I see the same question being asked over and over again. So please add this to the wiki or something:
1. Lower the CL to $5000 immediately when you are approved for the card.
2. Pay off the card balance and lower the CL to $200 after you spend $1k, the $75 AF and $100 Stmt Credit posts, AND the 30,000 bonus posts IN your Alaska MileagePlan account. (There is a small risk of product changing to Platinum when lowering below $5000)
3. Cancel card or product change to BofA Travel Rewards at least 2 days before applying for another AS card. You will NOT get approved for another AS card if you currently have a personal card open. This is the NEW RULE as of recently and it is strictly enforced, there is NO WAY around it. You will be automatically declined, and recon will also decline you, even if your credit score is over 800+ and you have a Merrill Lynch Wealth Management relationship with the bank, recon will only approve you after they no longer see an existing AS card in possession. No credit pull will be done again at recon if within 30 days.