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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:
Yeh last time hai Jab E-Mailer se Cashback Redeem hoga.

Yeh waala Cashback by 24th July Credit hoga.


Next Month se ya phir this Month se Netbanking se redeem kar sakege
Cashback of April'23 onwards
I too got the email from axis regarding Jan to March cashback. Redeemed it and showing me the same date as you said.
I mean you previously redeemed it right?
How many days it took to credit cashback to account.
 
How many days it took to credit cashback to accaccount.
Well last time I received the E-Mailer in Feb'23 and Credit date was 10th March.

But Cashback was not credited.
So I raised the Complaint directly with RBI BO and finally Cashback was Credited on 27th March.


Earlier , It was credited on time that is
Any time by the date which is mentioned after clicking redemption link

Now Axis will not repeat the mistake and Expect the Cashback any time by
24th July'23
 
  • Wow
Reactions: Rkr
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
Asli Cashback to RBI BO ne Diya h...😂
 
Asli Cashback to RBI BO ne Diya h...😂
Phle Axis Normal complaint pe de deta thha.

April'22 m Axis ko lakwaa mar gaya toh treatment ke liye RBI ke pass le jaana pada.

June'22 m First Mini Operation hua.

March'23 m second Final Operation hua and Axis ka Treatment Complete ho gaya

Abb Axis by God Grace thik thak Kaam kar raha hai
 
Last edited:
Phle Axis Normal complaint pe de deta thha.

April'22 m Axis ko lakwaa mar gaya toh treatment ke liye RBI ke pass le jaana pada.

June'22 m First Mini Operation hua.

March'23 m second Final Operation hua and Axis ka Treatment Complete ho gaya

Abb Axis by God Grace thik thak Kaam kar raha hai
Please share eligible MCC or merchant name for 5% cashback on weekends
 
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