1 SAS EuroBonus point is worth ₹0.90 in India.
₹0.90₹900 per 1,000 points, our house mark
₹0.90 · first marked 21 Jul 2026, never re-marked since
How we got this ₹ figure
₹0.90 is our HOUSE value for a point — what a disciplined traveller actually clears, not the best redemption we have ever seen (₹1.60, the ceiling) and not the worst you can always fall back on (₹0.40, the floor). It is the number every route on this page is priced with.
We hold one dated point for SAS EuroBonus — the mark itself. There is no earlier valuation on our record, so this page shows no trend line rather than drawing one. How we value a point →
No Indian card on our board earns SAS EuroBonus, and no currency we track transfers into it directly. 4 multi-hop chains still land here — every one of them below.
No cent consensus anywhere (absent from TPG and UP July-2026 tables) — priced at the Skywards tier of the house calibration curve. SkyTeam member since 2024 with published partner charts, but surcharge-prone and Scandinavia-centric; near-zero India utility. Radisson 7:1 is the only way in.
cheapest way in — what one point costs to mint , over 2 legs
SAS EuroBonus has held — we grade its nerf risk stable No cuts on record — 2 tracked events, all clean How we grade it →
Expiry: hard 4–5 years from earning (batch expiries); Diamond members' points never expire
What these points actually fly
SAS EuroBonus prices 212 of the 2,450 corridors on our board against a published chart. The cheapest verified seat in each cabin:
- Delhi → Hong Kong Economy 15,000 pts
- Delhi → Seoul Business 30,000 pts the play
Cheapest way in — HDFC Reward Points at 7:1 via Radisson Rewards: HDFC Infinia Metal · HDFC Diners Club Black Metalyours
This drawing wants a wide screen. Every route it draws is in the lists below, priced.
Every way in
Every way in (via a chain)
Chains (2–4 legs) that survive our honesty filter — shown only where no direct route exists or the chain strictly beats it. End-to-end ratio in card points per point of SAS EuroBonus; priced at this program's house value.
Redeeming SAS EuroBonus
What the programme itself publishes — not what a booking engine quoted somebody once. Where it publishes nothing, this says so.
- Cash on top of the miles Not published
SAS publishes nothing about award surcharges that this desk could read on 2026-08-29: flysas.com refuses every automated request with a 403, and the archived copy of the EuroBonus terms is an unrendered shell. What circulates about EuroBonus — no fuel surcharge on SkyTeam partner metal, only a per-traveller partner booking fee — is a community reading of SAS's booking flow, not a sentence SAS has published.
flysas.com · tried
The nerf log
Full tracker →Every tracked event that touches SAS EuroBonus.
- 6 Aug 2026MaxCoins' full transfer catalogue surfaces — Accor at 2:1 re-prices the coin to ₹1.08One verified door (Maharaja Club 5:4 via Air India's partner page) priced MaxCoins at ₹0.64 by the best-exit method; Accor ALL appeared in-app ~04-Aug with no ratio published anywhere citable → The in-app Redeem catalogue (read 06-Aug-2026) prints all eight doors — ALL Accor 2:1, SAS EuroBonus 1:1, AirAsia 1:1, Maharaja Club 5:4, LotusMiles 5:4, IndiGo BluChip 5:4 (enrollment gate), ShebaMiles 5:3, Air Arabia 5:3 — plus a '1 MaxCoin = ₹1' gift-card face. Best exit is now Accor: ₹1.08/coin
The gift-card app's coin grew up. When Accor ALL appeared in Maximize's transfer list in early August, no ratio existed anywhere on the public web — the catalogue lives server-side, behind the app. Now read in full, it settles the question generously: 100 MaxCoins become 50 Accor points, and at Accor's ₹2.15 peg that is ₹1.08 of hotel value per coin — ahead of the ₹1 gift-card face the app itself prints, and well ahead of the old Maharaja-door mark of ₹0.64. The rest of the catalogue is mostly a decoy: EuroBonus at 1:1 and LotusMiles at 5:4 sit below the cash face, and AirAsia at 1:1 turns a rupee into twenty-three paise. The play is unchanged in shape — earn the coins as gift-card discounts, exit through Accor — but the exit is now the best rupee-per-point door this currency has ever had.
- 1 Sept 2024SAS leaves Star Alliance for SkyTeamSAS a founding Star Alliance member (1997), its last Star day 31 Aug 2024; Scandinavia on the Star award map → SkyTeam member from 1 Sep 2024; EuroBonus survives the move, Star earn/redeem on SAS metal ends
A founding member walked: after 27 years, SAS exited Star Alliance on 31 August 2024 and woke up a SkyTeam member the next morning — the price of the Air France–KLM stake that anchored its restructuring. EuroBonus carried over intact, but for Indian award bookers the map moved: SAS's Copenhagen, Stockholm and Oslo network left the Star charts, so Maharaja Club and KrisFlyer redemptions on SAS metal died, and Scandinavia via Star now means Lufthansa Group connections. The consolation is on the SkyTeam side — Flying Blue, an Axis and Amex transfer partner, picked up SAS award space instead.
Straight answers
The questions people actually type about SAS EuroBonus — answered from the same data as everything above, with the same numbers.
What is 1 SAS EuroBonus point worth in INR?
Our desk marks SAS EuroBonus at ₹0.90 a point — so 1,000 points are worth ₹900 and 10,000 are worth ₹9,000. That is the number every route on this page is priced with. The ₹0.40 floor is the redemption you can always fall back on; the ₹1.60 ceiling is the best sweet spot we have actually verified. The mark is holding flat, last reviewed 21 Jul 2026. The valuation index prices it against every other program we cover.
When did SAS EuroBonus last devalue?
Never, on our record. We hold 2 tracked events touching SAS EuroBonus and not one of them is a devaluation. Read that as an absence of evidence, not a promise — the nerf log below is the full sourced history, and the nerf-risk grade still reads stable.
Verified against Scandinavian Airlines's own documents on · our house ₹/point, ₹0.90 today
Not published , and we will not invent it: how long posting takes · what it adds on top of the miles — nothing we could read.
Every document behind this page — 2 of them, each with the day we read it
- official SAS's own partner index — which of the 22 airline partners take EuroBonus points and which only earn them. This is the redemption network the mark is priced over.
- official SAS's Etihad partner page — flat 100,000/200,000/300,000 and 70,000/150,000/250,000 round-trip award tables for Europe to Abu Dhabi, the only published EuroBonus cells that reach this far east.