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What is 1% cash back?

A 1% cash back rate means you earn 1 cent for every dollar spent on eligible purchases. For example, if you spend $100, you’ll receive $1 in cash back rewards.

This rate is often a standard baseline for many credit cards and applies to all purchases unless a higher rate is offered for specific categories like dining or travel. Over time, 1% cash back can add up, providing a simple and consistent way to save on everyday spending.

How do you calculate 1% cash back?

To calculate 1% cash back, multiply the total amount of an eligible purchase by 0.01. This will give you the cash back amount for that transaction. For instance, if you spend $200, the calculation would be $200 × 0.01, resulting in $2 in cash back rewards.

This method applies to all purchases that qualify for the 1% rate, and the total cash back earned depends on your overall spending.

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1% cash back calculator

Use our 1% Cash Back Calculator to calculate 1% cash back earnings based on any value entered.

Calculator: How much is 1% cash back?

Enter the total cost of the purchase to calculate 1% cash back.
$ Cost
Total Cash Back: $1.00

1% cash back amounts

The table below lists the amounts for 1% cash back for several denominations.

1% cash back amounts
Dollar amount 1% cash back
$100 $1.00
$200 $2.00
$300 $3.00
$400 $4.00
$500 $5.00
$600 $6.00
$700 $7.00
$800 $8.00
$900 $9.00
$1,000 $10.00
$1,500 $15.00
$2,000 $20.00
$5,000 $50.00
$10,000 $100.00
$11,000 $110.00
Our Top Partner Credit Card Picks

We've run the calculations and checked them twice — here are the credit cards that consistently provide outstanding value to our users: