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What is the $50 Companion Ticket that comes with my credit card?

April 26, 2017comes companion credit card

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What is the $50 Companion Ticket that comes with my credit card?

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The Companion Ticket is a Discount Code that entitles the cardholder to purchase one round-trip ticket for $50 (USD) on Alaska Airlines and/or Horizon Air when traveling with another passenger on a paid published airfare on the same itinerary, booked at the same time. The Companion Ticket is not valid with Multi-city shopping or Award Reservations, and cannot be combined with other discounts.