Review: Is the Capital One QuicksilverOne Cash Rewards Credit Card Right for You?

If you’re shopping without using a rewards credit card, you’re basically throwing money away. If you just use cash or a debit card, you’re missing out on valuable rewards and even cash back.

You can step up your shopping game by applying for a strong credit card. Find your offers here: Capital One - offering valuable benefits and perks, it’s an excellent addition to your wallet.

Rewards

With the Capital One QuicksilverOne Cash Rewards Credit Card, you can earn unlimited 1.5% cash back on every purchase you make, every day. That means if you spend $1,000 a month on average with your credit card, you can get up to $180 cash back over the course of a year. That’s nearly $200 worth of free money.

Your cash back rewards never expire as long as your account remains open. And, you can redeem your cash back at any time; there’s no minimum you have to reach.

Benefits

While the card offers valuable rewards, there are some significant benefits that make the card even more worthwhile:

• Fraud Coverage - $0 Fraud Liability for unauthorized charges.
• Emergency Card Services - If your credit card is lost or stolen, you can get an emergency card replacement and a cash advance, subject to available credit
• Mastercard ID Theft Protection™ - Available to help should you become the victim of Identity Theft

*For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.

Terms & Fees

The Capital One QuicksilverOne Cash Rewards Credit Card has a $39 annual fee with a regular APR of 29.99%(variable).

Rate & Fees

3 Alternatives to the Capital One QuicksilverOne Cash Rewards Credit Card

While the would work for many people, it’s not for everyone. Here are three other cards that may be a better fit for you.

1. Wells Fargo Propel American Express® Card (Offer Not Available at this Time)

If you’re looking for a general rewards card, check out the Wells Fargo Propel American Express® Card.

When you open an account and spend $3,000 in the first three months, you’ll receive a signup bonus of 30,000 points, a $300 value. That’s a big bonus compared to the Capital One QuicksilverOne Cash Rewards Credit Card which does not have a signup offer.

You’ll earn 3X points on gas, rideshare trips, flights, hotels, car rentals, and even popular streaming services. On all other purchases, you’ll earn one point per $1 spent. Your points never expire, and there’s no limit to what you can earn.

The Wells Fargo Propel American Express® Card also offers a 0% introductory APR on new purchases and balance transfers for up to 12 months.

2. Chase Freedom Unlimited®

If you use your Chase Freedom Unlimited® card for all your purchases and at the end of your first year, Chase will automatically match all the cash back you earned! There is no limit to how much you can earn. Every dollar in cash back rewards you earn is a dollar Chase will match. You’ll get 15 months (from account opening) at 0% intro APR on new purchases, giving you over a year to pay off your debt without worrying about interest. After that, a variable APR of 20.49% - 29.24% applies. The balance transfer fee for this card is either $5 or 5% of the amount of each transfer, whichever is greater.

With the Chase Freedom Unlimited® card you earn unlimited 1.5% cash back is just the beginning of what you can earn. You'll enjoy 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery services, 5% cash back on travel purchased through Chase Travel, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; and 1.5% cash back on all other purchases.

You can also earn unlimited 1.5% cash back on all purchases. There is no minimum to redeem for cash back. Cash back rewards do not expire as long as your account is open.

The information about the HSBC Cash Rewards Mastercard® credit card has been collected independently by CreditSoup.com. The card details have not been reviewed or approved by the card issuer. Please refer to the Issuer’s website for accurate pricing details.

3. HSBC Gold Mastercard® credit card

If you need more time to do a balance transfer, the HSBC Gold Mastercard® credit card offers one of the longest promotional periods at 0% APR for the first 18 months after account opening. That promotional APR applies to both balance transfers and new purchases, giving you plenty of time to finance major expenses.

Once the promotional period is over, the variable APR of 13.24%, 17.24% or 21.24% will apply after the Introductory Period.

Unlike the QuicksilverOne card, there is no annual fee. That means you don’t have to worry about spending a certain amount to offset the annual fee.

The Bottom Line

If you’re looking to add a new rewards credit card to your wallet, evaluating all of your options can be overwhelming. The QuicksilverOne® card is a valuable card that offers strong rewards and benefits. However, if you’re looking to do a balance transfer or want to take advantage of a strong signup bonus, it’s a good idea to check out alternatives.