Alaska Airlines Visa® Business Credit Card Review for 2022
Tricia has nearly two decades of experience in commercial and federal government lending. Her expertise is highlighted throughout small business loan content on Fit Small Business.
Nancy Fernandez is a Credit Card and Insurance Expert at Fit Small Business, specializing in business credit cards and business insurance.
This article is part of a larger series on Best Small Business Credit Cards.
The Alaska Airlines Visa® Business credit card from Bank of America is designed for business owners who travel with Alaska Airlines frequently. This business credit card offers travel perks like Alaska’s Famous Companion FareTM from $121 every year―on Alaska flights purchased via alaskaair.com―and free checked baggage for you and up to six guests.
If you wish to compare one card over another, select a maximum of three cards on this page and click Add to compare to view the details in a side-by-side comparison.
Alaska Airlines Visa® Business credit card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Travel rewards on Alaska Airlines travel
Intro APR
N/A
Regular APR
17.49% to 25.49% Variable APR on purchases
Annual Fee
$75 for the company and $25 per card
Credit Needed
Excellent
- Get 40,000 bonus miles plus Alaska's Famous Companion Fare from $121 ($99 fare plus taxes and fees from $22) with this offer. To qualify, make purchases of $2,000 or more within the first 90 days of opening your account.
- Get Alaska's Famous Companion Fare™ from $121 ($99 plus taxes and fees from $22) every year! That's right, each year on your account anniversary get a companion fare from $121 ($99 plus taxes and fees from $22). Valid on all Alaska flights booked on alaskaair.com with no blackout dates.
- Save with a free checked bag on Alaska flights for you and up to six other guests on the same reservation.
- Earn 3 miles for every $1 spent directly on Alaska Airlines purchases and 1 mile for every $1 spent on all other purchases.
- 50% off Alaska Lounge day passes and 20% back on inflight food, beverage and Wi-Fi purchases when you pay with your card.
- Get exclusive access to discounted redemption levels when you redeem miles for hotel stays at more than 400,000 properties using Alaska Airline Hotels.
- Earn unlimited miles and travel with no blackout dates and no international transaction fees.
- Enjoy many money-saving benefits, 800-plus destinations, more than a dozen global airline partners, and a low annual fee of $50 for the company and $25 per card.
Pros
- Sign-up bonus
- Discounted companion fare
Cons
- Employee cards aren’t free
- No introductory 0% APR
- No free annual fee period
Bank of America does not disclose detailed information on their credit card features. Please refer to your guide to benefits for complete benefit details:
- Free checked bag: Get a free checked bag for you and up to six guests on the same reservation.
- Purchase security: Bank of America may replace, repair, or reimburse you for purchased items that have been stolen or damaged.
- Extended protection: Receive an additional warranty coverage period in addition to the manufacturer’s warranty.
- Auto rental collision damage waiver: Receive coverage for car rental vehicles when you use the card for the entire purchase.
- Travel and emergency assistance services: Includes up to $1 million in travel accident insurance and emergency ticket replacement.
Intro APR
N/A
Regular APR
17.49% to 25.49% Variable APR on purchases
Annual Fee
$75 for the company and $25 per card
Credit Needed
Excellent
- Get 40,000 bonus miles plus Alaska's Famous Companion Fare from $121 ($99 fare plus taxes and fees from $22) with this offer. To qualify, make purchases of $2,000 or more within the first 90 days of opening your account.
- Get Alaska's Famous Companion Fare™ from $121 ($99 plus taxes and fees from $22) every year! That's right, each year on your account anniversary get a companion fare from $121 ($99 plus taxes and fees from $22). Valid on all Alaska flights booked on alaskaair.com with no blackout dates.
- Save with a free checked bag on Alaska flights for you and up to six other guests on the same reservation.
- Earn 3 miles for every $1 spent directly on Alaska Airlines purchases and 1 mile for every $1 spent on all other purchases.
- 50% off Alaska Lounge day passes and 20% back on inflight food, beverage and Wi-Fi purchases when you pay with your card.
- Get exclusive access to discounted redemption levels when you redeem miles for hotel stays at more than 400,000 properties using Alaska Airline Hotels.
- Earn unlimited miles and travel with no blackout dates and no international transaction fees.
- Enjoy many money-saving benefits, 800-plus destinations, more than a dozen global airline partners, and a low annual fee of $50 for the company and $25 per card.
Pros
- Sign-up bonus
- Discounted companion fare
Cons
- Employee cards aren’t free
- No introductory 0% APR
- No free annual fee period
Bank of America does not disclose detailed information on their credit card features. Please refer to your guide to benefits for complete benefit details:
- Free checked bag: Get a free checked bag for you and up to six guests on the same reservation.
- Purchase security: Bank of America may replace, repair, or reimburse you for purchased items that have been stolen or damaged.
- Extended protection: Receive an additional warranty coverage period in addition to the manufacturer’s warranty.
- Auto rental collision damage waiver: Receive coverage for car rental vehicles when you use the card for the entire purchase.
- Travel and emergency assistance services: Includes up to $1 million in travel accident insurance and emergency ticket replacement.
How We Evaluate Travel Rewards Business Credit Cards
When evaluating travel rewards business credit cards like Alaska Airlines Visa® Business, we consider the introductory rewards, ongoing rewards, and additional card features. We also take into account the cards’ annual fees and annual percentage rates (APRs).
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Introductory Rewards | 20 | 25 |
Ongoing Rewards | 20 | 25 |
Additional Features | 22 | 25 |
Annual Fee | 13 | 15 |
Introductory APR | 0 | 5 |
Ongoing APR | 1 | 5 |
Total Score | 76 | 100 |
If you prefer another Bank of America credit card, check out our review of the best Bank of America Business Credit Cards. You may also want to take a look at our list of the leading small business credit cards to find other options.
Who the Alaska Airlines Visa® Business Credit Card Is Best For
- Business owners who primarily fly with Alaska Airlines: You can redeem miles with no blackout dates on any of its 1,200 daily flights to more than 1,000 destinations with over a dozen global airline partners.
- Business owners who usually check baggage and travel with companions: The card offers you and up to six other travel companions one free checked baggage each.
Alaska Airlines Visa® Business Credit Card Fees
- Introductory APR: None
- Ongoing APR: 16.74% to 24.74% variable—adjusts with the prime rate
- Balance transfer APR: 16.74% to 24.74% variable—adjusts with the prime rate
- Cash advance APR: 24.99%
- Penalty APR: None
- Annual fee: $50 per company, $25 per card
- Balance transfer fee: $10 or 4% of the amount of each transaction, whichever is greater
- Foreign transaction fee: None
- Cash advance fee: $10 or 4% of the amount of each transaction, whichever is greater; an exemption shall be made if Overdraft Protection Cash Advance is enrolled
- Late payment fee
- $19 if balance is less than or equal to $100
- $29 if $100.01 to $1,000
- $39 if $1,000.01 to $5,000
- $49 if greater than $5,000
Alaska Airlines Visa® Business Credit Card Rewards
- 40,000 Bonus Miles and Alaska’s Famous Companion Fare™ from $121 ($99 fare plus taxes and fees from $22); available if you spend $2,000 or more in purchases within the first 90 days of opening your account
- Unlimited 3 miles for every dollar spent directly on Alaska Airlines purchases
- 1 mile for every dollar spent on all other purchases.
- Earn or redeem miles to more than 1,000 destinations worldwide with oneworld® Alliance member airlines and its Global Partners
- 50% off day passes at the Alaska Lounge and 20% back on all Alaska Airlines in-flight purchases when you pay with your card
You can redeem your rewards by booking a one-way flight. You can also use miles to upgrade your one-way Alaska Airlines reservation to first-class seating or free nights and room discounts at more than 400,000 properties worldwide. You can even enjoy flexibility when booking. There are no blackout dates on Alaska Airlines flights, and miles don’t expire on active accounts.
How To Make Payments on the Alaska Airlines Visa® Business Credit Card
- Phone: Call (800) 236-6497 and follow the prompts. There’s no fee to make a payment via phone.
- Bank of America Mobile Banking: Log in to the app, select your business credit card, and click “Make a payment.”
- Mail: Send your payment via the following address:
Business Card Payments
Bank of America Business Card
PO Box 15710
Wilmington, DE 19850-5710
- Financial center or ATM: Drop off your payment at any Bank of America financial center or make a payment at one of the ATMs available.
- Website: Log in to Bank of America’s Online Banking site, select the “Bill Pay” tab, and follow the prompts.
Alaska Airlines Visa® Business Credit Card Additional Features
Auto Rental Insurance
Bank of America provides insurance, which covers the car rental in case of an accident or theft when you rent a car using your Alaska Airlines Visa® Business Credit Card card. Refer to your guide on benefits to learn about protection coverage and exclusions.
Travel & Emergency Services
Bank of America provides travel services, which include $,100,000 in travel accident insurance. Additional services include emergency ticket replacement, lost-luggage assistance, and legal and medical referrals when away from home.
Zero Liability Protection
With zero liability protection, you can stay protected against unauthorized transactions. Bank of America also offers protections that cover certain purchases against loss, damage, theft, or fire and provides extended warranty coverage.
Fraud Monitoring
Bank of America will block potential fraud if it detects abnormal patterns in your transactions. It’ll also notify you if the bank suspects any fraudulent activity.
Overdraft Protection
With Balance ConnectTM, an optional service, you get overdraft protection when you link your card to your business checking account. This helps you avoid returned checks and declined purchases.
Pros & Cons of the Alaska Airlines Visa® Business Credit Card
| PROS | CONS |
|---|---|
| Sign-up bonus: You can earn 40,000 Bonus Miles plus Alaska's Famous Companion Fare™ when you meet purchase requirements. | Employee cards aren’t free: The issuer charges an annual fee of $50 per company plus $25 per employee card. |
| Discounted companion fare: You'll receive this each year, allowing you to book a companion flight for just $121. | No introductory 0% APR: You can’t take advantage of interest-free financing. |
| No free annual fee period: You’ll be charged an annual fee of $50 per company right away. | |
Alaska Airlines Visa® Business Credit Card Alternatives
American Express Blue Business® Plus
American Express Blue Business® Plus is an excellent alternative if you want a no-annual-fee, low-interest credit card that offers points-based rewards on all purchases. It has a 0% introductory rate for 12 months and is a good option if you need to spend beyond your credit limit. In addition, it features a low ongoing APR at 16.24% to 24.24% variable and adjusts with the prime rate. That’s why the card is included in our guides to the best small business credit cards, best business credit cards with no annual fee, and best high-limit business credit cards.
The Blue Business® Plus Credit Card from American Express
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Pocketing 2x points per $1 and 0% introductory APR for 12 months
Intro APR
0% on purchases
Regular APR
16.24% - 24.24% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases on the Card within your first 3 months of Card Membership.
- Earn 2X Membership Rewards® points on everyday business purchases such as office supplies or client dinners. 2X applies to the first $50,000 in purchases per year, 1 point per dollar thereafter.
- You’ve got the power to use your Card beyond its credit limit* with Expanded Buying Power.
- *The amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 16.24% - 24.24%, based on your creditworthiness and other factors at account opening.
- No Annual Fee
- Terms Apply
Pros
- No annual fee
- 0% APR for 12 months on purchases and balance transfer
- Welcome offer bonus points
- Expanded buying power
- Fixed-rate rewards
Cons
- Cash advances aren’t allowed
- Charges foreign transaction fees
- 2x points rewards are capped at $50,000 in spending
- Extended warranty protection: American Express will match the length of the original manufacturer’s warranty if it’s less than two years. It provides an additional two years if the original manufacturer’s warranty is between two and five years. Coverage is limited to $10,000 per occurrence and $50,000 per account each year.
- Purchase protection: The issuer will repair, replace, or reimburse you for an item purchased with the card that was damaged or stolen within 120 days of purchase. Coverage is limited to $1,000 per occurrence and $50,000 per account each year.
Intro APR
0% on purchases
Regular APR
16.24% - 24.24% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases on the Card within your first 3 months of Card Membership.
- Earn 2X Membership Rewards® points on everyday business purchases such as office supplies or client dinners. 2X applies to the first $50,000 in purchases per year, 1 point per dollar thereafter.
- You’ve got the power to use your Card beyond its credit limit* with Expanded Buying Power.
- *The amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 16.24% - 24.24%, based on your creditworthiness and other factors at account opening.
- No Annual Fee
- Terms Apply
Pros
- No annual fee
- 0% APR for 12 months on purchases and balance transfer
- Welcome offer bonus points
- Expanded buying power
- Fixed-rate rewards
Cons
- Cash advances aren’t allowed
- Charges foreign transaction fees
- 2x points rewards are capped at $50,000 in spending
- Extended warranty protection: American Express will match the length of the original manufacturer’s warranty if it’s less than two years. It provides an additional two years if the original manufacturer’s warranty is between two and five years. Coverage is limited to $10,000 per occurrence and $50,000 per account each year.
- Purchase protection: The issuer will repair, replace, or reimburse you for an item purchased with the card that was damaged or stolen within 120 days of purchase. Coverage is limited to $1,000 per occurrence and $50,000 per account each year.
Chase Ink Business Unlimited®
Chase Ink Business Unlimited® card is best for business owners who don’t have any credit history because of its straightforward rewards—a cash back fixed rate of 1.5% for every dollar spent on any business purchase. It also has interest-free financing of 0% APR for the first 12 months after account opening and a low ongoing APR of 15.49% to 21.49% variable and adjusts with the prime rate. These reasons landed it a spot on our roundups of the leading small business credit cards and top credit cards for new businesses with no credit history.
Ink Business Unlimited® Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Pocketing 1.5% cash back on every single purchase
Intro APR
0% Intro APR on Purchases
Regular APR
15.49% - 21.49% Variable
Annual Fee
$0
Credit Needed
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the US and abroad
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or less
Intro APR
0% Intro APR on Purchases
Regular APR
15.49% - 21.49% Variable
Annual Fee
$0
Credit Needed
Good, Excellent
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the US and abroad
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or less
U.S. Bank Business Platinum
If you have an active checking or savings account with U.S. Bank, then you may want to consider getting the U.S. Bank Business Platinum Card. Not only does it have long interest-free financing of 0% APR on purchases and balance transfers for the first 20 billing cycles after account opening, but it also has one of the low ongoing APRs at 13.49% to 22.49% variable, which adjusts with the prime rate. It should be noted, though, that this business credit card doesn’t have any ongoing rewards system despite charging a low APR. These features earned a place in our rankings of the best small business credit cards, best sole proprietorship business credit cards, and best business credit cards that don’t report to personal credit.
U.S. Bank Business Platinum Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Extended 0% APR period on purchases and balance transfers
Intro APR
0% Intro APR on purchases and balance transfers for 20 billing cycles.
Regular APR
14.24% - 23.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Limited time offer: 0% Intro APR on purchases and balance transfers for 20 billing cycles. After that, a variable APR currently 14.24% - 23.24%.
- U.S. Bank Business Platinum Card
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
- Expense management tool VISA Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- Offers a long 0% APR introductory period
- 0% APR applies to both purchases and balance transfers
- No annual fee
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Excellent/good credit score needed to qualify
- Extended warranty protection: U.S. Bank will double an original manufacturer’s warranty up to an additional one year for warranties of three years or less. Coverage is limited to $10,000 per item.
- Purchase protection: U.S. Bank offers purchase protection for items that are damaged or stolen within 90 days of purchase. The coverage is limited to $500 per claim and up to $50,000 per cardholder, per year.
Intro APR
0% Intro APR on purchases and balance transfers for 20 billing cycles.
Regular APR
14.24% - 23.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Limited time offer: 0% Intro APR on purchases and balance transfers for 20 billing cycles. After that, a variable APR currently 14.24% - 23.24%.
- U.S. Bank Business Platinum Card
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
- Expense management tool VISA Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- Offers a long 0% APR introductory period
- 0% APR applies to both purchases and balance transfers
- No annual fee
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Excellent/good credit score needed to qualify
- Extended warranty protection: U.S. Bank will double an original manufacturer’s warranty up to an additional one year for warranties of three years or less. Coverage is limited to $10,000 per item.
- Purchase protection: U.S. Bank offers purchase protection for items that are damaged or stolen within 90 days of purchase. The coverage is limited to $500 per claim and up to $50,000 per cardholder, per year.
Bottom Line
Alaska Airlines Visa® Business Credit Card is best for business owners who travel with Alaska Airlines frequently and want to enjoy travel perks like free checked baggage and discounted companion fares. If this card isn’t what you need, check out our guide to the best small business credit cards or our Credit Card Marketplace to find options.
