dcsimg

Our credit cards articles, reviews and ratings maintain strict editorial integrity and are independent of whether a card is an advertiser (they are neither commissioned by nor reviewed, approved or endorsed by issuers); however we may receive compensation through the issuers' affiliate programs when you click on links to products from our partners and get approved. See details on how we make money here.

Apply online for Capital One® Quicksilver® Cash Rewards Credit Card
About Our Ratings
Credit Needed
Excellent,Good

Capital One® Quicksilver® Cash Rewards Credit Card Review

Pros & Cons

  • Intro perks are good: $100 bonus after you spend $500 on purchase within the first 3 months, and a 0% intro APR for 9 months.
  • If you're a relatively light credit card user, Quicksilver is a great card, you won't have to worry about rotating categories and the 1.5% cash back on every purchase can really add up.
  • Visa Signature® benefits affords you a number of amenities such as 24/7 concierge assistance, travel upgrades and extended warranty on purchases.
  • The 0 interest intro period is relatively short at nine months, so if you anticipate needing longer to pay off your balance, you should shop for a card with a longer intro period.

Top Features

Cashback on Gas
Cashback on groceries
Cashback on other
Annual Fee
$0

Full Review

Curtis Arnold Editor-in-chief

Capital One® Quicksilver® Cash Rewards Credit Card Essentials

Rotating categories in some cash-back credit cards can seem like you're playing a game of roulette. One month you’ll be at the movies flicking kernels of popcorn into your mouth with a smile on your face knowing you’re getting 5 percent back on purchases at the theater, but next month it's only at home improvement stores you can earn those cash-back incentives. What are you going to do at a home improvement store? You can barely handle unclogging the toilet.

With the Capital One® Quicksilver® Cash Rewards Credit Card it doesn't matter where your purchases take you. You automatically earn 1.5 percent cash back on all your purchases, anywhere. And those points never expire. That means you're good for milking some cash back from the movie theaters and, if you’re feeling brave enough, the home improvement store as well.

Capital One® Quicksilver® Cash Rewards Credit best features:

  • A consistent 1.5 percent cash back on all your purchases.
  • Receive a $100 bonus after spending $500 within your first three months.
  • An intro APR offer for nine months – you won't pay interest on purchases or balance transfers for the first nine months.
  • Complimentary concierge service,ready to help you around the clock.

What Our Editors Like Most About the Capital One® Quicksilver® Cash Rewards Credit Card

The Capital One® Quicksilver® Cash Rewards Credit Card is good for earning consistent 1.5 percent cash back without registering for quarterly promotions, which means it’s also your best bet if your purchasing habits don't fall into predictable patterns.

Because Capital One has reserved this version of its credit card for those with excellent credit, the bank can afford to load this account up with special benefits that stack up nicely against cards with annual fees and higher APRs. The Capital One® Quicksilver® Cash Rewards Credit Card gives you a full slate of member privileges, such as complimentary around the clock concierge assistance, extended warranty protection on your purchases and travel upgrades as part of your Visa Signature® benefits.

Many banks charge a premium annual fee for access to perks like these, and you'd easily pay hundreds of dollars a month for a virtual assistant who can help handle your travel requests.

It's also worth noting that the Quicksilver card, as with all Capital One offerings, charges no foreign-transaction fees on purchases made outside of the U.S., so feel free to take this card with you on your next adventure abroad. You’re also protected with fraud coverage and security alerts.

Potential Downsides of the Capital One® Quicksilver® Cash Rewards Credit Card®

While the Quicksilver is a no-gimmick card with a straight-and-to-the-point cash-back rewards structure, you can earn quite a bit more cash back with cards that offer rewards in rotating categories of up to 5 percent. You might be someone who does shop a lot at home improvement stores, does a lot of grocery shopping or fills up on gas frequently, so a card that rewards those purchases at a higher rate could certainly benefit you. The intro APR offer is slightly short – three months shy of a year - where other cash-back cards' APR offers stretch out over the course of a year or longer, so if you need a lengthy balance transfer offer or have a big purchase on the horizon you might want to look for another card with a longer intro period.

How the Capital One® Quicksilver® Cash Rewards Credit Card Compares to Other Cash-back Cards

Capital One® Quicksilver® Cash Rewards Credit Card vs. Chase Freedom®

Both cards come with no annual fee and intro APR offers; however, the Chase Freedom® boasts a 15-month intro APR on both purchases and balance transfers, much longer than the nine months offered by Quicksilver. But Chase Freedom will charge you 3 percent per transaction if you use the card while abroad.

Still, Chase Freedom® has a higher introductory cash bonus of $150, compared to the Quicksilver offering $100, after you spend $500 during your first three months of opening an account.

Where the meat of the comparison falls is in each card's rebates. Chase Freedom® is a rotating-categories cash-back card that offers 5 percent cash back on up to $1,500 in purchases made in quarterly categories for which you must sign up. Once you reach that spending cap of $1,500, the cash back drops to a flat 1 percent, below the everyday earning rate of 1.5 percent with the Quicksilver. In the short term, you could reap higher rewards with Chase Freedom® if you're organized enough to spend in the rotating categories, but, if simplicity is what you value and you aren't willing to spend only in the bonus categories, the flat-rate Quicksilver is likely a better bet..

Capital One® Quicksilver® Cash Rewards Credit Card vs. Blue Cash Preferred® Card from American Express

Unlike the aforementioned Chase Freedom®, the Blue Cash Preferred® Card from American Express is a tiered-rate rewards card that gives cardholders the chance to earn 6 percent cash back at U.S. grocery stores, 3 percent cash back at gas stations and 1 percent on everything else (American Express is a CardRatings advertiser). That means that, if you spend in those categories, you stand to earn a lot of cash back with this card. That said, you don't want to spend too much in the grocery category – once you hit a $6,000 cap annually your rate falls to 1 percent cash back on every purchase. That means Quicksilver offers higher cash back once you cap out on your annual spending.

Additionally, the Quicksilver doesn't have an annual fee like the $95 the Blue Cash Preferred® Card from American Express charges, but its intro APR is three months shorter than the Blue Cash Preferred®’s 12-month offer.

Capital One® Quicksilver® Cash Rewards Credit Card vs. Chase Freedom Unlimited℠

The Chase Freedom Unlimited℠ is somewhat of a sibling to the Quicksilver in terms of the rewards they both offer. Both allow cardholders to earn a flat rate of 1.5 percent cash back on all purchases and neither comes with an annual fee.

Where they differ is in the details surrounding their intro offers. The Chase Freedom Unlimited℠ has a far longer introductory 0 percent APR offer of 15 months on purchases and balance transfers as compared to Quicksilver’s offer of nine months. Chase Freedom Unlimited℠ also gives you a chance to earn $150 dollars, as opposed to $100 with the Quicksilver Card, after spending $500 within three months of opening an account.

The Quicksilver Card does, however, beat out Chase Freedom Unlimited℠ for those who travel abroad often by not charging foreign transaction fees.

Who Should Get This Card?

It's hard to find a consistently stronger flat-rate cash-back credit card with no annual fee than the Quicksilver Card. This is a decent choice for the credit card user who wants an everyday card and doesn't want to have to keep up with rotating categories or even tiered reward levels. Plus, the Quicksilver Card travels well with its lack of foreign transaction fees.

Still, if your monthly credit card statement reads like the departures list at your favorite airport, you might prefer earning a higher rewards rate from a travel-oriented card like the Capital One® Venture® Rewards Card.

This card compared to other cash back cards

Cashback on Gas
3% at U.S. gas stations
5%
Cashback on Groceries
6% at U.S. supermarkets on up to $6,000 per year in purchases (then 1%)
1%
Cashback on other
1% other purchases. Terms and limitations apply.
5% cash back in rotating categories each quarter like gas stations, restaurants, Amazon.com, wholesale clubs and more, up to the quarterly maximum each time you activate. Plus, unlimited 1% cash back on all other purchases.
Purchase Intro
APR:
0% intro on purchases
Period:
for 9 months
APR:
0% on Purchases
Period:
for the first 12 months
APR:
0%
Period:
14 months
Purchase APR
13.49% - 23.49% Variable
13.74%-23.74% Variable 
11.49% - 23.49% Variable 
Rates and Fees
CardRatings.com Editorial Staff

Capital One® Quicksilver® Cash Rewards Credit Card details

Points or Miles
1.5 % Cash Back on every purchase, every day.
Bonus Miles or Points
100 Cash Back
after you spend $500 on purchases within 3 months of approval
Purchase Intro
APR:
0% intro on purchases
Period:
for 9 months
Purchase APR
13.49% - 23.49% Variable
Annual Fee
$0

What Capital One says about this card

  • One-time $100 cash bonus after you spend $500 on purchases within 3 months of approval
  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories or sign ups needed to earn cash rewards; plus, cash back doesn’t expire and there’s no limit to how much you can earn
  • 0% intro APR on purchases for 9 months; 13.49%-23.49% variable APR after that
  • Balance transfers also have a 0% intro APR for 9 months; 13.49%-23.49% variable APR after that; a 3% fee applies to each balance transferred
  • Pay no annual fee or foreign transaction fees

Credit Card Consumer Reviews:

  1. No reviews available for this card.   Be the first to review!

Write Consumer Reviews:





E-Mail will not be published









Start Here

Search. Compare. Apply.

Apply online for Blue Cash Preferred® Card from American Express

Blue Cash Preferred® Card from American Express

  • Limited Time Offer: Apply by 5/3/17 - Earn 10% cash back on purchases at U.S. Restaurants in the first 6 months, up to $200 back.
  • Plus, earn $150 back after you spend $1,000 in purchases on your new Card within the first 3 months.
  • Everyday Cash Back: 6% at U.S. supermarkets on up to $6,000 per year in purchases (then 1%); 3% at U.S. gas stations; 1% on other purchases. Terms and limitations apply.
  • No rotating reward categories. No enrollment required.
  • Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. You can only earn cash back on eligible purchases.
  • $95 Annual Fee. 0% intro APR on purchases and balance transfers for 12 months, then a variable rate, currently 13.74% to 23.74%, based on your creditworthiness and other factors.
  • Terms Apply.
Terms and Limitations Apply
Credit Needed:
Excellent, Good
Apply online for Discover it® - Cashback Match™

Discover it® - Cashback Match™

  • Get a dollar-for-dollar match of all the cash back you've earned at the end of your first year, automatically.
  • Earn 5% cash back in rotating categories each quarter like gas stations, Amazon.com, restaurants, wholesale clubs and more, up to the quarterly maximum each time you activate. Plus, unlimited 1% cash back on all other purchases.
  • Redeem your cash back for any amount, any time. Cash rewards never expire.
  • 100% U.S. based customer service.
  • Get your FICO(R) Credit Score for free on monthly statements and online.
  • No annual fee.
  • Click "APPLY NOW" to see rates, rewards, FICO(R) Credit Score terms, Cashback Match(TM) details & other information.
Credit Needed:
Excellent/Good