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 15th November, 2025 for all existing as well as new customers. Customers who qualify for this benefit basis the transactions done till 15th November, 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/

 

[tharun]

Savings account closure request submitted and processed.

Tell us the complete procedure to close online
And also let us know how it's progressing?

 

[Dr.AMAN]

Tell us the complete procedure to close online
And also let us know how it's progressing?

You r also planning to close ur account?

 

[Donald J. Trump]

For account closure read the thread mark.

Update on mail: "Give us 3 more days."

 

[tharun]

You r also planning to close ur account?

Yes,
My main objective was to get pre-approved airtel axis credit card which I received
Now with the changes with quarterly voucher it's not longer useful for me to maintain 25k monthly
As for as Liberty debit cashback i only used it once in past 15months

 

[soccer]

Yes,
My main objective was to get pre-approved airtel axis credit card which I received
Now with the changes with quarterly voucher it's not longer useful for me to maintain 25k monthly
As for as Liberty debit cashback i only used it once in past 15months

The Liberty DC is a really good card.

Almost on par with SBI CB if you use it at the right places.

 

[SSquad]

The Liberty DC is a really good card.

Almost on par with SBI CB if you use it at the right places.

Yes, need to check the right time to use it at that place.

 

[tharun]

Almost on par with SBI CB if you use it at the right places.

True but I have sbi cashback card and millennia credit card so 5 percent is not a issue for me
For debit card I also have kotak 811 super got it 2 months back

 

[456]

Yes,
My main objective was to get pre-approved airtel axis credit card which I received
Now with the changes with quarterly voucher it's not longer useful for me to maintain 25k monthly
As for as Liberty debit cashback i only used it once in past 15months

Bro what is your transections pattern and how much time after account opening you got pre-approved airtel axis credit card?

 

[tharun]

Bro what is your transections pattern and how much time after account opening you got pre-approved airtel axis credit card?

Adding to amazon via debit card and self account transfer and initial days many offline transaction more than 400via upi
Bill payments via cred

account opening you got pre-approved airtel axis credit card?

6 months or so I got many cards like fkaxis,ace , airtel,neo myzone etc only neo was LTF so I took followed by 3 months I took Airtel axis

 

[6ix9ine]

True but I have sbi cashback card and millennia credit card so 5 percent is not a issue for me
For debit card I also have kotak 811 super got it 2 months back

In that case, you can close it. Millennia and SBI cashback will fullfill everything.

 

[messypenguin]

Tell us the complete procedure to close online
And also let us know how it's progressing?

Raised service request for account closure in the app, processed within in 12 hours.

 

[messypenguin]

Can u tell the reason for account closure? Due to the voucher discontinuation or some other issue with Axis?

don't find it useful anymore.

 

[Donald J. Trump]

Raised service request for account closure in the app, processed within in 12 hours.

DOESN'T LET ME DO THAT, ASKS TO CONTACT RM

 

[messypenguin]

DOESN'T LET ME DO THAT, ASKS TO CONTACT RM

I had two options 1.RM 2. Proceed with closure.

 

[6ix9ine]

Raised service request for account closure in the app, processed within in 12 hours.

Crazy

Account closure = 12 hours

But when asking simple things = ETA 7 days

 

[Donald J. Trump]

I had two options 1.RM 2. Proceed with closure.

hmmm

Crazy

Account closure = 12 hours

But when asking simple things = ETA 7 days

Waiting since 17 days for Reply on email

 

[6ix9ine]

hmmm

Waiting since 17 days for Reply on email

View attachment 113525

But saar account closure 12 hours saar 🤣

 

[tharun]

I had two options 1.RM 2. Proceed with closure.

I don't have such options

DOESN'T LET ME DO THAT, ASKS TO CONTACT RM

it shows same for me to contact branch or RM

 

[skvignesh]

I don't have such options

it shows same for me to contact branch or RM

Try mailing PNO and see..

 

[tharun]

Raised service request for account closure in the app, processed within in 12 hours.

Did you clear your balance before asking for closure or after closure request you removed the funds