buying gv is different from loading apay wallet
apay wallet has 2 components
one is normal one which can be withdrawn to bank and second is gv/gc
gv gc cannot be withdrawn to bank and cannot be used for cc repayment
Don't know about Privilege CC, but for Select the reward points get credited after 90-120 days. Often Axis don't credit them automatically, and you have to beg them for it. Not my cup of tea. I don't trust Axis, so I don't use my Select CC unless there is instant discount.
For similar kind of rewards, the Apay CC is far better.
buying gv is different from loading apay wallet
apay wallet has 2 components
one is normal one which can be withdrawn to bank and second is gv/gc
gv gc cannot be withdrawn to bank and cannot be used for cc repayment
True. Moreover, the gv/gc expire in 1 year. So they are only meaningful if one has some way of comfortably using them up within that timeframe. Otherwise it's a bad idea to exchange good money for 'money' with an expiry date for a measly 1 or 2% reward, and then feeling pressure to use them up before expiry.