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What do you get when you combine highly valuable airline miles, a valuable companion ticket each year, free checked bags, and a strong earning structure? You get the Alaska Airlines Visa® Business card from Bank of America.
The card offers valuable ongoing benefits that more than justify the annual fee — which is $70 for the company and $25 per card. But that's assuming the benefits and earning structure work for your needs as you accrue Alaska Mileage Plan miles.
Should you apply for this card? Let's take a closer look so you can make an informed decision.
- Get 60,000 bonus miles and Alaska's Famous Companion Fare™ ($99 fare plus taxes and fees from $23) after you make $4,000 or more in purchases within the first 90 days of opening your account.
- Earn another Alaska's Famous Companion Fare™ ($99 fare plus taxes and fees from $23) each account anniversary after spending $6,000 or more on purchases within the prior anniversary year.
- Free checked bag for any cardholder and up to 6 guests on the same reservation, when you pay for your flight with your card - that's a savings of $70 per person roundtrip!
- Priority Boarding for any cardholder when paying for the flight with an Alaska Airlines Business card.
- Earn 3 miles for every $1 spent on eligible Alaska Airlines purchases, 2 miles for every $1 spent on eligible gas, EV charging station, shipping and local transit (including rideshare) purchases and 1 mile for every $1 spent on all other purchases.
- Earn a 10% rewards bonus on all miles earned from card purchases if your company has an eligible Bank of America® small business account.
- Enjoy 20% back on Alaska Airlines inflight purchases when you pay with your new card.
- Get $100 off an annual Alaska Lounge+ Membership purchased with your Alaska Airlines Business card.
- Plus, no international transaction fees and a low annual fee of $70 for the company and $25 per card.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
- Earn 3 miles for every $1 spent on eligible Alaska Airlines purchases
- Earn 2 miles for every $1 spent on eligible gas, EV charging station, shipping and local transit (including rideshare) purchases
- Earn 1 mile for every $1 spent on all other eligible purchases
Page Contents
Alaska Business Card Pros
- Complimentary checked bags and priority boarding on Alaska Airlines flights.
- Annual Companion Fare provides ongoing value.
- 10% rewards bonus for qualifying Bank of America account holders.
Alaska Business Card Cons
- Annual fee of $70 for the company and $25 per card.
- Bonus earning rates won't work for many businesses.
- In-flight purchase discount and lounge membership discount won't interest most travelers.
Alaska Business Card Welcome Offer
The Alaska Business Card is currently offering 60,000 bonus miles plus Alaska's Famous Companion Fare™ from $122 ($99 fare plus taxes and fees from $23) after you make $4,000 or more in purchases within the first 90 days of opening your account.
The Companion Fare lets you bring another person on an Alaska Airlines flight with you for just a $99 fare plus taxes and fees (from $23). There's no limit to the ticket cost against which you can redeem this Companion Fare.
As to what the miles are worth, consider that AwardWallet users typically redeem Alaska miles for 2.1¢ apiece. That's higher than most airline programs — by a long shot on some of them.
Related: Alaska Miles Value: Guide To Understanding and Maximizing Your Travel Rewards
Alaska Business Card Benefits
The Alaska Business Card provides several ongoing benefits that endure past the welcome offer.
Annual Companion Fare for cardholders
Every year on the account opening anniversary, you receive a Companion Fare code in your Alaska Mileage Plan account. The code is valid on Alaska Airlines for a round-trip or one-way coach companion fare. The companion fare starts from $122, which breaks down as $99 for the base fare plus taxes and fees starting at $23, depending on the itinerary.
Cardholders benefit from the annual companion fare after spending $6,000 in the previous anniversary year. To use the code, both the primary and companion fares must be paid for using your Alaska Business Card.
Related: The Ultimate Guide to Companion Fares, Companion Passes & Companion Tickets
First checked bag free
Every time you fly with Alaska, you will receive your first checked bag free. This perk can add up to substantial savings over time, especially when you consider that it also applies to up to six other passengers on the same reservation as you.
Consider that Alaska charges $35 for the first checked bag. If you take only one round-trip per year with a family of four, that's a savings of $280. That more than makes up for the card's annual fee.
Related: Alaska Bags Delayed? Get 2,500 Bonus Alaska Miles or $25 if It Takes More Than 20 Minutes
Lounge membership discount
Save $100 on an Alaska Lounge+ Membership if you pay with your Alaska Business Card.
Related: How To Save on an Alaska Airlines Lounge Membership
Priority boarding
Get priority boarding on Alaska Airlines flights if you paid for the flight with this card.
20% off in-flight purchases
Receive a 20% rebate as a statement credit every time you use your card for eligible in-flight purchases. The rebate applies to food, beverages, and Alaska Wi-Fi purchases. You can expect this statement credit to hit your account within seven days of the transaction posting date.
Alaska Business Card Earning Rates
With the Alaska Business Card, you'll earn as follows:
- Get 60,000 bonus miles and Alaska's Famous Companion Fare™ ($99 fare plus taxes and fees from $23) after you make $4,000 or more in purchases within the first 90 days of opening your account.
- Earn another Alaska's Famous Companion Fare™ ($99 fare plus taxes and fees from $23) each account anniversary after spending $6,000 or more on purchases within the prior anniversary year.
- Free checked bag for any cardholder and up to 6 guests on the same reservation, when you pay for your flight with your card - that's a savings of $70 per person roundtrip!
- Priority Boarding for any cardholder when paying for the flight with an Alaska Airlines Business card.
- Earn 3 miles for every $1 spent on eligible Alaska Airlines purchases, 2 miles for every $1 spent on eligible gas, EV charging station, shipping and local transit (including rideshare) purchases and 1 mile for every $1 spent on all other purchases.
- Earn a 10% rewards bonus on all miles earned from card purchases if your company has an eligible Bank of America® small business account.
- Enjoy 20% back on Alaska Airlines inflight purchases when you pay with your new card.
- Get $100 off an annual Alaska Lounge+ Membership purchased with your Alaska Airlines Business card.
- Plus, no international transaction fees and a low annual fee of $70 for the company and $25 per card.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
- Earn 3 miles for every $1 spent on eligible Alaska Airlines purchases
- Earn 2 miles for every $1 spent on eligible gas, EV charging station, shipping and local transit (including rideshare) purchases
- Earn 1 mile for every $1 spent on all other eligible purchases
The Alaska Business Card isn't as attractive as some of its competitors when it comes to earning rates in broadly defined, popular business spending categories like travel, advertising, and computer equipment. Companies with significant shipping expenses or businesses that spend a lot on fuel or EV charging can earn 2X miles per dollar on those purchases, but overall, the card doesn't stand out for its earning rates.
However, the Alaska Business Card does offer one earning-related benefit that deserves attention: If your company has an eligible Bank of America® small business account, you'll earn a 10% rewards bonus on all miles earned from card purchases. That means you'll earn 3.3X, 2.2X, or 1.1X across the spending categories.
Related: Do Alaska Miles Expire?
Redeeming Miles With the Alaska Business Card
Alaska Mileage Plan miles are extremely valuable, thanks to a robust ever-growing partner network on which you can redeem your miles. It doesn't matter if you never go to Alaska — though you can unlock excellent value on flights there, too.
When it comes to redeeming your Alaska miles, there are plenty of solid options. You can redeem your miles across the entire Oneworld network, as well as other partners like Air Tahiti Nui, Condor, El Al, Icelandair, Singapore Airlines, and Starlux.
It's also possible to use your miles for things beyond flights, such as hotels, upgrades, charity donations, magazines, Wi-Fi, and more. However, these tend to provide lower value than redeeming miles for flights. You should aim to get at least 1.31¢ per mile when redeeming Alaska miles, as that's what our users get (on average) when redeeming miles for short-haul economy flights. Anything above that is even better.
Related: The Best Alaska Airlines Mileage Plan Award Chart Sweet Spots
Application Restrictions and Strategy
Bank of America imposes some eligibility criteria on its credit card applications. First, you may not be eligible for the bonus on this card if you've received a bonus on this same card within the past 24 months. Next, Bank of America's 2/3/4 rule imposes a limit of:
- Two new Bank of America cards within two months
- Three new Bank of America cards within 12 months
- Four new Bank of America cards within 24 months
Bank of America also has a rule under which it determines your eligibility based on how many cards you've opened across all banks, based on what's showing on your credit report. It works like this:
- If you have a deposit account with Bank of America: Your card application will be denied if you've opened seven new cards in the past 12 months, based on what's showing on your credit report.
- If you DO NOT have a deposit account with Bank of America: Your card application will be denied if you've opened three new cards in the past 12 months.
As you might expect, this card is for business use, but you might be surprised by how easy it is to qualify as a small business.
Related: How to Get a Business Credit Card
Cards That Compete With the Alaska Business Card
The Alaska Business Card doesn't make sense for every business owner. But some of its closest competitors might be a better fit instead:
- If you want a small business card from a different Oneworld airline, the Citi® / AAdvantage Business™ World Elite Mastercard® could be a winner. The annual fee is $99, waived for first 12 months, and you'll earn AA miles that you can redeem with dozens of partners quite easily. You'll also enjoy free checked bags, in-flight purchase discounts, priority boarding, and earning Loyalty Points toward AA status from purchases on the card. You can also earn a companion ticket by spending on the card each year. Learn more in our Citi AAdvantage Business Card review.
- If you want an airline card but aren't tied to Oneworld, The New United℠ Business Card offers several interesting benefits. There's no companion ticket, but you'll get 5,000 bonus miles each year if you hold a United personal and business credit card, can spend toward status through purchases, get a free checked bag on United flights, priority boarding, and can earn a $125 United travel credit each year. Our full United Business Card review has additional details.
- If you want a card with points you can use in numerous ways, consider the Ink Business Preferred® Credit Card. With this card, you can redeem your points with 14 airline and hotel partners, redeem as cash back, or purchase travel in the portal by using your points at up to 1.75 cents per point (depending on your specific redemption). You'll earn 3X on up to $150,000 of annual spending on popular business categories, but you won't have any airline-specific benefits like free checked bags. Read our full Chase Ink Preferred review to learn more.
- Earn 2X miles for every $1 spent on cable and satellite providers
- Earn 2X miles for every $1 spent at gas stations
- Earn 2X miles for every $1 spent on select telecommunications merchants
- Earn 2X miles for every $1 spent on car rentals
- Earn 2X miles for every $1 spent on eligible American Airlines purchases
- Earn 1X mile for every $1 spent on all other purchases
- 2x on United® purchases
- 2x on local transit and commuting — including train tickets, taxicabs, mass transit, tolls and ride share services
- 2x at gas stations, restaurants and office supply stores
- 1x on all other purchases
- 3X points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year
- 1X point per $1 on all other purchases
Final Thoughts
The Alaska Business Card has a robust set of features and benefits that justify the ongoing annual fee. You'll get a Companion Fare, free checked bags, priority boarding, and valuable airline miles from your daily spending. Plus, there's a valuable welcome bonus available to new applicants.
The earning rates won't work for every business, but this card could be a valuable addition to your wallet if you're able to make use of the ongoing perks.
- Get 60,000 bonus miles and Alaska's Famous Companion Fare™ ($99 fare plus taxes and fees from $23) after you make $4,000 or more in purchases within the first 90 days of opening your account.
- Earn another Alaska's Famous Companion Fare™ ($99 fare plus taxes and fees from $23) each account anniversary after spending $6,000 or more on purchases within the prior anniversary year.
- Free checked bag for any cardholder and up to 6 guests on the same reservation, when you pay for your flight with your card - that's a savings of $70 per person roundtrip!
- Priority Boarding for any cardholder when paying for the flight with an Alaska Airlines Business card.
- Earn 3 miles for every $1 spent on eligible Alaska Airlines purchases, 2 miles for every $1 spent on eligible gas, EV charging station, shipping and local transit (including rideshare) purchases and 1 mile for every $1 spent on all other purchases.
- Earn a 10% rewards bonus on all miles earned from card purchases if your company has an eligible Bank of America® small business account.
- Enjoy 20% back on Alaska Airlines inflight purchases when you pay with your new card.
- Get $100 off an annual Alaska Lounge+ Membership purchased with your Alaska Airlines Business card.
- Plus, no international transaction fees and a low annual fee of $70 for the company and $25 per card.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
- Earn 3 miles for every $1 spent on eligible Alaska Airlines purchases
- Earn 2 miles for every $1 spent on eligible gas, EV charging station, shipping and local transit (including rideshare) purchases
- Earn 1 mile for every $1 spent on all other eligible purchases
For rates and fees of the cards mentioned in this post, please visit the following links: The New United℠ Business Card (Rates & Fees), and Ink Business Preferred® Credit Card (Rates & Fees)
The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
