Calculate 5% Cash Back - Interactive Calculators

Cash Back Calculator
Cash back calculator for calculating 5% cash back based on spend. Also, get the details on how to calculate 5% back and a list of the best cards for earning 5% back or more on your spending.
By R.Flowers III

What is 5% cash back?

When a rewards program or credit card is offering 5% cash back, it means that for every $1 you spend you will earn 5 cents ($0.05) in the form of cash back.

How do you calculate 5% cash back?

You can calculate 5% cash back multiplying 0.05 by the amount you plan on spending. If you were to spend $1,000, you would calculate 5% back by doing $1,000 x 0.05 which would equal $50.

5% cash back calculator

Use the 5% Cash Back Calculator to calculate 5% cash back based on the value entered.

Enter the total cost of the purchase to calculate 5% cash back.
Total Cash Back: $5.00

5% quarterly rotating credit cards

There are two credit cards that feature 5% cash back categories that rotate on a quarterly basis. Those cards are the Chase Freedom Flex℠ and Discover it® card.

Cash back earned on these cards are capped at $1,500 in combined spend between rotating categories each quarter and once that cap is hit, you'll earn 1% back for the remainder of the quarter.

Personally, I recommend having both of these cards since it gives you the ability to maximize your rewards when a meaningful 5% cash back category is presented to you. They also have no annual fee so there's really no downside to having them.

discover 2021
The Discover it® card features rotating categories in which you can earn 5% cash back across different categories every quarter.

5% cash back credit cards

There are a good handful of credit cards that offer 5% cash back or more in specific categories. Which cards are best will depend on how much you spend.

Here are a few of our favorite credit cards that can earn you 5% cash back or more in a specific category:

Calculate credit card cash back

Input your monthly and yearly spend amounts into the tool below to find out which credit cards will earn you the most cash back on your spending.

Loading Calculator...
If the calculator doesn't load after a few seconds, click here to re-load calculator.
Resets all fields in the Category Spending section for all columns. Also clears all saved spend values that carry from calculator to calculator.
Add Categories
Search for categories and click 'Add Category' to add it to the calculator. If you want to be more specific, you can specify domestic or international spend.
Type at least 3 characters.
Currently Selected:
Spend Region:
Income Requirement
Income Type
Select if you're looking for credit cards based on your own individual income or if you're looking for credit cards based on the income of the entire household.
Income Maximum
Select the maximum income requirement you want listed in your top picks.
Calculator Options
Personal & Business Cards
Select which type of credit cards appear in the results. You can choose from personal (consumer) credit cards, business credit cards, or both.
Include Intro Bonuses?
If set to yes, intro bonuses will be included in the calculations if you meet the monthly spend criteria based on what's entered into the tool. Do note that we do not have intro bonuses for all credit cards and we cannot calculate intro bonuses for some cards.

Find out which credit cards will offer you the most value based on the spend amounts you entered

No Results. This is usually due to:

  • There's no good card options based on the spend entered.
  • The calculator is having a brain-fart and is not calculating rewards properly.

Enter different values or try again later.


These estimates are to help guide you towards making the best decision when it comes to picking up a rewards credit card. They should be used for illustrative purposes only.

You can click on the estimated earnings to see the calculations or click on the card to learn more and apply for the card through our partners.

Do note that all spend amounts entered into the tool above will carry over to every credit card rewards calculator on the site, so there's no need to re-enter spend if you choose to dive deeper into calculating rewards for credit cards on the site.


How much is 5 percent cash back?

5% cash back is 5 cents back on the dollar. So for every $1 spent, you would get 5 cents back.

What is 5% cash back on $100?

5% cash back on a $100 purchase would would earn you $5 back.

How much cash back can I earn at 5% cash back?

It depends on how much you spend. You can use the 5% Cash Back Calculator on this page to calculate total cash back based on your spend.

Which credit cards offer 5% cash back?

There are several credit cards that offer 5% cash back in select categories including the Citi Custom Cash Card, Chase Freedom Flex℠ Card, and Discover it® Card.

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

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

Calculate Total Rewards & Credit Card Value For 200+ U.S. Credit Cards
Credit Card Search
Maximize your credit card rewards!
Our Credit Card Rewards calculator can help you find the credit cards that will earn you the most points, miles and cash back based on your monthly and yearly spending habits. Simply enter your spend amounts into our tool and let our tool do the work for you!