Points Frog guide
SAS EuroBonus vs Icelandair Saga Club
SAS EuroBonus points are worth more as of October 13, 2026: an estimated 1.1¢ each against 1¢ for Icelandair Saga Club points, 10% more per point. 50,000 come to about $550 against $500.
Values updated
| Measure | SAS EuroBonus | Icelandair Saga Club |
|---|---|---|
| Value per point | 1.1¢ | 1¢ |
| 10,000 worth | $110 | $100 |
| 50,000 worth | $550 | $500 |
| 100,000 worth | $1,100 | $1,000 |
| A great award | 1.32¢ or more a point | 1.2¢ or more a point |
| A poor award | under 0.99¢ a point | under 0.9¢ a point |
| Rewards currency | points | points |
| Run by | SAS | Icelandair |
| Ranked | 11 of 20, Europe35 of 102, airline miles | 12 of 20, Europe39 of 102, airline miles |
Values are Points Frog's estimates of one point redeemed for good, available awards, not cash-out or transfer rates. How we value points.
SAS EuroBonus
Icelandair Saga Club
Quick answers
Which is worth more, SAS EuroBonus or Icelandair Saga Club?
SAS EuroBonus points are worth more as of October 13, 2026: an estimated 1.1¢ each against 1¢ for Icelandair Saga Club points, 10% more per point. 50,000 come to about $550 against $500.
How many Icelandair Saga Club points equal 50,000 SAS EuroBonus points?
About 55,000. At 1¢ each, that many points match the $550 estimated for 50,000 points at 1.1¢. This compares value only; the programs do not exchange points at this rate.
Is a higher value per point always better?
No. A program worth less per point can still win if it earns more points per dollar or per flight, or if its awards fly where you want to go. Compare what you would earn on your own spending and the awards you would book before choosing between SAS EuroBonus and Icelandair Saga Club.
Where do these values come from?
Points Frog's valuation catalog estimates what one point is worth when redeemed for good, available travel awards, in US cents. It is an editorial average, not a cash-out rate, and each program's page shows its dated valuation history.