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Axis easy access digital saving account

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Sahil_07

Sahil_07

TF Ace
I am not seeing much discussion about Easy Access Digital savings acc..
Major benifits:
1. 1% cashback in all credit card bill payments upto 250 in a month
2. 10% cashback in Amazon and Flipkart via grab deal
3. Low AMB just 5k for semi urban and 2.5k for rural
4. No need to visit branch
5. No charge for virtual debit card
6. May be there is movie benifits in the virtual card (not sure)

So I think it is a good enough savings account,So want to hear experiences from them who are using this account
 
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Sahil_07 said:
Is not seeing much discussion about Easy Access Digital savings acc..
Major benifits:
1. 1% cashback in all credit card bill payments upto 250 in a month
2. 10% cashback in Amazon and Flipkart via grab deal
3. Low AMB just 5k for semi urban and 2.5k for rural
4. No need to visit branch
5. No charge for virtual debit card
6. May be there is movie benifits in the virtual card (not sure)

So I think it is a good enough savings account,So want to hear experiences from them who are using this account
Click to expand...
@SSV guide him, for🪓🪓 Easy Access Account.
 
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Sahil_07 said:
Is not seeing much discussion about Easy Access Digital savings acc..
Major benifits:
1. 1% cashback in all credit card bill payments upto 250 in a month
2. 10% cashback in Amazon and Flipkart via grab deal
3. Low AMB just 5k for semi urban and 2.5k for rural
4. No need to visit branch
5. No charge for virtual debit card
6. May be there is movie benifits in the virtual card (not sure)

So I think it is a good enough savings account,So want to hear experiences from them who are using this account
Click to expand...
There will be a reason when no one is talking about it...
just think..
 
Upvote 1 Downvote
Sahil_07 said:
Is not seeing much discussion about Easy Access Digital savings acc..
Major benifits:
1. 1% cashback in all credit card bill payments upto 250 in a month
2. 10% cashback in Amazon and Flipkart via grab deal
3. Low AMB just 5k for semi urban and 2.5k for rural
4. No need to visit branch
5. No charge for virtual debit card
6. May be there is movie benifits in the virtual card (not sure)

So I think it is a good enough savings account,So want to hear experiences from them who are using this account
Click to expand...
Well Yeah, it's a good account. But let me tell you some other things.

1. Axes 🪓 support team is worst.
2. No other issues, you are good to go.

Meanwhile, I have no idea about this variant and associated offers/cashback, I have SBLBR (Liberty Savings account) which is no brainer, one of the best. ₹250 p.m
 
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Anupama_Jha said:
Well Yeah, it's a good account. But let me tell you some other things.

1. Axes 🪓 support team is worst.
2. No other issues, you are good to go.

Meanwhile, I have no idea about this variant and associated offers/cashback, I have SBLBR (Liberty Savings account) which is no brainer, one of the best. ₹250 p.m
Click to expand...
The only account worth having with 🪓 is SBLBR.. that too it needs some careful navigation at times...
The less we talk about others the better it is for all our common good and mental health !!!
 
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It's a good enough account, only con being - if you open it online you will only be provided with option of rewards card which is 500+gst. ANd having DC is compulsory in axis.
PS - relevant discussion
Beyond

Post in thread 'Physical debit card for Axis Easy savings account'

jadoo3 said:
Are u happy with axis bank savings account and its services overall...lots of complaints regarding their consolidation charges.plannig to open an account
Click to expand...
Axis charges me for DC, from past 180 days I have not been charged for a single thing!
Axis is quite good, most of the complaints are regarding CC. (devaluation) But that too is subjective, on one hand we have icici whose card are almost worthless except lone star Amazon.
For me-
For banking services:
In pvt banks: HDFC=Axis>icici > Rest
PSU Banks: SBI >= BoB > Rest

*I live in...
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I opened digital easy acces savings account in this month. While checking the internet banking i could see some charges that will be going to deduct as shown in screenshot. It's required to keep the monthly average balance from next month onwards only. Then why these charges.??

Also why the mention the screenshot as charges for not maintaining avg balance will debit on April 2025. Does Feb 2025 balance debits in the very next month??
 

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mailmenow said:
I opened digital easy acces savings account in this month. While checking the internet banking i could see some charges that will be going to deduct as shown in screenshot. It's required to keep the monthly average balance from next month onwards only. Then why these charges.??

Also why the mention the screenshot as charges for not maintaining avg balance will debit on April 2025. Does Feb 2025 balance debits in the very next month??
Click to expand...
Charge for not maintaining min balance
 
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mailmenow said:
I opened digital easy acces savings account in this month. While checking the internet banking i could see some charges that will be going to deduct as shown in screenshot. It's required to keep the monthly average balance from next month onwards only. Then why these charges.??

Also why the mention the screenshot as charges for not maintaining avg balance will debit on April 2025.
Click to expand...

The second image clearly indicates that the charges are only estimated charges. If you maintain 1k (average) in Feb, and 9k in March, you'll not be charged (assuming your MAB is 5k).

You have to maintain MAB from this month, not from next month. If you are in doubt, always check with customer care. Mine is a very old account. I haven't seen charges in the past 3 quarters for unknown reason. Previously, I had to pay SMS charges, though. Never deactivated non-mandatory SMS. Axis is weird in multiple ways. You'll get used to. As long as Axis doesn't charge me, I am fine with Axis.

mailmenow said:
Does Feb 2025 balance debits in the very next month??
Click to expand...

No. Only in April.

Two consecutive months of non-maintenance of MAB will result in MAB charges. So, good for people who don't have regular income.
 
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Why
Mr. Bean said:
The second image clearly indicates that the charges are only estimated charges. If you maintain 1k (average) in Feb, and 9k in March, you'll not be charged (assuming your MAB is 5k).

You have to maintain MAB from this month, not from next month. If you are in doubt, always check with customer care. Mine is a very old account. I haven't seen charges in the past 3 quarters for unknown reason. Previously, I had to pay SMS charges, though. Never deactivated non-mandatory SMS. Axis is weird in multiple ways. You'll get used to. As long as Axis doesn't charge me, I am fine with Axis.



No. Only in April.

Two consecutive months of non-maintenance of MAB will result in MAB charges. So, good for people who don't have regular income.
Click to expand...
Why so?? Can you please explain with an example regarding the two consecutive months of non- maintenance
 
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Mr. Bean said:
The second image clearly indicates that the charges are only estimated charges. If you maintain 1k (average) in Feb, and 9k in March, you'll not be charged (assuming your MAB is 5k).

You have to maintain MAB from this month, not from next month. If you are in doubt, always check with customer care. Mine is a very old account. I haven't seen charges in the past 3 quarters for unknown reason. Previously, I had to pay SMS charges, though. Never deactivated non-mandatory SMS. Axis is weird in multiple ways. You'll get used to. As long as Axis doesn't charge me, I am fine with Axis.



No. Only in April.

Two consecutive months of non-maintenance of MAB will result in MAB charges. So, good for people who don't have regular income.
Click to expand...
My account opened in this month on 6th. Executive told me this month is a grace period I don't need to keep avg balance this month. In mobile banking also this month showing as "NA" not NiLL. So on 8th i deposited 5000 again along with 590 rupees. So why should I want to deposit again as 1000 in Feb and 9k in March ?? I didn't understand that calculation showing in app
 
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mailmenow said:
Executive told me this month is a grace period I don't need to keep avg balance this month.
Click to expand...

Executives are always right. So, please just follow his / her guidelines. I never worked for Axis. So, my understanding could be wrong.

mailmenow said:
So why should I want to deposit again as 1000 in Feb and 9k in March ??
Click to expand...

I just gave an example. Unfortunately, I can't have explained it any better.
 
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