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Capital One Quicksilver Money Rewards Credit score Card Overview
The Capital One Quicksilver Money Rewards Credit score Card means that you can preserve issues easy and watch your rewards develop over time with a limiteless 1.5% rewards fee that you could convert to money again. Nonetheless, you’ll get higher incomes charges with another cash-back playing cards. Card Score*: ⭐⭐⭐½
*Card Score is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.
The Capital One Quicksilver Money Rewards Credit score Card could barely outpace the perks of different money again playing cards with its respectable sign-up bonus and no annual charge (see charges and charges), nevertheless it additionally requires a good credit standing from its candidates of 690 or larger and has just a few drawbacks value contemplating.
Quicksilver’s easy incomes construction could also be interesting — together with its distinction as one of many greatest 0% curiosity playing cards in the marketplace — however what makes it much more so is the flexibility to switch your rewards to Capital One’s switch companions should you additionally maintain a card that earns Capital One miles.
Let’s dive into the cardboard particulars.
Quicksilver sign-up bonus
New Quicksilver cardholders obtain a $200 money bonus after spending $500 on purchases inside the first three months of account opening. That is the greatest supply we’ve seen on this card.
This can be a typical welcome supply for cash-back playing cards with no annual charge, and it has the benefit of a low spending requirement that most individuals ought to be capable of meet with out an excessive amount of effort. However in comparison with the greatest journey bank cards, which may supply sign-up bonuses value hundreds of {dollars}, this $200 is just a few further money in your pocket.
Associated: 13 playing cards at the moment providing sign-up bonuses of 100,000 factors or extra
Quicksilver advantages
The Quicksilver isn’t the cardboard to get if you’d like perks similar to lounge entry or journey credit, which are sometimes included with premium bank cards.
Nonetheless, the Quicksilver does embody some advantages, similar to charging no overseas transaction charges (see charges and charges). This can be a perk that, whereas now practically common on bank cards with annual charges, is rarer for no-annual-fee playing cards.
Different advantages embody:
- As much as 6 months of complimentary Uber One membership assertion credit via Nov. 14, 2024
- Prolonged guarantee
- Concierge service
This can be a respectable listing of advantages for a no-annual-fee card.
Incomes money again on the Quicksilver
The Quicksilver earns a flat 1.5% on all purchases, with no bonus classes.
Incomes the identical quantity on all purchases is okay should you don’t have one high-spending class. Nonetheless, should you make many month-to-month purchases in a single specific class — similar to eating or groceries — you’ll probably need to contemplate a card that earns a bonus in that class.
Associated: One of the best bank cards for every bonus class
Redeeming money again on the Quicksilver
You may redeem your rewards on the Quicksilver as an announcement credit score, examine or reward card. There’s no minimal redemption quantity — simply check in to your account by way of the app or your pc and easily choose your desire.
TPG bank card author Emily Thompson appreciates the flexibility of cash-back rewards. Despite the fact that they are often much less worthwhile than her favourite transferable rewards, she makes use of cash-back to cowl issues that factors and miles don’t, like airport snacks and actions.
Nonetheless, you aren’t restricted to those redemption choices when you have the appropriate card pairing. For those who additionally maintain a card that earns Capital One miles, such because the Capital One Enterprise Rewards Credit score Card, you possibly can convert your cash-back to journey rewards at a fee of 1 Capital One mile per 1 cent of cash-back and switch your them to any of Capital One’s 15-plus lodge and airline companions.
Associated: The final word information to bank card pairings
What playing cards compete with the Quicksilver?
The Quicksilver is a strong no annual charge money again bank card. Nonetheless, there are higher selections for these searching for larger incomes charges and extra advantages.
- When you have a restricted credit score historical past: The Capital One QuicksilverOne Money Rewards Credit score Card additionally earns 1.5% money again on all purchases and comes with a $39 annual charge (see charges and charges) and no sign-up bonus. Past that, the perks and money again are basically an identical.
- If you would like larger incomes potential: The Citi Double Money® Card (see charges and charges) earns 2% on all purchases (1% if you purchase and 1% as you pay) and has no annual charge. For extra particulars, see our full overview of the Citi Double Money.
- For those who favor Chase: The Chase Freedom Limitless additionally has no annual charge, earns 1.5% money again on most purchases and means that you can switch your rewards to journey companions with the appropriate card pairing. Plus, it earns 5% money again on Chase journey booked via Final Rewards and three% again at drugstores and eating. For extra particulars, see our full overview of the Chase Freedom Limitless.
For extra choices, try our full listing of the perfect cash-back and no-annual-fee bank cards.
Associated: How to decide on a cash-back bank card
Is the Quicksilver value it?
The Quicksilver is an effective match for individuals who use one card for all the pieces as a result of it has a easy, flat 1.5% money again incomes fee. For those who don’t spend a lot of your funds in typical bonus spending classes or favor to not juggle playing cards if you’re out and about, the cardboard is value it. Nonetheless, those that need to earn extra in bonus classes will probably need to go along with a distinct card.
Backside line
The Quicksilver affords an honest money again incomes fee together with a strong sign-up bonus and respectable advantages for a no-annual-fee card. Nonetheless, different money again playing cards supply extra beneficiant earnings, so it might not be the perfect match in your spending habits.
For Capital One merchandise listed on this web page, among the above advantages are supplied by Visa® or Mastercard® and should fluctuate by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.
Apply right here: Quicksilver Money Rewards
