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/

 

[varun__goel_]

AU LIT hai. Jab se yeh Approve hua hai Cashback SBI dhuul chaat raha hai Drawer m😂

AU ka to approval hi mushkil hai🫠

Bina verification ke dena nhi inhone card😂

 

[iamabhisekagar]

AU Spont CC bhi acha nikala h

 

[sm9811911]

Yes and AU ke chamatkari CC se liya toh 9% milega

5499 pe yes reserv deta h 5x?

 

[Deleted member 2540]

5499 pe yes reserv deta h 5x?

No. Here is the List of Eligible MCCs👇

You can try to Buy Pineperks on Amazon to get MCC 5699 merchant name🤣



Thread 'Yes Reserve 5X eligible mcc' https://www.technofino.in/community/threads/yes-reserve-5x-eligible-mcc.23108/

 

[sm9811911]

No. Here is the List of Eligible MCCs👇

You can try to Buy Pineperks on Amazon to get MCC 5699 merchant name🤣



Thread 'Yes Reserve 5X eligible mcc' https://www.technofino.in/community/threads/yes-reserve-5x-eligible-mcc.23108/

That why I was surprised. Which yes card gives 9% on magicpin?

 

[Deleted member 2540]

That why I was surprised. Which yes card gives 9% on magicpin?

That Yes means "Haa" not Yes Bank🤣
I wrote it for AU only🤣

 

[nirmalya]

I already Mentioned if you want to Pay CC Bills then Use Freecharge/Parkplus.

If you want to use Cred, then its better to Load any Demat Account🤣

Cred/Demat/Account Funding etc.... comes under MCCs excluded for DC Txns.

Last time Axis exlcuded MCCs without any formal Notification, Axis can do the same Once Again that too overnight🤣.

In Freecharge, I am not able to add my liberty a/c, my other axis a/c is getting added. In park plus, I am not able to add credit card it is showing something went wrong. Are the cc bill payments done via UPI in Cheq/Amazon Pay/Paytm/Phone Pe/Gpay not eligible? What other options we have?
What is the MCC for P2M UPI transactions in Cred?

 

[Badshah]

In Freecharge, I am not able to add my liberty a/c, my other axis a/c is getting added. In park plus, I am not able to add credit card it is showing something went wrong. Are the cc bill payments done via UPI in Cheq/Amazon Pay/Paytm/Phone Pe/Gpay not eligible? What other options we have?
What is the MCC for P2M UPI transactions in Cred?

Parkplus Amazon sbiunipay

 

[sm9811911]

That Yes means "Haa" not Yes Bank🤣
I wrote it for AU only🤣

Chalo fir theek hai.

 

[Anil_SinghAnil_Singh is verified member.]

Your A/c XXXXXX may have low balance in Apr24. Pls maintain balance in May24 to avoid charges. You have an option to convert your existing Savings A/c to Basic Savings A/c with limited features subject to eligibility. Visit website/Internet Banking/Axis Bank branch for details. Ignore if A/c is funded.

 

[varun__goel_]

Your A/c XXXXXX may have low balance in Apr24. Pls maintain balance in May24 to avoid charges. You have an option to convert your existing Savings A/c to Basic Savings A/c with limited features subject to eligibility. Visit website/Internet Banking/Axis Bank branch for details. Ignore if A/c is funded.

Mujhe bhi abhi aaya

Jabki mne to 26k daal rkhe hai 2 Apr se🤣

 

[sm9811911]

Mujhe bhi abhi aaya

Jabki mne to 26k daal rkhe hai 2 Apr se🤣

Same here : have more than required mab.. It fell below for few days though

 

[Anil_SinghAnil_Singh is verified member.]

Mujhe bhi abhi aaya

Jabki mne to 26k daal rkhe hai 2 Apr se🤣

Account downgrade karwane ka method thoda casual hai.

 

[varun__goel_]

Same here : have more than required mab.. It fell below for few days though

Matlab fokat ka message bhj rhe hai

Iske to 25p nhi katenge na?🤣🤣

 

[varun__goel_]

Account downgrade karwane ka method thoda casual hai.

Ye to msg mujhe har mahine aata tha jab spend based nmc waiver le rha tha. Yab to smjh aata tha

Lekin ab bhj rhe hai to aisa lg rha hai ki saare customers ko hi fwd krdete hai irrespective of balance🤣🤣

 

[Badshah]

Your A/c XXXXXX may have low balance in Apr24. Pls maintain balance in May24 to avoid charges. You have an option to convert your existing Savings A/c to Basic Savings A/c with limited features subject to eligibility. Visit website/Internet Banking/Axis Bank branch for details. Ignore if A/c is funded.

Mujhe bhi aaya hai . . .

 

[Anil_SinghAnil_Singh is verified member.]

Mujhe bhi aaya hai . . .

Congratulations.. you are also one among us who successfully wasted Axis 25ps 🤣🤣 A token of appreciation from Axis 😂😂

 

[ashwinkashwink is verified member.]

Mujhe bhi aaya hai . . .

Me too 😛😂🤣

 

[shutapdiya]

Me too 😛😂🤣

+1 . .

 

[iamabhisekagar]

Mujhe to nhi aya...🤔