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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:
Thanks for the headsup. But facing issue in redemption. Tried 500 and 250 amazon gv. There was error saying not able to redeem for 500. Didn't get voucher but the balance shown in gyftr site is 0. Anyone faced similar issue ? Thanks
I faced the same with Kotak.
kotak sent me GV and when I redeemed, I got the same error.

So, I contacted GYFTR via Twitter and they manually sent the GV to my registered E-Mail.
 
Thanks for the headsup. But facing issue in redemption. Tried 500 and 250 amazon gv. There was error saying not able to redeem for 500. Didn't get voucher but the balance shown in gyftr site is 0. Anyone faced similar issue ? Thanks
The voucher value should be 750 in gyftr then only you can redeem it. I think they didn't credit the voucher for you
 
I too now, got the OTP after entering mobile no , instead of previous error.. I will wait until I receive email or sms notification..
Thanks for letting me know
Received the email... so it took sweet 3 days to get email notification after the GV is made available.. I haven't redeemed it yet. I will now...

1697706187188.png
 
I had booked flight via indigo worth 10190/- on 20th august (i.e. sunday) via liberty debit card,
so will I get cashback for that if yes then where can I get that?
 
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