Advertiser Disclosure

Benefits of the Capital One Quicksilver

The card earns 1.5% cash back on all purchases, and you'll also get introductory incentives as well as travel-friendly features.
Aug. 28, 2019
Cash Back Credit Cards, Credit Cards
GettyImages_576595838_Story.jpg
At NerdWallet, we strive to help you make financial decisions with confidence. To do this, many or all of the products featured here are from our partners. However, this doesn’t influence our evaluations. Our opinions are our own.

The Capital One® Quicksilver® Cash Rewards Credit Card is a no-hassle option ideal for minimalists or those who want easy-to-manage rewards. You don’t have to track rewards categories, spending limits or redemption thresholds with this $0-annual-fee card. It works well solo as a go-to option for all purchases, and it pairs well with other credit cards that offer higher rewards in popular spending categories.

» MORE: NerdWallet’s best cash-back credit cards

Straightforward rewards

Wherever you use the Capital One® Quicksilver® Cash Rewards Credit Card, you’ll earn a solid industry-standard rate of 1.5% cash back on all purchases. The rewards can add up quickly if you use the card for most purchases, and you can redeem them at any amount. Rewards redeem for cash back, statement credit or gift cards, and they don’t expire as long as your account is open and active.

» MORE: Which 1.5% cash-back credit card should you choose?

Introductory incentives

The Capital One® Quicksilver® Cash Rewards Credit Card has solid welcome offers that could help offset the cost of your purchases.

A sign-up bonus for new cardholders

You don’t have to be a big spender to meet the requirements for a generous sign-up bonus: One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening. You can plan your application around months with added expenses to meet that goal.

A lengthy 0% introductory APR

You’ll get an intro 0% on Purchases and Balance Transfers for 15 months, and then the ongoing APR of 16.24% - 26.24% Variable APR. That’s a lengthy amount of time to finance your purchases and save on interest charges.

» MORE: NerdWallet’s best credit card bonus offers

Travel-friendly features

No foreign transaction fees

Many cash-back credit cards charge a fee for purchases made outside of the U.S. — typically 1% to 3% per transaction. The Capital One® Quicksilver® Cash Rewards Credit Card doesn’t charge this fee, so you can save money on these potentially costly transactions when you’re traveling abroad.

International merchant acceptance

As part of the Visa network, the Capital One® Quicksilver® Cash Rewards Credit Card is widely accepted by merchants abroad.

» MORE: NerdWallet’s best no foreign transaction fee credit cards

Protections: Shopping and travel benefits

The Capital One® Quicksilver® Cash Rewards Credit Card offers different side benefits depending on whether you’re approved for the Visa Signature or Visa Platinum version of the card. (Capital One will make this determination when you apply.)

Here are some benefits that both versions provide:

Visa Signature and Visa Platinum benefits

Extended warranty protection

This benefit adds up to one year to manufacturers’ warranties of three years or less when you’ve used the card to purchase qualifying items. Terms apply. Learn more about extended warranty protections.

Travel accident insurance

You and eligible family members are insured up to a certain amount against qualifying accidents that may happen while entering, exiting or traveling in a licensed common carrier as long as you charge your entire travel fare to the Capital One® Quicksilver® Cash Rewards Credit Card. Coverage may also extend to qualifying transportation to and from the airport, depending on whether you charged the fare to your card prior to departing. Terms apply and will differ for the Visa Platinum and Visa Signature card versions.

Auto Rental Collision Damage Waiver

Get covered in case of car damage or theft when you use your card to pay for an auto rental and decline the car rental agency’s insurance coverage. The coverage is secondary to your own insurance policy, meaning you’ll have to go through them first if the rental car is damaged or stolen. Without your own insurance policy, this benefit reimburses the amount covered for theft and damages, in addition to other qualifying charges that the auto rental company may impose when the car is out of commission. Terms apply. Learn more about credit card rental car coverage.

Travel and emergency assistance services

If you experience an emergency abroad, this benefit can help you find medical, legal and travel services by connecting you with local emergency and assistance resources at your destination. The benefit extends to you, a spouse and children that are dependents under 22 years of age. Terms apply.

» MORE: NerdWallet’s best Capital One credit cards

More about the card

About the author