Quick Overview
- Earning 1% cash back means you'll receive 1 cent back for every $1 spent, so if you spend $100, you'd get $1 in cash back.
- To calculate 1% cash back, multiply the purchase amount by 0.01. For example, 1% cash back on a $1,000 purchase is $1,000 x 0.01, which equals $10.
Use our 1% cash back calculator to quickly find out how much cash back you'll earn on any dollar amount at a 1% rate.
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.
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?
Total Cash Back: | $1.00 |
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1% cash back amounts
The table below lists the amounts for 1% cash back for several denominations.
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 |
What's the best cash back credit card?
Which cash back credit card is best for you will depend on a large number of factors — how much you spend per month, the type of benefits you're looking for, preferred banks (if any), and more.
Use our cash back credit card calculator to find cards that will earn you the most cash back based on your spending habits and other criteria. You can then click on cards to learn more about them and to see if they fit what you're looking for.
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Results
Listed below are the results based on what you entered into the tool above. These estimates are to help guide you towards making the best decision when it comes to picking up a rewards credit card.
You can click on "Show Calculations" to see a breakdown of how the rewards were calculated, click on the card itself to learn more/apply through our partners (big thanks if you do!), or click on any of the other links to learn more about the card and it's rewards.
Do note that some of the calculations are rounded so it is possible that the estimated values may be off by a point or two when added up.
Remember that this particular tool uses our point/mile valuations, the intro bonuses we have in the database, and includes the maximum (calculable) bonuses for each card. If you want to have control over these options and much more, slide over to the Rewards Credit Card Directory & Calculator.
These calculations should be used for illustrative purposes only.