When you apply for a new Alaska Airlines Visa Credit Card you can earn 25,000 bonus miles. The card carries an annual fee of $75 per year (no first year waiver though). However, if you live close to one of the airports that they fly to, their annual $99 companion pass easily covers the annual fee.
This companion pass unlike a lot of other misleading/falesly advertised companion passes is a true companion pass. You can use the pass on any fare, anywhere they fly, no restrictions. Even a fully refundable fare, flying to Hawaii or Mexico. This is especially a great value during peak travel season when fares can be $1000+ per person. Another benefit of this card is the card holder gets two Alaska Airlines’ Boardroom Passes (lounge) every year around the card anniversary which can be handy on many occasions.
What I especially like about Alaska Frequent Flyer program is their wide range of major partners ranging from American, Delta, Korean, Air France, KLM, Qantas, British Airways, Cathay Pacific, Iceland Air and LAN. There are other smaller regional partners too like Era Air, Kenmore Air and PenAir.
Please note that you can get 5,000 referral bonus when you refer someone who gets approved for this card.