Alaska Airlines has finally launched its first premium credit card, the Atmos Rewards Summit Visa Infinite, co-branded with Bank of America. The card, announced in March, offers rewards through the new Atmos Rewards loyalty program, access to Alaska Lounges and other benefits.

The new Atmos Rewards Summit card boasts a long list of valuable perks, including a new and highly versatile Global Companion Award benefit, plus 3x back on 'foreign purchases.'

Alaska and Hawaiian Airlines announced a new combined loyalty program. Here's how it will work and what perks members should expect.