Axis Bank Liberty Savings Account Benefits

[VISHESH_BANSAL]

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.



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

 

[4uziaul]

How do I send Axis MD Or Nodal emails directly ? Want to close/ convert Myzone into ltf . Need a Service Request for contacting nodal and do not want to waste time with other lower-level axis ******

Amitabh.chaudhry@axisbank.com

pno@axisbank.com

 

[MangoRush]

25k spends per month to avoid MAB i.e., 75k per quarter which gives 750 Rs which is 1%.

So, the good part is the additional offer of 5% per month on weekend spends up-to 500 p.m.
A-Pay voucher work ? Which is the easiest and confirmed way ?

 

[CyberPsych]

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 Internet Banking 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 at any Merchant is required to get NMC Waiver for that Particular Month.

■
A Voucher of 750 INR per Quarter.

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

■
5% upto 500 INR Cashback Per Month.

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

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

■
One Domestic Lounge Access Per Quarter.


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

If I have this account idle with ₹25,000 and above for all 365 days, will I be charged only the 71+354 annually?

 

[varun__goel_]

If I have this account idle with ₹25,000 and above for all 365 days, will I be charged only the 71+354 annually?

Yes, but keep a thousand or two above min bal as charges will reduce the bal and then mab charges

 

[4uziaul]

If I have this account idle with ₹25,000 and above for all 365 days, will I be charged only the 71+354 annually?

I am really curious how do you come up with such interesting questions? 🤣

 

[Shubham Yadav]

I am really curious how do you come up with such interesting questions? 🤣

From the AXIS hidden very top secret file Tnc

Ssshh No one know

 

[VISHESH_BANSAL]

If I have this account idle with ₹25,000 and above for all 365 days, will I be charged only the 71+354 annually?

If, You are planning to keep minimum balance idle then keep Rs.25,354 idle.

And every year within first week of Account opening month, fund it with Rs. 354 .

 

[varun__goel_]

Phir to dc bhi block krdo, agr idle hi rkhna h, kyu axshit ko faltu ke 354 dene🙂

 

[VISHESH_BANSAL]

Phir to dc bhi block krdo, agr idle hi rkhna h, kyu axshit ko faltu ke 354 dene🙂

Uske paise, woh jis marzi ko donate kare 😂

Aise customers ki waja se toh 5% chal raha hai abhi tak.

Nhi toh Axis ne dam thod diya hota😂

 

[Shubham Yadav]

Uske paise, woh jis marzi ko donate kare 😂

Aise customers ki waja se toh 5% chal raha hai abhi tak.

Nhi toh Axis ne dam thod diya hota😂

 

[varun__goel_]

Uske paise, woh jis marzi ko donate kare 😂

Aise customers ki waja se toh 5% chal raha hai abhi tak.

Nhi toh Axis ne dam thod diya hota😂

 

[CyberPsych]

I am really curious how do you come up with such interesting questions? 🤣

Necessity is the mother of invention 🤣

The only reason I want an Axis bank savings account is to get Ace card. It is already ₹499 joining and ₹499 annual. If I get charged more by the account, then I'm spending over the expected limit. For the spendings listed in the first post, I have other bank CC to cover. And I read many posts that Axis looting customer through hidden charges.

Since GPay is asking me to apply through axis website because I have an existing relationship with Axis, instead of creating new savings account, I will just divorce them by closing FK Axis and wait for some months to apply Ace as a fresh customer. I don't know if they will still consider me as an Ex-customer (with history) and decline 🤣

 

[CyberPsych]

Yes, but keep a thousand or two above min bal as charges will reduce the bal and then mab charges

If, You are planning to keep minimum balance idle then keep Rs.25,354 idle.

And every year within first week of Account opening month, fund it with Rs. 354 .

I will keep 26000 if I decide to create one

 

[iamabhisekagar]

If, You are planning to keep minimum balance idle then keep Rs.25,354 idle.

And every year within first week of Account opening month, fund it with Rs. 354 .

Bank interest milega usse hi fund hojaayega DC Charges

 

[ashwinkashwink is verified member.]

Bank interest milega usse hi fund hojaayega DC Charges

Consolidated Charges were also debit for free 😜😂🤣

 

[iamabhisekagar]

Consolidated Charges were also debit for free 😜😂🤣

Wo bhi cover hojaayega...waise bhi agar axis me account khuwaye ho to bamboo krna to padega hi

 

[MangoRush]

I received the Welcome Kit, any idea when we'll get the Liberty debit card ?
I had to open the account offline as I had a closed Axis account and not allowing online opening for another one.

 

[iamabhisekagar]

I received the Welcome Kit, any idea when we'll get the Liberty debit card ?
I had to open the account offline as I had a closed Axis account and not allowing online opening for another one.

Around 10 days for the account to get active and DC dispatch

 

[MangoRush]

Account was active after two days itself, applied ACE and got it as well.
Now waiting for DC 🤢
Had some weekend purchases planned, guess have to wait till next week

 

[CyberPsych]

Account was active after two days itself, applied ACE and got it as well.
Now waiting for DC 🤢
Had some weekend purchases planned, guess have to wait till next week

How long should we wait if we want to close the liberty account?