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/

 

[Deleted member 2540]

Yes mandatory. As per RBI rules any change in product must be communicated at least 30 calendar days before implementing.

For Credit/Debit Cards I think.

Not Savings Account .

 

[SSV]

SO This Statment is just Miscommunication

It is not miscommunication, it is a deliberate attempt to support their misdeed , because it went to back end team and they clearly provided a rule in writing which doesn’t exist at all

 

[varun__goel_]

Enough guys, I think we have wasted a lot of time behind something that doesn't deserve our attention😂

Let's end this debate

 

[telescope]

Enough guys, I think we have wasted a lot of time behind something that doesn't deserve our attention😂

Let's end this debate

Agreed. Let's stop it here.

If axis is dilse, then I am also kasamse never to use or recommend their savings product to anyone.

 

[telescope]

This is what I am saying.. they just change and update somewhere in their website.. people like us have time and knowledge to go and find the changed rules..
Meanwhile majority of typical customers get charged and these charges will run into crores ..

Regarding mandatory or not, I don’t know about RBI guidelines… Assume it is not mandatory, this is how axis does their business and increase their revenue and hence I am not in favour of recommending their products to any normal customer…

There should be some professional etiquette every organisation that need to be maintained..
Any governing body can’t mandate every single piece of conducting their activities

+ 1 .

 

[SSV]

I am using this Account from Last 3-4 Years and Never maintained MAB till Dec'23 and never got charged for NON MAINTAINCE

@VISHESH_BANSAL bhai, you are an exception..
You follow their product religiously and follow the MCCs as well .. not even product team will know as much as you..
I am talking about 90% of customer base who are not much into these banking products technicalities…

Banking and customer relationship should be
1) Very simple to understand and maintain
2) Have faith and be consistent
3) should be long lasting
4) transparent and respectable
Etc etc
You can rate where Axis stands in these kinds of criteria

 

[SSV]

Okay we all agree to stop this conversation here..
It’s 2 am ..
Good night everyone

 

[plastikman]

Chill guys AND

 

[samm255]

I've drained my account now and left them 22paisa tip. If they give quarterly GV next month then it is okay if not that is also okay but I am not goin to continue with this account anymore. I won't even bother to visit to branch to close the account.

 

[varun__goel_]

Slowly getting to know why everyone hate Axis😂

I activated my card with help of flipkart and enabled online txn, but when making payment it gives error that contact details are not updated🤡. Saath hi JF bhi lga di😂. Itni kya jldi h bhyi

 

[𝙇.𝐊. 𝐓𝗶𝘄𝗮𝗿𝗶 :)]

Bill payment offers By Chu*xis bank..- All details here:- https://www.axisbank.com/make-payme...EZupr3C_I5J5SWLdiPcMyoGWyZUy-J2svNVU5pT4m_doP

 

[sm9811911]

Bill payment offers By Chu*xis bank..- All details here:- https://www.axisbank.com/make-payme...EZupr3C_I5J5SWLdiPcMyoGWyZUy-J2svNVU5pT4m_doP

Thanks for sharing. Instant cb. Worth the time.

 

[V4Vkaas]

Chuxis never gives LTF as pre-approved offers

I got Flipkart Axis LTF.

 

[𝙇.𝐊. 𝐓𝗶𝘄𝗮𝗿𝗶 :)]

I got Flipkart Axis LTF.

How to get, can you please guide...

I'm also seeing Axis Flipkart in my pre-approved offers...how can I get it as LTF.

 

[V4Vkaas]

How to get, can you please guide...

I'm also seeing Axis Flipkart in my pre-approved offers...how can I get it as LTF.

I kept getting emails and calls for the paid Myzone, but I just ignored them. Then, after a month, I received a call from Axis Bank for a pre-approved offer for LTF Flipkart Axis card. Skeptical, I brushed it off as a sales tactic. However, the next day, when I checked the app, I found offers for not only the LTF FK Axis card but also for the Ace, Myzone, and Neo. Given my heavy usage of Flipkart, I went ahead with FK Axis.

When it comes to Axis, you never know what to expect. It does things without much rhyme or reason. If they had offered me the Ace paid version, I would've applied for it.

However, since Myzone became useless after its devaluation, I chose to wait for a better offer and ended up with the LTF FK Axis.

 

[Badshah]

Slowly getting to know why everyone hate Axis😂

I activated my card with help of flipkart and enabled online txn, but when making payment it gives error that contact details are not updated🤡. Saath hi JF bhi lga di😂. Itni kya jldi h bhyi

Approved hua myzone ltf ? 🤭

 

[BeingIncogBeingIncog is verified member.]

Approved hua myzone ltf ? 🤭

Amxis keemp remjecting carmds

 

[Badshah]

Amxis keemp remjecting carmds

Sabhi ka yehi rona hai
Rejection reason pata Kiya ?

 

[BeingIncogBeingIncog is verified member.]

Sabhi ka yehi rona hai
Rejection reason pata Kiya ?

noi noi, bhaad mein jayein amxis

 

[Badshah]

noi noi, bhaad mein jayein amxis

Abhi approved ho rahe hai
Try kar sakte ho higher income mention karo cc application mein ya fir axis ka koi bhi premium cc apply karo
Account hai ??