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The survey also revealed that 26% of consumers use digital payments weekly.

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However, using rewards to pay bills may not always make sense.

GOBankingRates reached out to the experts for their insights on how to bestmaximize the value of your reward points.

There are a couple of a reasons for this.

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This is because card issuers often have partnerships with airlines and hotels that incentivize point spending on travel purchases.

This stacking approach allows you to get more value out of your rewards, effectively stretching your dollars further.

There isnt a one-size-fits-all solution to most financial matters, and this isnt an exception.

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If you better use the cashback to help with bills, do it.

Its more important to stay on top of your monthly expenses.

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