The Quicksilver from Capital One is a popular cashback credit card that offers a straightforward, no-frills rewards structure for consumers who prefer simplicity and easy-to-understand benefits.
It provides 1.5% cashback on every purchase—regardless of the category—making it a solid option for those who want to earn rewards without keeping track of rotating categories or spending limits.
The card also comes with additional perks like no annual fee, no foreign transaction fees, and a one-time cash bonus for new cardholders after meeting a spending requirement.
About Capital One
Capital One is one of the largest banks in the United States, known for offering a wide range of financial products, including credit cards, savings accounts, auto loans, and banking services.
Founded in 1994, the bank has grown to be a major player in the financial industry.
Capital One has a reputation for providing innovative financial products, especially in the credit card sector.
Their credit card offerings are diverse, with options suited for consumers at different stages of their financial journey, from those with limited credit history to individuals with excellent credit scores.
Capital One has also invested heavily in digital banking, offering an intuitive mobile app and website to make banking easier and more accessible.
Who is the Quicksilver Card For?
The Quicksilver from Capital One is ideal for individuals looking for a simple, no-hassle cashback card. It’s a great option for those who want to earn cashback without worrying about rotating bonus categories or complicated reward structures. Here are some of the target audiences for this card:
- Everyday Spenders: Individuals who make regular purchases on a variety of categories like groceries, gas, or entertainment will benefit from the 1.5% cashback on every transaction.
- Travelers: With no foreign transaction fees, this card is an excellent option for those who travel internationally and want to earn rewards on purchases made abroad.
- Those Seeking a Low-Cost Option: The no annual fee feature makes it a great choice for individuals who want to avoid additional costs.
- New Credit Card Users: The straightforward cashback structure and the lack of complicated terms make it suitable for those who are new to credit cards and want to earn rewards without complexity.
Advantages of the Quicksilver Credit Card
- Unlimited 1.5% Cashback on Every Purchase: One of the standout features of the Quicksilver card is its simple and unlimited cashback rate. Users earn 1.5% cashback on every single purchase, whether it’s a cup of coffee or a new gadget, without the need to track spending categories or bonus activation.
- No Annual Fee: Many credit cards charge an annual fee, which can add up over time, but the Quicksilver from Capital One is completely free of annual fees, making it a budget-friendly option.
- No Foreign Transaction Fees: Traveling abroad often comes with foreign transaction fees, but the Quicksilver eliminates this extra cost. It’s an ideal choice for those who frequently travel internationally and want to earn rewards on their purchases abroad.
- One-Time Cash Bonus: New cardholders can earn a cash bonus after spending a certain amount within the first three months of account opening. This sign-up bonus provides an extra incentive to apply for the card and use it in the early months.
- Flexible Redemption Options: Quicksilver cashback can be redeemed as a statement credit, direct deposit, or for gift cards, providing flexibility on how you use your rewards.
- No Minimum Redemption Threshold: Many cashback cards require you to reach a certain threshold before redeeming your rewards. With the Quicksilver card, there’s no minimum redemption amount, so you can use your cashback at any time.
- Solid Customer Service: Capital One is known for providing excellent customer service, with 24/7 support available to cardholders for any issues or inquiries.
Additional Benefits
- Extended Warranty: When using the Quicksilver card to purchase eligible items, you can get extended warranty protection on purchases, adding peace of mind to your shopping experience.
- Travel Accident Insurance: The card includes travel accident insurance, which can cover you in case of injury or death while traveling on a common carrier, such as a bus or plane.
- Fraud Coverage: Capital One offers $0 fraud liability, which means that cardholders are not responsible for unauthorized purchases made with their card.
- Access to Capital One’s Online Banking Tools: Quicksilver cardholders have access to Capital One’s suite of digital tools, including budgeting tools, alerts, and mobile banking features to make managing their finances easier.
Fees and charges
Late Payment: Up to $40;
● Introductory APR: 0% for 15 billing cycles;
● Standard APR: 19.24% - 29.24%;
● Cash Advance: either $5 or 5% of the amount of each cash advance.
Expert review
The Quicksilver from Capital One is an excellent option for those seeking a simple, no-hassle cashback card.
With 1.5% cashback on all purchases and no annual fee, it offers straightforward rewards without the need for category tracking.
Additionally, the card provides no foreign transaction fees, making it a great choice for international travelers.
A one-time cash bonus and flexible cashback redemption options further enhance its value.
Ideal for individuals who want an uncomplicated way to earn rewards on everyday spending, the Quicksilver card delivers consistent benefits without added complexity.
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+Positive points
- 1.5% Cashback on Every Purchase – Earn unlimited 1.5% cashback on every purchase, regardless of the category, without needing to track rotating categories.
- No Annual Fee – The Quicksilver card has no annual fee, making it a cost-effective option for cardholders.
- No Foreign Transaction Fees – This card has no foreign transaction fees, making it an excellent option for international travelers.
- One-Time Cash Bonus – New cardholders can earn a one-time cash bonus after spending a certain amount in the first three months.
- Flexible Redemption Options – Cashback can be redeemed as statement credits, gift cards, or direct deposits, offering great flexibility.
- Negative points
- Limited Rewards on Some Purchases – The card only offers 1.5% cashback on all purchases, which may not be as high as other cards offering bonus rewards in certain categories.
- No Introductory 0% APR Offer – Unlike some other credit cards, the Quicksilver card does not offer an introductory 0% APR on purchases or balance transfers.
- Average Rewards for High Spenders – If you spend heavily in specific categories like dining or travel, the 1.5% cashback may not be as competitive as cards that offer higher cashback rates in these areas.
