Quicksilver Secured Rewards from Capital One

Quicksilver Secured Rewards from Capital One Review

This is a secured credit card rewards card issued by Capital One. If you're wondering whether Capital One Quicksilver secured is the right card for you, read on.

Key Takeaways

• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 29.99%
• No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. Quicksilver Secured Rewards from Capital One charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees.
• Secured card. This card requires a refundable deposit before you qualify for a line of credit. These cards are often used to improve the credit of people with poor credit or little credit history.
• Multiple credit card benefits. Includes generous credit card perks, such as emergency support, extended warranty protection on purchases, identity theft protection, price protection, purchase protection, travel accident insurance, travel assistance, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 580.

Pros & Cons of Capital One Quicksilver secured

The Good	The Bad
No annual fee. Multiple credit card perks. Extended warranty and price protection on purchases. Identity Theft Protection. Travel accident and travel assistance insurance. Considers applicants with fair credit. Cardholders can earn rewards on their purchases. Quicksilver Secured Rewards from Capital One reports to multiple credit bureaus.	Higher than average purchase APRs. Does not offer a signup bonus. Charges a 3% balance transfer fee.

Capital One Quicksilver secured FAQ

Does Capital One Quicksilver secured have a cash back or rewards program?

Capital One Quicksilver secured is a rewards card.

Capital One Quicksilver secured Rewards

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

What are the Capital One Quicksilver secured benefits?

It provides the following benefits:

• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Price Protection
• Travel Accident Insurance
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Capital One Quicksilver secured?

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

Quicksilver Secured Rewards from Capital One has a variable purchase APR of 29.99%. The card has a variable balance transfer APR of 29.99% . It also has a variable cash advance APR of 29.99% .

What are the fees for Capital One Quicksilver secured?

The following fees apply:

Capital One Quicksilver secured Fees

Fees	Amount
Annual Fee	$0
Late Payment Fee	up to $40

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost rewards card.

Does Quicksilver Secured Rewards from Capital One report your account activity to credit bureaus?

Yes, Quicksilver Secured Rewards from Capital One 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 Quicksilver secured

• Visit the Capital One Quicksilver secured 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.