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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:
Ok thanks for the info...!!
and how to use wallet amount??
Reload your Wallet from ebixcash website and then use their ebixcash bhim UPI app and transfer the amount to your account.
Daily limit 5k
Monthly limit 1.5l
Yearly limit 6l.
Dm me if you need more info
You need to do full kyc via video call to be able to transfer the amount
 
Does utility bill payment via Amazon or gift card purchase count for the 5% cashback?
Also, does buying gift cards from travel sites like Intermiles or airline sites count as travel 5%?
 
Last edited:
Reload your Wallet from ebixcash website and then use their ebixcash bhim UPI app and transfer the amount to your account.
Daily limit 5k
Monthly limit 1.5l
Yearly limit 6l.
Dm me if you need more info
You need to do full kyc via video call to be able to transfer the amount
Is it safe? App review is very bad
 
Since Canara Setu mcc comes under departmental stores, anyone tried Liberty DC weekend cashback offer?
 
Canara Setu is 5311 right? 5311 is not included in the eligible MCC list for Liberty DC weekend cashback offer.
Yeah asking same, since departmental MCC is not excluded from cashback earning category!! But only four mcc are listed in pdf, excluding 5311

Don't think anyone will confirm, need to do self. @Abhishek012 5311 hai ya 5331
 
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