Looks like MBNA has increased its sign up bonus to its highly valuable MBNA Alaska Airlines World Elite MasterCard Credit Card, going from 25,000 to 30,000. There does not appear to be any expiry date on the offer either. Note that MBNA is owned by TD Canada Trust.
I am extremely impressed with this move, especially at a time when I had a feeling that they might shut this credit card down instead.
Below are the highlights of this credit card.
- $75 annual fee
- Earn 30,000 bonus miles after spending $1,000 in the first 90 days
- Earn 3 miles for every $1 spent on Alaska Airlines tickets, vacation packages, cargo and inflight purchases
- Earn 1 mile for every $1 spent on all other purchases
- Receive 1 complimentary checked bag per passenger on the same qualifying reservation (up to a maximum of 6 passengers)
- Receive an annual companion fare (costing $99 USD plus taxes and fees)
- Income Requirement: $80,000 (personal) or $150,000 (household)
- Due to Quebec laws, this card is not available to Quebec residents
Note that if you apply through GreatCanadianRebates (please private message me for a referral), it still shows 25,000 sign up bonus miles on the description, but once you click through to the actual application, it will show the 30,000 sign up bonus miles. The benefit of applying through GreatCanadianRebates is that they give you $60 for signing. Since the first year annual fee is not waived, this is a great way to offset some of the annual fee.
Free Checked Bag
Another benefit that was added recently, is a free checked bag for up to 6 people on the same reservation.
Even though Alaska Airlines is not a member of any airline alliance, it has many valuable codeshare partners:
- Aer Lingus
- American Airlines
- British Airways
- Cathay Pacific
- Fiji Airways
- Hainan Airlines
- Japan Airlines
- Korean Air
- LATAM Airlines
- Ravn Alaska
- Singapore Airlines
This change puts them in line with the U.S. counterpart: Bank of America Alaska Airlines Visa Signature Credit Card. Which has the same $75 annual fee and 30,000 sign up bonus. Considering the weaker Canadian Dollar, dare I saw we have the better offer. So if you have not signed up for this credit card yet, this is probably the best time to do so!