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

 

[Apurvsahilz]

Ad mani in kotak 911

 

[BhaiyaJi]

Guys quarterly paisa aaya ?

 

[shutapdiya]

Guys quarterly paisa aaya ?

Itne jaldi kabhi aya hai?

 

[BhaiyaJi]

Itne jaldi kabhi aya hai?

I know kabhi nahi aaya but

 

[varun__goel_]

Guys quarterly paisa aaya ?

 

[prashu]

How many days will it take ?

 

[BhaiyaJi]

10-15 days / working days.

 

[ksen13]

Quarterly milestone voucher kab milta Hain generally?Kitne dino ke baad milta Hain quarter end hone ke baad

10-15 days / working days.

Matlab?
Means October to December quarter ka voucher January 15-20 ke andar ayega kya ?

 

[Tejo]

Quarterly milestone voucher kab milta Hain generally?Kitne dino ke baad milta Hain quarter end hone ke baad

Matlab?
Means October to December quarter ka voucher January 15-20 ke andar ayega kya ?

... ...

 

[mshenoy]

I opened Axis Easy Access account online thinking maintaining 5k is easier, then got know about liberty account so wanted to convert it, called phone banking and asked if it can be converted. They said it can be you need to visit branch. So I visited branch and they said it's been only 3 months since account got opened it cannot be changed to Liberty before 6 months. Felt weird so visited another big branch, there they took request and called next day saying they cannot since it's not 6 months, I said okay. Then after 6 months I went (i.e Dec end) and executive is like it can't be done in Dec since June is not counted. So I just said how many times I have to visit branch, she said we'll take request and process it in Jan. And they did it.

It's so weird to see that they can't change product varient before 6 months. First time I asked them can't you close the account and then open new, that time executive is like account cannot be closed before 12 months, I asked her why and she's like you have accepted terms and conditions of it and it's mentioned in there.

Is this just Axis being Axis?

 

[sm9811911]

I opened Axis Easy Access account online thinking maintaining 5k is easier, then got know about liberty account so wanted to convert it, called phone banking and asked if it can be converted. They said it can be you need to visit branch. So I visited branch and they said it's been only 3 months since account got opened it cannot be changed to Liberty before 6 months. Felt weird so visited another big branch, there they took request and called next day saying they cannot since it's not 6 months, I said okay. Then after 6 months I went (i.e Dec end) and executive is like it can't be done in Dec since June is not counted. So I just said how many times I have to visit branch, she said we'll take request and process it in Jan. And they did it.

It's so weird to see that they can't change product varient before 6 months. First time I asked them can't you close the account and then open new, that time executive is like account cannot be closed before 12 months, I asked her why and she's like you have accepted terms and conditions of it and it's mentioned in there.

Is this just Axis being Axis?

Whatever the case or bank, how can they not close the account. Surely not giving you the full info.

 

[SSV]

Is this just Axis being Axis

As of March 2023, Axis had 91,898 set of rules for the same query..(with some overlapping)….

 

[mshenoy]

Whatever the case or bank, how can they not close the account. Surely not giving you the full info.

Yes. I didn't wanted to fight with them, so I just waited. But i saw in some thread here saying that axis said they cannot close the account in 12 months so axis had offered to convert into basic savings account. So that person proceed with it.

 

[varun__goel_]

I opened Axis Easy Access account online thinking maintaining 5k is easier, then got know about liberty account so wanted to convert it, called phone banking and asked if it can be converted. They said it can be you need to visit branch. So I visited branch and they said it's been only 3 months since account got opened it cannot be changed to Liberty before 6 months. Felt weird so visited another big branch, there they took request and called next day saying they cannot since it's not 6 months, I said okay. Then after 6 months I went (i.e Dec end) and executive is like it can't be done in Dec since June is not counted. So I just said how many times I have to visit branch, she said we'll take request and process it in Jan. And they did it.

It's so weird to see that they can't change product varient before 6 months. First time I asked them can't you close the account and then open new, that time executive is like account cannot be closed before 12 months, I asked her why and she's like you have accepted terms and conditions of it and it's mentioned in there.

Is this just Axis being Axis?

They can close the account before 12 months, but that will be chargeable.
And that 6 months policy seems to be true, as two branches quoted the same

 

[vasanth_ece]

I recently converted my SBSAL to SBLBR. Since its existing account migration, i am not getting welcome kit etc. For Liberty Debit card, they asked to apply online once Account got migrated.

But i dont see the option of Upgrading the debit card to Liberty.I currently have Visa Platinum Debit card. Even i don't see e-debit card option.
Any solution, do i need to visit branch?

 

[Apurvsahilz]

I opened Axis Easy Access account online thinking maintaining 5k is easier, then got know about liberty account so wanted to convert it, called phone banking and asked if it can be converted. They said it can be you need to visit branch. So I visited branch and they said it's been only 3 months since account got opened it cannot be changed to Liberty before 6 months. Felt weird so visited another big branch, there they took request and called next day saying they cannot since it's not 6 months, I said okay. Then after 6 months I went (i.e Dec end) and executive is like it can't be done in Dec since June is not counted. So I just said how many times I have to visit branch, she said we'll take request and process it in Jan. And they did it.

It's so weird to see that they can't change product varient before 6 months. First time I asked them can't you close the account and then open new, that time executive is like account cannot be closed before 12 months, I asked her why and she's like you have accepted terms and conditions of it and it's mentioned in there.

Is this just Axis being Axis?

Rather than running from pillar to post you should have closed account in first visit

 

[varun__goel_]

I recently converted my SBSAL to SBLBR. Since its existing account migration, i am not getting welcome kit etc. For Liberty Debit card, they asked to apply online once Account got migrated.

But i dont see the option of Upgrading the debit card to Liberty.I currently have Visa Platinum Debit card. Even i don't see e-debit card option.
Any solution, do i need to visit branch?

Apply by calling customer care. You won't get e debit card. It is just for name sake. No benefits.

 

[mshenoy]

Rather than running from pillar to post you should have closed account in first visit

Like I said, I told them what if I want to close the account, they said it can't be closed before 12 months. I didn't wanted to fight with them so I just let it go.

 

[Deleted member 5552]

@VISHESH_BANSAL Congratulations for reaching 156 pages

My opinion is Axis Bank should reward you for this product-promotion

 

[4uziaul]

@VISHESH_BANSAL Congratulations for reaching 156 pages

My opinion is Axis Bank should reward you for this product-promotion

And successfully looting Axis for so long.