The Bank of America Alaska Airlines Business card has a Mileage Plan bonus miles offer of: 40,000 and Alaska’s Famous Companion Fare. The value of the Alaska miles is one of the most valuable airline miles in the market. You can also earn a $200 statement credit and you can potentialy earn $920 in value. It’s a great bonus if you compare it to other credit card offers.
With the Alaska Airlines Business credit card, it’s a great choice to have if you’re a small business company that flies with this airline or one of their partnered airlines. They have very competitive rewards rates on Alaska Airlines travel and amazing perks to benefit from.
However, if your company doesn’t normally fly with Alaska Airlines or one of their airline partners, then you should look into a non-branded travel rewards credit card.
Alaska Airlines Visa Business Card Quick Facts
| Bonus Available | Gain 40,000 bonus miles and an Alaska’s Famous Companion Fare once you’ve spent a minimum of $2,000 in the first 90 days of having your account open.
$200 statement credit |
| Bonus Value | $920 |
| Travel Credit | No travel credit but you get Alaska’s Famous Companion Fare every year. |
| Ongoing Rewards/Benefits |
Receive 3 miles for each $1 used directly on Alaska Airlines expenses and 1 mile for each $1 used towards other expenses. Free checked bag on Alaska flights for you & up to 6 travel companions. |
| Foreign Transaction Fees? | No |
| Airport Lounge Access | N/A |
| Annual Fee | $50 per company, $25 per card |
Recommended Free Credit Score (Get Free Score)
690 – 850 (Good – Excellent)
If interested see our list of Bank of America bonuses for Checking & Savings accounts.
* Bonus value is an estimated value calculated by BankDealGuy and not the card issuer.
View the latest valuations here.
Pros
- Bonus miles
- Companion fare
- Free checked bag
- Partner airlines
- No foreign transaction fees
Cons
- Annual fee
Editor’s Alternate Pick
 The Chase Ink Business PreferredSM Card offers 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,250 toward travel when redeemed through Chase Ultimate Rewards®. You'll earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year; 1 point per $1 on all other purchases - with no limit to the amount you can earn. Furthermore, points are worth 25% more when you redeem for travel through Chase Ultimate Rewards. This card does come with a $95 annual fee but does not have any foreign transaction fees. |
40,000 Bonus Miles & Companion Fare Offer
Make use of the Alaska Airlines Business credit card’s introductory offer of: 40,000 Miles Plan bonus miles and their Alaska’s Famous Companion Fare. Your miles won’t seem to be amazing compared to different cards. However, the Alaska miles are one of the most valuable in the market.
Using the companion certificate, you are able to have a friend or family member come with you on a round-trip on an Alaska flight in the economy class. All you have to do is pay the $99 fee for companion fare and taxes and fees from about $22.
These 40k Mileage Plan miles will be valued with about $720 (more on that below). It’s a great bonus offer compared to other credit cards with common annual fees included. Adding the $200 statement credit, you can earn $920 in value.
You must charge your card with a minimum of $2,000 in the first 90 days of having your account open to be able to qualify for this welcome bonus miles offer.
Here are some ideas on meeting the spending requirement:
| • Plastiq: Plastiq allows you to pay for expenses that you generally won’t be able to with your card like rent, tuition, auto lease, mortgage payment, and more. There’s a 2.5% processing fee for using your credit card. However, this’ll be worth the card bonus you’ll get. There’s also a referral program where you can earn “Fee-Free Dollars” to use towards processing fees. See our Plastiq review. |
| • Fund Checking accounts with your card: Many banks will allow you to fund the opening deposit with a credit card. Consider opening Checking accounts that also offer a sign-up bonus. This way, you can work towards bonuses from two different sources. Big banks like Chase, HSBC, Huntington, and TD Bank have great offers and allow credit card funding. You can generally fund anywhere from $50 to $1,000 towards the opening deposit with a credit card, depending on the bank. |
| • Buy gift cards: Consider buying gift cards with your credit card that you can then spend later at your leisure. Individual merchant cards (restaurants, gas stations, supermarkets, etc.) generally don’t have purchase fees, so this is a plus. On the other hand, American Express and Visa gift cards will have purchase fees. Amazon gift cards are a great idea as you can shop for almost anything there with no purchase fees either. Unfortunately, Citi credit cards tend to code gift card purchases as Cash Advances and there’ll be a fee. Call in to customer service and lower your Cash Advance limit to $0 before purchasing gift cards. You can also buy discounted gift cards as well from Raise or find gift cards on eBay. |
| • Everyday spending & bills: Always using your credit card for everyday spending, such as for dining, gas, groceries, etc. You can also use your credit card to pay for things like insurance bills, property taxes and income taxes. However, you’ll have to consider the convenience fees. |
What are Mileage Plan Miles Worth?
Compared to other airline branded credit cards, depending on how you decide to use your miles will reflect their value. Typically, every Mileage Plan Mile will be worth $0.018. This is an amazing value compared to the industrial average of $001 for each point for other credit cards in the platform.
You are able to redeem your Mileage Plan miles towards:
- Flights. More than 900 global destinations with Alaska and their worldwide partners.
- Hotel stays. More than 400,000 hotels globally. Pay for your whole reservation with your miles or use a combo of miles and cash.
- Money & Miles discounts. Pay for part of your ticket with miles. 10,000 miles will be equivalent to a $100 discount off base fare.
- First Class upgrades. The 15,000 miles will enable you to get a seat upgrade to First Class.
- Magazines & newspaper subscriptions. Pick from top publishers. Provided by MagsforMiles.
- Donations. Their program partners are: Make-A-Wish, Hero Miles, The Nature Conservancy, and Disaster relife organizations.
To get the best value for your miles, you should use them towards flights. However, reserving your award ticket can be a little confusing. Remember the following provided:
- You won’t be able to combine more than one airline partner in one single schedule list.
- Each partner has their own award chard and restrictions.
- Limited available partner award flights.
Other than than, when you redeem your miles for flights, it’s not going to be the easiest thing to do. If you don’t want to put in the effort and time for your rewards, then you should consider an easier general rewards credit card instead.
However, if you find joy in looking for the best value for your points and their partner airlines, you’ll see that it will show you amazing results. You will be able to see excellent deals for business and first class reservations with their partners.
Alaska Airlines Mileage Plan Partners
| Aer Lingus | Emirates | Korean Air |
| American Airlines | Fiji Airways | LATAM Airlines |
| British Airways | Finnair | PenAir |
| Cathay Pacific | Hainan Airlines | Qantas |
| Condor | Icelandair | Ravn Alaska |
| EL AL Israel Airlines | Japan Airlines | Singapore Airlines |
Alaska Airlines Visa Business Card Top Features
Alaska’s Famous Companion Fare program is an amazing perk for the Alaska Airlines credit card. You’ll be able to receive 1 companion certificate with the introductory bonus offer. You can even get another one every year as an annual perk.
You are able to use this certificate to buy an extra round-trip for as little as $121. There won’t be any blackout dates to stress over.
Normally, airfare will cost you thousands of dollars, with this perk it’s able to decrease the price at a significant amount.
With no more than 6 coworkers, and yourself, you can get 1 free checked bag for each of you. Only if you are going to the same destination. You’re enabled this perk when you fly with Alaska Airlines or one of their airline partners. Even if you didn’t reserve your travel directly with Alaska Airlines.
Since 1 checked bag is normally $25, you would be able to save $175 when you fly with no more than 6 people.
Buy things overseas without having to stress over any foreign transaction fees with the Alaska Airlines Visa Business credit card.
Bottom Line
If you’re a business owner that flies with Alaska Airlines or one of their travel partners often. Then the Alaska Airlines Business credit card is an amazing offer to own.
If you want to use these features to their full potential, then you will need to be strategic about how and when’s a good time to use your miles. If you want a lower maintenance rewards card, then you would want a more malleable rewards credit card.
What’s the Competition?
There are some of Alaska Airlines Business Visa Signature credit card’s top competitors listed below.
The Chase Ink Business PreferredSM Card offers 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,250 toward travel when redeemed through Chase Ultimate Rewards®. You'll earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year; 1 point per $1 on all other purchases - with no limit to the amount you can earn. Furthermore, points are worth 25% more when you redeem for travel through Chase Ultimate Rewards. This card does come with a $95 annual fee but does not have any foreign transaction fees. |
 The Capital One Spark Miles for Business offers a one-time bonus of 50,000 miles - equal to $500 in travel - once you spend $4,500 on purchases within the first 3 months from account opening. Your miles won't expire for the life of the account, and there are no categories to limit where or what you buy and you can earn 2 miles per $1 on every purchase. And 5X miles on hotel and rental car bookings through Capital One TravelSM using a Spark Miles card There is an annual fee of $95, however, there is a $0 intro annual fee for the first year. Enjoy no foreign transaction fees and fly on any airline, anytime, with no blackout dates or seat restrictions. |
Alternative Airline credit cards:
 The Southwest Rapid Rewards® Premier Business Card offers 60,000 points after you spend $3,000 on purchases in the first 3 months your account is open in addition to 6,000 bonus points after your Cardmember anniversary. You'll earn 2 points per $1 spent on Southwest® purchases and Rapid Rewards® hotel and car rental partner purchases; 1 point per $1 spent on all other purchases. This card does carry a $99 annual fee and there are no foreign transaction fees. |
 The Delta SkyMiles® Gold Business American Express Card offers 40,000 bonus miles after you spend $2,000 in purchases on your new Card in the first 3 months. You'll earn 2X miles on every dollar spent on eligible purchases made directly with Delta, on every dollar spent on eligible U.S. purchases for advertising in select media, on every dollar spent on eligible U.S. shipping purchases, on every eligible dollar spent on dining at restaurants. Earn 1 Mile on every eligible dollar spent on purchases. This card carries a $99 annual fee ($0 introductory annual fee for the first year, then $99) (See Rates & Fees). However, there are no foreign transaction fees and you can take $100 off your next Delta flight - after you spend $10,000 in purchases on your Card in a calendar year, you will earn a $100 Delta Flight Credit to use toward future travel. |
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