Cashback Calculator

Calculate the real value of a cashback card after monthly caps, excluded spends and annual fees.

Built for India₹-based card math

Your card & spending

Enter the numbers

Monthly card spend

₹

Your total monthly spend on this card.Cashback rate

Use the rate for the spend you are evaluating.Monthly cashback cap

₹

Enter 0 if the card has no monthly cap.Excluded / non-reward spend

Fuel, rent, wallet loads or other excluded spends.Annual card fee

₹

Enter 0 for a lifetime-free card.Annual spend for fee waiver

₹

Enter 0 if the fee is never waived.GST on annual fee

18% is commonly applicable to card fees in India.

This calculator assumes the same spending pattern every month. It does not include milestone rewards, joining benefits or merchant-specific rates beyond the cashback rate entered above.

Spend to hit monthly cap₹25,000

Approximate monthly spend needed, after accounting for your excluded-spend percentage.

Break-even monthly spend₹0

Approximate monthly spend required for cashback to recover the annual fee including GST.

Eligible annual spend₹2,88,000

Annual spending that actually earns cashback under the assumptions entered above.

How it works

Why “5% cashback” is rarely really 5%.

01 We remove the percentage of spend that earns no rewards.

02 We calculate cashback on eligible spend and apply the monthly cap.

03 We subtract the annual fee plus GST and divide the net value by your total annual spend.