Capital One Quicksilver Review: A Hassle Free Card With No Gimmicks – NerdWallet (2023)

ANDCapital One Quicksilver Cash Rewards Credit Cardit's a good option if you like the simplicity of earning a flat rate on all your purchases. Get 1.5% cashback on almost every purchase without having to remember multiple bonus categories or keep track of spending limits.

The card also offers other attractive perks, including a solid sign-up bonus, a 0% APR introductory period, and low fees. And if you don't mind managing multiple cards, you can combine them with a tiered reward or rotating bonus card to maximize your earnings.

However, there are several fixed rate cards on the market that earn more than that.Capital One Quicksilver Cash Rewards Credit Card.

Capital One Quicksilver Cash Rewards Credit Card: Fundamentals

advantages ofCapital One Quicksilver Cash Rewards Credit Card

Earn and redeem easy rewards

Those who value simplicity will appreciate the easy 1.5% cashback rewards onCapital One Quicksilver Cash Rewards Credit Card.

And ease of use doesn't just affect the rewarding side. While many competitors require you to collect up to $25 in rewards before you can cash out, theCapital One Quicksilver Cash Rewards Credit CardThere is no minimum redemption amount. You can redeem your cashback for any amount and at any time.

Sign-up bonus

The only thing better than earning money is earning it with the least amount of effort. HeCapital One Quicksilver Cash Rewards Credit CardIt has a solid sign-up bonus with a relatively low spending requirement to earn it, meaning you're less likely to feel pressured to overspend.

Introductory offer with 0% APR

This card has an introductory APR of0% introductory APR for 15 months on purchases and balance transfers, variable APR from 19.24% to 29.24% thereafter; 3% commission on amounts passed on in the first 15 months. The long window for purchases and transfers can give interest payments a break and help those who make a large purchase or pay off transferred debt.

Keep in mind that there is a 3% fee for each credit transferred. Therefore, it is important to weigh these costs against current long-term interest payments to determine the best path forward.

bad comments

ANDCapital One Quicksilver Cash Rewards Credit CardIt's a good option for the timid fee. Charge an annual fee of$ 0. And since there are no international transaction fees, it can be a good option when traveling abroad.

disadvantages and alternatives

You can get a higher fixed rate

ANDCapital One Quicksilver Cash Rewards Credit Cardset the 1.5% standard for an entire generation of cashback credit cards. But today there are an increasing number ofcards on the marketThey offer a flat rate of at least 2% back.

for example heTarjeta Wells Fargo Active Cash®Pay 2% unlimited cashback on purchases. and likes himCapital One Quicksilver Cash Rewards Credit Card, has a sign-up bonus and interest-free introductory period on purchases and balance transfers:0% introductory APR on purchases for 15 months and 0% introductory APR on balance transfers 15 months after account opening on qualifying balance transfers, then rolling 19.49%, 24.49% or 29.49% APR variable.

Limited Opportunities for Bonus Rewards

The card yields just over 1.5% for a very specific type of issuer purchase: 5% cashback on hotels and car rentals booked through Capital One Travel. Otherwise, get 1.5% on everything. Flat fee rewards are ideal for people with different spending habits. However, if you spend a significant portion of your budget on specific spending areas like gas and groceries, consider a card that specifically rewards these types of transactions. He$ 0- the annual quotaTarjeta Blue Cash Everyday® da American Express, for example, get 3% cashback on US supermarkets, gas stations, and online retail purchases (up to $6,000 per year spent in each category). Other purchases receive 1% back. (Conditions apply:verPrices and fees.)

If you spend a lot at the supermarket, take a look atTarjeta Blue Cash Preferred® da American Express. charge a$0 introductory annual fee for the first year, $95 thereafter.Still, it includes richer rewards: 6% cashback at US grocery stores, spending up to $6,000 a year (1% at the time); 6% cashback on select US streaming subscriptions; 3% cashback at US gas stations and in transit; and 1% cashback on all other purchases. These cards also include welcome offers for new cardholders and introductory periods with 0% APR. (Conditions apply:verPrices and fees.)

Both cards earn 5% cashback on categories that change every three months; You must choose the category for each change. The 5% cashback is good for spending up to $1,500 per quarter. All other expenses earn 1% reimbursement. Current bonus categories for both cards can be foundHere.

I must getCapital One Quicksilver Cash Rewards Credit Card?

ANDCapital One Quicksilver Cash Rewards Credit CardIt is a simple and easy to use option. While the card doesn't pay the industry's highest fixed repayment rate, it does offer an attractive mix of rewards and ease of redemption, low fees, a sign-up bonus, and a 0% APR period.

But if a card's ongoing award rate is what matters most to you, you'll find wider options.

For more information on stacking your repayment credit card options, visit ourbest credit cardsbook page.

To see the prices and prices of theTarjeta Blue Cash Preferred® da American Express, verthis page. To see the prices and prices of theTarjeta Blue Cash Everyday® da American Express, verthis page.