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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See Also: 1% Cash Back · 1.5% Cash Back · 2% Cash Back · 4% Cash Back · 5% Cash Back · 10% Cash Back · Percent Off Calculator
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.
Calculate credit card 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.
Find out which credit cards will offer you the most value based on the spend amounts you entered
No Results. This is usually due to:
- 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.
You can click on the estimated earnings to see the calculations or click on the card to learn more and apply for the card through our partners.
Do note that all spend amounts entered into the tool above will carry over to every credit card rewards calculator on the site, so there's no need to re-enter spend if you choose to dive deeper into calculating rewards for credit cards on the site.
FAQ
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.
We've run the calculations for you and here are our top picks for best credit cards of 2023:
- Best premium card for unlimited miles: Capital One Venture X Rewards Credit Card.
- Best for flexible travel rewards: Chase Sapphire Preferred® Card.
- Best for everyday spend and travel: Citi Premier® Card.
- Best cash back card for groceries: Blue Cash Preferred® Card from American Express.
- Best for dining and supermarkets: American Express® Gold Card
- Best for business travel rewards: Ink Business Preferred® Credit Card.
- Best cash back business card: Capital One Spark Cash Plus
Our Credit Card Rewards calculator can help you find the perfect card and offers based on your monthly and yearly spending habits. Simply enter your spend amounts into our tool and let us do the work for you!
