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

 

[vasanth_ece]

Will buying Phonepe Giftcard from Phone app using lIberty DC on Weekends ,eligible for 5% cashback?

 

[finance_baba]

Open app not opening using broadband/wifi connection. Anyone with similar issue?

 

[SureShot]

Open app not opening using broadband/wifi connection. Anyone with similar issue?

Yes, had same issue in both wifi and gprs as well in the afternoon. But now working.

 

[gabu]

which category are excluded from upi or debit card spend for 25k monthly spend consideration?

 

[6ix9ine]

which category are excluded from upi or debit card spend for 25k monthly spend consideration?

First page is updated with everything, including TnC and MCC list:

Thread 'Axis Bank Liberty Savings Account Benefits' https://www.technofino.in/community/threads/axis-bank-liberty-savings-account-benefits.1504/

 

[Rohith-2009]

First page is updated with everything, including TnC and MCC list:

Thread 'Axis Bank Liberty Savings Account Benefits' https://www.technofino.in/community/threads/axis-bank-liberty-savings-account-benefits.1504/

So, utilities not included in the exclusion category for 750 Gift voucher. So, we can pay credit card bills on unipay, Jio finance or Setu and get the voucher?

 

[Parallaxhal]

So, utilities not included in the exclusion category for 750 Gift voucher. So, we can pay credit card bills on unipay, Jio finance or Setu and get the voucher?

Same question. Also If I pay credit card bill through Jio finance or SBI unipay, it will count towards monthly spends right?

 

[telescope]

Same question. Also If I pay credit card bill through Jio finance or SBI unipay, it will count towards monthly spends right?
View attachment 67217

please at least read last 1-2 pages, you will get answer.

 

[Parallaxhal]

please at least read last 1-2 pages, you will get answer.

I only saw the comments for the quarterly 750 voucher not for monthly 25k spends. Is it the same?

 

[6ix9ine]

So, utilities not included in the exclusion category for 750 Gift voucher. So, we can pay credit card bills on unipay, Jio finance or Setu and get the voucher?

Same question. Also If I pay credit card bill through Jio finance or SBI unipay, it will count towards monthly spends right?
View attachment 67217

Answers to both questions:

Post in thread 'Axis Bank Liberty Savings Account Benefits'

Aug 22, 2024

Credit card bill payment through CRED & UPI is working for 750 voucher, right guys?

Pay through jio finance app + Canara setu site + Airtel thanks app + Sbi unipay.

• NShah

• 
• 

 

[6ix9ine]

I only saw the comments for the quarterly 750 voucher not for monthly 25k spends. Is it the same?

Both are different.

If you don't to pay monthly NMC, then simply spend 25K+ every month, MCC exclusions and rest TnC mentioned in the first page of this thread.

 

[telescope]

I only saw the comments for the quarterly 750 voucher not for monthly 25k spends. Is it the same?

yes same .

 

[Parallaxhal]

Both are different.

If you don't to pay monthly NMC, then simply spend 25K+ every month, MCC exclusions and rest TnC mentioned in the first page of this thread.

So If I pay 25k worth credit card bill through Jio Finance, it will be fine right? I know P2M transactions are valid. But this transaction is showing as ecom. Thats why I'm confused.

 

[6ix9ine]

So If I pay 25k worth credit card bill through Jio Finance, it will be fine right? I know P2M transactions are valid. But this transaction is showing as ecom. Thats why I'm confused. View attachment 67227

Don't worry about ECOM, even if you purchase gift card from amazon it will show ECOM there.

 

[shivamk]

Liberty DC is anyways chargeable and Grab deals 10% is valid for 6 months. 5% is also possible via SBI cashback. What usecase am I missing for this other than 750 quarterly GV?

If we downgrade Axis account to normal one, can we keep Liberty DC at same charges?

 

[skbgp]

Liberty DC is anyways chargeable and Grab deals 10% is valid for 6 months. 5% is also possible via SBI cashback. What usecase am I missing for this other than 750 quarterly GV?

If we downgrade Axis account to normal one, can we keep Liberty DC at same charges?

Liberty dc is exclusive to Liberty account variant ig.

 

[kiwi195]

Kindly share the easiest way to get NMC waiver. Is it still worth getting this account? Does funding Jio Payments bank count towards NMC? I'm not interested in the vouchers, opening this account for pre approved cc offer

 

[pikachu091003]

opening this account for pre approved cc offer

Don't want to maintain funds and want pre approved offers? And that too from Axis

 

[kiwi195]

Don't want to maintain funds and want pre approved offers? And that too from Axis

Will be maintaining some amount of course, but it will be inconsistent

 

[kiwi195]

Does this transaction count towards 60k and NMC waiver?