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/

 

[Tejo]

So, there is a different between e debit card?
The paid one get cb and the free one get nothing.

Yeah, if you want cb just pay the fees, contact cs

I think 500+90(not sure)

 

[SSV]

Vishesh bhai won't eat panipuri.

He wants champagne.

For that he needs to earn for it...
This only qualifies for Panipuri 🤣🤣

 

[Deleted member 2540]

@VISHESH_BANSAL bhai, can you confirm this... He is my AXIS CC @Tejo 😉 😉

See, I do not think there is any difference between Paid and Free E-Debit Card.

Cashback Credit time frame is 90 days.

So wait and watch.

I do not have E-Debit, Otherwise I would initiate another round of Treatment for Axis in case Axis do not give cashback for eligible txns just like I did for Axis Liberty Account 5% weekend Cashback.

 

[SSV]

My question-
1. Is the payment cash points equivalent to cash?(what is the usage?)

If you have more than 1 lakh Paytm CB points then they can be converted in to Rs. 1,000.

In this case I got 30,000 Paytm CB points which are equivalent to Rs.300 ok, got it??

 

[Tejo]

See, I do not think there is any difference between Paid and Free E-Debit Card.

Cashback Credit time frame is 90 days.

So wait and watch.

I do not have E-Debit, Otherwise I would initiate another round of Treatment for Axis in case Axis do not give cashback for eligible txns just like I did for Axis Liberty Account 5% weekend Cashback.

I forgot that you are offline liberty holder.

This time, I will sue

 

[SSV]

First confirm from customer care team that you will get cb for virtual debit card or not.

Just now confirmed with AXIS CC,
For this Liberty Virtual debit Card the first transaction is eligible for 200 CB after 90 days.. This is what he confirmed.. This doesn't apply for monthly , it seems..

So, as it is my first transaction I WILL get 200 back (not THINKING).
From next month I might even pay for this edebit card if I have to, as I can recover within 3 months...

so my total retrun would still stand at 2.91%, Thanks again @VISHESH_BANSAL and @4uziaul
and thanks for you too @Tejo to get me to talk to AXIS support to confirm this ... All good...



BTW, I don't know what is this about replacement cost of Rs 100 for a Virtual Card??? Any ideas anyone??

 

[Deleted member 13721]

Just now confirmed with AXIS CC,
For this Liberty Virtual debit Card the first transaction is eligible for 200 CB after 90 days.. This is what he confirmed.. This doesn't apply for monthly , it seems..

So, as it is my first transaction I WILL get 200 back (not THINKING).
From next month I might even pay for this edebit card if I have to, as I can recover within 3 months...

so my total retrun would still stand at 2.91%, Thanks again @VISHESH_BANSAL and @4uziaul
and thanks for you too @Tejo to get me to talk to AXIS support to confirm this ... All good...



BTW, I don't what is this about replacement cost of Rs 100 for a Virtual Card??? Any ideas anyone??


View attachment 24651

Probably block and replacement of your E-Debit card.

 

[SSV]

Probably block and replacement of your E-Debit card.

SHould be..

 

[Deleted member 16965]

It seems that today is Liberty Day........ Paragon, Bata, Action, Lakhani, Bahamas are crying in the corner 🥲

 

[AritraSaha]

Yeah, if you want cb just pay the fees, contact cs

I think 500+90(not sure)

 

[SSV]

BTW, this AX*S guys are very cunning, it looks like... All the bonus rewards/CB they say they post after 90 days or 120 days.. so that everyone loses track of them... Very naughty... but I keep and eagle eye on everything..
I had FK CC for about 8 momths, as it is CB card they had to credit within next month.. I have to say they gave me back my CB even after FK card closure... I had to say they kept their word there even though it is only Rs46.. . Well done,

ABout Previlige account also, they are giving me that 5% CB on grabdeals correctly even though it is after 100 - 120 days later.. The accelerated Rewards are also getting posted afte about 90 - 120 days... lets see how it goes with LIberty account.. Even if they could not honor onn Virtual card Cb , that 750 @quarter is worth to keep Liberty account...

 

[Deleted member 2540]

I forgot that you are offline liberty holder.

This time, I will sue

You are not alone here

You have Your Army here.
@4uziaul @ashwink @S S V and many new comers also.

This time You guys have to do Gang Bang of Axis🤣 if E-Debit Cashback is not credited as per tncs.

 

[SSV]

You are not alone here

You have Your Army here.
@4uziaul @ashwink @SSV and many new comers also.

This time You guys have to do Gang Bang of Axis🤣 if E-Debit Cashback is not credited as per tncs.

I am waiting and first in the queue...


BTW, there are spaces in my name: S S V, it is not getting tagged properly...

 

[Deleted member 2540]

BTW, there are spaces in my name: S S V, it is not getting tagged properly...

Your username is embossed, that is why I ignored the spaces, thinking due to Embossed user name it is like that.

 

[SSV]

Your username is embossed, that is why I ignored the spaces, thinking due to Embossed user name it is like that.

Got it , because of that only I gave spaces, otherwise it was very illegible....

 

[Tejo]

Do you have early access ac?

What is the bin .. First 6 digits of e-debit card (virtual card)?

 

[AritraSaha]

Do you have early access ac?

What is the bin .. First 6 digits of e-debit card (virtual card)?

431731

 

[ashwinkashwink is verified member.]

409542 is my liberty virtual debit card bin.

 

[Tejo]

431731

Mine ... liberty online account.

My virtual debit card is online rewards (mentioned on axis site)

Bin : 409542 @ashwink I hope our bins are same.

* I'm saying e-debit card not applicable on liberty ac but Noone cared. No use of doing bill payments on this card.

 

[Tejo]

409542 is my liberty virtual debit card bin.

It has 500 grab deals voucher on milestone ... 1 lakh spending before anniversary.