In the interest of full disclosure, OMAAT earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers (terms apply) that we have found for each product or service. Opinions expressed here are the author’s alone, not those of the bank, credit card issuer, airline, hotel chain, or product manufacturer/service provider, and have not been reviewed, approved or otherwise endorsed by any of these entities. Please check out our advertiser policy for further details about our partners, and thanks for your support!Alaska Mileage Plan has just launched an intriguing new promotion, whereby credit card spending can help you earn elite status. While I imagine this has the potential to evolve over time, don’t get too excited about the current version of this…Alaska Visa Cards offering elite qualifying milesThis is better than nothing, but not particularly lucrativeBottom lineAlaska Visa Cards offering elite qualifying milesAlaska Airlines and Bank of America have two co-branded credit cards, including the Alaska Airlines Visa® credit card (review) and Alaska Airlines Visa® Business card (review). While both cards have valuable perks, historically spending on the cards doesn’t count toward elite status. That will be changing for a limited time.Thanks to a new promotion, cardmembers can earn 2,000 bonus elite qualifying miles for every $10,000 spent on a co-branded Alaska credit card:Registration is required by June 30, 2023Spending that posts to an eligible card between May 1 and November 30, 2023, will count toward the spending requirementIf you have multiple consumer and business Alaska cards, purchases can be combined between cards to reach the $10,000 spending requirementAll qualifying spending during the month of registration will count toward the promotion, but not spending in months prior to registeringThere’s no limit to how many bonus elite qualifying miles you can earn with this promotionBonus elite qualifying miles will post within 8-12 weeksAlaska credit card spending can earn you elite milesThis is better than nothing, but not particularly lucrativeIf you spend any amount of money on co-branded Alaska credit cards, it’s definitely worth registering for this offer. However, I don’t think this is enough of an incentive to spend money on Alaska credit cards in large quantities, assuming you wouldn’t otherwise do so.For example, Alaska’s top tier status requires 100,000 elite qualifying miles in a year, so earning those elite miles through credit cards would require $500,000 of spending. Not only that, but you’d still need to complete the segment requirement to earn the status, as 24 segments are required.By comparison, you can earn American AAdvantage Executive Platinum status with $200,000 in spending on co-branded credit cards and no segment requirement.It would be nice to see Alaska create more opportunities to have credit card spending qualify toward elite status. Then again, that’s a slippery slope, I know many (myself included) appreciate that Alaska takes a more “traditional” approach to its loyalty program, awards miles based on distance flown, etc.I imagine that this promotion is in part being offered to see how consumer spending shifts when elite status comes into the equation.I’m not sure this will shift spending all that muchBottom lineFor a limited time, those with an Alaska co-branded credit card can register to earn 2,000 elite qualifying miles for every $10,000 spent on the card. It’s nice to see credit card spending count toward Alaska elite status in some way, though I can’t say that this is particularly lucrative.If you’d spend money on an Alaska credit card anyway, or if you’re close to qualifying for an elite tier, I’d say this could be worth it, But aside from that, there are more lucrative opportunities for credit card spending out there.To those with an Alaska credit card, does the ability to earn elite status impact your plans to spend money on the card?
Source: onemileatatime.com