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.

---

★ 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

---

---

★ 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/

 

[Kuldeep khola]

Voucher aa gya guys.. Jashn ki tayyari karo..

Waw finally ....

 

[jack333]

Sab apne voucher me se 50% bansal sahib @VISHESH_BANSAL ko donate karenge jinki mehnat aur mushakkat ke karan yeh din dekhne ko mila sabhi bhai logon ko. For payments
Upi id jack333@roast

 

[Deleted member 2540]

Sab apne voucher me se 50% bansal sahib @VISHESH_BANSAL ko donate karenge jinki mehnat aur mushakkat ke karan yeh din dekhne ko mila sabhi bhai logon ko. For payments
Upi id jack333@roast

Nhi bhai sabne complaint ki thhi apne voucher ke liye
Mne baas Axis ko satisfaction dilwayi jo usko last 2-3 years se nhi mill thhi, aur Axis Tadap raha thha satisfaction ke liye

Aur Axis Bekaaboo hogaya thha bina RBI Ka Bamboo andar liye.😂

 

[jack333]

Vishesh bhai ka bamboo sach me vishesh hai. Kya satisfaction deta hai 🤣

 

[Deleted member 2540]

Vishesh bhai ka bamboo sach me vishesh hai. Kya satisfaction deta hai 🤣

Next Turn HDFC ki hai.
Par HDFC ki tadap Axis jaise nhii hai toh shaayad HDFC ke liye jarurat na paade

 

[LJGIBBS]

HDFC ke bas RM padosiewale hain, unka customer care Axis jaisa gaya guzra nahi hai.
Inko private credit card agents ne badnaam kiya hai - "Aello Sir, main AeH-Dii-EaF-See Credit Card department se bol rahi hu, aapka preapproved card ka offer hai"

 

[ashwinkashwink is verified member.]

Year sadly I didn't get it 😔

 

[jack333]

What you really need is some vishesh tips on how to do bamboo

 

[Deleted member 2540]

Year sadly I didn't get it 😔

Have you already raised complaint?

I think abhi bhi kasar baaki hai axis ko ek baar staisfaction aur chayie.
Mann nhi baara axis ka abhi

 

[ashwinkashwink is verified member.]

Have you already raised complaint?

I think abhi bhi kasar baaki hai axis ko ek baar staisfaction aur chayie.
Mann nhi baara axis ka abhi

No🥲

 

[Deleted member 2540]

No🥲

You can raise Complaint with RBI BO.

If you want , I can share my RBI BO complaint number in DM. You can mention it as a reference.

Kya pta you also get compensation and Axis get one more stroke of RBI Bamboo.

 

[ashwinkashwink is verified member.]

You can raise Complaint with RBI BO.

If you want , I can share my RBI BO complaint number in DM. You can mention it as a reference.

Kya pta you also get compensation and Axis get one more stroke of RBI Bamboo.

Okay bhai 👌

 

[Anil_SinghAnil_Singh is verified member.]

Year sadly I didn't get it 😔

Same.

 

[Anil_SinghAnil_Singh is verified member.]

😐

 

[Deleted member 2540]

View attachment 16404

😐

Yeh technical issue nhi yeh Financial issue hai.

I think, Jaise Jaise Axis Funds ka jugad kar raha hai waise waise vouchers process ho Rahe hai.

Priority given to Customers on first come first complaint basis.

Technical issue hota toh kissi ka bhi nhi aata ya pair sabka ek saath aaata like previous Quarters , but axis Batches m process kar raha hai toh I think it is not technical issue, it is financial issue due to losses in last Quarter

 

[Anil_SinghAnil_Singh is verified member.]

Yeh technical issue nhi yeh Funds ka issue hai.

I think, Jaise Jaise Axis Funds ka jugad kar raha hai waise waise vouchers process ho Rahe hai.

Priority given to Customers on first come first complaint basis.

Technical issue hota toh kissi ka bhi nhi aata ya pair sabka ek saath aaata.

Mujhe bhi yahi laga. I spent about 40k via debit card. They definitely have got money through MDR for my transactions. Jo complaint kar raha hai usi ko de rahe shayad.

 

[krishc]

Yeh technical issue nhi yeh Financial issue hai.

I think, Jaise Jaise Axis Funds ka jugad kar raha hai waise waise vouchers process ho Rahe hai.

Priority given to Customers on first come first complaint basis.

Technical issue hota toh kissi ka bhi nhi aata ya pair sabka ek saath aaata like previous Quarters , but axis Batches m process kar raha hai toh I think it is not technical issue, it is financial issue due to losses in last Quarter

losses in last quarter not due to any business issue.
it's a one-time accounting thing due to accomodating Citi retail business purchase.
without that, they're in profit.

 

[bhushan0101]

View attachment 16404

😐

Muze ye msg ke bad bhi nahi aaya tha voucher, firse aur ek request raise karna pada fir uske 4 working days bad receive huwa.

 

[Deleted member 2540]

losses in last quarter not due to any business issue.
it's a one-time accounting thing due to accomodating Citi retail business purchase.
without that, they're in profit.

Yup! You are right but still I think it is a financial issue only not due to losses but due to overwhelming response Axis received from Liberty Customers.

MDR fee on UPI P2M and DC are minimum and axis in return giving 1% in form of vouchers and 5% on selected DC spends.

Soon Axis will revise the features.

So only MDR revenue from our txns is not enough for Axis to credit 1% and 5% of txn Amount to every Customer.

Axis Kab tak apni khud ki pocket se fund karega ?

Usually Banks Expect to cross sell products after Acquiring Customers e.g., FD, RD, SIP, Insurance Policies etc, therfore such lucrative offers is not sustainable for Banks after a point of time.

As of now Axis is offering me a
Pre-Approved Personal loan.

Axis never gives me Pre-approved Credit Card offer when I maintained a AMB of 50k but suddenly I am eligible for a Pre-Approved Personal Loan even when My AMB remains Zero.

 

[RewardsAlert]

Yup! You are right but still I think it is a financial issue only not due to losses but due to overwhelming response Axis received from Liberty Customers.

MDR fee on UPI P2M and DC are minimum and axis in return giving 1% in form of vouchers and 5% on selected DC spends.

Soon Axis will revise the features.

So only MDR revenue from our txns is not enough for Axis to credit 1% and 5% of txn Amount to every Customer.

Axis Kab tak apni khud ki pocket se fund karega ?

Usually Banks Expect to cross sell products after Acquiring Customers by giving lucrative offers on Savings Account like FD, RD, SIP, Insurance Policies etc, therfore such lucrative offers is not sustainable for Banks after a point of time.

Would like to know your thoughts on how Axis is able to provide huge benefits on premium cards such as Magnus and Reserve.
Because losses is even incurred in giving valueback on these cards.

Do you feel it's a part of their long term strategy?
What can be their Agenda?
How long will they be able to sustain it according to you?

Appreciate your knowledge about Axis and Banking, hence expecting a detailed explanation.
Thanks!