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.

---

★ 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

---

---

★ 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/

 

[Harsha896]

I opened liberty account in october and spent 60k in last quarter but didnt receive any mail from axis and when i put my number in the link, it says i am not eligible for this promotion. Anything i am missing which i am not aware?

 

[Iam₹K$]

I opened liberty account in october and spent 60k in last quarter but didnt receive any mail from axis and when i put my number in the link, it says i am not eligible for this promotion. Anything i am missing which i am not aware?

My friend opened on 22nd dec 2023, did merchant transaction (P2M) of 60k, received 750 voucher on 30th Jan.

 

[SSV]

My friend opened on 22nd dec 2023, did merchant transaction (P2M) of 60k, received 750 voucher on 30th Jan.

Very good
This how it should work and it worked

 

[SSV]

I opened liberty account in october and spent 60k in last quarter but didnt receive any mail from axis and when i put my number in the link, it says i am not eligible for this promotion. Anything i am missing which i am not aware?

What kind-of spends? How did you pay for transactions.? Any net banking transactions?
Did you cross 60 k or exactly 60 k?
So many details missing

 

[Piyush_]

Hello guys 👋..
I have Axis bank liberty savings account with an above 1.5 lakh balance... Using it from last 4 month but still axis bank can't get me pre-approved Credit card offer.... I also make a transaction through there liberty debit card and from upi... Using it as an primary account....

I want to change this account ownership.... Because this was my Dad account... And also there occupation is self employed... Is occupation and age, effects in delay for pre-approved offer...

Also if I want to upgrade this account to prestige account.... Then what about my previous 4 month transaction is they counted as same as liberty account... Or it will delete all previous history?

 

[Piyush_]

Yes, you'll get pre-approved offers. Do you have any axis cc?

No not any pre-approved offer or also not having any Axis credit card

 

[Iam₹K$]

No not any pre-approved offer or also not having any Axis credit card

Try to get axis Flipkart or neo, by applying online, after three months you will get pre-approved offers in the app

 

[Harsha896]

What kind-of spends? How did you pay for transactions.? Any net banking transactions?
Did you cross 60 k or exactly 60 k?
So many details missing

I did cc bill payments on cheq and did slightly greater than 60k in multiple transactions in oct and nov. Didn't do any transaction in December after that

 

[SSV]

I did cc bill payments on cheq and did slightly greater than 60k in multiple transactions in oct and nov. Didn't do any transaction in December after that

used UPI / DC ? .. in either case, they should count ..

 

[Harsha896]

used UPI / DC ? .. in either case, they should count ..

Used both for different transactions

 

[SSV]

Used both for different transactions

If it crosses 60K using DC/UPI for P2M transactions then it should count..
all of us are getting voucher without any fault..
list down here all your transaction descriptions for us to have a look .

 

[Harsha896]

If it crosses 60K using DC/UPI for P2M transactions then it should count..
all of us are getting voucher without any fault..
list down here all your transaction descriptions for us to have a look .

Sorry, I just had a look at the detailed statement, p2m transactions are adding up only 58k.. somehow I thought I completed the milestone and didn't bother about in december 😞. Should have taken a look at statement before assuming. Will take care from this quarter!

 

[SSV]

Sorry, I just had a look at the detailed statement, p2m transactions are adding up only 58k.. somehow I thought I completed the milestone and didn't bother about in december 😞. Should have taken a look at statement before assuming. Will take care from this quarter!

I thought so, there was some mis interpretation from your side.. as this voucher generation is completely automated with simple logic..
Hence ,I do 65 to 70K transactions a quarter just to be on safer side.

Now, see what happened for 2K short fall, 750 Gone..
you want to maximise the return rate, while doing so, you got 0 return rate..
Anyway next time, make sure you cross the P2M transactions 60K compfortably with some margin..

 

[manikanta5858]

For weekend cashback 5% can i make payment with debi card from online purchase is eligible for cashback

 

[sm9811911]

For weekend cashback 5% can i make payment with debi card from online purchase is eligible for cashback

Y e s

 

[Badshah]

For weekend cashback 5% can i make payment with debi card from online purchase is eligible for cashback

Eligible MCC code required for weekend cashback

 

[sm9811911]

Eligible MCC code required for weekend cashback

Ye kya pdf bheji. Usse seedha trick btao

 

[Badshah]

Ye kya pdf bheji. Usse seedha trick btao

 

[Tejo]

Ye kya pdf bheji. Usse seedha trick btao

(Partial step 1 of the trick 1) Purchase anything from flipkart, amazon, neu etc 🤣 .... Plus .........................

(If you really TF pro member you can know the next step)

 

[samm255]

u can add money in kotak 811 account or fi money account

Well, they didn't consider IndusInd add fund as merchant transaction so I am not eligible for voucher. So I would suggest to avoid this.