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/

 

[Shin-Chan]

Does credit card bill payment in SBI UNIPAY via liberty debit card count for 750 voucher ? The transaction remark is showing as "ECOM PUR/SBIUNIPAYDBCa/Mumbai/...".

yes it does

 

[pratikjain4]

So, cred payments or Zerodha Add Fund transactions are no more eligible for 750 voucher? They were eligible earlier, for sure.

 

[Deleted member 18439]

So, cred payments or Zerodha Add Fund transactions are no more eligible for 750 voucher? They were eligible earlier, for sure.

 

[arpit10082]

Where is counting for NMC waiver and for 750 voucher

 

[qf037x42v]

So, cred payments or Zerodha Add Fund transactions are no more eligible for 750 voucher? They were eligible earlier, for sure.

Zerodha add worked till last quarter. looks like its not working anymore

 

[Wealth is my birth right!]

Zerodha add worked till last quarter. looks like its not working anymore

am a user of zerodha
any option to load trading acc from cc?

 

[qf037x42v]

am a user of zerodha
any option to load trading acc from cc?

not gonna happen

 

[arpit10082]

Where I need to spend to waive NMC

 

[cardy]

Where I need to spend to waive NMC

That's the main question for now

 

[tharun]

As of today(27/July/2024) what tricks works to qualify
1. Waving of NMC
2. Getting quarterly voucher of 750
3. Where to shop to get 5percent cb(please don't say amazon or Flipkart)

A.does adding to trading account via axis upi
B.using cred or sbiunipay to pay cc via UPI or DC

@TechnoFino Please consider to create a new subthread is there are any changes to rules so that it will be in parts and new user or user who haven't visited in long time gets the point rather than going through 200 pages

 

[Shubham Yadav]

As of today(27/July/2024) what tricks works to qualify
1. Waving of NMC
2. Getting quarterly voucher of 750
3. Where to shop to get 5percent cb(please don't say amazon or Flipkart)

A.does adding to trading account via axis upi
B.using cred or sbiunipay to pay cc via UPI or DC

@TechnoFino Please consider to create a new subthread is there are any changes to rules so that it will be in parts and new user or user who haven't visited in long time gets the point rather than going through 200 pages

No need to create a new thread vishesh bansal will update 1st post in line of recent changes whenever he thinks fit.

 

[SSV]

No need to create a new thread vishesh bansal will update 1st post in line of recent changes whenever he thinks fit.

Please unblock your profile page so that we can give you rating !!😉

 

[Shubham Yadav]

Please unblock your profile page so that we can give you rating !!😉

It's not locked

Let me recheck

 

[Shubham Yadav]

@SSV I dropped the idea of getting amex after weighing pro and cons

 

[SSV]

@SSV I dropped the idea of getting amex after weighing pro and cons

okay .. sure.. whatever suits you ..
I have changed the description of my rating..
Have fun !!

 

[tharun]

No need to create a new thread vishesh bansal will update 1st post in line of recent changes whenever he thinks fit.

I understand that op/moderator changes the main post if changes are made by axis

Iam asking about using loopholes like using cred or using zerodha for quarterly spend or to wavie NMC according to axis cc repaymentor wallet add are not considered for monthly spend however some people claim they have the benefit by doing add money or paying cc bills

Also iam not asking them to make a new one rather iam asking @TechnoFino to makes changes so that thread can be in parts so new users or user who open occasionally can ignore few parts and watch newer parts

 

[ashwinkashwink is verified member.]

I understand that op/moderator changes the main post if changes are made by axis

Iam asking about using loopholes like using cred or using zerodha for quarterly spend or to wavie NMC according to axis cc repaymentor wallet add are not considered for monthly spend however some people claim they have the benefit by doing add money or paying cc bills

Also iam not asking them to make a new one rather iam asking @TechnoFino to makes changes so that thread can be in parts so new users or user who open occasionally can ignore few parts and watch newer parts

We acknowledged your feedback.

 

[varun__goel_]

I understand that op/moderator changes the main post if changes are made by axis

Iam asking about using loopholes like using cred or using zerodha for quarterly spend or to wavie NMC according to axis cc repaymentor wallet add are not considered for monthly spend however some people claim they have the benefit by doing add money or paying cc bills

Also iam not asking them to make a new one rather iam asking @TechnoFino to makes changes so that thread can be in parts so new users or user who open occasionally can ignore few parts and watch newer parts

Just wait, there's still no official confirmation from bank for exclusion of specific UPI spends.

 

[BhaiyaJi]

I just received voucher for using only on CRED via UPI.

 

[𝙇.𝐊. 𝐓𝗶𝘄𝗮𝗿𝗶 :)]

Just Received MY Voucher Today.💸🎉

Everything is working just like before, No exclusions guys..😜