Calculate 1.5% Cash Back - Interactive Calculators

Cash Back Calculator
Cash back calculator for calculating 1.5% cash back based on spend. Also, get the details on how to calculate 1.5% back and a list of the best cards for earning 1.5% back or more on your spending.

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 spend $1,000, 1.5% back would be $1,000 x 0.015 which is $15. You can use the cash back calculator below to calculate total cash back based on spend.

Use the 1.5% Cash Back Calculator to calculate 1.5% cash back based on the value entered.

Enter the total cost of the purchase to calculate 1.5% cash back.
Cost
Redemption Average Dollar Value
Total Cash Back: $1.50

What's The Best 1.5% Cash Back Card?

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, so you'll want to check the income requirements before applying.

Listed below are several credit cards that can earn you at least a 1.5% return across all purchases or across certain bonus categories. You can click on a card to calculate how much cash back you can earn based on your spend and compare the results side by side top cards in Canada.

Best For 2% Back On Select Categories With No Annual Fee
Annual Fee: $0
Rewards Rate
2%
Earn 2% Money-Back Rewards on your everyday purchases in two 2% Money-Back Categories of your choice
2%
Get your Rewards deposited into your Tangerine Savings Account and get a 3rd 2% Money-Back Category.
0.5%
Earn 0.5% Money-Back Rewards on all other purchases.
Earn 15% Back
Earn an extra 15% back (up to $150) when you spend up to $1,000 in everyday purchases within your first 2 months.
Best For Flat-Rate Earnings
SimplyCash™ Preferred Card from American Express
SimplyCash™ Preferred Card from American Express
Annual Fee: $99
Rewards Rate
2%
Earn an unlimited 2% cash back on all purchases
Best For WestJet Rewards
WestJet RBC World Elite Mastercard
WestJet RBC World Elite Mastercard
Annual Fee: $119
Rewards Rate
2%
Earn 2% back in WestJet dollars on WestJet flights or WestJet Vacations packages using your card
1.5%
Earn 1.5% back in WestJet dollars on everyday purchases
450 WestJet Dollars
Earn 250 WestJet Dollars on your first purchase and an additional 200 WestJet Dollars when you spend $5,000 or more on your new WestJet credit card within the first 3 months

FAQ

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 offer a great return on your spend. They're best used when paired with other credit cards.

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.

How do I know what's the best credit card for my spend?

You can use the Canada Credit Card Finder Tool to get a list of the best credit cards based on your spend across categories.