SpiceJet Axis Bank Voyage vs Emirates Skywards ICICI Bank Rubyx (2026)
The answer flips at ₹2.75L a month: SpiceJet Axis Bank Voyage below it, Emirates Skywards ICICI Bank Rubyx above.
Head to head
| SpiceJet Axis Bank Voyage | Metric | Emirates Skywards ICICI Bank Rubyx |
|---|---|---|
| #77 — wins this row | Our rank | #86 |
| ₹750/yr — wins this row | Fee — joining · annual (+ GST) | ₹1,000/yr |
| None | Fee waiver | None |
| 3.5% of the transaction value (+ 1.5% dynamic-currency-conversion markup) | Forex markup | 3.5% + GST |
| 3.75%/mo (55.55%/yr) | APR | 3.75%/mo (45%/yr) |
| 0.8% | Headline earn rate | 0.9% — wins this row |
| SpiceJet SpiceClub | Currency | Emirates Skywards |
| ₹0.50/pt | House value | ₹0.90/pt |
| ₹1,500 SpiceJet flight voucher for 2 transactions within 30 days of issue, plus complimentary SpiceClub Silver membership | Welcome benefit | — |
| 72 of 789 | Lounge doors opened | 72 of 789 |
Neither issuer publishes an income floor for these two. SpiceJet Axis Bank Voyage is open to a direct application; Emirates Skywards ICICI Bank Rubyx is closed to new applications, and only grandfathered holders still have it. How people actually get Emirates Skywards ICICI Bank Rubyx is on its card page.
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.
SpiceJet Axis Bank Voyage wins under ₹2.75L/month; Emirates Skywards ICICI Bank Rubyx takes over above it.
Where the lead changes hands
The lead changes hands at ₹2.75L a month: SpiceJet Axis Bank Voyage is ahead by ₹2,935 at ₹0.25L, Emirates Skywards ICICI Bank Rubyx by ₹3,050 at ₹5L.
SpiceJet Axis Bank Voyage pays 2 annual spend milestones, the first at ₹1,00,000 a year, and Emirates Skywards ICICI Bank Rubyx pays none; SpiceJet Axis Bank Voyage pays a renewal bonus whatever you spend, and Emirates Skywards ICICI Bank Rubyx pays nothing to stay.
SpiceJet Axis Bank Voyage draws above the line, Emirates Skywards ICICI Bank Rubyx below · ₹0.25L to ₹5L a month, step by step
| Monthly spend | SpiceJet Axis Bank Voyage | Emirates Skywards ICICI Bank Rubyx | In front |
|---|---|---|---|
| ₹0.25L | ₹4,635 | ₹1,700 | SpiceJet Axis Bank Voyage by ₹2,935 |
| ₹0.5L | ₹7,020 | ₹4,400 | SpiceJet Axis Bank Voyage by ₹2,620 |
| ₹0.75L | ₹9,405 | ₹7,100 | SpiceJet Axis Bank Voyage by ₹2,305 |
| ₹1L | ₹11,790 | ₹9,800 | SpiceJet Axis Bank Voyage by ₹1,990 |
| ₹1.25L | ₹14,175 | ₹12,500 | SpiceJet Axis Bank Voyage by ₹1,675 |
| ₹1.5L | ₹16,560 | ₹15,200 | SpiceJet Axis Bank Voyage by ₹1,360 |
| ₹1.75L | ₹18,945 | ₹17,900 | SpiceJet Axis Bank Voyage by ₹1,045 |
| ₹2L | ₹21,330 | ₹20,600 | SpiceJet Axis Bank Voyage by ₹730 |
| ₹2.25L | ₹23,715 | ₹23,300 | SpiceJet Axis Bank Voyage by ₹415 |
| ₹2.5L | ₹26,100 | ₹26,000 | SpiceJet Axis Bank Voyage by ₹100 |
| ₹2.75L | ₹28,485 | ₹28,700 | Emirates Skywards ICICI Bank Rubyx by ₹215 |
| ₹3L | ₹30,870 | ₹31,400 | Emirates Skywards ICICI Bank Rubyx by ₹530 |
| ₹3.25L | ₹33,255 | ₹34,100 | Emirates Skywards ICICI Bank Rubyx by ₹845 |
| ₹3.5L | ₹35,640 | ₹36,800 | Emirates Skywards ICICI Bank Rubyx by ₹1,160 |
| ₹3.75L | ₹38,025 | ₹39,500 | Emirates Skywards ICICI Bank Rubyx by ₹1,475 |
| ₹4L | ₹40,410 | ₹42,200 | Emirates Skywards ICICI Bank Rubyx by ₹1,790 |
| ₹4.25L | ₹42,795 | ₹44,900 | Emirates Skywards ICICI Bank Rubyx by ₹2,105 |
| ₹4.5L | ₹45,180 | ₹47,600 | Emirates Skywards ICICI Bank Rubyx by ₹2,420 |
| ₹4.75L | ₹47,565 | ₹50,300 | Emirates Skywards ICICI Bank Rubyx by ₹2,735 |
| ₹5L | ₹49,950 | ₹53,000 | Emirates Skywards ICICI Bank Rubyx by ₹3,050 |
Transfer reach
Full route maps on each card page, best ₹/point routes on the optimizer →
What to watch out for
SpiceJet Axis Bank Voyage · 2 more →
- 0.75% on general spend — a loyalty punch-card, not a rewards engine
- SpiceClub points redeem only against SpiceJet fares, meals and add-ons; no transfer partners
- 12 of the headline 18 points per ₹200 come from the Silver tier, free for year 1 only
Emirates Skywards ICICI Bank Rubyx · 2 more →
- Closed to new applications — ICICI's own page says so
- No welcome miles and no renewal miles; the Emeralde and Sapphiro both have them
- Blue is Skywards' free entry tier — you can get it without paying ICICI ₹1,000
The call
For the ₹1L/month spender, SpiceJet Axis Bank Voyage nets ₹11,790 against ₹9,800 — a ₹1,990 gap. At ₹5L/month, Emirates Skywards ICICI Bank Rubyx nets ₹53,000 against ₹49,950 — a ₹3,050 gap. Lounge chasers get no tiebreak here: both open 72 of 789 tracked doors.
Our standing verdicts: SpiceJet Axis Bank Voyage — Downgrade; Emirates Skywards ICICI Bank Rubyx — Downgrade. On our board, SpiceJet Axis Bank Voyage sits at #77 to Emirates Skywards ICICI Bank Rubyx's #86 — that's the overall call. Your spend pattern can overrule us: run your exact numbers →
Straight answers
Which is better, SpiceJet Axis Bank Voyage or Emirates Skywards ICICI Bank Rubyx?
SpiceJet Axis Bank Voyage. It sits at #77 on our board to Emirates Skywards ICICI Bank Rubyx's #86. They split the 6 rounds we can score 3–3; the board rank is the tiebreak. SpiceJet Axis Bank Voyage wins under ₹2.75L/month; Emirates Skywards ICICI Bank Rubyx takes over above it.
SpiceJet Axis Bank Voyage or Emirates Skywards ICICI Bank Rubyx — which earns more at ₹3L a month?
At ₹3L a month, Emirates Skywards ICICI Bank Rubyx nets ₹31,400 against ₹30,870 — a ₹530 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, SpiceJet Axis Bank Voyage or Emirates Skywards ICICI Bank Rubyx?
SpiceJet Axis Bank Voyage — ₹750/yr against ₹1,000/yr. SpiceJet Axis Bank Voyage waives its fee at no spend level — there is no waiver; Emirates Skywards ICICI Bank Rubyx at no spend level — there is no waiver.
Which gets you into more airport lounges, SpiceJet Axis Bank Voyage or Emirates Skywards ICICI Bank Rubyx?
Lounge chasers get no tiebreak here: both open 72 of 789 tracked doors. 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: SpiceJet Axis Bank Voyage on 2026-07-26, Emirates Skywards ICICI Bank Rubyx on 2026-08-01. 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.