The entry-level Quicksilver offers a 1.5% unlimited cashback card with no annual fee.
A straightforward cash back offering, the Capital One Quicksilver Cash Rewards Credit Card offers a flat 1.5% reward rate on all purchases. You'll enjoy 1.5% back on all purchases and 5% back on hotels or car rentals booked through Capital One Travel, a $200 signup bonus (after spending $500 on purchases in the first 3 months), $0 annual fee and a 0% intro APR on purchases and balance transfers for 15 months (then 19.99% to 29.99% variable). You'll also pay a 3% fee on balance transfers made during the intro period.
Former Finder Insurance Publisher Roslyn McKenna, who owns the card, says she likes that she can use the card anywhere in the world without worrying about foreign transaction fees. She enjoys the convenience of having a flat cashback rate because it means she doesn't have to worry whether she gets more cash back for gas or restaurants as it’s the same amount for any purchase. She also notes that Capital One’s customer support has been helpful and that the provider has one of the most user-friendly online banking platforms. “ I like that I get emails when there’s a suspected fraud, but my account’s not frozen,” she says.
If you're looking for a simple, pay-and-forget way to earn cash back on purchases, the Capital One Quicksilver Cash Rewards Credit Card could be right up your alley. If you're looking for more flexibility or perks however, you might want to check out your other options.
finder.com's rating: 4.2 / 5
★★★★★
| Annual fee | $0 |
| Welcome offer | $200 cash bonus after you spend $500 on purchases within 3 months from account opening |
| Rewards | Earn unlimited 1.5% cash back on every purchase, every day and 5% cash back on hotels and rental cars booked through Capital One Travel (terms apply) |
| Purchase APR | 0% intro for the first 15 months (then 19.99% - 29.99% variable) |
| Balance transfer APR | 19.99% to 29.99% variable Balance transfer fee applies (3% for the first 15 months; 4% at a promotional APR that Capital One may offer you at any other time) |
| Minimum credit score | 670 |
| Issuer | Mastercard |
| Balance transfer fee | Balance transfer fee applies (3% for the first 15 months; 4% at a promotional APR that Capital One may offer you at any other time) |
| Cash advance rate | 29.99% variable |
| Cash advance fee | $5 or 5% of the cash advance amount, whichever is greater |
| Cash advance fee description | 5% of the amount of the cash advance, but not less than $5 |
| Foreign transaction fee | None |
| Interest free period | Up to 25 days |
| Late payment fee | Up to $40 |
| Security deposit | N/A |
| Rates & fees | Terms apply, see rates & fees |
If you apply by phone or online, you’ll typically get a response in less than a minute. In some cases, Capital One requires additional information to make a decision.
You’ll be notified in writing in seven to 10 days of your application. Once approved, you’ll receive your Capital One card, credit limit information and welcome materials by mail in seven to 10 business days.
To apply for this card, you must be at least 18 years old and a US resident. You also need to provide personal details, such as:
If the Capital One Quicksilver Cash Rewards Credit Card doesn’t suit your fancy, choose up to four credit cards and hit Compare to see how other cashback credit cards on the market stack up side-by-side.
Most customer complaints revolve around their credit limit. Some claim that they received a low credit line and never got an increase despite paying on time. Others claim that Capital One lowered their credit line without any reason or explanation.
However, this wasn’t the case with all customers. Others are happy with the card, the credit line they got and love the unlimited cash back.
The Better Business Bureau has accredited Capital One with a rating of A- as of May 2023. However, it sports a 1.12 out of 5 when it comes to a customer rating from an average of nearly 1,140 reviews. It fares little better on Trustpilot, earning a 1.3 rating out of 5 as of May 2023.
Earn a flat rate across everyday categories with this card, which makes calculating your potential rewards fairly simple. Here’s a potential yearly budget:
| Where you spend: | The amount you spend: | Cash back earned: |
| Dining | $2,000 | $30 |
| Gas | $2,000 | $30 |
| Groceries | $3,000 | $45 |
| Other everyday purchases | $6,000 | $90 |
| Total | $13,000 | $195 |
For annual spending similar to our example, you would earn $195 annually with this card. And once you clear the signup bonus, your cash back for the first year would be $395.
Request your Capital One Quicksilver Cash Rewards Credit Card cash back and get it in the form of a:
You can also set up automatic redemption preferences. Visit capitalone.com or call their rewards center and choose between:
If you’re looking for a hassle-free rewards credit card without an annual fee, the Capital One Quicksilver Cash Rewards Credit Card could be the right card for you.
If you’re looking for a card with a bit more to offer in the way of perks and features, check out other cashback cards and find the one that meets all of your needs.
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We rank card types — travel, cash back, business — on a set of factors that are most relevant to that type of card. We create these rankings to help you narrow down a credit card that best suits your spending and budget.
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