Your points being spread out is irrelevant. On some of my cards I deposit the cash back directly into my checking. On others if they don’t allow that I use the points to reduce the balance on the card and transfer the money I would have made the payment with to that checking account.I get that but I don’t like my points spread out. I want them coming back to the same place so that I can maximize their use/value.
To be honest most of the time I use my cash back to purchase shares of the ETF $SCHD in my brokerage account unless I have a specific purchase I want to make. I’m pure cash back I don’t travel so that might factor in.
If you use them for travel that changes things.