Alaska Airlines World Elite MasterCard Review
While not as well known in Canada, the Alaska Airlines World Elite MasterCard delivers exceptional value to residents of the Rest of Canada (ROC). It comes with a free flight welcome bonus, an annual companion ticket, a low annual fee and one of the largest Airline partner programs.
The Alaska Airlines World Elite MasterCard has one of Canada’s highest welcome bonus offers in Canada – 25,000 miles (enough to fly return anywhere in North America), with no minimum spend requirement, and it comes with an annual companion fare ticket that you can use to fly return anywhere in North America – including Hawaii!
People who think this program is only good for Alaska Airlines flights flying out of Quebec City–Windsor Corridor are missing out on one of the richest & most flexible partner programs in North America. You can use your 25,000 welcome bonus miles, straight from the Alaska Mileage website, to book flights on American Airlines, Air France, British Airways, Cathay Pacifica, Qantas, Korean Air, Emirates and more!
Alaska Airlines World Elite MasterCard Benefits
Alaska Airlines Mileage Plan program is one of the most valuable loyalty currencies out there. The program partners with numerous carriers for points earning and redemption, including both Delta and American in Canada, as well as Korean Air, Cathay Pacific, and Emirates. GreedyRates values these miles at around 2-2.2 Canadian cents, meaning the sign-up bonus alone is worth $550. With the Canadian dollar as low as it is, those miles may be even worth more now.
Because of it’s great list of partners, the Alaska Airline Mileage program is for all Canadians, whether you live in Montreal, Toronto, Calagary or Vancouver. Here’s why. When looking at the Alaska Airlines flight redemption chart, the 25,000 point sign-up bonus offer is enough to get a return fare ticket that will take you to destinations anywhere within continental North America.
For example, you can fly Toronto to Orlando return for 25,000 miles, and only $67 in taxes and fees on Delta. Or you can fly Toronto to Los Angeles direct on American Airlines for 25,00 miles return and $79.26 in taxes and fees! Notice how low the taxes and fees are compared to Aeroplan.
The other great feature of the card is the annual companion ticket you can redeem for any Alaska Airlines flight within North American including Hawaii and Alaska, for only $121 USD. You get one EVERY year. That means you can get a ticket from Calgary to Honolulu for $118USD, instead of $850!
Your companion will have to fly with you on the same itinerary and it’s only available for coach class tickets on an Alaska Airlines operated flight. Unfortunately, Alaska Airlines only flies out of Calgary and Vancouver. As a result, because you can’t use the companion fare on partner flights, companion fare tickets have the most value for those in Alberta and BC.
Here are some of the additional perks that help the Alaska Airlines credit card stand-out from the pack:
- Receive 25,000 Bonus Miles after your first eligible purchase
- Earn 1 Bonus Mile per $1 spent on every eligible purchase
- Earn 3 Bonus Miles per $1 spent on Alaska Airlines tickets, cargo purchases, in-flight purchases and vacation packages. Through Alaska Airline’s code sharing system, you can also earn 3 bonus miles when booking on American or Delta through Alaska Airlines as well.
- Receive an annual Companion Fare from $121 (USD) ($99 base fare, plus taxes and fees from $22)
- Redeem Miles for flights to over 700 destinations worldwide
- $75 annual fee (fairly low compared to standard $120-$150 for most travel cards. However, it doesn’t come with as robust insurance coverage.
With the welcome bonus at 25,000 miles, an annual companion ticket that can take you to anywhere in North America including Hawaii, and a low annual fee of $75 this card is rich. The annual companion ticket can save you over $700 a year, more than covering the small $75 annual fee.
Moreover, the flexibility of being able to use your Alaska Mileage points on partner airlines makes this a phenomenal value for every Canadian.
The Alaska Arilines World Elite MasterCard is not the card for you if you’re looking for maximum travel insurance protection. That said, it does come with insurance such as car rental, unexpected return home, accidental death, purchase assurance, extended warranty and price protection ( find the same product you bought advertised in Canada at a lower price within 60 days after purchase, the difference will be refunded, up to $500).
You will need to have a minimum personal income of $15,000. They actually played it smart here. You apply for the Alaska Airlines World Elite Mastercard, which has a min income of $70K, household income of $120K, but if you don’t qualify, you will automatically get the Platinum card, which has the EXACT same 25,000 mile welcome bonus and companion fare benefits. Apply on the same application, you will automatically be approved for the credit car dmatching your income.
This is one of the richest offers in the Canadian marketplace. For $75 you’re getting a welcome bonus that can get you a free flight to anywhere in North America, and a companion ticket (if you can use it), that can get you as far away as Hawaii for only $118.
We also love the flexibility to use your points, at the same value, on so many valued partner airlines. The minimal taxes and fees on bookings are appreciated as well.
Take a look around our Best Travel Credit Cards page for more exciting offers.