Calculate 1% Cash Back - Interactive Calculators

Cash Back Calculator
Cash back calculator for calculating 1% cash back based on spend. Also, get the details on how to calculate 1% back and a list of the best cards for earning 1% back or more on your spending.

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.
Cost
Redemption Average Dollar Value
Total Cash Back: $1.00

Should I Get A 1% Cash Back Card?

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
Rewards Rate
5%
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.
1%
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℠
Chase Freedom Flex℠
Annual Fee: $0
Rewards Rate
5%
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%
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%
3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service
1%
Unlimited 1% cash back on all other purchases.
$200 Bonus
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
Rewards Rate
2%
Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
No Current Offer
Best For Large Purchases & Financing
Annual Fee: $0
Rewards Rate
1.5%
Earn an unlimited 1.5% cash back on all purchases
$200 Bonus
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.