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/

 

[kshitij_0]

Liberty DC se 5% nikalne ka best method?

 

[hellobois]

Liberty DC se 5% nikalne ka best method?

Agar aapke account me 10000 hain to ATM jake liberty DC use kar ke 500 nikal lena.
Ho gya 5% , simple haiiiiii 😜😜
Sometimes we complicate simple things.
Just like this one 😁😁

 

[indubhimsen]

Agar aapke account me 10000 hain to ATM jake liberty DC use kar ke 500 nikal lena.
Ho gya 5% , simple haiiiiii 😜😜
Sometimes we complicate simple things.
Just like this one 😁😁

On which sites is 5% cashback available and after how many days is it credited? How will we know that we have received cashback?

 

[prash1161]

ye acc lene ka kuch fayada h kya ?
181 page padhne ki himmat nhi h

 

[SSV]

ye acc lene ka kuch fayada h kya ?
181 page padhne ki himmat nhi h

Then don’t read all the pages, just take the account if you believe in TF community..

 

[prash1161]

Then don’t read all the pages, just take the account if you believe in TF community..

so spend on dc works via wallet load like sign+?
/

 

[telescope]

so spend on dc works via wallet load like sign+?
/

Yes but not recommended though, because you know it's axis

 

[prash1161]

Yes but not recommended though, because you know it's axis

bro like if axis is not charging more than reward is gooood
so should i take?
i don't have any bills to pay

 

[SSV]

bro like if axis is not charging more than reward is gooood
so should i take?
i don't have any bills to pay

Okay, if you can't read 181 pages .. read this

Open Liberty Savings Account with Higher Transaction Limits | Axis Bank

Open Liberty Savings Account now and enjoy 24/7 banking, higher transaction limits, cashback debit card, preferential pricing and other great benefits with Axis Bank

www.axisbank.com

 

[prash1161]

Okay, if you can't read 181 pages .. read this

Open Liberty Savings Account with Higher Transaction Limits | Axis Bank

Open Liberty Savings Account now and enjoy 24/7 banking, higher transaction limits, cashback debit card, preferential pricing and other great benefits with Axis Bank

www.axisbank.com

so mere kam ka nhi h thanks

 

[telescope]

bro like if axis is not charging more than reward is gooood
so should i take?
i don't have any bills to pay

If you don't have any bills to pay, and all your existing spends are covered by cc with better reward rate, then you may skip this account

 

[SSV]

so mere kam ka nhi h thanks

🤣 🤣 same here ... thanks 😉😉

 

[prash1161]

🤣 🤣 same here ... thanks 😉😉

yes i can just rotate money, spends alrdy bahut hora aur nhi ho payega

 

[hellobois]

On which sites is 5% cashback available and after how many days is it credited? How will we know that we have received cashback?

Weekend entertainment, clothing, dining.
In short - Ameer logo ke chochle ...
Aur agar aap Ameer hain to 5% ke piche ni bhagoge.
Second in short - ye card na Ameer logo ke liye hai na gareeb logo ke liye .... 😁😁

 

[MangoRush]

People get the card first and then ask here how to use it 🙂

 

[prash1161]

People get the card first and then ask here how to use it 🙂

I did some research
And it's purely for axis lover nothing else

 

[hellobois]

People get the card first and then ask here how to use it 🙂

Angrezon ne eske liye hi ek word banaya hai - FOMO.

 

[samm255]

I complaint to PNO with statement screenshot after X support denied me Voucher and wait to see what they have to say,

Update by PNO:
We would like to inform you that we checked all the transactions made by you in the last quarter and observed that the transactions are excluded from Liberty spends calculation as the transaction is not categorized as a merchant payment i.e. (MCC code 6012 - Payment to financial institution).

For your reference:

17-10-2023 ECOM PUR/IndusInd Bank/Mumbai/171023/13:45 INR 1,000.00
19-10-2023 ECOM PUR/IndusInd Bank/Mumbai/191023/01:39 INR 20,000.00
19-10-2023 ECOM PUR/IndusInd Bank/Mumbai/191023/16:43 INR 24,000.00
01-12-2023 ECOM PUR/IndusInd Bank/Mumbai/011223/23:18 INR 19,000.00
02-12-2023 ECOM PUR/IndusInd Bank/Mumbai/021223/01:28 INR 6,000.00

@VISHESH_BANSAL @Tejo

 

[Deleted member 2540]

Update by PNO:
We would like to inform you that we checked all the transactions made by you in the last quarter and observed that the transactions are excluded from Liberty spends calculation as the transaction is not categorized as a merchant payment i.e. (MCC code 6012 - Payment to financial institution).

For your reference:

17-10-2023 ECOM PUR/IndusInd Bank/Mumbai/171023/13:45 INR 1,000.00
19-10-2023 ECOM PUR/IndusInd Bank/Mumbai/191023/01:39 INR 20,000.00
19-10-2023 ECOM PUR/IndusInd Bank/Mumbai/191023/16:43 INR 24,000.00
01-12-2023 ECOM PUR/IndusInd Bank/Mumbai/011223/23:18 INR 19,000.00
02-12-2023 ECOM PUR/IndusInd Bank/Mumbai/021223/01:28 INR 6,000.00

@VISHESH_BANSAL @Tejo

If they are not consdering 6012 as Valid Spends then most likely Wallet Load(6540) and CC Bills via Paytm (6051) will also be excluded.

 

[varun__goel_]

If they are not consdering 6012 as Valid Spends then most likely Wallet Load(6540) and CC Bills via Paytm (6051) will also be excluded.

Time to close liberty is here☠️