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/

 

[Anil_SinghAnil_Singh is verified member.]

Thanks for enlightenment..didn't know this before.

They introduced these terms recently. A blockade for cashback card application.

 

[krishc]

Card variant ?

A*is l*c signature

 

[hks789]

Off-topic but asking in this thread since A*is related only!

In new CC application, do axis ask for fresh kyc even for existing customers (have both savings account + credit card ) ??
btw applied via cashkaro

They did an offline kyc verification for me.
Already have Magnus, Atlas and SB acc.

This is the first time Axis did this in my case.
Never had offline kyc or verification for any of my 18 CCs I had taken in the past(including other banks).

 

[hks789]

Cashkaro does't reward for existing customers. I saw that rule while applying, so didn't proceed with SBI Cashback application. What should I do as an existing Axis and SBI customer?

They do.
I got for SBI, Axis and IDFC (Existing customer)
Not sure if it was a glitch

 

[Anil_SinghAnil_Singh is verified member.]

They do.
I got for SBI, Axis and IDFC (Existing customer)
Not sure if it was a glitch

Was there any such terms while you applied?

 

[SSV]

They did an offline kyc verification for me.
Already have Magnus, Atlas and SB acc.

This is the first time Axis did this in my case.
Never had offline kyc or verification for any of my 18 CCs I had taken in the past(including other banks).

So history was written by Axis in your CC journey

 

[hks789]

Was there any such terms while you applied?

To be honest, I didn't check tnc that time.
Thought it was a bonus if they credits.

For idfc the redirection from cashkaro was not working. After entering phone otp idfc was throwing some error.

So I opened a new tab and applied directly from idfc website.
Cashkaro a week later gave the bonus eventhough I didn't use their referral.
Not sure how they works.
For axis they show exact application ID on details.

 

[kishorvr]

They don't give that 5% weekend.... Multiple people have confirmed here on this forum.... But yes they do give quaterly spend benefits...

U can also fulfill the criteria by transferring money to your own paytm/phone merchant account... Or by adding money in paytm wallet using liberty debit card... Or by adding money uaing axis netbanking /debit card in kotak 811/indusind bank

Or by UPIing to your own other bank accounts?

 

[telescope]

Or by UPIing to your own other bank accounts?

That's P2P transaction, doesn't work. Only P2M

 

[doraemon]

I want to know whether we can do 25k add money in kotak 811 in one shot per month for nmc waiver and qtr voucher?

 

[Anil_SinghAnil_Singh is verified member.]

I want to know whether we can do 25k add money in kotak 811 in one shot per month for nmc waiver and qtr voucher?

I don't know if that still works but you can add only 20k/day in kotak 811 using debit card.

 

[varun__goel_]

I want to know whether we can do 25k add money in kotak 811 in one shot per month for nmc waiver and qtr voucher?

You can but won't recommend. It is counted as wallet load. Axis being notorious can step back any time. This will also lead to devaluation. Baaki aapki marzi🙂

 

[Anil_SinghAnil_Singh is verified member.]

I want to know whether we can do 25k add money in kotak 811 in one shot per month for nmc waiver and qtr voucher?

Let me make things simple for you. Add money to Mobikwik Xtra and take out entire money with interest after 2 days.

 

[doraemon]

I don't know if that still works but you can add only 20k/day in kotak 811 using debit card.

Koi nahi mai 2 din Mai karlunga 😄

 

[iamabhisekagar]

Kisi ko 750 Mila kya?

 

[varun__goel_]

Kisi ko 750 Mila kya?

N o o

 

[TheTrickySid]

Kisi ko 750 Mila kya?

 

[varun__goel_]

 

[Deleted member 2540]

View attachment 41079

 

[TheTrickySid]

View attachment 41085

Ye hamen hai yaqeen, bevafa vo nahin
Phir vajah kya hui, intazaar ki🤔🤔🤔