Credit Card Rewards Calculator

Credit card value tool

Estimate cash back or points from your spending mix, then subtract the annual fee and include an optional welcome bonus. Currency changes formatting only; it does not convert values.

Currency

Reward type

Comparison horizon (years)

Monthly spending and earning rate
Category	Monthly spend	Cash back (%)
Groceries		Groceries reward rate
Dining		Dining reward rate
Gas and transit		Gas and transit reward rate
Travel		Travel reward rate
Other eligible spend		Other eligible spend reward rate

Enter the cash-back percentage earned in each category.

Annual fee

Welcome bonus value

Enter the cash value expected after meeting the offer terms.

Rewards estimate

Annual eligible spend—

Annual gross cash back—

Ongoing net value after fee—

First-year net value—

Five-year net value—

Effective ongoing reward rate—

Annual pointsNot applicable

Annual fee break-even spend—

Monthly spend at break-even—

Estimated rewards by category
Category	Annual spend	Rate	Annual reward value

How the rewards calculation works

For each category, annual spending equals monthly spending multiplied by 12. In cash-back mode, reward value is annual spending multiplied by the entered percentage. In points mode, the calculator first estimates points, then converts them using the point value you enter.

Cash-back value = annual spend × cash-back rate ÷ 100

Points value = annual spend × points per unit × cents per point ÷ 100

Ongoing net value = annual reward value − annual fee

First-year net value = annual reward value + welcome bonus value − annual fee

The welcome bonus is counted once. The annual fee is counted in every year of the selected horizon.

Checked example

The starting example uses US$2,000 of eligible monthly spending: US$600 groceries at 3%, US$300 dining at 3%, US$200 gas/transit at 2%, US$250 travel at 2% and US$650 other spending at 1%.

Annual spending is US$24,000. Estimated gross cash back is US$510. After a US$95 annual fee, ongoing net value is US$415. With a US$200 welcome bonus, first-year net value is US$615. Over five years, estimated net value is US$2,275.

The weighted gross reward rate is 2.125%. At that mix, approximately US$4,470.59 of annual spending offsets the US$95 fee before considering a welcome bonus.

Important limits

Use only spending that is eligible for rewards. Exclude cash advances, fees, balance transfers and other transactions your card does not reward.
The calculator does not enforce category caps, quarterly activation, merchant coding, redemption minimums, expiration, taxes or issuer-specific exclusions.
A point is worth only the redemption value you enter. Transfer partners and award availability can change the actual value.
Interest, late fees and extra spending can outweigh rewards. Paying interest is not included in the net-value estimate.
Each monthly spending field and the annual fee are limited to 1 billion currency units; rates and point value to 0–100; welcome points to 1 trillion; and the horizon to 1–10 whole years.

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