FinanceFormula-based · Runs in your browser

Cash Back Calculator

Estimate gross and net cash back after an optional reward cap and annual fee.

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Inputs

Enter the values you know. Optional fields may be left empty.

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Required
$
Required
%
Optional
$
Optional
$

Result

Updates as valid inputs change.

Calculated locally
Net cash back
Gross cash back
Net reward rate
Spend to cover annual fee

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Calculation steps

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  1. 1

    Formula selected

    The calculator uses the following formula or method.

    Net cash back = min(spending × reward rate, cap) − annual fee

  2. 2

    Values entered

    Your values are placed into the calculation.

    Enter values to see what is used in this step.

  3. 3

    Result calculated

    The formula or method produces the following result values.

    Results will appear after a successful calculation.

  4. 4

    Answer formatted

    Displayed values are rounded and formatted using each output’s configured precision.

Scenario comparison

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Recent calculations

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Data and privacy

How it works

The reward rate is applied to eligible spending. A cap is applied before the annual fee is removed.

Input query strings and outputs

Use an input name in this page’s URL as ?name=value, and join additional inputs with &. Portable shared links may instead use the compact ?ac= state parameter.

Input query strings

4
  • ?purchaseAmount= Eligible spending

    Money · Required · Default: 12,000

  • ?cashBackRate= Cash back rate

    Percentage · Required · Default: 2

  • ?rewardCap= Reward cap

    Money · Optional

  • ?annualFee= Annual fee

    Money · Optional

Outputs

4
  • netCashBack Net cash back

    Currency · Primary output

  • grossCashBack Gross cash back

    Currency

  • effectiveRate Net reward rate

    Percentage

  • breakEvenSpend Spend to cover annual fee

    Currency

Check card terms

Categories, exclusions, rotating rates, and redemption rules can change the result.

Sources
  • No external reference is listed for this calculator. Its formula and variable definitions are shown above.
Limitations
  • Estimates use the rates, timing, and assumptions entered. Fees, taxes, lender rules, and future changes are included only where explicitly shown.