Don’t listen to Samuel L. Jackson, The Capital One Quicksilver card is a “good” cash back rewards card, but the Barclaycard Arrival PlusTM World Elite MasterCard® is the best personal rewards card. The Quicksilver card doesn’t even have a sign-up bonus.
Ok, on to the Capital One Quicksilver cash back card!
Cold, Hard Cash
The Quicksilver is a solid card to add to any collection just because of that 1.5% cash back rate. Why? Well, other rewards cards on the market tend to offer a little more (think 2%-5%) for certain categories — such as gas, groceries, etc. — and then give you just 1% on every other purchase. 1% is pretty much the standard for miscellaneous purchases.
There’s no way that you’ll be able to fit all your spending into a bonus category for this or that card. For every other purchase in your life that doesn’t fit neatly into a bonus category, it pays to keep the Quicksilver around. 50% more can add up to a lot by the end of the year. And again, there’s no limit on these rewards.
In fact, there’s no hassle in general. Check it:
- No annual fee
- No expiration on your cash rewards (as long as the account is open)
- Redeem your cash for any amount at any time, or even set up automatic redemption so you don’t have to think about it
- No rotating categories or annoying sign-ups to keep track of. Who doesn’t hate the feeling of missing out on free money just because a sign-up deadline passed?
Sign Up Goodies
Right now the Capital One Quicksilver cash back card is offering an introductory 0% APR on purchases and balance transfers for a whole year! This is perfect for that big purchase you have coming up. Heads up — there’s still a 3% balance transfer fee, but that probably beats the interest you’re paying. Just don’t pay late or you might lose this introductory offer.
And get off to a great start with a $100 bonus after your spend $500 on purchases in the first 3 months. That’s just $167 of spending per month. Go ahead, take the free money.
Visa Signature Benefits
As a Visa Signature card, the Quicksilver sports impressive benefits, including:
- Exclusive access to events and retail discounts as well as complimentary upgrades and savings at certain hotels, resorts, etc.
- 24/7 customer service just a phone call away, ready to provide concierge services, travel assistance, and roadside assistance
- Put certain purchases on the card and get free, automatic protections such as insurance for car rentals and trips
Capital One Quicksilver vs Venture
The Quicksilver is for people with excellent credit. If that’s you, you might actually prefer another Capital One offering: the Venture card, which offers 2% back on all purchases. The Venture card is a better option if (a) you don’t mind redeeming rewards for travel expenses rather than cash, and (b) you will spend more than $983 per month on the card — which is the point where the difference in rewards covers the $59 annual fee. Mosey on over to our Venture review to learn more.
And hey, if you don’t have excellent credit, you could always go for the QuicksilverOne MasterCard. This little brother doesn’t have the Visa Signature benefits and worse, charges a $39 annual fee. It would take $217 per month on the card just for the rewards to pay for the annual fee.