$20.00 Cashback
A 20% cashback rate on a $100 purchase earns $20.00.
Cashback Earned
$20.00
How This Works
Cashback rewards return a percentage of what you spend, either as statement credit, points, or direct deposit โ this shows the straightforward dollar amount for any rate.
Formula
Cashback = Purchase × (Rate ÷ 100)
Frequently Asked Questions
What is the result for this scenario?
$20.00 cashback.