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/

 

[varun__goel_]

URGENT

Trying to pay cc bill using liberty dc through paytm but payment getting failed.
Today is last day. Please someone tell me how to pay cc bill using liberty dc to be eligible to be counted as 60k quarterly milestone.

thanks

Pay using mobikwik, cc bill via axis dc is failing for max users on paytm

 

[varun__goel_]

If amount is greater than 50k try to use mobikwik+ Flipkart supercoin coupon for 200 cb.

Payment type as Other UPI apps> Gpay from mobikwik

Naah, don't use them. Mostly payments get stuck and take more than a week for refund.

 

[telescope]

Try Mobikwik or Cheq

Pay using mobikwik, cc bill via axis dc is failing for max users

mobikwik worked. hope the transaction will get counted for both MAB waiver and quarterly cashback.

for payments through UPI, the payment has to be from axis mobile UPI handle or any UPI app liked to liberty account will be counted as valid spends?
also, when this quarterly 750 voucher comes?

 

[varun__goel_]

mobikwik worked. hope the transaction will get counted for both MAB waiver and quarterly cashback.

for payments through UPI, the payment has to be from axis mobile UPI handle or any UPI app liked to liberty account will be counted as valid spends?
also, when this quarterly 750 voucher comes?

Yes it is counted. Don't worry. I have also paid prev month via mobikwik only. UPI transactions can be made from any upi app, just should appear in statement as P2M

 

[krishc]

mobikwik worked. hope the transaction will get counted for both MAB waiver and quarterly cashback.

for payments through UPI, the payment has to be from axis mobile UPI handle or any UPI app liked to liberty account will be counted as valid spends?
also, when this quarterly 750 voucher comes?

paying via UPI through CRED is considered for the 60K quarterly thing as well as monthly 25K
I'm doing it ever since opened the account in April

 

[ksen13]

paying via UPI through CRED is considered for the 60K quarterly thing as well as monthly 25K
I'm doing it ever since opened the account in April

That means if I pay credit card bill through cred UPI will it be counted for 25,000 AMB waiver for that month ??
And also if I pay like this through CRED and acheive spends of 60,000 in a quarter will I get 750 quarter ly milestone benefits??

 

[varun__goel_]

That means if I pay credit card bill through cred UPI will it be counted for 25,000 AMB waiver for that month ??
And also if I pay like this through CRED and acheive spends of 60,000 in a quarter will I get 750 quarter ly milestone benefits??

Yes yes yes....

 

[Deleted member 23535]

loading paytm wallet, gives milestone voucher or not?

 

[telescope]

loading paytm wallet, gives milestone voucher or not?

I think it doesn't. Though technically it should be.

 

[SSV]

loading paytm wallet, gives milestone voucher or not?

Yes . . any P2M transaction qualifies.. check the description after the transaction in AXIS app.. it will show as P2M..

 

[SSV]

That means if I pay credit card bill through cred UPI will it be counted for 25,000 AMB waiver for that month ??
And also if I pay like this through CRED and acheive spends of 60,000 in a quarter will I get 750 quarter ly milestone benefits??

Yes.... dear...
you already quoted the same confirmative comment and asked the same questions.. It seems you needed multiple confirmations... Here it is another confirmation....
Enjoy Liberty !!!

 

[Deleted member 23535]

Yes . . any P2M transaction qualifies.. check the description after the transaction in AXIS app.. it will show as P2M..

Tq
If i open axis liberty savings account(salary account) will they issue this dc for free?
And imps txns free or not?

 

[SSV]

If i open axis liberty savings account(salary account) will they issue this dc for free?

NO.. its paid DC.
Joint Card: Issuance Fees
Rs.200
Joint Card: Annual Fees
Rs.300

And imps txns free or not?

Chargeable

However, No MAB requirements..

More details here..

Liberty Salary Account - Features & Benefits - Axis Bank

Liberty Salary Account by Axis Bank gives you free NEFT transactions along with zero opening deposit and many more. Know more about its features & benefits online.

www.axisbank.com

 

[AritraSaha]

Tq
If i open axis liberty savings account(salary account) will they issue this dc for free?
And imps txns free or not?

Debit card should be free for salary account... Also no need to maintain MAB.

I think imps is chargeable..

 

[Deleted member 2540]

Tq
If i open axis liberty savings account(salary account) will they issue this dc for free?
And imps txns free or not?

It is better , if you visit Schedule of Charges Page and Read all Charges yourself.

Just type Axis Fee and Charges on Google and You will get the link of Axis Schedule of Charges.

 

[Deleted member 13721]

Tq
If i open axis liberty savings account(salary account) will they issue this dc for free?
And imps txns free or not?

This should answer all your questions:

Fees and Charges

 

[phoenix1386]

Axis Bank Liberty Savings Account Benefits

Why didn't you opted for Liberty DC?

www.technofino.in

I got an Online Rewards card issued to me in February 2023, and it is on the Mastercard network. Unless the Libery-branded cards are somehow different.

 

[Rohith-2009]

Tq
If i open axis liberty savings account(salary account) will they issue this dc for free?
And imps txns free or not?

Yes and I have liberty salary account. They didn't charge joining and annual fees.

 

[another]

Has IndusInd discontinued Max Active Account? No information is there on their website.

 

[ksen13]

Yes.... dear...
you already quoted the same confirmative comment and asked the same questions.. It seems you needed multiple confirmations... Here it is another confirmation....
Enjoy Liberty !!!

Bro it's not about multiple confirmations...
Actually I am trying to figure out opinion from different people in this group as I don't trust axis.... Previously I have EASY ACCES ACCOUNT which I have closed three months ago ...

So again I am planning to open an axis liberty account & I am not planning to maintain such a Huge balance in axis and give them consolidated charges....


And also this thread was quite long and that was a little bit confusing
I think @VISHESH_BANSAL has created this thread when axis was issuing liberty account on 10,000 AMB a long time ago....so I am confirming just once