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. So if you spend $1,000, it would be $1,000 x 0.01 which equals $10.
Use the 1% Cash Back Calculator below to calculate total cash back based on your spend.
Enter the total cost of the purchase to calculate 1% cash back.
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If you can avoid it, I do not recommend picking up a 1% cash back card. There are a large amount of 1.5% cash back and higher credit cards in the market that offers great benefits while having no annual fee.
Best For 5% Back In A Select Category
Citi Custom Cash℠ Card
Earn 5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent, 1% cash back thereafter.
Earn unlimited 1% cash back on all other purchases.
$200 Cash Back
Earn $200 in cash back after you spend $750 on purchases in the first 3 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.
Best For Bonus Cash Back
Chase Freedom Flex℠
5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more
3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service
Unlimited 1% cash back on all other purchases.
Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
Best For Flat Rate Cash Back
Citi® Double Cash Card
Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
Best For Large Purchases & Financing
Earn an unlimited 1.5% cash back on all purchases
Get a $200 bonus when you open and fund a new Upgrade Rewards Checking account and make 3 debit card transactions within 60 days of your Upgrade Card account opening.