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/

 

[bugmenot]

Amazon available???

Available but points not credited yet for me atleast.

 

[ashwinkashwink is verified member.]

Available but points not credited yet for me atleast.

Did http://amzn.in/ and http://fkrt.it come back...?

 

[LJGIBBS]

Did http://amzn.in/ and http://fkrt.it come back...?

Amazon now available. but points not credited

 

[Batmanbaba]

anyone can help me?

this error is coming when I'm trying to opening axis liberty savings account.

U MIGHT HAVE ANY RELATION WITH AXIS IN FORM OF CREDIT CARD,SAVINGS ACCOUNT,FD OR DEMAT ETC...UR PAN IS IN THEIR SYSTEM THAT IS WHY U ARE GETTING THIS ERROR....U HAVE TO OPEN ACCOUNT BY MANUALLY VISITING BRANCH

 

[ashwinkashwink is verified member.]

U MIGHT HAVE ANY RELATION WITH AXIS IN FORM OF CREDIT CARD,SAVINGS ACCOUNT,FD OR DEMAT ETC...UR PAN IS IN THEIR SYSTEM THAT IS WHY U ARE GETTING THIS ERROR....U HAVE TO OPEN ACCOUNT BY MANUALLY VISITING BRANCH

FreeCharge pay later too

 

[krishc]

How many free ATM withdrawals we get per month ? in Axis ATM as well as other bank ATM ?

 

[Ritu raj]

Are still wallet load cred payment paytm merchant counted if someon plzz verify and tell me i m going to open account tommorow

 

[CardSeeker]

anyone can help me?

this error is coming when I'm trying to opening axis liberty savings account.

try offline

 

[CardSeeker]

Are still wallet load cred payment paytm merchant counted if someon plzz verify and tell me i m going to open account tommorow

wallet loads not sure,yes cred and paytm merchants will count

 

[DarthYoda]

anyone can help me?

this error is coming when I'm trying to opening axis liberty savings account.

Is this error coming during filling of ur personal details, if yes then same has happened with me, just clear data and install axis app again. It will go thru after 2 days.
I do not have any relationship with axis before opening a/c tho.

 

[𝙇.𝐊. 𝐓𝗶𝘄𝗮𝗿𝗶 :)]

U MIGHT HAVE ANY RELATION WITH AXIS IN FORM OF CREDIT CARD,SAVINGS ACCOUNT,FD OR DEMAT ETC...UR PAN IS IN THEIR SYSTEM THAT IS WHY U ARE GETTING THIS ERROR....U HAVE TO OPEN ACCOUNT BY MANUALLY VISITING BRANCH

No mate, Still no relationship with them.

Even I applied for axis bank credit card before more than 6 months, and that also not approved from their side.
also no demat account and freecharge pay later also tried but it is also never approved and saying that I'm ineligible.

Still thinking why their shit system giving such error. LOL😅

 

[𝙇.𝐊. 𝐓𝗶𝘄𝗮𝗿𝗶 :)]

Is this error coming during filling of ur personal details, if yes then same has happened with me, just clear data and install axis app again. It will go thru after 2 days.
I do not have any relationship with axis before opening a/c tho.

thanks, will surely try this.🙂

 

[Ritu raj]

Not all merchants 🤔

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.

Plzz tell you got pre approved credit card. 2.do u had any cibil history. 3.if you got pre approved offer so what u did maintain or spend 4. Are merchant spend also included for 500 cashback monthly if no the how u take 500cashbavk per month plzz tell

 

[sharpened]

SBI Cashback credit card official benefits revised w.e.f. 1st May 2023

REVISION OF BENEFITS ON CASHBACK SBI CARD: With effect from 01 May 2023, following changes will be applicable on your CASHBACK SBI Card: A. Below categories will not be eligible for Cashback benefit, apart from existing exclusions: Category Merchant Category Code (MCC) Jewelry 5051, 5094...

www.technofino.in

According to the above link and the MCC codes listed in Axis' 5% cashback t&c, we should get 5% cashback on buying Amazon gift cards using Liberty gift card every weekend. I'd usually buy it through HDFC millennia, but this might be a good alternative after hitting 20k/month limit.

 

[bugmenot]

Has anyone received ₹750 voucher for Jan-Mar quarter?

 

[Anil_SinghAnil_Singh is verified member.]

Has anyone received ₹750 voucher for Jan-Mar quarter?

Seems we have to register a complaint for everything in Axis environment.

 

[PARTH1122]

Has anyone received ₹750 voucher for Jan-Mar quarter?

not received yet

 

[srpraneeth]

Regarding axis liberity account
I have to make single transaction of 25000rs to merchants or else multiple transactions will be also counted
I mean if I make one transaction 12500 and next transaction 12500 RS so total 25000 so will it be counted or not or else I have to make single transaction of 25000rs to merchants can anyone give clarity

 

[ujjawal]

Regarding axis liberity account
I have to make single transaction of 25000rs to merchants or else multiple transactions will be also counted
I mean if I make one transaction 12500 and next transaction 12500 RS so total 25000 so will it be counted or not or else I have to make single transaction of 25000rs to merchants can anyone give clarity

You can make any number of transactions, total amount should be 25K

 

[ashwinkashwink is verified member.]

You can make any number of transactions, total amount should be 25K

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