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

 

[abhiram3443]

Is paying off credit card bills considered merchant payment? (via cred or cc upi id)

Yes,it will be considered

 

[Rohith-2009]

Where you do transaction for NMC waiver

I don't have to do transactions for nmc waiver as it's a salary account

 

[DimeEarner]

Q1. UPI P2M is eligible for non MAB ??
Q2. and for quarterly gift card??

 

[Rohith-2009]

Q2. I think not all P2M transactions are eligible for gift card benefit. I have not received it this time. I added money to kotak 811 account using upi . It was P2M only

Q1. UPI P2M is eligible for non MAB ??
Q2. and for quarterly gift card??

 

[telescope]

Q2. I think not all P2M transactions are eligible for gift card benefit. I have not received it this time. I added money to kotak 811 account using upi . It was P2M only

Were you charged with non-maintenance fee? Or you maintained sufficient average balance in account?

 

[Rohith-2009]

Were you charged with non-maintenance fee? Or you maintained sufficient average balance in account?

No I don't have to maintain. It's a salary account

 

[telescope]

No I don't have to maintain. It's a salary account

Ok. It's tricky then.

 

[ritwik2000]

Were you charged with non-maintenance fee? Or you maintained sufficient average balance in account?

I maintain 50rs. Done 25k spends.... Will update here if I get charged.

 

[skbgp]

Seems indie loads are now not counted.

 

[varun__goel_]

Seems indie loads are now not counted.

Share the pdf attached with mail

 

[skbgp]

Share the pdf attached with mail

Nothing is attached with mail.

 

[messypenguin]

Seems indie loads are now not counted.

these are the same t&cs from prev quarter. I don't see any changes. Did they mention indie in particular?

 

[skbgp]

these are the same t&cs from prev quarter. I don't see any changes. Did they mention indie in particular?

I loaded Indie to reach milestone, so I concluded. There is nothing specific mentioned about it in mail.

 

[qf037x42v]

I don't know. No need to worry about it, because, Axis is open from heart but closed from mind. So, axis can't track MCC of any upi payments. So all P2M UPI transaction works. Enjoy until the day axis opens up their mind and understand that UPI also has mcc.

It's not working for broker payments anymore. Atleast with zerodha

 

[messypenguin]

I loaded Indie to reach milestone, so I concluded. There is nothing specific mentioned about it in mail.

fair enough, didn't work for me either.

Anyone knows if Cred Rent payments are valid for Quartely vouchers?

 

[Rohith-2009]

I think financial institutions means banks

 

[jadoo3]

Members
1.Does Amazon wallet loading, fund addition to zerodha /groww considered for spent base AMB waiver?
2.Does is mandatory to carry UPI transaction via axis mobile app for merchant payments or can we use other apps like credit,payzapp,Navi etc....

 

[Pradumya]

Seems indie loads are now not counted.

Now what i think is they just decide based on UPI ID or name of merchant in case of UPI spends.
Can you please confirm the UPI ID on which you made txn for indie? Or name of merchant.

 

[messypenguin]

Now what i think is they just decide based on UPI ID or name of merchant in case of UPI spends.
Can you please confirm the UPI ID on which you made txn for indie? Or name of merchant.

Indie txn is reflected as IndusInd Bank on axis statement.

 

[SSV]

Add funds in indie bank ACCOUNT?

Doesn't count .

EDIT: Wrong info.. Corrected by the Master of SBLBR .. @varun__goel_

P2m transaction doesn't count?

@varun__goel_ told me that funding indie account would suffice the voucher

I actually am not sure.. if this particular transaction qualifies or not..
as I never had experience with this type of transaction..
Experience only matters in these kind of things..
Wait for a while ..for confirmation .

Seems indie loads are now not counted.

@yb24 ,
Have you got your Quarterly voucher of 750 for your Indie account funding transanctions??