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Axis Bank Liberty Savings Account Benefits

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The first post in this thread is a WikiPost, and can be edited by anyone with the appropriate permissions.
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.

Screenshot_2024-02-02-21-29-44-415-edit_com.google.android.gm.jpg

★ Conditions:-

**Check the list of eligible MCCs for the Weekend 5% Cashback at the link below.** 👇

^Check the list of excluded spends/MCCs for the NMC waiver at the link below.^ 👇


Screenshot 2025-10-21 114516.webp


★ 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/
 
Last edited by 6ix9ine:
Q2. I think not all P2M transactions are eligible for gift card benefit. I have not received it this time. I added money to kotak 811 account using upi . It was P2M only
Were you charged with non-maintenance fee? Or you maintained sufficient average balance in account?
 
I don't know. No need to worry about it, because, Axis is open from heart but closed from mind. So, axis can't track MCC of any upi payments. So all P2M UPI transaction works. Enjoy until the day axis opens up their mind and understand that UPI also has mcc.
It's not working for broker payments anymore. Atleast with zerodha
 
Members
1.Does Amazon wallet loading, fund addition to zerodha /groww considered for spent base AMB waiver?
2.Does is mandatory to carry UPI transaction via axis mobile app for merchant payments or can we use other apps like credit,payzapp,Navi etc....
 
Add funds in indie bank ACCOUNT?
Doesn't count .

EDIT: Wrong info.. Corrected by the Master of SBLBR .. @varun__goel_
P2m transaction doesn't count?

@varun__goel_ told me that funding indie account would suffice the voucher 🥲
I actually am not sure.. if this particular transaction qualifies or not..
as I never had experience with this type of transaction..
Experience only matters in these kind of things..
Wait for a while ..for confirmation .

Seems indie loads are now not counted.
@yb24 ,
Have you got your Quarterly voucher of 750 for your Indie account funding transanctions??
 
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