• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Axis Bank Liberty Savings Account Benefits

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

Deleted member 2540

TF Pioneer
1
Engaged Contributor
★ 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 15th November, 2025 for all existing as well as new customers. Customers who qualify for this benefit basis the transactions done till 15th November, 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:
Apply For LTF IndusInd Bajaj Tiger Credit Card
I read somewhere along the pages that for the 750 GV on 60K spends, debit card need not be Liberty, just the account needs to be Liberty? Is this true? Because I spoke to customer care and Twitter Support yesterday, they both seem to say that it needs to be a Liberty DC linked to a Liberty Account(Inspite of me clearly telling them that I’m not referring to the weekend 5%cashback offer). Did things change recently? Any input from anyone would be highly appreciated. And thanks @VISHESH_BANSAL for this thread.
S S V said:
@VISHESH_BANSAL Maharaj kept telling us to use either DC or UPI only . Sometimes net banking transactions have some problems…it seems..
At least from now onwards, please use DC or UPI only
Click to expand...
 
AA007 said:
I read somewhere along the pages that for the 750 GV on 60K spends, debit card need not be Liberty, just the account needs to be Liberty? Is this true? Because I spoke to customer care and Twitter Support yesterday, they both seem to say that it needs to be a Liberty DC linked to a Liberty Account(Inspite of me clearly telling them that I’m not referring to the weekend 5%cashback offer). Did things change recently? Any input from anyone would be highly appreciated. And thanks @VISHESH_BANSAL for this thread.
Click to expand...
Better to use Liberty Debit card and UPI.
 
AA007 said:
I read somewhere along the pages that for the 750 GV on 60K spends, debit card need not be Liberty, just the account needs to be Liberty? Is this true? Because I spoke to customer care and Twitter Support yesterday, they both seem to say that it needs to be a Liberty DC linked to a Liberty Account(Inspite of me clearly telling them that I’m not referring to the weekend 5%cashback offer). Did things change recently? Any input from anyone would be highly appreciated. And thanks @VISHESH_BANSAL for this threa
Click to expand...

Many people say many things..
With Axis , no one knows what’s the rule and how it is applied, even axis also don’t know..
In this scenario, we have to follow what is working..
Spends thru Liberty DC and UPI are working as per majority here..
so just follow the herd
 
S S V said:
Many people say many things..
With Axis , no one knows what’s the rule and how it is applied, even axis also don’t know..
In this scenario, we have to follow what is working..
Spends they Liberty DC and UPI are working as per majority here..
so just follow the herd
Click to expand...
Haha, that’s true. With Axis it’s always been this way. 😂. Anyways, thanks for the reply.
 
  • Like
Reactions: SSV
AA007 said:
Haha, that’s true. With Axis it’s always been this way. 😂. Anyways, thanks for the reply.
Click to expand...
S S V said:
So, in this case spend every thing from UPI for 60k in the quarter to get 750 GV.
Use your Delight DC for your offers
Click to expand...
And don’t forget to update this thread if it works so that others can follow your footsteps.. then you will be leading a new herd…
Just don’t fall of from the cliff, otherwise we all will fall along with you 😉
 
Last edited:
S S V said:
And don’t forget to update this thread if it works so that others can follow your footsteps.. then you will be leading a new herd…
Just don’t fall of from the cliff, otherwise we all will fall along with you
Click to expand...
Sure If I decide to go with the DC upgrade, I’ll definitely post my experience here. Also, is there any thread available on how to utilize UPI for CC bill payments to hit the 60k milestone. Never been very knowledgeable with how UPI works. I’m assuming I’d have to create a UPI name from Axis app and use it at probably PayTm payment page?
 
  • Like
Reactions: SSV
AA007 said:
Sure If I decide to go with the DC upgrade, I’ll definitely post my experience here. Also, is there any thread available on how to utilize UPI for CC bill payments to hit the 60k milestone. Never been very knowledgeable with how UPI works. I’m assuming I’d have to create a UPI name from Axis app and use it at probably PayTm payment page?
Click to expand...
UPI is very simple and should be available for all different payment apps.
Just post screenshot of payment page of how you usually pay your CC, we will guide you..
It’s a very simple technology
 
Apply For LTF Scepia Credit Card
AA007 said:
Sure If I decide to go with the DC upgrade, I’ll definitely post my experience here. Also, is there any thread available on how to utilize UPI for CC bill payments to hit the 60k milestone. Never been very knowledgeable with how UPI works. I’m assuming I’d have to create a UPI name from Axis app and use it at probably PayTm payment page?
Click to expand...
This is how you find out your UPI ID in your axis app

1700463419653.png




1700463559441.png
 
Last edited:
Apply For LTF Axis Bank Credit Card
Reader mode
You must log in or register to reply here.
Status
The first post in this thread is a WikiPost, and can be edited by anyone with the appropriate permissions.

Similar threads

sahil1033
Kotak Mahindra Bank Everyday Savings Account - Dead?
Replies
20
Views
507
Abhishek012
A
I
Facing issue with Axis Bank savings account.
Replies
28
Views
1K
mailmenow
M
S
Axis savings account open/upgrade
Replies
7
Views
493
soccer
S
Manishg
  • Question Question
Axis Bank declined my pre approved credit card application
Replies
12
Views
616
gunnerTH
gunnerTH
S
  • Featured
Axis Salary Account Debit Card - 1% cb on cc bill payments
Replies
56
Views
4K
boootlooop
B
Back
Top