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/

 

[varun__goel_]

I can see the charges clearly in my statement and branch cannot.
Just baseless excuses to close the case.

 

[harshEclipse]

Loot? You need to spend genuinely on GVs to get the benefit & then spend those GVs to make sense of those benefits. Yes for someone who can't get apay GVs at 5% though other cards/means, this acc is still good.

So Apay voucher buy on GYFTR will give confirmed 5% off? I wasnt sure if it fell under Wallet Load exclusion

 

[some1anywhere]

Spent 33K on Ajio on weekend via Liberty DC in Sep but no CB received post 15th Oct till now. Called customer care but those fools were clueless about what an MCC is or how to tell transaction category or MCC on the Ajio txn. Have asked Twitter team now. Quarterly voucher meanwhile has been no trouble - have been getting it consistently every quarter for a year.

Sad, that means they must've been using excluded MCC. Btw, weekend cashback got released on 17th October.

Got confirmation from Axsh❗️t 🪓🩸👹 yesterday for September weekend txn that the MCC for Ajio was 5699 which was eligible for 5% cashback since the txn was done on weekend. Raised another SR to credit it ASAP. These frauds have buggy systems, take months to even report the MCC for debit card txns and then don't proactively credit the cashback. It's a deliberate system designed to scam users. Will teach this bank a lesson in my own way (don't ask how) 🤭

 

[Divyansh01]

Got confirmation from Axsh❗️t 🪓🩸👹 yesterday for September weekend txn that the MCC for Ajio was 5699 which was eligible for 5% cashback since the txn was done on weekend. Raised another SR to credit it ASAP. These frauds have buggy systems, take months to even report the MCC for debit card txns and then don't proactively credit the cashback. It's a deliberate system designed to scam users. Will teach this bank a lesson in my own way (don't ask how) 🤭

Bhai mere taraf se bhi torture Krna

 

[Odyssey]

Rest in Peace🥹

 

[tharun]

Rest in Peace🥹
View attachment 113997

I think cardniti account is one of technofino users

Anyways 1st post was already updated long ago (last month😁)

 

[akilmds]

 

[CopyNinja]

Anyone got 750 for September quarter?
Got the dc cashback today

 

[soccer]

Anybody correctly got DC cashback for transactions done after the first week of October? (October 10th and onwards)

No 750 yet (not for me atleast!)

 

[6ix9ine]

Anybody correctly got DC cashback for transactions done after the first week of October? (October 10th and onwards)

5th october – received cashback.
18th october – none for the ₹2.5K transaction.

18th october -> Axis considered the transaction under the "e-commerce" category instead of usual "groceries & consumables".

Weird.

 

[soccer]

5th october – received cashback.
18th october – none for the ₹2.5K transaction.

18th october -> Axis considered the transaction under the "e-commerce" category instead of usual "groceries & consumables".

Weird.

A bit similar for me too.

Have got CB for the early October ones; but not for the later ones (despite it being at the same merchant)

Have pinged em for M. C. C; let's see.

 

[6ix9ine]

A bit similar for me too.

Have got CB for the early October ones; but not for the later ones (despite it being at the same merchant)

Have pinged em for M. C. C; let's see.

I assume, amazon pay in?

 

[soccer]

Looks like there's indeed been a change, even for the Privatet ones.

AZ changed it midway last month it seems. 🙁

 

[saber.mbt]

Weekend cashback received. Yet to receive 750 voucher

 

[soccer]

FWIW, the latest 🪓 CC reward vouchers were delivered by Hubble (not Gyftr)

Maybe this is the reason for the delay in vouchers- they're probably moving platforms.

CC redemption process was different- you got a code from them via sms and you had to enter it in their dedicated Hubble page (there is no login/OTP process whatsoever)

 

[BhaiyaJi]

FWIW, the latest 🪓 CC reward vouchers were delivered by Hubble (not Gyftr)

Maybe this is the reason for the delay in vouchers- they're probably moving platforms.

CC redemption process was different- you got a code from them via sms and you had to enter it in their dedicated Hubble page (there is no login/OTP process whatsoever)

Only 2, 750 credits are pending, they could have continued with gyftr for liberty vouchers

 

[tharun]

Only 2, 750 credits are pending, they could have continued with gyftr for liberty vouchers

It Could be that Axis is completely terminating their partnership with gyftr
Hence the changes 😭

 

[soccer]

Only 2, 750 credits are pending, they could have continued with gyftr for liberty vouchers

That would have been the logical thing to do, but sadly common sense isn't that common anymore! 😛

I wonder if the closure of the 750 voucher had anything to do with this move to Hubble. Hubble apparently onboarded 🪓 last month', so the timelines kinda match.

Makes me wonder if the gift edge portal will switch to Hubble too.

 

[vasanth_ece]

Seems APay Voucher bought from Amazon using Axis Liberty Debit card is excluded.. Not received cashback for previous month..

I think now Liberty account is totally over.

 

[uipolo]

Loot? You need to spend genuinely on GVs to get the benefit & then spend those GVs to make sense of those benefits. Yes for someone who can't get apay GVs at 5% though other cards/means, this acc is still good.

From where to buy Amazon pay gv to get 5% cashbback from liberty debit card?