When a rewards card or program is offering 1% cash back, it means that you will earn 1 cent for every $1 you spend. You can easily calculate 1% cash back by multiplying 0.01 by the amount you plan on spending. For example, if you want to know how much cash back you'll earn for spending $1,000, it would be $1,000 x 0.01 which equals $10. You can use the 1% Cash Back Calculator at the bottom of this page to calculate total cash back based on your spend.
In my opinion, no you should not. There are more 1.5% cash back credit cards than you can count that has no annual fee that you can choose from. There's even some 2% cash back credit cards with no annual fee. Even if you have a short or bad credit profile, you can still typically get a 1.5% cash back credit card.
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.
This calculator will calculate the cash value of the selected credit card(s) based on spend, benefits, and fees. You can compare this card against any other rewards card side-by-side by clicking on the Compare A Card button.
Enter how much you spend in each category listed. You can click on the amount to edit the value, +/- Categories to add and remove categories from the list, and Options to copy spend between columns and clear all spend.
The sum of all rewards earned from Category Spending and Reward Bonuses, along with the cash value of it all based on Currency Worth.
Cash value of Total Earnings based on Currency Worth.
Earn $20 or 2,000 Membership Rewards Points when you sign up for a Rakuten Rewards account and make a $20+ purchase. Rakuten and other cash back portals allows you to easily double and triple dip on rewards. I recommend using portals when booking travel or shopping online. You can sign up through The Point Calculator referral link to help out the site.
Monetary Bonuses & Fees
Cash bonuses, annual fees, authorized user fees, and any other listed fees.
The total estimated value you can get out of this card and the amount of return for your spend.
Jump to the rewards calculator that has the details of the listed card(s). Covers bonus categories, perks, sign-up bonus, and fees.
Go To Site
Jump to the card issuer's website to learn more about the card benefits, read up on rates and fees, and apply for the card.
Consider applying through this link to help out the website. It's much appreciate if you do!