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.

Alaska Airlines and Hawaiian Airlines have debuted the Atmos Rewards Summit card with a six-figure bonus, companion awards, lounge passes and travel perks.

In what Alaska calls an industry first, flyers starting later next year will choose from one of three options to earn points for award travel.