The Capital One QuicksilverOne Cash Rewards Credit Card offers an exceptional opportunity for individuals with average credit to earn rewards on their everyday purchases. Featuring a straightforward rewards system, this credit card enables cardholders to earn 1.5% cash back on every purchase, without the need for tracking bonus categories or rotating rewards.
Designed for individuals with limited, fair, or good credit, the QuicksilverOne card provides a competitive rewards rate compared to other cards in its category. With a reasonable annual fee, this card can serve as a stepping stone for individuals looking to build their credit history while taking advantage of a solid cashback program. The card’s impressive cashback offering has captured the attention of many seeking a flexible and uncomplicated solution for earning rewards.
- Rewards rate: Cardholders earn a flat 1.5% cash back on all purchases with no limit, making it an excellent choice for those seeking simplicity in a rewards card.
- Annual fee: This card comes with a $39 annual fee. It’s important to weigh the potential rewards against the fee when considering this card.
- APR: The Capital One QuicksilverOne Card has an APR that is above average for cards targeting people with fair credit. Make sure you review the interest rates before applying.
- Accessibility: The credit card is suitable for consumers with credit scores ranging from 0 to 660, serving as a good starter card.
- Cardholder perks: The QuicksilverOne card offers several useful cardholder benefits, such as extended warranty protection, travel accident insurance, and 24/7 customer service.
With its straightforward rewards structure and accessible credit requirements, the Capital One QuicksilverOne Cash Rewards Credit Card can be an excellent option for those seeking to build or improve their credit while earning cash back on everyday purchases.
The Capital One QuicksilverOne Cash Rewards Credit Card offers a straightforward rewards program for its cardholders. With this card, you earn 1.5% cash back on all purchases, regardless of the category or spending limit. This simple rewards structure makes it easy to understand and earn cash back without worrying about rotating categories or restrictions.
Another advantage of the QuicksilverOne card is that the cash back rewards do not expire as long as the account remains open. Cardholders can also redeem their rewards for any amount, giving them flexibility in how they use their cash back earnings. Some options for redemption include statement credit, checks, gift cards, or even directly applying the rewards towards purchases made on Amazon.com.
Although the QuicksilverOne card comes with an annual fee, its rewards program can still potentially outweigh the cost for those who spend enough. For instance, you will need to spend around $2,667 per year on the card to earn enough cash back to offset the annual fee.
In summary, the rewards program of the Capital One QuicksilverOne Cash Rewards Credit Card provides a simple and hassle-free way to earn a flat rate of 1.5% cash back on all purchases, making it appealing to individuals looking for uncomplicated credit card rewards.
Fees and APR
The Capital One QuicksilverOne Cash Rewards Credit Card comes with an annual fee of $39, which is relatively low compared to other cashback cards with similar rewards rates. There is no balance transfer fee associated with this card, making it an appealing option for those looking to consolidate debt from other credit cards.
The card offers a competitive APR on purchases and balance transfers for individuals with fair or average credit. However, it’s essential to keep in mind that the actual APR can vary depending on your creditworthiness. Be sure to review the card’s terms and conditions before applying, so you have a better understanding of the possible APR range.
As for foreign transactions, the QuicksilverOne card comes with the advantage of no foreign transaction fees, making it a suitable option for international travelers or those who make purchases in foreign currencies. This feature can save cardholders money by avoiding the typical 3% fees charged by many other credit cards for transactions made outside of the United States.
In addition to the annual fee and APR, it’s important to consider other potential costs associated with the Capital One QuicksilverOne Cash Rewards Credit Card, such as late payment fees and cash advance fees. Make sure to review these details in the card’s terms and conditions to ensure you’re aware of all potential charges.
Pros and Cons
The Capital One QuicksilverOne Cash Rewards Credit Card is designed for people with fair credit, offering a competitive rewards rate and valuable benefits. In this section, we’ll explore the pros and cons of the card to help you decide if it’s the right choice for you.
- 1.5% cash back on all purchases: The card offers an unlimited 1.5% cash back on every purchase, which is a decent rewards rate.
- Accessible for fair credit: This card is designed for people with fair credit, making it an excellent option for those looking to build their credit and earn rewards.
- No foreign transaction fees: The card doesn’t charge any foreign transaction fees, making it a suitable option for travelers.
- 5% cash back on hotels and rental cars: According to, the card offers 5% cash back on hotels and rental cars booked through the Capital One Travel portal.
- Annual fee: The card comes with a $39 annual fee. However, some people may find it reasonable considering the rewards and benefits offered by the card.
- No sign-up bonus: Unlike some other credit cards, the QuicksilverOne Cash Rewards card doesn’t offer a sign-up bonus.
Comparison to Other Credit Cards
The Capital One QuicksilverOne Cash Rewards Credit Card is a solid option for those with average credit looking to build their credit history while earning cash back rewards. To better understand its value, it’s essential to compare it with other cards in the market.
Starting with the Capital One Quicksilver Cash Rewards Credit Card, this option is designed for those with good credit, offering better benefits such as no annual fee and a higher welcome bonus. Both cards, however, offer 1.5% cash back on all purchases.
Another competitor is the Capital One Platinum Credit Card. This card serves as an alternative for those with average credit but is more focused on credit building through responsible use than rewards. It does not offer cash back rewards, but it does not have an annual fee either.
For those looking to compare the QuicksilverOne card with secured cards, the QuicksilverOne still stands out by offering 1.5% cash back, whereas many secured cards do not provide any rewards whatsoever.
In summary, the Capital One QuicksilverOne Cash Rewards Credit Card has its unique benefits for individuals with average credit when compared to other starter credit cards or secured cards. Consider your credit score and financial goals when selecting the best card for your specific needs.
Who is This Card Best For?
The Capital One QuicksilverOne Cash Rewards Credit Card is an excellent choice for individuals with average or fair credit who want to improve their credit scores while earning cash back rewards. As it offers a flat 1.5% cash back on all purchases, it works well for those who prefer simple and straightforward rewards.
With credit scores ranging from 0 – 660, this card can be a suitable starter card for those looking to transition into other rewards credit cards in the future. Individuals who don’t want to deal with rotating bonus categories or spending caps may find the QuicksilverOne card particularly appealing.
However, it is essential to note that this card comes with an annual fee. Thus, it may not be the best option for people who are not comfortable with annual fees or those not planning to spend enough to offset the cost.
How to Apply
To apply for the Capital One QuicksilverOne Cash Rewards Credit Card, follow these simple steps:
- Visit the Capital One QuicksilverOne Cash Rewards web page.
- Click the ‘Apply Now’ button to start the application process.
- Provide the required personal information, such as your name, date of birth, Social Security number, and contact information.
- Supply information about your employment and income, as well as any bank accounts you may have.
- Review the terms and conditions, and submit your application.
Capital One usually provides an instant decision, but it may take longer if they need to verify your information. If you’re approved, you can expect to receive your new card within 7-10 business days.
It’s important to note that the Capital One QuicksilverOne Cash Rewards Credit Card is geared toward consumers with fair credit, typically in the 0 – 660 range. You’ll have a better chance of approval if your credit score falls within this range.
The Capital One QuicksilverOne Cash Rewards Credit Card is a valuable option for individuals looking to build credit while earning cash back. The card offers a flat 1.5% cash back on all purchases, which is quite competitive in comparison to other credit cards designed for consumers with average credit.
Although the card comes with a $39 annual fee, the rewards earned can help offset the cost, especially for those who frequently use the card for everyday spending. Additionally, the QuicksilverOne card provides access to benefits, such as fraud protection, account alerts, and the ability to monitor one’s credit score through CreditWise.
While the card may not offer the same additional perks as some cards geared towards consumers with higher credit scores, the QuicksilverOne remains an accessible choice for those seeking cash back while improving their credit. It is especially beneficial for those who are committed to making punctual payments and maintaining a low balance, as this will contribute to positive credit-building habits.