It looks like the signup bonus on one of my favorite airline cards – the Bank of America Alaska Airlines Card – will be increasing in May!
I have previously written about why Alaska Airlines is a program you should not be overlooking, so I will not rehash all of the reasons why I love Alaska Airlines’ award program here. In short, especially in light of the impending March 22nd American Airlines devaluation, Alaska Airlines miles are, in my opinion, the single most valuable airline miles you can have.
Per a report from Doctor of Credit, which cites a SEC filing, the signup bonus on the co-branded Alaska Airlines card offered by Bank of America will be increased to 30,000 miles in May. The Alaska Airlines card currently has 2 publicly available offers: one offer is for 25,000 miles upon approval with a $75 annual fee (which is not waived for the first year);
The second offer is for 25,000 miles upon approval plus a $100 statement credit after you spend $1,000 in the first 3 months of having the card, with a $75 annual fee (which is not waived for the first year).
To get the second offer, you need to make a dummy booking via the Alaska Airlines website and sign up for the offer there.
In May, the signup bonus will increase to 30,000 miles after $1,000 spend in the first 3 months. It is unclear whether the $100 statement credit offer will remain or not, though I suspect it will disappear once the new bonus offer kicks in.
It is also worth noting that this card has traditionally been churnable, meaning you could earn the signup bonus multiple times.
While I love seeing increased signup bonuses on cards, I think this increase becomes a wash since the new bonus will require a minimum spend. One of the benefits of the Alaska Airlines card has always been that you receive the miles upon approval. It is also interesting to note that Alaska is not increasing their bonus to 50,000 miles, which would compete with most of the other major airline cards.
Will you be waiting for the increased signup bonus on this card?
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