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Aloha to Big Rewards: Millions of Atmos™ Rewards Points Up for Grabs for Hawaiian Airlines World Elite Mastercard® Cardmembers in 2026

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(Moderate)
Rhea-AI Sentiment
(Very Positive)
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Hawaiian Airlines (NYSE:ALK) launched a year-long credit card sweepstakes running Feb 1–Dec 31, 2026, awarding more than 44 million Atmos Rewards points to cardmembers. Weekly prizes: seven winners receive 100,000 points; monthly grand prize: 1,000,000 points.

Hawaiʻi resident cardmembers earn a 50% bonus on points per $1 spent (capped at 5,000 bonus points). Neighbor Island redemptions start at 4,500 points. Promotion entries occur automatically with each World Elite Mastercard transaction. Terms apply.

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Positive

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Negative

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News Market Reaction

+3.56%
32 alerts
+3.56% News Effect
+2.4% Peak in 2 hr 10 min
+$224M Valuation Impact
$6.51B Market Cap
0.5x Rel. Volume

On the day this news was published, ALK gained 3.56%, reflecting a moderate positive market reaction. Argus tracked a peak move of +2.4% during that session. Our momentum scanner triggered 32 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $224M to the company's valuation, bringing the market cap to $6.51B at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Total promo points: more than 44 million Atmos Rewards points Hawaiʻi bonus rate: 50% bonus on points per $1 spent Hawaiʻi bonus cap: 5,000 bonus points +5 more
8 metrics
Total promo points more than 44 million Atmos Rewards points Points to be awarded to cardmembers through December 2026
Hawaiʻi bonus rate 50% bonus on points per $1 spent For Hawaiʻi resident cardmembers during promotional period
Hawaiʻi bonus cap 5,000 bonus points Maximum Atmos Rewards bonus for Hawaiʻi residents in promotion
Weekly sweepstakes prize 100,000 Atmos Rewards points Seven weekly winners throughout 2026 promotion
Monthly grand prize 1,000,000 Atmos Rewards points One grand prize winner each month
Neighbor Island earn rate up to five times more points Earning on flights between the Hawaiian Islands
Neighbor Island redemption 4,500 points one-way Starting level for Neighbor Island award flights
Card earn rates 3/2/1 points per $1 3x airlines, 2x gas/dining/grocery, 1x other purchases

Market Reality Check

Price: $55.27 Vol: Volume 4,783,429 vs 20-da...
normal vol
$55.27 Last Close
Volume Volume 4,783,429 vs 20-day average 4,114,549, indicating elevated trading interest ahead of this loyalty promotion. normal
Technical Price at 52.64 is trading above the 200-day MA of 50.38, reflecting a constructive pre-news trend.

Peers on Argus

ALK gained 3.56% while key airline peers like AAL, CPA, SKYW, LUV and JBLU also ...

ALK gained 3.56% while key airline peers like AAL, CPA, SKYW, LUV and JBLU also traded higher. However, the momentum scanner did not flag a coordinated sector move, suggesting today’s strength may be more company-specific to ALK’s Hawaiian co‑branded card promotion.

Historical Context

5 past events · Latest: Jan 30 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 30 Training center opening Positive -4.6% Opened new 660,000-square-foot Global Training Center consolidating training.
Jan 22 Earnings results Positive -0.2% Reported Q4 and full-year 2025 results with positive net income and guidance.
Jan 12 Earnings webcast Neutral -2.6% Announced webcast timing and process for Q4 2025 earnings release.
Jan 07 Fleet expansion Positive -1.8% Announced record Boeing order expanding 737-10 and 787 fleet through 2035.
Jan 05 Hawaiian investment plan Positive +0.9% Launched more than $600M Kahuʻewai plan to upgrade Hawai'i facilities and fleet.
Pattern Detected

Recent positive strategic and capital investment news has often been followed by negative or muted price reactions, indicating a tendency for the stock to diverge from upbeat headlines.

Recent Company History

Over the past month, ALK announced major strategic and operational milestones, including a 660,000-square-foot Global Training Center and the largest fleet order in its history, along with a Hawaiian-focused investment plan of more than $600M. Earnings for Q4 and full-year 2025 showed positive net income and significant share repurchases. Despite these developments, the stock frequently traded down after announcements. Today’s loyalty-focused Atmos Rewards promotion for Hawaiian cardmembers builds on this integration and customer-experience theme within the combined Alaska–Hawaiian network.

Market Pulse Summary

This announcement expands Atmos Rewards benefits for Hawaiian Airlines World Elite Mastercard cardme...
Analysis

This announcement expands Atmos Rewards benefits for Hawaiian Airlines World Elite Mastercard cardmembers, adding a large points giveaway, enhanced bonuses for Hawaiʻi residents, and richer earning on Neighbor Island travel. It builds on prior investments in Hawaiʻi infrastructure and customer experience as ALK integrates the Hawaiian franchise. Investors may watch how loyalty engagement, credit card spend, and travel behavior evolve over 2026, alongside earlier commitments to fleet growth, training capacity and Hawaiian-focused capital projects.

AI-generated analysis. Not financial advice.

  • Hawaiian will award more than 44 million Atmos Rewards points to cardmembers through December
  • Hawaiʻi resident cardmembers will earn a 50% bonus on Atmos Rewards points per $1 spent on all purchases up to 5,000 bonus points during the promotional period

HONOLULU, Feb. 2, 2026 /PRNewswire/ -- Hawaiian Airlines today unveiled its most exciting credit card giveaway to date, designed to reward loyal cardmembers with unprecedented opportunities to earn and win Atmos Rewards points throughout 2026.

Today through Dec. 31, every transaction made with a Hawaiian Airlines® World Elite Mastercard® automatically counts as an entry into the year-long sweepstakes*

  • Seven weekly winners will receive 100,000 Atmos Rewards points.
  • One monthly grand prize winner will receive an incredible one million Atmos Rewards points. The more transactions cardmembers make, the more chances they have to win.
  • Promotion Dates: Feb. 1 – Dec. 31, 2026

"Our most rewarding credit card promotion is our way to mahalo our most loyal guests and Hawaiian Airlines cardholders," said Alisa Onishi, managing director of Hawaiʻi marketing for Hawaiian and Alaska airlines. "We're thrilled to give our cardmembers more ways to earn Atmos Rewards points with every purchase and bring them closer to taking a Neighbor Island trip or exploring the new reaches of our global network."

To further celebrate our commitment to Hawaiʻi, cardmembers residing in Hawaiʻi will earn a 50% bonus on Atmos Rewards points per $1 spent on all purchases up to 5,000 bonus points during the promotional period. This special offer highlights Hawaiian Airlines' dedication to its island home and provides unmatched value to local cardmembers. Visit HawaiianAirlines.com/GreatPointsGiveaway for more information.

Atmos Rewards recognizes the importance of air travel for Hawai'i residents and is making Neighbor Island travel more rewarding than ever — with members  earning up to five times more points on flights between the Islands. Plus, Neighbor Island award redemptions start at just 4,500 points one-way — making it easier than ever to visit family, attend events or explore the Islands.

The Hawaiian Airlines® World Elite Mastercard® gives cardmembers more ways to earn Atmos Rewards points, enjoy exclusive travel perks, and save on flights — making it one of the most rewarding airline cards. Popular benefits include:

  • Companion discounts
    • Celebrate your account anniversary and receive an annual $100-off companion discount valid for 12 months from your anniversary date.
      The discount is valid for roundtrip travel between Hawai'i and North America destinations on Hawaiian Airlines operated flights or roundtrip North America main cabin travel on Alaska Airlines operated flights.

  • Two free checked bags
    • Receive two free checked bags on eligible flights for the primary cardmember when you use your card to purchase eligible tickets directly from Hawaiian Airlines or Alaska Airlines.

  • Status points
    • Get closer to Atmos Rewards status with qualifying purchases on your Hawaiian Airlines® World Elite Mastercard®. Earn 1 status point for every $3 spent with no limit on the number of status points you can earn.

  • Earn
    • Earn 3 points for every $1 spent on eligible Hawaiian Airlines and Alaska Airlines purchases. Earn 2 points for every $1 spent on eligible gas, dining, and grocery store purchases. Earn 1 point per $1 spent on all other purchases. There is no limit to the total Atmos Rewards points you can earn.

  • Free Points sharing
    • As a Hawaiian Airlines Mastercard primary cardmember, you can send and receive Atmos Rewards Points between a network of up to 10 friends and family. Atmos Rewards members can start sharing points by logging into their account at https://www.alaskaair.com/atmosrewards
    • Redeem points for flights with no blackout dates on Hawaiian Airlines and Alaska Airlines.
    • Redeem for over 1,000 destinations globally through our network of airline partners. 

Additional Hawaiian Airlines® World Elite Mastercard® benefits can be found at Hawaiian Airlines® World Elite Mastercard® - Benefits.

Those interested in applying for Hawaiian Airlines Bank of Hawaii World Elite Mastercard can do so at any Bank of Hawaii branch or online at boh.com/creditcard. Terms and conditions apply.

* No purchase required. See rules. Ends 12/31/26

About Alaska Air Group

Alaska Airlines, Hawaiian Airlines and Horizon Air are subsidiaries of Alaska Air Group, and McGee Air Services is a subsidiary of Alaska Airlines. We are a global airline with hubs in Seattle, Honolulu, Portland, Anchorage, Los Angeles, San Diego and San Francisco. We deliver remarkable care as we fly our guests to more than 140 destinations throughout North America, Latin America, Asia and the Pacific. We'll serve Europe beginning in spring 2026. Guests can book travel at alaskaair.com and hawaiianairlines.com. Alaska is a member of the oneworld alliance, with Hawaiian scheduled to join oneworld in spring 2026. With oneworld and our additional global partners, guests can earn and redeem points for travel to over 1,000 worldwide destinations with Atmos Rewards. Learn more about what's happening at Alaska and Hawaiian at news.alaskaair.com. Alaska Air Group is traded on the New York Stock Exchange (NYSE) as "ALK."

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aloha-to-big-rewards-millions-of-atmos-rewards-points-up-for-grabs-for-hawaiian-airlines-world-elite-mastercard-cardmembers-in-2026-302676839.html

SOURCE Hawaiian Airlines

FAQ

What are the dates and prizes for Hawaiian Airlines' 2026 Atmos Rewards giveaway (ALK)?

The promotion runs Feb 1 through Dec 31, 2026, with weekly and monthly prizes. According to the company, seven weekly winners receive 100,000 Atmos Rewards points and one monthly grand-prize winner receives 1,000,000 Atmos Rewards points.

How many total Atmos Rewards points will be awarded in Hawaiian Airlines' 2026 promotion (ALK)?

Hawaiian will award more than 44 million Atmos Rewards points across the promotion. According to the company, the total includes weekly 100,000-point prizes and monthly 1,000,000-point grand prizes through Dec 31, 2026.

What special bonus do Hawaiʻi resident cardmembers get with the Hawaiian Airlines World Elite Mastercard (ALK)?

Hawaiʻi resident cardmembers earn a 50% bonus on Atmos Rewards points per $1 spent, capped at 5,000 bonus points. According to the company, this bonus applies to all purchases during the Feb 1–Dec 31, 2026 promotional period.

How do Hawaiian Airlines World Elite Mastercard transactions enter cardmembers into the 2026 sweepstakes (ALK)?

Every transaction made with the card counts as an automatic entry into the year-long sweepstakes. According to the company, more transactions equal more chances to win weekly 100,000-point prizes and monthly 1,000,000-point prizes.

What are Neighbor Island award redemption levels and benefits mentioned in the Hawaiian Airlines promotion (ALK)?

Neighbor Island award redemptions start at 4,500 points one-way, making intra-island travel more accessible. According to the company, members can also earn up to five times more points on flights between the Islands.

What cardmember benefits accompany the Hawaiian Airlines World Elite Mastercard promoted in this giveaway (ALK)?

Key benefits include an annual $100-off companion discount, two free checked bags for the primary cardmember, and accelerated points earning categories. According to the company, eligible purchases also earn status points toward Atmos Rewards status.
Alaska Air Group Inc

NYSE:ALK

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6.34B
114.80M
0.58%
91.03%
4.89%
Airlines
Air Transportation, Scheduled
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United States
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