There’s also no minimum redemption amount - all you have to do is sign in to your account via the app or your computer and simply select your preference. You can redeem cash back earned on the Capital One Quicksilver as a statement credit, check or gift card, or you can apply it directly to a specific charge you on your statement and cover it that way.
QUICKSILVER CREDIT CARD HOW TO
Related: The best credit cards for dining rewards How to redeem cash back However, if you make a great number of purchases each month in one particular category - such as dining or groceries - then you’ll likely want to consider a card that has that fields bonus earning in that category. If you don’t have one category of high spending, then it’s fine to earn the same amount on all purchases. There’s nothing special when it comes to earning cash back on the Capital One Quicksilver, merely a flat 1.5% on all purchases with no bonus categories. How to earn cash back (Photo by dolgachov/Getty Images) Exclusive culinary experiences, sports and music events through Capital One Access.24-hour travel assistance services if your credit card is lost or stolen.That’s a perk that, while now nearly universal on credit cards with annual fees, is a little rarer on no-annual-fee cards. However, the Quicksilver does include some benefits, such as charging no foreign transaction fees. The Capital One Quicksilver isn’t the card to get if you want perks such as lounge access or travel credits, which are more often included with premium credit cards. (Photo by KDR In-Focus Productions/Shutterstock) Related: 13 cards currently offering sign-up bonuses of 100,000 points or more Main benefits and perks The Quicksilver card comes with Capital One Access to culinary events. But compared to the best travel credit cards, which can offer sign-up bonuses worth thousands of dollars, this $200 is just some extra cash in your pocket. That’s typical for cash-back cards with no annual fee, and it has the advantage of a low spending requirement that most people should be able to meet without too much effort. Sign-up bonusĬapital One is currently offering Quicksilver Cash Rewards cardholders a $200 cash bonus after spending $500 on purchases within the first three months of account opening. However, you can likely improve on the Quicksilver’s earning rate, as we’ll see shortly. If you don’t use bonus spending categories such dining, entertainment and groceries, or you prefer not to juggle cards when you’re out and about, then you should at least be earning more than 1% cash back on all spending. The Capital One Quicksilver is best for people who use one card for everything because it has a simple, flat 1.5% cash-back earning rate. Who is this card for? (Photo by The Points Guy)
Get points and miles coverage like this delivered to your inbox by signing up for the TPG daily newsletter. Quicksilver’s simple earning structure may be appealing, but what makes it even more so is the ability to convert the cash back you earn on it into miles with the Capital One Venture Rewards Credit Card (if you have that card as well), which can then be redeemed on 16 airline and three hotel transfer partners. The Capital One Quicksilver Cash Rewards Credit Card may slightly outpace the perks of other cash-back cards with its respectable sign-up bonus and no annual fee - but it also requires an excellent credit rating from its applicants and has a few drawbacks worth pointing out.
Card Rating*: ⭐⭐⭐½ *Card Rating is based on the opinion of TPG’s editors and is not influenced by the card issuer.
However, the Quicksilver’s rewards aren’t quite as flexible as those of some of its competitors, so if you plan to expand your card portfolio at some point, then you may want to consider a different card. This card earns a flat rate of 1.5% cash back on all purchases, which is easily redeemable and requires no minimum. The Capital One Quicksilver Cash Rewards Credit Card is a good card for those who prefer to keep their rewards simple. Editor’s note: This post has been updated with the latest credit card information.Ĭapital One Quicksilver Cash Rewards Credit Card Overview
0 kommentar(er)
