finder US
US
AU
NZ
UK
CA
HK
SG
MX
US
AU
NZ
UK
CA
HK
SG
MX
Home
Money
Credit Card Finder

American Express Cash Magnet® Card vs Capital One® Quicksilver® Cash Rewards Credit Card

Two similar credit cards with unlimited cash back on all purchases.

Megan Horner
Megan Horner

Last updated:

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Please note: All information about American Express Cash Magnet® Card has been collected independently by Finder and this card is no longer available through this site.

The American Express Cash Magnet® Card and the Capital One® Quicksilver® Cash Rewards Credit Card offer the exact same cashback rate and the same welcome offer value. One difference between the two is the lower spend requirement to clear the offer with the Capital One® Quicksilver® Cash Rewards Credit Card. The second difference is there’s no foreign transaction fees when using the Capital One card abroad or online with foreign merchants.

American Express Cash Magnet® Card

American Express Cash Magnet® Card

Capital One® Quicksilver® Cash Rewards Credit Card

Capital One® Quicksilver® Cash Rewards Credit Card
finder.com's rating
finder.com's rating Not rated yet

★★★★★

4.2 / 5.0
Best for
Best for
  • Flat cash back on all purchases
  • Easy-to-earn signup bonus and flat cash back on all purchases
Welcome offer
Welcome offer

$150 after spending $1,000 in the first 3 months

$150 cash back after spending $500 in the first 3 months

Rewards
Rewards

1.5% cash back on all purchases

1.5% cash back on all purchases
Purchase APR (annual percentage rate)
Purchase APR (annual percentage rate)

0% intro APR for 15 months, and then 14.74% to 25.74% variable

0% intro APR for 15 months, and then 15.74%, 21.74% or 25.74% variable

Annual fee
Annual fee $0 $0
Balance transfers
Balance transfers

APR: 0% intro APR for 15 months, then 14.74% to 25.74% variable

Fee: Either $5 or 3% of the amount of each transfer, whichever is greater. $5 or 3% of the transaction, whichever is greater

APR: 0% intro APR for 15 months, then 15.74% to 25.74% variable

Fee: 3% of the transaction

Cash advance
Cash advance

APR: 26.99% variable

Fee: $10 or 5% of the transaction, whichever is greater

APR: 25.74% variable

Fee: $10 or 3% of the transaction, whichever is greater
Foreign transaction fee
Foreign transaction fee 2.7% of each transaction None
Late payment fee
Late payment fee Up to $39 Up to $39
Additional cardholder fee
Additional cardholder fee
Interest-free period
Interest-free period 25 days 25 days
Minimum credit score
Minimum credit score 680 670
Card type
Card type Credit Credit
Rates and Fees
Rates and Fees Rates & Fees Rates & Fees
Learn more
Learn more

Read review

Which card should you choose?

American Express Cash Magnet® Card

American Express Cash Magnet® Card

  • No annual fee
  • Unlimited 1.5% cash back
  • Earn a $150 statement credit after you spend $1,000 or more in purchases with your new card within the first 3 months of card membership

Capital One® Quicksilver® Cash Rewards Credit Card

Capital One® Quicksilver® Cash Rewards Credit Card

  • No annual fee
  • $150 cash bonus when you spend $500 on purchases in the first 3 months
  • 1.5% cash back on all purchases
  • Long intro APR for purchases and balance transfers

Compare credit cards

Name Product Filter values Rewards Purchase APR Annual fee
Capital One® Quicksilver® Cash Rewards Credit Card
Capital One® Quicksilver® Cash Rewards Credit Card
1.5% cash back on all purchases
0% intro for the first 15 months (then 15.74%, 21.74% or 25.74% variable)
$0
See offer
View details
Earn unlimited 1.5% cash back on every purchase, every day.
Capital One® SavorOne® Cash Rewards Credit Card
Capital One® SavorOne® Cash Rewards Credit Card
3% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases
0% intro for the first 15 months (then 15.74%, 21.74% or 25.74% variable)
$0
See offer
View details
Earn $150 after spending $500 in the first 3 months.
Blue Cash Preferred® Card from American Express
Blue Cash Preferred® Card from American Express
6% on select US streaming services, 3% on transit and US gas stations, 6% at US supermarkets on up to $6,000 annually, then 1% after that and on all other purchases
0% intro for the first 12 months (then 14.74% to 25.74% variable)
$95
Apply now
View details
Earn $250 bonus cash back after you spend $1,000 on purchases in the first 3 months. Rates & fees
CardMatch™ from creditcards.com
CardMatch™ from creditcards.com
See terms
See issuer's website
See terms
See offer
View details
Can't decide on a card? Get personalized credit card offers with CardMatch™.
U.S. Bank Cash+™ Visa Signature® Card
U.S. Bank Cash+™ Visa Signature® Card
5% on up to $2,000 each activated quarter on two categories combined (1% after), 2% on one everyday category and 1% on all other purchases
15.74% to 25.24% variable
$0
Apply now
View details
When you spend $500 on your card within the first 90 days, you’ll receive a $150 cash back bonus. Rates & Fees

Compare up to 4 providers

%
Name Product Amount saved Balance transfer APR Balance transfer fee Recommended minimum credit score Filter values
Capital One® Quicksilver® Cash Rewards Credit Card
Capital One® Quicksilver® Cash Rewards Credit Card
0% intro for the first 15 months (then 15.74%, 21.74% or 25.74% variable)
3%
670
Earn unlimited 1.5% cash back on every purchase, every day.
See offer
View details
Hilton Honors American Express Card
Hilton Honors American Express Card
17.49% to 26.49% variable
$5 or 3% of the transaction, whichever is greater
680
Earn 75,000 Hilton Honors Bonus Points after you spend $1,000 in purchases on the card within your first 3 months of card membership. Rates & fees
Apply now
View details
Capital One® VentureOne® Rewards Credit Card
Capital One® VentureOne® Rewards Credit Card
13.74%, 19.74% or 23.74% variable
3%
670
Earn 20,000 bonus miles once you spend $1,000 on purchases within the first 3 months from account opening.
See offer
View details
Capital One® SavorOne® Cash Rewards Credit Card
Capital One® SavorOne® Cash Rewards Credit Card
0% intro for the first 15 months (then 15.74%, 21.74% or 25.74% variable)
3%
670
Earn $150 after spending $500 in the first 3 months.
See offer
View details
Chase Freedom Unlimited®
Chase Freedom Unlimited®
0% intro for the first 15 months (then 16.74% to 25.49% variable)
$5 or 5% of the transaction, whichever is greater
670
Earn a $150 signup bonus after spending $500 in the first 3 months from account opening.
See offer
View details

Compare up to 4 providers

Compare American Express credit cards

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site