Capital One QuicksilverOne® Cash Rewards Review

This 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 review will provide you with with all the details you need to make a good choice.

• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 26.99%
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, identity theft protection, price protection, travel accident insurance, travel assistance, trip cancellation insurance, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 640.

The Good	The Bad
Multiple credit card perks. Offers auto rental collision damage waiver. Extended warranty and price protection on purchases. Identity Theft Protection. Travel accident and travel assistance insurance. Trip cancellation insurance. No foreign transaction fee. Cardholders can earn rewards on their purchases. Capital One QuicksilverOne® Cash Rewards reports to multiple credit bureaus.	Higher than average purchase APRs. Charges an annual fee of $39 Does not offer a signup bonus.

Does Capital One QuicksilverOne® Cash Rewards have a cash back or rewards program?

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 1.5% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $15 back in cash.

Capital One QuicksilverOne® Cash Rewards Rewards

Minimum rewards rate	1.5x
Max rewards rate	N/A
Annual rewards limit	N/A

What are the Capital One QuicksilverOne® Cash Rewards benefits?

It provides the following benefits:

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

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

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. It has higher than average regular APRs.

It 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:

Capital One QuicksilverOne® Cash Rewards Fees

Fees	Amount
Annual Fee	$39
Foreign Transaction Fee	0%
Late Payment Fee	up to $40

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

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