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]

Sorry if this question has been asked before, but I have read up to page 15, rest is pending.

I haven't found what I needed yet.
Is there any way someone has discovered to pay credit card bills to get a 5% up to 500 in a month?

• directly through a Debit card (PayTM/Mobikwik/Park+) or
• indirectly by loading funds into any wallet and then making the payment from that wallet to the credit card bill on Saturdays and Sundays

The breakeven point to consider between getting the Liberty account versus getting the Savings Max account from HDFC is that 5% , if there is a way.

Please let us know Albert Einstein. a.k.a @CAKARANBATRA , when you find it 😉

 

[Karan.]

Please let us know Albert Einstein. a.k.a @CAKARANBATRA , when you find it 😉

Sorry, bro, if I asked a noob question. I didn't need a headache to open a new account with Axis if it wasn't useful for my needs

 

[SSV]

Sorry, bro, if I asked a noob question. I didn't need a headache to open a new account with Axis if it wasn't useful for my needs

No worries mate…
Please read the very first post carefully

CB has two components

1)
5% CB on some qualified MCC spends only during weekends, like food, entertainment etc..

2)
Your CC bill payments come under total spends of 60k during a financial quarter which gives you ₹750 GV after the quarter

Enjoy

 

[Karan.]

No worries mate…
Please read the very first post carefully

CB has two components

1)
5% CB on some qualified MCC spends only during weekends, like food, entertainment etc..

2)
Your CC bill payments come under total spends of 60k during a financial quarter which gives you ₹750 GV after the quarter

Enjoy

Thanks bro, Your earlier posts really helped

 

[MangoRush]

Damn, cashback page is under maintenance 🤢 who does this on a working day

 

[Tejo]

5% up to 500 in a month.

Go through whole thread, there's still 5% working trick .... more than 1 ...😅

Might even AI can't filter the thread. 🤣

 

[telescope]

Sorry if this question has been asked before, but I have read up to page 15, rest is pending.

I haven't found what I needed yet.
Is there any way someone has discovered to pay credit card bills to get a 5% up to 500 in a month, Any MCC that works in that pdf to pay CC bills?

• directly through Debit card (PayTM/Mobikwik/Park+) or
• indirectly by loading funds into any wallet and then making the payment from that wallet to the credit card bill on Saturdays and Sundays

Not possible that way

 

[Karan.]

Not possible that way

Thanks, bro. Wouldn't waste any time on this

 

[0xpratyush]

Bhai 20 hogya ab to, kab aaega 750 gv isbaar

 

[varun__goel_]

Bhai 20 hogya ab to, kab aaega 750 gv isbaar

. . .

 

[Apurvsahilz]

Sorry, bro, if I asked a noob question. I didn't need a headache to open a new account with Axis if it wasn't useful for my needs

It will take one night stand and all benefits will be evaporated in no time once axis shows his true color of devaluation

 

[MangoRush]

anyone able to redeem, page still down for me

 

[imdjay]

have not received the quarterly 750rs. voucher yet.

Also, I see POS decline charges. My card was declined due to insufficient balance while doing an online txn, but not on POS. I don't think they should charge this. Contacted the Customer care team, and they asked to visit the branch for reversal. Will give a call to my RM tomorrow.

 

[ashwinkashwink is verified member.]

have not received the quarterly 750rs. voucher yet.

Also, I see POS decline charges. My card was declined due to insufficient balance while doing an online txn, but not on POS. I don't think they should charge this. Contacted the Customer care team, and they asked to visit the branch for reversal. Will give a call to my RM tomorrow.

Even online txn declined they will charge 😐

 

[varun__goel_]

have not received the quarterly 750rs. voucher yet.

Also, I see POS decline charges. My card was declined due to insufficient balance while doing an online txn, but not on POS. I don't think they should charge this. Contacted the Customer care team, and they asked to visit the branch for reversal. Will give a call to my RM tomorrow.

No one has recd the voucher.

How much have they charged for this. My card was also declined a month back for online txn due to insufficient funds but wasn't charged...

 

[imdjay]

No one has recd the voucher.

How much have they charged for this. My card was also declined a month back for online txn due to insufficient funds but wasn't charged...

Mine was declined 2 times in the last 2 months. and got 59rs. charged now. Decline Charges are 25rs. each transaction + 18% GST.

 

[imdjay]

Even online txn declined they will charge 😐

By rule, they should not.

 

[ashwinkashwink is verified member.]

No one has recd the voucher.

How much have they charged for this. My card was also declined a month back for online txn due to insufficient funds but wasn't charged...

It will not be charged immediately but by layer on they will deduct it

 

[SSV]

It will not be charged immediately but by layer on they will deduct it

Why are you taking away fun from him now itself??

 

[varun__goel_]

For now I have been charged Rs 7 for SMSs🙂