Is the Alaska Airlines Credit Card Worth It? Editor’s Review for 2024 (2024)

Pros

  • High rewards rate
  • 60,000 miles initial rewards bonus
  • No foreign fee


Cons

  • Membership fees
  • No intro APR on purchases
  • No intro APR on balance transfers
  • Requires good/excellent credit

Alaska Airlines Credit Card

Is the Alaska Airlines Credit Card Worth It? Editor’s Review for 2024 (1)

Alaska Airlines Credit Card

3.29 out of 5 rating391 Reviews391 Reviews

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Regular APR

20.24% - 28.24% (V)

Annual Fee

$95

Rewards Rate

i

  • Earn 3 miles for every $1 spent directly on Alaska Airlines purchases, 2 miles per $1 spent on eligible gas, EV charging station, cable, streaming services and local transit purchases and 1 mile per $1 spent everywhere else with no limit on miles earned.

1 - 3 miles / $1

Bonus Offer

60,000 miles

Min Credit Needed

Good

More Details

Rewards Details

  • Receive 60,000 Bonus Miles plus Alaska's Famous Companion Fare™ ($99 fare plus taxes and fees from $23) after you make $3,000 or more in purchases within the first 90 days of your account opening.
  • Get an additional 2,500 bonus miles when you add a cardholder as an authorized user in the first 90 days of account opening.
  • Get a $99 Companion Fare (plus taxes and fees from $23) each account anniversary after you spend $6,000 or more in purchases within the prior anniversary year.
  • Earn 3 miles for every $1 spent directly on Alaska Airlines purchases, 2 miles per $1 spent on eligible gas, EV charging station, cable, streaming services and local transit purchases and 1 mile per $1 spent everywhere else with no limit on miles earned.
  • Free checked bag on Alaska flights for the cardholder and up to six other passengers on the same reservation (savings of $60 per person roundtrip). Plus, enjoy priority boarding when you pay for your flight with your card.
  • Redeem miles with no blackout dates on any Alaska Airlines flight or choose from thousands of destinations with more than a dozen airline partners.
  • Enjoy 20% back on all Alaska Airlines inflight purchases when you pay with your new card.
  • Earn a 10% rewards bonus on all miles earned from card purchases if you have an eligible Bank of America® account.
  • Get $100 off an annual Alaska Lounge+ Membership purchased with your card.

Additional Info

  • Security Benefits: $0 Liability Guarantee, Overdraft Protection and Paperless Statement Option.
  • Add your card to your mobile device and enjoy the convenience to shop and pay in-store or in-app using Apple Pay®, Google Pay™ or Samsung Pay.
  • Mobile banking, text or email alerts to keep you on top of your finances, quick access to your account information with text banking.

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Is the Alaska Airlines Credit Card Worth It?

The Alaska Airlines Credit Card is worth it for travelers with at least good credit who regularly fly with Alaska Airlines and its network of 24 partner airlines, both domestic and international. It offers 1 - 3 miles per $1 spent on purchases and has a $95 annual fee.

The regular earning rate breaks down like this: 3 miles per $1 spent directly with Alaska Airlines, 2 miles per $1 spent on gas, EV charging station, cable, streaming services and local transit, and 1 mile per $1 spent on all other purchases. In addition, you can get an initial bonus of 60,000 miles plus a companion fare ticket after spending $3,000 in the first 90 days.

The Alaska Airlines Credit Card comes with some other valuable perks, too. For example, you can get free checked bags on Alaska Airlines flights for you and up to six other passengers on the same reservation, 20% back on in-flight purchases, and $100 off an Alaska Lounge+ membership.

What You Need to Do to Make the Alaska Airlines Credit Card Worthwhile

To make the Alaska Airlines Credit Card worthwhile, you should make sure to earn the initial bonus of 60,000 miles plus a companion fare ticket after spending $3,000 in the first 90 days. That will cover the $95 annual fee for a few years.

If you disregard the initial bonus, you’d have to spend around $2,800 to $7,900 in a normal year to break even on the annual fee, depending on what you purchase. Alaska Airlines miles are worth up to 2.38 cents each when redeemed toward flights. Ideally, you’ll want to spend at least $6,000 on the card each year, though, because that will allow you to purchase a companion fare for just $99 (plus taxes and fees) after each account anniversary.

So, if you spend a lot on Alaska Airlines, its credit card should prove worthwhile. But if you don’t, the card’s annual fee will skew the offer against you.

Alaska Airlines Credit Card Highlights

60,000-Mile plus a Companion Ticket Initial Bonus

Spending at least $3,000 within 90 days of account opening scores you 60,000 bonus miles plus a companion ticket — redeemable for roughly $990 in airfare, according to our calculations. That’s not quite as much as some other travel rewards cards currently offer, but they tend to have far higher spending requirements. And that makes this bonus particularly helpful to relatively light-spending travelers as well as those who’d rather not put all of their monthly expenses on Alaska Airlines plastic, even for just a few billing cycles.

Up To 3 Miles Per $1 Spent

This maximum earning rate applies on Alaska Airlines tickets, baggage fees, in-flight purchases and vacation packages. You'll also earn 2 miles per $1 spent on gas, cable, streaming services and local transit. On all other purchases, you will earn the industry-standard 1 point per $1 spent.

Free Companion Ticket Each Year

Let’s say you and your significant other enjoy taking a yearly trip to Alaska. Well, as far as your wallet’s concerned, only one individual will be on the itinerary. That’s because your card entitles you to a free round-trip ticket, which covers a base fee of at least $99 and $23 in fees, for one companion each year. And your travel partner will still earn miles for the trip. Pretty nice.

All you have to do to qualify the first year is spend at least $3,000 in the first 90 days. And you merely have to keep your account in good standing to earn this bonus in subsequent years. If your account is closed or changed from a Visa Signature, you will lose the benefit.

Free Checked Bags

Each time you fly Alaska Air, you and up to six companions won’t have to worry about your first checked bags. All of the tickets must be on the card’s bill, however, so getting reimbursed by your travel companions (if you require it) will be on you. Nevertheless, this single feature could save a frequent flyer hundreds of dollars each year, not to mention the points you’ll earn for picking up the tab. But it still shouldn’t be overstated given that other airlines extend similar generosity to customers, cardholders or not.

Alaska Airlines Credit Card Lowlights

$95 Annual Fee

The annual fee that is charged starting with the first year is nearly four times higher than the market average of $22.29, according to WalletHub’s latest Credit Card Landscape Report, and is the primary negative against which you must weigh the card’s positives.

In other words, will this card prove to be worth at least $95 more than the best no-annual-fee card you could get? Does it beat out other offers that also come at a cost but sport different types of rewards? The answers to those questions depend on your credit standing and spending habits, and we’ll do our best to help you fill in the blanks throughout the remainder of this review.

No Low Intro Financing Offer

Many credit cards, even some obviously geared toward travel rewards, offer 0% introductory interest rates applicable to new purchases, balance transfers or both. The Alaska Airlines Credit Card is not among them. That means the ability to always pay your monthly bill in full should be a prerequisite for applying.

Other Things To Consider About Alaska Airlines Credit Card

Platinum Possibility

Not all applicants who get approved for an Alaska Airlines credit card will get the Alaska Airlines Visa Signature Card. Instead, those whose credit is good but not great will get the Platinum Plus version. Although Platinum costs $25 less per year, this is not an upgrade.

Platinum Plus offers only a 5,000-mile initial bonus and a $50 annual airline credit in place of Signature’s companion ticket worth at least $121. It also comes with a lower credit limit. According to the terms and conditions, applicants who get approved for a limit of at least $5,000 get Signature cards and everyone else gets Platinum Plus.

17 Airline Partners

Don’t worry; it’s not exclusive. Getting the Alaska Airlines Credit Card doesn’t marry you to the carrier or its route schedule. In fact, you have the ability to transfer your miles to 17 partner airlines. In other words, 60,000 Alaska Airlines miles would become 60,000 American Airlines miles.

The following is a list of partners. And if you decide to avail yourself of this feature, just make sure that you’re getting a fair transfer ratio (hopefully at least 1:1, or 1 Alaska Airlines mile equals 1 partner airline mile), and keep in mind that you may have to pay fees that are not covered by the miles.

AeroméxicoEmiratesKorean Air
Air FranceFiji AirwaysLATAM Airlines
American AirlinesHainan AirlinesPenAir
British AirwaysIcelandairQantas
Cathay PacificJapan AirlinesRavn Alaska
Delta AirlinesKLM Royal Dutch Airlines

Miles Usually Don’t Expire

The only two scenarios in which your miles can expire are if you don’t use the card at all for the first two months your account is open or if there is no account activity for 24 consecutive months. Otherwise, you can redeem your miles at will. Just bear in mind that the number of miles needed to book a given ticket could rise in the future, thus making your miles worth less. It’s called rewards devaluation.

Potential For Above-Average APR

Depending on your creditworthiness, you could get approved for an interest rate befitting someone with excellent credit or one more suited to someone with fair credit, according to our latest Credit Card Landscape Report. More specifically, it could be between 20.24% to 28.24% (V). That means you shouldn’t count on carrying a balance with this card, which is wise considering that any finance charges would eat away at your rewards earning.

No Foreign-Transaction Fee

Sure, Alaska’s a domestic carrier, so a foreign-transaction fee wouldn’t be horribly out of place, but it’s certainly nice to know there isn’t one. Many of the card’s partner airlines are internationally based, after all, and you never know where your travels will take you.

Overdraft “Protection”

You have the option of signing up for overdraft protection to cover the cost of transactions that exceed your available credit, which would ordinarily be declined. But don’t. Maxing out your credit line is quite harmful to your credit score, and the overdraft amounts are treated as cash advances. That means they will immediately begin to accrue interest. A $12 fee will also apply when the amount covered by overdraft protection is at least $12.

Alaska Airlines Credit Card VS the Competition

Which airline credit card flies the highest? You can check out our editors’ picks for the best airline credit cards to get the complete story, but here’s a quick snapshot of how the Alaska Airlines Credit Card compares to some of its most popular peers:

Alaska Airlines Credit CardSouthwest Rapid Rewards® Premier Credit CardCapital One Venture Rewards Credit Card

3.9WalletHub Rating

WalletHub Rating

3.9

This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Earn Gas Rewards." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.

Editor’s Rating

3.0

User Reviews

3.2

Market Comparison

4.1

fees: 2.5

rewards: 4.3

cost: 4.8

Other Features: 0.0

4.1WalletHub Rating

WalletHub Rating

4.1

This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Earn Airline Rewards." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.

Editor’s Rating

4.3

User Reviews

3.8

Market Comparison

4.1

fees: 2.9

rewards: 4.4

cost: 4.6

Other Features: 0.0

4.5WalletHub Rating

WalletHub Rating

4.5

This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Earn Rewards." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.

Editor’s Rating

5.0

User Reviews

3.8

Market Comparison

4.4

fees: 2.9

rewards: 4.8

cost: 5.0

Other Features: 0.0

(391)

(358)

(2,690)

annual fee$95

annual fee$99

annual fee$95

rewards rate

  • Earn 3 miles for every $1 spent directly on Alaska Airlines purchases, 2 miles per $1 spent on eligible gas, EV charging station, cable, streaming services and local transit purchases and 1 mile per $1 spent everywhere else with no limit on miles earned.

1 - 3 miles / $1

rewards rate

  • Earn 3X points on Southwest® purchases.
  • Earn 2X points on local transit and commuting, including rideshare.
  • Earn 2X points on internet, cable, and phone services; select streaming.

1 - 3 points / $1

rewards rate

  • Earn unlimited 2X miles on every purchase, every day
  • Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options

2 - 5 miles / $1

bonus offer 60,000 miles

bonus offer

Earn 85,000 points after you spend $3,000 on purchases in the first 3 months from account opening.

85,000 points

bonus offer

Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel

75,000 miles

Purchase Intro APRN/A

Purchase Intro APRN/A

Purchase Intro APRN/A

transfer intro aprN/A

transfer intro aprN/A

transfer intro aprN/A

Regular APR20.24% - 28.24% (V)

Regular APR21.49% - 28.49% (V)

Regular APR19.99% - 29.99% (V)

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Alaska Airlines Credit Card Review Methodology

1,500+Credit Cards Scored

100Point Rating System

26User Needs Considered

75,000Data Points Tracked

This Alaska Airlines Credit Card review is based on WalletHub’s proprietary 100-point credit card rating system. By using a consistent methodology to evaluate the Alaska Airlines Credit Card and all other cards, WalletHub’s credit card experts make it easy for people to compare their options and find the best credit cards for their needs.

The WalletHub rating system uses 16 key metrics grouped into seven categories: Fees, Rewards, Two-year Cost, Interest Rates, Approval Requirements, Special Features, and Reviews. Each metric has a maximum number of points allocated to it, based on the metric’s importance as determined by our editors. The points are added up to create an overall rating for the Alaska Airlines Credit Card out of a maximum of 100 points, which is then converted to a 5-point scale.

Ratings for each category reflect how close Alaska Airlines Credit Card is to WalletHub’s definition of a 5-star credit card, which is based on market conditions and what we believe are reasonable terms. We compare Alaska Airlines Credit Card to that standard to give a numerical approximation of how reasonable and competitive its terms are compared to other cards.

To learn more about how WalletHub rates credit card offers, check out our full credit card review methodology.

About the Author

Is the Alaska Airlines Credit Card Worth It? Editor’s Review for 2024 (2)

John S Kiernan

John Kiernan has covered the credit card industry for more than 15 years as a writer and editor for WalletHub. His work has been featured by major media outlets such as The Washington Post, Fox News and The New York Times and has been cited by industry regulators such as the Consumer Financial Protection Bureau.

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Is the Alaska Airlines Credit Card Worth It? Editor’s Review for 2024 (2024)

FAQs

How hard is it to get an Alaska Airlines credit card? ›

You need a credit score of 700 or better to get the Alaska Airlines Credit Card. That means people with at least good credit have a shot at getting approved for the Alaska Airlines Credit Card.

What is the average credit score for the Alaska Airlines card? ›

The average credit score for members who have matched with this card or similar cards is 689, with 810 being the most common. Note this is just one of the deciding factors when it comes to getting approved.

Do Alaska Airlines credit card holders get priority boarding? ›

How can I use priority boarding? Primary cardholders, authorized users and co-applicants of the Card who have an open account at the time of travel and up to 6 guests traveling on the same reservation are eligible for priority boarding when their tickets are purchased with their Card to qualify for this benefit.

What credit score is needed for Alaska USA credit card? ›

To get the Alaska Airlines Visa® Card, you should have a FICO® Score of at least 670. Ideally, aim for a credit score of at least 700. Although your credit score is a key factor in the application process, it's not the only factor that matters. Bank of America will also look at other items.

What Bank issues Alaska Airlines credit cards? ›

The Alaska Airlines Visa Signature® credit card, issued by Bank of America®, stands out from much of the airline-card competition for one major reason: It offers an annual Companion Fare, which allows you to get a ticket for a traveling partner for just $122 ($99 plus taxes and fees from $23) once a year after spending ...

What is the percentage rate for Alaska Airlines credit card? ›

The Alaska Airlines Visa Signature® Credit Card requires a $95 annual fee and has a 20.24% to 28.24% variable APR for purchases and balance transfers. There's a balance transfer fee of 4% of each transaction.

Does Alaska credit card cover TSA PreCheck? ›

Some other travel rewards cards reimburse TSA PreCheck or Global Entry application fees, offer lounge access or elite qualifying miles. The Alaska Airlines Visa Signature® credit card may not offer these perks, but it does offer practical benefits.

How many credit cards should I have? ›

Credit bureaus suggest that five or more accounts — which can be a mix of cards and loans — is a reasonable number to build toward over time. Having very few accounts can make it hard for scoring models to render a score for you.

Are Alaska points worth it? ›

However, Alaska miles are only really valuable for certain redemptions, as you'll see when looking at the average value by flight type below: Short-haul economy/premium economy: 1.25¢ Short-haul business/first class: 3.2¢ Long-haul economy/premium economy: 1.66¢

Does Alaska Elite Status get me into lounge? ›

Ways you can get into Alaska Airlines lounges

You can access the Alaska lounges a few ways. That includes via a lounge membership, holding high levels of Oneworld elite status, buying a day pass or when flying first class on certain flights operated by Alaska Airlines.

Do first class passengers get Alaska Lounge? ›

First Class Lounge Access

Passengers traveling on a paid First Class or a First Class award ticket* where no single flights exceed 2,000 miles can purchase a discounted Single-Entry Lounge Pass for $30**. Review our policy for more details.

Can I get in Alaska lounge with Priority Pass? ›

Like other Priority Pass lounges, there is a time limit to how long you can stay. Those using their Priority Pass membership at this Alaska Lounge are allowed entry only within two hours of their flight's departure.

What Bank is the Alaska card through? ›

Relationship Bonus: A 10% rewards bonus on all miles earned from card purchases with an open, eligible Bank of America checking, savings or investment account. Priority Boarding: Early group boarding when tickets are purchased with an Alaska Visa Signature® card.

How many miles do you get with Alaska credit card? ›

Earn unlimited 3 miles for every $1 spent on eligible Alaska Airlines purchases. Earn unlimited 2 miles for every $1 spent on eligible gas, EV charging station, cable, streaming services and local transit purchases.

Does the Alaska credit card get you status? ›

Alaska Airlines offers four tiers of elite status. Earning status is as easy as flying a set number of miles and/or earning points by using the Alaska Airlines Visa® Card. Flying with one of Alaska Airlines' partners will also contribute to your growing number of elite miles.

Are airline credit cards hard to get approved for? ›

High credit score requirements

Most travel credit cards require a good to excellent credit score from 670 to 850. If you don't have a credit score of at least 700 or any credit history at all, you'll probably need to build your credit before applying for a travel card.

What credit scores do you need for airline cards? ›

If you're building your credit, you may be able to earn rewards to use for travel at the same time. Many travel credit cards require applicants to have at least good credit — typically scores 670 and above. However, some credit cards are tailored to consumers rebuilding their credit scores.

What credit score is needed for the AAdvantage card? ›

The annual fee for the AAdvantage® Aviator® Red World Elite Mastercard® is $99. The annual fee for the AAdvantage® Aviator® World Elite Silver Mastercard® is $199. To qualify for the AAdvantage® Aviator® Red World Elite Mastercard®, you need a good to excellent credit score, corresponding to a FICO score of 690 to 850.

How often can you get Alaska credit card? ›

Understanding the B of A 1/24 rule: This rule is applicable to each card individually. As an example, if you close an Alaska Airline personal card within 24 months, you won't be approved for another Alaska Airline personal card (though you could open an Alaskan Airline business card).

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