Alaska Airlines' premium Atmos Rewards Summit Visa Infinite card is currently dangling one of the richer welcome deals in the airline card space: 80,000 bonus points plus a 25,000-point Global Companion Award. To land it, you'll need to spend $4,000 in the first 90 days. The catch? The offer is expected to be pulled soon, so anyone considering it should move quickly.

The card carries a $395 annual fee, which sounds steep until you weigh it against the sign-up value. One miles blogger values Atmos points at 1.5 cents each, putting the current package at roughly 105,000 points — around $1,575 in travel value. That's not even the card's record: the best offer seen so far was 100,000 points plus the Companion Award, though there's no telling if that returns.

What makes the card interesting beyond the bonus is the ongoing perks stack. Cardholders get 3x points on foreign purchases and dining, plus a fast track to elite status via a 10,000-point anniversary boost and one status point per $2 spent. The Global Companion Award system is the standout: a 25,000-point companion award every anniversary just for holding the card, and a 100,000-point version if you put $60,000 of spend on it in a year.

Practical travel perks round things out — two Alaska Lounge passes and two inflight Wi-Fi passes per quarter (eight of each annually), a free first checked bag, 20% off inflight purchases on Alaska and Hawaiian flights, preferred boarding, and upgrade priority. Fees get waived too, including the $20 partner award booking fee and same-day change fees. There's also primary rental car coverage and standard travel protections for delays and lost bags.

On the eligibility side, the rules are refreshingly loose: you can qualify for the Summit card even if you already hold any other Atmos Rewards personal or business card. The issuer is Bank of America, which has a reputation for being relatively straightforward with approvals.

For travellers, the real hook is flexibility. Atmos points work across Alaska's partner network, including oneworld carriers — so the bonus can stretch well beyond Alaska's own routes, whether that's a domestic American Airlines flight or a long-haul redemption. Points can even be shared with up to 10 other members at no cost, which is handy for pooling towards a bigger trip. If you fly Alaska or Hawaiian even a couple of times a year, the annual companion award and lounge passes alone can offset much of the fee.

Anyone eyeing the offer shouldn't wait for a better one to appear — the current package may disappear before you finish comparing cards.