$500 Alaska Airlines gift card for $450 at Costco

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Update 4/8/21: As more people become vaccinated and start thinking about travel again, I’m re-posting this as a reminder that this is still a way to stack a discount on Alaska Air. We originally posted this in November 2020 and Stephen has had it in our weekly Last Chance Deals post ever since because it has continued to be available. Costco advertised it in this week’s email, but it isn’t clear whether they intend any end date.

Costco is offering a $500 Alaska Airlines gift card for $450. If you’re not already sitting on credits from canceled travel this year and you otherwise frequently fly with Alaska, that could be a nice way to save a chunk of change.

The Deal

Key Terms

  • No Travel Restrictions or Blackout Dates
  • No Expiration
  • Only valid at alaskaair.com for Alaska Airlines flights
  • Limit 10 Per Member
  • Delivered via Email
  • Delivered via email within 24 business hours (additional processing time may be required on holidays and weekends)

Quick Thoughts

I don’t often fly Alaska, but man I’m almost tempted by this because of the recent opportunity they offered to convert wallet funds to miles at a cost of $0.01 per mile. I said almost. I’m not going to spend four hundred and fifty bucks hoping they bring that deal back.

I’m further uninterested in this deal because, even though we now have an Alaska Companion Fare code thanks to a recent credit card sign up, last year they began requiring that you purchase the paid fare for that with the associated Alaska Airlines credit card. I don’t believe (though feel free to correct me if I’m wrong) that you can use wallet funds in conjunction with that.

However, for someone who is based in a major Alaska market, particularly those on the west coast, saving 10% on airfare looks like a good deal to me (assuming you are a Costco member). I believe that Costco Executive members would even get 2% back on top, sweetening the deal a bit further.

H/T: missydarlin on Flyertalk via The Gate

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