Bank of America (BAC) Launches Premium Credit Card with Alaska Airlines

Bank of America Corporation (NYSE:BAC) is one of the best long-term stocks to invest in according to Warren Buffett. The company, in partnership with Alaska Airlines, introduced a premium co-branded credit card on August 20. The credit card, dubbed Atmos Rewards Summit Visa Infinite, is designed for “global travelers” and “modern explorers.” This card is the first premium offering in the new Atmos Rewards loyalty program, which was created following the merger of Alaska Airlines’ and Hawaiian Airlines’ loyalty programs. The card has a $395 annual fee. This is noted as being a lower fee compared to many other premium airline cards on the market.

The card offers a new “Global Companion Award,” a ticket benefit that can be redeemed for a companion’s ticket on a qualifying award booking. Cardholders can earn up to two such awards per year. The card includes eight annual passes to any Alaska Lounge. Cardholders also get access to an elevated bar experience in the lounges through 2026.

This program is part of a renewed long-term partnership between Alaska Air Group and Bank of America, which was extended through 2030. The partnership aims to enhance customer loyalty and drive growth for both companies.

Bank of America Corporation (NYSE:BAC) is a multinational financial services company. It provides banking, investment management, and risk solutions to individuals, businesses, and institutions across more than 35 countries. The company operates through three segments: Consumer Banking, Global Wealth & Investment Management, and Global Markets.

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Disclosure: None. This article is originally published at Insider Monkey.