SAS Executive Card Early Access: 45,000 Level Points in Year One

Early access is now open for the SAS EuroBonus Business Executive Card, and the main offer is excellent. Approved cards that complete onboarding by September 20, 2026 receive 45,000 Level Points in the first year. SAS calls a card that has completed this process “boarded.” Starting from zero, 45,000 Level Points is enough for EuroBonus Gold.

We reviewed the final terms and documented the complete Swedish application process. The new information gives us a much clearer view of the card than the original announcement in May. We now know the cost of every card, the lounge limits, how points are awarded, and what a company must provide when applying.

This is still not a full public launch. SAS is inviting waitlist companies in boarding groups, beginning with Group 0. Groups 1 to 5 will follow. Companies that did not join the original waitlist can still register for the “last call” group.

Early Access Is Open

The email sent to the first waitlist members confirms that onboarding has started. Companies are divided into boarding groups. SAS is reviewing Group 0 first and plans to invite Groups 1 to 5 gradually.

The group system matters because the promotion is tied to completed onboarding, not the date someone joined the waitlist or submitted an application. SAS website says:

Extra 25,000 Level Points = 45,000 Level Points in year one. For cards boarded by September 20, 2026. Limited to one redemption per EuroBonus account.

This makes timing especially important for companies in later groups. Check the email address used for the waitlist and submit as soon as SAS opens your group. An application alone does not secure the extra 25,000 Level Points.

The early access email sent to waitlist members on September 1, 2026.

How the 45,000 Level Point Offer Works

The Level Point calculation is simple. The Executive Card normally provides 20,000 Level Points each year, enough for EuroBonus Silver without flying. During early access, SAS adds 25,000 extra Level Points in the first year:

EuroBonus Gold normally requires 45,000 Level Points or 45 qualifying flights in one qualification period. The early access offer therefore provides exactly the normal number of Level Points required for Gold.

There are three important conditions:

1. The card must be boarded by September 20. The application date does not secure the offer. The company must also complete verification and receive Nordiska’s credit decision.
2. The offer is limited to one redemption per EuroBonus account. Multiple Executive Cards linked to the same person do not provide more than one bonus.
3. Check when the points will be added. The program terms say SAS will not change the date to match an individual’s qualification period. If your EuroBonus year ends soon, ask when the Level Points will be added.

This Is Early Access, Not the Full Launch

The public website now contains a “Start your application” button, but SAS is still processing companies in groups. Companies may need to wait until SAS opens their group.

The application must be submitted by the company’s CEO or an authorized signatory. SAS currently supports:

• Sweden: Enskild firma and Aktiebolag.
• Norway: Sole trader and AS.
• Denmark: Sole trader, A/S, and ApS.

Nordiska performs the credit assessment. A place on the waitlist does not guarantee approval, and the final credit limit may be lower than the amount requested.

Once approved, SAS says the first physical Executive Card is ordered automatically for the person who submitted the application. Companies can then order physical cards for employees and coworkers through the admin portal.

The email also confirms that digital cards and mobile wallet support will be introduced later. Apple Pay and Google Pay are planned features, but early customers should expect to receive a physical card first.

Application Walkthrough in Sweden

We documented the Swedish application directly, from BankID identification to the final boarding group confirmation. The application includes seven screens that cover the company, requested credit, repayment, and expected card use. The initial form is simple and does not ask for company documents, although Nordiska can still request more information during its review.

The screenshots below only show the Swedish application. We expect Norway and Denmark to use a similar process because the card and issuer are the same. However, the local electronic identification method, currency, company types, questions, and wording may differ. We will update this guide when we can document those applications directly.

The application starts with country selection and identity verification. SAS then reviews the application before the agreement is signed and the card is issued.

Step 1: Identify the Company

The first screen identifies the company. In Sweden, the applicant selects Sweden and enters the company registration number. A Swedish sole trader enters a personal identity number instead. The person signing in must be the CEO or another authorized signatory.

Step 1 asks SAS and Nordiska to identify the company.

Step 2: Verify a Company Email Address

Next, the form asks for a company email address and sends a verification code. Use an inbox that the applicant checks regularly because SAS will also use email during the review.

The company email must be verified before continuing.

Step 3: Request a Credit Limit

The Swedish application provides a slider from 20,000 to 200,000 SEK. A company can request a higher limit later by contacting support. The selected amount is only a request. Nordiska may approve a lower limit.

The initial Swedish credit limit selector ranges from 20,000 to 200,000 SEK.

Step 4: State How the Credit Will Be Repaid

The application then asks how the company will repay the card. The standard answer includes cash flow, the company’s own funds, or external financing. An “Other” option allows a separate explanation. This is a normal part of the credit and compliance review.

Applicants identify the expected source of repayment.

Step 5: Describe the Expected Card Use

The card usage screen asks where the card will mainly be used and whether spending will be similar each month or vary. It also confirms an important rule, the Executive Card may only be used for business expenses.

The applicant selects the main region and whether monthly card usage will be steady or variable.

Step 6: Review the Application and Terms

Before submission, SAS shows the company information, requested credit limit, repayment source, and expected usage on one page. Each section can be opened again if something needs to be changed.

This is the point where we recommend slowing down and reading the documents. The page links the program terms, general credit terms, price list, privacy notices, and travel insurance terms. Check the annual fee for each card and note that payment is due 14 days after the invoice date.

The final review shows the application choices and all legal documents in one place.

Step 7: Submission and Boarding Group Review

The confirmation appears immediately after submission. In the Swedish application we documented, the company was assigned to Boarding Group 3 while SAS was processing Group 0.

This screen is easy to misunderstand. It confirms that SAS received the application, but it is not a credit approval. There is nothing else to do while the application waits for its group to open. Nordiska will review it in group order and send the result by email. If approved, the next steps are signing the agreement and receiving the card.

The submitted application entered Boarding Group 3 while SAS was processing Group 0.

The Fee Applies to Every Card

The most important pricing detail is that the fee applies to every card, not once per company. SAS shows a monthly price of 599 SEK or NOK, or 499 DKK. However, Nordiska bills the complete fee for 12 months in advance.

Invoices are normally due 14 days after issue. The product includes up to 45 interest free days, depending on the purchase date. Cash withdrawals and transactions that are equivalent to cash are not permitted.

This changes the calculation for companies with several employees. One Swedish card costs 7,188 SEK per year. Five cards cost 35,940 SEK, and 15 cards cost 107,820 SEK before any negotiated discount.

SAS invites companies that need 10 or more cards to discuss volume pricing. Companies planning 25 or more cards can also receive implementation and ERP integration support.

The Lounge Benefit Is Not Unlimited

The original announcement said that lounge access was included, but it did not explain the limits. We now know exactly what each eligible cardholder receives:

• 10 SAS Lounge vouchers per year for SAS lounges in Copenhagen, Oslo, and Stockholm.
• Five free Priority Pass visits per year across its network of more than 1,800 lounges.
• 35 USD per Priority Pass visit after the five included entries.

The main benefit page does not mention free guest visits. Until SAS publishes separate lounge terms, calculate the benefit for the cardholder only.

This can still be useful for occasional lounge visits. However, it is not the same as an unlimited Priority Pass membership, and we would not value it as one.

Points Go to the Cardholder, Not a Company Pool

The final program terms answer another important question. Each cardholder links the Executive Card to a personal EuroBonus account. Eligible purchases on that card earn 25 Bonus Points per 100 SEK, NOK, or DKK into that account.

Only one Executive Card at a time can be linked to a person’s EuroBonus account for Bonus Points, Level Points, and SAS Lounge access. Additional cards held by the same person do not create duplicate entitlements.

Purchases made before the card is linked do not earn points later. Transaction points are also held until the company pays at least the minimum amount due on the related invoice. If the bill remains unpaid after the second reminder, those points are lost and cannot be recovered.

This can be valuable for the cardholder, but the company needs a clear policy. Under the terms, the company and the cardholder are responsible for tax questions. SAS does not monitor whether points earned from business spending are later used for work or private travel. The company must determine any taxes on employee benefits, payroll contributions, withholding, or reporting obligations. Cardholders remain responsible for personal tax obligations.

More Details Confirmed at Launch

The remaining benefits are useful, but the Level Points and earning rate are still the main reasons to consider the card. The final benefits page confirms:

• Avis President’s Club status with priority service and rental discounts.
• Travel insurance when at least 50% of a covered trip is paid with the card.
• 3 GB of mobile data each month in more than 100 destinations.
• A free NordVPN subscription.
• Automatic Scandic Friends Level 4 status at minimum.
• A Cardlay expense platform with receipt capture, cost codes, mileage, policy rules, controls that update in real time, and structured exports.

The Swedish Zurich insurance terms cover the cardholder and family on covered trips of up to 60 days. They also cover up to 60 days of private travel connected to a business trip. Limits and exclusions apply, including separate payment rules for rental cars.

For a complete analysis of each benefit, including insurance limits, prohibited transactions, company types, team pricing, and comparisons with Amex Elite and Mastercard Premium, see our updated SAS Executive Business Card guide.

Is the Early Access Offer Worth It?

Our view is simple. For an eligible business owner who wants EuroBonus Gold, the first year offer can provide very good value. The 45,000 Level Points can provide Gold without the Amex Elite spending requirement or a year of qualifying flights. The card also earns 25 Bonus Points per 100 kr on eligible purchases.

Remember that Level Points cannot be used to book flights. They only count toward status. After the first year, the regular benefit falls to 20,000 Level Points, enough for Silver from zero but not Gold.

The value is lower for someone who already holds Gold or Diamond, rarely travels, or spends little on the card. It also becomes harder to justify when a company adds many employee cards because every card has a separate annual fee.

The short deadline creates uncertainty. September 20 is only 19 days after Group 0 onboarding began, and later boarding groups have less time. Companies should submit as soon as invited, but they should not treat the bonus as guaranteed until the card is approved and boarded.

What to Do Now

If you joined the waitlist:

1. Check which boarding group appears in your invitation.
2. Ask the CEO or authorized signatory to prepare the application.
3. Confirm the applicant’s EuroBonus number and the date when their qualification year ends.
4. Submit as soon as your group is invited, leaving time for credit review before September 20.
5. Link the EuroBonus account before the first purchase.
6. Decide which employees need an additional card at the standard price.
7. Create a written company policy for points earned through business spending and private redemptions.

If you did not join the waitlist, register through the Executive Card page for the last call group. SAS has not promised that these applicants will be boarded in time for the offer of 45,000 Level Points.

AwardFares’ Take

After reviewing the final terms and the Swedish application, we see this as a strong status card for a business owner or a small number of frequent travelers. We do not see it as an obvious card for every employee.

The offer of 45,000 Level Points is one of the strongest EuroBonus status offers we have seen from a payment card. The main limitation is the price. The fee applies to every card, while lounge access has clear limits. A company with many cardholders should calculate the full yearly cost and ask SAS about volume pricing before applying for additional cards.

The Level Points can provide status, while the Bonus Points earned from purchases can be used for award travel. AwardFares can search EuroBonus award seats across SAS and its SkyTeam partners and alert you when seats become available in premium cabins.

Official Sources

• SAS Executive Card early access page
• SAS Executive Card benefits
• Pricing, credit, and company eligibility
• Nordiska general credit and payment terms
• Official price list
• SAS EuroBonus Business Cards program terms
• Swedish Zurich travel insurance terms