Capital One Quicksilver Cash Rewards: Overview

APR

• Intro: 0% intro APR on purchases for 15 months (after that, the variable APR shall be 19.99%–29.99%)
• Purchase: 19.99%–29.99% Variable, primarily based in your creditworthiness
• Balance switch: 19.99%–29.99% Variable
• Cash advance: 29.99% plus a charge of $3 or 3% of the quantity of every cash advance, whichever is larger

Annual charge: $0

Foreign transaction charge: 0%

Late fee charge: Up to $40

The Capital One Quicksilver Cash Rewards Credit Card is a strong selection for anybody who will get annoyed monitoring bonus rewards classes. Instead of rotating classes like many different playing cards, you get a flat 1.5% cash back on each buy with no cap or spending restrict, plus 5% cash back on motels and rental automobiles booked by means of Capital One Travel. You can redeem rewards for a press release credit score or reward playing cards or use factors for purchases at Amazon or by way of Paypal.

The card additionally boasts no annual or overseas transaction charges, journey accident insurance coverage, and 24/7 journey help to interchange your card if misplaced or stolen—all options that make the cardboard a worthy touring companion. You’ll additionally profit from Capital One’s journey perks, together with personal lounge entry and instruments that will help you get the bottom worth on motels and flights. Extended guarantee safety makes it a great choice for giant purchases as effectively.

Capital One Quicksilver Cash Rewards: Rewards

The Capital One Quicksilver Cash Rewards Credit Card provides 5% cash back on motels and rental automobiles booked by means of Capital One Travel, plus a vast 1.5% cash back on each different buy. There aren’t any caps on how a lot you possibly can earn; the one spending restrict is your credit score line. 

Rewards by no means expire, however you’ll lose unredeemed rewards when you shut your account. 

Does Capital One Quicksilver Cash Rewards provide a bonus?

New card members can get a $200 cash bonus for making complete purchases of $500 or extra inside the first 3 months after opening your account when you apply by means of Capital One immediately. Note that earlier cardmembers or those that have obtained a brand new cardmember bonus from Capital One within the earlier 48 months aren’t eligible for this bonus.

How to redeem Capital One Quicksilver Cash Rewards rewards

Cash

Cash-back rewards might be issued as a examine by logging into your Capital One account on-line. You also can get your cash rewards by examine or arrange an automated redemption schedule to get checks at common intervals or when you meet a sure rewards threshold.

Statement credit score

Rewards might be utilized to your excellent steadiness as a press release credit score by means of your on-line account or Capital One’s cellular banking app. However, you’ll nonetheless must make your minimal fee, even when you have sufficient rewards to cowl your excellent steadiness.

Cover your purchases

You can apply your rewards to earlier purchases to assist cowl the fee, though the speed for these redemptions might range, and Capital One reserves the proper to vary redemption charges at any time.

Gift playing cards

You can use rewards to buy reward playing cards by means of your on-line account or the cellular app, however redemption charges might range and are topic to vary.

Amazon purchases

If you enroll your Capital One card in Shop with Points at Amazon.com, you should use your accessible rewards to assist cowl the price of buying hundreds of thousands of eligible objects. Rewards get deducted from the overall buy worth, and also you’ll solely pay the remaining steadiness. Simply select your Capital One Quicksilver Cash Rewards card at checkout to see your accessible rewards.

PayPal

Connect your Capital One Quicksilver Cash Rewards card along with your PayPal account to make use of your rewards while you pay with PayPal at eligible retailers. Millions of on-line retailers take part, together with Apple, Home Depot, and Target.

Additional advantages

In addition to incomes 5% cash back on motels and rental automobiles booked by means of Capital One Travel and 1.5% cash back on each different buy, the Capital One Quicksilver Cash Rewards Credit Card affords the next advantages:

• Extended guarantee: Get prolonged guarantee safety on eligible objects bought along with your card.
• Capital One purchasing: Use this on-line device to have accessible coupon codes mechanically utilized to your orders.
• Complimentary concierge: Get 24/7 personalised assist with eating, leisure, and journey.
• Travel accident insurance coverage: You’re mechanically coated at no extra cost while you use your card.
• Capital One eating and leisure: Access unique eating and leisure occasions.

Is Capital One Quicksilver Cash Rewards best for you?

With $0 annual charge and strong journey advantages, the Capital One Quicksilver Cash Rewards is a powerful contender when you don’t like monitoring rotating rewards classes. 0% overseas transaction charges and 5% cash back on motels and rental automobiles booked by means of Capital One Travel additionally increase it as a journey card to think about.

The limitless 1.5% cash back on each different buy can also be an honest perk. However, there are flat-rate cash-back rewards playing cards on the market that supply extra back.

Credit playing cards just like Capital One Quicksilver Cash Rewards

Several different playing cards present comparable rewards to the Capital One Quicksilver Cash Rewards. Whether you’re in it for the journey perks or cash back on different purchases, one of many following playing cards could also be a greater match.

Wells Fargo Active Cash® Card vs. Capital One Quicksilver Cash Rewards

The Wells Fargo Active Cash® Card is one other flat-rate cash-back rewards card, however not like the Capital One Quicksilver Cash Rewards, Wells Fargo’s card provides 2% back on all purchases. It additionally has no annual charge and offers a 0% intro APR on purchases and qualifying steadiness transfers for the primary 15 months.

If you’re a frequent traveler, the Capital One Quicksilver Cash Rewards could also be higher when you’re a frequent traveler because it affords no overseas transaction charges and different journey advantages. The Wells Fargo Active Cash® Card fees a 3% overseas transaction charge, which might eat into any journey funds.

Capital One Venture Rewards Credit Card vs. Capital One Quicksilver Cash Rewards

The Capital One Venture Rewards Credit Card is tempting for frequent vacationers. You can rack up miles shortly with limitless rewards and 2x miles on each buy. You’ll additionally rise up to a $100 credit score for Global Entry or TSA PreCheck® each 4 years while you buy along with your Venture card. 

Of course, if you’d like cash-back rewards, the Capital One Quicksilver Cash Rewards could be higher since you possibly can solely redeem Venture miles for journey.  The Capital One Venture Rewards additionally has a $95 annual charge, not like the Capital One Quicksilver Cash Rewards, which has a $0 annual charge. 

Citi® Double Cash Card vs. Capital One Quicksilver Cash Rewards

The Citi® Double Cash Card is one other $0 annual charge cash-back card, boasting 2% cash back versus the Capital One Quicksilver Cash Rewards card’s 1.5% cash back. The caveat is that with Citi’s card, you earn the two% back in two elements: 1% back while you make the acquisition and 1% back while you pay it off. If you’re the sort to hold a steadiness, this will likely make the Capital One Quicksilver Cash Rewards card a greater decide.

The Citi® Double Cash Card provides an extended intro APR, with 0% for the primary 18 months, in comparison with 0% for 15 months with Capital One Quicksilver Cash Rewards. But you received’t get any journey advantages with Citi’s cash-back card, so frequent vacationers might want the Capital One Quicksilver card.

Frequently requested questions

How does Capital One Quicksilver Cash Rewards work?

The Capital One Quicksilver Cash Rewards card affords 5% cash back on resort and rental automotive purchases made by means of Capital One Travel plus 1.5% cash back on all different purchases. There’s no restrict to how a lot cash back you possibly can earn, and cash rewards can be utilized towards assertion credit, purchasing on Amazon or by way of PayPal, redeemed for reward playing cards, or issued as a examine.

How do I get my Capital One Quicksilver Rewards cash?

You can redeem your Capital One Quicksilver Cash Rewards cash back as a press release credit score, have rewards issued as a examine, or use them in the direction of eligible purchases on Amazon or when paying with PayPal.

What perks does the Capital One Quicksilver card have?

In addition to cash-back rewards, the Capital One Quicksilver Cash Rewards affords a number of different perks, similar to no overseas transaction charges, prolonged guarantee safety, journey accident insurance coverage and entry to a 24/7 concierge for assist with eating, journey, and leisure reservations.

Please be aware that card particulars are correct as of the publish date however are topic to vary at any time on the issuer’s discretion. Before making use of, please contact the cardboard issuer to confirm charges, charges, and advantages.

The content material on this web page is correct as of the posting date; nonetheless, a few of the affords talked about might have expired.