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/

 

[akilmds]

Citi migrated customers, don’t think this account is any beneficial for us. In mails, they are sending that all the benefits are similar to the existing liberty debit card but in tnc, it looks like entirely different.

No weekend cashbacks, quarterly vouchers and so on. Time to say good bye, not a pleasant short stint.

View attachment 76152

SureShot @Abhishek012 @6ix9ine @soccer -
I am a CITI migrated customer and I have received the quarterly voucher for the last Q.
AFAIK only the weekend cashback is not applicable with the old Citi card. (might still get the cashback with replaced Ax-is card - To be confirmed).
Additional benefits for Citi Peeps:
1. No DC annual charges.
2. 0.8% reward rate as ERs for DC transactions - no limit. (use it for .... YKWIM)
3. No need to maintain MAB of 25K in savings account. Only Total Relationship Value - TRV is considered ( 25K combined in saving acc/deposits/mutual funds).

 

[prathamemesh]

I saw some old comments in this thread that the "flat 10% cashback" on Flipkart is only valid for 6 months from the date of opening the account. Although accounts page on Axis website says "every time you shop on Flipkart via Grab Deals". Is there any way to confirm this?

Ref: Axis Bank - Digital Savings A/C Webpage

 

[shivamk]

I saw some old comments in this thread that the "flat 10% cashback" on Flipkart is only valid for 6 months from the date of opening the account. Although accounts page on Axis website says "every time you shop on Flipkart via Grab Deals". Is there any way to confirm this?

Ref: Axis Bank - Digital Savings A/C Webpage

Its for 180 days. In October grabdeals showed this in TnC

 

[rextg]

I have opened liberty account on 22 Dec 2023. I have planned to close it after 1 year. Thee debited debit card charges today.
Why did they debit annual Debit card charge even before a year?
Is there any way I could get those charges and close my account without any charges?

 

[surojitLaha]

Anyone received November weekend voucher?

 

[6ix9ine]

Anyone received November weekend voucher?

15th baad check karna

 

[surojitLaha]

15th baad check karna

Okay bro thik h

 

[Strange]

Use Parkplus/Freecharge if you want to Pay CC Bills via UPI

Is this still working for NMC waiver and quarterly gift card?

If I do UPI P2M transaction to offline merchant then will I get quarterly gift card and NMC waiver? @varun__goel_ @6ix9ine

 

[Deleted member 2540]

Is this still working for NMC waiver and quarterly gift card?

If I do UPI P2M transaction to offline merchant then will I get quarterly gift card and NMC waiver? @varun__goel_ @6ix9ine

Why do you think it will not count ?

 

[Strange]

Why do you think it will not count ?

This comment made me think about this.

Exclusions krdi upi par bhi inhine internally

Aur customers ko notify nhi kia

 

[Deleted member 2540]

This comment made me think about this.

Then Do txns keeping in mind Exclusions🤣
How can we tell you, your txns to offline merchant would get counted or not ?

 

[Strange]

Then Do txns keeping in mind Exclusions🤣
How can we tell you, your txns to offline merchant would get counted or not ?

HDFC RuPay CC se UPI txn karke MCC pta kar liya and wo MCC exclusions list me nahi hai. To count hona chahiye na NMC waiver and quarterly vouchers ke liye?

 

[varun__goel_]

Is this still working for NMC waiver and quarterly gift card?

If I do UPI P2M transaction to offline merchant then will I get quarterly gift card and NMC waiver? @varun__goel_ @6ix9ine

Axis se 2 gaj ki duri, bahut hai zaruri🙂‍↕️


Btw dc excluded vaale mcc dekhlo, vhi hai mostly saare upi ke liye bhi

 

[6ix9ine]

HDFC RuPay CC se UPI txn karke MCC pta kar liya and wo MCC exclusions list me nahi hai. To count hona chahiye na NMC waiver and quarterly vouchers ke liye?

If exclusion mai nhi hai toh hona chahiye lekin phir wahi baat, if mila nhi toh poori mehnat barbaad ho jayegi

CC bill kardo na, NMC + Quarterly dono ho jayega

If small bills, toh phir account close.

 

[bhaveshS]

Axis se 2 gaj ki duri, bahut hai zaruri🙂‍↕️


Btw dc excluded vaale mcc dekhlo, vhi hai mostly saare upi ke liye bhi

Account close kr k aalg hi anand hai

 

[Strange]

Account close kr k aalg hi anand hai

Kya kar diya Axis ne ki account close karna pada?

 

[Deleted member 2540]

HDFC RuPay CC se UPI txn karke MCC pta kar liya and wo MCC exclusions list me nahi hai. To count hona chahiye na NMC waiver and quarterly vouchers ke liye?

Obviously Count hoga hi.

@Pikachu. Bhai jara Z-Move 10,000,000 Volt wala Thunderbolt maarna @Strange pe jaise Aapne axis ko maara thha🤣

 

[bhaveshS]

Kya kar diya Axis ne ki account close karna pada?

Cashback dena bnd krdiya faltu m non maintenance charges vi laga deta tha or kbhi kbhi atm charge 2 baar phir @NShah @VISHESH_BANSAL @varun__goel_
@doraemon @Anil_Singh sbne bnd krdiya pareshan hokar

 

[Deleted member 2540]

Cashback dena bnd krdiya faltu m non maintenance charges vi laga deta tha or kbhi kbhi atm charge 2 baar phir @NShah @VISHESH_BANSAL @varun__goel_
@doraemon @Anil_Singh sbne bnd krdiya pareshan hokar

@its_karan ko bhul gaye. Yeh hi toh thhe sabse phle close karne wale

 

[Karan.]

@its_karan ko bhul gaye. Yeh hi toh thhe sabse phle close karne wale