Bank of America is offering 65,000 miles for a new Alaska Airlines Visa Signature: 40,000 after $2000 spend within 3 months, and 25,000 more miles after $8000 total spend within 6 months. This offer has been around since late summer.
Seven years ago I spotted a 50,000 mile offer. There is now also a 50,000 mile offer after $2000 spend within 90 days.
This is the biggest offer I’ve ever seen for an Alaska Airlines Mileage Plan card – historically bonuses have been meager, though the $75 annual fee card does come with an annual companion ticket that’s actually really useful – a second person travels for $99+tax to anywhere Alaska flies, and space is available as long as there’s another seat for sale on the aircraft.
Ongoing earn for spend with Alaska cards is weak – this gives you triple miles on Alaska purchases but just a mile per dollar on everything else. You do get free checked bags when flying Alaska Airlines of course.
When thinking about applying for this card consider:
- Bank of America now has a 24 month rule – they won’t generally approve you if you currently have this card or have had it in the last 24 months.
- As a bank they’ll only approve you for 2 cards every 2 months, 3 cards every 3 months, and 4 cards every 24 months.
- Plus if you’ve had more than 2 new cards from any bank in the last 12 months they may not approve you, unless you’re a Bank of America deposit account customer in which case their limit seems to be 6 new cards in the last 12 months.
I’ve certainly had Alaska cards in my time, though do not currently have one and haven’t in the last 24 months – so this is something I’ll consider.
The value proposition for Alaska miles of course is their myriad airline partnerships and reasonable award chart. Cathay Pacific (which Alaska admittedly has less access to award seats on than other Cathay partners do) is an especially great value as is Japan Airlines.
(HT: Doctor of Credit)