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/

 

[SSV]

431731

So this is the card for those 200/ monthCB applies , right??.







Not the one that was given free for the Liberty holders...

 

[Deleted member 13721]

So this is the card for those 200/ monthCB applies , right??.
View attachment 24665

Yes 💯

Our E-Debit card is eligible for nothing 🤣

 

[SSV]

Yes 💯

Our E-Debit card is eligible for nothing 🤣

Hopefully I get Rs200 for my first ever transaction as per CC guy... GOod to know this on my first day guys.. I will confirm with CC guys and try to get the right paid one and close this crap..

Just now confirmed with AXIS CC,
For this Liberty Virtual debit Card the first transaction is eligible for 200 CB after 90 days.. This is what he confirmed.. This doesn't apply for monthly , it seems.

 

[Deleted member 13721]

But Vishesh is right they are indeed misrepresenting and twisting the facts. We may not be able to fight for the BMS offer, but the ₹200 CB and 2000 ER Points is worth giving Bamboo for. 🤣

 

[SSV]

My next question,
Will this virtual DC, eligible for 10% offers occssionally they run. If so it is worth to keep as there will be per cards caps applicable on those offers..

 

[ashwinkashwink is verified member.]

My next question,
Will this virtual DC, eleigble for 10% offers occssionally they run. If so it is worth to keep as there will be per cards caps applicable on those offers..

Yes it's applicable for offers

 

[Deleted member 13721]

My next question,
Will this virtual DC, eleigble for 10% offers occssionally they run. If so it is worth to keep as there will be per cards caps applicable on those offers..

Yes, it will be eligible.

 

[SSV]

Yes it's applicable for offers

Yes it's applicable for offers

Then no harm in keep this little baby as well, as it doesn't even occupy space in the wallet and no fees... I will keep it then..

 

[Deleted member 2540]

But Vishesh is right they are indeed misrepresenting and twisting the facts. We may not be able to fight for the BMS offer, but the ₹200 CB and 2000 ER Points is worth giving Bamboo for. 🤣

I will give reference number of Operation done by RBI on my behalf.

So that RBI gets an Idea, ki last Operation m kon si nerves dabaani rha gayi thii jo Axis waapis apni pe aagaya🤣

 

[Trust Me]

BTW, this AX*S guys are very cunning, it looks like... All the bonus rewards/CB they say they post after 90 days or 120 days.. so that everyone loses track of them...

HDFC also have similar policy of delayed rewards. But in my experience they have been much more honorable than Axis. They never miss the reward credits, and usually do it much sooner.

Axis are in a different league altogether. After they have missed credits a few times, I've learnt to completely ignore such delayed rewards from them, and usually use their cards only for instant discounts. I don't like having to beg for my rightful entitlements.

 

[SSV]

HDFC also have similar policy of delayed rewards. But in my experience they have been much more honorable than Axis. They never miss the reward credits, and usually do it much sooner.

Axis are in a different league altogether. After they have missed credits a few times, I've learnt to completely ignore such delayed rewards from them, and usually use their cards only for instant discounts. I don't like having to beg for my rightful entitlements.

Very Aptly said 👏👏
They should honor their words

 

[AritraSaha]

HDFC also have similar policy of delayed rewards. But in my experience they have been much more honorable than Axis. They never miss the reward credits, and usually do it much sooner.

Axis are in a different league altogether. After they have missed credits a few times, I've learnt to completely ignore such delayed rewards from them, and usually use their cards only for instant discounts. I don't like having to beg for my rightful entitlements.

Yeah, today i got a email from hdfc saying that they have reverse my account non maintainance charges.

Funny thing is i never got charged.😁

 

[Deleted member 16965]

Itna deep discussion chal raha hai ki TF ka server bhi ab hang kar raha hai 😅

 

[Anil_SinghAnil_Singh is verified member.]

Yeah, today i got a email from hdfc saying that they have reverse my account non maintainance charges.

Funny thing is i never got charged.😁

Free money

 

[SSV]

Very Aptly said 👏👏
They should honor their words

But have to say, they haven't missed anything for me as of now.. but NY relationship with them is only 10 months old

 

[SSV]

Itna deep discussion chal raha hai ki TF ka server bhi ab hang kar raha hai 😅

Ask them to scale up.

BTW it's all Axis fault

 

[Anil_SinghAnil_Singh is verified member.]

Hopefully I get Rs200 for my first ever transaction as per CC guy... GOod to know this on my first day guys.. I will confirm with CC guys and try to get the right paid one and close this crap..

What 200 offer? Its not applicable for free e-debit card.

 

[ashwinkashwink is verified member.]

What 200 offer? Its not applicable for free e-debit card.

Nope🥲

 

[SSV]

What 200 offer? Its not applicable for free e-debit card.

As per CC, for first ever transaction on Virtual dc it is eligible @1% upto 200..
Only for first ever ...

 

[Anil_SinghAnil_Singh is verified member.]

Nope🥲

I never got any. Don't blindly follow call center guys. Only take confirmation on email.