Danish neobank Lunar has partnered with Scandinavian Airlines (SAS) to launch the region’s first debit card with EuroBonus points.
Launched today (18 June), the card became Scandinavia’s first debit card allowing customers to earn EuroBonus points on everyday purchases, such as groceries, coffee and summer activities – without using credit.
Ken Villum Klausen, CEO and Founder of Lunar, said: “We are proud to enter into a partnership with such a strong Scandinavian brand as SAS, as our users get access to probably the most attractive bonus programme in Scandinavia.
“We aim to build the best everyday bank in the Nordics for our users, enabling them to make smart choices in daily life and get the most out of their money. The partnership is very attractive for our users and opens up a wide range of benefits.”
The product combines Lunar’s banking app with SAS’ EuroBonus programme, the frequent-flyer programme of SAS, which was launched in 1992.
The new debit card can be used for all purchases in Denmark, Sweden, Norway, and abroad and users can opt for either a physical or digital version of the card. For every 100 DKK (£11) spent, users earn 8 EuroBonus points. New Lunar users receive 3,000 welcome points, with the first 10,000 users getting 6,000 points.
Anko van der Werff, CEO of SAS, commented: “Through this partnership, SAS is creating new and exciting opportunities through our popular EuroBonus programme. Collaborating with a Scandinavian partner like Lunar enables our members to seamlessly earn points in their daily lives via their banking app and debit card.
“We anticipate significant growth for EuroBonus across Scandinavia, and we are eager to engage with the younger demographic that Lunar has effectively reached through its digital banking platform.”
This recent partnership to offer attractive bonuses to Scandinavian customers aligns with Lunar’s ongoing efforts to enhance financial offerings and customer benefits in the region. In 2022, the challenger bank announced a deal with Open Banking platform TrueLayer to deploy upgraded payments for customers across Denmark, Sweden and Norway.
