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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:
Hi Guys 🙂 repeated post please can you confirm liberty debit card is free or it's chargeable ?
How about NEFT and IMPS
SMS charges 😛
How to spend 60k 😀
Any Merchant Spend via Netbanking/UPI/Linked DC
 
Finally, happy that they implemented so fast.
I thought it would take another year to implement.
Axis MD desk told me in 7-10 days it will be Implemented but they took around a Month.

Let see if they credit past Months i.e Jan'23 to May'23 cashback in Netbanking or via Redemption Link.

For current and future Months I hope cashback will be reflected in Netbanking without any further hassle
 
Axis MD desk told me in 7-10 days it will be Implemented but they took around a Month.

Let see if they credit past Months i.e Jan'23 to May'23 cashback in Netbanking or via Redemption Link.

For current and future Months I hope cashback will be reflected in Netbanking without any further hassle
Did axis sent you any mail regarding cashback redemption through net banking?
If yes, please share the screenshot.
 
Why you Accepted Instakit of any other account variant?


In my case I got Instakit of liberty Account which contains Liberty Debit Card .
Now charges for Both Card will be deducted.

Generally branch will reverse the charges as this is the Branch fault and you can even raise complaint against Branch for not providing Instakit of Liberty Account

I would recommend if charges for both Cards are deducted then first raise complaint against Branch for not providing Instakit of Liberty Account.
Then Branch will call you and reverse the extra charges without any further delay otherwise they can delay reversal process if you directly ask them

Senior Management took Complaint against Branch very seriously and Branch has to response Senior Management word to word why need arises for a Customer to raise complaint against Branch

I had raised several complaints against my home Branch whenever they think they are oversmart and Customer is a fool. Then only Branch will behave properly beacuse Complaint against Branch is not less than 440 volt shock for Branch Employess. Whenever I raised complaint, reaction of employee "Sir aapne fir complaint kardi, koi bhi issue ho direct Branch Aya karo"

My Response "Branch aaya thha tabhi toh Complaint Ka mauka mila btao dubara visit karu ?"
Similar case with me...they gave me an instant kit of normal savings account instead of liberty...I explicitly told the manager "Agar 2 no ka paisa kata to ek ka paisa aapse le lenge"
 
It is written on Website, Virtual DC is complimentary for Liberty

And that Virtual DC has its own Benifts.

It is chargeable for Easy Access
In the ASAP Digital Page (see First image): It mentions Rs 250/- (inclusive of GST) in the fees and charges section (see second image): It mentions Rs 200/-(exclusive of GST i.e. Rs 236 inclusive of GST). Plus, the fees and charges section has no separate page for the ASAP Liberty Digital Savings Account. Hence the confusion
 

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