Capital One QuicksilverOne Cash Rewards

Rewards Rate

Welcome Bonus

This card does not offer a welcome bonus or introductory offer.

APR

Max 29.99% Variable APR

Pro & Cons

• Simple cashback card with no foreign transaction fee.
• Low eligibility requirements.

• Limited benefits or perks.
• $39 annual fee and high APR.

Capital One QuicksilverOne Cash Rewards

The Capital One QuicksilverOne Cash Rewards Credit Card is designed for individuals with fair credit who are looking for unlimited cash back on everyday purchases. It comes with an annual fee of $39 and a 29.99% variable APR.

Rewards Redemption

You can redeem your cashback rewards by requesting a physical check, gift card, or statement credit. You can also set up automatic redemption, which will redeem points for you on specific dates or upon earning a certain amount. Points can also be used via Capital One Travel.

Terms, Rates and Fees

• The QuicksilverOne Cash Rewards Credit Card has a variable APR of 30.49%, based on the current prime rate. It also has a $39 annual fee, a 3% balance transfer fee, a 3% or $3 cash advance fee (whichever is greater), and a $40 late payment fee.
• The credit limit depends on the user’s creditworthiness. However, the card issuer will automatically review the limit after 6 months and potentially raise it.
• When using this card, the minimum payment amount is $25 or 1% of your current balance, whichever is higher. The payment also includes interest and other fees, as applicable.
• Although it has a high variable APR, this card comes with standard terms for a credit card geared toward people who are still building credit.

Maximize Benefits and Avoid Fees

Here are some ways to maximize the benefits of this card while also avoiding potential fees and charges:

• Take advantage of the cash back: This card offers ongoing value in the form of unlimited 1.5% cash back on all purchases and higher cashback options on select purchases.
• Pay off your balance: To avoid the high APR, pay off your balance each month before interest gets charged to your account.

How to Apply

1. To apply online, go to the Capital One website, hover over the “Credit Card” tab at the top of the page, and select “Cash Back Rewards.”
2. Next, choose “See Cards” for Quicksilver & QuicksilverOne Rewards.
3. Select “QuicksilverOne Rewards.” This will take you to this card’s information page.
4. Review the card’s terms and conditions, then select “Apply Now” to begin the application.
5. The application only takes a few minutes to fill out. You’ll need to provide some information, such as your name, date of birth, SSN or ITID, citizenship status, residential address, email address, phone number, employment status, highest level of education completed, annual income, mortgage or rent payment, and whether you have a bank account. You can also choose to go paperless and authorize your SSN at this point.
6. Review the important disclosures and click continue.
7. Once you press continue, review your information and make the necessary changes. If everything looks good, proceed to apply for the card.

Qualification Requirements

What Makes This Card Appealing?

One major perk of the QuicksilverOne Cash Rewards Credit Card is unlimited cash back on everyday purchases. It also has a low credit score requirement, which could benefit those with poor credit or limited credit history who want to build credit.