Axis Bank Liberty Savings Account Benefits

[Deleted member 2540]

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.



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* 👇

https://www.axisbank.com/docs/default-source/default-document-library/liberty-cashback-tnc.pdf

■
One Domestic Lounge Access Per Quarter.

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

https://www.axisbank.com/docs/default-source/default-document-library/liberty-savings-account-lifestyle-benefits-terms-and-conditions.pdf

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

 

[Strange]

I purchased phonepe gift card from phonepe previous month but didn't receive any cashback till now.

Merchant Name :- PHONEPE PVT LTD 5947

I think it's government MCC not 5947. You won't get any cashback for this txn.

 

[jeevanreddy58]

Good, then you will also get it soon

Hi @SSV @Strange
Opened an Axis Liberty account for my spouse in June and received a Liberty Debit Card. Later, I added this account to my Family Banking setup, as I hold a Burgundy Salary account.

In June, I made a purchase worth ₹60,000 on Cred using the Liberty Debit Card, and the transaction is categorized as P2M. However, I haven’t received the cashback yet.

Could you please confirm if Liberty accounts linked under Family Banking are eligible for quarterly spend-based cashback benefits?

 

[SSV]

Hi @SSV @Strange
Opened an Axis Liberty account for my spouse in June and received a Liberty Debit Card. Later, I added this account to my Family Banking setup, as I hold a Burgundy Salary account.

In June, I made a purchase worth ₹60,000 on Cred using the Liberty Debit Card, and the transaction is categorized as P2M. However, I haven’t received the cashback yet.

Could you please confirm if Liberty accounts linked under Family Banking are eligible for quarterly spend-based cashback benefits?

I have no experience in family banking ..
Sorry, can’t help you in this regard...

 

[hender]

Hi @SSV @Strange
Opened an Axis Liberty account for my spouse in June and received a Liberty Debit Card. Later, I added this account to my Family Banking setup, as I hold a Burgundy Salary account.

In June, I made a purchase worth ₹60,000 on Cred using the Liberty Debit Card, and the transaction is categorized as P2M. However, I haven’t received the cashback yet.

Could you please confirm if Liberty accounts linked under Family Banking are eligible for quarterly spend-based cashback benefits?

It's already Burgundy !!! Now you are entitled for burgundy benefits.
(Under family banking)

 

[6ix9ine]

It's already Burgundy !!!
(Under family banking)

+1, I am thinking same as hender.

If you are clubbing a normal account into burgundy family. Obviously, all the accounts become burgundy as well. (Not 100% sure though)

 

[jeevanreddy58]

+1, I am thinking same as hender.

If you are clubbing a normal account into burgundy family. Obviously, all the accounts become burgundy as well. (Not 100% sure though)

but my cards are not upgraded.. still using Liberty DC only..

 

[6ix9ine]

but my cards are not upgraded.. still using Liberty DC only..

Don't think that matters, for example in HDFC. If I am using a platinum debit card and move towards classic/preferred/imperia. My DC doesn't get replaced either.

In my opinion, if you are going to spend 60K in a quarter, what's the issue in keeping MAB? You are earning interest on that amount + mental peace.

Of course, there will be some 🪓 charges but those are for everyone.

If I remember correctly, @Strange is also under family, but all of his accounts are under liberty variant, that's why it's working smoothly for him.

 

[hender]

but my cards are not upgraded.. still using Liberty DC only..

First check in net banking or mobile app.
It's been upgraded to burgundy?
Than Raise a request, DC and Cheque book.
premium.experience@axisbank.com
Cheque book request Axis do accept at WhatsApp also.

 

[jeevanreddy58]

First check in net banking or mobile app.
It's been upgraded to burgundy?
Than Raise a request, DC and Cheque book.
premium.experience@axisbank.com
Cheque book request Axis do accept at WhatsApp also.

I am not interested in Burgandy services.. thats why I opened Liberty account.
Tagged to family banking bcaz Liberty account do nt need to maintain MAB

 

[hender]

I am not interested in Burgandy services.. thats why I opened Liberty account.
Tagged to family banking bcaz Liberty account do nt need to maintain MAB

You are mixing both.
If you need Liberty benefits, leave the burgundy program.