All information about the Atmos™ Rewards Visa Signature® Business Card card has been collected independently by 10xtravel.com.

For small business owners and frequent travelers, choosing the right co-branded airline credit card can unlock substantial travel value, priority perks and cash-saving benefits. The Atmos™ Rewards Visa Signature® Business Card, issued by Bank of America, stands out as a feature-packed co-branded option at an accessible price point.

With an annual fee of $70 for the company and $25 per card and a robust lineup of benefits, this card delivers surprising firepower for business spending.

In this review, we’ll explore its earning potential, core perks, redemption options and how it stacks up against the competition to help you decide if it deserves a spot in your wallet.

Woman holding a credit card while using a laptop to manage business finances.

Atmos Rewards Business Card: Quick Overview

Before delving into its features, here’s a quick overview of the Atmos Rewards Business Card.

Card FeaturesAtmos Rewards Business Card
Annual fee$70 for the company and $25 per card
Earning rates
  • 3 points per $1 spent on eligible Alaska Airlines and Hawaiian Airlines purchases
  • 2 points per $1 spent on eligible gas, EV charging stations, shipping and local transit (including rideshare) purchases
  • 1 point per $1 on all other purchases
Cardholder perks
  • $99 Companion Fare (plus taxes and fees from $23) on Alaska Airlines or Hawaiian Airlines operated flights within North America, including Hawaii, after spending $6,000 or more within the previous anniversary year
  • 20% rebate on food, beverage and Wi-Fi purchases onboard Alaska and Hawaiian flights
  • $100 discount on an annual Alaska Lounge+ membership
  • Preferred boarding (Group C) for cardholders and up to six guests traveling on the same reservation for flights operated by Alaska Airlines, Hawaiian Airlines, Horizon Air or SkyWest
  • 1 status point per $3 spent on the card with no earnings limit
  • Free checked bag for cardholders plus up to six guests traveling on the same reservation
  • 10% bonus on all points earned from card purchases if your company has an eligible Bank of America® small business account
  • No foreign transaction fees

Earning Rates

The Atmos Rewards Business Card earns the following rates on eligible spending:

  • 3 points per $1 spent on eligible Alaska Airlines and Hawaiian Airlines purchases
  • 2 points per $1 spent on eligible gas, EV charging stations, shipping and local transit (including rideshare) purchases
  • 1 point per $1 on all other purchases

If you spend a significant amount on cash fares with Alaska and Hawaiian, earning 3 points for every dollar spent represents a lucrative rate of return. Similarly, earning 2 points per dollar on everyday purchases such as gas, EV charging stations, local transit and business shipping expenses offers a competitive return on your spending. If the bulk of your business spending goes toward these purchase types, the Atmos Rewards Business Card offers an excellent way to convert your operating expenses into Atmos Rewards points.

However, the card comes with a weak baseline rate of just 1 point per dollar spent on non-bonus spending, making it less than ideal for miscellaneous business purchases. If you want a card that covers quarterly tax payments, contractor invoices and other common business expenses, you’re better off looking elsewhere.

Cardholder Perks

For a card with an annual fee of just $70 plus $25 per card, the Atmos Rewards Business Card comes with a surprising number of cardholder perks.

$99 Companion Fare

The card’s headline perk is its Companion Fare. The Companion Fare can be redeemed on Alaska Airlines or Hawaiian Airlines operated flights within North America, including Hawaii, and allows you to book a second passenger on a round-trip economy fare for just $99 (plus taxes and fees from $23). Keep in mind that you must purchase both fares using your Atmos Rewards Business Card, and it’s only valid for cash fares (not award travel).

To get the Companion Fare, you need to spend $6,000 or more within the previous anniversary year. However, the Companion Fare is often included as part of the card’s welcome offer, meaning you could use it in your first year of card membership if you earn the welcome offer. This benefit alone can easily offset the card’s annual fee, especially if redeemed for a transcontinental flight or a flight to Hawaii during peak season.

Preferred Boarding

Cardholders enjoy preferred boarding for themselves and up to six guests traveling on the same reservation. This applies to flights operated by Alaska Airlines, Hawaiian Airlines, Horizon Air and SkyWest. Both the primary cardholder and employee cardholders qualify for this benefit.

Preferred boarding allows you to board the plane before general boarding but after Atmos Rewards elite status holders, Oneworld® alliance elite members, customers with First Class or Premium Class seating and any other pre-board groups. You must purchase your airfare with your Atmos Rewards Business Card to qualify for preferred boarding.

20% Rebate on Inflight Purchases

Atmos Rewards Business cardholders enjoy a 20% rebate on food, beverage and Wi-Fi purchases onboard Alaska and Hawaiian flights, issued as a statement credit.

With Alaska and Hawaiian’s continued rollout of complimentary Starlink Wi-Fi across its fleet, the 20% rebate will have little benefit for Wi-Fi purchases. However, if you regularly purchase a drink or snack, this is an easy way to put some money back in your pocket.

$100 Alaska Lounge+ Membership Discount

As an Atmos Rewards Business cardholder, you’ll receive a $100 discount on an annual Alaska Lounge+ membership. If you already pay for lounge access with Alaska or are considering doing so, this is a solid benefit.

A standard Alaska lounge membership, which includes access to Alaska lounges and The Plumeria Lounge at Honolulu (HNL), costs $595 per year.

Alaska currently has lounges at the following airports:

  • Anchorage (ANC)
  • Los Angeles (LAX)
  • Portland (PDX)
  • San Francisco (SFO)
  • Seattle/Tacoma (SEA) — three lounges

While Alaska’s lounge network is small compared to legacy carriers’, it offers high-quality spaces and is set to open one of the largest lounges in the United States in 2027 at Seattle/Tacoma airport, coming in at 40,000 square feet.

The $100 discount applies to an Alaska Lounge+ membership, which extends your access to nearly 90 partner lounges. This membership costs $795 per year and includes access to partner lounges such as American Airlines Admirals Clubs, Qantas Club® lounges and specific Escape Lounges, Aspire Lounges and The Club locations.

You can bring up to two guests or immediate family members into Alaska lounges if they have a valid boarding pass for a flight on Alaska or Hawaiian Airlines, a Oneworld partner airline or an eligible non-alliance partner airline.

The $100 discount cannot be combined with other lounge membership discounts, such as those earned through elite status. Just note: you need to make the purchase with the card to get the discount.

Free Checked Bag Perk

As a cardholder, you and up to six guests on the same reservation can enjoy a first free checked bag. Alaska charges $45 for a first checked bag, meaning that this perk can save you up to $90 per person per round trip. For a group of seven travelers (yourself plus six companions), that’s a total of $630 in savings per round trip.

The free checked bag perk is available on flights marketed by Alaska Airlines and Hawaiian Airlines and operated by Alaska Airlines, Hawaiian Airlines, Horizon Air or SkyWest. You must purchase your airfare with your Atmos Rewards Business Card to receive the free checked bag benefit.

Earn Status Points on Spending

On top of earning Atmos Rewards points on every purchase, you’ll earn 1 status point for every $3 spent on your card, so every purchase pushes you closer to elite status. If you spend a lot on your card, you can earn elite status without needing to regularly step foot on a plane.

10% Bonus Points Boost

If your company has an active qualifying Bank of America small business checking/savings account or a qualifying business investment account with Merrill, you’ll earn a 10% bonus on points earned from card purchases. For instance, if your business charges $20,000 per month on purchases earning 1 point per dollar with the card, you’d receive 24,000 bonus Atmos Rewards points every year.

If you already bank with Bank of America, this is an easy way to score bonus Atmos Rewards points.

Business travelers walking through an airport terminal with rolling suitcases.

Redemption Options

Atmos Rewards points are one of the most valuable U.S. frequent flyer rewards currencies. This is because the Atmos Rewards program is one of the few airline loyalty programs to still use a published partner award chart, making redemptions predictable and lucrative.

While there are numerous ways to redeem your points with Alaska, Hawaiian and their Oneworld airline partners, some of the best ways include:

  • Flying with Aer Lingus to Dublin (DUB) starting at 45,000 points each way in business class from the East Coast
  • Flying American Airlines’ Flagship Suite to London (LHR) for 55,000 points each way
  • Flying Japan Airlines from Seattle (SEA) to Tokyo (HND or NRT) for 60,000 points each way in business class
  • Flying Starlux Airlines from the West Coast to Taipei (TPE) for 75,000 to 85,000 points each way in business class

These are just a handful of the ways you can redeem your Atmos Rewards points for outsized value. These blow United Airlines and Delta Air Lines’ redemptions out of the water and are on par with American Airlines AAdvantage redemptions.

If you’re looking to funnel your business expenditure onto a card with a high-value return, these lucrative redemption options make the Atmos Rewards Business Card a strong contender.

Atmos Rewards Business Card vs. Other Business Cards

For a low annual fee, the Atmos Rewards Business Card offers a ton of value. However, that doesn’t mean it’s the best card for every business.

The first question to ask yourself when searching for a small business credit card is which type of points you want to earn. If you want maximum redemption flexibility and aren’t particularly loyal to any specific airline or hotel, your best option is a flexible travel rewards business credit card. Some strong options include:

  • American Express® Business Gold Card ($375 annual fee, see rates and fees): Offers dynamic bonus earnings with 4X Membership Rewards® points on the top two eligible business categories where your business spends the most each billing cycle (on up to $150,000 in combined annual spend; 1X points thereafter)
  • Chase Ink Business Preferred® Credit Card ($95 annual fee): A powerhouse all-rounder that earns 3X Ultimate Rewards points on up to $150,000 in combined annual spend (1X points thereafter) across popular business categories, including travel, shipping, internet/phone services and online advertising
  • Chase Ink Business Unlimited® Credit Card ($0 annual fee): Ideal for simplifying overhead expenses by earning a flat 1.5% cash back (or 1.5X Ultimate Rewards points) on every business purchase without any category caps or restrictions
  • Capital One Venture X Business ($395 annual fee): Built for high-spending businesses seeking premium travel perks, offering flat-rate 2X miles on all purchases alongside lounge access, a $300 annual travel credit and 10,000 anniversary bonus miles

Alternatively, if you fly frequently with a specific airline or always stay with the same hotel chain, you might want to open a co-branded card with that company. The Atmos Rewards Business card is a prime example of this for business owners who are frequent flyers with Alaska Airlines and want to maximize their Atmos Rewards redemptions.

If you don’t live near an Alaska hub, you might instead be a frequent flyer with United Airlines, Delta Air Lines or Southwest. In that case, one of the following business cards could suit you better:

To find the ideal card, begin by evaluating your primary business travel routes and hub access. If your employees frequently fly out of West Coast or Hawaiian airports where Alaska Airlines and Hawaiian Airlines hold a major presence, the Atmos Rewards Business Card delivers unmatched value for a low annual fee through its free checked bag policy, priority boarding and $99 Companion Fare.

However, if your team relies heavily on airports dominated by legacy carriers such as Delta and United, opting for one of their dedicated co-branded options will unlock essential perks such as lounge access and free checked bags that align directly with your travel patterns.

Business traveler working on a laptop beside his suitcase in an airport lounge.

Is the Atmos Rewards Business Card Worth It?

With a competitive $70 annual company fee plus $25 per card, the Atmos Rewards Business Card delivers strong value that can easily outweigh its recurring cost.

To put the fee into perspective, taking advantage of the free checked bag perk for just one round-trip flight more than offsets the $70 company fee. Add in the high-value Atmos Rewards point redemptions, Companion Fare and status-earning capabilities, and it becomes a powerful tool for the right business owner.

When It Makes Sense

If you’re on the fence, here are some key scenarios where holding the Atmos Rewards Business Card makes sense:

  • You regularly fly Alaska Airlines or Hawaiian Airlines: If your team relies on either carrier for business travel across North America, Hawaii or transpacific routes, the perks—including priority boarding, 20% onboard rebates and waived checked bag fees for up to six guests—deliver immediate, recurring savings.
  • You can hit the $6,000 annual spend threshold: Spending $6,000 per anniversary year unlocks the $99 Companion Fare (plus taxes and fees from $23). Using this single benefit for a high-demand route to Hawaii or across the country can net hundreds of dollars in value.
  • You want to spend your way toward elite status: Earning 1 status point for every $3 spent on the card gives you an easy way to climb the Atmos Rewards elite tiers without having to fly frequently.

When It Doesn’t Make Sense

And here’s where the Atmos Rewards Business Card might not make sense:

  • Your business spending is mostly non-category: The card’s baseline earning rate of 1 point per dollar on general purchases is underwhelming. If your primary expenses are inventory, contractor fees or client invoices, a flat-rate card earning 2X transferrable points or cash back will yield better returns.
  • You aren’t based near an Alaska or Hawaiian hub: Unless you frequently connect through major hub airports such as Seattle (SEA), Portland (PDX), Anchorage (ANC), San Francisco (SFO), Los Angeles (LAX) or Honolulu (HNL), you’ll miss out on the bulk of the card’s inflight and airport privileges.
  • You prefer maximum award travel flexibility: Atmos Rewards points are tied to Alaska, Hawaiian and their Oneworld partner network. If you want the freedom to transfer points across multiple competing airlines and hotel chains, flexible rewards currency cards such as the Chase Ink Business Preferred or American Express Business Gold Card are better suited for your strategy.

Final Thoughts

The Atmos Rewards Business Card punches well above its weight class for a low-tier annual fee card.

While its baseline earning rate means it shouldn’t be your sole credit card for general business overhead, its suite of traveler benefits, headlined by the $99 Companion Fare, free checked bags and status points, makes it a no-brainer for business owners who frequently fly Alaska Airlines or Hawaiian Airlines. If your routes align with their network, adding this card to your business’s arsenal is an easy decision.