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/

 

[akshayhs]

Do you mean, you had only credit card account with them and you closed it, became completely a non-user of any Axis services and then you have applied for Airtel and Ace to get it approved?

No. I closed my savings bank account relationship. Only credit card users are not classified as customers to Axis.

 

[CyberPsych]

No. I closed my savings bank account relationship. Only credit card users are not classified as customers to Axis.

When I try to apply Ace card through Google pay it shows "you have an existing relationship with Axis bank, try applying in Axis bank website".
I only hold a Flipkart Axis CC for the past 120+ days and never had/have any relationship with Axis bank in anyways.
(I don't even use UPI IDs that contains axis, e.g. @okaxis 🤣)

 

[sahudipak]

What will they do with cheque bro and exactly which amount of cheque u gave?

Will they deposit it in your Liberty account or is it jst cancelled cheque?

I also have axis bank previously and closed it and now only option to open again is through branch

cheque was for 25K and was used for initial funding for the liberty account. Bank person told me to fund the account for debit card charges once the account gets active.

 

[Cebu]

Wrong thread, but since most Axis users are present hence asking...

If I go through cred at Swiggy through which I get Bundl Technologies, do I get airtel cc cashback then aswell ? Thinking of utilising cred benefit aswell ...

 

[Deleted member 2540]

Wrong thread, but since most Axis users are present hence asking...

If I go through cred at Swiggy through which I get Bundl Technologies, do I get airtel cc cashback then aswell ? Thinking of utilising cred benefit aswell ...

y e s

 

[D₹V]

y e s

W o w

 

[Cebu]

y e s

Does going through cred works on Instamart aswell ?

 

[Deleted member 2540]

Does going through cred works on Instamart aswell ?

yes, in last statement I received cashback for Cred Txns

 

[gobsy]

What is the HDFC equivalent of liberty savings account? Also does opening it give better card offers from axis? Should I open it online or offline?

 

[Shubham Yadav]

What is the HDFC equivalent of liberty savings account? Also does opening it give better card offers from axis? Should I open it online or offline?

What kind of expectation you are holding currently ?

 

[gobsy]

What kind of expectation you are holding currently ?

Cashback on cc bill payment and credit card. I have HDFC classic account with millenia dc. But they are offering moneyback cc with 63k limit on app and website. Earlier I got call from their team for millennia cc ltf which I refused. So wanting to shift funds to get better card offers and make primary spends through this bank account as I don't think HDFC classic has comparable rewards to this.

 

[satish0987]

What is the HDFC equivalent of liberty savings account? Also does opening it give better card offers from axis? Should I open it online or offline?

Hdfc savings max 25k mab
Take Millenia card 400 cashback every month based on spend criteria

 

[gobsy]

Hdfc savings max 25k mab
Take Millenia card 400 cashback every month based on spend criteria

Yeah. Doing that. But I don't think it has other good benefits apart from that.

 

[satish0987]

Yeah. Doing that. But I don't think it has other good benefits apart from that.

Yes and Debit charges charges free
Which extra features u observed extra in Liberty compared to savings max
I will also like to know

 

[gobsy]

Yes and Debit charges charges free
Which extra features u observed extra in Liberty compared to savings max
I will also like to know

750rs per quarter on spends of 60k.
Also it's zero mab if one spends 25k per month.
Also 5% cashback upto 500 for 11 month and upto 1000 for birthday month.

 

[satish0987]

750rs per quarter on spends of 60k.
Also it's zero mab if one spends 25k per month.
Also 5% cashback upto 500 for 11 month and upto 1000 for birthday month.

Basically its equivalent to 750rs per month like Platinum DC + no MAB +consolidation charges+axis DC charges

 

[Shubham Yadav]

750rs per quarter on spends of 60k.
Also it's zero mab if one spends 25k per month.
Also 5% cashback upto 500 for 11 month and upto 1000 for birthday month.

Basically its equivalent to 750rs per month like Platinum DC + no MAB +consolidation charges+axis DC charges

Are bhai log

ye sab pehele se hi iss thread k pehele page k pehele msg mai bahut pehele se hi padi hui h.

 

[Deleted member 2540]

Basically its equivalent to 750rs per month like Platinum DC + no MAB +consolidation charges+axis DC charges

No, it is not Equivalent.

750 on HDFC ESP Requires Spends of 75k in a month that too on Utility/Telecom only for Full 750 Cashback

750 on Axis Liberty Requires only 25k Spends in a month, Out of 25k ,15k Spends on any Merchant and 10k Spends on Special Categories which is very easy to acheive.

Consolidated Charges are Nill, if you turn off SMS alerts.

Debit Card charges are nominal for such Great Benifits

 

[gowthamv]

No, it is not Equivalent.

750 on HDFC ESP Requires Spends of 75k in a month that too on Utility/Telecom only for Full 750 Cashback

750 on Axis Liberty Requires only 25k Spends in a month, Out of 25k ,15k Spends on any Merchant and 10k Spends on Special Categories which is very easy to acheive.

Consolidated Charges are Nill, if you turn off SMS alerts.

Debit Card charges are nominal for such Great Benifts

10k spends on Special Categories? Never knew this criteria.. ☹️

 

[Shubham Yadav]

No, it is not Equivalent.

750 on HDFC ESP Requires Spends of 75k in a month that too on Utility/Telecom only for Full 750 Cashback

750 on Axis Liberty Requires only 25k Spends in a month, Out of 25k ,15k Spends on any Merchant and 10k Spends on Special Categories which is very easy to acheive.

Consolidated Charges are Nill, if you turn off SMS alerts.

Debit Card charges are nominal for such Great Benifts

Agr 25k spend krne pr zero balance wala benefit chod de toh

20k spends pr hi 750 ka benefit h

10k = 500 rs
rest 10k = to help 60k milestone for 750 rs voucher

Sahi bol raha hu ki kuch miss kr raha hu idhar ?