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/

 

[ksen13]

Pay via cheq/payzapp/sbi unipay

Cheq means cheq UPI or via Debit card?
Payzap I am sure use wallet MCC ( same for upi also Wallet mcc)
And sbi UNIPAY I think utility MCC

 

[varun__goel_]

Cheq means cheq UPI or via Debit card?
Payzap I am sure use wallet MCC ( same for upi also Wallet mcc)
And sbi UNIPAY I think utility MCC

Payzapp is tagged as others in money manager.
Cheq app via DC. They have removed charges I guess.
If you have to pay for any bbps linked cc, best would be sbi unipay - utility.

 

[rextg]

Payzapp is tagged as others in money manager.
Cheq app via DC. They have removed charges I guess.
If you have to pay for any bbps linked cc, best would be sbi unipay - utility.

For Quarterly voucher wallet mcc not counted?Or Are you talking about 5% cashback?

 

[varun__goel_]

For Quarterly voucher wallet mcc not counted?Or Are you talking about 5% cashback?

It is counted but we try to avoid it🙂

 

[ksen13]

Payzapp is tagged as others in money manager.
Cheq app via DC. They have removed charges I guess.
If you have to pay for any bbps linked cc, best would be sbi unipay - utility.

Just now I checked and noticed that cheq disabled Debit cards for credit card bill payments
Only it is showing UPI and net banking
Is it same for all or only just for me ?

 

[ksen13]

Payzapp is tagged as others in money manager.
Cheq app via DC. They have removed charges I guess.
If you have to pay for any bbps linked cc, best would be sbi unipay - utility.

No pay zapp completely used WALLET MCC
It is tagged as others in money manager which is wrong

 

[varun__goel_]

No pay zapp completely used WALLET MCC
It is tagged as others in money manager which is wrong

Krdo phir wallet mcc se, aur kya hi bacha h non bbps payment k liye🙂

 

[ksen13]

Krdo phir wallet mcc se, aur kya hi bacha h non bbps payment k liye🙂

Uni pay seye utility MCC ayega ye main bhi confirm hu
But for non bbps kuch nahi bacha abhi
Accha agar main sirf wallet loads karta huin to I think mujhe quarterly voucher milega right ? Kyun ki aisa koi MCC RESTRICTIONS TO NAHI hain for milestone voucher I think so
What about your experience ?
Can you share in which platforms do you use your debit card for getting quarterly voucher ?

 

[varun__goel_]

Uni pay seye utility MCC ayega ye main bhi confirm hu
But for non bbps kuch nahi bacha abhi
Accha agar main sirf wallet loads karta huin to I think mujhe quarterly voucher milega right ? Kyun ki aisa koi MCC RESTRICTIONS TO NAHI hain for milestone voucher I think so
What about your experience ?
Can you share in which platforms do you use your debit card for getting quarterly voucher ?

Bas merchant transaction honi chahiye, koi restriction nhi hai 750 voucher k liye

 

[ashwinkashwink is verified member.]

Uni pay seye utility MCC ayega ye main bhi confirm hu
But for non bbps kuch nahi bacha abhi
Accha agar main sirf wallet loads karta huin to I think mujhe quarterly voucher milega right ? Kyun ki aisa koi MCC RESTRICTIONS TO NAHI hain for milestone voucher I think so
What about your experience ?
Can you share in which platforms do you use your debit card for getting quarterly voucher ?

Kindly avoid wallet transactions to further avoid devaluations.

 

[varun__goel_]

Kindly avoid wallet transactions to further avoid devaluations.

App btaiye jo wallet mcc na chipkaye😂
@VISHESH_BANSAL aap bhi bataiye🙂😛

 

[Badshah]

App btaiye jo wallet mcc na chipkaye😂
@VISHESH_BANSAL aap bhi bataiye🙂😛

B a j a j ?

 

[varun__goel_]

B a j a j ?

Kya mcc hai?

 

[Deleted member 2540]

Kya mcc hai?

Wallet nhi hai bass 😂

 

[Anil_SinghAnil_Singh is verified member.]

Wallet nhi hai bass 😂

Suna tha insurance hai.

 

[varun__goel_]

Wallet nhi hai bass 😂

BTW as per money manager, abhi mobikwik ka bhi koi aur mcc tha😛

 

[shijukrrish]

How much AMB we need to keep in Liberty account for Pre Approved credit card offer?

 

[SSV]

How much AMB we need to keep in Liberty account for Pre Approved credit card offer?

25k minimum. .

 

[krishc]

one note here though, pre-approved cards won't be LTF even if they're available LTF via other channels of application.
I've been getting tons of pre-approved offers from A*is since long back but never any FYF or LTF.

 

[telescope]

one note here though, pre-approved cards won't be LTF even if they're available LTF via other channels of application.
I've been getting tons of pre-approved offers from A*is since long back but never any FYF or LTF.

Correct. Taking cards from pre-approved bucket is worthwhile only for cards that are not offered LTF/FYF through alternate channels, such as vistara cards.