Calculate 2% Cash Back - Interactive Calculators

Cash Back Calculators
Cash back calculator for calculating 2% cash back based on spend. Also, get the details on how to calculate 2% back and a list of the best cards for earning 2% back or more on your spending.
By R.Flowers III
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What is 2% cash back?

When a rewards program or credit card is offering 2% cash back, it means that for every $1 you spend you will earn 2 cents ($0.02) in the form of cash back.

How do you calculate 2% cash back?

You can calculate 2% cash back multiplying 0.02 by the amount you plan on spending. So if you spend $1,000, it would be $1,000 x 0.02 which equals $20.

2% cash back calculator

Use the 2% cash back calculator below to calculate cash back based on spend.

Enter the total cost of the purchase to calculate 2% cash back.
$ Cost
Total Cash Back: $2.00

See Also: 1% Cash Back1.5% Cash Back3% Cash Back4% Cash Back5% Cash Back10% Cash BackPercent Off Calculator

Best 2% back cards

There is a small handful of credit cards that offer 2% back on your purchases. This includes cash back cards as well as travel rewards cards.

If you're looking for simple cash back and don't want to have to worry about spending in specific categories or categories that change every quarter, a flat-rate 2% cash back or travel rewards card is an excellent choice.

Here are a few of the best 2% back credit cards in the market:

  • Citi Double Cash Card - Earns 1% cash back on purchases and 1% back when you pay off those purchases for a total of 2% back. No annual fee.
  • Capital One Venture Rewards Credit Card - Earn an unlimited 2X miles on all purchases that can be put towards any kind of travel including airfare, hotels, car rentals, and more鈥攁ll at a low annual fee.

Advantages of 2% Back Cards

One of the best advantages to having a 2% back cash back card, is that it typically pairs well with other cards under the same rewards program. This allows you to easily maximize your cash back rewards across specific categories.

For example, here's the earning rates of the Citi Double Cash Card and the Citi Custom Cash鈩 Card:

Citi Custom Cash Card

  • Earns 5% back on purchases in your top eligible spend category each billing cycle on up to the first $500 spent (then 1%)
  • Earns 1% back on all other purchases

Citi Double Cash Card

  • Earns up to 2% back on all purchases (1% back on purchases, and 1% back when you pay off those purchases)

When paired together, you can use the Citi Custom Cash to earn 5% back in one of the eligible categories the card features and use the Citi Double Cash to earn 2% back on all other purchases. This is made even better by the fact that both cards have 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.

Loading Calculator...
If the calculator doesn't load after a few seconds, click here to re-load calculator.
Resets all fields in the Category Spending section for all columns. Also clears all saved spend values that carry from calculator to calculator.
Add Categories
Search for categories and click 'Add Category' to add it to the calculator. If you want to be more specific, you can specify domestic or international spend.
Type at least 3 characters.
Currently Selected:
Spend Region:
Income Requirement
Income Type
Select if you're looking for credit cards based on your own individual income or if you're looking for credit cards based on the income of the entire household.
Income Maximum
Select the maximum income requirement you want listed in your top picks.
Calculator Options
Personal & Business Cards
Select which type of credit cards appear in the results. You can choose from personal (consumer) credit cards, business credit cards, or both.
Include Intro Bonuses?
If set to yes, intro bonuses will be included in the calculations if you meet the monthly spend criteria based on what's entered into the tool. Do note that we do not have intro bonuses for all credit cards and we cannot calculate intro bonuses for some cards.

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.

Enter different values or try again later.


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.


What is 2% cash back?

2% cash back means you will earn 2 cents ($0.02) for every $1 spent.

Are 2% cash back credit cards good?

2% cash back credit cards are among the best rewards cards you can have.

Are there cards that earn higher than 2%?

There's a very few select cards that earn 2.5%-3% cash back on all purchases. There's also cards that feature 5% quarterly rotating categories such as the Chase Freedom Flex鈩 and Discover it庐 Cash Back card (which I recommend picking up).

How much cash back will I earn with a 2% cash back card?

It depends on how much spend you run through the card and whether or not the card has an annual fee. You can use the 2% Cash Back Calculator on this page to calculate total cash back based on your spend.

What's the best 2% cash back card?

There's no card that is considered to be "The Best", but the most popular 2% cash back in the market is the Citi庐 Double Cash Card and Wells Fargo Active Cash鈩 Card.

Are there 2% points and miles cards?

Yes. There's a good handful of points and miles cards that earn a 2% return. The most popular card is the Capital One Venture Rewards Credit Card. The Blue Business庐 Plus Credit Card from American Express is also another superb card.

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.

Calculate Total Rewards & Card Value Per $1 Spent For 200+ U.S. Credit Cards
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