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Axis Bank Liberty Savings Account Benefits

VISHESH_BANSAL

TF Pioneer
Axis Liberty Savings Account is the Best Savings for those who can

Spend 10,000 INR Per month On Food, Entertainment, Shopping and Travel via Axis Liberty Debit Card
and
Spend 15,000 INR Per Month at any Merchant ** via UPI or Axis Liberty Debit Card.

If we Fulfill Above Spending Criteria We get following Benifits in return with Maximized Savings:-


A Zero Balance Account.

Condition:-
Merchant Spends** of 25k/Month is required to get NMC Waiver for that Particular Month.


A Voucher of 750 INR per Quarter.

Condition:-
Merchant Spends** of 60k/Quarter is Required.

Redemption Link:- https://www.gyftr.com/rewards/axisbankspendscampaign/


5% upto 500 INR Cashback Per Month.

For Birthday Month Cashback Amount is 5% upto 1,000 INR.


Screenshot_2024-02-02-21-29-44-415-edit_com.google.android.gm.jpg

Condition:-
● Spends* Done at Selected Merchant Categories mentioned above will only be Considered.
●Txns Done on Saturday and Sunday will only be Considered.


Redemption can be done Only Via Internet Banking 👇

Menu-Services-Other-Debit Card Cashback

*Find Eligible MCCs for Weekend 5% Cashback at Below Link* 👇





One Domestic Lounge Access Per Quarter.



** Find Excluded Spends/MCCs for NMC waiver and 750 GV at Below Link** 👇



Note:- Now, You can Open Liberty Account Digitally and You will get a Virtual Debit Card as well along with the Physical Liberty Debit Card.

But Beware, the Virtual Debit Card issued with Digital Axis Liberty Account is not an E-debit Card which is issued by Axis Bank with other Digital Account Variants.

OVERALL Benifits
1000*01
500*11
750*04

Total- 9,500 INR.

Consolidated Charges:-

1. Sms Charges:- 17.7*4
Total 71 INR (including GST)

2. Liberty Debit Card Annual Fee:-
354 INR (including GST)

Net Annual Savings:-9,075 INR
 
Last edited:

Karvanna

TF Premier
VIP Lounge
Axis Liberty Savings Account is the Best Savings for those who can

Spend 10,000 INR Per month On Fuel, Entertainment,Shopping and Travel via Axis Liberty Debit Card

(Txns Done on Saturday and Sunday will be Considered)

and

Spend 15,000 INR Per Month on any Merchant via UPI
or Axis Internet Banking or Axis Liberty Debit Card.

Suggestion: Pay Credit Card Bills worth 15,000 INR on Amazon via Axis Internet Banking or UPI

If we Fulfill Above Spending Criteria We get following Benifits in return:-

1. A Zero Balance Account.
2. A Voucher of 750 INR per Quarter.
3. 500 INR Cashback Per Month.
For Birthday Month Cashback Amount is 1,000 INR.

OVERALL benifits 750*4+1000+500*11=
9,500 INR.

Consolidated Charges:-

1. Sms Charges:- 17.7*4
Total 71 INR (including GST)

2. Liberty Debit Card Annual Fee:-
354 INR (including GST)

Net Annual Savings:-9,075 INR
Bro it will Take How much time for the Cashback to get credited
 

VISHESH_BANSAL

TF Pioneer
Bro it will Take How much time for the Cashback to get credited
Depends on You.
I have never received cashback automatically.
You have to drop a DM on twitter. They will Raise a service request and then they will tell you the date on which cashback will be credited.
My cashback is pending for July-Dec 2022. I am waiting if by mistake Axis will credit it automatically. Otherwise in Jan 2023 I will Drop a DM on Twitter
 

theranos

TF Select
Hi i have recently opened axis bank liberty acc and have some doubt about the spends eligible for zero mab criteria. Ie 25000 spends should be done in single transaction of min 25000 /above 25000 Or cumulative transactions done in multiple transactions are counted for eligibility
This question is coming as axis customer care rep is saying it should be done in single transaction and not cumulative transactions... Is it correct... Kindly help with the correct info as axis cc os dumb and dont understand their own tand c often
Thanking you in advance for inputs
 

ashwink

TF Infinite
TF Family
Sr Moderator
Hi i have recently opened axis bank liberty acc and have some doubt about the spends eligible for zero mab criteria. Ie 25000 spends should be done in single transaction of min 25000 /above 25000 Or cumulative transactions done in multiple transactions are counted for eligibility
This question is coming as axis customer care rep is saying it should be done in single transaction and not cumulative transactions... Is it correct... Kindly help with the correct info as axis cc os dumb and dont understand their own tand c often
Thanking you in advance for inputs
Not necessary to spend 25k entirely in single transaction it can also be achieved from multiple merchant transactions. (Axis is really dumb and worst than a psu banks)
 

FinoGuy

TF Ace
If you have Paytm Merchant Account , Enable Debit and Credit Card Option then Scan the QR and Pay using Liberty Debit Card Directly. Make txns in Multiple of 2000 to reduce MDR charges.

This month paytm did not charge any MDR on Debit Card and Credit Card Txns, for my merchant Account.

First do test txn using One Card to Know category of merchant, if category shown in One Card App is one of the Eligible Categories, then do txn via Liberty Debit Card if same merchant name Appears on OTP page. You will get 5% Cashback
I am unable to activate credit card & debit card payment method. Getting error. How to activate cc/dc payment method in merchant account ?.
Also, by high value txn, how much value txn?
 

VISHESH_BANSAL

TF Pioneer
I am unable to activate credit card & debit card payment method. Getting error. How to activate cc/dc payment method in merchant account ?.
Also, by high value txn, how much value txn?
What error ? Share Screenshot.
In Business App Menu Bar Click Payments and Settlement for Activating Debit Card as a Payment mode
 

desaik231

TF Select
VIP Lounge
Axis Liberty Savings Account is the Best Savings for those who can

Spend 10,000 INR Per month On Fuel, Entertainment,Shopping and Travel via Axis Liberty Debit Card

(Txns Done on Saturday and Sunday will be Considered)

and

Spend 15,000 INR Per Month on any Merchant via UPI
or Axis Internet Banking or Axis Liberty Debit Card.

Suggestion: Pay Credit Card Bills worth 15,000 INR on Amazon via Axis Internet Banking or UPI

If we Fulfill Above Spending Criteria We get following Benifits in return:-

1. A Zero Balance Account.
2. A Voucher of 750 INR per Quarter.
3. 500 INR Cashback Per Month.
For Birthday Month Cashback Amount is 1,000 INR.

OVERALL benifits 750*4+1000+500*11=
9,500 INR.

Consolidated Charges:-

1. Sms Charges:- 17.7*4
Total 71 INR (including GST)

2. Liberty Debit Card Annual Fee:-
354 INR (including GST)

Net Annual Savings:-9,075 INR
Hi Can you confirm if you have got the 750 voucher by paying bill via amzon using net banking? If yes when?
 

Copycat

TF Ace
VIP Lounge
When will we receive the Cashback and Voucher?


You may never receive it until you ask (this post below is from someone who has been actively using the account)

 

hks789

TF Ace
VIP Lounge
You may never receive it until you ask (this post below is from someone who has been actively using the account)

I asked. CC told me to wait till Jan 15th and I will receive sms/email.

Any one here received voucher for 2022 last quarter?
 
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