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Chase Freedom Unlimited® vs. Capital One® Quicksilver® Cash Rewards Credit Card

Chase takes the lead with limited time rewards on groceries and Lyft.

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The winner: Chase Freedom Unlimited®

Up to 5%

Cash back

  • Up to 5% cashback and an impressive 1.5% base cashback rate
  • 15 months of intro APR on purchases
  • No annual fee
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The main difference between the Chase Freedom Unlimited® and the Capital One® Quicksilver® Cash Rewards Credit Card is that the first earns 5% back on two categories (one of which rotates quarterly), 3% back on restaurants and drugstores, and 1.5% back on all other purchases. The Capital One card earns only 1.5% back on all purchases.

The winner: Chase Freedom Unlimited®

Make no mistake, you can’t go wrong for going with either of these choices. But you’ll get the best value with the Chase Freedom Unlimited®. The extra reward categories can help over the long run — or at least for as long as the Freedom keeps the bonus categories.

To maximize your rewards, consider adding the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve® to your wallet. This will allow you to transfer your points to one of the two and get either 25% or 50% higher value when you redeem for travel purchases via the Chase Ultimate Rewards portal. You can also use these cards to transfer points to partner hotels and airlines with a 1:1 ratio.

Make no mistake, you can’t go wrong for going with either of these choices. But if you’re looking to squeeze every last bit of value out of a flat cashback card, we recommend the Chase Freedom Unlimited®. The extra reward categories and lower revert APR can help out over the long run — or at least for as long as the Freedom keeps the bonus categories.

If you’re looking for a cashback card that offers bonus categories, or something else altogether, there are many other credit cards with reward options to explore.

Who should get the Chase Freedom Unlimited®?

Anyone who wants to earn higher cash back on a variety of everyday purchases should go for the Chase Freedom Unlimited® card.

If you’re looking for a great flat cashback card that happens to offer some terrific limited-time earning bonuses, the Chase Freedom Unlimited® is the way to go. This card is also an essential piece of the Chase trifecta.

Who should get the Capital One® Quicksilver® Cash Rewards Credit Card?

If you’re not a fan of Chase cards or want a flat cashback card with no foreign transaction fee, the Capital One® Quicksilver® Cash Rewards Credit Card is a solid alternative to the Freedom Unlimited.

Chase Freedom Unlimited®

Chase Freedom Unlimited®

Rates & Fees

Capital One® Quicksilver® Cash Rewards Credit Card

Capital One® Quicksilver® Cash Rewards Credit Card

Rates & Fees

finder.com's rating
finder.com's rating

★★★★★

4.7 / 5.0

★★★★★

4.2 / 5.0
Best for
Best for
  • Unlimited 1.5% cash back on every purchase
  • Easy-to-earn signup bonus and flat cash back on all purchases
Welcome offer
Welcome offer

$200 after spending $500 in the first 3 months

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

Rewards
Rewards

5% cash back on travel purchased through Chase, 5% on Lyft, 3% on dining and drugstores and 1.5% on all other purchases

1.5% cash back on all purchases

Purchase APR
Purchase APR

0% intro APR for 15 months, and then 14.99% to 23.74% 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 14.99% to 23.74% variable 15.49% to 25.49% variable
Cash advance
Cash advance

APR: 24.99% 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 3% of each transaction None
Late payment fee
Late payment fee Up to $39 Up to $40
Additional cardholder fee
Additional cardholder fee $0
Interest-free period
Interest-free period 21 days 25 days
Minimum interest
Minimum interest $0
Minimum credit score
Minimum credit score 670 670
Card type
Card type Credit Credit
Learn more
Learn more

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Best signup bonus: Tie

This is a pretty straightforward matchup: the Chase Freedom Unlimited® earns $200 after you spend $500 in your first 3 months. The Capital One® Quicksilver® Cash Rewards Credit Card also earns $200 for spending the same amount in the same amount of time.

Best rewards: Chase Freedom Unlimited®

Ordinarily, these cards would be tied, as both earn a flat 1.5% on all purchases. However, the Chase Freedom Unlimited® pulls ahead here thanks to the September 2020 update. You now earn:

  • 5% back on Lyft rides through March 2022
  • 5% back on travel purchase through the Chase Ultimate Rewards
  • 3% back at drugstores
  • 3% back at restaurants, including dining and takeout
  • 1.5% back on all other purchases

The simple flat 1.5% back on all purchases offered by the Capital One card is no match for all the Freedom Unlimited cashback categories.

Best intro APR: Chase Freedom Unlimited®

For the most part, both the Chase Freedom Unlimited® and Capital One® Quicksilver® Cash Rewards Credit Card offer a solid intro APR on purchases. The only thing that gives the Chase Freedom Unlimited® the edge is a potentially lower revert APR.

Best annual fee: Tie

Neither the Chase Freedom Unlimited® nor the Capital One® Quicksilver® Cash Rewards Credit Card require an annual fee for use. This is always something to look out for if you want a simple rewards card without all the extra perks.

Best for no foreign transaction fee: Capital One® Quicksilver® Cash Rewards Credit Card

One advantage the Quicksilver offers over the Freedom Unlimited is a lack of foreign transaction fees. This makes it the more appealing choice to use when you’re traveling abroad.

Compare Chase Freedom Unlimited® vs. Capital One® Quicksilver® Cash Rewards Credit Card

Data updated regularly
Name Product Welcome offer Rewards Annual fee Filter values
Chase Freedom Unlimited®
$200 after spending $500 in the first 3 months
5% cash back on travel purchased through Chase, 5% on Lyft, 3% on dining and drugstores and 1.5% on all other purchases
$0
This solid 1.5% cashback card gets even better with the addition of up to 5% back in categories like travel, drug stores and dining.
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.
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