- Cardholders get 50% off Alaska Lounge day passes, dropping the price from $50 to $25 per person.
- Cardholders get 20% back on inflight food, beverage, and Wi-Fi purchases when you pay with your card.
Originally posted on 5/6:
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You can now earn 40K Alaska miles for opening the Alaska Airlines Visa® Business credit card from Bank of America and spending $2,000 in the first 90 days.
You’ll also get Alaska’s Famous Companion Fare™ from $121 ($99 fare plus taxes and fees from just $22) after meeting the spending requirement.
Alaska miles are some of the most most valuable and hard to obtain miles.
There is a $75 annual fee ($50 for the company and $25 per card).
With this offer you can bring another passenger with you on a one-way, round-trip, or multi-city paid ticket for just $121 ($99 fare plus taxes and fees from just $22). You can also use your credit card to book companion travel for 2 other people.
This is valid anywhere that Alaska flies to, including Hawaii!
The companion will also earn their full flown miles for their tickets as Alaska still awards miles based on flight distance.
- 3 Alaska miles per dollar on Alaska Airlines purchases and 1 mile per dollar elsewhere.
- There are no foreign transaction fees.
Free checked bag:
The primary cardholder and up to 6 additional guests on the same reservation get a free checked bag on Alaska flights, even on Saver Basic Economy tickets. That’s a savings of $60 round-trip per bag.
Business vs Consumer card:
Bank of America business cards don’t appear on your credit report. That’s good for several reasons.
First of all they won’t count against your 5/24 count for opening new Chase cards. Only cards on your report that have been opened within the past 24 months count for that.
Second, when you spend money on personal cards your credit score will be hurt even if you pay your bill on time. A whopping 30% of your credit score is based on credit utilization. You can pay off your card bill before your statement is generated to avoid that, but that takes effort and laying out money well before you have to. Additionally it’s good to have the statement close with a couple dollars to show the card is active and being paid every month. On a Bank of America business card it’s just not reported, so you can wait until the money is due without it having a negative effect on your score.
Third, if you ever do decide to close a business card it won’t have an effect on your personal credit score.
You may already have a business that needs a card to keep track of expenses. For example if your name is Joe Smith and you sell items online, or if you have any other side business and want a credit card to better keep track of business expenditures you can open a business credit card for “Joe Smith” as the business. You don’t need to file any messy government paperwork to be allowed to do that. Just be sure to select “Sole Proprietorship” as the business type and just use your social security number in the Tax Identification Number field
Alaska miles sweet spots:
Alaska miles are some of the most valuable miles out there. You also can’t transfer points from AMEX, Barclays, Capital One, Chase, or Citi to Alaska, which makes them hard to get. The only decent transfer option is from Marriott at a 60K:25K ratio.
Another amazing benefit is that Alaska allows for a free stopover for as long as you want, even on a one-way award! That means you can visit 3 cities on a round-trip award!
Alaska doesn’t charge any fuel surcharges, except for travel on British Airways.
For example while you need 32.5K AA miles to fly nonstop on lie-flat seats between NYC and Los Angeles or San Francisco:
There are tons of amazing bargains for flights on Cathay Pacific:
- You can use 17.5K Alaska miles for coach, 20K for premium economy, 25K for business, or 35K for first class to fly one way to or from JFK and Vancouver on Cathay Pacific.
- You can use 30K Alaska miles for coach, 35K for premium economy, 50K for business, or 70K for first class to fly one way to or from North America and Asia via Hong Kong on Cathay Pacific.
- You can use 50K Alaska miles for coach, 55K for premium economy, 62.5K for business, or 70K for first class to fly one way to or from North America and Tel Aviv or Johannesburg via Hong Kong on Cathay Pacific.
- You can use 40K Alaska miles for coach, 47.5K for premium economy, 60K for business, or 80K for first class to fly one way to or from North America and Australia or New Zealand via Hong Kong on Cathay Pacific.
- You can use 22.5K Alaska miles for coach, 25K for premium economy, or 30K for business class to fly one way to or from Hong Kong and Tel Aviv on Cathay Pacific. There are no fuel surcharges.
In other words for 50K miles you can fly business class from JFK to Thailand and stopover in Hong Kong for as long as you want. A paid ticket like that can cost over $6,000, imputing a value of 12 cents per Alaska mile!
Or for 70K miles you can fly first class class from JFK to Hong Kong, stopover in Hong Kong for as long as you want, and then fly in business class to Tel Aviv. A paid ticket like that can cost over $25,000, imputing a value 36 cents per Alaska miles! If you wanted to use American miles for this it would cost 150K miles!
Alaska requires that you call them up to book travel on Cathay Pacific, you can’t search for these awards online.
Cathay Pacific is famous for their wonderful first class where they offer the best bed comfort, seat comfort, and pajamas in the industry. It doesn’t offer walled-in suites or the hands-on service of Singapore and it doesn’t have onboard showers like Emirates or Etihad, but I don’t think any first class can compete with Cathay’s ultra-comfy seat and bed arrangement.
Cathay Pacific is known for releasing lots of award space as it gets within 2 weeks of a flight. They increase the amount of award space with each passing day if the flight has seats for sale.
It might not be a bargain, but you can avoid paying hefty fuel surcharges on Emirates flights with Alaska miles. You can use 42.5K Alaska miles for coach, 82.5K for business, or 150K for first (shower) class to fly one way to or from North America and the Middle East on Emirates.
Alaska also has bargains on other airlines:
- You can use 30K Alaska miles for coach or 50K for business to fly one way to or from North America and Asia on Hainan.
- You can use 35K Alaska miles for coach, 60K for business, or 70K for first class to fly one way to or from North America and Asia via Tokyo on JAL.
- You can use 25K Alaska miles for coach or 45K for business to fly one way to or from North America and South America on LATAM. You’ll need to call Alaska to book travel on LATAM.
- You can use 42.5K Alaska miles for coach, 47.5K for premium economy, 55K for business, or 70K for first class to fly one way to or from North America and Australia or New Zealand on Qantas.
- You can use 40K Alaska miles for coach or 55K for business to fly one way to or from North America and Australia, New Zealand, or the South Pacific on Fiji Airlines.
For example you would need 110K AA miles to fly in business class to Fiji, have a stopover there, and then fly to Australia. Alaska charges just 55K miles for the same itinerary:
There are lots of other Alaska mileage bargains, post which ones are your favorites!
Need more Alaska miles? You can buy them on sale here.
Will you signup for the Alaska Airlines Visa® Business credit card?