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Axis Bank Liberty Savings Account Benefits

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The first post in this thread is a WikiPost, and can be edited by anyone with the appropriate permissions.
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.


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.

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

★ Conditions:-

**Check the list of eligible MCCs for the Weekend 5% Cashback at the link below.** 👇

^Check the list of excluded spends/MCCs for the NMC waiver at the link below.^ 👇


Screenshot 2025-10-21 114516.webp


★ 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/-



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 31th December, 2025 for all existing as well as new customers. Customers who qualify for this benefit basis the transactions done till 31st December, 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/
 
Last edited by 6ix9ine:
3 ghante phle account activate ka message aaya , lekin abhi tak account details show nhi kr rha, UPI link krne kliye ja rha tab bhi no account details dikha rha. Mere paas already credit card tha axis bank ka. Kya kru guys?
 
3 ghante phle account activate ka message aaya , lekin abhi tak account details show nhi kr rha, UPI link krne kliye ja rha tab bhi no account details dikha rha. Mere paas already credit card tha axis bank ka. Kya kru guys?
It took 4-5 working days even u have existing relationship with axis
 
Same day two sms from Axis, ex-Citi customers, no more grace period, fasak already started 🔪🔪🔪

Sms 1
Your Debit Card for Axis Bank A/c no. XXXXXX has been dispatched to address on 29-10-24 via BLUEDART courier. Click https://xxx to track delivery.

Sms 2
Your A/c XX may have low balance in Oct24. Pls maintain balance in Nov24 to avoid charges. You have an option to convert your existing Savings A/c to Basic Savings A/c with limited features subject to eligibility. Visit website/Internet Banking/Axis Bank branch for details. Ignore if A/c is funded.
 
Same day two sms from Axis, ex-Citi customers, no more grace period, fasak already started 🔪🔪🔪

Sms 1
Your Debit Card for Axis Bank A/c no. XXXXXX has been dispatched to address on 29-10-24 via BLUEDART courier. Click https://xxx to track delivery.

Sms 2
Your A/c XX may have low balance in Oct24. Pls maintain balance in Nov24 to avoid charges. You have an option to convert your existing Savings A/c to Basic Savings A/c with limited features subject to eligibility. Visit website/Internet Banking/Axis Bank branch for details. Ignore if A/c is funded.
SMS 2 is permanent from axis every month. I recieve it even though my MAB is maintained.
 
Can you confirm if you can login in axis net banking if yes activate debit card and set pin but after UPI registration immediately close it.
I can login in net banking but I don't want to activate the debit card, who knows they might impose charges if I activate it . Typical 🪓 bank
 
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The first post in this thread is a WikiPost, and can be edited by anyone with the appropriate permissions.
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