As summer airfares spike, it might be time to cash in on miles or companion fares

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As summer airfares spike, it might be time to cash in on miles or companion fares
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As summer airfares spike, it might be time to cash in on miles or companion fares, writes Alaska travel columnist Scott McMurren.

Use your miles. Most travelers have a stash ofBetween Anchorage and Seattle in June, it will cost you about 62,500 miles round-trip.

Flying between Fairbanks and Los Angeles in mid-June, the best flight options cost 65,000 Alaska Air miles. There are some hoops to jump through to use the companion pass. First, it’s only available for two travelers flying together on the same itinerary. Second, you have to have the Visa card itself. There’s a $95 annual fee and there are minimum-spend requirements in order to receive the companion ticket. If you’re just signing up for the card, you’ll qualify for a sign-up bonus if you spend $2,000 in the first 90 days. Right now, it’s 50,000 miles and a $100 statement credit.

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