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Axis Bank Liberty Savings Account Benefits

VISHESH_BANSAL

TF Pioneer
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.


Screenshot_2024-02-02-21-29-44-415-edit_com.google.android.gm.jpg

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* 👇





One Domestic Lounge Access Per Quarter.



** Find Excluded Spends/MCCs for NMC waiver and 750 GV at Below Link** 👇



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
 
Last edited:
last seen 25 mins! @iamabhisekagar
forehead-slap-slapping-forehead.gif
 
Hye guys, I just checked Liberty account t&c and found that only 15 transactions free per month. Is this recently implement by Axis bank only on all savings account type? or was it there always? Never noticed this before. Are other banks also apply same 15T/mo rule like HDFC, ICICI?
 
Hye guys, I just checked Liberty account t&c and found that only 15 transactions free per month. Is this recently implement by Axis bank only on all savings account type? or was it there always? Never noticed this before. Are other banks also apply same 15T/mo rule like HDFC, ICICI?
Check it. They have mentioned it unclearly. Are this 15 transaction includes transfer form mobile & net banking.

I don't think hdfc & icici have this kinda rule.
 
Now, I understand why your txns are not fetching 5%

Axis chuu excluded Departmemtal Store MCC-5311.

This MCC is the Actual and Main MCC for Departmental Stores and Axis Chuu Excluded it and Included other Similar MCCs on the name of Departmental Stores which are not used commonly by Acquiring Bank for a Departmental Store.

So Swipe your Liberty DC only at that POS where One Card is reflecting Groceries.

Special Thanks to @Tejo for pointing it out.
Even in the transactions that are reflected as grocery on Onecard. I have not received cashback for the same, will retry and confirm it for July month. Basically I know a grocery/pos merchant near me. I pay him 1% for debit card and get flat 4% back !
 
Even in the transactions that are reflected as grocery on Onecard. I have not received cashback for the same, will retry and confirm it for July month. Basically I know a grocery/pos merchant near me. I pay him 1% for debit card and get flat 4% back !
Main Groceries MCC is 5411, So I thought it would be same in your case also and this MCC is eligible for 5%

It is possible merchant POS is tagged with any other Similar MCC which One Card is considering under Groceries but Axis Excluded it.
 
Vishesh and I have clearly instructed you to go through the first post. If you had done so, you wouldn't have kept repeating yourself. Moreover, you are now mentioning some other post. 🤣

"Axis Liberty Savings Account is the Best Savings for those who can
Spend 10,000 INR Per month On Fuel, Entertainment,Shopping and Travel via Axis Liberty Debit Card
(Txns Done on Saturday and Sunday will be Considered)"

This is taken from Vishesh's post because I cannot type the entire thing and explain it again. I have also highlighted the reason why you are not getting those vouchers.
I've been following this thread for sometime and thinking of opening this account soon. You guys are helping a lot of people here, great job, keep it up.

Special mention and thanks to @VISHESH_BANSAL

By the way, I think the first post of this thread has a typing error. Spend 10000 on weekends category doesn't include FUEL. It should have been FOOD.

@VISHESH_BANSAL you might want to correct it before someone spends 10000 on fuel only to realise later that there was no cashback on it.
 
I've been following this thread for sometime and thinking of opening this account soon. You guys are helping a lot of people here, great job, keep it up.

Special mention and thanks to @VISHESH_BANSAL

By the way, I think the first post of this thread has a typing error. Spend 10000 on weekends category doesn't include FUEL. It should have been FOOD.

@VISHESH_BANSAL you might want to correct it before someone spends 10000 on fuel only to realise later that there was no cashback on it.
Done.
It was not typing Error, it was Actually Fuel, later Axis Changed it to Food.
 
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