The Capital One QuicksilverOne Cash Rewards Credit Card is a straightforward and accessible option for those looking to build or improve their credit. Particularly appealing to individuals with fair credit, this card offers a simple way to earn cash rewards on every purchase, making it an excellent choice for everyday spending.
$0
1.5%-10%
$50
630-689 (Fair)
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Product Details
- Earn unlimited 1.5% cash back on every purchase, every day
- Early Spend Bonus: Earn $50 when you spend $100 in the first three months
- Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024
- Enjoy peace of mind with $0 Fraud Liability so that you won’t be responsible for unauthorized charges
- Enjoy no annual fee, foreign transaction fees, or hidden fees
- Lock your card in the Capital One Mobile app if it’s misplaced, lost, or stolen
- Earn up to $500 a year by referring friends and family when they’re approved for a Capital One credit card
- Build your credit with responsible card use
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Our Take
Pros:
- No foreign transaction fees
- No annual fee
- Excellent extra benefits
- Solid cash-back rewards for a student credit card
Cons:- Other student cards may offer better earning potential
Best for Cash Rewards
- Rating: 4.5/5
How to Apply
Annual Fee
- $39
Rewards Rate
- 1.5% cash back on every purchase
Intro Offer
- N/A
Credit Score
- 580-739 (Fair to Good)
Product Details
Our Take
Why CreditContentCreator Picked the Capital One QuicksilverOne Cash Rewards Credit Card
Uncomplicated Rewards
Earn an unlimited 1.5% cash back on every purchase. It’s a straightforward rewards system without the need to track spending categories.
Building Credit
This card is an excellent tool for those with fair credit to build or improve their credit score while earning rewards.
Consideration for Credit Line Increase
Access to a higher credit line after making your first 6 monthly payments on time, which can positively impact your credit score.
Detailed Analysis
Current Offer Insights
Though there is no introductory offer, the card excels with its uncomplicated rewards system and potential credit-building capabilities.
Pros and Cons
Advantages
- Consistent earnings with 1.5% cash back on all purchases.
- Opportunity to build credit.
- Access to a higher credit line after making the first 6 monthly payments on time.
Limitations
- $39 annual fee.
- No bonus categories for higher cash back.
- No introductory APR offer for purchases or balance transfers.
Ideal User Profile
This card is best suited for individuals looking to improve their credit score while earning straightforward, unlimited cash back rewards on every purchase. It’s particularly advantageous for everyday spenders who prefer a simple rewards program without the hassle of tracking spending categories.
Competitive Landscape
Compared to peers like the Discover it® Secured Credit Card, the QuicksilverOne offers a more straightforward cash back program with a slightly higher annual fee but without the need for a security deposit.
Complementary Cards
To maximize rewards, pairing the QuicksilverOne with a category-specific rewards card, like one offering higher cash back on groceries or gas, can optimize your earnings across different spending areas.
CreditContentCreator’s Verdict
The Capital One QuicksilverOne Cash Rewards Credit Card earns a high rating for its blend of simplicity, reward earnings, and credit-building potential. It’s a solid choice for anyone looking to simplify their rewards earning while working on their credit health.
Frequently Asked Questions
How does the 1.5% cash rewards work?
Can the Capital One QuicksilverOne Cash Rewards Credit Card help in building credit?
APPLY FOR THIS CARD
Credit limits and approval are not guaranteed and are subject to a credit review.
