Capital One QuicksilverOne Cash Rewards Card Review

Who is the Capital One QuicksilverOne Cash Rewards Card for?

The Capital One QuicksilverOne Cash Rewards Card is convenient for people looking for a simple rewards program that covers a variety of needs, like travel and shopping. With no expiration or cap on rewards points, cardholders can earn 1.5% cash back on all purchases. This straightforward rewards program makes it easy for cardholders to earn rewards without having to keep track of various rewards categories.

This card is a good entry-level card for people looking to keep one card for their wallet, as this credit card gives rewards on all purchases. In addition, this credit card is good for cardholders looking to raise their credit score. After 6 months of using the card, Capital One automatically considers cardholders for an increased line of credit. This makes the QuicksilverOne Cash Rewards Card good for cardholders transitioning from secured card accounts to an unsecured account.

While this card does come with a $39 annual fee, the QuicksilverOne Cash Rewards Card has no foreign transaction fee and no balance transfer fee. So, cardholders looking to plan their next vacation getaway do not need to worry about running into large fees.

Lastly, this card offers many protections on travel and retail for cardholders. Whether this be extended warranty protection or travel accident insurance, cardholders are covered when traveling or shopping around the world.

Introductory Benefits

During the first 15 months that the account is open, cardholders can enjoy an introductory 0% purchase and balance transfer APR. This feature helps cardholders save money during the start of their Capital One account. The long introductory 0% APR is matched by few other credit cards, so if you are looking for a low-interest introductory offer, you should consider the Capital One QuicksilverOne Cash Rewards Card.

Rewards
The Capital One QuicksilverOne Cash Rewards Card offers a standard 1.5% cash back on all purchases. This is beneficial to all credit card owners as they don’t have to keep track of various spending categories nor their respective cash back rewards rate. In addition, there is not a cap on the amount that owners can earn through the rewards program. So, you can enjoy all the benefits of this card without ever needing to worry about reaching a limit on your rewards. This feature is especially beneficial for heavy shoppers, since they can spend and continue to get rewarded. 

Cardholders can redeem their rewards points for cash, to cover a recent purchase, or for a  gift card. Capital One’s flexible rewards policy makes it easy for consumers to earn rewards and redeem points in any way they choose. Rewards points never expire as long as the account is open, so cardholders do not need to worry about losing their hard-earned points after a certain period of time.

Benefits

A strong benefit of the Capital One QuicksilverOne Cash Rewards Card is that cardholders get free access to view their credit scores through the CreditWise program. CreditWise is available on the App Store and Google Play, so anyone with a phone can use this feature. Through CreditWise, cardholders can monitor their credit score, see the key factors that are affecting their credit score, and adjust their payment habits to ensure their credit score improves. For new credit card owners, the CreditWise program makes credit scores much easier to understand and monitor. This program also allows customers to simulate future payments to see how their credit score could change over time.

Six months after opening the account, Capital One automatically considers cardholders for a higher credit line. As such, cardholders do not need to worry about applying for more credit, since Capital One will do this on your behalf. With a higher credit line, cardholders have more flexibility to make large purchases and have more money available for emergency situations. Generally, if cardholders apply for a credit card and are denied, this lowers their credit score briefly. However, since Capital One automatically considers customers for a higher credit line, cardholders do not need to worry about damaging their credit score when applying for a bigger line of credit.

With no foreign transaction fees on the card, the Capital One QuicksilverOne Cash Rewards Card can be used anywhere around the world without incurring hefty fees. Frequent travelers will especially enjoy this benefit in addition to the many travel protections Capital One offers.

Services and Protections

As part of the Capital One program, cardholders have access to Eno, an AI-powered assistant. From answering any questions to monitoring suspicious account activity 24/7, cardholders are constantly protected from any suspicious activity online. Eno is available as a Google Chrome extension and provides text and email assistance. When shopping online, Eno can help Capital One cardholders generate a virtual card to protect credit card information. If a security breach occurs at any online merchant, cardholders are protected through Eno.

Through the Capital One mobile app, cardholders can also lock their card accounts with just a few taps on their phone. This makes it easy for cardholders to prevent any fraudulent activity from occurring if their credit card is lost or stolen. Cardholders also have access to 24/7 support and can get a card replacement and a cash advance in a timely fashion. 

When booking travel with the Capital One QuicksilverOne Cash Rewards Card, cardholders also have their expenses insured in case of an accident that occurs along the trip. So, whether cardholders experience canceled flights or weather problems, Capital One will cover any costs you face. 

Similarly, Capital One will cover any damages or thefts to car rentals purchased through the Capital One QuicksilverOne Cash Rewards Card. With this feature in mind, cardholders can rent cars without having to worry about expensive damages. 

Lastly, when purchasing a product with the QuicksilverOne Card, cardmembers can receive an extended warranty on eligible products. This protection ensures that cardholders can enjoy their products without fear of breaking the product after the warranty expires. 

Conclusion

The Capital One QuicksilverOne Cash Rewards Card is ideal for cardholders looking for a straightforward cash back rewards system that offers travel benefits and easy-access security features to cardholders. When shopping online, Capital One protects important card information, meaning that cardholders don’t need to worry about losing their personal information to security breaches. While this card does come with a $39 annual fee, this is outweighed by the 1.5% cash back earned on all purchases, no foreign transaction fee, and extensive protections offered by Capital One. For frequent travelers and new cardholders alike, the Capital One QuicksilverOne Cash Rewards Card is a great card to begin building your credit score and earn valuable rewards along the way.