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

 

[Parallaxhal]

Avoid Mobikwik and Payzapp as they are tagging 6012 mcc which is in exclusion list now. Check exclusion list provided here what mcc are excluded now.

I don't use those 2 apps anyway. I use HDFC billpay for non HDFC cards and cred for HDFC cards. But I think I'm just going to close this account. Too much hassle. And it's only been a week since I opened. So, no charges for closing account.

 

[Rohith-2009]

I don't use those 2 apps anyway. I use HDFC billpay for non HDFC cards and cred for HDFC cards. But I think I'm just going to close this account. Too much hassle. And it's only been a week since I opened. So, no charges for closing account.

Are you referring to the liberty account. Closing that account is not a good idea. You just have to spend 25k per month to make it zero balance plus you'll get 750 quarterly voucher too.

 

[Parallaxhal]

Are you referring to the liberty account. Closing that account is not a good idea. You just have to spend 25k per month to make it zero balance plus you'll get 750 quarterly voucher too.

If I can keep it. I'd prefer to keep it. But all the spending/major spending on this account would be for Credit Card Payment. And If that is not counted towards the 25k monthly spend, then it loses its purpose for me.

 

[SSV]

If I can keep it. I'd prefer to keep it. But all the spending/major spending on this account would be for Credit Card Payment

CC payment counts for spend criteria

 

[Rohith-2009]

If I can keep it. I'd prefer to keep it. But all the spending/major spending on this account would be for Credit Card Payment. And If that is not counted towards the 25k monthly spend, then it loses its purpose for me.

it's counted. I think on any app

 

[varun__goel_]

If I can keep it. I'd prefer to keep it. But all the spending/major spending on this account would be for Credit Card Payment. And If that is not counted towards the 25k monthly spend, then it loses its purpose for me.

Just pay via SBI Unipay/Park Plus

Paytm and mobikwik MCC are excluded

 

[Parallaxhal]

Guess I'll keep the account. Thanks guys

 

[𝙇.𝐊. 𝐓𝗶𝘄𝗮𝗿𝗶 :)]

Just pay via SBI Unipay/Park Plus

Paytm and mobikwik MCC are excluded

Can we use sbi unipay without a account in sbi..? And can you please share the link....

 

[NShah]

Can we use sbi unipay without a account in sbi..? And can you please share the link....

https://customer.sbiunipay.sbi/CustomerPortal/quickPay . . .

 

[telescope]

Just pay via SBI Unipay/Park Plus

Paytm and mobikwik MCC are excluded

how much time it takes for parkplus to settle bills to hdfc? I didn't get bbps reference number, instead just park+ order no.

 

[NShah]

how much time it takes for parkplus to settle bills to hdfc? I didn't get bbps reference number, instead just park+ order no.

3 working days

 

[varun__goel_]

3 working days

Did a payment for HDFC CC on 7th March. Not credited till now

 

[NShah]

Did a payment for HDFC CC on 7th March. Not credited till now

Working/Business days

 

[telescope]

Working/Business days

original payment day will be considered?

 

[kushhh]

Did a payment for HDFC CC on 7th March. Not credited till now

Same, Mera toh aaj due date bhi hai

 

[kushhh]

Hdfc vaale late fees refund kar dete hain?

 

[NShah]

original payment day will be considered?

Y e s

 

[VISHESH_BANSAL]

Did a payment for HDFC CC on 7th March. Not credited till now

Waise aaj Spend based offers bejhe hai HDFC ne

25k pe 750 GV on Millennia DC.


25k pe 500 Neu coins on Tata Neu Plus.

 

[Shubham Yadav]

Need suggestions...

Majority of the members are present here, so posting in this thread rather than creating one.


Due to obvious TF Community effect and chull, I opened a lot of accounts for very little benefits and have already closed few of them.

As of now I hold:-
HDFC Classic Banking, SBI, IDFC Future First, Kotak 811, Axis Liberty & BOB

Now after piling up these accs, I have decided to close a few of them. SBI & HDFC are permanent ones so won't be closing them.

IDFC has no benefit other than 0 charges and 0 mab. Services are good. Was thinking of Axis but their changing tncs. Service were decent enough.

Now suggest what others should I close. Want to keep these accs for long term usage and benefits. Want to reduce the accs to 3 or max 4

Sab rakhe raho abhi rupay platinum offer k renewal ki picture clear hone do

 

[Shubham Yadav]

Waise aaj Spend based offers bejhe hai HDFC ne

25k pe 750 GV on Millennia DC.


25k pe 500 Neu coins on Tata Neu Plus.

HopelessDFC toh mere piche loan ka offer betaal ki tarah mere gaale mai latkaya h

Picha hi nhi chod raha h