You cannot get an Alaska Airlines Credit Card with 50,000 bonus miles. The current offer is for 40,000 miles plus a companion fare ticket for spending $2,000 in the first 90 days. The bonus miles are worth hundreds of dollars when redeemed for airfare on Alaska Airlines or one of its 23 partner airlines. Those include American Airlines, British Airways, Korean Air and others. Bonus miles and the companion fare code should appear on your statement within two billing periods after you’ve met the spending requirement. The card has a $75 annual fee.
In addition to the bonus offer, you’ll get one free checked bag on all Alaska Airlines flights for you and up to 6 companions on the same reservation. The Alaska Airlines credit card gives 3 miles per $1 spent directly with Alaska Airlines, 1 mile per $1 spent on all other purchases.
If you’re a business owner, the Alaska Airlines Business Credit Card is very similar to the consumer card. It also offers a bonus of 40,000 miles plus a companion fare ticket for spending $2,000 in the first 90 days. Plus, you’ll need at least good credit to qualify for either card.
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How much 40,000 miles are worth depends on the airline or credit card you earn them from and when you book your flight. On average, 40,000 miles are worth about $400. But it can vary widely. For example, 40,000 AAdvantage miles are worth roughly $456 in American Airlines airfare. With United, 40k miles get you $416 in flights. And 40k Delta miles are worth $532.… read full answer
Here’s how much 40,000 miles are worth by airline:
Credit card miles that aren’t tied to a particular airline typically get you a penny each. But how you redeem your miles is really important, too. For example, the Capital One Venture Card’s 50,000-mile initial bonus is worth $500 when used for travel but just $250 when redeemed for cash.
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