Alaska Airlines Visa® Business Credit Card Review for 2023
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.
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, choose a maximum of three cards on this page and click Add to compare to view their 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:
Those who fly with Alaska Airlines frequently
Intro APR
N/A
Regular APR
20.24% to 28.24% 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
- With sign-up bonus
- Doesn’t charge foreign transaction fees
- Has no penalty APR
Cons
- Doesn’t have a 0% introductory APR period on purchases and balance transfers
- Charges annual fees
- Requires excellent credit
- Access to a business credit score: Bank of America lets you view and monitor your Dun & Bradstreet business credit score for free through Business Advantage 360.
- Zero liability protection: Stay protected against unauthorized transactions. Bank of America offers additional 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 it suspects any fraudulent activity.
- Free checked bag benefit: Those with an open account at the time of travel and up to six guests traveling on the same reservation may check one bag free of charge on qualifying reservations.
- Rebate on food, beverage, and Wi-Fi onboard purchases: You can receive a 20% rebate, in the form of a statement credit, on food, beverages, and Wi-Fi purchases made on any Alaska-operated flights.
Intro APR
N/A
Regular APR
20.24% to 28.24% 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
- With sign-up bonus
- Doesn’t charge foreign transaction fees
- Has no penalty APR
Cons
- Doesn’t have a 0% introductory APR period on purchases and balance transfers
- Charges annual fees
- Requires excellent credit
- Access to a business credit score: Bank of America lets you view and monitor your Dun & Bradstreet business credit score for free through Business Advantage 360.
- Zero liability protection: Stay protected against unauthorized transactions. Bank of America offers additional 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 it suspects any fraudulent activity.
- Free checked bag benefit: Those with an open account at the time of travel and up to six guests traveling on the same reservation may check one bag free of charge on qualifying reservations.
- Rebate on food, beverage, and Wi-Fi onboard purchases: You can receive a 20% rebate, in the form of a statement credit, on food, beverages, and Wi-Fi purchases made on any Alaska-operated flights.
How We Evaluate Travel Rewards Business Credit Cards
When evaluating travel rewards business credit cards like Alaska Airlines Visa® Business Credit Card, we consider 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 | 20 | 25 |
Annual Fee | 10 | 15 |
Introductory APR | 0 | 5 |
Ongoing APR | 1 | 5 |
Total Score | 71 | 100 |
Who the Alaska Airlines Visa® Business Credit Card Is Best For
- Those 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 more than a dozen global airline partners.
- Those who usually check baggage and travel with companions: The card offers you and up to six other travel companions one free checked baggage each.
See our recommended alternatives below if this card doesn’t fit your business needs.
Alaska Airlines Visa® Business Credit Card Fees
APR
- Introductory: None
- Ongoing and balance transfer: 20.24% to 28.24% variable—adjusts with the prime rate
- Cash advance: 28.49% variable—adjusts with the prime rate
- Penalty: None
Fees
- Annual: $50 per company and $25 per card
- Balance transfer and cash advance: 4% of the amount of each transaction
- International transaction: None
- Late payment:
- $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
Your due date is at least 25 days after the close of each billing cycle.
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) is available after spending $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 and an unlimited 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
Earned miles can be redeemed for Alaska Airlines award travel, upgrades, and hotel accommodations. Visit alaskaair.com to learn more about redemption.
How To Make Payments on the Alaska Airlines Visa® Business Credit Card
- Bank of America® mobile app: Log in to the iOS or Android app, select your business credit card, then click “Make a payment.”
- Phone: Call (800) 236-6497 and follow the prompts. There’s no fee to make a payment by phone.
- Financial center or ATM: Drop off your payment at any Bank of America financial center or an ATM near you.
- Online: Log in to Bank of America’s Online Banking site, select the “Bill Pay” tab, and then follow the prompts.
- Mail: Pay using the following address:
Business Card Payments
Bank of America Business Card
PO Box 15710
Wilmington, DE 19850-5710
Alaska Airlines Visa® Business Credit Card Features
Account Management
- Access to a Business Credit Score: Bank of America lets you view and monitor your Dun & Bradstreet business credit score for free through Business Advantage 360.
Card Security
- Balance Connect®: This helps prevent declined purchases, returned checks, or other overdrafts when you link your Alaska Airlines Visa® Business Credit Card to a Bank of America business checking account for overdraft protection.
- Zero liability protection: Stay protected against unauthorized transactions. Bank of America offers additional 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 and notify you if it suspects any fraudulent activity.
Travel Perks
- Annual companion fare benefit: Business card accounts open with active charging privileges on their annual account anniversary date will get a companion fare code within the first 2 billing cycles after the anniversary date each year. The code is valid for a round-trip or one-way coach companion fare on Alaska Airlines from $121 ($99 base fare plus $22, depending on your Alaska Airlines flight itinerary) while traveling with another guest.
- Free checked bag benefit: Those with an open account at the time of travel and up to six guests traveling on the same reservation may check one bag free of charge on qualifying reservations.
- Rebate on food, beverage, and Wi-Fi onboard purchases: In the form of a statement credit, you can receive a 20% rebate for food, beverage, and Wi-Fi purchases made on any Alaska-operated flight.
Alaska Airlines Visa® Business Credit Card Alternatives
Capital One® Spark® Miles for Business
Capital One® Spark® Miles for Business
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:
Unlimited 2x miles with every swipe
Intro APR
N/A
Regular APR
25.24% (Variable)
Annual Fee
$0 intro for first year; $95 after that
Credit Needed
Excellent, Good
- Introductory reward worth $500 in travel after you spend $4,500 within the first three months
- 2x miles per $1 spent
- Issue employee cards for free
Pros
- No foreign transaction fees
- TSA PreCheck® or Global Entry application fee credit
Cons
- You’ll pay an annual fee after the first year
- Doesn’t offer interest-free financing
- Airport security screening reimbursement: Either a $100 statement credit for Global Entry or an $85 statement credit for TSA PreCheck® once every four years.
- Purchase assurance: Most purchases made entirely with your card are covered if damaged or stolen within 90 days from the date of purchase. Coverage is limited to $10,000 per claim and $50,000 per cardholder account per 12-month period.
- Extended warranty coverage: Doubles the original warranty time period and duplicates the coverage of the original manufacturer’s warranty up to a maximum of 12 months on most items you purchase.
- Travel medical emergency assistance: Provide referrals to medical services if you have a medical emergency while traveling. You’re covered if you’re 100 or more miles away from home and from the day you leave until midnight of the 60th day of your trip, or the day you return to your city of residence, whichever is sooner.
Intro APR
N/A
Regular APR
25.24% (Variable)
Annual Fee
$0 intro for first year; $95 after that
Credit Needed
Excellent, Good
- Introductory reward worth $500 in travel after you spend $4,500 within the first three months
- 2x miles per $1 spent
- Issue employee cards for free
Pros
- No foreign transaction fees
- TSA PreCheck® or Global Entry application fee credit
Cons
- You’ll pay an annual fee after the first year
- Doesn’t offer interest-free financing
- Airport security screening reimbursement: Either a $100 statement credit for Global Entry or an $85 statement credit for TSA PreCheck® once every four years.
- Purchase assurance: Most purchases made entirely with your card are covered if damaged or stolen within 90 days from the date of purchase. Coverage is limited to $10,000 per claim and $50,000 per cardholder account per 12-month period.
- Extended warranty coverage: Doubles the original warranty time period and duplicates the coverage of the original manufacturer’s warranty up to a maximum of 12 months on most items you purchase.
- Travel medical emergency assistance: Provide referrals to medical services if you have a medical emergency while traveling. You’re covered if you’re 100 or more miles away from home and from the day you leave until midnight of the 60th day of your trip, or the day you return to your city of residence, whichever is sooner.
- Capital One® Spark® Miles for Business is a great alternative if you want a universal fixed-rate miles rewards system
- Lets you earn unlimited 2x miles on every purchase, with no blackouts or seat restrictions and no minimum miles to redeem
- Doesn’t charge balance transfer and foreign transaction fees
- Is our top business credit card for miles and one of our best business credit cards for travel
Bank of America® Business Advantage Travel Rewards World Mastercard®
Bank of America® Business Advantage Customized Cash Rewards Mastercard® 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:
Those wanting up to 3% cash back in a spending category of your choice
Intro APR
0%
Regular APR
16.49% - 26.49% Variable APR on purchases
Annual Fee
$0.00
Credit Needed
Excellent
- Get a $300 statement credit online bonus after you make at least $3,000 in net purchases in the first 90 days of your account opening – with no annual fee and cash rewards don't expire.
- Earn 3% cash back in the category of your choice, 2% cash back on dining purchases and unlimited 1% cash back on all other purchases.
- You'll earn 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 16.49% to 26.49% will apply.
- Redeem your cash back as a deposit into your Bank of America® checking or savings account, as a card statement credit or as a check mailed to you.
- Earn up to 75% more cash back on every purchase, if you have a business checking account with Bank of America and qualify for our highest Preferred Rewards for Business tier. That means you could earn up to 5.25% in your selected choice category and up to 3.5% on dining purchases on the first $50,000 in those combined purchases each calendar year, and up to an unlimited 1.75% cash back on all other purchases.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Offers flexible redemption options
- Doesn’t charge annual fees
- With sign-up bonus
Cons
- Premium cash back rewards are capped on a selected spending category
- Charges foreign transaction fees
- Short introductory APR period
- Access to a business credit score: Bank of America lets you view and monitor your Dun & Bradstreet business credit score for free through Business Advantage 360.
- Zero liability protection: Stay protected against unauthorized transactions. Bank of America offers additional 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 it suspects any fraudulent activity.
Intro APR
0%
Regular APR
16.49% - 26.49% Variable APR on purchases
Annual Fee
$0.00
Credit Needed
Excellent
- Get a $300 statement credit online bonus after you make at least $3,000 in net purchases in the first 90 days of your account opening – with no annual fee and cash rewards don't expire.
- Earn 3% cash back in the category of your choice, 2% cash back on dining purchases and unlimited 1% cash back on all other purchases.
- You'll earn 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 16.49% to 26.49% will apply.
- Redeem your cash back as a deposit into your Bank of America® checking or savings account, as a card statement credit or as a check mailed to you.
- Earn up to 75% more cash back on every purchase, if you have a business checking account with Bank of America and qualify for our highest Preferred Rewards for Business tier. That means you could earn up to 5.25% in your selected choice category and up to 3.5% on dining purchases on the first $50,000 in those combined purchases each calendar year, and up to an unlimited 1.75% cash back on all other purchases.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Offers flexible redemption options
- Doesn’t charge annual fees
- With sign-up bonus
Cons
- Premium cash back rewards are capped on a selected spending category
- Charges foreign transaction fees
- Short introductory APR period
- Access to a business credit score: Bank of America lets you view and monitor your Dun & Bradstreet business credit score for free through Business Advantage 360.
- Zero liability protection: Stay protected against unauthorized transactions. Bank of America offers additional 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 it suspects any fraudulent activity.
- Bank of America® Business Advantage Travel Rewards World Mastercard® is a viable option if you want a Bank of America® business credit card that lets you earn unlimited, fixed-rate cash back rewards
- Lets you earn 3x points for every dollar spent when you book a rental car, hotel stay, or airfare through the Bank of America® Travel Center and unlimited 1.5x points for every dollar spent on all other purchases
- Offers a 0% introductory APR on purchases for the first nine billing cycles
- Has no annual and foreign transaction fees
- Is our top-recommended business credit card with no foreign transaction fee and one of our leading business credit cards for travel
Chase Ink Business Preferred®
American Express Blue Business Cash™ 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:
Those who want better cash back rewards
Intro APR
0% on purchases
Regular APR
17.74% - 25.74% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, 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, 17.74% - 25.74%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Intro APR
0% on purchases
Regular APR
17.74% - 25.74% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, 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, 17.74% - 25.74%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
- Chase Ink Business Preferred® is an excellent card if you want better rewards on travel and other expenses
- Lets you earn 3 points per dollar spent on the first $150,000 spent in combined purchases in four categories for each account anniversary year: travel, shipping purchases, internet/cable/phone services, and advertising purchases with social media sites and search engines; also offers 1 point per dollar spent on all other purchases
- Lets you transfer earned Chase Ultimate Rewards points to participating airline travel partners at full 1:1 value—meaning one Chase Ultimate Rewards point equals one partner mile/point.
- Charges an annual fee of $95
- Is one of our suggested business credit cards for travel
See our guides on the best Bank of America business credit cards and best small business credit cards for additional options. You can also visit our Credit Card Marketplace.
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. It lets you earn unlimited 3 miles for every dollar spent directly on Alaska Airlines purchases and an unlimited 1 mile for every dollar spent on all other purchases. Note that other travel business credit cards offer a 0% introductory period, don’t charge annual fees, and have a better fixed-rate rewards system.
