Editorial note: This is a recurring post, regularly updated with new information and offers. TPG's Brian Kelly is a Bilt adviser and investor.
Quick summary
- Atmos Rewards, the joint loyalty program for Alaska Airlines and Hawaiian Airlines, offers strong value even for travelers outside their core regions.
- The program maintains a traditional award chart, allowing members to redeem points for American Airlines flights at competitive rates across the U.S. and internationally.
- Atmos Rewards points are valued at 1.55 cents each as of September 2026 per TPG's valuations, making them a solid option for frequent flyers.
- You can earn Atmos Rewards points through flights, partner purchases or by transferring from select transferable currencies.
What to consider
- Award rates depend on distance flown and cabin class, with taxes and fees applying to each redemption.
- Atmos Rewards is the only loyalty program partnered with a specific transferable currency, which may affect how you accumulate points.
- Some earning options or benefits may change after January 1, 2027, particularly for new cardholders of certain products.
What you'll miss from the article
- Detailed examples of award redemptions and step-by-step strategies for maximizing Atmos Rewards value on American Airlines flights.
