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Confused on companion

Explorer C

So if I open a credit card now and spend $5K in 3 months I get free companion pass until Feb28,2023. What happens if I earn the 125,000 points needed for companion pass DURING this year with flights/spending and bonus’s? Would my companion pass be extended then to start on March 1, 2023 and run they Dec 31, 2024? Or is it JUST the companion pass until Feb 28,2023 no matter what and then I loose it? Thanks trying to make the best decision. 


Re: Confused on companion

Aviator A

Companion Pass Requirements for 2023: 


Companion Pass is the benefit that allows you to choose one person to fly with you, free of airline charges (does not include taxes and fees from $5.60 one-way) every time you purchase or redeem points for a flight. To qualify, simply fly 100 qualifying one-way flights or earn 125,000 qualifying points* in a calendar year, and you’ll earn Companion Pass for the following full calendar year, plus the remainder of the year in which you earned it.