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/

 

[hks789]

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.

Yes you can. I got mine upgraded mid december and I got voucher for the 60k I spent before December end.

 

[Anil_SinghAnil_Singh is verified member.]

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.

Yes. You should get it.

 

[Anil_SinghAnil_Singh is verified member.]

Yes you can. I got mine upgraded mid december and I got voucher for the 60k I spent before December end.

I opened on Feb 6th. Just now summed all P2M & Ecom PUR transactions and they already crossed 98K.

 

[ShubhRan]

Axis Liberty account also offer 1% cashback using Merchant UPI transaction.

if you spend 60000 in One Quarter You will get 750 rs Cashback ( Spend Should be done on Merchant UPI like cred/paytm add money using upi ) and i got 750 Rs .

Now 750 Voucher Cashback As per official axis its mentioned twice per year But i got 4 times in A year (You won't get email from axis/gyftr but check redemption link ) after quarter end - https://www.gyftr.com/rewards/axisbankspendscampaign/?utm_source=cuelinks-affiliate-13-06-19

Do i have to do merchant upi transaction through axis app itself or any app with the liberty a/c linked ?

 

[Anil_SinghAnil_Singh is verified member.]

Do i have to do merchant upi transaction through axis app itself or any app with the liberty a/c linked ?

Any app will do. Just make sure the statement in Axis app reflects P2M.

 

[Saif77]

Its been 5 business days. Still my ac isn’t upgraded. Damn Axis. Anyone faced same?

 

[Professor X]

Its been 5 business days. Still my ac isn’t upgraded. Damn Axis. Anyone faced same?

How did you upgrade? Is this an automatic upgrade?

I received a mail around mid Jan that your acct being upgraded to Liberty Salary acct, to stop this process send some SMS to some number before Feb 8th. Then almost after 1.5month on March 8th my acct upgraded to SALBR. Liberty Salary account.

It may take some time it seems.

 

[Saif77]

How did you upgrade? Is this an automatic upgrade?

I received a mail around mid Jan that your acct being upgraded to Liberty Salary acct, to stop this process send some SMS to some number before Feb 8th. Then almost after 1.5month on March 8th my acct upgraded to SALBR. Liberty Salary account.

It may take some time it seems.

Manually via visiting branch.

 

[Professor X]

Manually via visiting branch.

then no idea bro. my acct upgrade was automatically triggered.

 

[sharpened]

Its been 5 business days. Still my ac isn’t upgraded. Damn Axis. Anyone faced same?

Go to the branch and talk to the person again. I just did today after 3 business days and it turns out they had a newer form or something that I needed to sign instead. So my counter starts again.

 

[rakeshreddy95505]

Any app will do. Just make sure the statement in Axis app reflects P2M.

load fi account with axis upi

 

[Jatin1987]

Hi
Can anyone tell me that if i pay cc bill from cred app using gpay upi of Rs 60000 them m i eligible for inr 750 voucher of jan feb March quarter?

 

[Anil_SinghAnil_Singh is verified member.]

Hi
Can anyone tell me that if i pay cc bill from cred app using gpay upi of Rs 60000 them m i eligible for inr 750 voucher of jan feb March quarter?

I read somewhere in this group that someone upgraded his Axis account in Dec to Liberty and did 60000 p2m transactions in Dec itself and got the voucher. I also completed >60000 p2m in feb & march. Hope I will also get the voucher.

 

[Jatin1987]

I read somewhere in this group that someone upgraded his Axis account in Dec to Liberty and did 60000 p2m transactions in Dec itself and got the voucher. I also completed >60000 p2m in feb & march. Hope I will also get the voucher.

Bhai.. I asked something different. I asked about payment mode. Please tell me that if possible

 

[Copycat]

Bhai.. I asked something different. I asked about payment mode. Please tell me that if possible

He already answered that question here:
https://www.technofino.in/community/threads/axis-liberty-bank-account-suggestion.1504/post-148262

Question to you as I don't have CRED. Can you do a test payment of say Rs 100 using CRED and then check your Axis statement? If yes, go ahead with the remaining amount if it shows P2M (as per what the linked post specifies)

 

[Jatin1987]

He already answered that question here:
https://www.technofino.in/community/threads/axis-liberty-bank-account-suggestion.1504/post-148262

Question to you as I don't have CRED. Can you do a test payment of say Rs 100 using CRED and then check your Axis statement? If yes, go ahead with the remaining amount if it shows P2M (as per what the linked post specifies)

Thanks man. 😊

 

[Anil_SinghAnil_Singh is verified member.]

Thanks man. 😊

All cc bill payments made through CRED are marked p2m. I just checked in my Axis app, they are marked as p2m.

 

[Jatin1987]

All cc bill payments made through CRED are marked p2m. I just checked in my Axis app, they are marked as p2m.

Thanks man.

 

[sharpened]

Its been 5 business days. Still my ac isn’t upgraded. Damn Axis. Anyone faced same?

Did it get updated yet? How long did it take?

 

[Saif77]

Did it get updated yet? How long did it take?

Went to the branch again, they said it will take 1 month.