Calculate 5% Cash Back - Interactive Calculators
Quick Overview
- Earning 5% cash back means you'll receive 5 cents back for every $1 spent, so if you spend $100, you'd get $5 in cash back.
- To calculate 5% cash back, multiply the purchase amount by 0.05. For example, 5% cash back on a $1,000 purchase is $1,000 x 0.05, which equals $50.
Use our 5% cash back calculator to quickly find out how much cash back you'll earn on any dollar amount at a 5% rate.
What is 5% cash back?
A 5% cash back rate means that for every dollar you spend on eligible purchases, you earn 5 cents back in the form of cash rewards. For example, if you spend $200 on a purchase that qualifies for 5% cash back, you would receive $10 in rewards.
This type of reward is typically offered on specific spending categories on credit cards or during promotional periods at retailers. They can often be redeemed as statement credits, direct deposits, or even gift cards, depending on the program.
How do you calculate 5% cash back?
To calculate 5% cash back, simply multiply your total eligible purchase amount by 0.05. This will give you the amount of cash back you’ll earn.
For example, if you spend $600 on a purchase that qualifies for 5% cash back, you would calculate $600 × 0.05, which equals $30 in cash back rewards. This calculation applies to any purchase amount—just take the total and multiply by 0.05 to get the 5% cash back value.
Rakuten Rewards is a free cash back portal that lets you earn up to 10% cash back (or more) when shopping online. Stack your savings by combining Rakuten cash back with existing discounts and rewards from your favorite retailers.
It’s easy to sign up and use, making it a win-win for any online shopper!
5% cash back calculator
Use our 5% Cash Back Calculator to calculate 5% cash back earnings based on any value entered.
Calculator: How much is 5% cash back?
| Total Cash Back: | $5.00 |
|---|
5% cash back amounts
The table below lists the amounts for 5% cash back for several denominations.
| Dollar amount | 5% cash back |
|---|---|
| $25 | $1.25 |
| $50 | $2.50 |
| $75 | $3.75 |
| $100 | $5.00 |
| $200 | $10.00 |
| $300 | $15.00 |
| $400 | $20.00 |
| $500 | $25.00 |
| $600 | $30.00 |
| $700 | $35.00 |
| $800 | $40.00 |
| $900 | $45.00 |
| $1,000 | $50.00 |
| $1,200 | $60.00 |
| $1,500 | $75.00 |
| $2,000 | $100.00 |
| $4,000 | $200.00 |
| $5,000 | $250.00 |
| $10,000 | $500.00 |
| $20,000 | $1,000.00 |
| $40,000 | $2,000.00 |
We've run the calculations and checked them twice — here are the credit cards that consistently provide outstanding value to our users:
- Best Overall Travel Card in Canada: American Express Cobalt® Card
- Best Overall for Cash Back: Rogers Red World Elite® Mastercard®
- Best for Gas: CIBC Dividend® Visa Infinite Card
- Best for Recurring Bills: Scotia Momentum® Visa Infinite* Card
