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/

 

[SSV]

🔔
Infact, Axis is giving more than 500 Cashback

when Axis gives Cashback manually they consider the cap of 500.

Their automatic system is not considering Cap of 500.

Next time will do a big Txn.

In july I did 10,001 Axis Credited exact 5% i.e, 500.05, hence Automatic system is not considering Capping of 500

I too got one time form HDFC Platinum DC more than 750 per month i.e. 750.01 .. It currenlty is 634.01 (.01 carried from 750.01)
I think they might be checking until 751 or 501 in this case...

 

[SSV]

I too got one time form HDFC Platinum DC more than 750 per month i.e. 750.01 .. It currenlty is 634.01 (.01 carried from 750.01)
I think they might be checking until 751 or 501 in this case...

View attachment 27456

I actually did another payment of 12 k from the same card..let us see where it stops..

 

[SSV]

I too got one time form HDFC Platinum DC more than 750 per month i.e. 750.01 .. It currenlty is 634.01 (.01 carried from 750.01)
I think they might be checking until 751 or 501 in this case...

View attachment 27456

I actually did another payment of 12 k from the same card..let us see where it stops..

@VISHESH_BANSAL
They have now rounded to 750 and removed. 01 now, even though I paid a bit more

 

[snjn]

Visited local Axis branch for liberty account. Employee saying that they can open Prestige account with initial funding 75K and 25K MAB.
Should I take it? Or liberty is better?

 

[Deleted member 13721]

Visited local Axis branch for liberty account. Employee saying that they can open Prestige account with initial funding 75K and 25K MAB.
Should I take it? Or liberty is better?

Liberty is always better. You can find your answer in the dedicated thread.

 

[Shubham Yadav]

Visited local Axis branch for liberty account. Employee saying that they can open Prestige account with initial funding 75K and 25K MAB.
Should I take it? Or liberty is better?

Why visit ? open account online

 

[varun__goel_]

Hey @S S V , can you check if you are able to update mobile number via mobilebanking? For me it's throwing an error that your request can't be processed digitally.

 

[SSV]

Hey @S S V , can you check if you are able to update mobile number via mobilebanking? For me it's throwing an error that your request can't be processed digitally.

Same here , can't process digitally , contact nearest branch

 

[varun__goel_]

Same here , can't process digitally , contact nearest branch

Okay, thanks👍

 

[Tejo]

Okay, thanks👍

With the debit card can't you people change at atm ? Else axis atm unavailable for you ?

 

[varun__goel_]

With the debit card can't you people change at atm ? Else axis atm unavailable for you ?

No Axis ATM nearby.

 

[ashwinkashwink is verified member.]

No Axis ATM nearby.

You are opened account without having nearest branch 🫡

 

[Badshah]

Visited local Axis branch for liberty account. Employee saying that they can open Prestige account with initial funding 75K and 25K MAB.
Should I take it? Or liberty is better?

I opened liberty saving account yesterday with initial funding 5250 rs and account activate within 3 hour .Offline account opening takes 2 to 3days and higher initial funding .

 

[Badshah]

You are opened account without having nearest branch 🫡

my nearest axis branch is 50 km away from my hometown 😁

 

[varun__goel_]

You are opened account without having nearest branch 🫡

It's around 6-7kms away, and I am lazy AF to visit🫠

 

[Deleted member 2540]

It's around 6-7kms away, and I am lazy AF to visit🫠

Would you travel 6KMs on your foot ??

You must be using atleast a Two wheeler ?

Two wheeler operate karne m bhi Lazy AF ?

 

[Badshah]

@VISHESH_BANSAL apka Jo axis liberty saving account PE jo thread hai usko pura 1 to 90 something page Tak read Kiya uske baad account open Kiya. Thanks.

 

[snjn]

I opened liberty saving account yesterday with initial funding 5250 rs and account activate within 3 hour .Offline account opening takes 2 to 3days and higher initial funding .

They are not allowing me to open online as earlier closed Axis account in 2020 after 3 years relationship. 😂😂

 

[varun__goel_]

Do you travel 6KMs on your foot ??
You must be using atleast a Two wheeler ?

Two wheeler operate karne m bhi Lazy AF ?

I am a very lazy person, don't even want to go outside home🤣🤣. Will do when my college starts, as branch is next to it 🙂

 

[Badshah]

They are not allowing me to open online as earlier closed Axis account in 2020 after 3 years relationship. 😂😂

Then you have to go branch.