What's interesting is that in the disclosures for the card, they've done a global "search and replace" whereby all the references to "25,000 miles" were changed to "40,000 miles".
It's a bit startling to read "40,000 Bonus miles is enough for a round-trip Coach Saver award ticket in the continental U.S., Alaska or Canada on Alaska Airlines when booked at alaskaair.com." since my first response to seeing it was to double check that they hadn't raised the minimum number of miles needed to book a coach ticket.