Alaska Airlines World Elite® Mastercard®
Pairs well with...
- Annual Fee
- Extra Card Fee
- Card Type
- Cash Advance
- Balance Transfer
- Personal Income
- Household Income
- 30,000 bonus miles†† and Alaska's Famous Companion Fare™ from $121 (USD) ($99 plus taxes and fees from $22)◊◊ after you make $1,000 or more in eligible purchases within the first 90 days of your account opening.
- One complimentary checked bag per passenger on the same qualifying reservation, up to a maximum of six passengers.æ
- Every year on your account anniversary buy one round trip and get a companion fare of $121 (USD) ($99 plus taxes and fees from $22)◊◊ on Alaska Airlines. There are no blackout dates.
- Earn 3 miles‡ for every $1 charged to your Alaska Airlines Mastercard credit card on tickets, vacation packages, and cargo services from Alaska Airlines.
- Earn 1 mile‡ for every $1 spent on other eligible purchases.
- Earn and redeem‡ Alaska Mileage Plan miles on global airline partners of Alaska Airlines to 900+ destinations.
- $99 annual fee.
- Standard Annual Interest Rates of 19.99% on purchases, 22.99% on balance transfers✪ and access cheques, and 22.99% on cash advances.
- Your personal annual income must be greater than $80,000, or your household annual income must be $150,000 or greater.††††
- This offer is not available for residents of Quebec.
|Extended Warranty||1 year|
|Purchase Protection||90 days|
|Rental Car Theft & Damage||Yes|
|Rental Car Accident||$200,000|
|Rental Car Personal Effects||$1,000|
Please review your insurance certificate for details, exclusions and limitations of your coverage.
†† To qualify for this offer, an applicant must be approved for World Elite card and a single or combination of purchase transactions totaling at least one thousand Canadian dollars (CAD 1,000) must be made using such account within the first 90 days of account opening that are not subsequently rescinded, the subject of a charge back request or otherwise disputed. Please allow 8-10 weeks from the transaction date for bonus Miles to be posted to your Mileage Plan account. Account must be open and active on posting/delivery date to qualify for bonus Miles. Limit one-time bonus Miles offer (no cash value) per new account. Reissues, fraud, lost/stolen and reopened accounts do not qualify for this offer. This promotion is offered by MBNA and may be amended or cancelled at any time without notice. Additional bonus Miles may be awarded if a completed application is submitted to an Alaska Airlines employee.
‡ These are highlights of the credit card rewards program (the "Program") associated with this credit card account. Miles will be awarded on eligible transactions charged to your account as set out in the Program terms and conditions. Complete terms and conditions describing Program eligibility, accrual and redemption of Miles, and other important conditions, limitations and restrictions will be sent after your account is opened. Please read the terms and conditions carefully upon receipt. Accumulated Miles can only be redeemed in accordance with the Alaska Airlines Mileage Plan program (the “Alaska Program”). The Toronto-Dominion Bank has no liability or responsibility for any aspect of the Alaska Program. Please visit www.alaskaair.com for complete Alaska Program terms and conditions.
◊◊ Companion Certificates can only be used for a coach class seat on an Alaska Airlines operated flight with the purchase of another ticket on the same Alaska Airlines flight within or between the continental United States, Alaska, Canada, Hawaii or Mexico. To obtain the Companion Certificate in the first year of the account, the credit card application must be approved and a single or combination of purchase transactions totaling at least one thousand Canadian dollars (CAD 1,000) must be made using such account within the first 90 days of account opening that are not subsequently rescinded, the subject of a charge back request or otherwise disputed. Please allow 8-10 weeks from the transaction date for the Companion Certificate to be delivered. To qualify for the Companion Certificate in the second and subsequent years of the account, the account must be open and active on the account anniversary. Reissues, fraud, lost/stolen and reopened accounts do not qualify for this offer. This promotion is offered exclusively by Alaska Airlines. The Toronto-Dominion Bank is not responsible or liable for any aspect of this promotion. For a complete explanation of this benefit, please visit www.alaskaair.com.
ӕ Complimentary Checked Bag Benefit: Primary cardholders of the Alaska Airlines World Elite Mastercard consumer credit card ("World Elite account") who make a qualifying reservation and have an open World Elite account at the time of travel are eligible to receive a baggage allowance on qualifying reservations consisting of one (1) complimentary checked bag per passenger on the same ticket for the same Alaska Airlines flight, up to a maximum of six (6) complimentary checked bags per ticket. Qualifying reservations include flights marketed by Alaska Airlines and operated by Alaska Airlines, Horizon Air, SkyWest or PenAir (codeshare flights operated by other carriers are not eligible). Primary cardholder must be an Alaska Airlines Mileage Plan™ member. Baggage restrictions apply. See alaskaair.com/freebagfaq for complete baggage rules. Payment with the World Elite account is not required to qualify for this benefit. Offer may not be applied retroactively, and no refunds will be issued. Not applicable for passengers who already receive 1 or more free checked bags. New holders of the World Elite account, and cardholders upgrading from another Alaska Airlines credit card to a World Elite account, will be eligible for this benefit approximately 2-3 weeks after approval. This promotion is offered exclusively by Alaska Airlines. The Toronto-Dominion Bank is not responsible or liable for any aspect of this promotion. For a complete explanation of this benefit, please visit alaskaair.com
✪ Balance transfers will be fulfilled in the order listed and are treated as balance transfers in accordance with your Account Agreement. The total value of balance transfers cannot exceed your authorized credit limit. If the value is greater, MBNA may send a partial payment to the named creditor/designated account. THERE WILL BE A TRANSACTION FEE EQUAL TO 1.00% OF THE DOLLAR AMOUNT OF EACH BALANCE TRANSFER INITIATED WITH THIS APPLICATION. A MINIMUM FEE OF $7.50 WILL APPLY TO EACH BALANCE TRANSFER TRANSACTION. A balance transfer may not be used to pay off or down your account balance or any other balances with us (including our affiliates, which would include any member of the TD Bank Group).
†††† To be eligible for a World Elite account, your personal annual income must be greater than $80,000, or your household annual income must be $150,000 or greater. Additional account qualification criteria apply as set out in the application.
The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank.
Much like the
For a comparatively low annual fee of $99 (most similar cards are $120 or more), the Alaska Airlines World Elite Mastercard will allow you to earn:
- 1 mile per dollar spent on everyday purchases, as well as
- 3 miles per dollar spent through Alaska Airlines on tickets, cargo purchases, in-flight purchases and vacation packages.
These rewards can be redeemed for flights to over 900 destinations worldwide, with no blackouts. Reward availability can be limited though, which is compensated by the high value of the miles.
Miles can also be redeemed with a number of different airline partners. This is important because Alaska Airlines only flies to a select few Canadian cities. However, they have an extensive partner list that includes:
- American Airlines,
- British Airways,
- Cathay Pacific,
- Korean Air, and
If you live in any major Canadian city, these partners should be able to fly you most places you would want to go. (Keep in mind, however, foreign airlines can’t both takeoff and land within Canada during the same flight, so this credit card is not for those who plan to use their miles primarily for domestic travel.)
The Alaska Airlines World Elite Mastercard gives you a few extra benefits over the Platinum Plus version of the card. Starting with one extra insurance – Price Protection. (You can find out more about Price Protection here and check out the other Insurance Coverage this card comes with from the tab above.) It also gives a complimentary first checked bag on Alaska Airlines flights for up to 6 passengers.
Mastercard World Experiences and Mastercard World Elite Priceless Cities are also included, giving cardholders access to exclusive events and unique offers.
Just the everyday spending rewards for this card can make it worth it because if you maximize your miles well when you redeem them you’re going to achieve at least a 2.5% return on spending.
But, don’t forget the big 30,000 mile sign bonus that is worth $750 if you achieve that 2.5% return on spending. 30K miles is more than enough for a free economy flight anywhere in Canada & Continental USA on Alaska Airlines' partner American Airlines. It isn’t that hard to find one of those with a base fare (before taxes & fees) of $625 or more. If you factor in the $125 value of your remaining 5,000 miles that brings the total sign up bonus value to $750.
Then, there’s the annual companion fare certificate that can save you hundreds more each year. If you buy one economy flight at the regular price, you can get a second flight with a much reduced cost for a traveling companion starting at $99 + $22 in taxes.
The value of the that certificate is not added to the Annual Rewards we calculate for this card, so keep that in mind. We consider it to be a big perk of the card which factors into our rating, but not an actual reward we assign a value to.
What are your thoughts?
◊ The creditcardGenius algorithm calculates an estimated dollar value for all rewards and bonuses by using a typical point value a person can realistically achieve by redeeming their rewards in a reasonably optimized way. The "Welcome Bonus" is the dollar value obtained by combining of all one-time bonuses available to new cardholders within the first year. To qualify for the full bonus you may need to make purchases, meet minimum spending requirements, or complete special actions. Terms and conditions apply.
* Conditions apply.