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 15th November, 2025 for all existing as well as new customers. Customers who qualify for this benefit basis the transactions done till 15th November, 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/

 

[MVC]

It is hard to liquidate phone pe gv and already getting the GV at 4% Discount

 

[Manishg]

It is hard to liquidate phone pe gv and already getting the GV at 4% Discount

From which app

 

[Manishg]

Does this work for payment to any merchant?

Or only those with PP merchant QR and who have wallet payments specifically enabled?

Mostly nowadays phonepe merchants are there in market and 99 percent of them allows payment through gift cards. In my area almost 60 percent qrs accept phonepe gift card and if you know snapay then you can do that trick also😁.

 

[Manishg]

It is hard to liquidate phone pe gv and already getting the GV at 4% Discount

Can also purchase flip kart gift card and Amazon gift card from their apps as well as from phonepe or other merchants which you know they provide discount on top of card cash back like magicpin or phonepe there also this card gives five percent cash back + also count in 25000 and 60000 spend monthly and quarterly respectively. This way no headache of purchasing gift cards and checking MCC using credit cards like SBI cash back and most users who don't have that card.

 

[Rohith-2009]

Can also purchase flip kart gift card and Amazon gift card from their apps as well as from phonepe or other merchants which you know they provide discount on top of card cash back like magicpin or phonepe there also this card gives five percent cash back + also count in 25000 and 60000 spend monthly and quarterly respectively. This way no headache of purchasing gift cards and checking MCC using credit cards like SBI cash back and most users who don't have that card.

If we purchase gift card from flipkart, will we get 5% weekend cashback from liberty DC?

 

[BhaiyaJi]

Reminder to complete quarterly spendings for a voucher of 750 INR.

 

[Anupama_Jha]

Remainder to complete quarterly spendings for a voucher of 750 INR.

1st Dec ko hi ho gaya 🤪

 

[MVC]

1st Dec ko hi ho gaya 🤪

Kaise kiya ?

 

[runzone]

1st Dec ko hi ho gaya 🤪

Hame bhi batado yar 😭

 

[Anupama_Jha]

Kaise kiya ?

Hame bhi batado yar 😭

Few banks still allows payments more than billed amount😉

Baaki, I jainwinly paid cc dues.

 

[MVC]

Few banks still allows payments more than billed amount😉

Baaki, I jainwinly paid cc dues.

Portal where you did?

 

[kuchbhikuchbhi is verified member.]

Few banks still allows payments more than billed amount😉

Baaki, I jainwinly paid cc dues.

Tagdi angrezi hai aapki 😏

 

[Anupama_Jha]

Portal where you did?

 

[Anupama_Jha]

Tagdi angrezi hai aapki 😏

 

[MVC]

View attachment 77132

Any other portal?

 

[Anupama_Jha]

Any other portal?

 

[kuchbhikuchbhi is verified member.]

View attachment 77135

Gpt ne achcha nahi banaya
No mjo

 

[Manishg]

If we purchase gift card from flipkart, will we get 5% weekend cashback from liberty DC?

Yes it will work

 

[Shubham7]

View attachment 77132

Ye konsa *SETU* hai 🤔🤔🤔

 

[6ix9ine]

Ye konsa *SETU* hai 🤔🤔🤔

Indian ocean 🌊