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- The process for calculating cash back rewards is simple: multiply the purchase price by the cash back percentage rate offered by your card or program. Using our example from above, if you spend $100 and your card offers 2% cash back, your calculation will be: (100 × (2 ÷ 100)) = $2. Cash Back = Purchase Price × (Cash Back Percentage ÷ 100)
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Looking to calculate the cash back you can earn on credit cards in Canada? Try the RBC Credit Card Cash Back Calculator to know how much you can make in a year and explore the benefits of our cash back credit cards.
Sep 16, 2024 · To understand how to calculate the cash back, let's explore the following scenario: Amount purchased: $500. Percentage cash back: 2%. Cash back limit: $5 (if applicable) Determine if your cash back program has a limit.
How many rewards could you earn? Choose your card, then use the sliders to indicate how much you spend every month. We’ll calculate how many rewards you could earn.
With so many cash back cards out there, which one gives you the most? Use our calculator to find out, maximize your rewards, and choose the best card for you!
A smart consumer can use a free online credit card cash back calculator to calculate the cash back rewards for each credit card. An individual who has access to several credit cards may find it difficult to determine the cash back amount for every card.
Make a purchase: Use your cash back credit card or join a cash back program. Earn cash back : A percentage of your purchase amount is calculated as cash back. As an example, if you spend $100 on a card with a 2% cash back rate, you'll earn $2 back.
Oct 7, 2024 · To compare cash back credit cards, look at the cash back rates, categories, spending caps and any annual fees. Use a cash back calculator to estimate your rewards based on your spending habits. Comparing these factors will help you choose the cash back card that offers the best value.
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Compare Our Best Card Offers—Low Intro APRs, Cash Back or Travel Rewards! Worried About Credit Card Approval? Find Card Matches With No Risk to Your Score.
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