Another adventure idea to consider is that Iceland Air offers stopover deal. Pick a European city and Iceland air will allow you to stop over in Iceland for a couple of days and then send you off to you next destination. That's how we're planning on getting to Oslo.

As many have alluded to, Iceland is a pretty "award-poor" destination. Flight choices other than on Icelandair are minimal or clunky, and chain hotels are thin-on-the-ground in Reykjavik and non-existent in the rest of the country.

Use this one as a point accumulating trip on your credit card :-)

You should forget about using miles for this trip. Instead, pay cash and fly Iceland Air. It's relatively affordable and includes a free stop in Reykjavik onward to Europe...

Pretty damn good deal.

Using Icelandair Saga Points / Miles
 

And for anyone wanting to use Icelandair FF miles, the hard-to-find award chart is here:
https://www.icelandair.us/frequent-f...69/icelandair/

According to the website, you must phone in (500 ISK telephone fee, approximately $4 USD) to make an award reservation, and pay a 3000 ISK service charge, a fuel surcharge and taxes.

you can use alaska air miles to fly on iceland air. spg transfers to alaska air. if you wanna base yourself in rek the hilton there is very nice and pretty affordable at 35k points a night i think.

AS is no longer a partner of Icelandair unfortunately. There's rumors they'll hook up with another US carrier, but until then the only way to get there on award travel is through cashback-based systems like Barclays Arrival, Chase Ultimate Rewards or Capital One Ventures.

Not since June 1, 2013 (unless you booked your flight already before that). See here:

http://www.alaskaair.com/content/mil...celandair.aspx

Or if you happen to already have a Diners Club card, you can transfer Club Rewards points to IcelandAir Saga. (But Diners Club US is still not accepting new applications for personal cards, so this is not a route open to anyone who hasn't already had this card for years.)

http://www.flyertalk.com/forum/diner...os-2012-a.html

However, given the Saga award chart in a post above, whether that's even worth it (should it be possible for you) is a separate question.

The more you spend, the more you amuse. Simple Equation. :) ;) :)

I've been doing similar research recently.

Delta flies JFK-KEF so if you have ways of getting some miles into that account, you may be able to use them on that route. Of course, availability with Delta is an entirely different story.

Short of that, staralliance is probably the only other mile-based way but I find it difficult to justify sitting on the plane twice as long and essentially backtracking from continental Europe back to Iceland and repeating that again on the way back when I can pay usually sub-$1K and be there in maybe 6 hrs.

Somebody else also recommended tours to me as a good way to save when traveling to Iceland.

Also check if prices to Europe via KEF. You can visit a second city in Europe and add a stopover for free on Iceland Air and sometimes it comes in cheaper.

Good hotels in REK are not expensive. I would highly recommend a rental car if you want to tour the sites.

Cruise to Iceland??
 

Anyone taking one of the cruises from Europe to Iceland and back? Was thinking of cheap award flight to Europe and then cruising back and forth from Iceland. Some of the cruises stop in Greenland as well.

Brings back memories of our $60 fare to KEF :)... But we paid a lot once we got there since iceland was booming back then...