I find that using rubber bands makes very good contact because there are times when you split the stem, it is very uneven. Also if you have rubber band, it is a very strong union. Sometimes when the graft has grown a lot of leaves and a strong wind blows, it could break at the bud union. Rubber band doesn't last very long if left uncovered. Covering the rubber band with parafilm makes it last for six months to a year, and gives enough time for excellent and strong graft union.
if you have absolutely no winds, and you can split the stock perfectly without deformity in the stem, then you don't need rubber bands. As for me, I will always use rubber band as support for the graft union.
I mentioned more detailed reasons why I use rubber bands in all my other posts. The only time I am not using rubber bands is when doing T-budding or when the budsticks are tender or tiny. I usually prefer pencil-sized diameter sticks, but sometimes, other friend's selection are the size of toothpick, and we can graft that too, and I don't use rubber bands in those case. I just double the parafilm layer on the union.