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 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/

 

[Anil_SinghAnil_Singh is verified member.]

Does Paytm wallet load counts for 25k spending?

I read that it does count. But, dont risk it.

 

[kochiro]

I read that it does count. But, dont risk it.

Actually I wanted to use hdfc dc and I already spent 60k on axis card

 

[Anil_SinghAnil_Singh is verified member.]

Actually I wanted to use hdfc dc and I already spent 60k on axis card

If you have Kotak 811 then load money using Liberty DC and then transfer from Kotak to HDFC.

 

[Rohan]

Hi,
Most of our members hold Axis Bank Liberty savings account. As per the T&C, we will get 5% cashback upto 500 for the spends on Saturday and Sunday.

In this thread let's share various tricks to get that 5% and maximize the rewards

I used to believe people get 5% cashback but No, Out of 100 only 8~10 get 5% cashback. I tired everything and spent on eligible category but didn't get single rupee till now on that 5% cashback offered by liberty account. You can use this account to get axis pre-approved offers and 750rs voucher that's all this account worth of spending 25K or AMB.

 

[kochiro]

If you have Kotak 811 then load money using Liberty DC and then transfer from Kotak to HDFC.

Works 100%

 

[Anil_SinghAnil_Singh is verified member.]

Works 100%

Yes. Already shared by many in this thread. Check this thread from starting.

 

[Deleted member 2540]

Works 100%

Work to Paytm Wallet bhi karega.
Axis pe Trust karte ho toh Wallet se Golmaal karlo.

 

[Deleted member 2540]

I used to believe people get 5% cashback but No, Out of 100 only 8~10 get 5% cashback. I tired everything and spent on eligible category but didn't get single rupee till now on that 5% cashback offered by liberty account. You can use this account to get axis pre-approved offers and 750rs voucher that's all this account worth of spending 25K or AMB.

Till date I have received 5% CashBack
Now after my recent RBI Complaint, Axis Made the redemption Process Automated.

Now You can redeem eligible 5% CashBack from Netbanking.

This feature is already Live.

If you are sure that your spends are eligible, you should raise the complaint with Axis and With RBI BO, if required

I did the Same from past 3 years and this year I raised the Matter with RBI BO.

Axis received a Bamboo in its A** from RBI BO
and
Now Axis made the Voucher and Weekend 5% CashBack Redemption Process Automated

 

[kochiro]

Yes. Already shared by many in this thread. Check this thread from starting.

OwO thank you

 

[tryabptryabp is verified member.]

Use Amazon and Pay via Axis Netbanking.

Mobikwik is hit and miss, Mobikwik change MCC frequently sometimes MCC belongs to Utility and Sometimes MCC belongs to Wallet Load. I do test txn using HDFC Miillennia PREPAID Card of Rs. 1 whenever possible because HDFC Millennia PREPAID Card shows MCC of the Merchant in txn details and then I decide best debit or credit card for that MCC.

Good idea! Does this work on all HDFC Prepaid Cards ?

 

[sums]

has anyone tried to block sms and physical debit card inorder to save charges (around 400+ per year) and still reaping 750 GV(per quarter) benefit using virtual debit card and upi?

 

[krishc]

has anyone tried to block sms and physical debit card inorder to save charges (around 400+ per year) and still reaping 750 GV(per quarter) benefit using virtual debit card and upi?

Why would anyone block Liberty debit card ?
It has great features of its own

 

[Deleted member 2540]

Why would anyone block Liberty debit card ?
It has great features of its own

Woh great features lene ke liye Great Bamboo bhi lgta hai.

Abhi netbanking m option toh aagaya hai
Par cashback ki abhi bhi koi kabhar nhi hai.

 

[jack333]

Time to make your great bamboo dirty again has come 🤣

 

[Deleted member 2540]

Time to make your great bamboo dirty again has come 🤣

Iron Road use karne ka soch raha hu.🤣

Bamboo ka effect jada din nhi chlta

 

[irohitpragya]

Woh great features lene ke liye Great Bamboo bhi lgta hai.

Abhi netbanking m option toh aagaya hai
Par cashback ki abhi bhi koi kabhar nhi hai.

hey bro, how many bank accounts do you have?

 

[Deleted member 2540]

hey bro, how many bank accounts do you have?

Axis
Indusind
Kotak
RBL
HDFC
AU

Ab count karle total kitne ho gaaye

 

[irohitpragya]

Axis
Indusind
Kotak
RBL
HDFC

Ab count karle total kitne ho gaaye

not more than mine. haha

 

[Deleted member 2540]

Iron Road use karne ka soch raha hu.🤣

Bamboo ka effect jada din nhi chlta

Axis IRON ROD se daar gaya🤣
Either it's coincidence or Axis Rats are Present in the forum.

First time without any Complaint automatic Cashback E-Mailer aaya hai

Woh great features lene ke liye Great Bamboo bhi lgta hai.

Abhi netbanking m option toh aagaya hai
Par cashback ki abhi bhi koi kabhar nhi hai.

 

[jack333]

March is your birthday month?