(EXPIRED) Buy $500 Alaska Airlines Gift Cards For $399.99 at Costco (In-Store Only)

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Costco is offering a $500 Alaska Airlines gift card for $399.99. For a big chunk of last year, we saw the same $500 gift cards on sale for $450, so this is a big improvement and a great deal for anyone with paid travel on Alaska.

Unfortunately, these are only available in-store and can’t be purchased online.

a white airplane in the airThe Deal

  • Costco members can get a $500 Alaska Airlines gift card for $399.99 in-store at Costco.

Key Terms

  • No Travel Restrictions or Blackout Dates
  • No Expiration
  • Only valid at alaskaair.com for Alaska Airlines flights
  • Valid in-store only, not on Costco.com.

Quick Thoughts

I fly a lot of paid Alaska for work, so this is a no-brainer for me and for anyone else who pays for Alaska travel. These cards can also be loaded into your account as wallet funds and used to pay for a companion fare (awarded as anniversary bonuses on the Alaska Credit Cards), potentially making them an even better value.

The one downside is not being able to earn 3-5x on the airfare purchase.  For those with the Point Debit card, although it’s officially against the T&C, it sounds as if gift card purchases have been earning 5% cashback. YMMV.

Stephen notes that these cards can’t be resold on Raise, so be aware of that before buying a bunch if you’re planning on reselling them there.

h/t: GC Galore

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