Icelandair reserves the right to terminate or change its Frequent Flyer Program at any time, with or without prior notice. This includes the right to change or terminate these terms and conditions, the Membership Guide, points structure, redemption terms and card issuing procedure. If the program is terminated, all accumulated points may be cancelled. Icelandair will make a reasonable effort to notify members if it is decided to terminate the program.

Icelandair shall not be liable for any loss or damage resulting from such changes in rules or termination of the program. Any change to these terms and conditions shall be binding upon the member 30 days from notification of change. A member who cannot accept the change shall return the card, cut in half, to Icelandair within 30 days of notification of change. The member will be deemed as having accepted the changes on using the card, or ordering or using any Award or benefit offered.
Award flights may under no circumstances be sold. Icelandair reserves the right to cancel Award flights that have been wrongfully obtained.

Unwillingness to comply with these terms, as well as other Icelandair Saga Club terms, can lead to confiscation of a member's card and cancellation of points.
All flight and service Awards are offered subject to changes and availability. In some instances Icelandair has made an arrangement with other parties to render certain services to members. Icelandair will make a reasonable effort to ensure that these services will be available to members, but does not guarantee their availability.

Icelandair shall not be liable for any loss or damage caused by provision or non provision of its partners´ services. Icelandair shall not be liable for any loss or damage caused by withdrawal of any of these parties from the program.