Why we like this card: this Capital One Quicksilver Cash Rewards Credit Card Combining a solid cash back rewards system with travel benefits makes this card a strong contender for frequent travelers. Instead of earning miles, you earn cash back, which you can use as statement points or toward other purchases. At the same time, you can also enjoy travel benefits, such as extra cash back on hotels and car rentals, and no foreign exchange transaction fees.
advantage
- Annual fee $0
- 0% initial APR for 15 months on purchases and balance transfers (then 19.99%–29.99% variable))
- Enjoy unlimited 1.5% cash back on all purchases
shortcoming
- No mileage awards for travel
- No bonus categories to earn extra rewards
- Balance transfers within 15 months of account opening are subject to a 3% fee
Capital One Quicksilver Cash Rewards: Overview
annual interest rate
- introduce: 0% initial APR on purchases for 15 months (thereafter, variable APR will be 19.99%–29.99%)
- Buy: 19.99%–29.99% variable, based on your creditworthiness
- Balance referral: 19.99%–29.99% variable
- Cash advance: 29.99% plus a $3 fee or 3% of each cash advance amount, whichever is greater
annual fee: $0
Foreign Transaction Fees: 0%
Late payment fee: Up to $40
this Capital One Quicksilver Cash Rewards Credit Card This is a great option for those who feel frustrated when it comes to tracking bonus reward categories. You don’t have to rotate categories like many other cards, and you get a flat 1.5% cash back on every purchase with no caps or spending limits, plus 5% cash back on hotel and car rentals with Capital One Travel. You can redeem your rewards for a statement credit card or gift card, or use points to shop on Amazon or through Paypal.
The card also comes with no annual or foreign transaction fees, travel accident insurance, and 24/7 travel assistance to replace your card if it’s lost or stolen—all features that make this card a worthy travel companion. You’ll also benefit from Capital One’s travel benefits, including private lounge access and tools to help you get the lowest hotel and flight prices. Extended warranty protection makes it a good choice for larger purchases.
Capital One Quicksilver Cash Rewards: Rewards
this Capital One Quicksilver Cash Rewards Credit Card Enjoy 5% cash back on hotel and car rentals with Capital One Travel, plus unlimited 1.5% cash back on every purchase. There is no cap on your income; the only limit on your spending is your credit limit.
Rewards never expire, but if you close your account you will lose any unredeemed rewards.
Does Capital One Quicksilver Cash Rewards offer bonuses?
If a new card member applies directly through Capital One, he or she will receive a $200 cash reward if the total purchase amount exceeds $500 within 3 months after account opening. Please note that previous Cardmembers or members who have received a New Cardmember Bonus from Capital One within the past 48 months are not eligible to receive this bonus.
How to Redeem Capital One Quicksilver Cash Rewards Rewards
cash
Log in to your Capital One account online to receive cash back rewards in the form of a check. You can also receive cash rewards via check, or set up an automatic redemption schedule to receive checks periodically or when you reach a certain reward threshold.
letter of credit statement
Rewards can be applied to your outstanding balance as a statement credit through your online account or Capital One’s mobile banking app. However, even if you have enough rewards to cover your outstanding balance, you’ll still need to make the minimum payment.
Cover your purchase
You may apply your rewards toward previous purchases to help cover fees, although these exchange rates may vary, and Capital One reserves the right to change exchange rates at any time.
gift card
You may purchase gift cards using rewards through your online account or mobile app, but redemption rates may vary and are subject to change.
Buy on Amazon
If you sign up for the Capital One Card on Amazon.com Points Shopping, you can use available rewards to help pay for millions of qualifying items. Rewards will be deducted from the total purchase price and you will only pay the remaining balance. Simply select your Capital One Quicksilver Cash Rewards Card at checkout to see available rewards.
Paypal
Link your Capital One Quicksilver Cash Rewards Card to your PayPal account to use your rewards when you use PayPal to pay at eligible retailers. Millions of online retailers are participating, including Apple, Home Depot and Target.
extra benefits
In addition to earning 5% cash back on hotel and car rentals and 1.5% cash back on every other purchase with Capital One Travel, Capital One Quicksilver Cash Rewards Credit Card Has the following advantages:
- Extended warranty: Extended warranty protection is available on eligible items purchased with your card.
- capital one shopping: Use this online tool to automatically apply available coupon codes to your order.
- Free concierge service: Get 24/7 personalized dining, entertainment and travel assistance.
- Travel accident insurance: When you use your card, you’ll automatically be covered at no additional cost.
- Capital One Dining and Entertainment: Attend exclusive dining and entertainment events.
Are Capital One Quicksilver Cash Rewards right for you?
With a $0 annual fee and generous travel benefits, Capital One Quicksilver Cash Rewards is a strong contender if you don’t like keeping track of rotating rewards categories. There are 0% foreign transaction fees and 5% cash back when booking hotels and rental cars through Capital One Travel, making it a travel card worth considering as well.
Unlimited 1.5% cash back on every purchase is also a nice perk. However, there are some flat-rate cash back rewards cards that offer even more rebates.
Credit cards similar to Capital One Quicksilver Cash Rewards
Several other cards offer similar rewards to the Capital One Quicksilver Cash Rewards. Whether you’re looking for travel perks or cash back on other purchases, one of the following cards might be a better fit.
Wells Fargo Active Cash® Card with Capital One Quicksilver Cash Rewards
The Wells Fargo Active Cash® Card is another flat-rate cash back rewards card, but unlike Capital One Quicksilver Cash Rewards, Wells Fargo’s card offers 2% cash back on all purchases. It also has no annual fee and offers a 0% introductory APR on purchases and qualifying balance transfers for the first 15 months.
If you’re a frequent traveler, the Capital One Quicksilver Cash Rewards might be better because it doesn’t come with foreign exchange fees and other travel benefits. The Wells Fargo Active Cash® Card charges a 3% foreign transaction fee, which can eat into any travel budget.
Capital One Venture Rewards Credit Card with Capital One Quicksilver Cash Rewards
The Capital One Venture Rewards credit card is attractive to frequent travelers. You can accumulate miles quickly and enjoy unlimited rewards, with 2x miles earned on every purchase. You can also earn up to $100 in Global Entry or TSA PreCheck® points every four years when you purchase with your Venture Card.
Of course, if you want cash back rewards, the Capital One Quicksilver Cash Rewards are better, since you can only redeem Venture miles for travel. Capital One Venture Rewards has an annual fee of $95, while Capital One Quicksilver Cash Rewards has an annual fee of $0.
Citi® Double Cash Card and Capital One Quicksilver Cash Rewards
The Citi® Double Cash Card is another 0 annual fee cash back card with 2% cash back, while the Capital One Quicksilver Cash Rewards Card has 1.5% cash back. It’s important to note that with a Citi card, you get 2% back in two parts: 1% when you make a purchase and 1% when you pay it off. If you’re the kind of person who carries a balance, this might make the Capital One Quicksilver Cash Rewards Card a better choice.
The Citi® Double Cash Card offers a longer introductory APR of 0% for the first 18 months, while the Capital One Quicksilver Cash Rewards is 0% for 15 months. But Citi’s cash back card doesn’t get you any travel benefits, so frequent travelers may prefer the Capital One Quicksilver card.
frequently asked questions
How do Capital One QuickSilver Cash Rewards work?
The Capital One Quicksilver Cash Rewards Card offers 5% cash back on hotel and car rental purchases through Capital One Travel and 1.5% cash back on all other purchases. There’s no limit to the amount of cash back you can earn, and cash rewards can be used to settle points, make purchases on Amazon or through PayPal, redeem gift cards, or be issued as a check.
How do I get Capital One Quicksilver bonus cash?
You can redeem Capital One Quicksilver Cash Rewards cash back as statement points, have your rewards issued as a check, or use them toward qualifying purchases on Amazon or paying with PayPal.
What are the benefits of the Capital One Quicksilver Card?
In addition to cash back rewards, Capital One Quicksilver Cash Rewards offers several other benefits, such as no foreign transaction fees, extended warranty protection, travel accident insurance, and access to a 24/7 concierge service for assistance with dining, travel, and entertainment reservations .
Please note that card details are accurate as of the date of publication but may be changed by the card issuer at any time. Before applying, contact your card issuer to verify rates, fees and benefits.
The content on this page is accurate as of the date of publication; however, some of the offers mentioned may have expired.
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