RODNEY BENNETT, Hipster Investor
@rodneyben
There is no Alaska Airlines credit card with 50,000 bonus miles. The current offer is for 40,000 miles and a reduced-price companion fare. The spending requirement is $2,000 in the first 90 days after account opening. The bonus miles are worth around $525 when redeemed for airfare on Alaska Airlines or one of its 17 partner airlines. Those include American Airlines, British Airways, Delta, 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 receive a companion fare deal every year on your account anniversary. Buy an Alaska Airlines ticket at the regular price, and you’ll get a second one for around $121. This includes a $99 fare, plus about $22 to cover taxes and fees. You also 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 on Alaska Airlines purchases and 5 at select restaurants. All other purchases earn 1 mile for every $1 you spend.
If you’re a business owner, the Alaska Airlines Business card is very similar to the Visa card. It also offers a bonus of 40,000 miles and the companion fare deal. Plus, you’ll need at least good credit (700+ credit score) to qualify for either card.
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