The Capital One QuicksilverOne Cash Rewards Credit Card can help people build their credit history while providing at least 1.5% cash back on every eligible purchase. Learn more about the QuicksilverOne from Capital One, including how to earn and redeem rewards.
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Annual fee
$39
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Welcome offer
None
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Rewards rate
- 5% cash back on hotels and rental cars booked through Capital One Travel
- 1.5% cash back on all other purchases
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Benefits
- Be automatically considered for a higher credit line in as little as 6 months
- Get unlimited access to your credit score and access tools to help you monitor your credit profile with CreditWise
In addition to its earning potential, the Capital One QuicksilverOne Cash Rewards Credit Card features valuable benefits for cardholders.
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Automatic credit line reviews. Capital One will automatically review your credit limit for a potential increase in as little as six months.
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No foreign transaction fees. Avoid hidden charges of up to 3% when making foreign purchases.
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Free credit score monitoring. Access and track your credit score for free with CreditWise. Monitor your progress toward your credit score goals to qualify for credit cards with higher rewards and additional benefits.
The Capital One QuicksilverOne Cash Rewards Credit Card has three primary ways to earn rewards.
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Booking reservations through Capital One Travel. When you book hotels and rental cars with Capital One Travel, you’ll earn 5% on every purchase.
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Everyday purchases. This card earns an unlimited 1.5% cash back on every eligible purchase. There aren’t multiple bonus categories to remember or special offers to activate to earn rewards on all of your spending.
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Referring friends and family. Log into your Capital One account to get your personalized referral link. You’ll earn additional rewards when your friends and family use your link and get approved.
The cash-back rewards earned from the QuicksilverOne from Capital One never expire as long as your account is open and in good standing. You can redeem your rewards anytime and for any amount through multiple redemption options:
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Get cash back. Receive cash back as a statement credit on your account or as a check in the mail.
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Cover your purchases. Redeem rewards to cover some or all of a recent purchase on your credit card.
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Buy gift cards. Purchase gift cards from dozens of popular retailers and restaurants to use yourself or give as gifts.
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Book travel. Use your rewards to book travel through the Capital One Travel portal.
The Capital One QuicksilverOne Cash Rewards Credit Card makes sense if you want to build your credit while earning cash-back rewards. If you already have a good or excellent credit score, consider applying for better rewards credit cards.
Use your card responsibly, and you may be rewarded with a credit line increase in as little as six months. Capital One automatically reviews accounts, so you don’t have to ask for the bank to raise your limit. The bank also offers CreditWise, which is a free tool that offers access to your credit score and includes tools to help you monitor your credit.
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Less strict credit recommendations for approval (note that having a certain credit score doesn’t guarantee your approval, as it’s up to the card issuer and based on multiple creditworthiness factors)
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Automatic credit line reviews in as little as six months
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Straightforward rewards rate
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No foreign transaction fees
The Capital One QuicksilverOne Cash Rewards Credit Card is an excellent choice for purchases anywhere credit cards are accepted. When your account is opened, you’ll receive either a Visa or Mastercard, which are two of the most widely accepted card networks.
Since the QuicksilverOne doesn’t charge foreign transaction fees, you can use it most anywhere you travel. Whether you’re shopping around town or traveling across the ocean, you won’t have to pay hidden foreign transaction fees of up to 3% that some competing cards may charge.
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Make payments online at CapitalOne.com
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Set up automatic recurring payments
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Pay over the phone at (800) 227-4825
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Mail payments to Capital One, Attn: Payment Processing, PO Box 71087, Charlotte, NC 28272-1087
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Overnight payments to Capital One, Attn: Payment Processing, 6125 Lakeview Rd, Suite 800, Charlotte, NC 28269
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In-person at a Capital One Cafe, branch, or ATM location
The Capital One QuicksilverOne Cash Rewards Credit Card is an excellent choice for people who want to earn cash-back rewards while building their credit, but it won’t be the best fit for everyone. Consider these alternatives for more options.
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Rewards rate
- 5% unlimited cash back on hotels and rental cars booked through Capital One Travel
- 1.5% unlimited cash back on every purchase, everywhere
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Benefits
- No annual or hidden fees; see if you’re approved in seconds
- Earn back your $200 security deposit as a statement credit when you follow card best use practices, such as making payments on time
- Be automatically considered for a higher credit in six months with no additional deposit
Why we like it: The Capital One Quicksilver Secured is similar to the Capital One QuicksilverOne, but it may have less strict credit requirements as a secured card. You can still earn valuable cash-back rewards, but you have to put down a minimum $200 refundable security deposit that acts as your credit line.
Read our full Capital One Quicksilver Secured review
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Rewards rate
- 3% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%)
- 3% cash back on U.S. online retail purchases (on up to $6,000 per year in purchases, then 1%)
- 3% cash back at U.S. gas stations (on up to $6,000 per year in purchases, then 1%)
- 1% cash back on all other purchases
- Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit or on Amazon.com at checkout
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Benefits
- Generous intro APR on purchases and balance transfers
- Get a $7 monthly statement credit after spending $9.99 or more on a streaming subscription to the Disney Bundle, plus earn up to $15 in monthly statement credits after purchasing a Home Chef subscription
Why we like it: The Amex Blue Cash Everyday Card makes earning rewards on everyday purchases easy with its elevated bonus categories. You can also take advantage of multiple card benefits, including receiving $7 back each month after spending $9.99+ monthly on an eligible Disney Bundle subscription (enrollment required).
Read our full Amex Blue Cash Everyday Card review
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Rewards rate
- 8% cash back on Capital One Entertainment purchases
- 5% cash back on hotels and rental cars booked through Capital One Travel
- 3% cash back on dining, entertainment, popular streaming services, and at grocery stores (excluding superstores like Walmart and Target)
- 1% cash back on all other purchases
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Benefits
- Get a 0% APR on purchases and balance transfers for the first 15 months
- No foreign transaction fees
Why we like it: The Capital One Savor has a $0 annual fee, no foreign transaction fees, and intro APR offers on purchases and balance transfers. It’s also among the most rewarding cash-back cards for everyday shopping, including at grocery stores, dining out, entertainment, and popular streaming services.
Read our full Capital One Savor Credit Card review
This article was edited by Ben Walker (CEPF, CFEI®)
Editorial Disclosure: The information in this article has not been reviewed or approved by any advertiser. All opinions belong solely to Yahoo Finance and are not those of any other entity. The details on financial products, including card rates and fees, are accurate as of the publish date. All products or services are presented without warranty. Check the bank’s website for the most current information. This site doesn’t include all currently available offers. Credit score alone does not guarantee or imply approval for any financial product.
