As of August 31, 2023, the relationship between The Toronto-Dominion Bank operating a division as MBNA ("MBNA") and Alaska Airlines is ending.
Changes starting on September 1, 2023:
- The name of your Alaska Airlines® World Elite® Mastercard® credit card will become the MBNA Rewards World Elite® Mastercard® credit card.
- You will start earning MBNA Rewards Points.
- You will be able to redeem MBNA Rewards Points for travel, cash back, brand-name merchandise and gift cards from participating retailers.
- Within the next year, you’ll also be able to redeem MBNA Rewards Points for Alaska Airlines Miles on a one-to-one basis (1 MBNA Rewards Point = 1 Alaska Airlines Mile), with the ability to earn up to 5 MBNA Rewards Points per dollar spent on eligible purchases. That could add up to a lot of Alaska Airlines Miles with this new redemption option!
- As previously communicated, effective July 31, 2023 your Annual Fee will be $120 for the primary cardholder, and $50 for one Authorized User (if you have one).
The changes will take effect automatically on September 1st, 2023. You will receive your replacement MBNA-branded credit card plastic no later than October 30th, 2023.
