New Alaska Signature Card Welcome Bonus [60k Miles and Companion Fare]

While the Alaska Airlines Visa Signature^® credit card may not receive as much attention as other travel cards, Alaska Airlines’ Mileage Plan stands out as one of our preferred loyalty programs, and its miles can hold significant value.

With an increased welcome offer that includes more miles plus a companion fare, now might be the best time to apply if you’ve been eyeing this card.

Let’s take a look at the details.

New Alaska Signature Card Welcome Offer

New Offer: Get 60,000 bonus miles plus a $0 Companion Fare ($0 fare plus taxes and fees from $23) after you make $3,000 or more in purchases within the first 90 days.

We value Alaska Airlines miles at 1.6 cents apiece, making this Alaska Signature card offer worth $960 before even factoring in the companion fare.

Alaska Signature Card Benefits

The Alaska Signature card has a $95 annual fee but also a long list of benefits that easily outweigh that cost, including:

• Alaska’s Famous Companion Fare from $122 ($99 fare plus taxes and fees from just $23) after you spend $6,000 or more on purchases within the prior card anniversary year
• 3x miles on all Alaska purchases, 2x miles on gas, cable, streaming services, and local transit purchases, along with 1x miles on all other purchases
• Free checked bag and priority boarding for you and up to 6 guests on the same reservation
• 20% back on all Alaska Airlines inflight purchases
• $100 off an annual Alaska Lounge+ Membership
• 10% rewards bonus on all miles earned from card purchases if you have an eligible Bank of America account
• No foreign transaction fees

Plus, through the end of 2024, for every $10,000 you spend on purchases, you’ll automatically earn 4,000 elite-qualifying miles (EQMs), up to 20,000 EQMs total towards elite status.

Best Use of Alaska Airlines Mileage Plan Miles

There is a reason that Alaska Airlines Mileage Plan is one of our favorite loyalty programs.

Not only does it have its own unique network (plus now the addition of Hawaiian Airlines‘), but it is also part of the Oneworld alliance, so you can travel pretty much anywhere with Alaska miles — often at very competitive rates.

Whether you want to fly to London in first class, or Fiji in business class, Alaska miles can get you there and beyond for a fair price.

Heck, you can even use them to fly Qatar Airways to the Middle East for as low as 35,000 miles!

Final Thoughts

Alaska miles can be extremely valuable (if used strategically), so if you have been considering applying for the Alaska Signature card, now is a great time.

With an elevated offer and companion fare, it doesn’t get much better than this.