Capital One QuicksilverOne Cash Rewards Credit Card review
This card allows cardholders with average to limited credit to build their score while simultaneously enjoying perks (and cash back!) that is usually reserved only for upper-echelon cash-back credit cards that are harder to get.
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Key Features
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- A simple rewards structure gives cardholders the chance to earn unlimited 1.5% cash back on every purchase with no rotating categories, spending tiers or caps to worry about.
- Allows those with less-than-stellar credit to get in the cash-back game.
- With no foreign transaction fees, this is a decent choice if you plan to travel abroad.
- While the annual fee isn't high, it is something to consider. What is high, is the APR at RegAPR; make sure you're paying off your balance in full every billing cycle. (See Rates and Fees)
card_name benefits
The CardName allows cardholders with average to limited credit to, with responsible use, build their score while simultaneously enjoying perks (and cash back!) usually reserved for upper-echelon cash-back credit cards. Its mainstay is 1.5% flat-rate cash back on all purchases. With only a small annual fee of AnnualFees and no rotating categories, the QuicksilverOne offers one of the simplest cash- back programs out there and it’s still an option even if your credit is less than excellent.
Some of the best features of this card include:
- 1.5% cash back on all purchases
- Easy access to a higher line of credit in as little as six months
- $0 fraud liability for unauthorized charges
- Credit profile monitoring with the CreditWise® app
- No foreign transaction fees
- See Rates and Fees
When it comes to rewards, you can redeem your reward cash for a statement credit with no minimum redemption required and no redemption fee. That’s a big deal when a few extra dollars will make a difference in your monthly budget. If you’re likely to forget about your cash-back rewards, you can put your rewards redemption on autopilot. Just request automatic statement credits whenever your cash-back rewards balance hits $25 (or whatever dollar amount feels best for you).
Potential downsides of the card_name
An offer of 1.5% cash back is good for users with average credit; however, there are much more competitive cash-back deals for applicants whose credit is in excellent or good standing. If that’s you, you can likely find higher cash-back rewards with a different card. Also depending on whether you are going into membership with a mindset geared more toward building your credit or trying to reap a few dollars back, it wouldn’t hurt to consider secured or prepaid credit cards that are designated primarily for building your credit.
There is also a AnnualFees annual fee attached to the card. While you could earn some of the annual fee back with that 1.5% ongoing reward rate, the cash back is not nearly enough of an equalizer if you’re planning to carry a balance. At RegAPR, the ongoing APR is high (though not unusually so for a card available to those with fair credit). Still, a card with an introductory APR offer – or at least a lower ongoing APR – could be a better fit if carrying a balance is something you do from time to time. See Rates and Fees
How do cardholders rate the card_name?
CardRatings conducts a survey annually to learn what actual cardholders think of their cards. Here are the results for the card_name:
| Current Scores | Past Scores | |
|---|---|---|
| Overall Score | 82.9 | 82.8 |
| Features Satisfaction | 8.2 | 8.2 |
| Customer Service | 8.1 | 8.5 |
| Website/App Usability | 8.5 | 8.5 |
| Likelihood of Continuing to Use | 8.7 | 8.6 |
| Recommend to a Friend/Colleague | 8.4 | 8.1 |
How the card_name compares to other cards
card_name vs. CardName
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Both the Capital One QuicksilverOne and the CardName are good choices to earn cash back on every purchase you make. Each card provides unlimited 1.5% cash back on all purchases along with perks such as no foreign transaction fees. See Rates and Fees
While the cards are similar, QuicksilverOne doesn’t have a welcome offer at this time. However, Capital One Quicksilver offers new cardholders a one-time $200 bonus once spending $500 on purchases in the first three months. Another benefit of the Capital One Quicksilver credit card is that it doesn’t charge an annual fee.
The main difference between these two cards boils down to credit scores. While the Capital One Quicksilver card has a bit of an edge over the QuicksilverOne, you’ll need good or excellent credit to open an account. For those with lower credit scores, the QuicksilverOne is a good alternative. It offers a similar level of benefits for a relatively low annual fee.
To learn more about how these two cards line up side-by-side, check out our in depth Capital One Quicksilver vs. QuicksilverOne comparison.
See Rates and Fees for the Quicksilver card.
card_name vs. card_name
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The Capital One QuicksilverOne card and CardName are two options for cardholders with average or fair credit scores. The QuicksilverOne card provides cash back rewards however, and the Platinum card does not.
Like the QuicksilverOne, the Capital One Platinum card offers a chance to access a higher credit limit in as little as six months. The card also doesn’t charge an annual fee (See Rates and Fees), which can make it a more economical choice when compared to the AnnualFees annual fee charged by the QuicksilverOne card (See Rates and Fees).
In terms of added benefits, both cards have a similar set of perks. Plus, neither card charges foreign transaction fees.
Is the card_name a good card?
The CardName can either be a great standalone card thanks to its 1.5% cash back offer on all purchases, or a credit-building card to get you started in the right direction; i.e. as a segue into higher-tier credit cards with greater rewards. Maybe for you, it’s both!
For average credit card users the QuicksilverOne comes off as a steal because of its dual nature of offering you something back in your pocket as well as opportunities for your credit to climb the ladder as long as you use the card responsibly. If you can find the perfect balance between spending responsibly and utilizing the credit preserving tools the QuicksilverOne has in store, it could be a solid card choice for you.
Frequently asked questions
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Our Methodology
Survey methodology: CardRatings commissioned Op4G in September 2023 to conduct surveys among 1,869 cardholders nationwide. CardRatings website analytics from Jan. 1, 2023-Aug. 31, 2023 were used to determine a selection of the most popular cards and additional cards were included to add survey breadth. Responses to each of nine questions were given on a scale of 1-10 and respondents’ scores were then averaged under broad topics. To determine the overall score, responses from questions 1-8 were summed and the answer to "How likely are you to recommend this card to a friend, coworker or family member?" was double weighted. Current Scores reflect scores from the most recent survey (2023); “Past Scores” reflect scores from the 2022 survey.
Disclaimer:The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we cannot guarantee the accuracy of the information in this article. Reasonable efforts are made to maintain accurate information. See the online credit card application for full terms and conditions on offers and rewards. Please verify all terms and conditions of any credit card prior to applying.
This content is not provided by any company mentioned in this article. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any such company. CardRatings.com does not review every company or every offer available on the market.
For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
