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/

 

[tharun]

If I book a FD of 1L for 12months in Oct 25

Good

NMC waiver will applied for only Oct 25 or will it applied for Oct 25 to Sept 26

Only for oct 2025

*Keep a note that instead of 1lakh and 1year better deposit ₹1,00,001 for 1year 1day

 

[Lalsingh22]

Good

Only for oct 2025

*Keep a note that instead of 1lakh and 1year better deposit ₹1,00,001 for 1year 1day

If I done a transaction of 25K on Local Merchant QR through UPI, Is it comes under 25K Spending criteria ?

 

[tharun]

If I done a transaction of 25K on Local Merchant QR through UPI, Is it comes under 25K Spending criteria ?

Idk
In my case I just hold 25k exactly and leave it there and only use for quarterly voucher

 

[Vas2398]

so paying cc bill via amazon wont be qualified--- ? Transaction shows as "P2M/UPI/amazon....."

 

[AllThatStuff]

Is the cc bill payment txns. via cred using Axis upi / netbanking still eligible for quarterly 750 voucher ??

 

[6ix9ine]

Is the cc bill payment txns. via cred using Axis upi / netbanking still eligible for quarterly 750 voucher ??

 

[SSV]

Is the cc bill payment txns. via cred using Axis upi / netbanking still eligible for quarterly 750 voucher ??

It is until now for the last 2 years or so...
Let's see if the new rules have impacted or or not in the next voucher time

 

[uipolo]

It is until now for the last 2 years or so...
Let's see if the new rules have impacted or or not in the next voucher time

Do they give Pre-approved cc offer in this account variant,?
I also opened Liberty saving account 2 months ago , Maintained 0 balance in Last 2 month( waived by spending criteria) but now after gerting Millennia cc I have moved my all funds from HDFC account to Axis account and planning to get AXIS AIRTEL CC.

Any tips to get Pre-approved cc offer easily and earlier and also with high limit like 100k.

 

[uipolo]

Axis bank charged my LIBERTY saving account for POS DECLINE FEE of amount Rs29.50 including gst . I am planning to write an email to Axis Bank to refund this charge as a gesture of goodwill.
But I don't know on which email Id should I request. If anyone knows please provide Email ID where I can send email and request refund 🙏

 

[Strange]

Axis bank charged my LIBERTY saving account for POS DECLINE FEE of amount Rs29.50 including gst . I am planning to write an email to Axis Bank to refund this charge as a gesture of goodwill.
But I don't know on which email Id should I request. If anyone knows please provide Email ID where I can send email and request refund 🙏

pno@axisbank.com
.
.

 

[saber.mbt]

Axis quarterly ₹750 gift voucher:

Spending ₹20,000/month or 60000/Quarter through your account (via debit card, UPI, or internet banking) only on eligible merchants


MAB waiver:

Spend or Maintain an Average Monthly Balance (MAB) of ₹25,000 or more in your account.

Or

Investing ₹1,00,000 or more in a Fixed Deposit (FD) of 12 months or more. This also waives the MAB requirement for that month.

 

[SSV]

1. Maintaining a Monthly Average Balance (MAB) of ₹25,000 in your account

Just this is not enough to get 750 voucher.
Need to spend 60k on eligible transactions..

 

[tharun]

eligible transactions..

Emphasis on eligible transactions

 

[iimadarsh]

Cred, Amazon count hoga :/

 

[saber.mbt]

Just this is not enough to get 750 voucher.
Need to spend 60k on eligible transactions..

Yes just read axis broucher. Only spends eligible. 25K MAB waives only non maintenance charges👍🏻

 

[cybergvm]

so paying cc bill via amazon wont be qualified--- ? Transaction shows as "P2M/UPI/amazon....."

Is the cc bill payment txns. via cred using Axis upi / netbanking still eligible for quarterly 750 voucher ??

Cred, Amazon count hoga :/

I made CC bill payment through Cred & Tata Neu. They are shown in Money Manager -> Spends under Payments with description Credit Card bill payment. So, CC bill payments will not be counted for 60K quarterly spends as per the revised T & Cs. If we still get the 750GV then it can only be luck.

 

[Vas2398]

I made CC bill payment through Cred & Tata Neu. They are shown in Money Manager -> Spends under Payments with description Credit Card bill payment. So, CC bill payments will not be counted for 60K quarterly spends as per the revised T & Cs. If we still get the 750GV then it can only be luck.

so does CC bills atleast count for 25000 MAB or not?

 

[cybergvm]

so does CC bills atleast count for 25000 MAB or not?

No as per the revised T&C. Any merchant transaction falling under the given MCCs will not count for 25K spends as well as quarterly GV. Please refer to the new T&C uploaded by @6ix9ine in this thread on 01.09.2025.

 

[6ix9ine]

No as per the revised T&C. Any merchant transaction falling under the given MCCs will not count for 25K spends as well as quarterly GV. Please refer to the new T&C uploaded by @6ix9ine in this thread on 01.09.2025.

First post is also updated, so it's easy to find for others.

 

[krishc]

In money manager, from last 2 months, proportion of CRED txn being detected as CC bill payment are progressively higher.
This month it is almost accurate.
Liberty hayday seems to be over.