IndiGo SBI ELITE vs SpiceJet Axis Bank Voyage Black
Full side-by-side comparison based on verified card data. Updated April 2026.
Quick Verdict
IndiGo SBI ELITE Credit Card wins 3 of 8 dimensions with a CardTrail Score of 8.4/10 vs 8.3/10.
| Feature | IndiGo SBI ELITE | SpiceJet Axis Bank Voyage Black |
|---|---|---|
| CardTrail Score | 8.4/10 | 8.3/10 |
| Annual Fee | ₹4,999 | ₹2,000 |
| Base Reward Rate | 1% | 1.5% |
| Max Reward Rate | 5% | 14% |
| Forex Markup | 1.99% | 3.5% |
| Domestic Lounges | 8 | 8 |
| International Lounges | 6 | 0 |
| Fuel Surcharge Waiver | Yes | Yes |
| Network | Visa | Visa |
When to Choose IndiGo SBI ELITE
- You can meet the fee waiver condition: Spend ₹5L/year
- You travel internationally — saves ₹1,510/year on ₹1L forex spend
- Your primary spend is: travel, miles
When to Choose SpiceJet Axis Bank Voyage Black
- You want higher rewards — up to 14% vs 5%
- Your primary spend is: travel, spicejet, flights
Forex Cost Comparison
On ₹1,00,000 annual international spending: IndiGo SBI ELITE costs ₹2,348 in forex fees vs SpiceJet Axis Bank Voyage Black at ₹4,130. You save ₹1,782/year with IndiGo SBI ELITE.
Annual Fee Value Analysis
To break even on IndiGo SBI ELITE's ₹4,999 fee at 1% rewards, spend ₹41,658/month.
To break even on SpiceJet Axis Bank Voyage Black's ₹2,000 fee at 1.5% rewards, spend ₹11,111/month.