Atmos Rewards Summit

Summit justifies its $395 annual fee through the 25,000-point Global Companion Award that arrives every card anniversary with no spending requirement attached, backed by eight Alaska Lounge passes a year and a $120 Global Entry or TSA PreCheck credit. The earn structure is unusually broad for an airline card: 3 points per dollar on Alaska and Hawaiian purchases, on dining, and on foreign transactions, with no foreign transaction fee charged, though everything else sits at 1 point per dollar. Bank of America cut the signup bonus from 100,000 points to 80,000 after $4,000 in the first 90 days, so the opening offer is noticeably smaller than it was earlier this year. The elite-status machinery is the real hook for frequent flyers: 10,000 status points each anniversary, 1 status point per $2 spent, and a 100,000-point Global Companion Award once you clear $60,000 in a year. It sits at #12 on our Best Travel Credit Cards list, and the honest read is that the fee only pencils out if you redeem those companion awards and actually use the lounge passes.