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I have one card that I was able to set to automatically apply the rewards to the balance, monthly.
Another that mails me a check whenever the rewards balance reaches $50.
(Both would be happy to credit a checking account, but that requires my having a checking account with them, which I don't have or need.)

I like that, because I never have to track or think about rewards for those cards. For the others, I have to actively convert the rewards to a credit to the card, which I do whenever I think of it, which works out to about every 3 or 4 months.

As noted, it doesn't affect the minimum payment due, so if you're paying the minimums that's something to keep an eye on.
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