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/

 

[Cebu]

I am wondering if I just open a basic account with 10K AMB will I be able to get Easyshop Platinum Debit Card for cc payments ?

 

[SSV]

I am wondering if I just open a basic account with 10K AMB will I be able to get Easyshop Platinum Debit Card for cc payments ?

I think you could get it @750 per anum cost... Not definitely free...

 

[Deleted member 2540]

I am wondering if I just open a basic account with 10K AMB will I be able to get Easyshop Platinum Debit Card for cc payments ?

Open 25k MAB, for free Platinum DC

Otherwise 10k would also work but chargeable @ Rs.750.

 

[AritraSaha]

I am wondering if I just open a basic account with 10K AMB will I be able to get Easyshop Platinum Debit Card for cc payments ?

You can avail this dc even in 2.5 amb account.
But as other also mentioned you have to pay 750+gst.

 

[Cebu]

You can avail this dc even in 2.5 amb account.
But as other also mentioned you have to pay 750+gst.

Which is 2.5K amb account ? The minimum account I saw was of 10K. My calculations basically is that if I create Fd of extra 15k instead, which would have been in the bank for the account. Through senior citizens fd that is 8% I can earn around 1200 so I see no point in keeping extra 15000K just to save 750 around ..

 

[dhiraz]

Which is 2.5K amb account ? The minimum account I saw was of 10K. My calculations basically is that if I create Fd of extra 15k instead, which would have been in the bank for the account. Through senior citizens fd that is 8% I can earn around 1200 so I see no point in keeping extra 15000K just to save 750 around ..

You Can Even Get 2.5K Half Yearly Account in HDFC which is Saving Farmers Account



Even My Friend Ankit Can Get EasyShop Platinum Debit Card by Paying 750 Annual Fee


Also, Regular Savings Account MAB or QAB Depends on Branches

Minimum Average Balance Requirements

• Metro / Urban branches: AMB Rs.10,000/-, or Fixed Deposit of Rs 1 Lakh for minimum 1 year 1 day period (w.e.f 1st July’22),
• Semi-Urban Branches: AMB Rs.5,000/- , or Fixed Deposit of Rs 50,000 for minimum 1year 1 day period (w.e.f 1st July’22),
• Rural Branches: AQB Rs.2,500/- or Fixed deposit of Rs 25,000 for a minimum 1 year 1 day period (w.e.f 1st July’22)

Note: FD should be linked to the Regular Savings account and of the primary Regular Savings Account holder

 

[AritraSaha]

Which is 2.5K amb account ? The minimum account I saw was of 10K. My calculations basically is that if I create Fd of extra 15k instead, which would have been in the bank for the account. Through senior citizens fd that is 8% I can earn around 1200 so I see no point in keeping extra 15000K just to save 750 around ..

Well i have digi save account in rural branch, the amb is 2.5k.
And regular account is also come with 2.5 mab in rural branch.

 

[Patil007]

For only June Month they charge me 14.25 Rs for SMS.

 

[AritraSaha]

For only June Month they charge me 14.25 Rs for SMS.

I stopped it from the app, never got charged.

 

[hariselio]

Consolidated charge of 3.5 + GST for me, Is it random? Also i pay CC bill around 20-25K every month using liberty debit card via paytm. Any benefits on this? Any vouchers? 😀

 

[dhiraz]

@VISHESH_BANSAL Bhai Ke Athak Prayaso (Hard Work) Ke Baad Axis Dil Se Open Ho Raha Hai

 

[Deleted member 2540]

@VISHESH_BANSAL Bhai Ke Athak Prayaso (Hard Work) Ke Baad Axis Dil Se Open Ho Raha Hai
View attachment 23886

Axis ne Backlog clear kar diya na toh abb officially inform bhi kar diya

Muje Axis MD desk ne April'23 m hi inform kar diya thha aur Forum pe bhi update kard diy thha .

 

[jack333]

I stopped it from the app, never got charged.

Where is the option in app and after that Otp are coming or not?

 

[Deleted member 2540]

Where is the option in app and after that Otp are coming or not?

Woh HDFC ke liye Bol raha hai.

Axis ko apni kidney bechni pad jaayegi agar woh SMS alrets off kardega Sabke Accounts ke.

Crores ka Revenue hai SMS charges se and Koi jada bolta bhi nhi hai kyuki Max Rs.17.7 hi hai per Quarter.

 

[SSV]

@VISHESH_BANSAL Bhai Ke Athak Prayaso (Hard Work) Ke Baad Axis Dil Se Open Ho Raha Hai
View attachment 23886

I am not really ready to take a dive into AXIS's SB account opening because of the obvious lack of reliability and poor CS quality....
But after reading about this Liberty account here, especially @VISHESH_BANSAL bhai's comments, I am really confused...
Out of all the AXIS SB accounts , this looks like to give a good bang for the buck...
How do they give CC LTF offers based on this Liberty account?? guys your opinions are appreciated...
I do have ICICI WM and HDFC Preferred currently.. We can't ignore AXIS for a long time, just because of its sheer size after CITI's acquisition.
I am hoping they could put their house in order sooner than later..

 

[SSV]

Axis ne Backlog clear kar diya na toh abb officially inform bhi kar diya

Muje Axis MD desk ne April'23 m hi inform kar diya thha aur Forum pe bhi update kard diy thha .

Vishesh bhai, your opinion?? Shall I open the Liberty account? are there any issues that you faced with this account??
Others also welcomed to express their opinion as well... Much appreciated..

 

[Deleted member 2540]

Vishesh bhai, your opinion?? Shall I open the Liberty account? are there any issues that you faced with this account??

If you want an Axis Account, you can Open Liberty Account.


Read the First Comment of this thread for More details of this Account.

And Lots of injuries were there but Treatment was done by RBI itself and Now this a perfect Account to start relationship with Axis.

 

[shutapdiya]

Vishesh bhai, your opinion?? Shall I open the Liberty account? are there any issues that you faced with this account??
Others also welcomed to express their opinion as well... Much appreciated..

I have opened this account after going through all this thread last and I can tell you this is really BANG FOR THE BUCK account as you want

I have opened this account after going through all this thread last and I can tell you this is really BANG FOR THE BUCK account as you want

And yes Vishesh Bhai is the go to person when its comes to Anything about Axis Liberty

He has fought with Axis, he know complete features on this

He is Liberty Guru

 

[SSV]

And yes Vishesh Bhai is the go to person when its comes to Anything about Axis Liberty

He has fought with Axis, he know complete features on this

He is Liberty Guru

Hail the AXIS King @VISHESH_BANSAL , AXIS King Vishesh !!! AXIS King Vishesh!!!

I have opened this account after going through all this thread last and I can tell you this is really BANG FOR THE BUCK account as you want

Thanks will do, My AXIS branch is just 1 minute walk away...

 

[abhishek751]

What are consolidated charges in axis bank are they SMS charges or something else ?