When a rewards program or credit card is offering 1.5% cash back, it means that for every $1 you spend you will earn 1.5 cents ($0.015) in the form of cash back. You can calculate 1.5% cash back multiplying 0.015 by the amount you plan on spending. So if you want to know how much cash back you'll earn spending $1,000, it would be $1,000 x 0.015 which equals $15. But no need to pull out your trusty calculator, because you can scroll to the bottom of this page to input your spend into the calculator which will take care of the number crunching for you!
Great Options For A 1.5%+ Return
There's a handful of credit cards that earn a 1.5% return as a base for general spend and a higher return across several other bonus categories. These will typically be high-end cards such as World Elite Mastercards and Visa Infinite cards. If you're able to pick up any of the cards listed below, you will be able to earn a fantastic return on your spend. You can click on any of the cards to calculate total rewards and the value of the card or you can compare them using the calculator on this page.
- Rogers World Elite Mastercard Calculator
- Rogers Platinum Mastercard Calculator
- Desjardins Odyssey Visa Infinite Privilege Visa Card Calculator
- Desjardins Odyssey World Elite Mastercard Calculator
- WestJet RBC World Elite Mastercard Calculator
If none of these cards interest you, I recommend using the Search For Credit Cards By Spend tool to get a list of the best credit cards based on your spend habits.
You can use the rewards calculator to calculate how many points, miles, or cash back you can earn based on your spend per category. This calculator will also give you the dollar value of the card based on the value of the rewards earned and how much each benefit is worth to you, minus the annual fees. You can click the Compare A Card button to compare this card side by side any other card featured on the site within the same calculator.
Note! All category spend entered in the primary card's column (first column when comparing cards) will carry over to all credit card calculators on the site. This means you will not have to re-enter the same information again and again when browsing during the session.
What is 1.5% cash back?
1.5% cash back means you will earn 1.5 cents ($0.015) for every $1 spent.
Are 1.5% cash back credit cards good?
Yes. 1.5% cash back credit cards typically have no annual fee and offer a great return on your spend. They're best used when paired with other credit cards to maximize your earnings.
Aren't 2% cash back cards better?
Yes, 2% cash back (and higher) credit cards will earn you more cash back, but most tend to have an annual fee and will require you to focus all of your spend across the card to make it worth the fee.
How much cash back will I earn with a 1.5% cash back card?
It depends on how much spend you run through the card and whether or not the card has an annual fee. You can use the 1.5% Cash Back Credit Card Calculators on this page to calculate total cash back based on your spend.
What's the best 1.5% cash back card?
While there are 1.5% cash back credit cards that are better than others, there's no card that is merely "The Best". You'll want to take into account card benefits, other credit cards in the program, fees, and much more when looking for a great 1.5% cash back credit card.
Are there 1.5% points and miles cards?
There's a decent amount credit cards that can earn you a 1.5% return that earns cash back, points, or miles.
How do I know what's the best credit card for my spend?
You can use the Search For Credit Cards By Spend calculator to get a list of the best credit cards based on your spend across categories.