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Alaska Airlines Visa 30,000 miles + $100 statement credit

by on Mon May 23, 2016 • 12 Comments


The Alaska Airlines Visa has often has a special deal that gives a $100 statement credit plus 30,000 miles for signing up and meeting spending requirements.

That’s better than the standard deal that offers 30,000 miles, but no statement credit when you get a new card.

It’s not widely marketed, so the deal could disappear again at any time. And aside from a 50,000 mile deal that’s being targeted in the mail to chosen members, it’s currently the biggest publicly available deal for the card.

Is the deal worth it?

On its own, it’s not the most exciting offer.

There is a $75 annual fee that’s not waived. Though the $100 statement credit offsets most of that.

Alaska Airlines miles are great because you can use them on so many partners.

They are just about the only way to fly on Emirates using miles at reasonable prices.

And they let you work on one free stopover on awards, even one-way awards.

What intrigues some is that Bank of America has historically allowed more than one personal account per person, the logic being it’s a way to keep your expense types separate. And that also lets you earn more than one mileage bonus.

That said, there has been some abuse of that provision, and there are reports Alaska itself has terminated Mileage Plan accounts of some members who opened an excessive number of accounts in a short period of time.

So tread carefully.

But if you’re trying to be reasonable, use the offer as part of your travel rewards strategy.

The fine print is below (note the language about an IRS 1099 form is boilerplate in place for all Bank of America cards):

Bonus Miles Offer. You will qualify for 30,000 bonus miles upon approval of a Visa Signature® account, 5,000 bonus miles upon approval of a Platinum Plus® account or 3,000 bonus miles upon approval of a Classic account. Bonus miles and card enrollment benefits will be credited to your Alaska Airlines Mileage Plan™ account approximately 2-3 weeks after approval. Passenger is responsible for all applicable taxes, fees, surcharges and applicable checked baggage fees. The value of this reward may constitute taxable income to you. You may be issued an Internal Revenue Service Form 1099 (or other appropriate form) that reflects the value of such reward. Please consult your tax advisor, as neither we, nor our affiliates, provide tax advice.

Statement Credit Offer. You will qualify for a $100 statement credit if you use your new credit card account to make any combination of Purchase transactions totaling at least $1000 (exclusive of any fees, returns and adjustments) that post to your account within 90 days of the account open date. Limit one (1) statement credit per new account. This one-time promotion is limited to new customers opening an account in response to this offer. Other advertised promotional statement credit offers can vary from this promotion and may not be substituted. Allow 8-12 weeks from qualifying for the statement credit to post to your account. The statement credit will generally be applied to your existing balance with the highest APR before being applied to any balances with lower APRs. Receipt of a statement credit does not affect your responsibility to pay your Total Minimum Payment shown on each Statement you receive from us. The value of this reward may constitute taxable income to you. You may be issued an Internal Revenue Service Form 1099 (or other appropriate form) that reflects the value of such reward. Please consult your tax advisor, as neither we, nor our affiliates, provide tax advice.

The following two tabs change content below.

Chase Sapphire Preferred® Card

Miles dont expireas long as card is open
Learn more

Partner Offer

50,000 bonus points

Intro Offer

$0 introductory annual fee, then $95

Annual Fee


Foreign Transaction Fee Waived


Points Can Transfer to Airline Miles ?

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12 thoughts on Alaska Airlines Visa 30,000 miles + $100 statement credit

  1. Gulf Coast

    This is a crappy card and a crappy offer and I will tell you why. I saw that pop up for this card on the Alaskan Airlines website offering $100 off if you applied for the card. On the website the consumer doesn’t even get to choose which card they will get, either the one with the $50 annual fee or the $75 annual fee. The bank will choose for you based on your credit worthiness. Long story short, I applied and was approved for this card. I got the card in the mail, went to the Alaskan Airlines website to book the ticket and did not see the $100 applied to the ticket. I called BofA and they said the $100 was not applied to the ticket, but to the statement balance, but I would not be getting that either since the offer required you to apply for the card and book the ticket at the same time. That doesn’t even make sense. How can you book a ticket if you don’t have the card # yet? Anyway, I called the customer service dept and they would not budge on this and kept saying I owed the $75 annual fee. I cut up the card and mailed it back to them (had this card 3 days!) paid for the ticket I had booked, paid everything except the bogus $75 annual fee. I feel I was ensnared in a poorly worded vague promotion designed to do nothing but extract a $75 fee out of me and offer nothing in return. Two days ago I sent an email to the Chairman of BofA explaining this situation and that I was not paying an annual fee for a card I applied for based on a promotion that BofA is not honoring. I am not stupid, I have a college degree, I travel quite a bit and belong to several FF programs and this is by far the crappiest offer I’ve ever been entangled with. It really seems to be all about getting a fee out of you. I am in the process of fighting this matter and it’s been a tremendous waste of time offering me nothing in return. There are other cards, other airlines offering better promotions than this one. I say stay away from this offer because Bank of America is a ruthless cash mongering company that is going to screw you over at every point possible and offer you nothing in return.

    1. Dave

      It’s a little clunky and confusing, both on BoA and Alaska’s end, but in the end, I received both the $100 statement credit and the 30,000 miles. Fine print says statement credit will take a one billing cycle to post. All in all, not a bad card because of the companion fare and free checked luggage.

  2. Blankie

    How long does it take to approve the Visa signature card? I need to purchase the tickets today, can i have the purchase today counted when my visa signature is approved.


      @Blankie – If you go to the Alaska website, and shop for a ticket, you might see this offer on the payment page. That might give you the option to pay for the flight with the new account if approved there. But using a regular application won’t let you use it instantly.

  3. Cara

    So strange. I completed the $1K in purchases and received a typed letter saying I would earn a $100 statement credit.

    Confused because I thought it would REPLACE my 30K miles, I called BofA. They said “Oh no, it should be 30,000 miles, not $100 credit, I have no idea why you received that…”

    Now reading this, it looks like they were indeed offering both.

    Can you please direct me to the source of your information?


  4. Dillon

    I recently was approved for Visa signature account and at close of first month put 1600.00 on the card (paid off in full at Bill date). I did not see the 100.00 statement credit, is that something I could call on to receive?

    1. Dillon

      To clarify I did not see the 100.00 statement credit as part of my offer. (I understand I am to receive the 30K miles)
      Thank you.


        @dillon – Can’t hurt to ask, but if you didn’t see it as part of your offer then don’t be surprised if they say no.

        1. Dillon

          Will my decent spending help the situation? I have excellent credit and have noticed the Costco anytime visa is a better deal with no yearly fees, agreed?


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