Calculate 1.5% Cash Back - Interactive Calculators
Quick Overview
- Earning 1.5% cash back means you'll receive 1.5 cents back for every $1 spent, so if you spend $100, you’d get $1.50 in cash back.
- To calculate 1.5% cash back, multiply the purchase amount by 0.015. For example, 1.5% cash back on a $1,800 purchase is $1,800 x 0.015, which equals $27.
Use our 1.5% cash back calculator to quickly find out how much cash back you’ll earn on any dollar amount at a 1.5% rate.
What is 1.5% cash back?
"1.5% cash back" refers to a rewards rate where you earn 1.5 cents for every dollar you spend on eligible purchases. For example, if you spend $100, you would receive $1.50 back in cash rewards.
This type of cash back rate is common with many credit cards and rewards programs, allowing you to earn a percentage of your spending back as cash, which can typically be redeemed as statement credits, deposits, or other reward options.
It’s a straightforward way to get value from your purchases, as the cash back accumulates with every transaction, turning everyday spending into savings.
How do you calculate 1.5% cash back?
Calculating 1.5% cash back is straightforward: simply multiply your purchase amount by 0.015 to find the cash back earned.
For instance, if you make a purchase of $1,000, you’d multiply $1,000 by 0.015, resulting in $15 in cash back. This calculation applies to any purchase amount—just take the total and multiply by 0.015 to get the 1.5% 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!
1.5% cash back calculator
Use our 1.5% Cash Back Calculator to instantly calculate your 1.5% cash back earnings based on any amount entered.
Calculator: How much is 1.5% cash back?
| Total Cash Back: | $1.50 |
|---|
1.5% cash back amounts
The table below lists the amounts for 1.5 cash back for several denominations.
| Dollar amount | 1.5% cash back |
|---|---|
| $100 | $1.50 |
| $200 | $3.00 |
| $300 | $4.50 |
| $400 | $6.00 |
| $500 | $7.50 |
| $600 | $9.00 |
| $700 | $10.50 |
| $800 | $12.00 |
| $900 | $13.50 |
| $1,000 | $15.00 |
| $1,500 | $22.50 |
| $2,000 | $30.00 |
| $3,000 | $45.00 |
| $4,000 | $60.00 |
| $5,000 | $75.00 |
| $10,000 | $150.00 |
| $20,000 | $300.00 |
| $50,000 | $750.00 |
| $100,000 | $1,500.00 |
| $150,000 | $2,250.00 |
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
