For those that are unfamiliar, the Alaska Airlines World Elite MasterCard is one of, if not the most lucrative credit cards on offer in Canada. After a $1,000 minimum spend, you are given 25,000 Alaska Miles as a sign-up bonus, which can be used to book Alaska Airlines flights or flights on Alaska Partner Airlines, which is amazing value. The annual fee is only $75 but if you sign up through Great Canadian Rebates, you are given $60 cash back so the net cost of 25,000 Alaska Miles is only $15!!! If you are unfamiliar with how cashback sites work, I would highly encourage you to read my post about it here.
I have deemed the Alaska Airlines World Elite MasterCard the most churnable card in Canada because you can get the card, meet the minimum spend, get the miles, cancel and reapply up to 4 times a year! That means 100,000 Alaska Miles for $60?!?!?!? Amazing!
Problems in Paradise? Nope
I have received at least one report from a reader that suggested that GCR did not pay out on multiple sign-ups on the MBNA Alaska World Elite MasterCard so I did an experiment. I re-applied for the card under my account to see if I would be paid out again.
Here’s the last time I did it.
And here’s the most recent churn.
As you can see, both paid out just fine so in my experience, there’s no issue with multiple payouts from GCR on the Alaska Airlines MBNA World Elite Mastercard. While I waited a year to churn the card, you can certainly do it more often. I would recommend waiting 90 days after cancellation to reapply to ensure no issues with getting the miles and cashback rebate.
I absolutely adore the MBNA Alaska Airlines card because it provides an incredible sign-up bonus with one of the lowest annual fees at $75. If you sign-up through Great Canadian Rebates, you can further reduce that annual fee by $60, making your total outlay a mere $15. The miles you collect are also some of the most powerful miles you can earn, especially if you live in Western Canada but even worth stockpiling if you live in other parts of the country due to the proximity of former Virgin America hubs that are close to Canadian border cities.
If you were worried about getting multiple payouts, you don’t need to be. Churn away!
Also published on Medium.