Alaska Airlines Companion Fare: Everything You Need to Know

Have you heard of the famous Alaska Airlines Companion Fare? If you’ve ever flown on Alaska Airlines, I’m sure you’ve at least heard it mentioned. Typically, toward the end of your flight, they offer an application for their branded credit card which comes with the Companion Fare. It also usually comes with 30-40,000 miles to be used for reward flights. While it’s not always the most lucrative offer points-wise, the Alaska Companion ticket can prove to be quite valuable.

 

What is the Alaska Airlines Companion Fare?

The Alaska Airlines Companion Fare is a one-time use discount code that grants you a second ticket for the same flight by paying only $99 and the taxes and fees (which starts at $22 for a round trip flight) while purchasing one full price ticket. I’ve found the Alaska Airlines Companion Fare to be very beneficial to have when I have specific dates that I need to fly and there are no reward flights available on those dates.

 

For me, this happens somewhat often because my wife is a teacher and only has specific dates that she can travel (the whole Summers off thing). This makes budget travel quite difficult. In particular, around the holidays and spring break for school, are difficult times to find available reward flights. With the Alaska companion fare, at least we save almost half the price we would otherwise have to pay.

 

How the Alaska Companion Fare Has Saved Me Over $1000

The more your flight costs, the more savings you’ll receive from using the companion fare. I’m currently looking for flights to Hawaii around the holidays and let me tell you, they are not cheap!

 

There are also no available reward flights on the dates that we need to travel, so I’m most likely going to use our yearly Alaska Airlines Companion Fare that I get from my Alaska Airlines credit card. Because the flights around that time are so ridiculously expensive, I will likely save nearly $800 by using it. Keep in mind that you can only book economy seats with your Alaska Air companion pass.

 

It is, although, possible to book a flight with your companion pass and then upgrade it with guest upgrades if you have them. They’re acquired by having elite status. With Alaska Airlines, it’s possible to status match elite status from another airline you may have.

 

After using the Alaska Companion Fare just twice, I’ve saved over $1000 on flights by having it. If you end up having expensive flights each year, getting one of the Alaska Airlines credit cards might work well for you too. After my upcoming flight, it could be nearly $2000 saved over 3 round trip flights.

 

How to Get a Companion Fare Discount Code

The one and only way to get an Alaska Airlines Companion Fare discount code is to have either of the Alaska Airlines credit cards. Bank of America offers both a personal credit card and a business card, both of which offer a signup bonus of miles and the companion pass ticket each year. The two cards offer nearly identical benefits other than that. It’s also possible to have multiple Alaska credit cards and therefore multiple companion fares each year.

 

Alaska Airline Personal Credit Card

Alaska Airlines Visa

Introductory Offer:

You'll earn a $99 Companion Fare and 40,000 miles after spending $2000 in the first 90 days.

Rewards:

You'll earn 3X miles on purchases with Alaska Airlines.

Benefits:

Free checked bag.

FICO score.

Annual Fee:

$75

Our Thoughts:

If you have flights that you end up having to pay high values for, the Alaska Airlines Companion Fare can come in handy. Not to mention, the signup bonus is pretty good too.
LEARN MORE >>

 

Alaska Airlines Business Credit Card

Alaska Airlines Business Card

Introductory Offer:

You'll earn a $99 Companion Fare and 40,000 miles after spending $2000 in the first 90 days.

Rewards:

You'll earn 3X miles on purchases with Alaska Airlines.

Benefits:

Free checked bag.

FICO score.

Annual Fee:

$50 per company + $25 per card.

Our Thoughts:

If you have flights that you end up having to pay high values for, the Alaska Airlines Companion Fare can come in handy. Not to mention, the signup bonus is pretty good too.
LEARN MORE >>

 

How to Use Your Companion Fare

When you want to book a flight using your Alaska Airlines Companion Fare can redeem it by clicking the “Shop” button inside the Discounts and Companion Codes tab of your account profile. The companion fare discount code will automatically be added to the reservation. Your discount will be reflected on the price in the “Available flights” and “Cart” pages. Your discount code won’t actually be redeemed until after you have finished purchasing the ticket.

 

Also, know that you can use any credit card to purchase the flight. You aren’t limited to using your Alaska Airlines Visa. It might make more sense to book with a card like the Chase Sapphire Preferred or Ink Preferred because they offer travel insurances that the Alaska card doesn’t.

 

Maximize the Value of Your Alaska Companion Ticket

When you have an Alaska Airlines Companion Fare, you’ll want to maximize the value of it. It won’t do you much good if you use it on a $200 flight because you’ll only save $79. The flights you’ll want to use it on are those $500+ flights that you can’t find any other option. Other than using it on an expensive flight, there are a few other ways to help maximize the value of your Alaska Airlines Companion Fare.

 

Book a Stopover Flight

By booking a stopover flight you’ll add an extra location you get to visit. A stopover flight is one that has a long layover on the way to, or from your final destination. For instance, you could fly one-way DAL>PDX>HNL and have a long enough layover (multiple days) in Portland. This way you could visit Portland before continuing your flight to Hawaii. Essentially, it’s like having a two-stop vacation.

 

Book an Open Jaw Flight

By booking an open jaw flight you’ll also add an extra destination to your itinerary. An open jaw flight is when you add a final destination to the end of your trip for a later vacation. For instance, if you live in Portland, you could fly round trip PDX>HNL>PDX>DAL with a long break between the PDX>DAL part of the itinerary. This allows you to have half of your future Dallas flights paid for. You’d just have to book a one-way ticket to get home.

 

Status Match so You Can Upgrade to First Class

We mentioned that Alaska Airlines Companion Fare’s are only bookable in economy class. You can actually turn this into a first class flight by getting upgraded. One way to get upgraded on your flight is to status match from another airlines loyalty program to Alaska’s. If you have an upper level of elite status with another airline you can potentially get a status match to MVP Gold or MVP Gold 75k. With either of these levels, you receive 4 guest upgrade promo codes that can be used to upgrade your flights. If you’ve never flewn in first class, this is a way to achieve it without paying the big bucks.

 

Book a Flight for Someone Else

If you end up not having a flight that makes sense to use the Alaska Airlines Companion Fare during the year, don’t let it go to waste. You’re actually allowed to use it for someone else’s flights. Surely you have a friend or family member that will be flying. Remember that the companion fare is only valid for one year and expires. You aren’t able to stockpile them for multiple years to use together. If you have a family of four, I’m sure this might have crossed your mind.

 

Get Two Cards for Your Family of 4

If you do have a family of four or more, you can take advantage of having multiple Alaska Airlines Companion Fares. No, as I mentioned above, you can’t stockpile the discount codes from year to year. But, instead, you can have more than one Alaska Airlines credit card for your family. Either two personal cards for the adults in the family, or a personal card and a business card if you’re a small business owner.

alaska airlines companion fare offer

 

Down-sides to the Alaska Airlines Companion Fare

Of course, every offer comes with restrictions and down-sides. Like any other offer, this one does too. Fortunately, there aren’t very many negatives to the Alaska Air Companion Fare. It’s about as restriction-free as an offer can get. Here are the few negatives about the Alaska credit card companion fares.

 

Unable to Combine with Other Discounts

One of the negatives is that the Alaska Airlines Companion Fare discount codes cannot be used along with any other discount codes. This means if you have a travel voucher from Alaska Airlines, you won’t be able to use it on the same flights. I actually tried this recently, because my wife and I had quite a few vouchers from interruptions to our flights over the past year, as well as a companion fare. It was not possible to combine the two.

 

No Cancelations without Forfeiting the Companion Fare

Be sure of your plans before booking a flight with your Alaska Companion ticket. If you need to cancel your flights, unfortunately, you will forfeit your Alaska Companion Fare. If for some reason you absolutely must cancel a flight, I would still reach out to Alaska Airlines customer service to ask if it’s possible for them to add it back into your account. Their customer service is often very nice and will help you out in any way possible.

 

Only Valid for Economy Seats

We’ve mentioned it a few times, but the Alaska Airlines Companion Fare is only valid for booking economy seats. In the past, it was possible to book first class, which made the offer even more valuable. Unfortunately, they got rid of that option a few years back. Remember, it is possible to upgrade those economy seats though.

 

Our Review of Having the Alaska Air Companion Fare

Overall, the Alaska Air credit cards are quite beneficial. They can help you out when you’re in a sticky situation and can’t find reward space. The bonus miles you’ll receive are also a decent chunk of Alaska miles. It can sometimes be enough miles for multiple round trip flights in an economy seat or a one-way first-class flight.

 

I have the personal Alaska Airlines Visa credit card and find it valuable enough to continually pay the annual fee to keep the card. If we end up with two children in the future, I’ll absolutely be adding a second card to the mix as well. The Alaska Companion Pass pays off when you really need it. I’ve been able to find a reason to use our Alaska Airlines Companion Fare each and every year I’ve been a cardmember.

 

Decision Time: Could You Use a Companion Pass?

If you’re someone who often flies with a partner and ends up having to pay money for flights, one of these credit cards is likely a good option. Having a companion ticket for as little as $121 each year can really pay off. Other airlines have companion passes similar to this, but none of them are as easy to earn. Many other companion passes are only given to you after a certain amount of spend on a credit card each year (like $10,000). The best part of the Alaska Airlines Companion Fare is that you automatically recieve it each year.

 

Alaska Airlines Visa

Introductory Offer:

You'll earn a $99 Companion Fare and 40,000 miles after spending $2000 in the first 90 days.

Rewards:

You'll earn 3X miles on purchases with Alaska Airlines.

Benefits:

Free checked bag.

FICO score.

Annual Fee:

$75

Our Thoughts:

If you have flights that you end up having to pay high values for, the Alaska Airlines Companion Fare can come in handy. Not to mention, the signup bonus is pretty good too.
LEARN MORE >>

Alaska Airlines Business Card

Introductory Offer:

You'll earn a $99 Companion Fare and 40,000 miles after spending $2000 in the first 90 days.

Rewards:

You'll earn 3X miles on purchases with Alaska Airlines.

Benefits:

Free checked bag.

FICO score.

Annual Fee:

$50 per company + $25 per card.

Our Thoughts:

If you have flights that you end up having to pay high values for, the Alaska Airlines Companion Fare can come in handy. Not to mention, the signup bonus is pretty good too.
LEARN MORE >>
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