Personally I'd prefer to only get one cheque a year, rather than cheques every quarter. I hate the hassle of banking cheques myself.
Of course if they were going to refund via EFT direct in to a specified account, that'd be different.
I'm betting in my case, whilst I got a credit this quarter, I may not the next quarter, so the credit would then get applied.
Horses for courses, YMMV, etc.
