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SpiceJet SpiceClub

Fixed ₹0.50 a point against SpiceJet fares and add-ons (min 500 points) — worth exactly as much as the airline it's stuck to.

SpiceJet·holding flat·reviewed 2026-07-10
₹0.50
Floor
₹0.50
House value / point
₹0.50
Ceiling
—
Trend

Nerf risk: stable Last cut Dec-2014 devaluation (major) — quiet 11.6y since

Floor = the worst redemption you can always fall back on; ceiling = the best sweet-spot exit. The house value is what a disciplined traveller actually clears.

Every way in

Currencies that transfer in

Ratios read source points : SpiceJet SpiceClub points, cheapest mint first — the ₹ figure is what one point here costs you via that route.

1:1
HDFC Reward Points 24 hours cheapest way in
₹1.00 to mint 1 pt
1:2
Axis EDGE Miles 2–3 days
Axis Horizon gets 1:1
₹1.00 to mint 1 pt
1:1
SBI Travel Credits up to 21 days
₹1.00 to mint 1 pt
5:2
Axis EDGE Reward Points 2–3 days
Axis Magnus for Burgundy gets 5:4
₹1.00 to mint 1 pt

What a point has been worth

Derived only from quantified, dated events in the tracker — no interpolation, no vibes.

₹0.50 → ₹0.50 since 2015
  • 10 Jul 2026 ₹0.50 current house value
  • 1 Mar 2015 ₹0.50 tracker coverage start — no recorded movement while indexed — flat at the current house value; see currencies.yaml source

The nerf log

Full tracker →

Every tracked event that touches SpiceJet SpiceClub.

  • 17 Feb 2016
    Launch minor SpiceJet
    SpiceJet launches SpiceClub, first prepaid airline loyalty card
    No loyalty program on a low-cost Indian carrier → ₹399/year prepaid membership with vouchers, birthday perks

    SpiceJet announced SpiceClub on February 17, 2016 — a first for Indian low-cost aviation, blending a prepaid stored-value card with loyalty perks for ₹399 a year. Members got two ₹399 domestic-flight vouchers, a free birthday-flight base fare, 50% off on their anniversary, and priority check-in, nominally worth up to ₹10,000. It was a modest program next to JetPrivilege or Club Vistara, but it signaled even budget carriers now saw value in giving frequent flyers a reason to stick around.

  • 17 Dec 2014
    Devaluation major SpiceJet
    SpiceJet grounded fleet as oil firms cut off fuel credit
    Budget carrier flying normally, frequent flyers racking up miles → Flights grounded nationwide, ₹140m fuel bill unpaid

    SpiceJet's planes sat on the tarmac in December 2014 after state oil companies refused to fuel them on credit over a ₹14-crore dues pile-up, forcing the aviation ministry to broker emergency credit and loans just to keep it airborne. For anyone sitting on SpiceJet miles, this was the second time in three years an Indian carrier flirted with the abyss — Kingfisher's ghost was very much in the room.

  • 16 Apr 2007
    Partner major Jet Airways
    Air Sahara Reborn as JetLite After Jet Airways Buyout
    Air Sahara independent, mid-tier full-service carrier → JetLite, Jet Airways' low-cost subsidiary

    Jet Airways closed a ₹1,450 crore (about $150 million) all-cash deal for Air Sahara and renamed it JetLite within days, positioning it as a hybrid low-cost brand to fight IndiGo, GoAir and SpiceJet's new price war. For JetPrivilege watchers it meant Jet suddenly ran two frequent-flyer-adjacent domestic brands under one house, a integration headache that, as Jet's own later troubles showed, never got fully sorted out.

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