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/

 

[AlphaCAT]

Appka logic jada sahi hai...

Wait karte hai

Hi, we and sincerely regret for the inconvenience caused to you. We understand that you are not able to redeem the cashback through Internet Banking. The communication for the same is already shared. However, please note that 5% cashback processing for the month of August under process and the same will be completed in 6-7 working days. We trust this clarifies. Regards, Team Axis Bank. (Yesterday, 8:36 PM)

 

[Badshah]

Hi, we and sincerely regret for the inconvenience caused to you. We understand that you are not able to redeem the cashback through Internet Banking. The communication for the same is already shared. However, please note that 5% cashback processing for the month of August under process and the same will be completed in 6-7 working days. We trust this clarifies. Regards, Team Axis Bank. (Yesterday, 8:36 PM)

Bhai kaha spend Kiya tha 5% cashback ke liye 😁

 

[AlphaCAT]

Bhai kaha spend Kiya tha 5% cashback ke liye 😁

Phonepe ka GC purchase kara tha . 5% cashback is applicable for Gift cards and then Snapay se khud ko pay kara tha . 3.5% ka margin plus milestone bhi complete !!

 

[AlphaCAT]

Bhai kaha spend Kiya tha 5% cashback ke liye 😁

Also kuuch shopping spends were on Snitch and Bewakoof ..

 

[Badshah]

Phonepe ka GC purchase kara tha . 5% cashback is applicable for Gift cards and then Snapay se khud ko pay kara tha . 3.5% ka margin plus milestone bhi complete !!

GC kaha se purchase Kiya tha

 

[AlphaCAT]

GC kaha se purchase Kiya tha

PhonePe se direct .

 

[Tejo]

PhonePe se direct .

Mcc?

 

[AlgoTrader]

Sorry for asking if it is already answered ,is paying credit card bill through it's debit card still counted as 25k mab balance if yes through which platform i should pay bill. Please kindly answer if anyone know this

Any benefits or rewards for doing this?

 

[samm255]

Snapay se khud ko pay kara tha

Snapay mcc is utility, are you sure you got cb for this?

 

[Tejo]

For buying phonepe gv with liberty dc give 5%cb ... gift shop mcc

Snapay to convert gv to bank.

@samm255

 

[AlphaCAT]

For buying phonepe gv with liberty dc give 5%cb ... gift shop mcc

Snapay to convert gv to bank.

@samm255

Also , if u have merchant account which accepts GC, then u will incur less charges as wallets are only applicable in Same Day, Instant and T+1 modes .

 

[AlphaCAT]

Mcc?

Axis CC is horrible . They have no clue about MCC, whatsoever . Axis customer care is even worst than SBI, I think . Bloody illiterate ppl having no clue and confidently giving misinformation !!

 

[AlphaCAT]

Mcc?

@VISHESH_BANSAL bhai ji pata lagwaiye zara !! Aap ko toh jaankari hogi iski !!

 

[gowthamv]

For buying phonepe gv with liberty dc give 5%cb ... gift shop mcc

Snapay to convert gv to bank.

@samm255

Offtopic:

Can PhonePe GVs be used to pay CC bills in Phonepe?

 

[AlphaCAT]

Offtopic:

Can PhonePe GVs be used to pay CC bills in Phonepe?

No . GV can't even be used for insurance , FASTAG or purchase of any other GC .

 

[Deleted member 2540]

@VISHESH_BANSAL bhai ji pata lagwaiye zara !! Aap ko toh jaankari hogi iski !!

axis money manager kya show kar raha hai ?

wahi kaafi hai.
MCC ka kya karna.

 

[SSV]

Guys..
For those who are interested in ... Voucher Week is live on GRABDEALS until 25th Sep... i.e. extra 5% Cash Back on GV's on top of usual discount using AXIS CC and DC....
Enjoy...





Sadly, Swiggy GV is at 2.5% off only, it used to be 7.5% off...

 

[sousnake]

Guys..
For those who are interested in ... Voucher Week is live on GRABDEALS until 25th Sep... i.e. extra 5% Cash Back on GV's on top of usual discount using AXIS CC and DC....
Enjoy...

View attachment 30127



Sadly, Swiggy GV is at 2.5% off only, it used to be 7.5% off...

Yeah, saw it but there is no T&C attached. Is it on all credit cards? Should I use Flipkart or Axis Select.
Just want to be sure because dealing with axis in case of issues is very painful. They just don't understand there own offers.

 

[krishc]

Guys..
For those who are interested in ... Voucher Week is live on GRABDEALS until 25th Sep... i.e. extra 5% Cash Back on GV's on top of usual discount using AXIS CC and DC....
Enjoy...

View attachment 30127



Sadly, Swiggy GV is at 2.5% off only, it used to be 7.5% off...

Just curious about one scenario !
If I buy Zomato GV using Liberty DC on weekend , will I get 6% normal woohoo discount + 5% GrabDeals Cashback + 5% Liberty FEST weekend cashback?

 

[SSV]

Yeah, saw it but there is no T&C attached. Is it on all credit cards? Should I use Flipkart or Axis Select.
Just want to be sure because dealing with axis in case of issues is very painful. They just don't understand there own offers.

Both will work...
Most of the CCs and DCs are eligible...
Until now, KIWI card is the one not eligible to my knowledge..