Sign-up bonuses and fees change often — confirm the current offer on the issuer's page before you apply.
The Alaska Airlines Visa® Business card — now issued as the Atmos™ Rewards Visa Signature® Business card after the Alaska–Hawaiian loyalty merger — brings the personal card's famous Companion Fare to company spending, at a lower base fee. If your business puts real money on a card each year and anyone at the company flies Alaska or Hawaiian, this is one of the easiest airline-card decisions there is: the Companion Fare alone can return several times the fee, and business expenses hit the $6,000 trigger without trying.
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Quick answer
- Best for: businesses spending $6,000+ a year on card with anyone who flies Alaska or Hawaiian
- Annual fee: $70 for the company + $25 per additional card
- Welcome bonus: 70,000 points + Companion Fare after $4,000 spend in 90 days (verify current offer)
- Key benefit: an annual Companion Fare — a second seat for $99 + taxes/fees (from $23) after $6,000 spend
- Earning: 3x on Alaska and Hawaiian purchases; 2x on gas/EV charging, shipping and local transit; 1x on everything else
At a glance
| Detail | Value |
|---|---|
| Annual fee | $70 company + $25 per additional card |
| Sign-up bonus | 70,000 points + Companion Fare after $4,000 spend in 90 days (verify current offer) |
| Best for | Businesses with Alaska/Hawaiian flyers; owners who travel with a companion |
| Points earned | Atmos™ Rewards (formerly Alaska Mileage Plan) |
| Points worth | A top-tier currency — fixed partner charts, e.g. JAL business to Tokyo from ~60,000 points one-way |
| Key perk | Annual Companion Fare — $99 + taxes/fees, after $6,000 spend/year |
| Card network | Visa (Signature) — issued by Bank of America |
Apply now → see the current offer
What the points are worth
Business-card points land in the same Atmos Rewards account as the personal card's, and they're the same excellent currency: Alaska's program kept fixed, distance-based partner award charts while most of the industry moved to dynamic pricing, so a well-chosen partner redemption routinely returns several cents per point. Points do not expire. Alaska Mileage Plan and HawaiianMiles both became Atmos points at 1:1 when the programs combined in 2025, and Alaska remains a full oneworld member. Our points valuations page covers where this currency ranks.
Where your points can go
Everywhere Mileage Plan miles went, and more since Hawaiian joined: Alaska and Hawaiian's own networks (short hops from 4,500 points one-way), all of oneworld — American, British Airways, Cathay Pacific, Japan Airlines, Qantas, Qatar Airways and the rest — plus non-alliance partners such as Aer Lingus, Icelandair and Starlux. Partner awards price one-way from three regional distance charts. The standouts: Japan Airlines business class to Tokyo from around 60,000 points one-way, Cathay Pacific business from around 75,000, and transatlantic partner business from roughly 45,000. The full detail is in our personal Alaska card guide — the program mechanics are identical.
Earning rates
| Rate | Category |
|---|---|
| 3x | Eligible Alaska Airlines and Hawaiian Airlines purchases |
| 2x | Gas and EV charging stations |
| 2x | Shipping |
| 2x | Local transit, including rideshare |
| 1x | Everything else |
Note the business-flavored 2x list — shipping replaces the personal card's streaming category. The card also earns 1 status point per $3 spent with no cap, so heavy company spend quietly builds Atmos elite status (Silver at 20,000 status points, Gold at 40,000) and the oneworld benefits that come with it.
Benefits & credits
Credit amounts and perks change — verify each is current before you count on it.
- Companion Fare, every year — after $6,000 in purchases in the prior anniversary year: a companion flies for $99 plus taxes and fees (from $23) on Alaska and Hawaiian flights within North America, including Hawaii. It's a discount, not a free ticket — the second seat's taxes and fees are always yours to pay.
- Free first checked bag for the cardholder and up to six guests on the same reservation.
- Priority boarding for the cardholder and up to six guests.
- $100 off an Alaska Lounge+ membership annually.
- 10% rewards bonus on points earned if the business has an eligible Bank of America business account.
- Employee cards at $25 each — all spend funnels points and status points to one place.
Best uses
- Let business spend earn the Companion Fare, then use it personally. $6,000 of company purchases is a low bar — supplies, software, shipping, fuel. The reward: a second seat to Hawaii or across the country for $99 + taxes/fees. On high-fare routes that's several hundred dollars saved, against a $70 fee.
- Japan Airlines or Cathay business class for the owner's long-haul trips. Fixed partner pricing means Tokyo in a flat bed from around 60,000 points one-way — company card spend converts to seats that sell for thousands. See Cathay first class from 110k for the aspirational version.
- The free stopover on one-way awards. Atmos allows one free stopover on a one-way partner award (two on a round trip) — a business trip to Asia can include a stop in Tokyo at no extra points.
- Status from spend alone. 1 status point per $3, uncapped: $60,000 of annual company spend is 20,000 status points — Silver — before anyone boards a plane.
Who should get it
Get this card if your business spends $6,000+ a year on card and anyone there flies Alaska or Hawaiian — the Companion Fare, free bags and lounge discount stack up fast against a $70 fee. It also pairs beautifully with the personal card: two Companion Fares a year in one household.
- Good alternative: personal Alaska Visa Signature — if you don't have business income to justify the application: same Companion Fare, same program.
- Good alternative: a transferable-points business card — if your company's travel is scattered across airlines with no Alaska/Hawaiian anchor.
Fine print worth knowing
- The Companion Fare requires $6,000 spend in the cardmember year — miss it and the marquee perk doesn't arrive.
- Partner award bookings carry a fee — $20 per person each way as of July 1, 2026.
- 3x applies to purchases from the airlines, not general travel.
- Bank of America will want business details at application; sole proprietors can apply with a SSN, as with most business cards — check current requirements.
- Award charts can change; confirm pricing on alaskaair.com before you commit a plan to specific numbers.
Bottom line
Same knockout Companion Fare, same top-tier Atmos currency, lower base fee, plus shipping bonuses and a lounge discount for the business crowd. If company spending can carry the $6,000 trigger, this is among the best returns per dollar of any business airline card. See how it fits your setup in Points Path, and keep balances in view with your Rewards Wallet.
Apply now → see the current offer
Note: Sign-up bonuses and benefits change. Always confirm current terms on the issuer's site before applying.
FAQ
Is the Companion Fare a free ticket? No. Your companion flies for $99 plus taxes and fees (from $23) on Alaska and Hawaiian flights within North America, including Hawaii — the second seat's taxes and fees are always yours to pay.
How do I earn the Companion Fare each year? Spend $6,000 in purchases in the prior anniversary year. Miss it and the marquee perk doesn't arrive.
Can company spend earn Atmos elite status? Yes. The card earns 1 status point per $3 spent with no cap, so $60,000 of annual spend is 20,000 status points — Silver — before anyone boards a plane.
How is it different from the personal Alaska card? Same Companion Fare and same Atmos program, but a lower base fee ($70), shipping in the 2x list instead of streaming, $25 employee cards, and $100 off an Alaska Lounge+ membership.
Do partner awards cost extra? Yes — partner award bookings carry a $20 per person fee each way as of July 1, 2026.
