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

---

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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/

 

[BhaiyaJi]

Same bhai. I think link pe hume check kar lena chahiye, mail nahi aayega humesha

Mail ko aane mai time lagta hai, yahan mostly sab direct link pe check karte hai.

 

[shivamk]

Update:

I loaded 100 into Groww app using UPI and asked Twitter support about its MCC. After 6 days, they replied which I forgot to see. Here is the reply in the screenshots.

View attachment 51103 View attachment 51104

6211 is in exclusions

 

[gowthamv]

Cred vs Mobikwik vs Park+ vs SBI Unipay..

Which one to choose for Credit Card Payment for the eligibility of Quarterly 750 voucher?

 

[Badshah]

Cred vs Mobikwik vs Park+ vs SBI Unipay..

Which one to choose for Credit Card Payment for the eligibility of Quarterly 750 voucher?

Park plus + SBI unipay + Freecharge
Using UPI

 

[telescope]

Update:

I loaded 100 into Groww app using UPI and asked Twitter support about its MCC. After 6 days, they replied which I forgot to see. Here is the reply in the screenshots.

View attachment 51103 View attachment 51104

Few weeks ago someone posted screenshot of axis reply that UPI doesn't have any MCC.

Now that they can find MCC for UPI, I think paying cc bill through UPI won't work.

@VISHESH_BANSAL , @varun__goel_ ,others,
Just to clarify and double confirm
" are all P2M UPI payments are eligible for quarterly benefit or are there any exclusions in upi payments also???
I will.just stop .using DC..

 

[Deleted member 2540]

Few weeks ago someone posted screenshot of axis reply that UPI doesn't have any MCC.

Now that they can find MCC for UPI, I think paying cc bill through UPI won't work.

@VISHESH_BANSAL , @varun__goel_ ,others,

Just to clarify and double confirm

" are all P2M UPI payments are eligible for quarterly benefit or are there any exclusions in upi payments also???

I will.just stop .using DC..

Use Parkplus/Freecharge if you want to Pay CC Bills via UPI

 

[telescope]

Use Parkplus/Freecharge if you want to Pay CC Bills via UPI

What's the mcc there?

 

[Deleted member 2540]

What's the mcc there?

Utility and Toll Tax

 

[Anil_SinghAnil_Singh is verified member.]

Few weeks ago someone posted screenshot of axis reply that UPI doesn't have any MCC.

Now that they can find MCC for UPI, I think paying cc bill through UPI won't work.

I doubt that. If they were able to find mcc then why were they giving 750 vouchers for me for loading Xtra for past 1 year? That also has same MCC. I think twitter team just sent me mcc of Groww merchant not the transaction.

 

[Deleted member 2540]

I doubt that. If they were able to find mcc then why were they giving 750 vouchers for me for loading Xtra for past 1 year? That also has same MCC. I think twitter team just sent me mcc of Groww merchant not the transaction.

Aree even if MCC is present in their systems, they Excluded only for DC txns🤣

They forgot UPI Txns too have MCC🤣

Next One or Two Quarter m Rectify kar dege jab dekhege Voucher outflow still Same hai🤣

 

[telescope]

UPI certainly has mcc, otherwise bhim app offer which was there in January February, was having offer for specific merchant categories

 

[Karan.]

Update:

I loaded 100 into Groww app using UPI and asked Twitter support about its MCC. After 6 days, they replied which I forgot to see. Here is the reply in the screenshots.

View attachment 51103 View attachment 51104

Thanks Bhai .

 

[imuntitled]

Next One or Two Quarter m Rectify kar dege jab dekhege Voucher outflow still Same hai🤣

phir kuch naya aa jaega 🤣

 

[phronimos]

Cred vs Mobikwik vs Park+ vs SBI Unipay..

Which one to choose for Credit Card Payment for the eligibility of Quarterly 750 voucher?

For me Park+ is only showing net banking for credit card bill payment. Are you able to do with other means?

 

[Phonix_YT]

Park plus + SBI unipay + Freecharge
Using UPI

Do we also get 5% cashback upto 500 for above transactions?

 

[Badshah]

Do we also get 5% cashback upto 500 for above transactions?

NO . . .

 

[Anil_SinghAnil_Singh is verified member.]

Aree even if MCC is present in their systems, they Excluded only for DC txns🤣

They forgot UPI Txns too have MCC🤣

Next One or Two Quarter m Rectify kar dege jab dekhege Voucher outflow still Same hai🤣

pelam peli chalu rakhna hai.. 😍

 

[kshitij_0]

Aree even if MCC is present in their systems, they Excluded only for DC txns🤣

They forgot UPI Txns too have MCC🤣

Next One or Two Quarter m Rectify kar dege jab dekhege Voucher outflow still Same hai🤣

DC trn pe nahi mil raha kya ab?
Mujhe idea nahi hai kyonki main bahut se mixed transaction karta hun

 

[Badshah]

DC trn pe nahi mil raha kya ab?
Mujhe idea nahi hai kyonki main bahut se mixed transaction karta hun

Mil raha hai but mcc ka lafda hai Dc se

 

[iamabhisekagar]

Request given to convert SBLBR to SBBSA