Capital One Quicksilver Money Rewards Credit score Card Overview
The Capital One Quicksilver Money Rewards Credit score Card lets you maintain issues easy and watch your rewards develop over time with a vast 1.5% rewards fee that you may convert to money again. Nonetheless, you will get higher incomes charges with another cash-back playing cards. Card Score*: ⭐⭐⭐½
*Card Score is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.
The Capital One Quicksilver Money Rewards Credit score Card might barely outpace the perks of different money again playing cards with its respectable sign-up bonus and no annual price (see charges and costs), however it additionally requires an excellent credit standing from its candidates of 690 or larger and has a number of drawbacks price contemplating.
Quicksilver’s easy incomes construction could also be interesting — together with its distinction as among the best 0% curiosity playing cards available on the market — however what makes it much more so is the power to switch your rewards to Capital One’s switch companions for those who additionally maintain a card that earns Capital One miles.
Let’s dive into the cardboard particulars.
Quicksilver sign-up bonus
New Quicksilver cardholders obtain a $200 money bonus after spending $500 on purchases throughout the first three months of account opening. That is the perfect supply we have seen on this card.
It is a typical welcome supply for cash-back playing cards with no annual price, and it has the benefit of a low spending requirement that most individuals ought to be capable of meet with out an excessive amount of effort. However in comparison with the perfect journey bank cards, which might supply sign-up bonuses price hundreds of {dollars}, this $200 is just a few further money in your pocket.
Associated: 13 playing cards presently providing sign-up bonuses of 100,000 factors or extra
Quicksilver advantages
The Quicksilver is not the cardboard to get if you’d like perks comparable to lounge entry or journey credit, which are sometimes included with premium bank cards.
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Nonetheless, the Quicksilver does embrace some advantages, comparable to charging no overseas transaction charges (see charges and costs). It is a perk that, whereas now practically common on bank cards with annual charges, is rarer for no-annual-fee playing cards.
Different advantages embrace:
It is a respectable checklist of advantages for a no-annual-fee card.
Incomes money again on the Quicksilver
The Quicksilver earns a flat 1.5% on all purchases, with no bonus classes.
Incomes the identical quantity on all purchases is ok if you do not have one high-spending class. Nonetheless, for those who make many month-to-month purchases in a single explicit class — comparable to eating or groceries — you will possible wish to take into account a card that earns a bonus in that class.
Associated: The very best bank cards for every bonus class
Redeeming money again on the Quicksilver
You may redeem your rewards on the Quicksilver as a press release credit score, test or reward card. There is no minimal redemption quantity — simply sign up to your account by way of the app or your pc and easily choose your choice.
TPG bank card author Emily Thompson appreciates the flexibility of cash-back rewards. Regardless that they are often much less precious than her favourite transferable rewards, she makes use of cash-back to cowl issues that factors and miles do not, like airport snacks and actions.
Nonetheless, you are not restricted to those redemption choices when you have the best card pairing. If you happen to additionally maintain a card that earns Capital One miles, such because the Capital One Enterprise Rewards Credit score Card, you’ll be able to convert your cash-back to journey rewards at a fee of 1 Capital One mile per 1 cent of cash-back and switch your them to any of Capital One’s 15-plus resort and airline companions.
Associated: The final word information to bank card pairings
What playing cards compete with the Quicksilver?
The Quicksilver is a strong no annual price money again bank card. Nonetheless, there are higher selections for these on the lookout for larger incomes charges and extra advantages.
For extra choices, take a look at our full checklist of the perfect cash-back and no-annual-fee bank cards.
Associated: How to decide on a cash-back bank card
Is the Quicksilver price it?
The Quicksilver is an effective match for individuals who use one card for every part as a result of it has a easy, flat 1.5% money again incomes fee. If you happen to do not spend a lot of your finances in typical bonus spending classes or want to not juggle playing cards once you’re out and about, the cardboard is price it. Nonetheless, those that wish to earn extra in bonus classes will possible wish to go together with a distinct card.
Backside line
The Quicksilver gives an honest money again incomes fee together with a strong sign-up bonus and respectable advantages for a no-annual-fee card. Nonetheless, different money again playing cards supply extra beneficiant earnings, so it is probably not the perfect match on your spending habits.
For Capital One merchandise listed on this web page, among the above advantages are offered by Visa® or Mastercard® and should range by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.
Apply right here: Quicksilver Money Rewards
