Axis Bank Liberty Savings Account Benefits

[Deleted member 2540]

★ Axis liberty savings account is the best savings account for individuals who can qualify by meeting any one of the following conditions:-

(1) Maintain a minimum balance of ₹25000 in your account.

OR

(2) Spend ₹10000** per month on food, entertainment, shopping, and travel categories using the liberty debit card,
and
(2) Spend ₹15000^ per month at any merchant via the liberty debit card.

OR

(3) Spend ₹25000^ per month at any merchant via the liberty debit card.

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★ By meeting the 2nd condition, you can enjoy the following benefits with maximized savings:

(1) Zero balance account, since monthly spend of ₹25000 (₹10000** + ₹15000^) is required to receive the Non-Maintenance Charge (NMC) waiver for that particular month.

(2) 5% cashback (up to ₹500 per month), available on weekend transactions only (transactions made on Saturday and Sunday are considered).

● During your birthday month, you can earn 5% cashback up to ₹1000.

(3) One complimentary domestic lounge access per quarter.



★ Conditions:-

**Check the list of eligible MCCs for the Weekend 5% Cashback at the link below.** 👇

https://www.axisbank.com/docs/default-source/default-document-library/liberty-cashback-tnc.pdf

^Check the list of excluded spends/MCCs for the NMC waiver at the link below.^ 👇

https://www.axisbank.com/docs/default-source/default-document-library/liberty-savings-account-lifestyle-benefits-terms-and-conditions.pdf

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★ Overall Benefit:-
● ₹1000 × 1
● ₹500 × 11

Total:- ₹6500

★ Consolidated Charges:-
● SMS Charges: ₹17.70 × 4 = ₹71 (including GST)
● Liberty debit card annual fee: ₹354 (including GST)

Total:- ₹425

★ Net Annual Savings:- ₹6075/-

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1st Note:- You can now open a liberty account digitally and will receive both a virtual debit card and a physical liberty debit card. But, the virtual debit card issued with the digital axis liberty account is not the same as the e-debit card provided with other axis bank digital account variants.

2nd Note:- Quarterly gift voucher benefit linked to LIBERTY Savings Account shall be discontinued from 31th December, 2025 for all existing as well as new customers. Customers who qualify for this benefit basis the transactions done till 31st December, 2025 shall be considered eligible and awarded voucher as applicable basis terms laid out herewith.

Redemption Link for 750 GV:- https://www.gyftr.com/rewards/axisbankspendscampaign/

 

[Manishg]

Axis Liberty Good days over

Bhai panoti kyu laga rahe ho! Sab acha chal rha hai kisi parivaar se paneer mat chino.😸

 

[Credit_Cards]

Bhai panoti kyu laga rahe ho! Sab acha chal rha hai kisi parivaar se paneer mat chino.😸

panoti kaise bol rahe ho ? nazar lagana bolte isko

 

[Rohith-2009]

Bhai at least wait till month end.

I can wait. I just wanted to know if other people have received it

 

[Manishg]

panoti kaise bol rahe ho ? nazar lagana bolte isko

Tumko usse kya matalb? Tum bas paneer Khao😜

Khana hai ya nahi! 😁

 

[vasanth_ece]

@vasanth_ece @Credit_Cards Were you able to redeem the cashback? I’m still facing the same error and unable to redeem it.

No,not able to redeem

 

[tharun]

Last month I was in Bangalore and decided to book a cab with my Liberty debit card for weekend cashback.
Now today when I checked for cashback and guess what, I have received cashback of ₹0.1 and I calculated what could have given me such enormous CB. It was given for ₹2, which was transacted for card tokenisation but no cashback for actual payment for taxi service
Crazy Uber and Axis services.

 

[Anil_SinghAnil_Singh is verified member.]

I had to argue with the BM for charges. NMC lag gaya tha.

 

[Manishg]

My axis librerty debit card set to renewal on may. So, according to axis website issuance charges of this card is 200+ gst and annual fees is 300+gst.

So, I have one question like if I blocked my debit card before renewal date like on 30 April. And again issue (not replace) liberty debit card from axis app then issuance charges will be deducted there or annual charges.

Anyone can know please help me out.
@VISHESH_BANSAL

 

[vasanth_ece]

Anybody sucessfully redeemed March month Debit card cashback?

 

[Rohith-2009]

My axis librerty debit card set to renewal on may. So, according to axis website issuance charges of this card is 200+ gst and annual fees is 300+gst.

So, I have one question like if I blocked my debit card before renewal date like on 30 April. And again issue (not replace) liberty debit card from axis app then issuance charges will be deducted there or annual charges.

Anyone can know please help me out.
@VISHESH_BANSAL

You want to save 100 + GST

 

[Credit_Cards]

Tumko usse kya matalb? Tum bas paneer Khao😜

Khana hai ya nahi! 😁

khana hai na Bhai daba ke khana hai

 

[Credit_Cards]

You want to save 100 + GST

a penny saved is a penny earned

 

[hender]

My axis librerty debit card set to renewal on may. So, according to axis website issuance charges of this card is 200+ gst and annual fees is 300+gst.

So, I have one question like if I blocked my debit card before renewal date like on 30 April. And again issue (not replace) liberty debit card from axis app then issuance charges will be deducted there or annual charges.

Anyone can know please help me out.
@VISHESH_BANSAL

You want to save 100 + GST

Meanwhile Product Manager of Axis "😇"

 

[Credit_Cards]

I had to argue with the BM for charges. NMC lag gaya tha.

do they reverse it ? they charges me once last quarter and I want to close before they charge again this time

 

[Manishg]

You want to save 100 + GST

No, it is not actually for that my liberty debit card got damaged and no longer can be used for offline spends. It's chip is half out.

So, i don't have much offline spends but it is better if I get another physical card but replacement charges are there for it. I don't think it will be justified to pay based on my spends.

So, that's why I asked if it is possible that blocking and again issuance of that card will result me in 300 charges or 200 charges.

It is not necessary to have physical card but I think if charges will be 200+gst so I don't have to pay extra and also get physical debit card.

 

[messypenguin]

My axis librerty debit card set to renewal on may. So, according to axis website issuance charges of this card is 200+ gst and annual fees is 300+gst.

So, I have one question like if I blocked my debit card before renewal date like on 30 April. And again issue (not replace) liberty debit card from axis app then issuance charges will be deducted there or annual charges.

Anyone can know please help me out.
@VISHESH_BANSAL

You'll be charged annual fee at the end of one year irrespective of you blocking the card.

If you get the card reissued then you'll have to pay the charges again.

 

[Anil_SinghAnil_Singh is verified member.]

do they reverse it ? they charges me once last quarter and I want to close before they charge again this time

Yes. BM can.

 

[Manishg]

You'll be charged annual fee at the end of one year irrespective of you blocking the card.

If you get the card reissued then you'll have to pay the charges again.

How can it charge if card is blocked

 

[messypenguin]

How can it charge if card is blocked

annual charge is charged at the end of the year. According do axis CC if the card is blocked before 6 months then no annual charges, otherwise annual charges are levied for that period.

 

[Manishg]

annual charge is charged at the end of the year. According do axis CC if the card is blocked before 6 months then no annual charges, otherwise annual charges are levied for that period.

Can you share any official page mentioned this by Axis Bank. I am hearing this first time