SAS has announced that it will be increasing the number of EuroBonus points required for award travel. These changes will take effect for all bookings made on or after December 1, 2025. The new pricing mainly affects premium cabin redemptions, specifically Business and Premium Economy on SAS long-haul flights and Business Class on many partner airlines. The good news is that you can still book at the current, lower rates until the deadline.

Here is a simple breakdown of the changes, the new award charts, and what you should do to get the most value from your points.

In This Post

Summary of Key Changes (Effective December 1, 2025)

  • What: The number of EuroBonus points needed for award tickets will increase.
  • When: The new prices apply to bookings made on or after December 1, 2025.
  • Who is Affected: Travelers booking long-haul flights with SAS in Business and Premium Economy, and those booking Business Class on partner airlines.
  • What is Not Affected: Most Economy Class award prices on SAS and partner airlines will remain the same.

⚠️ Book Before The Deadline

You have until November 30, 2025, to book award flights at the current, lower point prices. You can book for any travel date in the future, as long as the ticket is issued before the deadline.

Our recommendation: If you have EuroBonus points and a trip in mind, now is the time to search for availability and book.

SAS Devaluation 2025 Effective December 1st

Why is SAS Increasing Award Prices?

Airlines adjust award prices from time to time. According to SAS representatives, this is the first major price increase for partner awards in over 10 years. The main reasons given for the change are inflation and the rising costs that SAS must pay its partner airlines for award seats. With more people earning points through credit cards and shopping, there are more points in circulation, which also leads to these kinds of adjustments.

Changes for SAS Award Flights

For flights operated by SAS, the changes are straightforward and only apply to long-haul routes to Asia and North America. Prices for flights within Europe are not changing. The table below shows the new one-way prices for SAS Bonus tickets.

SAS Bonus Ticket Changes: To/From Asia & North America (One-Way)
Travel Class Old Price New Price Increase
Economy Bonus 30,000 30,000 No Change
Premium Bonus 40,000 45,000 +5,000 (+12.5%)
Business Bonus 50,000 60,000 +10,000 (+20%)

The most significant change is a 20% price increase for SAS Business Class, a very popular redemption for EuroBonus members.

SAS Devaluation 2025: Changes for SAS Award Flights Starting December 1st

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Changes for Partner Award Flights (SkyTeam)

The price increases are more widespread for award flights on partner airlines like Air France, KLM, and Delta. The following table focuses on the most common redemptions for members based in Europe, showing the round-trip point prices. One-way tickets cost 60% of the round-trip price. The changes primarily affect Business Class.

Partner Award Changes: Business Class from Europe (Round-Trip)
Route (From Europe to...) Old Price New Price Increase
Europe 60,000 80,000 +20,000 (+33.3%)
North America 130,000 140,000 +10,000 (+7.7%)
Central America / Caribbean 147,500 180,000 +32,500 (+22%)
South America 165,000 190,000 +25,000 (+15.2%)
N./Central Africa & Middle East 105,000 130,000 +25,000 (+23.8%)
Southern Africa 165,000 180,000 +15,000 (+9.1%)
Central, East & South Asia 165,000 180,000 +15,000 (+9.1%)
Southeast Asia 187,500 190,000 +2,500 (+1.3%)
Pacific (Australia/NZ) 275,000 280,000 +5,000 (+1.8%)

The biggest hit is on Business Class flights within Europe, which will cost 33% more. Flights to the Caribbean and Middle East also see increases of over 20%. In contrast, the increases for flights to Southeast Asia and the Pacific are very small.

What This Means For You

Devaluations are a normal part of loyalty programs, but with advance notice, you can plan accordingly.

  1. Book Now, Fly Later: The most important strategy is to book any planned trips before December 1, 2025. You will lock in the old prices, even if your travel date is in late 2026.
  2. Use Your Vouchers: If you have an Amex 2-for-1 or Mastercard Fly Premium voucher, using it before the deadline will save you a significant number of points on premium cabin bookings.
  3. Economy is Safe: If you mostly redeem points for Economy travel, these changes will not affect you much.
  4. Find Availability Fast: Use a tool like AwardFares to quickly search for award seat availability across multiple dates and airlines. Set up alerts to get notified when seats open up on your desired route.

Frequently Asked Questions

EuroBonus Devaluation FAQ

When do the new award prices take effect?

The new prices apply to all award tickets booked on or after December 1, 2025.

If I book before December 1 for travel in 2026, which price do I pay?

You will pay the old, lower price. The price is determined by the date you book the ticket, not the date you fly.

What happens if I need to change a ticket after December 1?

If you change a ticket that was booked at the old price, you will likely have to pay the new, higher price. This is because most changes involve re-issuing the ticket, which would be subject to the new award chart.

Are my Amex 2-for-1 or Mastercard Fly Premium vouchers affected?

The vouchers themselves are not changing. However, since the ticket you book with the voucher will cost more points, the overall cost of your redemption will be higher after the devaluation.

Which award tickets are NOT changing in price?

SAS award flights within the Nordic region and Europe, SAS Economy awards to North America/Asia, and most partner awards in Economy and First Class are not changing.

Final Thoughts

While nobody likes to see points become less valuable, SAS has provided a clear deadline. This advance notice gives EuroBonus members a fair opportunity to redeem their points at the current rates. The best approach is to be proactive. Check your point balance, decide on your travel goals, and try to get your bookings ticketed before the end of November 2025.

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