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/

 

[6ix9ine]

Unable to redeem Agv of this 750 Liberty upi Gv. Should I switch to Flipkart. Anyways I think it will be the last one.
View attachment 115003

Q4 is there also, if you completed 60K spends before 15th November.

 

[6ix9ine]

Are we getting 5% cashback on buying gift card from flipkart?

Flipkart tags excluded mccs most of the time. You won't get it.

 

[frugalSr]

That's a downgrade on a paper level also you won't get 5% weekend cashback since you are migrated user as you mentioned.

Weekend cashback is not applicable for those users and quarterly voucher is finished. So, better move to other banks.

so you mean to say, since im a migrated user i will not get any weekend 5% cashback! the purpose of this migration is only for jewellery scheme payment which i have a monthly payment of 10k

 

[6ix9ine]

so you mean to say, since im a migrated user i will not get any weekend 5% cashback!

Correct, migrated users are excluded from Liberty 5% cashback. Quarterly voucher was working for you peeps, but that too discontinued on 15.11.2025.

the purpose of this migration is only for jewellery scheme payment which i have a monthly payment of 10k

Look for any credit card which has milestone benefit. You might get better return.

 

[6ix9ine]

Even fipkart gift vouchers are showing an error now...

Amazon, Flipkart, Myntra = error

 

[RichieRich]

Even fipkart gift vouchers are showing an error now...

Amazon, Flipkart, Myntra = error

isi liye bola tha flipkart buy karlo, amazon ka wait mat karo.. waise bhi last time hi hai (almost)

 

[SSV]

Even fipkart gift vouchers are showing an error now...

Amazon, Flipkart, Myntra = error

Hence reap the benefits while they are available

 

[Jatayu]

isi liye bola tha flipkart buy karlo, amazon ka wait mat karo.. waise bhi last time hi hai (almost)

That's why I switched to Fk yesterday when both 750 Agv showed error.

 

[vasanth_ece]

Got the voucher but when I redeem getting " Try again after sometime" error.
.Anyway solution for this issue?

Not able to redeem any voucher..same error getting..

 

[vasanth_ece]

Anybody able to successfully redeem any voucher?

 

[Wealth is my birth right!]

Anybody able to successfully redeem any voucher?

Captcha failed continuously
Will try tomorrow

 

[Strange]

Those who are facing issue while redeeming the vouchers email help@gyftr.com with screenshot to fix the issue.

 

[6ix9ine]

Those who are facing issue while redeeming the vouchers email help@gyftr.com with screenshot to fix the issue.

Tumne isse fix kiya kya?

 

[Strange]

Tumne isse fix kiya kya?

Mass email dekh ke Gyftr kahi jaldi fix karde. 🤣

 

[6ix9ine]

Mass email dekh ke Gyftr kahi jaldi fix karde. 🤣

Dalta hu thodi der se, if template ho toh dm kardo sidha copy paste 😂

 

[telescope]

Now that 750 quarterly coupon is gone, if I continue to spend 25k every month with upi, will it remain zero balance account?

 

[6ix9ine]

Now that 750 quarterly coupon is gone, if I continue to spend 25k every month with upi, will it remain zero balance account?

Yes, but with a small caveat.

Just make sure your UPI transactions are made on eligible MCCs. Exclusions are:

1. Cash withdrawals (6010, 6011)

2. Insurance/Financial Institutions/Wallet Load + Top-up (4829, 6012, 6050, 6051, 6211, 6300, 6381, 6399, 6531, 6532, 6533, 6534, 6535, 6611, 6760, 7276)

3. Education (8211, 8220, 8241, 8244, 8249, 8299, 8493, 8494)

4. Fuel (5172, 5541, 5542, 5983)

5. Government Services (8111, 9211, 9222, 9223, 9311, 9312, 9313, 9314, 9399, 9402, 9405, 9411)

6. Telecom (4812, 4814)

7. Visa (9700, 9701, 9702)

8. Charities (8398)

 

[vasanth_ece]

Guys please don't order Amazon pay gv using debit card for 5% weekend cashback.I have done for previous month but not received cashback.

 

[Jatayu]

Guys please don't order Amazon pay gv using debit card for 5% weekend cashback.I have done for previous month but not received cashback.

Same here. Didn't get for both accounts. First time this happened. Mail them and let's see what they say. I purchased this month's Agvs too through DC. 500x4 ka loss ho jaega nahi aaye to.

 

[gowthamv]

Guys please don't order Amazon pay gv using debit card for 5% weekend cashback.I have done for previous month but not received cashback.

Same here. Didn't get for both accounts. First time this happened. Mail them and let's see what they say. I purchased this month's Agvs too through DC. 500x4 ka loss ho jaega nahi aaye to.

I ordered physical gift cards and I got the cashback successfully.

ordered 2 Physical Gift Cards of 10k each. Birthday month. So 500x2 = 1000 cashback received.