Cash Back Calculator

Calculating Credit Card Cash Back Rewards

Cash back rewards programs return a percentage of eligible credit card or debit card spending directly to cardholders as monetary cash credit, statement credit, or bank deposits.

How Cash Back Earnings Are Calculated

Gross cash back earnings $CB_{\text{gross}}$ for spending amount $S$ at reward rate $r$ (in percent) are calculated as:

$$CB_{\text{gross}} = S \times \left( \frac{r}{100} \right)$$

If the rewards program imposes a quarterly or annual spending cap $C_{\text{cap}}$, eligible spending $S_{\text{eligible}} = \min(S, C_{\text{cap}})$. Net annual earnings incorporate any recurring credit card annual fees $F_{\text{annual}}$:

$$CB_{\text{net}} = CB_{\text{gross, annual}} - F_{\text{annual}}$$