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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:
Very good keep the axis bible , all you guys…
And unfortunately this bible keeps on changing
Since Axis Introduced this Account Just One Major Change is exclusion of MCCs for DC txns.

Apart from it no changes at all

DC Charges, Cheque Book charges other Charges, all these charges are same. Whenever there is revision in SOC, Axis duly notify it.

I do not think You opend the Account without reading SOC🤣
 
Since Axis Introduced this Account Just One Major Change is exclusion of MCCs for DC txns.

Apart from it no changes at all

DC Charges, Cheque Book charges other Charges, all these charges are same. Whenever there is revision in Tarrif, Axis duly notify it.

I do not think You opend the Account without reading SOC🤣
All I care about: how much money I get
By spending
1) how much money and
2) How much time
Unfortunately this second point is pissing me off big time in evaluating my return on this axes relationship…

As I said , I am generally cautious… one more strike I am out of sblbr …

It just takes away too much of my time….
Again everyone is different…
It is just me
 
Last edited:
I already told you that this doesn't work with Liberty account. They will keep imposing it each quarter. They will refund the charges if you call or complain but you have to do it every quarter and bear the GST charges.
Will go to rbi ombudsman. Because they only informed that they have deactivated it
 
Will go to rbi ombudsman. Because they only informed that they have deactivated it
Do not go to RBI BO yet. First wait for two quarters and see what happens. They will refund the sms charges without gst if you complain so you won't loose much. In the current quarter when you deactivated it, they will tell you availed SMS facility in current quarter so charges are legit.
 
Everyone is getting their quarterly pension except me … why why why ???
Am I not eligible 🪓 🪓🪓???
Probably they must have observed that I had used 🪓🪓🪓 too many times … so they 🪓ed my quarterly pension!!!😀
Ee Axis chillar galato manaku em pani anna.. meere 750 voucher visri wala moham meeda kottandi.. oka panaipotadi 😁
 
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