SAS EuroBonus Devaluation: Premium Cabin Awards Climb Up To 33%
Scandinavian Airlines has announced a devaluation for its EuroBonus program, with redemptions rising, particularly for premium cabins.
SAS EuroBonus Devaluation: What You’ll Pay After December 1, 2025
The EuroBonus program is raising award pricing for both SAS and partner redemption. These changes take effect for bookings made on or after December 1, 2025 (even if the travel date is later). The hardest hit: business class and premium cabins on SAS long-haul flights, and many Business redemptions on partner airlines. Economy remains mostly untouched. I’m not even finding the news in English, but I do see it on the SAS Eurobonus Swedish website.
Old vs New: SAS Flights (Long-Haul to Asia & North America) One-Way
My favorite SAS redemption is 50K business class awards between North America and Europe. On December 1, 2025, the price rises 20% to 60% one-way. Premium economy redemptions are also going up in price from 40K to 45K one-way.
| Cabin | Old Price (points) | New Price (points) | % Increase |
|---|---|---|---|
| Economy Bonus | 30,000 | 30,000 | 0% |
| Premium Bonus | 40,000 | 45,000 | +12.5% |
| Business Bonus | 50,000 | 60,000 | +20% |
Intra-Europe and intra-Scandinavian pricing will remain unchanged.
SAS offers “Bonus” award redemptions (essentially saver space) and exponentially higher standard redemptions within pricing tied to revenue pricing.
Old vs New: Partner Awards (Round-Trip) — Business Class From Europe
SAS maintains a separate award chart for its partners.
In October, SAS reintroduced business class on its intra-European flights and its pricing for business class on partner routes within Europe rises most sharply on itineraries within Europe:
| Route Category | Old Price | New Price | % Increase |
|---|---|---|---|
| Europe → Europe | 60,000 | 80,000 | +33.3% |
| Europe → North America | 130,000 | 140,000 | +7.7% |
| Europe → Central America / Caribbean | 147,500 | 180,000 | +22.0% |
| Europe → South America | 165,000 | 190,000 | +15.2% |
| Europe → North/Central Africa & Middle East | 105,000 | 130,000 | +23.8% |
| Europe → Southern Africa | 165,000 | 180,000 | +9.1% |
| Europe → Central / East / South Asia | 165,000 | 180,000 | +9.1% |
| Europe → Southeast Asia | 187,500 | 190,000 | +1.3% |
| Europe → Pacific (Australia / NZ) | 275,000 | 280,000 | +1.8% |
Note that one-way tickets cost 60% of the round-trip price.
At Least We Were Given Advance Notice…
Essentially, SAS has left economy pricing intact for most routes, a relief for travelers focused on value. But the premium cabins took a hit: Business redemptions now cost up to one-third more on select partner routes (especially intra-Europe). For travelers holding EuroBonus points and planning award travel later in 2026 or beyond, this means book before November 30, 2025 to lock in the lower rates.
Of course, I’m sad to see prices rise, but I appreciate that the devaluation is moderate and that SAS at least provided a few weeks of advance notice. I just used 30K SAS EuroBonus points on a domestic redemption in Indonesia…the subject of another post. As a Gold member and Million Miler, I do find this a very valuable program.
CONCLUSION
Loyalty programs will always evolve, but it’s never pleasant when the cost of your favorite redemption jumps. Even so, the EuroBonus increases are reasonable enough and communicated in advance, exactly what I expect from a loyalty program. If you’ve been eyeing a business class redemption with SAS or partner airlines and can plan ahead, do try to book before December 1, 2025.