Free calculator
Credit card benefit value calculator
Estimate what recurring card credits may be worth after your annual fee and a realistic personal utilization rate.
Frequently Asked Questions
How do I calculate if a credit card is worth its annual fee?
Add up the credits you would really use at what they save you, add the rewards from your normal spending, then subtract the annual fee. Creddy's free benefit value calculator does the credit part: enter the fee, benefit values and your expected utilization.
What inputs does the benefit value calculator need?
The annual fee, the value of each benefit and a realistic utilization percentage (how much of each benefit you expect to use). It then shows advertised value, expected usable value and value after the fee.
Does the calculator account for benefits I won't use?
Yes. Lower the utilization percentage or leave out benefits you would not use, so the result reflects usable value rather than face value.
Can I compare two cards' value side by side?
Not simultaneously. Run the calculator once for each card and compare the 'value after annual fee' results.
How accurate is Creddy's benefit value calculator?
It is only as accurate as your inputs. It does not include rewards points, welcome offers or interest, and it does not check eligibility, so use it as a planning estimate.
What is utilization?
Utilization is the percentage of advertised benefits you expect to use through purchases you would reasonably make.
Does this calculate reward points?
No. This calculator focuses on recurring credits and other entered annual value, not spending rewards or welcome offers.
Use realistic values
Count a benefit only when it replaces spending you would otherwise make. Confirm eligibility, enrollment, merchants, reset timing, and current terms with the issuer.