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/

 

[BankExpertIndia]

Yes I Have This Account... Yes Axis Provide Pre-Approved Offers On This Account But For That You Have To Maintain The Balance...Yes It's Also Zero MAB On Merchants Spends (Like Amazon, Flipkart,Myntra,Fuel,Etc...).... You Can Claim Rs 750 Amazon Voucher On Quater Spends Of 60K

 

[ashwinkashwink is verified member.]

Yes I Have This Account... Yes Axis Provide Pre-Approved Offers On This Account But For That You Have To Maintain The Balance...Yes It's Also Zero MAB On Merchants Spends (Like Amazon, Flipkart,Myntra,Fuel,Etc...).... You Can Claim Rs 750 Amazon Voucher On Quater Spends Of 60K

Not all merchants 🤔

 

[TheTrickySid]

I was thinking to open a Axis Liberty account only to get a axis credit card.
Another benefit is 750rs per quarter on spends of 60k.
Also it's zero mab if one spends 25k per month.
I need some suggestions regarding it and if someone already have this account I would like to hear out from them as well.

So does axis provide pre approved LTF offer on this account.

 

[BankExpertIndia]

Do wallet reloads count for spends??

Nope...

Any spending milestones for Axis Priority account?

None For HNI Accounts!!!

 

[tiny]

Any spending milestones for Axis Priority account?

I dont know if you are looking for this answer but I read somewhere you can earn 2.5k quarterly on spending 25k quaterly from your priority debit card with 10% Cashback

 

[ujjawal]

I have paid credit card bill on Google pay using upi from Axis liberty account, does that count for 25K spend criteria?

 

[Batmanbaba]

Yes.

I have paid credit card bill on Google pay using upi from Axis liberty account, does that count for 25K spend criteria?

.. Its a merchant transaction...

 

[ujjawal]

Yes.
.. Its a merchant transaction...

Thanks for the confirmation

 

[TheTrickySid]

Yes I Have This Account... Yes Axis Provide Pre-Approved Offers On This Account But For That You Have To Maintain The Balance...Yes It's Also Zero MAB On Merchants Spends (Like Amazon, Flipkart,Myntra,Fuel,Etc...).... You Can Claim Rs 750 Amazon Voucher On Quater Spends Of 60K

Do wallet reloads count for spends??

 

[Batmanbaba]

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)

and

Spend 15,000 INR Per Month on any Merchant via UPI
or Axis Internet Banking or Axis Liberty Debit Card.

Suggestion: Pay Credit Card Bills worth 15,000 INR on Amazon via Axis Internet Banking or UPI

If we Fulfill Above Spending Criteria We get following Benifits in return:-

1. A Zero Balance Account.
2. A Voucher of 750 INR per Quarter.
3. 500 INR Cashback Per Month.
For Birthday Month Cashback Amount is 1,000 INR.

OVERALL benifits 750*4+1000+500*11=
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

They don't give that 5% weekend.... Multiple people have confirmed here on this forum.... But yes they do give quaterly spend benefits...

U can also fulfill the criteria by transferring money to your own paytm/phone merchant account... Or by adding money in paytm wallet using liberty debit card... Or by adding money uaing axis netbanking /debit card in kotak 811/indusind bank

 

[Deleted member 2540]

They don't give that 5% weekend.... Multiple people have confirmed here on this forum.... But yes they do give quaterly spend benefits...

U can also fulfill the criteria by transferring money to your own paytm/phone merchant account... Or by adding money in paytm wallet using liberty debit card... Or by adding money uaing axis netbanking /debit card in kotak 811/indusind bank

I am Receiving all benefits Properly.
And for weekend Cashback just DM Axis Twitter Handle after end of Every Quarter they will raise a service request and then they will share with you date on which they fulfill Weekend Cashback and Voucher offer for Previous Quarter.

Just DM Axis Support Twitter Handle after end of Every Quarter and You will Receive 1,500 INR Cashback for 3 Months and 750 Voucher

Weekend Cashback is applicable on Specific Merchant Categories. If your Txn is eligible they will definitely credit weekend Cashback.

There is no Proper Time Frame decided by Axis Bank for Crediting weekend Cashback.

I generally DM Axis Twitter Handle Once a Quarter and all benefits gets Processed in same month.

 

[Batmanbaba]

I am Receiving all benefits Properly.
And for weekend Cashback just DM Axis Twitter Handle after end of Every Quarter they will raise a service request and then they will share with you date on which they fulfill Weekend Cashback and Voucher offer for Previous Quarter.

Just DM Axis Support Twitter Handle after end of Every Quarter and You will Receive 1,500 INR Cashback for 3 Months and 750 Voucher

Weekend Cashback is applicable on Specific Merchant Categories. If your Txn is eligible they will definitely credit weekend Cashback.

There is no Proper Time Frame decided by Axis Bank for Crediting weekend Cashback.

I generally DM Axis Twitter Handle Once a Quarter and all benefits gets Processed in same month.

On which websites have you got weekend cashback till date....??? Have you got on any wallet loading...!!!??

 

[Deleted member 2540]

Paytm Merchant. Before making Txns via Liberty Debit Card , confirm the merchant Category by making Txn of Rs. 1 via OneCard.

 

[Batmanbaba]

Paytm Merchant. Before making Txns via Liberty Debit Card , confirm the merchant Category by making Txn of Rs. 1 via OneCard.

I donT think paytm merchant account allows debit card payment...

 

[Deleted member 2540]

It allows but deducts MDR @0.472%(including GST) for Txns less than or Equal to Rs.2,000

 

[BankExpertIndia]

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)

and

Spend 15,000 INR Per Month on any Merchant via UPI
or Axis Internet Banking or Axis Liberty Debit Card.

Suggestion: Pay Credit Card Bills worth 15,000 INR on Amazon via Axis Internet Banking or UPI

If we Fulfill Above Spending Criteria We get following Benifits in return:-

1. A Zero Balance Account.
2. A Voucher of 750 INR per Quarter.
3. 500 INR Cashback Per Month.
For Birthday Month Cashback Amount is 1,000 INR.

OVERALL benifits 750*4+1000+500*11=
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

Good Calculations Bro...

 

[Batmanbaba]

It allows but deducts MDR @0.472%(including GST) for Txns less than or Equal to Rs.2,000

What about above 2000....is it free...??

For rupay cards its free but I know... Liberty is only on visa platform

 

[ashwinkashwink is verified member.]

Liberty is only on visa platform

I think mc is also there right?

 

[Deleted member 2540]

What about above 2000....is it free...??

For rupay cards its free but I know... Liberty is only on visa platform

Above Rs. 2,000 MDR is
1.062%( including GST)