Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

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

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

Avatar
Megan Horner
Updated
Fact checked

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

Terms apply, see rates & fees

Capital One Quicksilver Cash Rewards Credit Card

Capital One Quicksilver Cash Rewards Credit Card

Terms apply, see rates & fees
Finder rating
Finder rating

★★★★★

4.3 / 5.0

★★★★★

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 statement credit after spending $1,000 in the first 3 months

One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening
Rewards
Rewards

1.5% cash back on all purchases (redeem as statement credit)

Earn unlimited 1.5% cash back on every purchase, every day
Purchase APR
Purchase APR

0% intro APR for 15 months, and then 13.99% to 23.99% variable

0% intro APR for 15 months, and then 14.99% to 24.99% variable

Annual fee
Annual fee $0 $0
Balance transfer APR
Balance transfer APR

N/A

0% intro APR for 15 months, then 14.99% to 24.99% variable
Cash advance
Cash advance

APR: 25.24% variable

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

APR: 24.99% 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 $40 Up to $40
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
Learn more
Learn more

Read review

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

Data updated regularly
Name Product Welcome Offer Rewards Annual fee Filter values
American Express Cash Magnet® Card
American Express Cash Magnet® Card
$150 statement credit after spending $1,000 in the first 3 months
1.5% cash back on all purchases (redeem as statement credit)
$0
With 1.5% cashback as statement credit on everything and a 15 months intro APR on purchases, this no-annual-fee rewards card makes it simple to earn more rewards. All information about this card has been collected independently by Finder.
View details
Capital One Quicksilver Cash Rewards Credit Card
Capital One Quicksilver Cash Rewards Credit Card
One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening
Earn unlimited 1.5% cash back on every purchase, every day
$0
One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening
Apply now
View details
loading

Compare up to 4 providers

More guides on Finder

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 finder.com 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