The Capital One Quicksilver Cash Rewards Credit Card offers a straightforward approach to earning rewards with 1.5% Cash Back on every purchase, every day; 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply).
There are three Quicksilver cards, with each geared toward consumers with varying levels of credit scores. The Capital One QuicksilverOne Cash Rewards Credit Card is designed for those with fair/limited credit, the Capital One Quicksilver Cash Rewards for Good Credit for those with good credit and the Capital One Quicksilver Cash Rewards Credit Card is for those with excellent/good credit.
With the Capital One Quicksilver Cash Rewards Credit Card, cardholders are eligible for a sign-up bonus and an introductory APR for purchases. While the other cards do not offer a bonus or intro APR offer, they all come with similar cashback rewards programs.
We break down the pros and cons of the Capital One Quicksilver Cash Rewards Credit Card, and show how it compares to the Capital One QuicksilverOne Cash Rewards Credit Card, which offers the same cashback rate on every purchase, but is easier to qualify for if your credit isn’t in the excellent/good range.
Intro Purchase APR
0% intro on purchases for 15 months
Regular Purchase APR
19.24% - 29.24% (Variable)
Intro BT APR
0% intro on balance transfers for 15 months
Regular BT APR
19.24% - 29.24% (Variable)
Annual Fee
$0
Cash Advance Fee
3% of the amount of the cash advance, but not less than $3
Foreign Transaction Fee
None
Balance Transfer Fee
3%
Sign-up bonus
Cardholders earn a one-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening.
Simple cashback rewards program
With the Capital One Quicksilver Cash Rewards Credit Card, cardholders earn 1.5% Cash Back on every purchase, every day; 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply). Cashback rewards never expire and can be redeemed for statement credits, checks, merchandise or gift cards. You can also use your cash back to cover a recent purchase.
Intro APR on purchases and balance transfers
If you want to finance a large purchase over time, the Capital One Quicksilver Cash Rewards Credit Card offers an APR of 0% intro on purchases for 15 months. After that, a regular APR of 19.24% - 29.24% (variable) applies to any unpaid portion.
Plus, the card offers an APR of 0% intro on balance transfers for 15 months, then an APR of 19.24% - 29.24% (variable).
Annual fee
The Capital One Quicksilver Cash Rewards Credit Card charges a $0 annual fee.
Low cashback rewards rate
If you want to maximize your earning potential, there are several cashback credit cards that offer much higher rewards rates in popular spending categories, such as dining, groceries and gas. There are also flat-rate cards that offer 2% cash back or more on every purchase.
Balance transfer fee
If you transfer a balance to the Capital One Quicksilver Cash Rewards Credit Card, you will be subject to balance transfer fee of 3% of the amount of each transfer.
Besides similar names, the Capital One Quicksilver Cash Rewards Credit Card and the Capital One QuicksilverOne Cash Rewards Credit Card share the same rewards rates and foreign transaction fees. Where the cards differ the most is their credit requirements, annual fees, APRs and sign-up bonuses.
For example, the Capital One QuicksilverOne Cash Rewards Credit Card is geared toward individuals with fair/limited credit – meaning your credit score falls between 580 and 669.
The Capital One Quicksilver Cash Rewards Credit Card, on the other hand, is for people with excellent/good credit.
Additionally, the Capital One QuicksilverOne Cash Rewards Credit Card charges a $39 annual fee, while the Capital One Quicksilver Cash Rewards Credit Card comes with a $0 annual fee.
|
|
|
|
| Capital One Quicksilver Cash Rewards Credit Card | Capital One QuicksilverOne Cash Rewards Credit Card | Capital One Quicksilver Cash Rewards for Good Credit | Citi® Double Cash Card – 18 month BT offer |
|---|---|---|---|
|
|
|
|
|
|
Apply Now on Capital One's secure site
|
Apply Now on Capital One's secure site
|
Apply Now on Capital One's secure site
|
Apply Now on Citibank's secure site
|
| Annual Fee | |||
| $0 | $39 | $0 | $0 |
| Welcome Offer | |||
| One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening | No bonus | N/A | None |
| Rewards Rate | |||
| 1.5% Cash Back on every purchase, every day; 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply) | 1.5% Cash Back on every purchase, every day; 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply) | 1.5% Cash Back on every purchase, every day; 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply) | Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. |
| Intro Purchase APR | |||
| 0% intro on purchases for 15 months | N/A | N/A | N/A |
| Regular APR | |||
| 19.24% - 29.24% (Variable) | 29.74% (Variable) | 29.74% (Variable) | 18.49% - 28.49% (Variable) |
| Intro Balance Transfer APR | |||
| 0% intro on balance transfers for 15 months | N/A | N/A | 0% for 18 months on Balance Transfers |
| Regular Balance Transfer APR | |||
| 19.24% - 29.24% (Variable) | 29.74% (Variable) | 29.74% (Variable) | 18.49% - 28.49% (Variable) |
| Balance Transfer Fee | |||
| 3% | $0 at this Transfer APR | $0 at this Transfer APR | There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. A balance transfer fee of 5% of each transfer ($5 minimum) applies if completed after 4 months of account opening. |
| Recommended Credit | |||
| Excellent/Good | Fair/Limited | Good | Excellent/Good |
| Card Details | |||
| Capital One Quicksilver Cash Rewards Credit Card | Capital One QuicksilverOne Cash Rewards Credit Card | Capital One Quicksilver Cash Rewards for Good Credit | Citi® Double Cash Card |
The Capital One Quicksilver Cash Rewards Credit Card is a good option if you have excellent/good credit and want to earn a decent cashback rate on every purchase, without the hassle of keeping track of spending caps or rotating categories. Additionally, the card offers a generous introductory APR on purchases and a $0 annual fee.
But if your credit isn’t in the excellent/good range, the Capital One QuicksilverOne Cash Rewards Credit Card or the Capital One Quicksilver Cash Rewards for Good Credit are great alternatives, since they offer many of the same benefits, including 1.5% Cash Back on every purchase, every day; 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply), a 3% balance transfer fee, extended warranties, travel accident insurance and more.
Plus, starting at six months, Capital One will automatically review your account to see if you qualify for a higher credit limit.
For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply
