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

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

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Megan Horner
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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

$200 cash back after spending $500 in the first 3 months

Rewards
Rewards

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

1.5% cash back on all purchases
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 15.49% to 25.49% variable

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

N/A

 15.49% to 25.49% variable
Cash advance
Cash advance

APR: 25.24% variable

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

APR: 25.49% 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

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
$200 cash back after spending $500 in the first 3 months
1.5% cash back on all purchases
$0
This no-annual-fee 1.5% cashback card offers of intro APR on purchases. No foreign transaction fees set this card apart.
View details
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