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Axis Bank Liberty Savings Account Benefits

VISHESH_BANSAL

TF Pioneer
Axis Liberty Savings Account is the Best Savings for those who can

Spend 10,000 INR Per month On Food, Entertainment, Shopping and Travel via Axis Liberty Debit Card
and
Spend 15,000 INR Per Month at any Merchant ** via UPI or Axis Liberty Debit Card.

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


A Zero Balance Account.

Condition:-
Merchant Spends** of 25k/Month is required to get NMC Waiver for that Particular Month.


A Voucher of 750 INR per Quarter.

Condition:-
Merchant Spends** of 60k/Quarter is Required.

Redemption Link:- https://www.gyftr.com/rewards/axisbankspendscampaign/


5% upto 500 INR Cashback Per Month.

For Birthday Month Cashback Amount is 5% upto 1,000 INR.


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

Condition:-
● Spends* Done at Selected Merchant Categories mentioned above will only be Considered.
●Txns Done on Saturday and Sunday will only be Considered.


Redemption can be done

Via Internet Banking 👇

Menu》Services》Other》Debit Card Cashback

Or
Via Mobile App 👇

Menu》Service Request》Cards and Forex》Debit Card Cashback



*Find Eligible MCCs for Weekend 5% Cashback at Below Link* 👇





One Domestic Lounge Access Per Quarter.



** Find Excluded Spends/MCCs for NMC waiver and 750 GV at Below Link** 👇



Note:- Now, You can Open Liberty Account Digitally and You will get a Virtual Debit Card as well along with the Physical Liberty Debit Card.

But Beware, the Virtual Debit Card issued with Digital Axis Liberty Account is not an E-debit Card which is issued by Axis Bank with other Digital Account Variants.

OVERALL Benifits
1000*01
500*11
750*04

Total- 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
 
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Slightly off topic, but Vishesh ji, is there any other bank account/debit card that offers similar benefits to this one?

3-5% cashback for a variety of things and decently maintainable MAB.

I'm aware of Kotak (only for 811 though; not for regular accounts) and HSBC & SC (probably impossible to get for normal middle class customers)

Any others?
 
Complain on RBI ombudsman if you want refund of maintenance charges or otherwise let the bank do injustice to you. Maybe you get compensation also. Present the case in very detail on ombudsman. You can get.
Yeah I have escalated to nodal officer.
 
Slightly off topic, but Vishesh ji, is there any other bank account/debit card that offers similar benefits to this one?

3-5% cashback for a variety of things and decently maintainable MAB.

I'm aware of Kotak (only for 811 though; not for regular accounts) and HSBC & SC (probably impossible to get for normal middle class customers)

Any others?
Other then Axis Liberty, Indus Delite & Kotak 811 Super gives 5% cashback on certain categories. HSBC salary account customers also get 5% on debit card spends. IDFC customers gets RPs on debit card spends based on the account variant. Fi Money gives 2-3% on UPI/Debit Card spends based on account variant.

Tata Neu Infinity CC gives 1.5% on UPI spends and 5% on Tata brands. Kiwi CC gives 2% on scan & pay and other payments online. Axis Ace & HSBC gives 1.5% on offline spends plus later gives 10% on groceries. SBI Cashback gives 5% on online payments. Airtel Axis CC gives 25% on airtel bills, 10% on other bills, 10% on swiggy & zomato. Swiggy CC gives 10% on Swiggy & 5% on online payments. Axis Flipkart & Amazon ICICI CC's gives 5% respectively.
 
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