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/

 

[Badshah]

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?

If eligible mcc code tag
Net banking>Services>Other>Debit card cashback

 

[sums]

If eligible mcc code tag
Net banking>Services>Other>Debit card cashback

it shows only for september month.

 

[shutapdiya]

it shows only for september month.

Likely indigo might have reported some mcc which is excluded

@VISHESH_BANSAL whats your take on this?

 

[Badshah]

it shows only for september month.

not eligible for cashback

 

[SSV]

If eligible mcc code tag
Net banking>Services>Other>Debit card cashback

How many days are allowed to redeem this?

 

[Badshah]

How many days are allowed to redeem this?

3 months ..?

 

[Deleted member 2540]

Likely indigo might have reported some mcc which is excluded

@VISHESH_BANSAL whats your take on this?

Travel Agency and Tour Operator wali MCC exclude kar rakhi hai Axis ne🤣

Indiogo Airlines MCC use nhi kar raha hoga. Travel Agency wali tag ki hogi


Ola-Uber jo ki Commute MCC hai, isko Travel smjh ke Include kar rakha hai🤣

Aur jo travel MCC m se ek hai usko exclude kardiya🤣

@sums Money Manager m kya category show ho rahi hai ?

 

[SSV]

3 months ..

Actaully I didn't know this, I have Sepetember row like this

 

[SSV]

Actaully I didn't know this, I have Sepetember row like this

View attachment 32927

I opened my account in mid July.. so I must not have missed anything..
I learnt a new thing today.. Thanks

 

[Badshah]

I opened my account in mid July.. so I must not have missed anything..
I learnt a new thing today.. Thanks

I opened last week of August 😉

 

[Shubham Yadav]

I opened my account in mid July.. so I must not have missed anything..
I learnt a new thing today.. Thanks

I opened last week of August 😉

Congratulations . .

 

[sums]

Travel Agency and Tour Operator wali MCC exclude kar rakhi hai Axis ne🤣

Indiogo Airlines MCC use nhi kar raha hoga. Travel Agency wali tag ki hogi


Ola-Uber jo ki Commute MCC hai, isko Travel smjh ke Include kar rakha hai🤣

Aur jo travel MCC m se ek hai usko exclude kardiya🤣

@sums Money Manager m kya category show ho rahi hai ?

Travels & Tours.

 

[Rohith-2009]

I. Opened my account in Dec 2022

 

[Deleted member 2540]

Travels & Tours.

That is why , No Cashback Received for this Txn.

 

[MangoRush]

Actaully I didn't know this, I have Sepetember row like this

View attachment 32927

how do you navigate to here ?

I haven't received the quarter cashback of 750 Rs
And got only 250 Rs instead of 500 for 5% cashback.

Have pinged them in Twitter and raised a ticket.

 

[SSV]

how do you navigate to here ?

I haven't received the quarter cashback of 750 Rs
And got only 250 Rs instead of 500 for 5% cashback.

Have pinged them in Twitter and raised a ticket.

 

[SSV]

haven't received the quarter cashback of 750 Rs

for this:

Axis Bank : Home

www.gyftr.com

 

[SSV]

how do you navigate to here ?

I haven't received the quarter cashback of 750 Rs
And got only 250 Rs instead of 500 for 5% cashback.

Have pinged them in Twitter and raised a ticket.

View attachment 32933



View attachment 32934

Almost instant credit as well...

 

[cooldude74]

Guys,

I finally received the SBLBR Welcome Kit with the DC bearing a 421006 BIN that has a mention of LIBERTY on the top right corner.

Please do confirm if this is the accurate BIN for availing the weekend Cashback feature and I would truly appreciate if you could also share any tweaks/tricks to avail this CB, possibly through DM in case not openly.

Secondly, I read through the threads that the spends on the E-Debit does not qualify the above Weekend Cashback feature. Just wanted to confirm this too.

Now, although the SBLBR account is all set up, my ordeal with Axis seems far from over.

1. I initially wanted to convert my SBEASY account to SBLBR. But instead of upgrading SBEASY, Axis "took the liberty" of offering me a second Savings Account - SBLBR. Now I'm stuck with 2 Axis Savings Accounts.

2. Given the quarterly benefits of SBLBR, I'm thinking of upgrading the SBEASY to SBLBR in offline mode now but I doubt if that is possible. But with Axis offering me 2 SB accounts, I'm guessing Axis may pleasantly surprise me again.

3. Next, my original mobile number of SBEASY got automatically changed to the Aadhaar-linked mobile number. Now the Savings Account and the Axis CC accounts show 2 different numbers. Hope this does not become a hassle to revert it back through the ATM.

Please do share your thoughts.

 

[Deleted member 13721]

Liberty correct BIN

E-Debit useless 🤭