Axis Bank Liberty Savings Account Benefits

[Deleted member 2540]

★ Axis liberty savings account is the best savings account for individuals who can qualify by meeting any one of the following conditions:-

(1) Maintain a minimum balance of ₹25000 in your account.

OR

(2) Spend ₹10000** per month on food, entertainment, shopping, and travel categories using the liberty debit card,
and
(2) Spend ₹15000^ per month at any merchant via the liberty debit card.

OR

(3) Spend ₹25000^ per month at any merchant via the liberty debit card.

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★ By meeting the 2nd condition, you can enjoy the following benefits with maximized savings:

(1) Zero balance account, since monthly spend of ₹25000 (₹10000** + ₹15000^) is required to receive the Non-Maintenance Charge (NMC) waiver for that particular month.

(2) 5% cashback (up to ₹500 per month), available on weekend transactions only (transactions made on Saturday and Sunday are considered).

● During your birthday month, you can earn 5% cashback up to ₹1000.

(3) One complimentary domestic lounge access per quarter.



★ Conditions:-

**Check the list of eligible MCCs for the Weekend 5% Cashback at the link below.** 👇

https://www.axisbank.com/docs/default-source/default-document-library/liberty-cashback-tnc.pdf

^Check the list of excluded spends/MCCs for the NMC waiver at the link below.^ 👇

https://www.axisbank.com/docs/default-source/default-document-library/liberty-savings-account-lifestyle-benefits-terms-and-conditions.pdf

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★ Overall Benefit:-
● ₹1000 × 1
● ₹500 × 11

Total:- ₹6500

★ Consolidated Charges:-
● SMS Charges: ₹17.70 × 4 = ₹71 (including GST)
● Liberty debit card annual fee: ₹354 (including GST)

Total:- ₹425

★ Net Annual Savings:- ₹6075/-

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1st Note:- You can now open a liberty account digitally and will receive both a virtual debit card and a physical liberty debit card. But, the virtual debit card issued with the digital axis liberty account is not the same as the e-debit card provided with other axis bank digital account variants.

2nd Note:- Quarterly gift voucher benefit linked to LIBERTY Savings Account shall be discontinued from 31th December, 2025 for all existing as well as new customers. Customers who qualify for this benefit basis the transactions done till 31st December, 2025 shall be considered eligible and awarded voucher as applicable basis terms laid out herewith.

Redemption Link for 750 GV:- https://www.gyftr.com/rewards/axisbankspendscampaign/

 

[vshobhit387]

If you want to purchase phonepe gift card then purchase it from phonepe app. You will get weekend cash back.

Purchased from phonepe app, but didn't got cashback.

 

[vshobhit387]

Zingoy se ?

Phonepe app se

 

[vshobhit387]

Has all got 750 voucher this time?

Yes I got the voucher

 

[hellobois]

Closed the account today.
I noticed that I was devoting too much time for 250/month.
Trying to dedicate the same time for something big and consistent.

 

[6ix9ine]

Closed the account today.
I noticed that I was devoting too much time for 250/month.
Trying to dedicate the same time for something big and consistent.

Very good decision

 

[Manishg]

Purchased from phonepe app, but didn't got cashback.

Will got after 15th

 

[SaifAli]

Hey Everyone,
I know these questions may have been asked a lot of times before, but the thread is already more than 300+ pages, and its hard to find answers, Appreciate the help in advance.

So I recently opened my Liberty savings Acc and I had some questions for the same,
1. Does enrolling in Family Banking restrict you from Cashbacks & Other benefits?
2. Does UPI Transfers(non-merchant) count towards 25K NMC waiver? if not what are the best ways to claim the same
3. what are some of the best ways to claim the 500p/m and 750rs Voucher, like does transferring to merchant ACC or adding to Paytm or Indusind Bank Acc(they count as merchant trx if done via razorpay method on indie app) do they count?

 

[hellobois]

Hey Everyone,
I know these questions may have been asked a lot of times before, but the thread is already more than 300+ pages, and its hard to find answers, Appreciate the help in advance.

So I recently opened my Liberty savings Acc and I had some questions for the same,
1. Does enrolling in Family Banking restrict you from Cashbacks & Other benefits?
2. Does UPI Transfers(non-merchant) count towards 25K NMC waiver? if not what are the best ways to claim the same
3. what are some of the best ways to claim the 500p/m and 750rs Voucher, like does transferring to merchant ACC or adding to Paytm or Indusind Bank Acc(they count as merchant trx if done via razorpay method on indie app) do they count?

one answer to all -
close this account if you want peace of mind. better to focus on something else. Improve your knowledge, skills, health. You will thanks me after 1-2 years.

 

[shivamk]

one answer to all -
close this account if you want peace of mind. better to focus on something else. Improve your knowledge, skills, health. You will thanks me after 1-2 years.

yeah, I also stopped worrying for 750 voucher. Only use the DC for weekend offline spends now

 

[iamgroot]

Yes, it's the weekend DC cashback.

weekend cashback ke liye kahna txn karna hota he?Ye cashback edge point ke form me credit hota h ky??

 

[BhaiyaJi]

Ye cashback edge point ke form me credit hota h ky??

No pure cashback

 

[hellobois]

yeah, I also stopped worrying for 750 voucher. Only use the DC for weekend offline spends now

for the last two years I am chasing credit cards and savings accounts just out of FOMO. I had accumulated around 14 accounts and 22 credit cards. Planning to trim it to 4-5 savings account and 8-10 credit cards. Already closed 7 CCs and 4 savings accounts so far including Indus Select and Axis liberty.
Trying to get some peace of mind and time to focus on something better in life.

 

[iamgroot]

No pure cashback

But txn where except gv?

 

[6ix9ine]

weekend cashback ke liye kahna txn karna hota he?

First post padho, waha mcc list given hai.

Jaha transaction kar rhe ho waha ka mcc pata karo then list se compare karo, if mcc match kar rha hai toh 5% milega else not.

 

[soccer]

weekend cashback ke liye kahna txn karna hota he?Ye cashback edge point ke form me credit hota h ky??

Food, Entertainment, Shopping and Travel at certain MCC's.

MCC list given on Axis site.

Easiest would be grocery/departmental (5411)

 

[iamgroot]

b

Food, Entertainment, Shopping and Travel at certain MCC's.

MCC list given on Axis site.

Easiest would be grocery/departmental (5411)

bro tell me app where u do txn.

 

[iamgroot]

@6ix9ine bhai has kyu raha he agar batana nhi he😢

 

[Shubham7]

@6ix9ine bhai has kyu raha he agar batana nhi he😢

Are Amazon app se gv lelo weekend pr ya phonepe se gv buy kr lena . Merchant name phonepe gift card hona chahiye to hi 5% cashback milega . Last month mene 20k gv liya hai 15 nov ko pata chalega cashback aaya ya nahi . Update kr dunga cb Mila to

 

[soccer]

b

bro tell me app where u do txn.

5411 is an example- BB would work for that.

Any merchant that meets these MCC's tbh.

(https://www.axisbank.com/docs/default-source/default-document-library/liberty-cashback-tnc.pdf)

 

[6ix9ine]

@6ix9ine bhai has kyu raha he agar batana nhi he😢

Bataya toh bhai lekin tumne dekha ki yaha toh mehnat hai, toh ignore mardiya woh answer 🤣

Uske baad toh hasunga hi mai 🤣 🤣

Post in thread 'Axis Bank Liberty Savings Account Benefits'

Nov 13, 2024

weekend cashback ke liye kahna txn karna hota he?

First post padho, waha mcc list given hai.

Jaha transaction kar rhe ho waha ka mcc pata karo then list se compare karo, if mcc match kar rha hai toh 5% milega else not.

• 6ix9ine