Atmos Rewards Ascent Visa Business

Quick Snapshot

• Annual Fee: $75
• APR: 19.24%-27.24% variable
• Rewards: 3x miles on Alaska Airlines and select business categories, 1x on everything else
• Bonus: 75,000 bonus miles plus Alaska's Famous Companion Fare after $4,000 in 90 days
• Best For: Business owners who fly Alaska Airlines and want the companion fare for personal or business travel
• Credit Needed: Good to Excellent (670+)

Overview

Renamed 2026. Alaska and Hawaiian merged their loyalty programs into Atmos Rewards and Bank of America renamed its Alaska co-brands accordingly. Confirm the current fee and bonus on Bank of America's page before applying — the business card's terms moved with the rebrand.

The Alaska Airlines Visa Business card extends the Alaska co-brand partnership to business owners and entrepreneurs. It earns 3 miles per dollar on Alaska Airlines purchases, select business categories including advertising, shipping, internet, cable, and phone services, and 1 mile per dollar on all other business spending. The annual companion fare and free checked bags mirror the personal card.

The 75,000-mile sign-up bonus requires $4,000 in spending (slightly more than the personal card's $3,000 threshold) and comes with a companion fare for immediate use. For business owners who regularly fly Alaska Airlines, the combination of accelerated earning on both airline and business purchases creates a strong miles-earning engine.

At the same $75 annual fee as the personal card, this is an efficient addition for business owners who want to keep business and personal Alaska spending on separate cards while both earning companion fares. The card includes employee cards at no extra cost, expense management tools, and year-end spending summaries for tax preparation.

APR Breakdown

• Purchase APR: 19.24%-27.24% variable
• Balance Transfer APR: N/A
• Cash Advance APR: 29.99% variable
• Penalty APR: 29.99% variable

Note: No introductory APR offer. APR varies with the Prime Rate. Balance transfers are not available on this card.

Benefits Overview

Business Miles Earning

• 3x miles on Alaska Airlines purchases
• 3x miles on select business categories including advertising, shipping, and telecom
• 1x mile on all other business purchases
• Employee cards earn miles to the primary account at no additional cost

Companion Fare & Travel Perks

• Annual companion fare from $122 including taxes and fees
• Free checked bag for the cardholder and up to 6 companions
• Priority boarding on Alaska Airlines flights
• 20% back on Alaska in-flight purchases

Business Management

• Free employee cards that earn miles to the primary account
• Year-end spending summaries for easier tax preparation
• Customizable spending limits for employee cards
• Online account management with detailed transaction data

Rewards & Points

• 3x miles on Alaska Airlines purchases
• 3x miles on select business categories (advertising, shipping, telecom)
• 1x mile on all other purchases

Miles earned go into your personal Alaska Mileage Plan account and can be redeemed for flights on Alaska and 20+ partner airlines. Employee card spending also earns miles to the primary cardholder's account.

Welcome Bonus

Earn 75,000 bonus miles plus Alaska's Famous Companion Fare after spending $4,000 in purchases within the first 90 days of account opening. The bonus miles are worth approximately $900+ for Alaska Airlines flights.

Fees Summary

• Annual Fee: $75 for the primary card
• Employee Card Fee: $0
• Cash Advance Fee: Either $10 or 5% of the amount, whichever is greater
• Foreign Transaction Fee: $0
• Late Payment Fee: Up to $40
• Returned Payment Fee: Up to $29

Who This Card Is Best For

Ideal For

• Business owners who fly Alaska Airlines for work travel on the West Coast
• Small business owners who spend on advertising, shipping, or telecom services
• Entrepreneurs who want both personal and business Alaska cards for double companion fares
• Business travelers who want free checked bags and priority boarding on Alaska

Not Good For

• Businesses not near Alaska hubs who rarely fly Alaska Airlines
• High-spending businesses that need higher base earning rates on general purchases
• Business owners seeking cash back instead of airline miles

Key Pros & Cons

Pros

• 75,000-mile sign-up bonus worth $900+ in Alaska flights
• Annual companion fare from $122 easily covers the $75 fee
• 3x miles on both Alaska Airlines and select business categories
• Free employee cards that earn miles to your account
• Free checked bags and priority boarding on Alaska
• No foreign transaction fees for international business travel
• Low $75 annual fee for the value provided
• Year-end spending summaries simplify tax preparation
• Pair with the personal card for two companion fares annually
• Miles do not expire with account activity

Cons

• 1x on general business spending is below average
• Best value tied to Alaska Airlines loyalty
• No balance transfer option available
• No 0% intro APR offer
• Companion fare limited to Alaska-operated flights
• No airport lounge access
• Limited travel protections compared to other business cards
• 3x business categories do not include common areas like office supplies or restaurants

Alternatives to Consider

How the Rewards Add Up

Example Annual Value

First-year value: $1,628+ ($900 bonus + $528 earned miles + $200 companion fare). Net after fee: $1,553+.

Should You Get This Card?

You Should Get It If...

• Your business frequently books Alaska Airlines flights
• You spend on advertising, shipping, or telecom for your business
• You want a companion fare for business or personal travel
• You already have the personal Alaska card and want a second companion fare
• Your employees travel on Alaska Airlines for business
• You want a low-cost business airline card at $75 per year

You Should Skip It If...

• Your business rarely flies Alaska Airlines
• You prefer cash back over airline miles for business expenses
• You need a higher base earning rate on general business spending
• You want a business card with a 0% intro APR offer
• Your top business expenses are not covered by the 3x categories

Information verified as of July 2026. Terms and conditions apply. Please visit the issuer's website for the most current information.