Capital One Quicksilver Cash Rewards Credit Card
- Earn 1.5% cash back on all purchases with no limits.
- Receive 15 months of 0% APR financing on new purchases and balance transfers,14.99%-24.99% variable APR after that.
- One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening.
- No annual fee and no foreign transaction fee.
- No bonus categories with more than 1.5% cash back.
- This card requires excellent credit.
Here’s a simple rewards card that offers you 1.5% cash back on all purchases, with no limits. It also features a strong sign-up bonus and a valuable promotional financing offer. New cardholders can earn a 0ne-time $200 cash bonus after spending $500 on purchases within 3 months from account opening. You’ll also receive 15 months of 0% APR introductory financing on both new purchases and balance transfers, 14.99%-24.99% variable APR after that. There is a 3% balance transfer fee, which you can expect from nearly all similar introductory financing offers.
There are several competing cards that offer similar levels of cash back, and like the Capital One Quicksilver, have no annual fee. Yet this card has a few advantages. First, Capital One offers your cash back rewards as a statement credit, gift cards or even a check, which you can redeem at any time and for any amount. Capital One also offers outstanding cardholder benefits including extended warranty coverage, the ability to pause your card and exclusive access to music, sports and culinary events. Capital One cards also have no foreign transaction fees, which is an important feature if you travel outside the United States.
For all of these reasons, this card appeals most to those looking for a simple rewards card that offers strong benefits and has few fees. However, this card can also be a useful tool for paying off existing balances or enjoying interest free financing for over a year.
