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

 

[Iam₹K$]

Neo isn't easy at all
They rejected for my father, with cibil 795 and around 20yrs history

Axis works in mysterious ways...
My friend had only tata neu+ with18k limit, he applied for axis Neo and easily got approved. No bank account in axis or any relationship.

 

[Tejo]

Neo isn't easy at all
They rejected for my father, with cibil 795 and around 20yrs history

Actually axis is not easy at all. If we have hold other cards.

 

[krishc]

We need to wait for 60 or 90 days for cooling down, which is different for every customer. Maybe your cooling period was not over.

What is the Axis cooling period after getting a new credit card approved to apply for the next one ?

 

[Iam₹K$]

What is the Axis cooling period after getting a new credit card approved to apply for the next one ?

In Airtel app it said 60 days, on call they said 90 days, upon closure of cc they said 6 months.

 

[technonifo]

I am going to open Axis Liberty account online.
My doubt is:
1. Will I get Liberty DC instantly ie virtually and physically?
2. Let's say I don't want the 5% cashback, if I don't want the DC charges, is there some way?

 

[varun__goel_]

I am going to open Axis Liberty account online.
My doubt is:
1. Will I get Liberty DC instantly ie virtually and physically?
2. Let's say I don't want the 5% cashback, if I don't want the DC charges, is there some way?

You will get virtual dc instantly(non liberty)

Just don't activate the physical dc received.

 

[technonifo]

You will get virtual dc instantly(non liberty)

Just don't activate the physical dc received.

Thank you for the quick reply.
1. So I can use the virtual card for registering via upi and doing txn to get the 750rs voucher right?

2. If I don't activate the physical dc then, I won't be charged the issuance and annual charges?

 

[samm255]

Just don't activate the physical dc received.

I don't think this applies to DC. Charges will be levied for joining fee regardless activate or don't because they already send active DC.

 

[varun__goel_]

Thank you for the quick reply.
1. So I can use the virtual card for registering via upi and doing txn to get the 750rs voucher right?

2. If I don't activate the physical dc then, I won't be charged the issuance and annual charges?

1. Yes
2. 99.99% no, even if you get charged raise a complaint for reversal

I don't think this applies to DC. Charges will be levied for joining fee regardless activate or don't because they already send active DC.

Every bank has their own terminology for card activation. I was charged the day I did first txn. Considering this, they might be considering a txn for activation

 

[alok416]

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 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.

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.

View attachment 42002

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

■
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

Bro for 60k spend we will recieve 750 ₹ voucher...

But can we spend these 60k on credit card bill payment ?

And these 60k spend should be done by debit card or Upi ? Kindly specify...

@TechnoFino @VISHESH_BANSAL

 

[VISHESH_BANSAL]

Bro for 60k spend we will recieve 750 ₹ voucher...

But can we spend these 60k on credit card bill payment ?

And these 60k spend should be done by debit card or Upi ? Kindly specify...

@TechnoFino @VISHESH_BANSAL

Y E S

 

[NShah]

But can we spend these 60k on credit card bill payment ?

Y e s

And these 60k spend should be done by debit card or Upi ? Kindly specify...

Both

 

[Cc_creditguy]

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 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.

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.

View attachment 42002

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

■
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

Hey bro, recently went to axis Bank and ask them to open this account , and the sales manager mentioned that you can send 25k to your own account, but it's only via axis Bank upi app it consider as nmc and the main doubt it's will I get gift voucher??

 

[NShah]

Hey bro, recently went to axis Bank and ask them to open this account , and the sales manager mentioned that you can send 25k to your own account, but it's only via axis Bank upi app it consider as nmc and the main doubt it's will I get gift voucher??

No
only person to merchant transactions count for mab waiver and 750 quarterly voucher

 

[alok416]

Y e s

Both

Thnx alot bro...

One last question...

I didnt took Axis Liberty Debir card and have E-Debit card of Easy access account which i opened online...

So if i will use it, will it also give cashback ?

 

[alok416]

Y E S

Thnx bro

 

[Cc_creditguy]

No
only person to merchant transactions count for mab waiver and 750 quarterly voucher

Yeaa.bro , but the branch manager said we can send money to others via axis Bank upi application but not sure for 750 voucher

 

[SSV]

Yeaa.bro , but the branch manager said we can send money to others via axis Bank upi application but not sure for 750 voucher

P2M - counted
P2A - disqualified for 750

 

[VISHESH_BANSAL]

Thnx alot bro...

One last question...

I didnt took Axis Liberty Debir card and have E-Debit card of Easy access account which i opened online...

So if i will use it, will it also give cashback ?

Cashback means weekend Cashback ?

 

[alok416]

P2M - counted
P2A - disqualified for 750

Cashback means weekend Cashback ?

No ..750 per month cashback bro...