The Alaska Airlines Visa, now the Atmos Rewards Ascent Visa from Bank of America, has a $95 annual fee and earns 3x on Alaska and Hawaiian purchases and on gas, EV charging, cable, streaming, and transit, and 1x on everything else. Its signature perk is the annual Famous Companion Fare, plus a free first checked bag for you and up to six guests. Figures are as of 2026. Confirm the current fee and welcome offer at Bank of America.
What the Alaska Visa earns
| Category | Rate |
|---|---|
| Annual fee | $95 |
| Alaska, Hawaiian, gas, EV, cable, streaming, transit | 3x |
| Everything else | 1x |
| Companion Fare | Annual, from about $122, confirm terms |
| Checked bag | First bag free for you plus up to six guests |
The perks and details
Advertisement
The draw is the Famous Companion Fare, available each anniversary, which lets you book a companion from about $122 all in, though new cardholders need roughly $6,000 in annual spend to qualify. You also get a free first checked bag for the cardholder and up to six guests on Alaska and Hawaiian flights, and no foreign transaction fees. The card was rebranded from the Alaska Airlines Visa to the Atmos Rewards Ascent Visa, so the name on the application may differ. Confirm the current perks at Bank of America. Delta’s closest equivalent is the Delta companion certificate on its Platinum and Reserve cards.
The fee math
The fee is $95. A single use of the Companion Fare on a pricier route can beat the fee on its own, and the free checked bags add more for anyone flying Alaska or Hawaiian. If you never fly either airline, skip it. Confirm the current fee and any welcome offer at Bank of America.
Compare the airline cards
See how the Alaska Visa fits among the best airline cards.
Coming in 2027. Alaska Airlines announced on September 29, 2026 that customers with eligible Bank of America cards will be able to transfer points into Atmos Rewards in 2027; the eligible cards and the ratio are not named yet. The Atmos Rewards Visa Business card gets a refresh in late 2026 with 10x on purchases through Atmos Rewards for Business, lounge passes and free same-day confirmed changes, and an Atmos Rewards debit card is due in early 2027.
Who it fits and who it does not
It fits an Alaska or Hawaiian flyer, especially anyone who travels with a companion once a year and can use the Companion Fare. It fits less if you rarely fly either airline, where a flexible travel card is more useful. Confirm current terms at Bank of America.
More card guides
Compare this card
FAQ
What is the Alaska Airlines Visa annual fee?
$95. Confirm the current fee and any welcome offer at Bank of America.
How does the Alaska Companion Fare work?
It is an annual companion fare, from about $122 all in, available after your anniversary, and new cardholders need roughly $6,000 in annual spend to qualify. Confirm current terms at Bank of America.
Was the Alaska Airlines Visa rebranded?
Yes, it is now the Atmos Rewards Ascent Visa from Bank of America. Confirm current details at Bank of America.
Last reviewed October 2026. We verify every rule, ratio, and figure against issuer terms and current reporting, and date each one. See our editorial standards for how we research and correct guides.
We re-check these guides as issuer rules and award charts change. 2 ways to follow along, no account needed.