Capital One Quicksilver Cashback Card

Our Rating: 92

Quicksilver By Capital One December 2020 Review

Annual Fee:$0
Reccomended Credit Score:Good to Excellent (670 - 850)
Inroductory APR:0% on purchases for 15 months
Regular APR:15.49% - 25.49% (Variable)

Capital OneQuicksilver Cash Rewards Overview

Consumers with good to excellent credit who want a card offering flat-rate rewards on purchases with no annual fee will find the Capital One Quicksilver Cash Rewards Credit Card as a great choice. The card features a 15-month intro 0% APR for the first 15 months which then moves to 15.49% - 25.49%

With the Capital One Quicksilver Cash Rewards Credit Card, you will earn unlimited 1.5% cashback on every purchases. When you spend $500 in your first three months you will also earn a $200 cashback bonus.

Pros

  • No annual fees or foreign transaction fees
  • An unlimited flat rate of 1.5% cashback returns on everyday purchases
  • Earn a $200 cash bonus when you spend $500 within the first 3 months of opening an account
  • Security and travel protections

Cons

  • Cash rewards are not offered in bonus categories (ex. no extra rewards on top of the 1.5% offered on groceries, gas, or travel)
  • Good to excellent credit score recommended to qualify

Who the CapitalOne Quicksilver Rewards Credit Card is ideal for

The Quicksilver is ideal for those who want to simply earn a flat rate cashback reward on everyday purchases. With this card, there is no need to rotate multiple cards to earn offering differing bonus categories. There is simply a standard 1.5% cashback reward. This card also features no annual fee and no foreign transaction fees so it is ideal for consumers who commonly travel outside the United States.

In addition to carrying no foreign transaction fees, there are also many travel perks with this card. Some of the travel perks include travel accident insurance so you're covered for the entire travel fare, complimentary concierge services that will help you find tickets, book travel, and make restaurant reservations this card also comes with 24-hour travel assistance services to help you get an emergency replacement card or a cash advance if needed.

Advanced Security Features with Capital One Quicksilver

Should your card be lost or stolen, The Quicksilver card offers multiple security alerts. With zero dollar fraud liability you are protected from unauthorized charges made to your account. Phone alerts can be enabled to notify you of any possible suspicious transactions as well.

In addition to security alerts, you'll get receive warranty protection on eligible items paid for with the card should your card ever gets compromised.

How much are the Capital One Quicksilver rewards worth?

The Capital one Quicksilver rewards are worth the same as buying power. For example, if you spend $1,000 a month with your 1.5% cashback rewards Quicksilver card you will earn $108.

How to redeem Capital One Quicksilver Rewards

Redeeming your Quicksilver reward points can be done at any time by accessing your capital one account on the Capital One website.

Cash rewards can either be redeemed as a statement credit or a paper check.

Your reward points never expire and there is no minimum you need to hit to redeem your rewards.