Capital One QuicksilverOne® Cash Rewards Review

Capital One QuicksilverOne® Cash Rewards is a cashback credit card issued by Capital One. If you're wondering whether Capital One QuicksilverOne® Cash Rewards is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• Earn 1.5% cash back on everyday purchases. This is higher than the average reward rate (1% cash back) for everyday purchases.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 26.99%
• $0 foreign transaction fee. This card does not charge foreign transaction fees, which makes a great credit card to carry with you when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, price protection, travel accident insurance, travel assistance, and fraud protection.
• Fair or better credit required. You stand a chance of qualifying if your credit score is not below 640.

Capital One QuicksilverOne® Cash Rewards Pros and Cons:

The Good

The Bad

Multiple credit card perks. Offers auto rental collision damage waiver. Extended warranty and price protection on purchases. Travel accident and travel assistance insurance. No foreign transaction fee. Cardholders can earn rewards on every purchase. Earn rewards on every purchase. Capital One QuicksilverOne® Cash Rewards reports to multiple credit bureaus. Cardholders can earn rewards on their purchases.

Higher than average purchase APRs. Charges an annual fee of $39 Does not offer a signup bonus.

Is there a Capital One QuicksilverOne® Cash Rewards cash back or rewards program?

Capital One QuicksilverOne® Cash Rewards is a cashback card. This means you earn a percentage of your purchase as a cash reward. With Capital One QuicksilverOne® Cash Rewards you receive 1.5% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $15 back in cash.

Capital One QuicksilverOne® Cash Rewards Rewards

Rewards rate (all purchases)	1.5%
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A

What are the Capital One QuicksilverOne® Cash Rewards benefits?

Capital One QuicksilverOne® Cash Rewards provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Price Protection
• Free Credit Report.
• Travel Accident Insurance
• Free Credit Report
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Capital One QuicksilverOne® Cash Rewards?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Capital One QuicksilverOne® Cash Rewards has higher than average purchase APRs.

Capital One QuicksilverOne® Cash Rewards has a variable purchase APR of 26.99%. The card has a variable balance transfer APR of 26.99% . It also has a variable cash advance APR of 26.99% .

What are the fees for Capital One QuicksilverOne® Cash Rewards?

The following fees apply to Capital One QuicksilverOne® Cash Rewards:

Capital One QuicksilverOne® Cash Rewards Fees

Fees	Amount
Annual Fee	$39
Foreign Transaction Fee	0%
Late Payment Fee	up to $39

Does Capital One QuicksilverOne® Cash Rewards report your account activity to credit bureaus?

Capital One QuicksilverOne® Cash Rewards reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit.

How to apply for Capital One QuicksilverOne® Cash Rewards

• Visit the Capital One QuicksilverOne® Cash Rewards website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.