Capital One Quicksilver Cash Rewards Credit Card Review – 1.5% Cash Back and $200 Bonus
Overview
If you are looking for a credit card with straightforward cash rewards and no fees, Capital One Quicksilver Cash Rewards Credit Card would be a good choice for what you need. It is a Mastercard credit card with unlimited 1.5% cash back on all purchases. It also offers $200 cash bonus to new card members after qualified spending. In addition, the credit card has no annual fee. It does not have foreign transaction fees either, which means that there are no additional surcharges when you use it to make purchases abroad.
- You will earn a $200 bonus cash after spending $500 on purchases within the first 3 months of account opening
- You will earn unlimited 1.5% cash rewards on all purchases
- Pay no annual fee and no foreign transaction fees
- You can enjoy up to 6 months of complimentary Uber One membership statement credits through 11/14/2024
- You will earn unlimited 5% cash rewards on hotels and rental cars purchased through Capital One Travel, where you'll get the best prices on trip options. Terms Apply
- No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire and there's no cap on how much you can earn
- 0% intro APR on purchases and balance transfers for 15 months; 19.74%-29.74% variable APR afterwards; 3% fee on the amounts transferred within the first 15 months
- Intro APR
- 0% on Purchases and Balance Transfers
- Intro APR Period
- 15 months
- Regular APR
- 19.74% - 29.74% (Variable)
- Annual Fee
- $0
Card Benefits
Welcome bonus
New card members will receive a one-time bonus of $200 cash if you spend at least $500 within 3 months of your rewards membership enrollment date. It means that you only need to spend an average of $134 per month in the first 3 months to qualify for the $200 cash bonus. Once you qualify for the $200 cash bonus, the cash bonus will be applied to your rewards balance within two billing cycles.
Cash Rewards on Purchases
You will earn 1.5% cash back on all purchases. Cash advances, balance transfers, and checks used to access your account are not considered purchases and will not earn rewards. There is no cap on the cash back you can earn. Your cash rewards don’t expire as long as your account is open. For example, if you spend $30,000 on the card in a year, you will receive $450 cash back rewards. Use our cash rewards calculator to find out how much cash back you may receive.
Travel Perks
The Capital One Quicksilver Cash Rewards Credit Card has no foreign transaction fees. If you travel overseas, it is always best to bring a credit cards with no foreign transaction fees. Many consumer credit cards charge transaction fees of 3% on purchases you make in foreign countries. Using a credit card with no foreign transaction fees, such as the Capital One Quicksilver Cash Rewards Credit Card, will save you a few percentage of each purchase you make abroad.
Fees and 0% Intro APR
This credit card has no annual fee. You can keep the card without having to pay a fee. It also lets you enjoy 0% introductory APR on balance transfers. You can use it to transfer your existing credit-card balance to pay no interest for an extended period of 15 months.
Required Credit Rating
The Capital One Quicksilver Cash Rewards Credit Card is for people with good or excellent credit scores. If you have a FICO score of 700 or more, you may qualify for the credit card.
Is this the right card for you?
If you are looking to earn easy cash back with well-rounded benefits, the Capital One Quicksilver Cash Rewards Credit Card is good credit card for you. It provides you with 1.5% cash back on all purchases and $200 cash bonus. Unlike many other cash back credit cards, the Capital One Quicksilver Cash Rewards Credit Card waives foreign transaction fees, which makes it an all-around cash back card for purchases at home and abroad.
Similar Cash Back Credit Cards
If you are interested in the Capital One Quicksilver Cash Rewards Credit Card, you may also consider a few other credit cards with similar benefits.
| Credit Card | Bonus and Rewards | Annual Fee |
|---|
 | Wells Fargo Active Cash® Card | $200 cash rewards bonus after spending $500 in purchases in the first 3 monthsUnlimited 2% cash rewards on purchases | $0
rates & fees |
 | Wells Fargo Autograph℠ Card | 20,000 bonus points when you spend $1,000 in purchases in the first 3 months - that's a $200 cash redemption valueUnlimited 3X points on the things that really add up - like restaurants, travel, gas stations, transit, popular streaming services, and phone plans. Plus, earn 1X points on other purchases | $0
rates & fees |
 | Bank of America® Customized Cash Rewards credit card | $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.3% cash back in the category of your choice, automatic 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases.If you're a Preferred Rewards member, you can earn 25%-75% more cash back on every purchase. That means you could earn 3.75%-5.25% cash back on purchases in your choice category. | $0 |
 | Bank of America® Unlimited Cash Rewards credit card | $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.Unlimited 1.5% cash back on all purchases.If you're a Preferred Rewards member, you can earn 25%-75% more cash back on every purchase. That means you could earn 1.87%-2.62% cash back on every purchase with Preferred Rewards. | $0 |
 | Citi Custom Cash℠ Card | $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.No rotating bonus categories to sign up for - as your spending changes each billing cycle, your earn adjusts automatically when you spend in any of the eligible categories.5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent, 1% cash back thereafter. Also, earn unlimited 1% cash back on all other purchases. | $0 |
 | Citi® Double Cash Card - 18 month BT offer | 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. | $0 |
 | Costco Anywhere Visa® Card by Citi | 4% cash back on eligible gas and EV charging purchases for the first $7,000 per year and then 1% thereafter3% cash back on restaurants and eligible travel purchases2% cash back on all other purchases from Costco and Costco.com1% cash back on all other purchases | $0 |
 | Chase Freedom Unlimited® | Intro Offer: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!Enjoy 6.5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).After your first year or $20,000 spent, enjoy 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases. | $0 |
 | Citi Rewards+® Card | 25,000 bonus points after you spend $1,500 in purchases with your card within 3 months of account opening; redeemable for $250 in gift cards at thankyou.com. Plus, for a limited time, earn 5 ThankYou® Points per $1 spent on hotel, car rentals, and attractions (excluding air travel) booked on the Citi Travel℠ Portal through June 30, 2024.2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and then 1X Points thereafter. Plus, earn 1X ThankYou® Points on All Other Purchases. | $0 |
 | Blue Cash Preferred® Card from American Express | $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).6% Cash Back on select U.S. streaming subscriptions.3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more).1% Cash Back on other purchases. | $0 intro annual fee for the first year, then $95.
(fees) |
 | Blue Cash Everyday® Card from American Express | $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months.3% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases, then 1%.3% Cash Back on U.S. online retail purchases, on up to $6,000 per year, then 1%.3% Cash Back at U.S. gas stations, on up to $6,000 per year in purchases, then 1%. | $0
(fees) |
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