Capital One® Quicksilver® Cash Rewards Credit Card Review – 1.5% Cash Back and $200 Bonus

By

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.

  • One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening
  • 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 won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases for 15 months; 15.49%-25.49% variable APR after that
  • Pay no annual fee or foreign transaction fees

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 CardBonus and RewardsAnnual Fee
Bank of America Customized Cash Rewards Credit CardBank 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 up to 5.25% cash back on purchases in your choice category.
  • $0
    Chase Freedom UnlimitedChase Freedom Unlimited®
  • A $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • Unlimited 1.5% cash back on all other purchases.
  • 5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1.5% on all other purchases.
  • $0
    Capital One SavorOne Cash Rewards Credit CardCapital One SavorOne Cash Rewards Credit Card
  • A one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening
  • Unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), plus 1% on all other purchases. Plus, earn 8% cash back on tickets at Vivid Seats through January 2023
  • $0
    Blue Cash Preferred Card from American ExpressBlue Cash Preferred® Card from American Express
  • 20% back on Amazon.com purchases on the Card within the first 6 months of Card Membership, up to $200 back.
  • Plus, earn $150 back after you spend $3,000 in purchases on the Card within the first 6 months of Card Membership. You will receive cash back in the form of statement credits.
  • 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 introductory annual fee for the first year, then $95.
    (fees)
    Blue Cash Everyday Card from American ExpressBlue Cash Everyday® Card from American Express
  • 20% back on Amazon.com purchases on the Card in the first 6 months of Card membership, up to $150 back.
  • Plus, earn $100 back after you spend $2,000 in purchases on your new Card within the first 6 months of card membership. You will receive cash back in the form of statement credits.
  • 3% Cash Back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%).
  • 2% Cash Back at U.S. gas stations and at select U.S. department stores.
  • 1% Cash Back on other purchases.
  • $0
    (fees)
    Bank of America Travel Rewards Credit CardBank of America® Travel Rewards credit card
  • 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases
  • Unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire
  • $0
    American Express Blue Business Cash CardAmerican Express Blue Business Cash™ Card
  • A $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
  • 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
  • $0
    (fees)
    Ink Business Cash Credit CardInk Business Cash℠ Credit Card
  • $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
  • 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
  • $0
    Capital One Spark Cash PlusCapital One Spark Cash Plus
  • Up to a $1,000 cash bonus; $500 once you spend $5,000 in the first 3 months, and $500 once you spend $50,000 in the first 6 months of account opening
  • An annual $200 cash bonus every year you spend $200,000 or more
  • Unlimited 2% cash back on every purchase, everywhere-with no limits or category restrictions
  • Add employee cards for free, and earn unlimited 2% cash back from their purchases
  • $150
    Ink Business Preferred Credit CardInk Business Preferred℠ Credit Card
  • 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
  • 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year.
  • 1 point per $1 on all other purchases
  • $95
    Ink Business Unlimited Credit CardInk Business Unlimited℠ Credit Card
  • $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
  • Unlimited 1.5% cash back on every purchase made for your business
  • $0
    Citi Premier CardCiti Premier® Card
  • 80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening
  • 80,000 Points are redeemable for $800 in gift cards when redeemed at thankyou.com
  • 3 Points per $1 spent at Restaurants and Supermarkets
  • 3 Points per $1 spent at Gas Stations, Air Travel and Hotels
  • 1 Point per $1 spent on all other purchases
  • $95
    Bank of America Premium Rewards Credit CardBank of America® Premium Rewards® credit card
  • Receive 50,000 online bonus points - a $500 value - after you make at least $3,000 in purchases in the first 90 days of account opening
  • Unlimited 2 points for every $1 you spend on travel and dining purchases. Plus, earn 2 points for every $1 spent on grocery store purchases - now through 12/31/21.
  • 1.5 points for every $1 you spend on all other purchases. No limit to the points you can earn and your points don't expire.
  • $95
    Chase Sapphire Preferred CardChase Sapphire Preferred® Card
  • 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate Rewards®.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 100,000 points are worth $1,250 toward travel.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • $95
    Capital One Venture Rewards Credit CardCapital One Venture Rewards Credit Card
  • Enjoy a one-time bonus of 60,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $600 in travel
  • Unlimited 2X miles on every purchase, every day
  • $95
    Citi Rewards+ CardCiti Rewards+® Card
  • For a Limited Time, earn 20,000 bonus points after you spend $1,500 in purchases with your card within 3 months of account opening; redeemable for $200 in gift cards at thankyou.com
  • 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

    Editorial Note: The editorial content on this page is prepared by CardBenefit staff. Opinions expressed herein are author's alone, not those of the bank, credit card issuer, airlines or hotels, and have not been reviewed, approved or otherwise endorsed by any of these entities.

    Disclosure on User Generated Content: The responses on our site are not provided or commissioned by the advertiser. Responses have not been reviewed, approved or otherwise endorsed by the advertiser. It is not the advertiser's responsibility to ensure all posts and/or questions are answered.

    Subscribe to our latest articles, news, and promotions!
    Leave a Reply, And Voice Yourself

    Please enter your name
    Please enter your email