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Axis Bank Liberty Savings Account Benefits

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The first post in this thread is a WikiPost, and can be edited by anyone with the appropriate permissions.
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.


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.

Screenshot_2024-02-02-21-29-44-415-edit_com.google.android.gm.jpg

★ Conditions:-

**Check the list of eligible MCCs for the Weekend 5% Cashback at the link below.** 👇

^Check the list of excluded spends/MCCs for the NMC waiver at the link below.^ 👇


Screenshot 2025-10-21 114516.webp


★ 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/-



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/
 
Last edited by 6ix9ine:
Went to the branch again, they said it will take 1 month.
Why so long though? Are there any other better Axis savings account with 0 MAB like Liberty?

Or any other savings account with 10-12000 MAB apart from Axis easy savings digital account (MAB - 12K)?
 
Went to the branch again, they said it will take 1 month.
Raise a service request/complaint via phone banking. My branch person also said that scheme changes are done on monthly basis but it's not like that. You need to refresh on netbanking to see the updated scheme code. It hardly takes 5-7 days.
 
Raise a service request/complaint via phone banking. My branch person also said that scheme changes are done on monthly basis but it's not like that. You need to refresh on netbanking to see the updated scheme code. It hardly takes 5-7 days.
Yup I rasied a complaint. Lets see what happens
 
Yes. You can check yourself, the Category of txn in Axis Netbanking/Mobile App.

Grocery txns would be be visible under the Head Shopping, if MCC tagged is Correct.
Hi,
1. I have made a total payment of around 60000+ under P2M category in the quarter Jan- Mar 23. When can I expect the voucher of Rs 750?

2. What is the criteria to get 1% cashback on the virtual debit card of axis liberty account.
Please reply.
 
Hi,
1. I have made a total payment of around 60000+ under P2M category in the quarter Jan- Mar 23. When can I expect the voucher of Rs 750?

2. What is the criteria to get 1% cashback on the virtual debit card of axis liberty account.
Please reply.
For Voucher, Any time in April 23
For E-Debit Card
, Refer below link
 
For Voucher, Any time in April 23
For E-Debit Card
, Refer below link
Thanks for the reply.
However I was asking about the categories which are eligible for cashback for 500+ amount transaction.
Pls share if you know any certain categories where you have made transaction and received cashback.
Thanks
 
finally opened the axis liberty account today online
fairly easy and quick process
vkyc guy was good and nice but he played a trick to get his agent id included for helping me so that he can get whatever bonus
account number and e-debit card etc got instantly
account got activated in about 3 hours
able to add in upi apps etc
only issue is that unable to login to axis mobile app
 
finally opened the axis liberty account today online
fairly easy and quick process
vkyc guy was good and nice but he played a trick to get his agent id included for helping me so that he can get whatever bonus
account number and e-debit card etc got instantly
account got activated in about 3 hours
able to add in upi apps etc
only issue is that unable to login to axis mobile app
It will take around a week to get ur account fully functional... Welcome to axis digital banking.... 😂😜
 
finally opened the axis liberty account today online
fairly easy and quick process
vkyc guy was good and nice but he played a trick to get his agent id included for helping me so that he can get whatever bonus
account number and e-debit card etc got instantly
account got activated in about 3 hours
able to add in upi apps etc
only issue is that unable to login to axis mobile app
Once you receive physical debit card, call customer care and enquire about e-debit card charges. Its 500+gst. I was told so. I blocked the card right there.
 
Once you receive physical debit card, call customer care and enquire about e-debit card charges. Its 500+gst. I was told so. I blocked the card right there.
so far I haven't been charged or communicated anything for the e-debit card
physical debit card issuance is 250 which I had to deposit with 25k initial funding
 
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