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/

 

[adityad]

Hello,
I have recently opened Liberty account.
I have been paying CC bill payment using Cred + upi (or cheq + upi). and not maintaining the required 25k balance thereafter.
For example I paid 30K on 10th of a month and 4k-5k rest of the month. However I add balance before month ends.

I got a sms saying "You have low balance last month. maintain balance to avoid charges."
Will I be charged for non maintenance of balance?

Thanks

 

[Deleted member 2540]

Hello,
I have recently opened Liberty account.
I have been paying CC bill payment using Cred + upi (or cheq + upi). and not maintaining the required 25k balance thereafter.
For example I paid 30K on 10th of a month and 4k-5k rest of the month. However I add balance before month ends.

I got a sms saying "You have low balance last month. maintain balance to avoid charges."
Will I be charged for non maintenance of balance?

Thanks

Ignore the message if monthly spends are 25k.

 

[Saif77]

Got my axis ac upgraded to Liberty.

Adding funds to Zerodha Via Axis Upi will count as merchant spends right? NMC will get waived off this way?

 

[bugmenot]

Adding funds to Zerodha Via Axis Upi will count as merchant spends right

Absolutely

 

[totaldragon]

Is there any other premium banking account offered by other banks where the AMB can be waived off based on spends?

 

[Abhishek012]

Is there any other premium banking account offered by other banks where the AMB can be waived off based on spends?

Yo, Kotak bank launch EveryDay RuPay Platinum debit card for EveryDay saving account -

RuPay Platinum debit card also offer 100 off on 500 Amazon wallet load per month.

Say goodbye to Non Maintenance Charges​

Transact* 30 times a month or maintain Average Monthly Balance of Rs. 20,000/- to get Non Maintenance charges (NMC) waived off

Kotak bank launch EveryDay RuPay Platinum debit card for EveryDay saving accounts

Kotak bank launch EveryDay RuPay Platinum debit card for EveryDay saving accounts: Apply Link: https://www.kotak.com/en/personal-banking/accounts/savings-account/everyday-saving-account.html Say goodbye to Non Maintenance Charges Transact* 30 times a month or maintain Average Monthly Balance...

www.technofino.in

 

[Md Kaif]

I am Receiving all benefits Properly.
And for weekend Cashback just DM Axis Twitter Handle after end of Every Quarter they will raise a service request and then they will share with you date on which they fulfill Weekend Cashback and Voucher offer for Previous Quarter.

Just DM Axis Support Twitter Handle after end of Every Quarter and You will Receive 1,500 INR Cashback for 3 Months and 750 Voucher

Weekend Cashback is applicable on Specific Merchant Categories. If your Txn is eligible they will definitely credit weekend Cashback.

There is no Proper Time Frame decided by Axis Bank for Crediting weekend Cashback.

I generally DM Axis Twitter Handle Once a Quarter and all benefits gets Processed in same month.

for fuel spends on weekends as well do we receive 5% cashback?

 

[Deleted member 2540]

for fuel spends on weekends as well do we receive 5% cashback?

Yes. Eligible Categories are Fuel, Entertainment, Shopping and Travel

 

[Md Kaif]

Why you Accepted Instakit of any other account variant?


In my case I got Instakit of liberty Account which contains Liberty Debit Card .
Now charges for Both Card will be deducted.

Generally branch will reverse the charges as this is the Branch fault and you can even raise complaint against Branch for not providing Instakit of Liberty Account

I would recommend if charges for both Cards are deducted then first raise complaint against Branch for not providing Instakit of Liberty Account.
Then Branch will call you and reverse the extra charges without any further delay otherwise they can delay reversal process if you directly ask them

Senior Management took Complaint against Branch very seriously and Branch has to response Senior Management word to word why need arises for a Customer to raise complaint against Branch

I had raised several complaints against my home Branch whenever they think they are oversmart and Customer is a fool. Then only Branch will behave properly beacuse Complaint against Branch is not less than 440 volt shock for Branch Employess. Whenever I raised complaint, reaction of employee "Sir aapne fir complaint kardi, koi bhi issue ho direct Branch Aya karo"

My Response "Branch aaya thha tabhi toh Complaint Ka mauka mila btao dubara visit karu ?"

i do the same with my canara bank home branch whenever I feel there any deficiency in service. Right now the branch employee are literally terrified to see my in the branch. Consequently I get top service😃

 

[Md Kaif]

You will get if You pay CC Bill via Amazon using UPI or netbanking

Next month after end of every Quarter.

does Credit card bill payment through the new Cheq app count for the quarterly gift card milestone? and does the same also quality for 25k monthly spends?

 

[Deleted member 2540]

i do the same with my canara bank home branch whenever I feel there any deficiency in service. Right now the branch employee are literally terrified to see my in the branch. Consequently I get top service😃

In my case Complete Branch Staff was changed when I Visited after few Months 🤣🤣 . Even after change of staff Behaviour was same.

 

[Saif77]

What’s the timeling of ac upgrade via branch?

I went to branch today and signed the docs for upgrade. Till now its showing Prime ac.

 

[bugmenot]

What’s the timeling of ac upgrade via branch?

I went to branch today and signed the docs for upgrade. Till now its showing Prime ac.

Probably 3 business days. Also there is an option of "refresh" in axis Bank. Just search in net banking, it will show the latest scheme code.

 

[Anil_SinghAnil_Singh is verified member.]

What’s the timeling of ac upgrade via branch?

I went to branch today and signed the docs for upgrade. Till now its showing Prime ac.

Probably 3 business days. Also there is an option of "refresh" in axis Bank. Just search in net banking, it will show the latest scheme code.

Axis Mobile -> Profile Icon -> Settings -> Refresh Accounts
Axis Mobile -> Accounts -> Account Details -> SBLBR

 

[Md Kaif]

In my case Complete Branch Staff was changed when I Visited after few Months 🤣🤣 . Even after change of staff Behaviour was same.

all axis staffs are same. they dress up like they are going to a wedding and there attitude towards costomers is like they are doing a favour by helping the customers.

 

[Anil_SinghAnil_Singh is verified member.]

Branch near my home have good staff. Very supportive and attentive.

 

[Deleted member 2540]

all axis staffs are same. they dress up like they are going to a wedding and there attitude towards costomers is like they are doing a favour by helping the customers.

That is TRUE.
Just tell them you are interested in taking insurance policy or SIP or Mutual funds etc.

Then the Same executive will become a completely Different Person

 

[Saif77]

Probably 3 business days. Also there is an option of "refresh" in axis Bank. Just search in net banking, it will show the latest scheme code.

Checked. Its the same. Maybe 3 days it is.

 

[Saif77]

Axis Mobile -> Profile Icon -> Settings -> Refresh Accounts
Axis Mobile -> Accounts -> Account Details -> SBLBR

Thanks Buddy

 

[sharpened]

Axis Mobile -> Profile Icon -> Settings -> Refresh Accounts
Axis Mobile -> Accounts -> Account Details -> SBLBR

I upgraded my account too. Once it shows SBLBR, can I spend 60k and get the voucher for this quarter? Only 14 days left this month.