You can redeem your rewards from the Capital One Quicksilver Cash Rewards Credit Card for a check in the mail or a statement credit.
How to use rewards from the Capital One Quicksilver card
One-time $200 cash bonus once you spend $500 on purchases within 3 months of account openingĮarn a one-time $200 cash bonus once you spend $500 on purchases within the first 3 months from account openingĢ0,000 miles after spending $500 on purchases within 3 months from account openingĠ% intro APR on purchases and balance transfers for 15 months, then a 16.49% - 26.49% (Variable) APRĬapital One SavorOne Cash Rewards card reviewĬapital One Quicksilver card vs other cash-back cardsĥ% cash back (5x points) on travel purchased through Chase Ultimate Rewardsģ% cash back (3x points) on dining and drugstore purchasesġ.5% cash back (1.5x points) on everything elseġ% cash back when you buy, plus 1% cash back when you pay your billġ.5% cash back in addition to regular earning on everything you buy up to $20,000 spent in the first year (worth up to $300 cash back)Ĭar rental insurance (secondary in the US, primary otherwise)Ġ% intro APR on purchases and balance transfers for the first 15 months, then a 16.49% - 25.24% Variable APRĠ% intro APR on balance transfers for 18 months, then a 15.49% - 25.49% Variable APR Comparison: Capital One Quicksilver vs other Capital One cardsĬapital One Quicksilver Cash Rewards Credit CardĬapital One SavorOne Cash Rewards Credit CardĬapital One VentureOne Rewards Credit Cardĥ% cash back on hotels and rental cars booked through Capital One Travelģ% cash back on dining, grocery stores, eligibleĥ miles per dollar on hotels and rental cars booked through Capital One Travelġ.25 miles per dollar on all other purchases
When using a credit card, it's important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay. These cards won't be worth it if you're paying interest or late fees. We're focused here on the rewards and perks that come with each card. Some cards offer a higher rate of cash back, but there are tradeoffs, such as foregoing a sign-up bonus or keeping track of bonus categories that earn more rewards. You'll effectively earn 2% back (1% when you buy, and 1% when you pay) on all purchases with no limit to what you can earn - but keep in mind, this card doesn't currently offer a welcome bonus.īottom line: If you want to earn cash back with minimal effort and no annual fee, the Quicksilver Cash Rewards Card is a good option. For example, the Chase Freedom Unlimited® and Chase Freedom Flex℠ earn up to 5% back in certain categories, so depending on your spending habits, one of these cards could be a better fit for you.Īnd if you're looking for a no-annual-fee card that has a higher rate of return on all purchases, the Citi® Double Cash Card is hard to beat. That said, there are other no-annual-fee cash-back cards that offer a similar intro bonus and potentially greater rewards on everyday spending, if you're willing to keep track of bonus categories. You'll also get a handful of travel and shopping benefits, including no foreign transaction fees on international purchases. That's a decent deal for a card with no annual fee, and one of the many reasons the card is so popular.
The Capital One Quicksilver Cash Rewards Credit Card has a substantial welcome offer for new cardholders: One-time $200 cash bonus once you spend $500 on purchases within 3 months of account opening. It also means it's one of the easiest cards to use, because you don't have to worry about keeping track of bonus earning categories. In addition, this card now offers 5% cash back on hotel and car rental bookings made through Capital One Travel. This means it earns the same amount of cash back on most purchases - in this case, 1.5% - no matter what you buy.
There are four main types of cash-back credit cards, and the Capital One Quicksilver Cash Rewards Credit Card falls into the flat-rate rewards category. Review: Is the Capital One Quicksilver the best cash-back credit card for you?