Terms and Conditions of Alaska Airlines

Terms and Conditions of Alaska Airlines

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Credit Card Disclosure

†Details of Rate, Fee and Other Cost Information

Account terms are not guaranteed for any period of time. All terms, including fees and APRs for new transactions, may change in accordance with the Credit Card Agreement and applicable law based on information in your credit report, market conditions, business strategies, or for any reason. Please review all the materials in this package so that you are fully informed about the terms of this credit card offer.

Interest Rates and Interest Charges
Annual Percentage Rate (APR) for Purchases 14.24% for Visa Signature® accounts, 14.74% for Platinum Plus® accounts, or 15.74% for Classic accounts, based on your creditworthiness when you open your account.

After that, your APR will vary with the market based on the Prime Rate.
APR for Balance Transfers 14.24% for Visa Signature accounts, 14.74% for Platinum Plus accounts, or 15.74% for Classic accounts, based on your creditworthiness when you open your account.

After that, your APR will vary with the market based on the Prime Rate.
APR for Cash Advances 17.24% for Visa Signature accounts, 17.74% for Platinum Plus accounts, or 18.74% for Classic accounts, based on your creditworthiness when you open your account, for Direct Deposit and Check Cash Advances, and
24.99% for Bank Cash Advances. See footnotes Footnote 1 and Footnote 2 for explanation.

These APRs will vary with the market based on the Prime Rate.
Penalty APR
and When it Applies
Up to 29.99%, based on your creditworthiness.
This APR will vary with the market based on the Prime Rate.

This APR may be applied to new transactions on your account if you:
Make a late payment.

How Long Will the Penalty APR Apply?: If your APRs are increased, the Penalty APR will apply indefinitely.

How to Avoid Paying Interest on Purchases Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month.
Minimum Interest Charge If you are charged interest, the charge will be no less than $1.50.
For Credit Card Tips from the Consumer Financial Protection Bureau To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore

Fees
Annual Fee $75 for Visa Signature accounts,
$50 for Platinum Plus accounts, or
$35 for Classic accounts.
Transaction Fees
• Purchases Purchases of wire transfers from a non-financial institution:
Either $10 or 5% of the amount of each transaction, whichever is greater.
• Balance Transfers Either $10 or 3% of the amount of each transaction, whichever is greater.
• Cash Advances Direct Deposit and Check Cash Advances:
Either $10 or 3% of the amount of each transaction, whichever is greater.

ATM, Over-the-Counter, Same-Day Online and Cash Equivalent Cash Advances:
Either $10 or 5% of the amount of each transaction, whichever is greater.

Overdraft Protection Cash Advances (if enrolled):
$10 for each transaction (not assessed if checking account overdrawn by less than $10).
Foreign Transactions
3% of the U.S. Dollar amount of each transaction made in a foreign currency or made in U.S. Dollars that is processed outside the United States.
This fee will be in addition to any other applicable fee.
Penalty Fees
• Late Payment Up to $35
• Returned Payment Up to $25
How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).”

Payments are allocated to posted balances. If your account has balances with different APRs, we will allocate the amount of your payment equal to the Total Minimum Payment Due to the lowest APR balances first. Payment amounts in excess of your Total Minimum Payment Due will be applied to balances with higher APRs before balances with lower APRs.


Any Direct Deposits completed at the time your application is processed will be Balance Transfers.

Bank Cash Advances include ATM, Over-the-Counter, Same-Day Online, Overdraft Protection and Cash Equivalent (money orders, foreign currency, and travelers checks from a non-financial institution, person-to-person money transfers, bets, lottery tickets, casino gaming chips and bail bonds) Cash Advances.

More Information about Penalty Fees and Penalty APR
Penalty Fees: If your Total Minimum Payment Due is not received by your Payment Due Date, a Late Payment Fee of $25 will be assessed; $35 for subsequent occurrences that are within 6 billing cycles of a previous occurrence. However, the Late Payment Fee will not exceed the total minimum payment that was due. If your balance is $100 or less on the Payment Due Date, we will not assess a Late Payment Fee. The Returned Payment Fee will not exceed the total minimum payment that was due.
Penalty APR: Your Penalty APR will not exceed 29.99% on new transactions. There is no Penalty APR on existing balances.

CONDITIONS
By submitting this application, you: (1) acknowledge that you have reviewed the credit card Terms and Conditions; (2) agree to submit your application for this credit card subject to those Terms and Conditions; and (3) authorize us to use the information in your application, and any other information we or our affiliates have about you, to determine your ability to pay, as required by Federal law.

The words “you” and “your” apply to each person who submits the application. You have read the accompanying application, and you affirm that everything you have stated is true and complete. You are at least 18 years of age or you are at least 21 years of age if a permanent resident of Puerto Rico. You authorize Bank of America, N.A. (hereinafter “us” or “our”) to obtain your credit report(s), employment history and any other information in order to approve or decline this application, service your account, and manage our relationship with you. You consent to our sharing of information about you and your account with the organization, if any, endorsing this credit card program. You authorize us to share with others, to the extent permitted by law, such information and our credit experience with you. In addition, you may as a customer later indicate a preference to exempt your account from some of the information-sharing with other companies (“opt-out”). If you accept or use an account, you do so subject to the terms of this application, the “Details of Rate, Fee and Other Cost Information” and the Credit Card Agreement, as it may be amended; you also agree to pay and/or to be held jointly and severally liable for all charges incurred under such terms. Any changes you make to the terms of this application will have no effect. You understand that your credit line will be determined based on your creditworthiness and your account type will be determined based on your approved credit line as follows: if your application is approved with a credit line that is greater than or equal to $5,000, you will receive a Visa Signature® account; if your credit line is less than $5,000, but greater than or equal to $2,000, you will receive a Platinum Plus® account; if your credit line is less than $2,000, you will receive a Classic account. The APRs, Annual Fees and benefits for Platinum Plus® accounts and Classic accounts differ from each other and from Visa Signature® accounts. You understand that only a portion of your Total Credit Line will be available for Bank Cash Advances. You accept that on a periodic basis your account may be considered for automatic upgrade at our discretion. You consent to and authorize us, any of our affiliates, or our marketing associates to monitor and/or record any of your phone conversations with any of our representatives. If additional development is necessary based on the application information provided, we will make every attempt to contact you.

FEATURES

Alaska Airlines Credit Card Program Summary. Earn one mile for every dollar of qualifying purchases less any credits, returns and adjustments (“Net Purchases”) charged to the card each billing cycle. Visa Signature® accounts earn triple miles and Platinum Plus® accounts earn double miles on Net Purchases of Alaska Airlines tickets, Vacation packages, and Cargo purchases. Classic accounts do not earn bonus miles on such purchases. Alaska Airlines tickets sold through a travel agency as part of a cruise or tour package other than an Alaska Airlines Vacations package do not qualify for triple or double purchase miles. Balance Transfers, Cash Advances, including purchases of money orders or other cash equivalents, fees, interest charges, fraudulent transactions and certain other charges do not earn miles. All miles earned on the account will be credited to the primary cardholder's Alaska Airlines Mileage Plan account. Your card will be automatically enrolled in Mileage Plan Dining Rewards by Rewards Network and a Welcome Kit will be sent to you explaining your restaurant dining earning opportunities. Earn up to five miles per qualifying dollar spent at select restaurants. For a complete list of participating restaurants, visit http://mileageplan.rewardsnetwork.com/. Miles will be posted from Mileage Plan Dining and will be reflected on your Mileage Plan statement.

Visa Signature accounts will receive an annual round-trip coach Companion Fare on Alaska Airlines from $121 (USD) ($99 base fare plus taxes and fees, from $22 depending on your Alaska Airlines flight itinerary) when traveling with another passenger on a paid published coach airfare on the same itinerary, booked at the same time. The Companion Fare e-certificate is issued to the primary cardholder's Mileage Plan account upon approval of a new account and on each anniversary thereafter. The Companion Fare must be redeemed within 12 months of the date of issue. Once ticketed, travel may be completed after the expiration date of the Companion Fare. The expiration date cannot be extended and, once your Companion Fare has expired, it cannot be exchanged. If your Account is closed, changed from an Alaska Airlines Visa Signature Account to an account other than a Visa Signature Account or an Account with no annual fee, you are no longer eligible to receive this benefit. Mileage cannot be used as a form of payment, however mileage credit accrual is allowed for both travelers. Travelers are responsible for all applicable checked baggage fees. The Companion Fare is not valid with award travel, and cannot be combined with other discounts. Applicable taxes and fees are subject to change.

Visa Signature Cardholders receive a $50 discount towards a new Alaska Airlines Board Room airport lounge membership. Alaska Airlines Board Room airport lounges are located at select airports: Seattle, Los Angeles (LAX), Portland and Anchorage. Alaska Airlines reserves the right to revise Board Room hours of operation and limit the number of guests per room based on occupancy restrictions or adverse conditions at individual airport locations.

Platinum Plus accounts will receive a $50 Discount Code offer each year, upon approval and on each anniversary, entitling the primary cardholder to up to $50 off a published base fare round-trip or one way travel at alaskaair.com. One discount allowed per reservation. The Discount Code must be used within 12 months of the date of issue. The expiration date is indicated next to the code in your MyAccount profile. Not applicable to Award Reservations, Vacation packages, tour or contract fares. Any Discount Code value remaining after purchase is forfeited. Mileage Plan credit applies and upgrades are allowed. Passenger is responsible for all applicable taxes, fees, surcharges and applicable checked baggage fees. Classic accounts do not receive an annual airfare discount benefit.

If you are not a current Alaska Airlines Mileage Plan member, Alaska Airlines will enroll you into the Alaska Airlines Mileage Plan program when you become a cardholder. Alaska Airlines has the sole responsibility for the Mileage Plan program, which is subject to amendment or termination at any time. If no mileage is credited to an account during the first nine months after it is opened, or if an account is inactive for longer than two years, Alaska Airlines Mileage Plan reserves the right to delete an account or mileage and reassign the number. Once mileage has been deleted from an account, it will not be reinstated. See Program Guidelines and Award Chart at alaskaair.com for details regarding award mileage requirements. All other Mileage Plan terms and conditions found at alaskaair.com. Other terms and conditions may apply as stated in your Program Rules, which will be provided with your new account materials. We may change, add or delete terms of your account including, but not limited to, the benefits listed above.

Bonus Miles Offer. You will qualify for 25,000 bonus miles upon approval of a Visa Signature® account, 5,000 bonus miles upon approval of a Platinum Plus® account or 3,000 bonus miles upon approval of a Classic account. Bonus miles and card enrollment benefits will be credited to your Alaska Airlines Mileage Plan™ account approximately 2-3 weeks after approval. Passenger is responsible for all applicable taxes, fees, surcharges and applicable checked baggage fees. The value of this reward may constitute taxable income to you. You may be issued an Internal Revenue Service Form 1099 (or other appropriate form) that reflects the value of such reward. Please consult your tax advisor, as neither we, nor our affiliates, provide tax advice.

Mobile Banking. Mobile Banking requires enrollment through the Mobile Banking app, Mobile Website or Online Banking. View the Online Banking Service Agreement for more information. Data connection required. Wireless carrier fees may apply. The Mobile Banking app is available on iPad, iPhone, and Android devices.

Alerts. Alerts received as text messages on your mobile access device may incur a charge from your mobile access service provider. The Mobile Banking app and Mobile Banking app alerts are not available on select devices. Mobile Banking app alerts are not available on the Mobile Website.

$0 Liability Guarantee. The $0 Liability Guarantee covers fraudulent purchases and payments made by others using your account. To be covered, don’t share personal or account information with anyone. Claims may only be filed by accountholder against posted and settled transactions subject to dollar limits and verification, including providing requested information supporting fraudulent use claim.

Text Banking. Bank of America does not charge for Text Banking. However, your mobile service provider may charge for sending and receiving text messages on your mobile phone. Check with your service provider for details on specific fees and charges that may apply.

Card Benefits. Certain restrictions apply to each benefit. Platinum Plus® and Classic card benefits differ from each other and from Visa Signature® card benefits (i.e., coverage amounts vary and some benefits are not available). Details accompany new account materials.

Overdraft Protection. Overdraft transfers to your eligible Bank of America checking account from your credit card account will be Bank Cash Advances under your Credit Card Agreement. Transfers will be subject to the terms of both your Credit Card Agreement and the account agreement(s) and disclosures governing your Bank of America checking account. If you link your Bank of America checking account to your credit card for Overdraft Protection, we will automatically transfer funds in multiples of $100 from your credit card account to cover any overdraft on your checking account, as long as the portion of credit available for cash on your credit card account is sufficient and you are not in default under your Credit Card Agreement. A fee of $10 will apply for each transaction. The fee will not be assessed if your checking account is overdrawn by a total amount less than $10, after we finish processing for the day. The Bank Cash Advance will accrue interest at the APR stated in your Credit Card Agreement. If the portion of credit available for cash on your credit card account is insufficient to cover the amount required by the overdraft (in the multiple of funds stated above), we may advance the funds even if it causes your credit card account to exceed your Cash Credit Line. Linking Overdraft Protection from your Bank of America checking account to your credit card will end any Overdraft Protection connections to your Bank of America savings account. Please see your Credit Card Agreement for additional details.

BALANCE TRANSFERS
If the total amount you request exceeds your Total Credit Line, we may send full or partial payment to your creditors in the order you provide them to us. Allow at least 2 weeks from account opening for processing. Continue paying each creditor until the transfer appears as a credit. Balance Transfers incur interest charges from the transaction date. If you revolve your balance to take advantage of a promotional or introductory offer, all transactions and balances, including purchases, will be charged interest. The Balance Transfer fee is 3% of the amount of the transaction (min. $10). If you have a dispute with a creditor and pay that balance by transferring it to your new account, you may lose certain dispute rights. Balance Transfers may not be used to pay off or pay down any account issued by Bank of America, N.A., FIA Card Services, or its affiliates.

The information contained in these disclosures is updated regularly, but may have changed since the last update.

The Bank of America® Privacy Notice is available at www.bankofamerica.com and accompanies the credit card.

This credit card program is issued and administered by Bank of America, N.A. Any account opened in response to this application shall be governed by the laws of the State of North Carolina. Visa and Visa Signature are registered trademarks of Visa International Service Association, and are used by the issuer pursuant to license from Visa U.S.A. Inc. Platinum Plus, Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation. American Airlines is a registered trademark of American Airlines, Inc.
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