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

 

[#aniket]

In kotak app, click on 811 section, you will be able to see "add money" option, upon clicking ,three modes of payment will be given, select dc, enter your liberty dc details and add money

Got it thanks bro, to be precise, under Bank, Kotak 811, Add Funds, Enter Amount, Select Payment Mode as Debit Cards/ Net Banking.

But one is allowed to deposit ₹1000-50,000 only, right?

 

[#aniket]

In kotak app, click on 811 section, you will be able to see "add money" option, upon clicking ,three modes of payment will be given, select dc, enter your liberty dc details and add money

I don't have Liberty DC.

Just dreaming if I would.

 

[Iam₹K$]

Got it thanks bro, to be precise, under Bank, Kotak 811, Add Funds, Enter Amount, Select Payment Mode as Debit Cards/ Net Banking.

But one is allowed to deposit ₹1000-50,000, right?

Right, can add max 3 times any amount upto 50k per transaction in a month

 

[#aniket]

Right, can add max 3 times any amount upto 50k per transaction in a month

Frequency of trxn is limited upto 3 only, which means in other words, one can add only thrice in a calendar month, also upto ₹50,000 as max but not less than ₹1,000, right?

Also, do every banks consider it as a online trxn and provide rewards and cashback if any and Axis to as per the fulfilment of condition, screenshot attached?

Considering, Inflow of Liberty Savings A/c > Outflow, what you suggest, I should consider?

 

[Iam₹K$]

Frequency of trxn is limited upto 3 only, which means in other words, one can add only thrice in a calendar month, also upto ₹50,000 as max but not less than ₹1,000, right?

Also, do every banks consider it as a online trxn and provide rewards and cashback if any and Axis to as per the fulfilment of condition, screenshot attached?

Considering, Inflow of Liberty Savings A/c > Outflow, what you suggest, I should consider?

Right, 50k max per transaction and 150k max per month.
Kotak, indie's add money is considered as quasi cash. Depends upon banks, Jupiter does not specified mcc codes for earning jewels through dc but has flagged certain merchants for earning reward.
Check your bank statement if it says P2M or Ecom then I think you are good to go.

 

[#aniket]

Ok bro, thank you

Before opening if you can share from your statment what does it reflect especially in case of Axis Liberty.

Right, 50k max per transaction and 150k max per month.
Kotak, indie's add money is considered as quasi cash. Depends upon banks, Jupiter does not specified mcc codes for earning jewels through dc but has flagged certain merchants for earning reward.
Check your bank statement if it says P2M or Ecom then I think you are good to go.

 

[Iam₹K$]

Normally liberty account holders need to spend 25k in a month, how come you are required to spend only 15k?

 

[Iam₹K$]

Ok bro, thank you

Before opening if you can share from your statment what does it reflect especially in case of Axis Liberty.

Except for P2A all other transactions are eligible for merchant spends

 

[#aniket]

Normally liberty account holders need to spend 25k in a month, how come you are required to spend only 15k?

Haha, I am aware about 25k spend which is the minimum requirement for NMC waiver.

I am not an exceptional one, I too need to meet that requirement.

 

[#aniket]

Except for P2A all other transactions are eligible for merchant spends

Thanks for sharing!

 

[#aniket]

Except for P2A all other transactions are eligible for merchant spends

@Iam₹K$ Now you bro can remove the attachment, screenshot, for privacy concern and to avoid misuse of sensitive info.

 

[Cebu]

In kotak app, click on 811 section, you will be able to see "add money" option, upon clicking ,three modes of payment will be given, select dc, enter your liberty dc details and add money

This is for fulfilling quarterly criteria or weekend cashback?

 

[Iam₹K$]

This is for fulfilling quarterly criteria or weekend cashback?

Quaterly criteria only

 

[Abhishek012]

Jab UPI merchant payment kar sakte ho toh Visa debit card use karne ka kya logic banta hai.

Paap lagega sab ko.

 

[VISHESH_BANSAL]

Jab UPI merchant payment kar sakte ho toh Visa debit card use karne ka kya logic banta hai.

Paap lagega sab ko.

Lag chuka hai already.

@#aniket Account Funding Txns are no longer getting counted as eligible spends

Official Confirmation awaited but a user shared that for last Quarter he did not got 750 GV for Account Funding Txns via VISA DC @Abhishek012

 

[varun__goel_]

Lag chuka hai already.

@#aniket Account Funding Txns are no longer getting counted as eligible spends

Official Confirmation awaited but a user shared that for last Quarter he did not got 750 GV for Account Funding Txns via VISA DC @Abhishek012

Dheere dheere cc bill payments bhi jaaynge hi.

Paytm ko to block maar hi diya hai axis ne, or mobikwik pe charges lag rhe ab

 

[#aniket]

Lag chuka hai already.

@#aniket Account Funding Txns are no longer getting counted as eligible spends

Official Confirmation awaited but a user shared that for last Quarter he did not got 750 GV for Account Funding Txns via VISA DC @Abhishek012

Axis be like:

 

[technonifo]

I was thinking of opening an account.. abhi soch rha hu to open or not

 

[#aniket]

Jab UPI merchant payment kar sakte ho toh Visa debit card use karne ka kya logic banta hai.

Paap lagega sab ko.

Supreme Commander urff unofficial Ambassador of NPCI; UPI & Rupay ko dekha nahi ja raha thoda bhi, sidha saraap hi de diya sarein ko

Ganga nahane ke liye jana padega guys ab toh

Except: mein kyu ki mera toh A/c hi nahi hain bas dus sahash kiya already Axis ne Moye Moye kar diya hain

 

[ashwinkashwink is verified member.]

Jab UPI merchant payment kar sakte ho toh Visa debit card use karne ka kya logic banta hai.

Paap lagega sab ko.

Ab isse bhi band karega