February 14, 2025: The Capital One Quicksilver Cash Rewards Credit Card offers no-nonsense cash back rewards on every purchase with no annual fee. It can be a good choice as a “use everywhere” card thanks to its uncommonly good suite of benefits.
Our review of the Capital One Quicksilver Cash Rewards Credit Card
Cards and Points Rating: 4.0/5.0
Read more about our star ratings.
The Capital One Quicksilver Cash Rewards Credit Card is a 1.5% cash back everywhere card with no annual fee. That might not sound terribly compelling when there are cards that give you 2% cash back everywhere, but the Quicksilver has some tricks up its sleeve.
Like all Capital One cards, the Quicksilver has no foreign transaction fees, making it ideal for use abroad. And although Capital One doesn’t market the card’s benefits, the version you’ll be approved for with excellent credit has a relatively excellent set of benefits. It comes with the basics—extended warranty and purchase assurance—but also includes some uncommon benefits like Price Protection and several travel insurance protections.
In our view, the biggest downside of the card is that you won’t actually know what benefits you’ll get until you have the card—Capital One publishes its guides to benefits, but you won’t find out which version of the card you got until it shows up in the mail.
Likes
- 1.5% cash back everywhere.
- Purchase assurance, price protection, and extended warranty.
- Travel insurance benefits.
- Points can transfer to your Capital One Miles cards.
Dislikes
- You won’t know what version of the card you’ll get until you receive it.
- Other 1.5% everywhere cards have some bonus categories.
Capital One Quicksilver Cash Rewards Credit Card sign-up bonus: Easy cash bonus
Annual fee: $0
Best sign-up bonus: Earn a one-time $300 cash bonus once you spend $500 on purchases within 3 months from account opening.
Learn how to apply..
This bonus is earned as cash bonus.
Capital One Quicksilver Cash Rewards Credit Card at a glance
Annual fee: $0
Foreign transaction fee: None
All information about the Capital One Quicksilver Cash Rewards Credit Card has been collected independently by cardsandpoints.com.
A 1.5% cash back everywhere card with a relatively strong set of benefits, for a no-annual-fee card.
Sign-up bonus
Best sign-up bonus: Earn a one-time $300 cash bonus once you spend $500 on purchases within 3 months from account opening.
Learn how to apply..
This bonus is earned as cash bonus.
Rewards
- 5% cash back on hotels and rental cars booked through Capital One Travel.
- 1.5% on every other purchase.
Rewards are earned as cash back, but can be converted to Capital One Miles if you have a card that earns miles.
Benefits
Capital One offers several variants of the Quicksilver Rewards card. These benefits are specific to the Quicksilver Rewards card, designed for consumers with excellent credit. If you are issued a different version of this card, you may have different benefits.
Consumer insurance benefits
- Purchase Assurance.
- Price Protection.
- Extended Warranty.
- Mastercard ID Theft Protection™.
- Identity Fraud Expense Reimbursement.
Travel insurance benefits
- Travel Assistance Services
- MasterRental Coverage.
- Worldwide Automatic Travel Accident Insurance.
- Baggage Delay Insurance.
- Trip Cancellation/Interruption Insurance.
- Lost or Damaged Luggage Insurance.
Partner benefits and statement credits
- 50% off Handcrafted Beverages at the Capital One Cafe.
- Capital One Entertainment.
Who is the Capital One Quicksilver Cash Rewards Credit Card best for?
The Capital One Quicksilver Cash Rewards Credit Card is best for the person who travels internationally and value having a card with no foreign transaction fees and no annual fee. Here’s who will benefit most from the Quicksilver:
- International travelers. Thanks to the card having no foreign transaction fee, it’s an ideal no-annual-fee card to use for international travel. The card also has quite good travel insurance benefits for a card with no annual fee.
- People who value extended warranty benefits. The Mastercard warranty coverage included with the card will double the warranty of eligible items, up to two additional years—a year longer than most other credit card extended warranty benefits.
Alternatives to the Quicksilver Cash Rewards Credit Card
If you’re looking at the Quicksilver Cash Rewards Credit Card because you like earning rewards on all of your spending, here are a few other cards to consider:
- The Chase Freedom Unlimited® matches the Quicksilver’s 1.5% cash back rewards everywhere, but adds 3% rewards on dining and drugstores. The Freedom Unlimited will likely earn you more rewards, but the card does charge a foreign transaction fee.
- The Capital One SavorOne Cash Rewards Credit Card also has no foreign transaction fee but awards 3% cash back on dining, entertainment, popular streaming services and grocery stores. If your spending tends toward these categories, this card might be a good option.
- The TD Double Up℠ Credit Card offers a flat-rate 2% cash back on all purchases and protects purchases with extended warranty and purchase protection. You’ll pay a foreign transaction fee when you use the card abroad, but it is one of the best 2% rewards cards.
Capital One Quicksilver Cash Rewards Card rewards
The Quicksilver Rewards card from Capital One offers unlimited 1.5% cash back rewards on every purchase. Rewards don’t expire and can be redeemed for a statement credit or a check sent to your address. Better yet, you don’t have to accumulate rewards to redeem them; you can redeem rewards in any amount, down to $0.01.
Capital One offers a number of other redemption options, but none of them offer an opportunity to get more value out of your rewards points; stick with cash back redemptions.
Benefits of the Capital One Quicksilver Cash Rewards Credit Card
Capital One doesn’t readily advertise the benefits of many of its cards, but even some of its no-annual-fee cards offer a robust set of benefits that can protect the things you buy and your travels booked with the card. Here are the benefit highlights of the Capital One Quicksilver Cash Rewards Credit Card.
Terms apply to all benefits. Refer to the Guide to Benefits you receive with your card for details.
Consumer and purchase insurance benefits
Many cards offer consumer insurance benefits that can protect the things you buy. Here are the consumer insurance benefits offered by the Capital One Quicksilver Cash Rewards Credit Card. Terms and restrictions apply to all benefits.
Purchase assistance protects the things you buy with your card from damage or theft for a certain amount of time after you buy them. Capital One purchase assistance covers your new purchases for 90 days against damage or theft.
Price protection can reimburse you for the difference when you find an eligible item you purchased using your card advertised at a lower price. Capital One price protection covers purchases for 120 days from the date of purchase and allows up to 4 claims of up to $250 per claim per 12 month period.
Extended warranty provides additional warranty coverage on items you purchase with your card. Capital One extended warranty protection doubles your manufacturer’s warranty, up to 24 months, on eligible warranties of 24 months or less.
Travel insurance benefits
Cards targeted toward travelers often offer travel insurance benefits that can protect you when you are traveling away from home. Terms and restrictions apply to all benefits.
MasterRental Coverage protects you against damage to or theft of your rental vehicle. For coverage to apply, you need to reserve and pay for your vehicle using your card and decline your car rental company’s collision damage waiver. The coverage provided by your Capital One card is secondary to your personal auto insurance.
Baggage Delay Insurance – Reimburses you for essential purchases like toiletries and clothing for baggage delays over 4 hours by your passenger carrier up to $100 a day for 3 days.
Trip cancellation and interruption insurance can reimburse you for prepaid travel expenses when your trip is canceled or interrupted for a covered reason. Capital One trip cancellation and interruption insurance covers up to $1,500 for common carrier passenger fares.
Lost luggage reimbursement offers reimbursement if your bags are lost, damaged or stolen while traveling on a common carrier. Coverage is included up to $1,500 per incident with a maximum of 2 claims per 12 month period.
Travel accident insurance pays set benefit amounts for loss of life or limb while traveling, as long as you book your common carrier tickets with your card. See your card’s Guide to Benefits for insurance coverages and amounts.
Bottom line: Excellent benefits on a 1.5% everywhere card
When the Capital One Quicksilver Cash Rewards Credit Card launched, its 1.5% cash back everywhere was market-leading. In a world where there are several 2% cash back credit cards floating around, the cash back has lost its luster slightly. But the card’s benefits are impressive, besting many other no-annual-fee cards for both consumer and travel insurance protections.
