1 SpiceJet SpiceClub point is worth ₹0.50 in India.

₹0.50

₹500 per 1,000 points, our house mark

held at ₹0.50 · re-marked 10 Jul

Reviewed

How we got this ₹ figure

₹0.50 is our HOUSE value for a point — what a disciplined traveller actually clears, not the best redemption we have ever seen (₹0.50, the ceiling) and not the worst you can always fall back on (₹0.50, the floor). It is the number every route on this page is priced with.

The mark has 2 dated points in data/valuation-history.yaml, each one pinned to a quantified event in the tracker — no interpolation. The last move was re-marked 10 Jul. How we value a point →

Which of my cards reach it? — 42 do

2 cards earn SpiceJet SpiceClub outright. The figure is the reward rate — what ₹100 of ORDINARY spend earns back at our house ₹/point, before milestones, accelerators and the annual fee. How we compute it →

SpiceJet Axis Bank Voyage Black1.5%Axis BankSpiceJet Axis Bank Voyage0.8%Axis Bank

40 more cards feed it by transfer, ranked by what one of ITS points actually becomes here — per-card exceptions and card-specific whitelists already applied, no averages.

Axis Bank PRIMUS₹2.501:5 via Axis EDGE MilesAxis Olympus₹2.001:4 via Axis EDGE MilesAxis Atlas₹1.001:2 via Axis EDGE Miles
37 more cards that get you there — same ranking, best conversion first
HDFC Infinia Metal₹0.501:1 via HDFC Reward PointsHDFC Diners Club Black Metal₹0.501:1 via HDFC Reward PointsAxis Horizon₹0.501:1 via Axis EDGE MilesSBI Card MILES PRIME₹0.501:1 via SBI Travel CreditsSBI Card MILES ELITE₹0.501:1 via SBI Travel CreditsSBI Card MILES₹0.501:1 via SBI Travel CreditsAxis Magnus for Burgundy₹0.405:4 via Axis EDGE Reward PointsAxis Burgundy Private₹0.405:4 via Axis EDGE Reward PointsHDFC Regalia Gold₹0.252:1 via HDFC Reward PointsHDFC BizPower₹0.252:1 via HDFC Reward PointsIndianOil Axis Bank Premium₹0.252:1 via Axis EDGE MilesAxis Magnus₹0.205:2 via Axis EDGE Reward PointsAxis Bank Reserve₹0.205:2 via Axis EDGE Reward PointsAxis Bank Freecharge₹0.205:2 via Axis EDGE Reward PointsAxis Bank Kwik₹0.205:2 via Axis EDGE Reward PointsAxis Bank My Wings₹0.205:2 via Axis EDGE Reward PointsAxis Bank My Zone Easy₹0.205:2 via Axis EDGE Reward PointsAxis Bank Platinum₹0.205:2 via Axis EDGE Reward PointsAxis Bank Pride Platinum₹0.205:2 via Axis EDGE Reward PointsAxis Bank Pride Signature₹0.205:2 via Axis EDGE Reward PointsAxis Bank Titanium Smart Traveller₹0.205:2 via Axis EDGE Reward PointsIndianOil Axis Bank Credit Card₹0.205:2 via Axis EDGE Reward PointsAxis Bank Privilege Easy₹0.205:2 via Axis EDGE Reward PointsIndianOil Easy Axis Bank₹0.205:2 via Axis EDGE Reward PointsAxis Bank Purchase Reward Card₹0.205:2 via Axis EDGE Reward PointsAxis Bank Signature₹0.205:2 via Axis EDGE Reward PointsAxis Bank MY Business₹0.205:2 via Axis EDGE Reward PointsAxis Bank SELECT₹0.105:1 via Axis EDGE Reward PointsAxis Bank Privilege₹0.105:1 via Axis EDGE Reward PointsAxis Bank REWARDS₹0.105:1 via Axis EDGE Reward PointsAxis Bank My Zone₹0.0510:1 via Axis EDGE Reward PointsSamsung Axis Bank Signature₹0.0510:1 via Axis EDGE Reward PointsAxis Bank NEO₹0.0510:1 via Axis EDGE Reward PointsAxis Bank Business Supreme Visa₹0.0510:1 via Axis EDGE Reward PointsAxis Bank Business Supreme Mastercard₹0.0510:1 via Axis EDGE Reward PointsAxis Bank Corporate Credit Card₹0.0510:1 via Axis EDGE Reward PointsSamsung Axis Bank Infinite₹0.0510:1 via Axis EDGE Reward Points

The full funnel — ratios, chains and ₹/mile, side by side →

Shopping by bank instead? Axis Bank → · HDFC Bank → · SBI Card →

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. Two cards on this desk feed it since 2026-07-25 (SpiceJet Axis Voyage Black and Voyage); Axis's own value chart prices a point at exactly this ₹0.50.

From HDFC Reward Points₹1.001:1 (1–2 days)

cheapest way in — what one point costs to mint

SpiceJet SpiceClub has held — we grade its nerf risk stable Last cut Dec-2014 devaluation (major) — quiet 11.8y since How we grade it →

₹0.50
Floor
₹0.50
House value / point
₹0.50
Ceiling
—
Trend

No corridor on our board prices a seat in SpiceJet SpiceClub against a published chart — every option that reaches it is dynamic, and an estimate is not a seat. the 2,196 corridors that DO have a verified price →

The map view see the whole network →
SpiceJet SpiceClub — the transfer routes in and outHDFC Reward Points1:1 · variesAxis EDGE Miles1:2 · variesSBI Travel Credits1:1Axis EDGE Reward Points5:2 · variesSpiceJet SpiceClub4 in · 0 out

This drawing wants a wide screen. Every route it draws is in the lists below, priced.

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 (1–2 days)
only via HDFC Infinia Metal · HDFC Diners Club Black Metal · HDFC Regalia Gold · HDFC BizPower
HDFC Regalia Gold gets 2:1 · HDFC BizPower gets 2:1
₹1.00 to mint 1 pt
1:2 (weeks)
Axis Bank PRIMUS gets 1:5 · Axis Olympus gets 1:4 · Axis Horizon gets 1:1 · IndianOil Axis Bank Premium gets 2:1
₹1.00 to mint 1 pt
1:1 (weeks)
₹1.00 to mint 1 pt
5:2 (weeks)
Axis Magnus for Burgundy gets 5:4 · Axis Burgundy Private gets 5:4 · Axis Bank SELECT gets 5:1 · Axis Bank Privilege gets 5:1 · Axis Bank REWARDS gets 5:1 · Samsung Axis Bank Infinite gets 10:1 · Samsung Axis Bank Signature gets 10:1 · Axis Bank My Zone gets 10:1 · Axis Bank NEO gets 10:1 · Axis Bank Corporate Credit Card gets 10:1 · Axis Bank Business Supreme Visa gets 10:1 · Axis Bank Business Supreme Mastercard gets 10:1
₹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 — unchanged 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.

  • 25 Jul 2026
    Partner moderate HDFC Bank
    HDFC switches on 22 transfer partners for BizPower
    Airmiles conversion via NetBanking only — no partner ever named by HDFC → 22 SmartBuy transfer partners — 14 at 2:1, 8 at 3:1

    HDFC's ₹2,500 business card just got a redemption game. BizPower Reward Points — 5 RP per ₹200 since 15 May 2026, 5X on income tax, GST, PayZapp bills, Google and Meta Ads — could previously only leave the account as cashback at ₹0.20, catalogue goods at ₹0.35, SmartBuy travel at ₹0.50, or a nameless 'Airmiles conversion' via NetBanking. From 25 July they transfer on SmartBuy to the same 22 airline and hotel programmes Infinia and Diners Black see, one notch worse across the board: 2:1 to KrisFlyer, Flying Blue, Avianca LifeMiles, Turkish, United, Accor ALL, IHG, Club ITC, AirAsia, Finnair, Radisson, Wyndham, Lotusmiles and SpiceClub; 3:1 to Qatar and BA Avios, Air India Maharaja Club, Marriott Bonvoy, Aeroplan, Cathay Asia Miles, Etihad Guest and Thai Royal Orchid Plus. HDFC announced nothing and still names no partner in any document it publishes — the grid comes from four independent sightings that agree partner-for-partner, and the 2:1 base matches HDFC's own FAQ line, '1 Reward Points = Rs.0.5 airmiles'. Accor ALL at 2:1 is the standout: at our ₹2.15 house value that is the only one of the 22 doors worth more than a rupee a point (₹1.07), and it beats every cash-out HDFC offers this card. Sister card BizBlack, on Infinia-grade earn, still reaches exactly one programme.

  • 12 May 2022
    Launch minor Axis Bank
    SpiceJet and Axis launch the Voyage co-brand pair
    No credit card earned SpiceClub Points → Voyage (₹750) and Voyage Black (₹2,000) earn up to 18 / 28 SC per ₹200 on SpiceJet

    India's first low-cost-carrier frequent-flyer program finally got a card. Voyage Black enters at SpiceClub Gold with 28 points per ₹200 on spicejet.com — 7% at ₹0.50 a point — plus a ₹4,000 flight voucher and 8 domestic lounge visits; Voyage enters at Silver with 18 per ₹200 and a ₹1,500 voucher. Both are Visa, both charge 3.5% forex, and neither fee is ever waived on spend.

  • 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, ₹14 crore 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.

Straight answers

The questions people actually type about SpiceJet SpiceClub — answered from the same data as everything above, with the same numbers.

What is 1 SpiceJet SpiceClub point worth in INR?

Our desk marks SpiceJet SpiceClub at ₹0.50 a point — so 1,000 points are worth ₹500 and 10,000 are worth ₹5,000. That is the number every route on this page is priced with. The ₹0.50 floor is the redemption you can always fall back on; the ₹0.50 ceiling is the best sweet spot we have actually verified. The mark is holding flat, last reviewed 25 Jul 2026. The valuation index prices it against every other program we cover.

Which Indian cards earn SpiceJet SpiceClub?

2 Indian cards earn SpiceJet SpiceClub outright, and 40 more feed it by transfer. Best-ranked earners: SpiceJet Axis Bank Voyage Black and SpiceJet Axis Bank Voyage, the best of them at 1.5% reward rate. The card list above names each of them with its rank, its ratio and what one of its points becomes here.

Can I transfer Axis Bank points to SpiceJet SpiceClub?

Yes — Axis Bank PRIMUS earns Axis EDGE Miles and moves them here at 1:5, which makes one of its points 5.0 points and ₹2.50 of value at our house mark. 40 cards feed SpiceJet SpiceClub; it is the best of them. Everything that bank's points can reach — caps by card tier included — is on its transfer page.

When did SpiceJet SpiceClub last devalue?

17 Dec 2014 — SpiceJet grounded fleet as oil firms cut off fuel credit. We logged it Budget carrier flying normally, frequent flyers racking up miles → Flights grounded nationwide, ₹14 crore fuel bill unpaid. That is the newest cut on our record. The nerf log below carries 5 tracked events touching SpiceJet SpiceClub, and the program grades stable on nerf risk.