Capital One Quicksilver vs. Citi Double Cash: Double Cash Goes the Distance

With more ongoing value, the Citi Double Cash slightly edges out its opponent.
Dec 9, 2021

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If you prefer simplicity and an all-purpose credit card, the Citi® Double Cash Card – 18 month BT offer or Capital One Quicksilver Cash Rewards Credit Card can check those boxes.

The distinguishing factor between both lies in the way they deliver value. The Citi® Double Cash Card – 18 month BT offer outshines its competitor with a more substantial ongoing rewards rate on all purchases and a longer get-out-of-debt offer. As a runner-up, the Capital One Quicksilver Cash Rewards Credit Card packs a few introductory offers that can make it valuable in the beginning, but the ongoing rewards fall short.

Here’s how to determine which one is right for your spending.

At a glance

Capital One Quicksilver Cash Rewards Credit Card

Citi® Double Cash Card – 18 month BT offer

Complete card details and application link:

Capital One Quicksilver Credit Card
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Complete card details and application link:

Citi® Double Cash Card
NerdWallet rating 
Learn More

Annual fee

$0.

$0.

Sign-up bonus

One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening.

None.

Rewards

Earn 1.5% cash back on all purchases.

Earn 2% cash back on all purchases: 1% when you buy and 1% when you pay the bill.

APR

Get a 0% intro APR for 15 months on purchases and balance transfers, and then the ongoing APR of 15.24%-25.24% Variable APR.

Get a 0% intro APR on Balance Transfers for 18 months, and then the ongoing APR of 14.74%-24.74% Variable APR.

Foreign transaction fee

None.

3%.

Why the Citi® Double Cash Card – 18 month BT offer is better for most people

The Citi® Double Cash Card – 18 month BT offer wins by a small margin. It offers more long-term value than the Capital One Quicksilver Cash Rewards Credit Card.

Rewards

The Citi® Double Cash Card – 18 month BT offer earns a solid 2% cash back rate on all purchases: 1% when you buy and 1% when you pay off the balance. It goes further than the 1.5% rewards rate offered on the Capital One Quicksilver Cash Rewards Credit Card.

Assuming you pay off the bill, it’s easy enough to earn the full rewards rate on the Citi® Double Cash Card – 18 month BT offer. Compare the potential value earned in rewards with each card:

Citi Flex Pay Option

The Citi® Double Cash Card – 18 month BT offer comes with the Citi Flex Pay option, which allows you to put large purchases on your credit card and pay them off over a set timeframe with a fixed interest rate and payment plan. You could use this option to save on interest charges, and you don’t have to apply or undergo a credit check. As of November 2021, the Capital One Quicksilver Cash Rewards Credit Card doesn’t currently offer this type of ongoing option.

Balance transfers

The Citi® Double Cash Card – 18 month BT offer has a longer window to pay down debt. New cardholders get a 0% intro APR on Balance Transfers for 18 months, and then the ongoing APR of 14.74%-24.74% Variable APR. It charges a low introductory balance transfer fee: 3% of the amount transferred or $5 (whichever is greater), for transfers completed within the first four months of account opening and a 5% fee or $5, whichever is greater, after that.

Why some might prefer the Capital One Quicksilver Cash Rewards Credit Card

While the Citi® Double Cash Card – 18 month BT offer offers more long-term value, the Capital One Quicksilver Cash Rewards Credit Card can offer incentives to new cardholders who make purchases after opening the account.

Introductory offers

Unlike the Citi® Double Cash Card – 18 month BT offer, the Capital One Quicksilver Cash Rewards Credit Card offers new cardholders breathing room on purchases and a way to defray the cost. New cardholders can get a 0% intro APR for 15 months on purchases and balance transfers, and then the ongoing APR of 15.24%-25.24% Variable APR. There’s also a sign-up bonus: One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening. In comparison to other card offers, this spending requirement is reasonable and more attainable.

No foreign transaction fees

On cash-back credit cards, this feature holds less weight, but it can save you money while using the card abroad. The Capital One Quicksilver Cash Rewards Credit Card doesn’t charge any foreign transaction fees. By comparison, the Citi® Double Cash Card – 18 month BT offer charges 3% on every international transaction.

Which card should you get?

The Capital One Quicksilver Cash Rewards Credit Card can offer some valuable perks in the beginning, but the better option with long-lasting value is the Citi® Double Cash Card – 18 month BT offer. You can use it get out of debt or snag a decent rate on all purchases. As a flat-rate credit card, the Citi® Double Cash Card – 18 month BT offer also pairs well with other high-earning rewards credit cards, so you can squeeze even more rewards out of your purchases.

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