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    • Credit cardsPremía Credit Card

    Premía Credit Card

    Travel insurance:
    12 Saga Points for every ISK 1,000 spent in Iceland and abroad
    Annual fee: ISK 60,970
    Available prepaid: No

    The card is only available to Premía members and is ideal for frequent travellers and people wanting to collect Saga Points by using their card both at home and abroad. Initial Saga Club fee included in the price.

    The card comes with our best available travel insurance, golf insurance and various other travel benefits, such as entry to the Saga Lounge and priority check-in at Keflavík International Airport when flying with Icelandair. Premía cardholders also get a free monthly visit with a guest to Laugar Spa. Cardholders can also get a discount on food and drink at The Reykjavík Edition hotel,  BagBee services that collects your luggage and checks it in on your behalf and on heliskiing trips from Viking Heliskiing.

    The maximum insurance benefits are displayed in the table below.

    More about Premía and the benefits offered by the card

     

    Travel insurance - maximum benefits

    Death benefits in event of accident ISK 14,000,000
    Disability benefits in event of accident ISK 14,000,000
    Sickness insurance ISK 20,000,000
    Travel disruption ISK 300,000
    Escort in emergency ISK 300,000
    Reimbursement of trip
    		 ISK 750,000
    Per diem expenses in hospital
    		 ISK 144,000
    Luggage insurance
    		 ISK 1,000,000*
    Purchase insurance
    		 ISK 750,000*
    Delayed luggage
    		 6 hours
    Travel delay
    		 8 hours
    Delays on way to airport
    		 ISK 120,000**
    Delays due to overbooking ISK 40,000
    Comprehensive purchase insurance
    		 ISK 600,000
    Kidnap insurance
    		 ISK 720,000*
    Cancellation insurance
    		 ISK 750,000*
    Personal liability insurance
    		 ISK 40,000,000*
    Loss/collision damage waiver for rental car
    		 USD 50,000**
    Supplementary liability insurance for rental car
    		 USD 1,000,000
    Valid for up to
    		180 days

    Published subject to typographical errors.
    * Deductible ISK 15,000
    ** Deductible ISK 25,000

     

    Main benefits

    • Best available travel insurance on credit cards.
    • Golf insurance.
    • Comprehensive rental car insurance.
    • 12 Icelandair Saga Points for every ISK 1,000 spent, both at home and abroad.
    • The card includes a free monthly visit to Laugar Spa with a guest.
    • When you pay the annual fee you get 5,000 Icelandair Saga Points and 6,000 Icelandair Tier Credits.
    • Priority check-in at Keflavik International Airport on Icelandair flights for cardholders.
    • 50,000 Saga Points reward upon meeting certain conditions.1
    • Cardholders do not pay initial fee to join Icelandair Saga Club.
    • Free access to the Saga Lounge at Keflavík International Airport for Premía cardholders when flying on scheduled or chartered Icelandair flights.2
    • Premia cardholders can invite one guest into the Saga Lounge for a fee while space permits. Please refer to Icelandair’s website for terms and fees.3
    • Access to selected executive lounges abroad with the Priority Pass app for a small fee as per price list.
    • Book hotels through Visa Luxury hotels collection which offers the best prices on more than 900 luxury hotels plus other benefits.
    • 10% discount on food and drink at The Reykjavík Edition. The discount applies at The ROOF, the Lobby Bar, Tides, and Tides Café.
      Access to the Tölt Bar, which is exclusively open to those who have a membership card.4
    • 20% discount on all BagBee services by using the discount code: ArionPremia. BagBee collects your luggage, transports it to Keflavík Airport, and checks it in on your behalf. The offer is valid only when flying with Icelandair or Neos.
    • 15% discount on heliskiing trips from Viking Heliskiing, both packages and day trips. Free transfer to and from Akureyri Airport. Applies to the cardholder and one guest. To qualify for the discount payment must be made using the Premía card at Viking Heliskiing by phone on +354 618 2222 or on location.

    1) Annual turnover of more than ISK 2.5 million in foreign currency. Turnover means purchases using the card and foreign currency means transactions with vendors in a foreign currency. Annual turnover is for the period from 27 December to 26 December the following year. The turnover is calculated according to the credit card bill.  
    Every January, any cardholder meeting the above conditions on turnover and who has a valid card at the beginning of the year and has paid the full annual fee for the past year receives 50,000 Saga Points into their Icelandair Saga Club account.

    2) You are required to show the credit card in the Saga Lounge reception or a picture of the card with the name of the cardholder in the Arion app. It is not sufficient to show the credit card in Apple Wallet or Google Wallet. When a credit card is presented at the Saga Lounge reception, it will be scanned, and a zero-amount authorization will be requested to verify that the card is active. If the card is not active, access to the Saga Lounge will not be granted.

    3) Does not apply on Thursdays.

    4) You apply for access by sending an email to tolt.rek@editionhotels.com. After you will receive an email from Edition with further information. Please note that you must present your Premium credit card when collecting the membership card. The discount does not apply at Tölt nor to the Tides Counter experience.