Capital One Quicksilver Money Rewards overview: Full particulars

The Capital One Quicksilver Cash Rewards Credit Card means that you can maintain issues easy and watch your rewards develop over time with an infinite 1.5% rewards charge which you can convert to money again. Nevertheless, you will get higher incomes charges with another cash-back playing cards. Card Score*: ⭐⭐⭐½

*Card Rating relies on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

The Capital One Quicksilver Cash Rewards Credit Card might barely outpace the perks of different money again playing cards with its respectable sign-up bonus and no annual payment (see rates and fees), however it additionally requires a good credit rating from its candidates of 690 or larger and has a number of drawbacks value contemplating.

Quicksilver’s easy incomes construction could also be interesting — together with its distinction as one of many best 0% interest 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 in case you additionally maintain a card that earns Capital One miles.

Let’s dive into the cardboard particulars.

New Quicksilver cardholders obtain a $200 money bonus after spending $500 on purchases inside the first three months of account opening. That is the best offer we’ve seen on this card.

This can be a typical welcome provide for cash-back playing cards with no annual fee, and it has the benefit of a low spending requirement that most individuals ought to be capable to meet with out an excessive amount of effort. However in comparison with the best travel credit cards, which might provide sign-up bonuses value hundreds of {dollars}, this $200 is just a few further money in your pocket.

Associated: 13 cards currently offering sign-up bonuses of 100,000 points or more

The Quicksilver is not the cardboard to get if you would like perks equivalent to lounge entry or journey credit, which are sometimes included with premium credit cards.

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Nevertheless, the Quicksilver does embody some advantages, equivalent to charging no foreign transaction fees (see rates and fees). This can be a perk that, whereas now almost common on bank cards with annual charges, is rarer for no-annual-fee cards.

Different advantages embody:

This can be a respectable listing of advantages for a no-annual-fee card.

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. Nevertheless, in case you make many month-to-month purchases in a single specific class — equivalent to dining or groceries — you will probably wish to take into account a card that earns a bonus in that class.

Associated: The best credit cards for each bonus category

You possibly can redeem your rewards on the Quicksilver as a press release credit score, verify or present card. There isn’t any minimal redemption quantity — simply sign up to your account through the app or your pc and easily choose your desire.

TPG bank card author Emily Thompson appreciates the flexibility of cash-back rewards. Despite the fact that they are often much less useful 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.

Nevertheless, you are not restricted to those redemption choices when you have the correct card pairing. Should you additionally maintain a card that earns Capital One miles, such because the Capital One Venture Rewards Credit Card, you possibly can convert your cash-back to travel rewards at a charge of 1 Capital One mile per 1 cent of cash-back and switch your them to any of Capital One’s 15-plus hotel and airline partners.

Associated: The ultimate guide to credit card pairings

For extra choices, take a look at our full listing of the best cash-back and no-annual-fee credit cards.

Associated: How to choose a cash-back credit card

The Quicksilver is an efficient match for individuals who use one card for everything as a result of it has a easy, flat 1.5% money again incomes charge. Should you do not spend a lot of your price range in typical bonus spending classes or want to not juggle playing cards once you’re out and about, the cardboard is value it. Nevertheless, those that wish to earn extra in bonus classes will probably wish to go along with a distinct card.

The Quicksilver presents a good money again incomes charge together with a stable sign-up bonus and respectable advantages for a no-annual-fee card. Nevertheless, different money again playing cards provide extra beneficiant earnings, so it is probably not the most effective 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 Cash Rewards