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/

 

[srpraneeth]

+1

Are you sure when I ask customer care they are saying only one transaction of above 25000 should be counted I think your using from months so I will depend on your suggestion

 

[ujjawal]

Are you sure when I ask customer care they are saying only one transaction of above 25000 should be counted I think your using from months so I will depend on your suggestion

I have made multiple transactions and never faced any issue

 

[ashwinkashwink is verified member.]

I have made multiple transactions and never faced any issue

Same here 🤗

Are you sure when I ask customer care they are saying only one transaction of above 25000 should be counted I think your using from months so I will depend on your suggestion

 

[srpraneeth]

I have made multiple transactions and never faced any issue

Tq for you response and clarity

 

[srpraneeth]

Same here 🤗

Haa

 

[ashwinkashwink is verified member.]

Anyone using Indusind Bank Max Active Account?

 

[Deleted member 2540]

Are you sure when I ask customer care they are saying only one transaction of above 25000 should be counted I think your using from months so I will depend on your suggestion

Call again one of them will say such Savings Account does not exist which gives 750 voucher per Quarter.

Always believe on What is written on official website.

 

[DarthYoda]

Always believe on What is written on official website.

In my money section it is showing like this and also kotak811 via debit card shows ecom purchase. Do these count for 25k monthly spend and 60k for 750 voucher.
Regarding 5% weekend, does fuel filling eligible?
@ashwink
@VISHESH_BANSAL

 

[Deleted member 2540]

In my money section it is showing like this and also kotak811 via debit card shows ecom purchase. Do these count for 25k monthly spend and 60k for 750 voucher.
Regarding 5% weekend, does fuel filling eligible?
@ashwink
@VISHESH_BANSAL

Earlier, all shopping txns were eligible for 5%Weekend Cashback.
Poor axis Now restricted MCCs.
Check attached PDF.
MCCs are mentioned in Tncs PDF but MCC description is not correct or you can say MCC description given in Tncs PDF is Exhaustive

So Category reflecting in My Money may not match with description given in Tncs PDF but still such txns are eligible due to eligible MCC

Only Travel Spends are counted .
Fuel will give only this🥚

For 750 voucher as of now All Merchant Spends are eligible.

 

[LJGIBBS]

Are you sure when I ask customer care they are saying only one transaction of above 25000 should be counted I think your using from months so I will depend on your suggestion

AXIS ke Customer Care wale honestly is desh ke sabse bade lomdi-wale hain. Mera free virtual card close karwa diya yeh bol ke ki chargeble hai, soch lo.

 

[Anil_SinghAnil_Singh is verified member.]

AXIS ke Customer Care wale honestly is desh ke sabse bade lomdi-wale hain. Mera free virtual card close karwa diya yeh bol ke ki chargeble hai, soch lo.

Same. I tried reactivating it a week ago. Bolte hai ki ek baar block hogaya to re-activate nahi kar sakthe. I raised complaint against that cc executive for false info. And also, senior executive tells that 1% cashback feature is not applicable for free virtual cards that generates while opening accounts. So, not useful anyways.

 

[ashwinkashwink is verified member.]

Same. I tried reactivating it a week ago. Bolte hai ki ek baar block hogaya to re-activate nahi kar sakthe. I raised complaint against that cc executive for false info. And also, senior executive tells that 1% cashback feature is not applicable for free virtual cards that generates while opening accounts. So, not useful anyways.

Yes and we not even receive edge points as well 😢🥺

 

[ashwinkashwink is verified member.]

AXIS ke Customer Care wale honestly is desh ke sabse bade lomdi-wale hain. Mera free virtual card close karwa diya yeh bol ke ki chargeble hai, soch lo.

Till date not a single rupee is charged for virtual DC ..

 

[Anil_SinghAnil_Singh is verified member.]

Till date not a single rupee is charged for virtual DC ..

Virtual DC is LTF for digital accounts. Confirmed by senior customer care executive.

 

[DarthYoda]

Earlier, all shopping txns were eligible for 5%Weekend Cashback.
Poor axis Now restricted MCCs.
Check attached PDF.
MCCs are mentioned in Tncs PDF but MCC description is not correct or you can say MCC description given in Tncs PDF is Exhaustive

So Category reflecting in My Money may not match with description given in Tncs PDF but still such txns are eligible due to eligible MCC

For 750 voucher as of now All Merchant Spends are eligible.

So you saying that 25k spends criteria and 750 voucher k liye ecom pur and p2m toh eligible hai ?
5% k liye amazon voucher leskte ya amazon wallet load bcz kal amazon transfer pr p2m show hua tha Transaction mein? Plz confirm this.
Where is mcc mentioned in transaction?
Sorry for noob questions.

 

[murali_7]

Earlier, all shopping txns were eligible for 5%Weekend Cashback.
Poor axis Now restricted MCCs.
Check attached PDF.
MCCs are mentioned in Tncs PDF but MCC description is not correct or you can say MCC description given in Tncs PDF is Exhaustive

So Category reflecting in My Money may not match with description given in Tncs PDF but still such txns are eligible due to eligible MCC

Only Travel Spends are counted .
Fuel will give only this🥚

For 750 voucher as of now All Merchant Spends are eligible.

Where can I find these mcc in my transaction from axis mobile app?

 

[Deleted member 2540]

So you saying that 25k spends criteria and 750 voucher k liye ecom pur and p2m toh eligible hai ?
5% k liye amazon voucher leskte ya amazon wallet load bcz kal amazon transfer pr p2m show hua tha Transaction mein? Plz confirm this.
Where is mcc mentioned in transaction?
Sorry for noob questions.

Where can I find these mcc in my transaction from axis mobile app?

You have to E-Mail Axis for this Information.

 

[bugmenot]

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

Received the voucher and apay is available.

 

[Anil_SinghAnil_Singh is verified member.]

Received the voucher and apay is available.

Maybe by the end of the month I will also get it. Hope. 😭

 

[Deleted member 2540]

Received the voucher and apay is available.

Automatically ya Complaint ki thhi.