Mumbai, March 25 -- Managing bulk payments efficiently while maximizing credit card rewards could be a smart financial move.

Many credit card users do not get any reward points when paying bills directly. However, there is a hack to maximize rewards. "Most credit cards do not offer rewards on utility bill payments, but by leveraging accelerated reward portals, you can earn significantly higher points," Sumanta Mandal, a credit card-savvy user and founder of TechnoFino told Mint.

Most banks have dedicated accelerated reward portals that offer higher reward points on select transactions. Some of the popular ones include HDFC Bank's SmartBuy, Axis Bank's Travel Edge and Gift Edge, and American Express's Gyftr.

These portals offer a variet...