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

 

[Rohith-2009]

Check MCC, thats where the detail lies

Where can I check it shin Chan

 

[Shin-Chan]

Where can I check it shin Chan

Bank customer care, James !!

 

[varun__goel_]

Bank customer care, James !!

Axis can't tell mcc of upi txns

 

[telescope]

ab aapko nahi milega to kiska milega @telescope sir !!

Aisa kyu bhai?

 

[telescope]

Kidhar spend kia?

Some utility bills and transfer to broker using UPI.

 

[pikachu091003]

So I wish to know if it's possible to downgrade my prestige account to a different one (with less AMB)...What are my options here?!

Amaze and Easy Access are for you.
You can go for Liberty too if you know how to waive off AMB charges.

 

[maddy]

Amaze and Easy Access are for you.
You can go for Liberty too if you know how to waive off AMB charges.

so its not about permanently parking the amount in the savings account be it 12K for Easy Access or 25K for Liberty?

 

[messypenguin]

so its not about permanently parking the amount in the savings account be it 12K for Easy Access or 25K for Liberty?

Parking 25k + sms charges + debit card charges + any other charges should do.

 

[pikachu091003]

so its not about permanently parking the amount in the savings account be it 12K for Easy Access or 25K for Liberty?

For Easy Access you have to maintain 12k, there's no any choice left. In Liberty, you have to either maintain or spend 25k from your account (UPI, Netbanking, Debit Card) every month to get NMC waiver.

 

[maddy]

For Easy Access you have to maintain 12k, there's no any choice left. In Liberty, you have to either maintain or spend 25k from your account (UPI, Netbanking, Debit Card) every month to get AMC waiver.

Thanks for the info. so if I pay credit card bill via Gpay(linked to axis account), would that count as spent expense?

 

[maddy]

For Easy Access you have to maintain 12k, there's no any choice left. In Liberty, you have to either maintain or spend 25k from your account (UPI, Netbanking, Debit Card) every month to get AMC waiver.

Also Axis website mentions here that for the Prestige Savings Account: `Total Relationship Value` of 3 lakh for savings account balance + fixed deposits, which is fine with me but when I spoke to Axis customer care in the morning, they said TRV or FDs do not count & 75K maintenance is mandatory. Any idea on this scenario?!

 

[opaque]

I have Rupay platinum DC. Is it possible to convert account to Liberty savings account with my current Rupay card and be eligible for 750 voucher based on spends on rupay card?

 

[NShah]

Thanks for the info. so if I pay credit card bill via Gpay(linked to axis account), would that count as spent expense?

Y e s
Use Freecharge Parkplus Airtel thanks Jio finance app

 

[SureShot]

My citi account got moved to liberty savings account and when i checked for debit card cashback section, it is showing my account is not eligible for cashback, anyone who migrated from citi got same issue?

FYI, i am yet to do any eligible transaction with the citi debit card post migration.

 

[sleepysurya]

View attachment 62995
Just Received MY Voucher Today.

Everything is working just like before, No exclusions guys..

I haven't received. I spend 120k on mutual fund - upi/p2m. 20k on pos/ecom. I used to receive for similar spends till previous quarter. I will probably downgrade because now i don't have much use of liberty debit card also.

 

[SureShot]

My citi account got moved to liberty savings account and when i checked for debit card cashback section, it is showing my account is not eligible for cashback, anyone who migrated from citi got same issue?

FYI, i am yet to do any eligible transaction with the citi debit card post migration.

View attachment 63140

Looks like citi migrated customers are not eligible for cashback, atleast that’s what i heard from chat support.

If it’s not for us, then there is no use of holding with this account.

 

[akilmds]

Looks like citi migrated customers are not eligible for cashback, atleast that’s what i heard from chat support.

If it’s not for us, then there is no use of holding with this account.

No. CB is applicable for CITI migrated customers. I have received this email.

 

[Shin-Chan]

I have Rupay platinum DC. Is it possible to convert account to Liberty savings account with my current Rupay card and be eligible for 750 voucher based on spends on rupay card?

Y e s

 

[SureShot]

No. CB is applicable for CITI migrated customers. I have received this email.

i also got the mail during migration but did you get the same error which i got? Please check debit card cashback from services and support -> Cards & forex from open app.

 

[VICKIE SINGH RAJPUT]

For Quarterly voucher of Rs 750, Where I spends which counted for quarterly voucher