Whether or not you are a beginner to the bank card universe or a seasoned veteran, it is at all times good to have a strong flat-rate card for on a regular basis spending which may not match into bonus classes on different playing cards. A number of nice decisions in the marketplace will help you earn rewards on each buy.
Two high no-annual-fee playing cards are the Chase Freedom Limitless and Capital One Quicksilver Money Rewards Credit score Card (see charges and charges). Each supply 1.5% again on all purchases and lots of the similar advantages. So, which card is greatest for you?
Chase Freedom Limitless vs. Capital One Quicksilver comparability
| Card | Chase Freedom Limitless | Capital One Quicksilver Money Rewards Credit score Card |
|---|---|---|
| Annual charge | $0 | $0 (see charges and charges) |
| Signal-up bonus | Chase will robotically match all of the money again you’ve got earned within the first 12 months with no restrict | $200 after spending $500 on purchases within the first three months from account opening |
| Rewards charge | 5% again on journey booked by way of Final Rewards
3% again on eating (together with takeout and eligible supply providers) 3% again at drugstores 1.5% again on all different purchases |
1.5% again on all purchases |
| Different perks | Rental automotive safety
Journey cancellation and interruption insurance coverage Roadside dispatch Prolonged guarantee safety Buy safety |
As much as six months of complimentary Uber One membership assertion credit (by way of Nov. 14, 2024)
Automotive rental insurance coverage Journey accident insurance coverage Prolonged guarantee Concierge service Entry to Capital One experiences |
| International transaction charge | 3% | None |
As you possibly can see, there are a number of similarities between the essential provides of those two playing cards and some key variations.
Chase Freedom Limitless vs. Capital One Quicksilver welcome bonus
Capital One at the moment supplies new Quicksilver Money Rewards cardholders with a $200 money bonus after spending $500 on purchases throughout the preliminary three months of opening their account.
The Chase Freedom Limitless, then again, is providing a novel alternative for cardholders to double their money again earnings within the first 12 months. Chase will match all of the money again earned through the preliminary 12 months with no most restrict, successfully doubling the cardboard’s incomes charges by way of that interval.
Winner: Chase Freedom Limitless
Chase Freedom Limitless vs. Capital One Quicksilver advantages
The Freedom Limitless provides strong perks for a no-annual-fee card, together with rental automotive safety, journey cancellation and interruption insurance coverage, roadside dispatch, prolonged guarantee safety and buy safety.
The Quicksilver, then again, would not cost any overseas transaction charges (see charges and charges), which might’t be stated for the Freedom Limitless. Different advantages embrace as much as six months of complimentary Uber One membership assertion credit (by way of Nov. 14, 2024), 24-hour journey help providers, journey accident insurance coverage, prolonged guarantee, concierge service and unique culinary experiences, sports activities and music occasions by way of Capital One Leisure.
Winner: Capital One Quicksilver
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Incomes money again on the Chase Freedom Limitless vs. Capital One Quicksilver
The Capital One Quicksilver provides an easy 1.5% again on all purchases a strong basic incomes charge for a cash-back card.
The Freedom Limitless, although, provides 5% again on journey booked by way of Final Rewards, 3% again on eating (together with takeout and eligible supply providers), 3% again at drugstores and 1.5% again on all different purchases. So, whereas matching the final incomes charge of the Quicksilver, the Freedom Limitless additionally has useful bonus classes.
Winner: Chase Freedom Limitless
Redeeming money again on the Chase Freedom Limitless vs. Capital One Quicksilver
The money again amassed out of your Freedom Limitless card might be redeemed in a number of methods. You’ll be able to redeem it as a press release credit score or for a direct deposit into most U.S. checking and financial savings accounts, with every level valued at one cent. Moreover, you should use your rewards to acquire reward playing cards or guide journey by way of the Final Rewards portal, each at one cent per level.
The money again earned on the Capital One Quicksilver card may also be redeemed in numerous methods. You’ll be able to apply it as a press release credit score, obtain it as a examine or reward card, or instantly apply it to cowl a selected cost in your assertion. Moreover, there is no such thing as a minimal redemption quantity required. To redeem your money again, register to your account by way of the app or pc and simply choose your most well-liked redemption methodology.
Winner: Tie
Transferring money again on the Chase Freedom Limitless vs. Capital One Quicksilver
If you’re a cardholder of the Chase Sapphire Most well-liked Card, Chase Sapphire Reserve or Ink Enterprise Most well-liked Credit score Card, you may have the choice to transform your Freedom Limitless rewards and achieve entry to Chase’s full collection of 14 switch companions.
This mix allows you to maximize the worth of your rewards by increasing your redemption choices throughout a variety of journey advantages.
On the Capital One facet, you possibly can flip the money again earned in your Quicksilver card into Enterprise Miles you probably have a Enterprise Miles-earning bank card just like the Capital One Enterprise Rewards Credit score Card (see charges and charges) or Capital One Enterprise X Rewards Credit score Card (see charges and charges).
Winner: Chase Freedom Limitless as a result of Chase Final Rewards factors are value extra (2.05 every, based on our valuations) than Capital One Enterprise Miles (1.85 cents every).
Ought to I get the Chase Freedom Limitless or Capital One Quicksilver?
Each playing cards supply at the very least 1.5% money again on all purchases, and neither expenses an annual charge. The Chase Freedom Limitless is the higher alternative for many, although, with larger incomes charges and extra useful factors if you happen to maintain a premium Chase card, too. Conversely, the Quicksilver provides Uber One assertion credit and no overseas transaction charge (see charges and charges).
Backside line
Every card is constructed for a unique viewers. Rookies to the points-and-miles sport can use the Chase Freedom Limitless to complement a Chase Final Rewards card. However, the Quicksilver is a strong stand-alone bank card if you happen to’re over Chase’s 5/24, with its record of journey protections and no overseas transaction charges.
Regardless of which one you select, be sure you’re following our 10 commandments for rewards bank cards so that you simply’re getting probably the most out of your new card.
To be taught extra, learn our full critiques of the Chase Freedom Limitless and the Capital One Quicksilver Money Rewards.
Apply right here: The Chase Freedom Limitless and the Capital One Quicksilver Money Rewards
For Capital One merchandise listed on this web page, among the above advantages are supplied by Visa® or Mastercard® and should differ by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply
