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

---

---

★ 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/-

---

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/

 

[Pikachu.]

SMS charges katne ke 1 - 2 din mai aajayega😆😆

8 mahine ho gaye account open kiye aaj tak 1 bhi baar SMS charge nhi kata. Aisa kyu 🤔

 

[Aniket]

8 mahine ho gaye account open kiye aaj tak 1 bhi baar SMS charge nhi kata. Aisa kyu 🤔

Acha hai nahi kata toh 🤭

Dar lagta hai aapke mein se kaatne ko 😛

 

[varun__goel_]

8 mahine ho gaye account open kiye aaj tak 1 bhi baar SMS charge nhi kata. Aisa kyu 🤔

Glitch hai inka, kuch accounts mai nhi deduct krte

 

[SSV]

Glitch hai inka, kuch accounts mai nhi deduct krte

8 mahine ho gaye account open kiye aaj tak 1 bhi baar SMS charge nhi kata. Aisa kyu 🤔

Same here ... NO miscellaneous / consolidated / or whatever charges whastso ever in almost 9 months to date..

Probabaly because I am maintaining 25K MAB.. I thought so until now..

 

[Aniket]

8 mahine ho gaye account open kiye aaj tak 1 bhi baar SMS charge nhi kata. Aisa kyu 🤔

Glitch hai inka, kuch accounts mai nhi deduct krte

Same here ... NO miscellaneous / consolidated / or whatever charges whostso ever in almost 9 months to date..

Probabaly because I am maintaining 25K MAB.. I thought so until now..

Kisi roz pura hisab karke ek hi baar na kaat le 🤣

 

[Pikachu.]

Probabaly because I am maintaining 25K MAB.. I thought so until now..

I am not maintaining in any of the four accounts which i am operating but still no charges in any one of them.

 

[SSV]

Same here ... NO miscellaneous / consolidated / or whatever charges whostso ever in almost 9 months to date..

Probabaly because I am maintaining 25K MAB.. I thought so until now..

I am not maintaining in any of the four accounts which i am operating but still no charges in any one of them.

that is why I said UNTIL NOW...

good to know that it has nothing to do with MAB

 

[Karan.]

Kisi roz pura hisab karke ek hi baar na kaat le 🤣

Charges kaatne ke liye
Account hona bhi toh chahiye

Aap bhi Liberty Holder hogye kya

 

[akilmds]

Axis Liberty Savings Account is the Best Savings for those who can

Spend 10,000 INR Per month On Food, Entertainment, Shopping and Travel via Axis Liberty Debit Card
and
Spend 15,000 INR Per Month at any Merchant ** via UPI or Axis Liberty Debit Card.

If we Fulfill Above Spending Criteria We get following Benifits in return with Maximized Savings:-

■
A Zero Balance Account.

Condition:-
Merchant Spends** of 25k/Month is required to get NMC Waiver for that Particular Month.

■
A Voucher of 750 INR per Quarter.

Condition:-
Merchant Spends** of 60k/Quarter is Required.

Redemption Link:- https://www.gyftr.com/rewards/axisbankspendscampaign/

■
5% upto 500 INR Cashback Per Month.

For Birthday Month Cashback Amount is 5% upto 1,000 INR.

View attachment 42002

Condition:-
● Spends* Done at Selected Merchant Categories mentioned above will only be Considered.
●Txns Done on Saturday and Sunday will only be Considered.


Redemption can be done Only Via Internet Banking 👇

Menu-Services-Other-Debit Card Cashback

*Find Eligible MCCs for Weekend 5% Cashback at Below Link* 👇

https://www.axisbank.com/docs/default-source/default-document-library/liberty-cashback-tnc.pdf

■
One Domestic Lounge Access Per Quarter.

■
** Find Excluded Spends/MCCs for NMC waiver and 750 GV at Below Link** 👇

https://www.axisbank.com/docs/default-source/default-document-library/liberty-savings-account-lifestyle-benefits-terms-and-conditions.pdf

Note:- Now, You can Open Liberty Account Digitally and You will get a Virtual Debit Card as well along with the Physical Liberty Debit Card.

But Beware, the Virtual Debit Card issued with Digital Axis Liberty Account is not an E-debit Card which is issued by Axis Bank with other Digital Account Variants.

OVERALL Benifits
1000*01
500*11
750*04

Total- 9,500 INR.

Consolidated Charges:-

1. Sms Charges:- 17.7*4
Total 71 INR (including GST)

2. Liberty Debit Card Annual Fee:-
354 INR (including GST)

Net Annual Savings:-9,075 INR

My Citibank account has been recently migrated to Axis Liberty Saving account. I need your help in the following.
1. For Merchant Spends of 25k/Month for NMC Waiver - Do they consider a. Zerodha UPI payment b. Credit card bill payment via UPI in CRED, c. Mutual Fund payments in Coin ?
2. For 5% (Rs. 500) CB per month , weekend spends - Do they consider a. Zerodha UPI payment b. Credit card bill payment via UPI in CRED, c. Mutual Fund payments in Coin ?
3. For 60K spend per quarter - Do they consider a. Zerodha UPI payment b. Credit card bill payment via UPI in CRED, c. Mutual Fund payments in Coin ?

 

[Deleted member 18439]

My Citibank account has been recently migrated to Axis Liberty Saving account. I need your help in the following.
1. For Merchant Spends of 25k/Month for NMC Waiver - Do they consider a. Zerodha UPI payment b. Credit card bill payment via UPI in CRED, c. Mutual Fund payments in Coin ?
2. For 5% (Rs. 500) CB per month , weekend spends - Do they consider a. Zerodha UPI payment b. Credit card bill payment via UPI in CRED, c. Mutual Fund payments in Coin ?
3. For 60K spend per quarter - Do they consider a. Zerodha UPI payment b. Credit card bill payment via UPI in CRED, c. Mutual Fund payments in Coin ?

1. All of the above
2. None of the above
3. All of the above

 

[Pikachu.]

2. For 5% (Rs. 500) CB per month , weekend spends - Do they consider a. Zerodha UPI payment b. Credit card bill payment via UPI in CRED, c. Mutual Fund payments in Coin ?

UPI Spends won't work for Weekend Cashback. You have to use Liberty DC. At least read the terms and conditions carefully.

Open Liberty Savings Account with Higher Transaction Limits - Axis Bank

Open an Axis Bank Liberty Savings Account now and enjoy 24/7 banking, higher transaction limits, cashback debit card, preferential pricing and other great benefits.

www.axisbank.com

 

[theflash]

I had this account initially then I upgraded to Priority Family Banking. Now my question is can I reopen this while keeping my priority acct active?

 

[Pikachu.]

I had this account initially then I upgraded to Priority Family Banking. Now my question is can I reopen this while keeping my priority acct active?

Liberty variant is totally useless. You won't get any benefit from it. You should continue with Priority. (SARCASM)

 

[theflash]

Liberty variant is totally useless. You won't get any benefit from it. You should continue with Priority.

IG 750/60k quarter is still active no?

 

[Badshah]

IG 600/quarter is still active no?

750 per quarter 😅

 

[SureShot]

Liberty variant is totally useless. You won't get any benefit from it. You should continue with Priority.

276 pages in this thread for an useless Liberty account 😁

 

[SSV]

Liberty variant is totally useless. You won't get any benefit from it. You should continue with Priority.

Would love to get educated about Priority account from you , just in case we are missing out on anything for what its worth considering its eligibility criteria.
Thank you

 

[theflash]

It's just nothing u get LTF DC that's it nothing else.

 

[theflash]

If only my family would've been maintaining 10L then could get Burgundy and maybe might get some good use then.

 

[abhiram3443]

No. Only Netbanking
Netbanking》Menu Bar Top left》Services》Others》Debit Card Cashback.

Thanku @VISHESH_BANSAL Just redeemed June month 500 RS cashback(Bought 10k Apay GV from Amazon on June 30 at 23:59:34 hrs)