Alaska Airlines MBNA World Elite MasterCard Annual Fee Goes Up
Alaska Airlines recently increased its World Elite MasterCard and Platinum Plus MasterCard annual fees to $75 and $99. However, these cards still provide a lot more value than their annual fees.
These cards come with a bonus 20,000 and 30,000 Mileage Plan miles after spending $1,000 within the first three months. 30,000 miles are good enough to fly one-way business class (for example, Vancouver to New York) short distance or one-way economy class long distance (for example, Toronto to Iceland) on Alaska Airlines partner members.
And then Alaska Airlines MBNA World Elite and Platinum Plus MasterCard let your companion fly for $121 US only when you pay full fare for yourself.
You can fly anywhere Alaska Airlines flies and one popular destination is Hawaii, which could cost around $1000 to $1200 for your companion. The only drawback is that companion fare can be used only on Alaska Airlines and they serve only Western Canadian cities such as Calgary, Edmonton, Kelowna, Vancouver, and Victoria.
Companion fare can easily pay off the cost of the annual fees for these cards: $75 and $99 for Alaska Airlines Platinum Plus & World Elite Mastercard every year.
In the first year, you will have to meet the minimum $1000 spent requirement within the first three months and then the companion fare will be awarded to the primary account holder’s Mileage Plan account after two billing cycles.
Starting the 2nd year, companion fare will be awarded after the anniversary date + within 2 billing cycles.
The anniversary date is not the date when you opened your account, but when you opened the account + an additional 6 to 8 weeks.
As you can see, these two Alaska Airlines cards still provide value if you use them tactically.