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.

---

★ 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

---

---

★ 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/-

---

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/

 

[kshitij_0]

They don't give that 5% weekend.... Multiple people have confirmed here on this forum.... But yes they do give quaterly spend benefits...

U can also fulfill the criteria by transferring money to your own paytm/phone merchant account... Or by adding money in paytm wallet using liberty debit card... Or by adding money uaing axis netbanking /debit card in kotak 811/indusind bank

If I just add 25k/month to my saving account using kotak 811/indus/airtel bank, will that be eligible in 25k merchant spend category to avoid MAB?
Also I'll receive 750 quarterly+500 monthly?
@VISHESH_BANSAL

 

[hks789]

If I just add 25k/month to my saving account using kotak 811/indus/airtel bank, will that be eligible in 25k merchant spend category to avoid MAB?
Also I'll receive 750 quarterly+500 monthly?
@VISHESH_BANSAL

Check your axis statement. If its says P2M then you are fine.

 

[Deleted member 2540]

If I just add 25k/month to my saving account using kotak 811/indus/airtel bank, will that be eligible in 25k merchant spend category to avoid MAB?
Also I'll receive 750 quarterly+500 monthly?
@VISHESH_BANSAL

You will get 750 voucher and NMC waiver for the mentioned spends.

But for weekend 5% cashback you have to Spend on Specific Categories I.e, Food Entertainment Shopping Travel.

 

[hks789]

You will get 750 voucher and NMC waiver for the mentioned spends.

But for weekend 5% cashback you have to Spend on Specific Categories I.e, Food Entertainment Shopping Travel.

Hey, Did you receive the voucher for Q4 2022?

 

[bugmenot]

Hey, Did you receive the voucher for Q4 2022?

I got the voucher email today. I converted my account from prime to liberty in Nov 2022. I did P2M UPI transactions of 60K on Zerodha.

 

[Shivad]

I have paid credit card bill on Google pay using upi from Axis liberty account, does that count for 25K spend criteria?

no
i also have same account

 

[Batmanbaba]

I got the voucher email today. I converted my account from prime to liberty in Nov 2022. I did P2M UPI transactions of 60K on Zerodha.

Can zerodha amount be transferred back to account without investment...??? Groww allows to do so

 

[TheTrickySid]

Can zerodha amount be transferred back to account without investment...??? Groww allows to do so

Yes it can be transferred
This is a pretty ond trick 😅

 

[bugmenot]

Can zerodha amount be transferred back to account without investment...??? Groww allows to do so

Yes it can be. They transfer back via NEFT so not quick as UPI. Though I don't rotate, I use the fund for investment.

 

[Batmanbaba]

Yes it can be. They transfer back via NEFT so not quick as UPI. Though I don't rotate, I use the fund for investment.

Yes.... I am using it after kotak 811 account is. Butchered to 30000....10000 per transaction limit

I think every bank/company have teams these days to introduce something to piss off customers every month..... Rather than improving experience.... Maybe groww also blocks someday so its good to have as many options possible

 

[Patil007]

I got the voucher email today. I converted my account from prime to liberty in Nov 2022. I did P2M UPI transactions of 60K on Zerodha.

Do we have to ask Axis to give voucher or they automatically calculate the spend and send us voucher?

 

[bugmenot]

Do we have to ask Axis to give voucher or they automatically calculate the spend and send us voucher?

This is my first time experience so I got the email. Not expecting, it will send every quarter. You can claim voucher on the given link so it's better to check at every new quarter about points credit

Axis Bank : Home

www.gyftr.com

 

[Patil007]

This is my first time experience so I got the email. Not expecting, it will send every quarter. You can claim voucher on the given link so it's better to check at every new quarter about points credit

Axis Bank : Home

www.gyftr.com

Checked now, not eligible. Off course i didn't spend 60K in quarter yet.

But thanks for link.

 

[Deleted member 2995]

I had open account in OCT-22 and made 30k spend every month but still voucher not received and tried on given link also and as per link it is showing your are not eligible for this. I spend 30 K every month through Amazon bill pay through Axis UPI and P2M is also showing in every transaction.

 

[bugmenot]

I had open account in OCT-22 and made 30k spend every month but still voucher not received and tried on given link also and as per link it is showing your are not eligible for this. I spend 30 K every month through Amazon bill pay through Axis UPI and P2M is also showing in every transaction.

send mail to pno with statement and error screenshot.

 

[lokeshp36]

Currently, I have axis Liberty account to get 750 gv on 60000 quarterly spends. I spend atleast 25000 per month anyway so I do not need to maintain MAB.

I have an option to change it to Axis Priority salary account as I have salary above 1 lakh per month. So on this case also I don't need to maintain MAB. But I won't get that 750 gv per quarter in this account.

So, is there any advantage/benefits in converting my account from Liberty to Priority Salary account?

 

[Rahul Gupta]

Currently, I have axis Liberty account to get 750 gv on 60000 quarterly spends. I spend atleast 25000 per month anyway so I do not need to maintain MAB.

I have an option to change it to Axis Priority salary account as I have salary above 1 lakh per month. So on this case also I don't need to maintain MAB. But I won't get that 750 gv per quarter in this account.

So, is there any advantage/benefits in converting my account from Liberty to Priority Salary account?

I think you will get better pre-approved cards with higher limits but don't know about other things.

 

[Sevendar@01]

Currently, I have axis Liberty account to get 750 gv on 60000 quarterly spends. I spend atleast 25000 per month anyway so I do not need to maintain MAB.

I have an option to change it to Axis Priority salary account as I have salary above 1 lakh per month. So on this case also I don't need to maintain MAB. But I won't get that 750 gv per quarter in this account.

So, is there any advantage/benefits in converting my account from Liberty to Priority Salary account?

If I was in your place would have gone for priority as it offers much more than liberty

 

[lokeshp36]

If I was in your place would have gone for priority as it offers much more than liberty

That's what I want to know. What does it offer?

 

[SiddharthR]

That's what I want to know. What does it offer?

+1