My Atmos Rewards Summit Card Application Approval Experience

The $395 annual fee Atmos™ Rewards Summit Visa Infinite® Credit Card is the premium credit card of Atmos Rewards, which is the combined loyalty program of Alaska Airlines and Hawaiian Airlines. I’d argue that this is one of the best airline credit cards we’ve seen in a long time, and there are many reasons to pick up this card, from the ability to earn 3x points on foreign purchases, to the Global Companion Awards offered by the card, to the waived partner award booking fees, to the free points sharing, to the Alaska Lounge passes. Perhaps the most obvious reason to get the Atmos Rewards Summit Card is that it’s offering a limited time welcome bonus, which in and of itself is a reason to apply. Specifically, you can receive 100,000 bonus points and a 25,000-point Global Companion Award with this offer. To qualify, spend $6,000 or more on purchases within the first 90 days of opening your account. This is in line with the best-ever publicly available welcome offer we’ve seen on the Atmos Rewards Summit Card, and this is exactly the offer with which I applied for the card last year. In this post, I’d like to talk a bit about the rules when it comes to getting approved for the card, and my experience when I applied last year. Link: Learn more about the Atmos™ Rewards Summit Visa Infinite® Credit Card Basic Atmos Rewards Summit Card application restrictionsAtmos Rewards Summit Card application & approval experienceMy long term Atmos Rewards Summit Card strategyBottom line Basic Atmos Rewards Summit Card application restrictions The Atmos Rewards Summit Card is issued by Bank of America. The good news is that eligibility for this card is unrelated to having any other card from Bank of America, Atmos Rewards, Alaska, or Hawaiian. So you’re eligible for this card (including the welcome bonus) if you have any other card in the portfolio. For example, if you look at the terms of the Atmos Rewards Summit Card application, you’ll see the following: This one-time promotion is limited to customers opening a new account in response to this offer and will not apply to requests to convert existing accounts. That’s great, because it means that anyone who doesn’t yet have this card should be eligible for the bonus. Beyond that, what general restrictions does Bank of America have when it comes to approving people for cards? Here are a couple of common Bank of America restrictions that are often discussed, though let me emphasize that enforcement seems really inconsistent: There’s a 2/3/4 rule, meaning you can open at most two Bank of America cards every two months, at most three Bank of America cards every 12 months, and at most four Bank of America cards every 24 months There’s a 3/12 rule, meaning you may not be approved for a card if you’ve opened three or more new cards with any card issuer in the past 12 months Both of these rules are specific to personal cards, and not business cards. Beyond that, neither of those rules seem to be totally consistently enforced, and in particular, that latter policy doesn’t seem consistent at all. For example, I opened more than three new cards in the 12 months before applying, and still ended up being approved. Bank of America can sometimes be quirky in terms of approvals. I find that with Bank of America, I often get instant approvals with massive credit lines, and then every once in a while, I get random, inexplicable denials. So make of that what you will. If you’re interested in picking up more than one Atmos Rewards card in a day, it’s worth pointing out that you can potentially be approved for two in one day. Book lots of awesome travel with Atmos Rewards points What’s the application process like when applying for the Atmos Rewards Summit Card? The online application process is really straightforward, and consists of just one page. It just asks for personal details — name, date of birth, social security number, address, phone number, income, etc. You’ll also be asked for your Atmos Rewards number, so you’ll want to include that, so that your points are credited to the right account. Atmos Rewards Summit Card application Atmos Rewards Summit Card application Atmos Rewards Summit Card application The process is even simpler if you already have a Bank of America account, as you’ll be asked to log-in with your account, and then you only have to provide updated income information. For example, I applied for the card when it launched last year, and was instantly approved, with a pretty big credit line, no less! Atmos Rewards Summit Card approval My long term Atmos Rewards Summit Card strategy Now that I’ve had the Atmos Rewards Summit Card for quite some time, what’s my strategy? I think the first thing to acknowledge is that the welcome bonus on this card is significant. Based on my latest miles & points valuations, I consider Atmos Rewards points to be worth 1.5 cents each, so the current 100,000 points plus a 25,000-point Global Companion Award are worth around $1,875 to me. There’s no reason not to give this card a try, and see how it works out, as that’s among the best card welcome bonuses out there. What about beyond that, though? At a minimum, this is a card that I’ll keep on an ongoing basis, as long as the benefits don’t materially change, even if I don’t spend much on it. The annual 25,000-point Global Companion Award plus waived partner award booking fees more than justify the annual fee for me, given how many awards I book through the Atmos Rewards program, particularly for travel on American (you also get great travel protection with this card, which is useful). But for the time being, the Atmos Rewards Summit Card is actually a major part of my credit card strategy, and I think there’s an argument to be made for being loyal to Atmos Rewards instead of American AAdvantage: Spending $60,000 on the card every anniversary year earns you a 100,000-point Global Companion Award, which is a great reward The card offers 3x points on all foreign purchases, so this is a card that could be worth consistently using abroad Since the card offers one status point per $2 spent, elite status can also be earned pretty quickly at that point, and this might be the most compelling way to go for oneworld elite status, whether it’s oneworld Sapphire or oneworld Emerald As I’ve already covered, I’ve actually made the switch from American AAdvantage to Atmos Rewards, and have already earned Platinum status, and am considering going for Titanium. While not specific to the credit card, the fact that award flights count toward elite status is really a selling point of the program. Atmos Rewards might be the best oneworld program now Bottom line The Atmos Rewards Summit Card is Bank of America’s premium credit card in the Alaska & Hawaiian Atmos Rewards ecosystem. It’s an incredibly compelling card — it’s worth signing up for given the huge welcome bonus, it’s worth keeping for the ongoing perks, and for many people, it’ll be worth spending money on. Bank of America can be quirky with approving people for cards, but the good news is that many people should be eligible for this product, given that it’s quite new, and eligibility is unrelated to having other Atmos Rewards, Alaska, or Hawaiian cards. I applied for the card back when it launched, and was instantly approved. I’ve had a good experience so far with this card, and don’t see myself canceling it any time soon. I’d highly recommend giving this card a try and applying with the current bonus, given the value it offers. If you’ve applied for the Atmos Rewards Summit Card, what was your experience like?