Card Highlights
Icelandair Premium Mastercard is a Credit Card
With a credit card, you can carry a balance and accrue interest if necessary. Note this is not advised by me. The points game does not work well, if you are carrying a balance and accruing interest. See #4 in Let’s Get Started To Earning Free Travel.
Card Rewards
Earn Saga Points with the card. Learn about Saga Points here.
Sign-up Bonus
10,000 Points upon first purchase after account is opened. APPLY FOR THE CARD HERE.
Annual Fee
$39 annual fee.
No Additional Cardholder Fees
There are no additional cardholder fees.
Earn Miles on Spending
1. Earn 2 Saga Points per $1 on Icelandair purchases
2. Earn 1 Saga Point per $1 on all other purchases.
No Foreign Transaction Fees
Pay no foreign transaction fees when you use your card on purchases made outside the United States.