Card Comparison: Chase Freedom vs. Capital One Quicksilver

Advertiser Disclosure

It’s time for yet another credit card comparison!  Up today are the Chase Freedom® and Capital One Quicksilver credit cards.  Each offer up cash back to card holders, but have their differences in bonus cash back execution.  Which one is superior?  Let’s check it out below, and see which one reigns supreme!

 

Here are links to full reviews of these cards:

Chase Freedom Credit Card Review

Capital One Quicksilver Review

Apply Now: Chase Freedom®

 

Sign-Up Bonus

The sign up bonus is a very important factor for anyone signing up for a credit card. For the Capital One Quicksilver Credit card, you’ll see yourself netting $100 for spending $500 in three months.  The winner here is clear, the Chase Freedom® credit card.

 

Bonus Spending

With the Capital One Quicksilver credit card, you’ll net one and a half percent back on every purchase that you make on the card.  There are no categories or rotating calendars to remember.  The Chase Freedom card gives you 1% cash back on every dollar spent, as well as 5% cash back in a rotating group of categories (Restaurants and Lowe’s for April-June, Gas Stations and Kohl’s for July-September, and Amazon/Zappos/Department stores for the rest of the year).  The winner here, in my opinion, is the Quicksilver credit card, since you don’t have to remember any pesky categories!

 

Other Benefits

With your 15 months of 0% APR on purchases and balance transfers (then a variable APR of 13.99%-22.99%) and cash back rewards, you can’t go wrong with the Chase Freedom card.  Furthermore, you’ll have access to the Ultimate Rewards travel network if you have another credit card that earns Ultimate Rewards points with Chase.  This is huge, as it gives you the versatility to really expand on your rewards.

For the Quicksilver credit card, it offers 0% APR until March 2015.  Afterwards, it’ll be 12.9%-22.9%.  It also has no foreign transaction fees, and is a Visa Signature card, with purchase protection and travel benefits.  So, I would say that it depends on what your life is like for the winner between these cards.  If you value travel, and have another Chase card, the Freedom card wins in my book.  But, if you like travelling abroad, you could see the Quicksilver card winning this round.

 

Conclusion

So, who is the winner here?  It’s hard to say.  I think that the 5% benefits puts the Chase Freedom card ahead of the Quicksilver credit card.  But, I still am a firm believer in higher return for regular spending, not in specific categories.  So, if you see yourself spending a lot on these cards, I would edge yourself towards the Quicksilver credit card.  Ultimately, it’s up to you to analyze your spending and see which card is the best for you and your family.  Which one did you choose? Or, did you choose both?  Let us know below in the comments!

Apply Now: Chase Freedom®

Leave a Reply