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

 

[NShah]

So i am in the process of selecting the account as i want pre approved cc offers and axis keeps declining all my cc applications. What I meant to ask was, are all transactions considered for the 25k expenditure threshold? Like suppose if I load wallet of paytm, amazon/ do upi spends/ use axid debit card on cheq for cc bill payment etc. all this will be considered for 25k expenditure which in turn would waive off my min bal maintainance requirement?

All transaction P2M

 

[varun__goel_]

Your A/c XXXXX ,may have low balance in Oct23. Pls maintain balance in Nov23 to avoid charges. You have an option to convert your existing Savings A/c to Basic Savings A/c with limited features subject to eligibility. Visit website/Internet Banking/Axis Bank branch for details. Ignore if A/c is funded.

Recd this sms today, though already have spent 25k

 

[Buttman]

All transaction P2M

Thank you so much for clarification. Also, do we get 1% cb on paying cc bills as some points like we do on HDFC platinum dc? I do have some big cc bill payments incoming.

 

[NShah]

Thank you so much for clarification. Also, do we get 1% cb on paying cc bills as some points like we do on HDFC platinum dc? I do have some big cc bill payments incoming.

E debit card 1% not available for axis liberty e debit card
Cc bill payment count in quaterly milestone

 

[Buttman]

E debit card 1% not available for axis liberty e debit card
Cc bill payment count in quaterly milestone

I don’t get it? E debit card is virtual dc or the physical? Also doing cc bill payment via amazon/mobidick wont fetch 1%?

 

[NShah]

I don’t get it? E debit card is virtual dc or the physical? Also doing cc bill payment via amazon/mobidick wont fetch 1%?

Virtual dc
Axis ne ch**ya kata e Debit ke naam pe axis liberty saving account holders ka
Nahi milenga

 

[shutapdiya]

Your A/c XXXXX ,may have low balance in Oct23. Pls maintain balance in Nov23 to avoid charges. You have an option to convert your existing Savings A/c to Basic Savings A/c with limited features subject to eligibility. Visit website/Internet Banking/Axis Bank branch for details. Ignore if A/c is funded.

Recd this sms today, though already have spent 25k

Mujhe bhi aaya

 

[varun__goel_]

Mujhe bhi aaya

To ignore maara jaaye?

 

[shutapdiya]

To ignore maara jaaye?

Yup

Iske pehle bhi aaya hai 2-3 bar

 

[Buttman]

SBI Cashback credit card official benefits revised w.e.f. 1st May 2023

REVISION OF BENEFITS ON CASHBACK SBI CARD: With effect from 01 May 2023, following changes will be applicable on your CASHBACK SBI Card: A. Below categories will not be eligible for Cashback benefit, apart from existing exclusions: Category Merchant Category Code (MCC) Jewelry 5051, 5094...

www.technofino.in

According to the above link and the MCC codes listed in Axis' 5% cashback t&c, we should get 5% cashback on buying Amazon gift cards using Liberty gift card every weekend. I'd usually buy it through HDFC millennia, but this might be a good alternative after hitting 20k/month limit.

What’s the mcc code for amazom gc merchant?

 

[Buttman]

Update:-

I just checked my Account Statement.

Honourable RBI Banking ombudsman seriously lit a fire under Axis Bank Bottoms.

That is why Axis MD Desk methioned, they are going to automate the Cashback and voucher redemption Process after Receiving a hard kick in their****** from Honourable RBI Banking ombudsman.

I was literally surprised how can Axis Bank agreed to make the Process automated suddenly, which they avoided from past 2 years even after repeated complaints from me.

The below attached Screenshot is the reason.

Could you share your complaint format? Aage kabi kaam aajayega

 

[imuntitled]

For quarterly voucher wallet load eligible
for weekend Cashback not eligible

weekend cashback ki koe tilik hai?

 

[aashuuuu]

First month of Liberty Account.Just confirming whether these transactions are counted in 25K milestones?

 

[NShah]

First month of Liberty Account.Just confirming whether these transactions are counted in 25K milestones?View attachment 33844

Y E S

 

[AritraSaha]

Could you share your complaint format? Aage kabi kaam aajayega

Easy.. take your complaint & add 4tspn of 'shameless' & 2 tspn of 'brainless', mix well.

Now make total 3 pieces from the mixture 1 big & 2 small..
Place them according..

In the bottom add ' Honorable RBI to take action' & some heavy words..

Tada... Your complaint is ready... Serve it Hot...

 

[Buttman]

Virtual dc
Axis ne ch**ya kata e Debit ke naam pe axis liberty saving account holders ka
Nahi milenga

To fr 250 extra add karne q bolte hai account funding k time? Thats their dc charges correct? Do I need to seperately request for liberty dc?

 

[varun__goel_]

To fr 250 extra add karne q bolte hai account funding k time? Thats their dc charges correct? Do I need to seperately request for liberty dc?

250 for physical DC, acc open krne k 7 days m aayga, no need to request

 

[Buttman]

250 for physical DC, acc open krne k 7 days m aayga, no need to request

So the 250 wala item is liberty dc? Am I correct?

 

[varun__goel_]

So the 250 wala item is liberty dc? Am I correct?

Y e s

 

[Buttman]

Y e s

Noted! Thanks. Now I’ll get back to reading the thread. Already done with 50 pages