Capital One Quicksilver Review: A No-Fuss, No-Gimmicks Card

The card earns 1.5% cash back on all purchases, features a sign-up bonus as well as a 0% APR promotion.

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Our Take

4.9

NerdWallet rating 

The bottom line: You’ll get a decent flat rate on all your spending, as well as a welcome offer and interest-free window. But there are other card options that feature more lucrative flat rate rewards.

Capital One Quicksilver Credit Card

on Capital One's website

Annual fee

$0

Regular APR

14.99%-24.99% Variable APR

Intro APR

0% intro APR for 15 months on purchases and balance transfers

Recommended Credit Score

Quick Facts

Pros & Cons

Pros

  • No annual fee
  • High rewards rate
  • Intro APR period
  • No foreign transaction fees

Cons

  • Requires good/excellent credit
  • No bonus categories

Alternate Pick: Higher rewards rate

Wells Fargo Active Cash Card
NerdWallet rating 

Wells Fargo Active Cash℠ Card

2% cash back on all purchases

The $0-annual-fee Wells Fargo Active Cash℠ Card offers an excellent rewards rate on everything you buy, as well as a bundle of other goodies not often found on cards like it.

Read our review

Compare to Other Cards

NerdWallet rating 
NerdWallet rating 
NerdWallet rating 
Annual fee

$0

Annual fee

$0

Annual fee

$0

Regular APR

14.99%-24.99% Variable APR

Regular APR

13.99%-23.99% Variable APR

Regular APR

11.99%-22.99% Variable APR

Rates & Fees

Intro APR

0% intro APR for 15 months on purchases and balance transfers

Intro APR

0% intro APR on Balance Transfers for 18 months

Intro APR

0% intro APR for 14 months on purchases and balance transfers

Recommended Credit Score
Recommended Credit Score
Recommended Credit Score

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Full Review

The Capital One Quicksilver Cash Rewards Credit Card is a good option if you value the simplicity of earning a flat rate on all your purchases. You’ll get 1.5% cash back on every purchase, every day, which means there are no bonus categories to remember or spending limits to keep track of.

The card features other attractive benefits as well, including a solid sign-up bonus, an introductory 0% APR period and low fees. And if you don’t mind managing multiple cards, you can pair it with a tiered-rewards or rotating bonus card to maximize your earnings.

However, there are a number of flat rate cards on the market that will out-earn the Capital One Quicksilver Cash Rewards Credit Card.

Nerdy tip: Capital One offers a suite of Quicksilver-branded cards for different kinds of consumers. This page describes the standard Quicksilver, which is for people with good to excellent credit. There are also cards designed for good credit, fair or average credit and for college students, as well as a secured version for those looking to build credit.

Capital One Quicksilver Cash Rewards Credit Card: Basics

  • Card type: Cash back.

  • Annual fee: $0.

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

  • Rewards: Unlimited 1.5% cash back on all purchases.

  • Interest rate: 0% intro APR for 15 months on purchases and balance transfers, and then the ongoing APR of 14.99%-24.99% Variable APR.

  • Foreign transaction fees: None.

Benefits of the Capital One Quicksilver Cash Rewards Credit Card

Simple rewards earning and redemption

Those who value simplicity will appreciate the straightforward 1.5% cash back rewards on the Capital One Quicksilver Cash Rewards Credit Card.

And the ease of use doesn't apply only on the rewards-earning side. While many competitors require you to amass as much as $25 in rewards before you can cash out, the Capital One Quicksilver Cash Rewards Credit Card doesn't have a minimum redemption amount. You’ll be able to redeem your cash back for any amount and at any time.

Sign-up bonus

The only thing better than earning cash is earning it with minimal effort. The Capital One Quicksilver Cash Rewards Credit Card has a solid sign-up bonus with a fairly low spending requirement to earn it — meaning you're less likely to feel pressured to overspend.

0% intro APR offer

This card features an introductory APR of 0% intro APR for 15 months on purchases and balance transfers, and then the ongoing APR of 14.99%-24.99% Variable APR. The lengthy window for purchases and balance transfers can offer some breathing room on interest payments and can help those who need to make a big purchase or pay down transferred debt.

Keep in mind that there is a 3% fee charged for each balance transferred, so it's important to weigh that cost against current long-term interest payments to determine the best course.

Low fees

The Capital One Quicksilver Cash Rewards Credit Card is a good option for the fee-averse. It charges an annual fee of $0. And because it has no foreign transaction fees, it can be a good option to take with you when traveling internationally.

Drawbacks and alternatives

You can get a higher flat rate

The Capital One Quicksilver Cash Rewards Credit Card set the 1.5% standard for an entire generation of cash-back credit cards. But nowadays, there are a growing number of cards on the market that offer a flat rate of at least 2% back.

For example, the Wells Fargo Active Cash℠ Card pays an unlimited 2% cash back on purchases. And like the Capital One Quicksilver Cash Rewards Credit Card, it features a sign-up bonus as well as an introductory interest-free period on purchases and balance transfers: 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers, and then the ongoing APR of 14.99%-24.99% Variable APR.

It doesn't offer bonus rewards

Flat-rate rewards are ideal for people with varied spending habits. However, if you spend a significant chunk of your budget in specific spending areas, like gas and groceries for example, consider a card that specifically rewards these types of transactions. The $0-annual-fee Blue Cash Everyday® Card from American Express, for instance, offers 3% cash back at U.S. supermarkets (on up to $6,000 in spending per year — then 1%), 2% back at U.S. gas stations and select U.S. department stores, and 1% back on everything else. (Terms apply — see rates and fees.)

If you spend at least $61 a week at the supermarket, take a look at the Blue Cash Preferred® Card from American Express. It charges an annual fee of $0 intro for the first year, then $95 but pays much richer rewards: 6% cash back at U.S. supermarkets, on up to $6,000 a year in spending (then 1%); 6% cash back on select U.S. streaming subscriptions; 3% cash back at U.S. gas stations and on transit; and 1% cash back on all other purchases. These cards also include bonus offers for new cardholders and 0% introductory APR periods. (Terms apply — see rates and fees.)

Alternatively, if you don't mind logging into your account every quarter to opt into bonus rewards categories, you may want to opt for a 5% rotating bonus category card like the Chase Freedom Flex℠ or the Discover it® Cash Back.

Both of these cards earn 5% cash back in categories that change every three months; you have to opt in to the category each time it changes. The 5% cash back is good on up to $1,500 per quarter in spending. All other spending earns 1% cash back. The current bonus categories for both cards can be found here.

Should I get the Capital One Quicksilver Cash Rewards Credit Card?

The Capital One Quicksilver Cash Rewards Credit Card is a simple and easy-to-use option. Although the card doesn't pay the highest flat cash-back rate on the market, it offers a compelling combination of rewards and redemption simplicity, low fees, sign-up bonus and 0% APR period.

But if what you mostly care about is a card's ongoing rewards rate, you can find richer options.

To learn more about how your cash-back credit card options might stack up, check out our best credit cards page.

To view rates and fees of the Blue Cash Preferred® Card from American Express, see this page. To view rates and fees of the Blue Cash Everyday® Card from American Express, see this page.

Frequently asked questions