![]() QuicksilverOne’s cash back system couldn’t be simpler: The card earns a flat, unlimited 1.5% cash back on all purchases. No Rotating Spending Categories or Manual Activation.That’s great news for cardholders who occasionally miss payments, and a big differentiator relative to Citi Double Cash, the American Express EveryDay Credit Card, and the American Express Blue Cash Everyday Credit Card. QuicksilverOne doesn’t impose penalty interest. Together, these two breaks can significantly reduce the cost of using this card, and render QuicksilverOne more attractive to people who travel internationally or need to transfer high-interest balances from other cards. QuicksilverOne doesn’t charge balance transfer fees or a foreign transaction fee. No Balance Transfer Fee or Foreign Transaction Fee.That’s not the case for some competing credit cards. Capital One doesn’t impose any limits on how or when you can manually redeem accumulated cash back – you can do so in any amount, at any time. Rewards Can Be Redeemed in Any Amount.That’s certainly not the case for the regular Quicksilver card, nor for such competitors as Citi Double Cash. Even if you have some dings on your credit profile, your application has a good chance of being accepted. ![]() One of QuicksilverOne’s biggest benefits is its relatively lax credit standards for new applicants, which makes it ideal for cardholders looking to build or rebuild credit. Accepts Applicants With Average Credit.Note the loose underwriting standards and “redeem in any amount” flexibility. Here’s what the QuicksilverOne card has going for it. After you make your first five payments on time, Capital One may grant you access to a higher credit line.Īdvantages of the Capital One QuicksilverOne Cash Rewards Credit Card Capital One tolerates some blemishes on applicants’ credit histories. This card requires average or fair credit. Complimentary collision and damage insurance on rental cars reserved with the card.24/7 emergency card replacement for lost cards or compromised accounts.The QuicksilverOne card comes with a nice lineup of fringe benefits, including: You can also access your score at any time through your online account dashboard. This card comes with access to Capital One CreditWise, a suite of credit-building and -education tools that includes a free credit score with your monthly statement. If you prefer, you can schedule automatic redemptions that execute when you hit a specified cash back increment: $25, $50, $100, or $200. There are no caps, restrictions, or tiered spending categories to worry about here. You can manually redeem accumulated rewards at any time and in any amount for statement credits, gift cards, or paper checks. Eligible hotel and car rental bookings earn unlimited 5% cash back when made through Capital One Travel. Earning and Redeeming RewardsĬapital One QuicksilverOne earns unlimited 1.5% cash back on most purchases. Note the straightforward rewards program, easy redemption, and additional cardholder benefits. These are the key features of the Capital One QuicksilverOne card. Key Features of the Capital One QuicksilverOne Cash Rewards Credit Card Other popular alternatives include the Citi Double Cash Card and the Chase Freedom Flex Credit Card, though both of those cards are also reserved for consumers with good to excellent credit. QuicksilverOne is similar to the Capital One Quicksilver Cash Rewards Credit Card, which is basically a no-annual-fee version of this card for consumers with good to excellent credit. If you make timely, in full payments for at least six months following approval, you’re rewarded with a higher credit limit. On the other hand, this card has unusually lax credit requirements – prospects with average credit are welcome to apply. Cash back rewards can be redeemed for a variety of cash equivalents, including paper checks and statement credits.Ĭapital One QuicksilverOne is among a relative handful of cash back credit cards without an early spend bonus. The Capital One QuicksilverOne Cash Rewards Credit Card is a cash back credit card that charges a $39 annual fee and earns a flat, unlimited 1.5% cash back rate on every purchase.
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