Premium World
Premium World is for those who want to travel in style while enjoying better benefits.

Premium World is for those who want to travel in style while enjoying better benefits.

Premium World provides generous travel benefits, more flexible withdrawal limits, and is particularly well-suited for those who are frequently traveling.
You collect 12 Saga Points for every 1,000 ISK spent on all purchases, both domestic and international.
You will receive 5,000 Reward Points and 6,000 Benefit Points when you pay the annual fee for the card (see amendments below).3)
Free access to Saga Lounge at Keflavík International Airport for cardholders when flying with Icelandair scheduled flights and charter flights. 1)
Cardholders can bring one guest with them to the Saga Lounge for a fee. See more information about conditions and fees on the Icelandair website.
Cardholders have access to fast-track check-in at Keflavík Airport when flying with Icelandair.
With Priority Pass, you have access to better lounges abroad for a modest fee according to the price list.
10% discount on all Bagbee services by using the discount code: ARIONPW. BagBee picks up your luggage from your home, takes it to Keflavík and checks it in for you. Valid immediately when flying with Icelandair or Neos. 2)
You have easy access to bookings through Visa Luxury Hotels Collection. There you'll get the best possible rates at over 900 luxury hotels plus other benefits.
1) You must present your credit card at the Saga Lounge reception or show an image of the card with the cardholder's name in the Arion app. Showing the credit card in Apple Wallet or Google Wallet is not sufficient.
2) You must show your Premium World card when collecting luggage.
3) Effective 16 December 2026, Icelandair will deposit 4,000 Saga points into your Saga Club account instead of the 5,000 points previously awarded. In addition, Saga Club Tier Points will no longer be awarded.
Fraud cases are fortunately rare, as we do our best to ensure cardholder security through risk management and fraud monitoring.
Now you can securely store your receipts and attach files and/or add explanations to all your credit card transactions in the app.
When you shop online and payment confirmation is needed, you'll receive a notification from the Arion app that directs you to the payment confirmation screen.
We have updated the notifications we send from the Arion app when you pay for goods or services with your card.
Various things need to be considered before going on a vacation. Here are some good tips for those who are going abroad.
Some tips to keep in mind when shopping online.
If you believe you have been a victim of online fraud, please contact us immediately by phone at 444 7000 or by sending an email to netsvik@arionbanki.is. We also respond outside regular business hours.
Arion credit card holders have travel insurance with Vörður, which is included in the annual credit card fee. The insurance coverage may vary depending on which card you have, and we encourage you to familiarize yourself with the details.
SOS International provides emergency services to cardholders 24 hours a day. This includes general medical assistance, ambulance services, temporary assistance with medical expense payments, and consultation.
The card provides better benefits, more extensive travel insurance, higher withdrawal limits, and is particularly well-suited for those who travel frequently.
Cardholders collect Icelandair Saga Points on all shopping*, domestic and abroad, and have access to the Saga Lounge at Keflavík Airport when flying with Icelandair.
* Shopping refers to the purchase of goods or services from a merchant. Saga points are not earned on cash withdrawals, money transfers, currency exchanges, cryptocurrency purchases, or service fees. Refunds and chargebacks will be deducted from Saga point accumulation.
Effective 16 December 2026, a separate Icelandair Saga Club connection fee of ISK 2,500 will be charged in the same month as the card’s annual fee. In turn, the card’s annual fee will be reduced by the same amount.As part of this change, Icelandair will deposit 4,000 Reward Points into your Saga Club account instead of the 5,000 points previously awarded. In addition, Saga Club Tier Points will no longer be granted.
This is a fee that Icelandair charges on all credit cards that earn Saga Points.
Airline passengers earn Reward Points for every flight they take with Icelandair or when purchasing refreshments on board their aircraft. If they reach a certain number of points, they earn the status of Saga Silver member or Saga Gold member. The Reward Points expire after 12 months.
Previously, 6,000 reward points were awarded upon payment of the annual credit card fee. This will be discontinued on December 16.
More information about the Reward Points can be found on the Icelandair website.
No.
This means that cardholders have until 15 December 2026 to cancel their card if they are not happy with the change.
The change will not take effect until payment of the next annual fee collected after 16 December 2026.
No. Spend-based Saga Points earning remains unchanged, 12 points for every ISK 1,000.
Nothing is changing with regard to access to the Saga Lounge at Keflavík Airport when you fly with Icelandair.
Nothing is changing with regard to priority check-in when you fly with Icelandair from Keflavík Airport.