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Cashback Calculator

Work out exactly what you'll earn back — on a one-off buy or a recurring subscription. Stack your cashback site and card, and see it add up over the years.

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27%

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Cashback on this purchase

£21.60

Per purchase £21.60
If you buy this once a year... 3 yrs

See live rates on Rewardio →

How to use the calculator

Enter the price you are paying. Use the amount you will actually be charged, not the list price, if you are on a discounted or promotional plan. Enter the cashback rate. You will find this on the merchant's page on Rewardio, and rates do change, so check the live listing rather than working from something you saw last month. Choose your billing frequency. One-off for a single purchase, monthly or annual for a subscription. Set your projection period. For subscriptions, this is where the difference between one-off and recurring cashback shows up.

Cashback = Purchase amount × (Cashback rate ÷ 100)

Cashback is worked out as a straightforward percentage of what you spend: Cashback = (Price × Rate) ÷ 100 For a recurring subscription where the merchant pays on renewals, the calculation repeats for every billing cycle: Total cashback = (Price × Rate ÷ 100) × Number of billing cycles The maths is simple. What is less obvious is how much difference the second formula makes over a few years, which is the whole point of the projection.

Cashback rate reference table

Spend 1% 2% 5% 10% 20%
£50 £0.50 £1.00 £2.50 £5.00 £10.00
£100 £1.00 £2.00 £5.00 £10.00 £20.00
£250 £2.50 £5.00 £12.50 £25.00 £50.00
£500 £5.00 £10.00 £25.00 £50.00 £100.00
£1,000 £10.00 £20.00 £50.00 £100.00 £200.00

One-off cashback versus recurring cashback

Most cashback sites pay you once. You click through, you buy, you get a percentage back, and that is the end of it. If you renew the subscription next year, nothing happens, because the renewal does not pass through a tracked affiliate link. Some merchants run recurring affiliate programmes, where commission is paid on every renewal for as long as the customer stays subscribed. Where that is the case, Rewardio passes the cashback on every time, not just on the first payment. The gap widens the longer you stay subscribed. On a tool you keep for three or four years, the difference between one-off and recurring cashback is not a rounding error. Set the projection period on the calculator to see it. Not every merchant offers this. On Rewardio, merchants with recurring cashback are labelled as such on their listing, so check before you assume the renewal maths applies.

What the calculator does not account for

Worth being honest about the limits, because a number on a screen is not a promise. Rates change. Merchants adjust their commission, and cashback rates follow. The figure you calculate today is based on today's rate. Not every merchant pays on renewals. If the merchant runs a one-off commission programme, only the first payment earns cashback, regardless of what the projection shows. VAT and taxes. Some merchants pay commission on the net amount rather than the gross. Where that applies, your cashback will be lower than a straight percentage of what your card was charged. Free trials and introductory pricing. Cashback is calculated on what you are actually billed. A free trial earns nothing, and a discounted first month earns cashback on the discounted amount. Plan changes. Upgrade or downgrade and the cashback recalculates against the new price from that billing cycle onwards. Tracking. Cashback depends on the click being tracked. Ad blockers, cookie clearing, and buying through a different route than your tracked link can all break it.

Frequently asked questions

How is cashback calculated?
As a percentage of what you spend. Multiply the price by the cashback rate and divide by 100. The calculator does this for you and, for subscriptions, repeats the calculation across your renewals.
Does cashback apply to subscription renewals?
It depends on the merchant. Where the merchant runs a recurring affiliate programme, cashback is paid on every renewal for as long as you stay subscribed. Where they do not, cashback applies to the first payment only. Each merchant listing on Rewardio states which applies.
Is cashback calculated before or after a discount code?
After. Cashback is worked out on the amount you actually pay, so a discount code reduces your cashback along with your bill. In most cases the discount is still worth more than the cashback you give up, but it is worth checking both.
Is cashback paid on VAT?
Not always. Some merchants pay commission on the net amount excluding tax. Where that is the case, your cashback will come in below a straight percentage of the total charged to your card.
How long does it take to be paid?
Cashback is tracked immediately but held until the merchant confirms the sale, which allows for refund and cancellation windows. Confirmation times vary by merchant, and subscription merchants are typically slower than retail because of longer refund periods.
Can I calculate cashback in a different currency?
The maths is identical in any currency, since cashback is a percentage. If you are billed in a different currency to your payout currency, the converted amount will move with the exchange rate.

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