Capital One Quicksilver: Unlimited 1.5% cash back, no annual fee
The Capital One Quicksilver Cash Rewards Credit Card is a simple yet powerful credit card that offers unlimited 1.5% cash back on every purchase, with no categories to track or activate. Designed for those who prefer a hassle-free rewards program, this card ensures that you earn on every dollar spent—whether on groceries, dining, travel, or everyday expenses.
With no annual fee, the Quicksilver card provides valuable perks like fraud protection, travel accident insurance, and 0% introductory APR on purchases and balance transfers. Additionally, it includes no foreign transaction fees, making it an excellent option for international travelers.
This card is a great choice for users who want a straightforward rewards program with no rotating bonus categories, spending limits, or complicated redemption processes. Whether you’re a frequent spender or just looking for a reliable everyday credit card, the Capital One Quicksilver delivers consistent value with its flat-rate cash back system.
Benefits of the card
The Capital One Quicksilver Cash Rewards Credit Card offers multiple benefits that make it a strong competitor in the cash back category:
- Unlimited 1.5% cash back on all purchases – No categories to track, no enrollment needed, and no spending caps.
- $200 cash bonus – Earn a one-time $200 cash bonus after spending $500 in the first 3 months.
- 0% intro APR for 15 months – Enjoy 0% APR on purchases and balance transfers for the first 15 months, followed by a variable APR of 19.99% – 29.99%.
- No annual fee – Keep more of your rewards with a card that charges no annual fee.
- No foreign transaction fees – Use your card anywhere in the world without paying extra fees.
- Automatic cash back redemption – Redeem rewards at any time with no expiration date.
- Travel accident insurance – Get coverage for accidental death or injury when using the card for eligible travel purchases.
- Extended warranty protection – Receive additional coverage on eligible purchases.
These benefits make the Quicksilver card a great option for anyone looking for a hassle-free way to earn cash back while enjoying additional perks.
Prerequisites for applying for the Capital One Quicksilver Cash Rewards Credit Card
To apply for the Capital One Quicksilver Cash Rewards Credit Card, applicants must meet specific eligibility criteria to ensure responsible credit usage. Here are the main requirements:
- Credit score: Applicants typically need a good to excellent credit score (700+ recommended) for approval.
- Age and residency: Must be at least 18 years old (or 21 in some states) and a U.S. resident with a valid Social Security Number or Individual Taxpayer Identification Number.
- Income verification: Applicants may be required to provide proof of income to confirm their ability to manage credit responsibly.
- Capital One account standing: If you are an existing Capital One cardholder, your account should be in good standing to improve approval chances.
While meeting these prerequisites doesn’t guarantee approval, maintaining a strong credit profile increases the likelihood of being accepted for the Quicksilver card.
About Capital One
The Capital One Quicksilver Cash Rewards Credit Card is issued by Capital One, one of the leading financial institutions in the United States. Founded in 1994, Capital One has grown into a top 10 U.S. bank with millions of customers across various financial products, including credit cards, loans, and savings accounts.
Key facts about Capital One:
- Headquarters: McLean, Virginia
- Total assets: Over $450 billion
- Customer base: Serves more than 100 million customers worldwide
- Digital banking leader: Known for its AI-driven fraud protection, mobile banking innovations, and virtual card numbers for online security
Capital One is recognized for its customer-friendly approach, no-hidden-fee policies, and accessible financial products. The bank’s strong commitment to digital banking and security makes it a trusted choice for consumers looking for both convenience and protection.
Who is this card for?
The Capital One Quicksilver Cash Rewards Credit Card is designed for consumers who want a simple, no-hassle cash back experience. Unlike some cards that require activation of categories or impose spending limits, Quicksilver offers a flat 1.5% cash back on all purchases, making it a great fit for a variety of users:
- Everyday spenders – Ideal for those who use their credit card for daily expenses like groceries, dining, gas, and online shopping.
- Frequent travelers – With no foreign transaction fees, this card is perfect for international travelers looking to save on currency conversion costs.
- First-time cash back users – Great for those new to cash back rewards, as there are no rotating categories or redemption restrictions.
- Budget-conscious consumers – With no annual fee and a 0% intro APR for 15 months, it’s a smart choice for those looking to manage their finances efficiently.
Because of its straightforward rewards system and travel-friendly benefits, the Quicksilver card is a versatile option for many types of cardholders.
What rewards and programs does the card offer?
The Capital One Quicksilver Cash Rewards Credit Card focuses on simplicity and unlimited rewards. Here’s what cardholders can expect:
Cash Back Rewards:
- Unlimited 1.5% cash back on all purchases – No categories to track, no spending limits, and no activation required.
- $200 cash bonus – New cardholders earn a one-time $200 cash bonus after spending $500 in the first 3 months.
- No expiration on rewards – Cash back earned never expires as long as the account remains open.
Additional Perks:
- Introductory 0% APR – Enjoy 0% APR on purchases and balance transfers for the first 15 months (followed by a variable APR of 19.99% – 29.99%).
- No foreign transaction fees – Use your card globally without additional charges on international purchases.
- Automatic redemption – Set cash back to automatically apply as a statement credit, check, or gift card.
The Quicksilver card is an excellent choice for those looking for a reliable and rewarding credit card without the hassle of category tracking or reward restrictions.
Initial credit limit
The Capital One Quicksilver Cash Rewards Credit Card offers a flexible credit limit that varies based on the applicant’s creditworthiness, income, and overall financial profile. While Capital One does not publicly disclose exact limits, typical ranges are:
- Minimum credit limit: Starts at $1,000 for most approved applicants.
- Maximum credit limit: Can exceed $30,000 for well-qualified individuals with strong credit history.
Cardholders may request a credit limit increase after demonstrating responsible card usage, such as making on-time payments and keeping a low credit utilization ratio.
Step by step to apply for the card
Applying for the Capital One Quicksilver Cash Rewards Credit Card is a straightforward process that can be completed online in just a few steps:
- Visit the official application page – Start by accessing the Capital One Quicksilver page.
- Check if you’re pre-approved – Capital One offers a pre-approval tool that allows applicants to check eligibility without affecting their credit score.
- Complete the application – Provide personal information, including name, address, Social Security Number, employment details, and annual income.
- Review and submit – Carefully review the terms and conditions, including APR and rewards details, before submitting your application.
- Receive a decision – Many applicants get an instant decision, while others may need to wait for further verification.
- Receive and activate your card – If approved, the card typically arrives within 7-10 business days.
Manage your account on the go:
- Download the Capital One mobile app for Android or iOS to monitor transactions, set up alerts, and make payments conveniently.
Card’s pros and cons
Like any credit card, the Capital One Quicksilver Cash Rewards Credit Card has its advantages and drawbacks. While it offers unlimited cash back and no annual fee, some users may find certain limitations depending on their spending habits and financial needs.
Pros:
- Unlimited 1.5% cash back on all purchases – No categories to track or activate.
- $200 cash bonus – Earn a one-time $200 bonus after spending $500 in the first 3 months.
- No annual fee – Keep your rewards without paying yearly costs.
- 0% intro APR for 15 months – Applies to both purchases and balance transfers.
- No foreign transaction fees – Great for international travel.
- Flexible redemption options – Use cash back as a statement credit, check, or gift card.
- Fraud protection and security – Includes virtual card numbers, $0 fraud liability, and instant purchase notifications.
- Travel perks – Includes travel accident insurance and rental car coverage when using the card for eligible transactions.
Cons:
- No bonus categories – Unlike some cash back cards, Quicksilver does not offer higher rewards on specific spending categories.
- Higher credit score requirement – Typically requires good to excellent credit (700+ recommended) for approval.
- Balance transfer fee – Charges 3% on balance transfers during the intro APR period, which may not be ideal for debt consolidation.
- High variable APR after intro period – Once the 0% APR period ends, the interest rate can range from 19.99% to 29.99%, depending on creditworthiness.
While the Quicksilver card is a strong option for everyday purchases, those who spend heavily in specific categories like dining or groceries may benefit more from a category-based rewards card.
How to unlock the card?
Once you receive your Capital One Quicksilver Cash Rewards Credit Card, activation is quick and simple:
- Visit the activation page – Go to capitalone.com/activate.
- Enter your card details – Provide the 16-digit card number and security code found on the card.
- Log in or create a Capital One account – If you don’t have an account, you will need to register before activating the card.
- Confirm activation – Follow the on-screen instructions to complete the process.
- Set up mobile access – Download the Capital One mobile app for easier account management.
After activation, your Quicksilver card is ready for use both online and in-store, allowing you to start earning unlimited 1.5% cash back immediately.
Fees and charges
The Capital One Quicksilver Cash Rewards Credit Card is designed to be a cost-effective option, but cardholders should be aware of potential fees. Below is a breakdown of the most relevant charges:
Type of Fee | Description |
Annual fee | $0 (no annual fee) |
Introductory APR | 0% APR on purchases for the first 15 months |
Regular APR | 19.99% - 29.99% variable APR after the intro period |
Cash Advance Fee | Either $3 or 3% of the amount, whichever is greater |
Balance Transfer Fee | 3% of the amount transferred during the intro period |
Foreign Transaction Fee | $0 (no foreign transaction fees) |
Late Payment Fee | Up to $40 |
Returned Payment Fee | May apply based on transaction |
While the card has no annual fee and no foreign transaction fees, it’s important to pay on time to avoid high APRs and penalty fees. The 0% intro APR is useful for managing large purchases, but once it expires, the standard APR applies.
Customer service
Capital One is known for its strong customer support and offers multiple ways for cardholders to manage their account and get assistance:
- 24/7 customer support – Call 1-800-227-4825 for immediate assistance.
- Live chat – Available through the Capital One mobile app or online portal.
- Mobile app account management – Monitor transactions, make payments, and set spending alerts through the Capital One app for Android or iOS.
- Email support – Secure messaging is available through the online account dashboard.
- Fraud protection – Real-time alerts for suspicious transactions and $0 liability on unauthorized charges.
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