, Alaska and American Airlines are all facing potential strikes, but the good news is that all are still negotiating and seem to be bargaining in good faith.
27.09.2023 - 21:31 / thepointsguy.com
If you're looking to earn valuable miles with an airline, this could be the offer for you.
Bank of America's Alaska Airlines Visa® Business card is currently offering a bonus of 50,000 bonus miles and Alaska's Famous Companion Fare from $122 ($99 fare plus taxes and fees from $23). To qualify, make $3,000 or more in purchases within the first 90 days from account opening.
There is also a (higher) offer on the personal Alaska Airlines Visa® credit card of 60,000 bonus miles plus Alaska's Famous Companion Fare™ from $122 ($99 fare plus taxes and fees from $23) after spending $3,000 or more on purchases within the first 90 days from account opening.
Let's look at this offer on the Alaska Airlines Business card and why it's so valuable.
New applicants for the Alaska Airlines Visa Business card can earn 50,000 bonus Alaska Airlines miles and Alaska's Famous Companion Fare from $122 ($99 fare plus taxes and fees from $23). To qualify, make $3,000 or more in purchases within the first 90 days of opening your account.
TPG values Alaska miles at 1.4 cents each, making this bonus worth a solid $700.
You can get even more value out of it, though, if you redeem these miles for flights on one of Alaska's partner airlines, such as Cathay Pacific. A one-way, business-class award from the U.S. mainland or Alaska to Asia can include a free stopover in Hong Kong, and pricing starts at 50,000 Alaska miles.
Related: 5 ways the TPG staff redeems Alaska miles
These tickets often sell for several thousand dollars.
However, do note that Mileage Plan has devalued the program — without notice. So, getting the maximum value out of the miles earned with this sign-up bonus may be harder now.
The Alaska Airlines Business card has a $95 annual fee ($70 for the company and $25 for the first card). You'll pay $25 for each additional card on the account.
Related: Our full review of the Alaska Airlines Visa® Business card
Cardmembers earn 3 miles per dollar spent on eligible Alaska purchases. You'll earn 2 miles per dollar on gas, local transit (including ride-hailing apps), EV charging stations, and shipping, and 1 mile per dollar everywhere else.
You also can receive 10% bonus miles on all purchases through a relationship bonus, available to those with eligible Bank of America small-business accounts.
Additionally, there are no foreign transaction fees, and miles never expire on active accounts.
Related: Alaska Airlines credit cards get additional perks, new restrictions — and a higher annual fee
Cardholders and up to six companions traveling on the same reservation will enjoy a free checked bag on Alaska Airlines flights (when using this card to pay for the ticket) and discounts on Alaska Airlines Lounge+ memberships.
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Alaska Airlines Mileage Plan occasionally offers discounts on miles. These miles can be difficult to earn, so buying them during these sales can help top up or save up for future redemptions.
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