What is 3% cash back?
When a rewards program or credit card is offering 3% cash back, it means that for every $1 you spend you will earn 3 cents ($0.03) in the form of cash back.
How do you calculate 3% cash back?
You can calculate 3% cash back multiplying 0.03 by the amount you plan on spending. So if you spend $1,000, it would be $1,000 x 0.03 which equals $30.
3% cash back calculator
Use the 3% cash back calculator below to calculate cash back based on spend.
| Total Cash Back: | $3.00 |
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What's the best 3% cash back card?
If you're looking to earn 3% cash back across purchases, your best bet is to pick up a card that earns 3% cash back (or more) in a category you often spend in.
Here are a few of our top picks for credit cards that earn 3% cash back or more when spending across certain categories:
- Blue Cash Everyday® Card from American Express - Best no-annual fee cash back credit card for U.S. online retail, U.S. supermarket and U.S. gas station purchases.
- Citi Custom Cash℠ Card - Earn 5% back on your top eligible spend category on up to $500 per month (then 1%). No annual fee.
Calculator: Which card will earn you the most 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.
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- There's no good card options based on the spend entered.
- The calculator is having a brain-fart and is not calculating rewards properly.
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Results
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.
FAQs
What is 3% cash back?
3% cash back means you will earn 3 cents ($0.03) back for every $1 spent.
How do I know what's the best credit card for my spend?
You can use the Search For Credit Cards By Spend calculator to get a list of the best credit cards based on your spend across categories.
