Capital One® Quicksilver® Cash Rewards Credit Card

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Claire Dickey @ClaireDickey  in  Cash Back How we rate our cards  |  Advertiser Disclosure
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Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Capital One's secure website

Best for 0% APR period and unlimited cash back

Annual Fee:
$0
Purchase Intro APR:
0% intro on purchases for 15 months
Balance Transfer Intro APR:
0% intro on balance transfers for 15 months
Regular APR:
15.74% - 25.74% (Variable)
Terms and Restrictions Apply

Bankrate Rating

Commonly used for: 0% Introductory APR, Balance Transfer, Cash Back, Dining, EMV, Excellent Credit, Gas, Good Credit, No Annual Fee, No Foreign Transaction Fees, Points, Rewards.

Score Breakdown

Bankrate Rating

Perks
Rewards
Annual Fee
Intro Bonus
Variable APR
Foreign Transaction Fee

Capital One® Quicksilver® Cash Rewards Credit Card: Details and benefits

There will always be better rewards offered by other cards. But the Quicksilver’s straightforward nature makes it an easy pick for spenders wanting an easy way to earn cash back. Enjoy an unlimited 1.5 percent cash back on all purchases and a $150 sign-up bonus after spending $500 within the first three months of account opening.

This card doesn’t charge an annual fee and comes with a 15-month introductory zero percent APR on purchases and balance transfers (15.74 percent — 25.74 percent variable thereafter). Keep in mind that you’ll be charged a 3 percent fee on balance transfers made within those 15 months.

Advantages
  • Unlimited 1.5 percent cash back on every purchase
  • $150 cash bonus when you spend $500 within the first three months of account opening
  • No foreign transaction fees
Disadvantages
  • There are no bonus categories, so people with spending heavily concentrated in key areas may find greater rewards with another card
  • Balance transfer fee of 3 percent

Is the Quicksilver worth it for you?

The Quicksilver is for those who don’t want to juggle multiple cards or navigate rotating bonus categories. Sure, there are cards that offer higher rewards rates, but if you’re more interested in a card that flies on autopilot, the Quicksilver is a decent choice.

Get the most value from the Quicksilver

Frequent travelers will enjoy the card’s lack of foreign transaction fees, along with standard Capital One benefits like 24-hour travel assistance, travel accident insurance and auto rental coverage for collision and theft damages.

You’ll also get extended warranty protection on eligible items paid for with the card and identity theft services should your card ever get compromised.

How much are the Quicksilver rewards worth?

To qualify for the $150 bonus, all you need to do is spend $500 within the first 3 months of account opening. That could be as simple as paying a few bills using your Quicksilver card.

In line with the 1.5 percent cash back rewards, if you spend just $500 a month on your card, you’ll earn $90 for the year. When you add in the bonus, that’s $240 in cash back your first year of card ownership.

How to redeem rewards

With the Quicksilver, you can redeem your cash back for any amount at any time. To access your rewards, log on to your account on the Capital One website and either redeem your earned rewards as statement credit or request a paper check.

There’s no minimum amount you have to accrue to redeem your rewards, and they never expire as long as your account is open and in good standing.