SAS EuroBonus Devaluation History

The short answer: SAS EuroBonus made a historic change in September 2024, leaving Star Alliance and joining SkyTeam, which swapped its partner network from United, Lufthansa, and ANA to Air France, KLM, Delta, and Korean. New SkyTeam award charts brought some increases and fees, and a December 1, 2025 devaluation raised SAS long-haul business 20 percent and intra-Europe partner business 33 percent.

A historic alliance switch

On September 1, 2024, SAS did something rare: it left Star Alliance after decades and joined SkyTeam. For EuroBonus members that meant losing access to Lufthansa, United, ANA, and Singapore lounges and award space, and gaining Air France, KLM, Delta, and Korean Air instead. SAS published new award charts for SkyTeam partners, which carried some price increases and new fees compared with the old Star Alliance chart, though it also added premium economy pricing.

The December 2025 devaluation

Just over a year later, on December 1, 2025, EuroBonus implemented a clear award devaluation. SAS long-haul business class rose from 50,000 to 60,000 points, a 20 percent increase, premium economy went from 40,000 to 45,000, and partner business class within Europe jumped from 60,000 to 80,000 points, a 33 percent hike. Most economy awards were left alone, so the cuts concentrated on the premium cabins where members got the most value. See Flying Blue, a SkyTeam sibling.

Using EuroBonus now

EuroBonus is now a SkyTeam currency, useful for SAS and partners like Air France, KLM, and Delta, and it still has value, particularly on SAS business class to Scandinavia when you book before prices climb again. It is reachable as a transfer partner including via Rove. Given two rounds of changes in 15 months, treat it as earn-and-burn and book promptly. See the devaluation overview.

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Frequently asked questions

Did SAS EuroBonus devalue?
Yes, twice. Joining SkyTeam in September 2024 brought new partner charts with some increases and fees, and a December 1, 2025 change raised SAS long-haul business 20 percent and intra-Europe partner business 33 percent.
When did SAS leave Star Alliance?
On September 1, 2024, SAS left Star Alliance and joined SkyTeam, swapping its partner network from United, Lufthansa, ANA, and Singapore to Air France, KLM, Delta, and Korean Air, which changed where EuroBonus points can be redeemed.
What can I book with SAS EuroBonus now?
SAS flights and SkyTeam partners including Air France, KLM, Delta, and Korean Air. The best value is generally SAS business class to Scandinavia, though premium awards rose in the December 2025 devaluation.
Is SAS EuroBonus still worth collecting?
It retains value for SAS and SkyTeam premium cabins, but after two rounds of changes in 15 months it is best treated as earn-and-burn. Book promptly rather than banking points, since the trend is upward.

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Bryce Casson

Written by Bryce Casson, Founder of Cardocrat. About the author and how we rank cards.