Alaska Airlines like some of the other airlines has relaxed flight cancellation policy and the current policy allows cancelling any ticket on Alaska Airlines booked with them directly and getting funds in the Alaska Airlines wallet provided you book your flights before 03/31/2021. This combined with their recently ended discount promotions of 30% off (Which they might have again in the future) would help secure great discount specially if you are on the West Coast and are eyeing a Get-Away.
The good part is that the flexible cancellation policy currently applies to all non-refundable fare including the cheapest "Saver" fares (which otherwise are non-refundable at all!!). Although your refund is in the Alaska Airlines Wallet or Certificate which expires 1 year from the booking date it still gives good amount of time to use the funds and peace of mind in knowing that you are not on the hook for complete loss of ticket value.
Complete terms and conditions can be found here but are pasted below for your reference.
So, if you are planning any trip with Alaska Airlines this year then it would be a good time to book it before 03/31/2021.
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