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/

 

[Parallaxhal]

Avoid Mobikwik and Payzapp as they are tagging 6012 mcc which is in exclusion list now. Check exclusion list provided here what mcc are excluded now.

I don't use those 2 apps anyway. I use HDFC billpay for non HDFC cards and cred for HDFC cards. But I think I'm just going to close this account. Too much hassle. And it's only been a week since I opened. So, no charges for closing account.

 

[Rohith-2009]

I don't use those 2 apps anyway. I use HDFC billpay for non HDFC cards and cred for HDFC cards. But I think I'm just going to close this account. Too much hassle. And it's only been a week since I opened. So, no charges for closing account.

Are you referring to the liberty account. Closing that account is not a good idea. You just have to spend 25k per month to make it zero balance plus you'll get 750 quarterly voucher too.

 

[Parallaxhal]

Are you referring to the liberty account. Closing that account is not a good idea. You just have to spend 25k per month to make it zero balance plus you'll get 750 quarterly voucher too.

If I can keep it. I'd prefer to keep it. But all the spending/major spending on this account would be for Credit Card Payment. And If that is not counted towards the 25k monthly spend, then it loses its purpose for me.

 

[SSV]

If I can keep it. I'd prefer to keep it. But all the spending/major spending on this account would be for Credit Card Payment

CC payment counts for spend criteria

 

[Rohith-2009]

If I can keep it. I'd prefer to keep it. But all the spending/major spending on this account would be for Credit Card Payment. And If that is not counted towards the 25k monthly spend, then it loses its purpose for me.

it's counted. I think on any app

 

[varun__goel_]

If I can keep it. I'd prefer to keep it. But all the spending/major spending on this account would be for Credit Card Payment. And If that is not counted towards the 25k monthly spend, then it loses its purpose for me.

Just pay via SBI Unipay/Park Plus

Paytm and mobikwik MCC are excluded

 

[Parallaxhal]

Guess I'll keep the account. Thanks guys

 

[𝙇.𝐊. 𝐓𝗶𝘄𝗮𝗿𝗶 :)]

Just pay via SBI Unipay/Park Plus

Paytm and mobikwik MCC are excluded

Can we use sbi unipay without a account in sbi..? And can you please share the link....

 

[NShah]

Can we use sbi unipay without a account in sbi..? And can you please share the link....

https://customer.sbiunipay.sbi/CustomerPortal/quickPay . . .

 

[telescope]

Just pay via SBI Unipay/Park Plus

Paytm and mobikwik MCC are excluded

how much time it takes for parkplus to settle bills to hdfc? I didn't get bbps reference number, instead just park+ order no.

 

[NShah]

how much time it takes for parkplus to settle bills to hdfc? I didn't get bbps reference number, instead just park+ order no.

3 working days

 

[varun__goel_]

3 working days

Did a payment for HDFC CC on 7th March. Not credited till now🤡

 

[NShah]

Did a payment for HDFC CC on 7th March. Not credited till now🤡

Working/Business days 🤭

 

[telescope]

Working/Business days 🤭

original payment day will be considered?

 

[kushhh]

Did a payment for HDFC CC on 7th March. Not credited till now🤡

Same, Mera toh aaj due date bhi hai💀

 

[kushhh]

Hdfc vaale late fees refund kar dete hain?

 

[NShah]

original payment day will be considered?

Y e s

 

[Deleted member 2540]

Did a payment for HDFC CC on 7th March. Not credited till now🤡

Waise aaj Spend based offers bejhe hai HDFC ne😈

25k pe 750 GV on Millennia DC.


25k pe 500 Neu coins on Tata Neu Plus.

 

[Shubham Yadav]

Need suggestions...

Majority of the members are present here, so posting in this thread rather than creating one.


Due to obvious TF Community effect and chull😂, I opened a lot of accounts for very little benefits and have already closed few of them.

As of now I hold:-
HDFC Classic Banking, SBI, IDFC Future First, Kotak 811, Axis Liberty & BOB

Now after piling up these accs, I have decided to close a few of them. SBI & HDFC are permanent ones so won't be closing them.

IDFC has no benefit other than 0 charges and 0 mab. Services are good. Was thinking of Axis but their changing tncs🤯. Service were decent enough.

Now suggest what others should I close. Want to keep these accs for long term usage and benefits. Want to reduce the accs to 3 or max 4

Sab rakhe raho abhi rupay platinum offer k renewal ki picture clear hone do

 

[Shubham Yadav]

Waise aaj Spend based offers bejhe hai HDFC ne😈

25k pe 750 GV on Millennia DC.


25k pe 500 Neu coins on Tata Neu Plus.

HopelessDFC toh mere piche loan ka offer betaal ki tarah mere gaale mai latkaya h

Picha hi nhi chod raha h