3 level $35/$50/$75 annual fee
1-3 miles per $1
Card comes in Signature ($75 annual fee, 14.24% regular APR), Platinum Plus ($50 annual fee, 14.74% APR) or Preferred ($35 annual fee, 15.74% APR) versions
Airline credit cards shine when you travel one particular airline often. For other situations, it is usually better to have a travel rewards card. For example, BankAmericard Travel Rewards card with 1.5% rewards rate or Barclaycard Arrival + with 2.2% rewards rate.However, in this particular case, you should consider that Alaska Airlines miles are the ones most valuable among U.S. air carrier reward programs. Experts say currently in 2014 one Alaska Airlines mile costs about 2 cents. That changes the parts of the equation, and an Alaska card makes more sense with its 2 cents per $1 spent rate (with up to 6 cents on Alaska Airlines travel spending).