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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:
But they only specified this for 750 quarterly voucher.
c) Banking Privileges:
Flexibility to spend of Rs. 25,000 or maintain Rs. 25,000
• Get a waiver on your minimum balance requirement by spending Rs. 25,000 per month
through your account.

d) Gift Voucher (Quarterly):
Spend Rs. 60,000^ and above in a quarter to enjoy a gift voucher worth Rs. 750 of your choice. Gift
voucher available for Amazon Pay, Croma, Lifestyle, Ola, Spencer’s and many more. One voucher per
financial quarter for primary account holder. Assuming customer gets 2 gift vouchers in a year.
Savings of Rs. 1,500 per year.
Eligible customers will receive an email from axisbankspends@gyftr.com to claim and redeem the
voucher.


^ Only successful merchant transactions will be considered and reversals on any transactions will not be
considered as successful merchant transactions. ATM transactions or withdrawals will not be considered under
successful debit card transactions.



Focus on up arrow(^) after 60,000 and restriction is placed on this part only.
 
Hello everyone,

We are currently having prime family banking in axis and maintaining 25K in one account only from last 5 years. Is there any Family Banking facility available for Liberty accounts also?

I'm willing to upgrade the scheme code to Liberty if it's possible, one more question is - Can we still open SBPRM (Prime) savings account in Axis?
 
Hello everyone,

We are currently having prime family banking in axis and maintaining 25K in one account only from last 5 years. Is there any Family Banking facility available for Liberty accounts also?

I'm willing to upgrade the scheme code to Liberty if it's possible, one more question is - Can we still open SBPRM (Prime) savings account in Axis?
Yes
Yes
No
 
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