Few questions about the card benefits before pulling the trigger.
1. Can I redeem points from my account for an award travel for a family member and then redeem the Global Companion Award (25K) cert for yet another family on the same reservation?
There is conflicting information. The BofA rules state the primary cardholder must be one of the travelers:
Each Global Companion Award may be used for a discount up to the stated value of points off a companion award booking when the primary cardholder redeems points for travel and is traveling with another guest on a published award ticket on the same itinerary, booked at the same time on AlaskaAir.com.
However the AS FAQ says otherwise:
Does the cardholder need to be traveling?
No. You can use your Global Companion Award to book for any two travelers of your choice.
https://www.alaskaair.com/atmosrewar...ompanion-award
2a. I believe the Global Companion Award cert is only for redemption during the calendar year in which it has been issued, but can it be used for travel during the following year if award space is available?
The certificate is valid for 12 months from the date of issue, not tied to calendar year.
2b. If 2a is possible, I would assume any changes made to the reservation in the new year will result in the cert "expired/no longer valid"?
You can make changes to the reservation as long as the certificate is not expired, i.e. 12 months from original issue.
3. If I redeem points for award travel for myself and pay for the fees using the Summit card, I will be able to check a bag for free, correct?
Yes, only for travel on AS/HA operated flights. This benefit does not extend to partners.
https://www.alaskaair.com/atmosrewar...ee-checked-bag
5. When exactly are the annual status points awarded upon renewal? If I apply now, does it mean I won't receive them until around March/April (anniversary)?
Correct.
Does this mean it would be more beneficial to apply earlier in the year?
Not sure it matters. If you apply at any time during 2026 you will get the bonus status points on your card anniversary in 2027 so they will count towards status qualification for 2028.