IndiGo Axis Bank Premium Credit Card vs SpiceJet Axis Bank Voyage Black (2026)
Axis Bank's own upgrade question: ₹2,000/yr against ₹5,000/yr — and the dearer card earns LESS, 1.0% to 1.5%.
Head to head
| IndiGo Axis Bank Premium Credit Card | Metric | SpiceJet Axis Bank Voyage Black |
|---|---|---|
| #51 — wins this row | Our rank | #56 |
| ₹5,000/yr | Fee — joining · annual (+ GST) | ₹2,000/yr — wins this row |
| None | Fee waiver | None |
| 2.5% + GST — wins this row | Forex markup | 3.5% of the transaction value (+ 1.5% dynamic-currency-conversion markup) |
| not published | APR | 3.75%/mo (55.55%/yr) |
| 1.0% | Headline earn rate | 1.5% — wins this row |
| IndiGo BluChip | Currency | SpiceJet SpiceClub |
| ₹0.50/pt | House value | ₹0.50/pt |
| 5,000 IndiGo BluChips + a 6E Eats voucher on fee payment — still doubled to 10,000 BluChips for anyone applying through 31 Aug 2026; the 5,000 BluChips repeat on every renewal | Welcome benefit | ₹4,000 SpiceJet flight voucher for 2 transactions within 30 days of issue (1-year validity), plus SpiceClub Gold membership and SpiceJet add-on vouchers worth ₹7,500 |
| 731 of 789 — wins this row | Lounge doors opened | 72 of 789 |
Neither issuer publishes an income floor for these two, and the door is the same on both sides: IndiGo Axis Bank Premium Credit Card and SpiceJet Axis Bank Voyage Black are both open to a direct application.
Gold marks the better side of a row. House value is our ₹-per-point mark for each card's currency — the full valuation index →
Ranking-value face-off
Everyday spend at each card's base rate plus a realistic ~20% at its best accelerator (less for narrow or capped boosters) — milestones, fee waivers and the redemption haircut all at our house ₹/point. That's why the biggest headline rate doesn't automatically win. This is the ranking model, the one that orders the board; each card page prints the earn-rate-only net annual value instead, which reads lower for any card with an accelerator (both models, side by side). Tune it to your own spend in the calculator.
It swings with spend: IndiGo Axis Bank Premium Credit Card at ₹1L/month, SpiceJet Axis Bank Voyage Black at ₹3L/month, SpiceJet Axis Bank Voyage Black at ₹5L/month.
Where the lead changes hands
The lead changes hands at ₹1L and ₹1.25L a month: SpiceJet Axis Bank Voyage Black is ahead by ₹1,870 at ₹0.25L, SpiceJet Axis Bank Voyage Black by ₹13,900 at ₹5L.
IndiGo Axis Bank Premium Credit Card draws above the line, SpiceJet Axis Bank Voyage Black below · ₹0.25L to ₹5L a month, step by step
| Monthly spend | IndiGo Axis Bank Premium Credit Card | SpiceJet Axis Bank Voyage Black | In front |
|---|---|---|---|
| ₹0.25L | ₹3,900 | ₹5,770 | SpiceJet Axis Bank Voyage Black by ₹1,870 |
| ₹0.5L | ₹10,300 | ₹13,540 | SpiceJet Axis Bank Voyage Black by ₹3,240 |
| ₹0.75L | ₹16,700 | ₹18,310 | SpiceJet Axis Bank Voyage Black by ₹1,610 |
| ₹1L | ₹23,100 | ₹23,080 | IndiGo Axis Bank Premium Credit Card by ₹20 |
| ₹1.25L | ₹27,000 | ₹27,850 | SpiceJet Axis Bank Voyage Black by ₹850 |
| ₹1.5L | ₹30,900 | ₹32,620 | SpiceJet Axis Bank Voyage Black by ₹1,720 |
| ₹1.75L | ₹34,800 | ₹37,390 | SpiceJet Axis Bank Voyage Black by ₹2,590 |
| ₹2L | ₹38,700 | ₹42,160 | SpiceJet Axis Bank Voyage Black by ₹3,460 |
| ₹2.25L | ₹42,600 | ₹46,930 | SpiceJet Axis Bank Voyage Black by ₹4,330 |
| ₹2.5L | ₹46,500 | ₹51,700 | SpiceJet Axis Bank Voyage Black by ₹5,200 |
| ₹2.75L | ₹50,400 | ₹56,470 | SpiceJet Axis Bank Voyage Black by ₹6,070 |
| ₹3L | ₹54,300 | ₹61,240 | SpiceJet Axis Bank Voyage Black by ₹6,940 |
| ₹3.25L | ₹58,200 | ₹66,010 | SpiceJet Axis Bank Voyage Black by ₹7,810 |
| ₹3.5L | ₹62,100 | ₹70,780 | SpiceJet Axis Bank Voyage Black by ₹8,680 |
| ₹3.75L | ₹66,000 | ₹75,550 | SpiceJet Axis Bank Voyage Black by ₹9,550 |
| ₹4L | ₹69,900 | ₹80,320 | SpiceJet Axis Bank Voyage Black by ₹10,420 |
| ₹4.25L | ₹73,800 | ₹85,090 | SpiceJet Axis Bank Voyage Black by ₹11,290 |
| ₹4.5L | ₹77,700 | ₹89,860 | SpiceJet Axis Bank Voyage Black by ₹12,160 |
| ₹4.75L | ₹81,600 | ₹94,630 | SpiceJet Axis Bank Voyage Black by ₹13,030 |
| ₹5L | ₹85,500 | ₹99,400 | SpiceJet Axis Bank Voyage Black by ₹13,900 |
Transfer reach
Full route maps on each card page, best ₹/point routes on the optimizer →
What to watch out for
IndiGo Axis Bank Premium Credit Card · 4 more →
- ₹5,000 fee with no spend waiver — you buy it back only with heavy IndiGo spend
- 1% general earn once you leave IndiGo channels
- 2.5% forex markup — better than the ₹799 sibling but still not a travel card's number
SpiceJet Axis Bank Voyage Black · 2 more →
- SpiceClub points buy SpiceJet seats, meals and add-ons — zero transfer partners, zero alternatives
- Only 12 of the headline 28 points per ₹200 are the card's; 16 need an active Gold tier, free for year 1 only
- Card-side SpiceJet earn is capped at ₹1 lakh of SpiceJet spend per month
The call
For the ₹1L/month spender, IndiGo Axis Bank Premium Credit Card nets ₹23,100 against ₹23,080 — a ₹20 gap. At ₹5L/month, SpiceJet Axis Bank Voyage Black nets ₹99,400 against ₹85,500 — a ₹13,900 gap. Lounge chasers: IndiGo Axis Bank Premium Credit Card opens 731 of 789 tracked doors to SpiceJet Axis Bank Voyage Black's 72.
Our standing verdicts: IndiGo Axis Bank Premium Credit Card — Downgrade; SpiceJet Axis Bank Voyage Black — Downgrade. On our board, IndiGo Axis Bank Premium Credit Card sits at #51 to SpiceJet Axis Bank Voyage Black's #56 — that's the overall call. Your spend pattern can overrule us: run your exact numbers →
Straight answers
Which is better, IndiGo Axis Bank Premium Credit Card or SpiceJet Axis Bank Voyage Black?
IndiGo Axis Bank Premium Credit Card. It sits at #51 on our board to SpiceJet Axis Bank Voyage Black's #56. They split the 8 rounds we can score 4–4; the board rank is the tiebreak. It swings with spend: IndiGo Axis Bank Premium Credit Card at ₹1L/month, SpiceJet Axis Bank Voyage Black at ₹3L/month, SpiceJet Axis Bank Voyage Black at ₹5L/month.
IndiGo Axis Bank Premium Credit Card or SpiceJet Axis Bank Voyage Black — which earns more at ₹3L a month?
At ₹3L a month, SpiceJet Axis Bank Voyage Black nets ₹61,240 against ₹54,300 — a ₹6,940 gap. Those are ranking-value figures: everyday spend at the card's base rate plus a realistic slice at its best accelerator, net of the fee.
Which costs less to hold, IndiGo Axis Bank Premium Credit Card or SpiceJet Axis Bank Voyage Black?
SpiceJet Axis Bank Voyage Black — ₹2,000/yr against ₹5,000/yr. IndiGo Axis Bank Premium Credit Card waives its fee at no spend level — there is no waiver; SpiceJet Axis Bank Voyage Black at no spend level — there is no waiver.
Which gets you into more airport lounges, IndiGo Axis Bank Premium Credit Card or SpiceJet Axis Bank Voyage Black?
Lounge chasers: IndiGo Axis Bank Premium Credit Card opens 731 of 789 tracked doors to SpiceJet Axis Bank Voyage Black's 72. Visit quotas, guest charges and spend gates are per card — the lounge map carries each one.
How current is this comparison?
Card records last re-verified against their issuers' own documents: IndiGo Axis Bank Premium Credit Card on 2026-08-15, SpiceJet Axis Bank Voyage Black on 2026-07-26. Every figure on this page — the ranking values, the fee rows, the lounge counts, the transfer ratios — is recomputed from those records each time the site builds, so a devaluation changes the call the day we log it.