Fuel Rewards Calculator
Fuel Rewards Calculator. Calculate savings under entered reward terms. Enter your values and view the result.
Fuel Rewards Calculator
Calculate savings under entered reward terms.
Use the calculation engine below to model your exact costs with custom fuel prices, distances, and vehicle efficiencies:
Fuel Rewards Calculator: inputs
Adjust sliders or enter exact figures
Monthly Fuel Budget
Real-Time Visual Breakdown
Comparing your expense against alternative vehicle classes
Price Fluctuation Stress Test
See how unexpected gas price surges would impact your monthly budget
How Fuel Rewards Calculator Works
This tool works by applying entered reward terms, such as percentage cash back or points per dollar, to fuel spending, and converting the reward into cents per gallon.
- Step 1
Enter fuel spending
Type monthly fuel spending on the card or program.
- Step 2
Enter the reward terms
Type the cash back rate, or the points per dollar and the value of each point.
- Step 3
Enter any cap
Type a spending or reward cap, such as cash back on the first $1,500 per quarter.
- Step 4
Read the reward value
The calculator shows the reward per month, per year, and in cents per gallon.
Fuel Rewards Calculator Formula
The formula multiplies eligible fuel spending by the reward rate.
Reward = min(Fuel Spending, Cap) × Reward Rate
Reward Rate = Points per Dollar × Point Value
Cents per Gallon = Reward Rate × Price per Gallon × 100
- Reward Rate
- = cash back percentage as a decimal (0.03 = 3%)
- Cap
- = maximum spending that earns the reward
Worked Example
- A credit card pays 3% cash back on gas. The driver spends $180 per month at $3.50 per gallon.
- Reward = $180 × 0.03 = $5.40 per month, or $64.80 per year.
- Reward in cents per gallon = 0.03 × $3.50 × 100 = 10.5 cents per gallon.
- A points card with 2 points per dollar at 1 cent each returns 2%, or 7 cents per gallon.
Fuel Rewards Calculator Conversion Table
The table converts reward percentages into cents per gallon, cents per liter, and yearly rewards on $2,000 of fuel spending, at $3.50 per gallon.
| Reward Rate | ¢ / Gallon | ¢ / Liter | Reward / $100 Spent | Reward / Year on $2,000 |
|---|---|---|---|---|
| 1% | 3.5¢ | 0.92¢ | $1.00 | $20.00 |
| 1.5% | 5.3¢ | 1.39¢ | $1.50 | $30.00 |
| 2% | 7.0¢ | 1.85¢ | $2.00 | $40.00 |
| 3% | 10.5¢ | 2.77¢ | $3.00 | $60.00 |
| 4% | 14.0¢ | 3.70¢ | $4.00 | $80.00 |
| 5% | 17.5¢ | 4.62¢ | $5.00 | $100.00 |
| 6% | 21.0¢ | 5.55¢ | $6.00 | $120.00 |
What is a Fuel Rewards Calculator?
A Fuel Rewards Calculator is a savings tool that calculates fuel savings under entered reward terms, such as cash back percentages and points.
Credit cards and loyalty programs quote rewards in percentages or points, while stations quote discounts in cents per gallon. The Fuel Rewards Calculator converts both into the same units, so drivers can compare a 3% card with a $0.10 discount program.
Caps and point values decide the real return. A 5% card capped at $500 per quarter returns less for a heavy driver than an uncapped 3% card.
What are the uses of a Fuel Rewards Calculator?
There are 4 main uses of the Fuel Rewards Calculator, including card comparison, program stacking, and cap checks.
Compare gas cards
Rank credit cards by yearly fuel reward.
Stack programs
Add card rewards to station discounts for the total saving.
Check reward caps
See when a cap limits the reward.
Value points
Convert points into cents per gallon.