Free tool
Rewards card value calculator
What is your rewards card really worth? Enter what you spend each month in each category and the reward rate your card pays, plus the annual fee and any balance you carry. The calculator subtracts the fee and the interest, and compares the result with a simple no-fee card. Nothing is stored.
Real value per year
$301
- Rewards earned
- $396
- Annual fee
- -$95
- Interest paid
- $0
- No-fee card would earn
- $315
A simple no-fee card at 1.5% would earn about the same or more on this spending.
Interest is estimated as the average balance times the APR for a year. Rewards are counted at face value; points can be worth less depending on how you redeem them. Estimates only, not financial advice.
What the numbers usually show
- Interest beats rewards. A $2,000 balance at 24% costs about $480 a year, more than most people earn in rewards. Read the honest version of card rewards.
- Fees need real use. Count only the rewards and benefits you would actually use. See annual fee math.
- Don't spend to earn. Rewards only save money on purchases you'd make anyway. See when perks cost you more.
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