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This cash back rewards card can be ideal for those with average credit. The low annual fee is offset by the ability to earn unlimited cash back on every purchase you make and easily redeem your rewards in a variety of ways. Valuable travel benefits and credit protection features ensure you can use the card with confidence—and even use it to improve your credit score.
Capital One QuicksilverOne Cash Rewards Credit Card
on Capital One's website
Recommended FICO® Score*
Capital One QuicksilverOne Cash Rewards Credit Card
APR
29.99% (Variable)
Intro APR
Rewards
1.5% Cash Back on every purchase, every day, 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply)
1.5% Cash Back on All Purchases
Annual Fee
$39
Card Details
- Earn unlimited 1.5% cash back on every purchase, every day
- No rotating categories or limits to how much you can earn, and cash back doesn't expire for the life of the account. It's that simple
- Be automatically considered for a higher credit line in as little as 6 months
- Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
- Help strengthen your credit for the future with responsible card use
- Enjoy up to 6 months of complimentary Uber One membership statement credits through 11/14/2024
- Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply
- Monitor your credit score with CreditWise from Capital One. It's free for everyone
- Check out quickly and securely with a contactless card, without touching a terminal or handing your card to a cashier. Just hover your card over a contactless reader, wait for the confirmation, and you're all set
| Pros | Cons |
|---|---|
| Unlimited cash back on every purchase | No welcome bonus or introductory financing offer |
| Requires only average credit | High APR |
| No foreign transaction fees | Annual fee |
| Customer service contact info for Capital One 1-800-227-4825 Capital One Attn: General Correspondence P.O. Box 30285 Salt Lake City, UT 84130-0287 |
Experian Review
From gold stars in kindergarten to a gold watch when you retire, everyone loves getting rewards. But if you don't have excellent credit, rewards credit cards can be hard to come by. The Capital One QuicksilverOne Cash Rewards Credit Card is one of the rare exceptions. Even with less-than-perfect credit, you could be approved for this card, which offers 5% cash back on hotels and rental cars booked through Capital One Travel (terms apply) and a competitive 1.5% cash back rate on every purchase.
Simplicity and convenience are key features of this card. There are no complicated rules, schedules or rewards categories to remember. You get a 1.5% reward on everything you buy—it's that simple. Redeem your cash back for any amount, any time. You can apply your cash back to your card balance to cover a recent purchase or use it to purchase gift cards.
Apply with Less-than-Perfect Credit
The Capital One QuicksilverOne Cash Rewards Credit Card provides a decent cash back rate without requiring a stellar credit score. Even if you've had some credit problems in the past, you may still be approved for this card.
There are a few tradeoffs to be aware of, though. The card charges a $39 annual fee (lower than other cards, but there are rewards cards out there with no fee at all). It also has a higher-than-average annual percentage rate (APR), so it's not ideal if you plan to carry a balance. While many rewards cards offer a sign-up bonus or a 0% introductory purchase or balance transfer APR, the Capital One QuicksilverOne Cash Rewards Credit Card does neither.
This card does, however, offer some features that can help take your credit score from average to excellent. For instance, you may automatically be considered for a higher credit line in as little as six months. Cardholders can also use CreditWise® from Capital One®, which gives you unlimited access to your credit score and tools to help you monitor your credit profile.
No Sign-Up Offer but Strong Cardholder Rewards
Although there's no sign-up bonus, this card offers some solid rewards and the flexibility to redeem them in different ways. There is the 5% cash back on hotels and rental cars booked through Capital One Travel (terms apply) and the 1.5% cash back applies to all purchases; rewards are unlimited.
Cash back can be redeemed for any amount whenever you want, and there are plenty of options for how to use it. For instance, you can use your rewards to purchase gift cards, get a check or have them applied to your statement as a credit.
The Annual Fee May Be Worth It
Depending on your spending, the cash back rewards this card provides may be enough to make the card's annual fee worth it. You'll have to spend at least $216 a month with the Capital One QuicksilverOne Cash Rewards Credit Card to justify the annual fee, but anything beyond that is money in the bank.
Is This Card Right for You?
For users with average credit who may not qualify for other rewards cards, the Capital One QuicksilverOne Cash Rewards Credit Card is a solid option that lets you earn cash back on every purchase, but at the cost of a small annual fee. Plus, with access to credit monitoring and the potential to quickly increase your credit line, using this card wisely can help to improve your credit score. That said, users who plan to carry a balance may want to choose a card with a lower APR.