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Loyalty Program Devaluation Index
Latest prices: October 2026Checked Oct 16 – Oct 21, 2026Site updated Oct 21, 2026Next update: November 2026
Programs / SAS EuroBonus

SAS EuroBonus

SAS EuroBonus is an airline program based in Europe. In October 2026 (prices checked October 16–21), one SAS EuroBonus mile bought a median of 0.63¢ of travel across 6 priced searches on the same 3 flights checked every month; on the 6 searches priced in both September and October, its value fell 61.1%. One mile bought 0.84¢ in September and 0.72¢ in August.

What 50,000 miles bought$316 in October$418 in September · $360 in August
Change since September−61.1%on the 6 searches priced in both months, each compared with itself
Change since August−39.5%each month’s same-search change, chained over 3 months
Checks with a price18 of 18every search returned a price
Table 1. About SAS EuroBonus · as of Aug 13, 2026
Publishes an award chart?YesSee the source
Did prices in miles change?Yes, on 3 of 3 itemsacross 18 mile prices seen
Need an account to see prices?NoAward prices are visible to anyone
Partner programs to redeem with22See the source
Credit card points that transfer inNone tracked
Published valuationsTPG: none · NerdWallet: noneHow these compare

Notes from collection: “publishes minimum starting rate based on distance, but true fare varies greatly”

Item by item

What one mile bought on each flight, every month. Each item is checked twice: about 60 days before travel and about 180 days before.

Booked ~60 days aheadBooked ~180 days ahead× no price that month
Chart 1. Copenhagen → Barcelona
CPH–BCN · Economy
0.52¢2.25¢9.69¢AugSepOct
Chart 2. Copenhagen → San Francisco
CPH–SFO · Economy
0.52¢2.25¢9.69¢AugSepOct
Chart 3. Copenhagen → San Francisco
CPH–SFO · Business
0.52¢2.25¢9.69¢AugSepOct

All 3 charts share one scale, so their heights compare directly.

Chart 4. Every check compared with published valuations · 18 checks
Each checkMiddle checkTPGNerdWalletCents per point.
1¢2¢5¢

Grey dots are individual checks. The white tick is the middle value. TPG and NerdWallet each publish one number per program; this index shows the whole range.

Every check, with its screenshot

Each row is one search. Click a thumbnail to open the screenshot it came from: “a” is the points search, “c” the cash search.

  • Copenhagen → Barcelona · Economy0.81¢
    Aug (R1) · booked ~60 days ahead · travel Oct 14
    17,160 points · cash $139.10
  • Copenhagen → Barcelona · Economy0.78¢
    Aug (R1) · booked ~180 days ahead · travel Feb 10
    19,801 points · cash $154.90
  • Copenhagen → San Francisco · Business0.64¢
    Aug (R1) · booked ~60 days ahead · travel Oct 14
    1,017,700 points · cash $6,501.03
  • Copenhagen → San Francisco · Business0.64¢
    Aug (R1) · booked ~180 days ahead · travel Feb 10
    1,017,700 points · cash $6,502.63
  • Copenhagen → San Francisco · Economy0.66¢
    Aug (R1) · booked ~60 days ahead · travel Oct 14
    381,140 points · cash $2,501.33
  • Copenhagen → San Francisco · Economy8.34¢
    Aug (R1) · booked ~180 days ahead · travel Feb 10
    30,000 points · cash $2,502.93
    “award fare was marketed as a "SAS Bonus" -- no non-bonus nonstop available”
  • Copenhagen → Barcelona · Economy0.69¢
    Sep (R2) · booked ~60 days ahead · travel Nov 4
    15,000 points · cash EUR 89.39 (≈ $104)
  • Copenhagen → Barcelona · Economy0.98¢
    Sep (R2) · booked ~180 days ahead · travel Mar 3
    11,220 points · cash EUR 94.39 (≈ $110)
  • Copenhagen → San Francisco · Business0.65¢
    Sep (R2) · booked ~60 days ahead · travel Nov 4
    1,012,016 points · cash EUR 5,619.63 (≈ $6,534)
  • Copenhagen → San Francisco · Business0.65¢
    Sep (R2) · booked ~180 days ahead · travel Mar 3
    1,012,016 points · cash EUR 5,620.97 (≈ $6,535)
  • Copenhagen → San Francisco · Economy8.42¢
    Sep (R2) · booked ~60 days ahead · travel Nov 4
    30,000 points · cash EUR 2,172.41 (≈ $2,526)
    “award fare was marketed as a "SAS Bonus" -- no non-bonus nonstop available”
  • Copenhagen → San Francisco · Economy8.42¢
    Sep (R2) · booked ~180 days ahead · travel Mar 3
    30,000 points · cash EUR 2,173.75 (≈ $2,527)
    “award fare was marketed as a "SAS Bonus" -- no non-bonus nonstop available”
  • Copenhagen → Barcelona · Economy0.70¢
    Oct (R3) · booked ~60 days ahead · travel Dec 16
    27,374 points · cash EUR 171.85 (≈ $193)
  • Copenhagen → Barcelona · Economy0.65¢
    Oct (R3) · booked ~180 days ahead · travel Apr 14
    52,478 points · cash EUR 305.55 (≈ $343)
  • Copenhagen → San Francisco · Business0.61¢
    Oct (R3) · booked ~60 days ahead · travel Dec 16
    1,047,840 points · cash EUR 5,738.24 (≈ $6,442)
  • Copenhagen → San Francisco · Business0.61¢
    Oct (R3) · booked ~180 days ahead · travel Apr 14
    1,047,840 points · cash EUR 5,739.58 (≈ $6,444)
  • Copenhagen → San Francisco · Economy0.63¢
    Oct (R3) · booked ~60 days ahead · travel Dec 16
    386,124 points · cash EUR 2,174.01 (≈ $2,441)
  • Copenhagen → San Francisco · Economy0.63¢
    Oct (R3) · booked ~180 days ahead · travel Apr 14
    386,124 points · cash EUR 2,175.35 (≈ $2,442)
MonthItemBookedPointsPlus cashCash priceOne pointScreenshotsNotes
Aug (R1)
checked Aug 18
Copenhagen → Barcelona · Economy~60 days
Oct 14 · 57d
17,160$139.100.81¢
Aug (R1)
checked Aug 18
Copenhagen → Barcelona · Economy~180 days
Feb 10 · 176d
19,801$154.900.78¢
Aug (R1)
checked Aug 18
Copenhagen → San Francisco · Business~60 days
Oct 14 · 57d
1,017,700$6,501.030.64¢
Aug (R1)
checked Aug 18
Copenhagen → San Francisco · Business~180 days
Feb 10 · 176d
1,017,700$6,502.630.64¢
Aug (R1)
checked Aug 18
Copenhagen → San Francisco · Economy~60 days
Oct 14 · 57d
381,140$2,501.330.66¢
Aug (R1)
checked Aug 18
Copenhagen → San Francisco · Economy~180 days
Feb 10 · 176d
30,000$2,502.938.34¢
award fare was marketed as a "SAS Bonus" -- no non-bonus nonstop available
Sep (R2)
checked Sep 8
Copenhagen → Barcelona · Economy~60 days
Nov 4 · 57d
15,000EUR 89.39
≈ $104
0.69¢
Sep (R2)
checked Sep 8
Copenhagen → Barcelona · Economy~180 days
Mar 3 · 176d
11,220EUR 94.39
≈ $110
0.98¢
Sep (R2)
checked Sep 8
Copenhagen → San Francisco · Business~60 days
Nov 4 · 57d
1,012,016EUR 5,619.63
≈ $6,534
0.65¢
Sep (R2)
checked Sep 8
Copenhagen → San Francisco · Business~180 days
Mar 3 · 176d
1,012,016EUR 5,620.97
≈ $6,535
0.65¢
Sep (R2)
checked Sep 8
Copenhagen → San Francisco · Economy~60 days
Nov 4 · 57d
30,000EUR 2,172.41
≈ $2,526
8.42¢
award fare was marketed as a "SAS Bonus" -- no non-bonus nonstop available
Sep (R2)
checked Sep 8
Copenhagen → San Francisco · Economy~180 days
Mar 3 · 176d
30,000EUR 2,173.75
≈ $2,527
8.42¢
award fare was marketed as a "SAS Bonus" -- no non-bonus nonstop available
Oct (R3)
checked Oct 20
Copenhagen → Barcelona · Economy~60 days
Dec 16 · 57d
27,374EUR 171.85
≈ $193
0.70¢
Oct (R3)
checked Oct 20
Copenhagen → Barcelona · Economy~180 days
Apr 14 · 176d
52,478EUR 305.55
≈ $343
0.65¢
Oct (R3)
checked Oct 20
Copenhagen → San Francisco · Business~60 days
Dec 16 · 57d
1,047,840EUR 5,738.24
≈ $6,442
0.61¢
Oct (R3)
checked Oct 20
Copenhagen → San Francisco · Business~180 days
Apr 14 · 176d
1,047,840EUR 5,739.58
≈ $6,444
0.61¢
Oct (R3)
checked Oct 20
Copenhagen → San Francisco · Economy~60 days
Dec 16 · 57d
386,124EUR 2,174.01
≈ $2,441
0.63¢
Oct (R3)
checked Oct 20
Copenhagen → San Francisco · Economy~180 days
Apr 14 · 176d
386,124EUR 2,175.35
≈ $2,442
0.63¢
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