����ֱ��

The Capital One QuicksilverOne Cash Rewards Credit Card * The information for the Capital One QuicksilverOne Cash Rewards Credit Card has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer. lets people with imperfect credit earn rewards, but the card’s annual fee makes it less appealing for those with good enough credit to qualify for a better card. 

Capital One QuicksilverOne basics

• Annual fee: $39.
• Welcome bonus: None.
• Rewards: 1.5% cash back on every purchase and 5% cash back on hotels and rental cars booked through Capital One Travel.
• APR: 29.99% variable APR on purchases and balance transfers.
• Other perks and benefits: Complimentary Uber One membership for up to six months; free VantageScore credit score access through CreditWise; lock your card in the Capital One mobile app if you lose or misplace it.
• Does the issuer offer a preapproval tool? Yes.
• Recommended credit score: Fair.

About the Capital One QuicksilverOne

The Capital One QuicksilverOne card is accessible to those with fair credit, which generally means a FICO Score ranging from 580 to 669. What makes this card particularly appealing to those who fall into that category is that it earns an unlimited flat rate of cash back. This means people with imperfect credit get the chance to build credit while earning rewards.

However, the Capital One QuicksilverOne has one major catch: It charges a $39 annual fee. You’ll have to spend $2,600 on the card each to earn enough back in rewards to break even with that annual carrying cost. Consumers with good or better credit can likely qualify for a card with no annual fee that earns 1.5% or even 2% cash back on every purchase.

The QuicksilverOne has a few other perks including up to six months of complimentary Uber One membership (valued at $9.99 per month) and no foreign transaction fees. Cardholders who can only qualify for a low credit limit at first may also like the fact Capital One automatically checks to see if customers are eligible for a higher credit limit after the first six months.

Pros

• Get approved with fair credit: This card is geared to individuals with fair credit, typically meaning FICO scores running from 580 to 669. 
• Preapproval tool: Capital One lets you see if you’re preapproved for this card online without a hard inquiry on your credit report. Preapproval won’t guarantee that you get the card, but it does indicate you have a solid chance of success.
• Simple rewards structure: Earning a flat cash-back rate on all purchases helps you keep your rewards game simple, and there are several redemption options to choose from. You can take your cash back as a check or statement credit, use it to cover past purchases or redeem for gift cards from a variety of merchants.
• No foreign transaction fees: Some cards charge foreign transaction fees around 3% of each transaction. However, the QuicksilverOne won’t tack on such fees if you use it for purchases abroad, making it a solid choice to take with you when traveling.

Cons

• A $39 annual fee applies: You’ll need to spend at least $2,600 on this card each year to earn enough in rewards to make up for the $39 annual fee.
• Few cardholder benefits: Other than up to six months of Uber One membership, this card offers very little in the way of noteworthy perks.
• High interest rate: One major downside of the QuicksilverOne is its sky-high APR for purchases and lack of an introductory 0% APR offer. If you carry a balance on this card, you’ll pay 29.99% variable APR on purchases and balance transfers. That said, we always recommend paying your card off in full each month when possible, which typically lets you avoid interest charges thanks to your credit card’s .
• Potential for low starting credit limit: While Capital One may give you a higher credit limit after six months, your starting limit will likely be on the low side.

Rewards

While the Capital One QuicksilverOne does not give new applicants the chance to earn a welcome bonus, it does offer 1.5% cash back on every purchase and 5% cash back on hotels and rental cars booked through Capital One Travel.

Rewards are fairly flexible and can be redeemed for cash back, statement credits or gift cards depending on your preferences.

Using government data and other publicly available information, we estimate that a household in the U.S. that might be in the market for this card has an annual income of $84,352 and $25,087 in expenses they could charge to a credit card.

SPENDING CATEGORY	SPENDING AMOUNT	CASH-BACK RATE	CASH-BACK EARNED
Hotels and rental cars booked through Capital One Travel	$1,753	5%	$87.65
All other spending	$23,334	1.50%	$350.01
TOTAL	$25,087		$437.66

See MoreSee Less

In this scenario, our sample household with the Capital One QuicksilverOne could expect to earn $437.66 in rewards over the course of 12 months. After subtracting the $39 annual fee, that’s $398.66 in net cash back earned.

How the Capital One QuicksilverOne compares to other rewards credit cards

Capital One QuicksilverOne vs. Capital One Quicksilver Cash Rewards Credit Card * The information for the Capital One Quicksilver Cash Rewards Credit Card has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer.

If your credit score is better than the fair credit range — that is to say, you have a FICO Score over 670 — you may want to consider the Capital One Quicksilver instead. 

The Quicksilver doesn’t charge an annual fee, and offers the same rewards structure as the QuicksilverOne: 1.5% cash back on purchases and 5% cash back on hotels and rental cars booked through Capital One Travel.

Cardholders can even earn a $200 cash bonus after spending $500 on purchases within the first three months of account opening, and a 0% intro APR on purchases and balance transfers for 15 months, then a 19.99% to 29.99% variable APR. There is a 3% fee on each balance transfer in the first 15 months but no fee for amounts transferred at the purchase APR after the first 15 months.

The Quicksilver is clearly the better card, as long as you have good enough credit to qualify for it.

Curious how high a credit score can go? ������’s what the highest credit score is.

Capital One QuicksilverOne vs. Upgrade Cash Rewards Visa®

If your credit score is in the fair range you may also want to consider the Upgrade Cash Rewards Visa to your list. There’s no annual fee and you get 1.5% cash back on all purchases when they're paid back. You can also earn a $200 bonus after opening a Rewards Checking account and making 3 debit card transactions within 60 days.

What’s unique about the Upgrade Cash Rewards card is that rather than allowing you to revolve a balance like a traditional credit card, the Upgrade card requires fixed monthly payments which can help keep you on track with payments and not let a balance balloon to an unmanageable amount. But if your credit is better than OK, you can qualify for a better cash-back card than this one.

Capital One QuicksilverOne vs. Bank of America® Unlimited Cash Rewards Secured credit card * The information for the Bank of America® Unlimited Cash Rewards Secured credit card has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer.

If you’re just starting to build credit or you’re rebuilding damaged credit, you might be better off with a secured credit card that offers you a line of credit equal to your upfront security deposit and earns rewards, too. The Bank of America® Unlimited Cash Rewards Secured credit card * The information for the Bank of America® Unlimited Cash Rewards Secured credit card has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer. fits the bill as it earns 1.5% cash back on all purchases and doesn’t charge an annual fee. 

With no annual fee, you could actually end up saving money with the Bank of America Unlimited Cash Rewards Secured card, assuming you keep your card long term. It requires a minimum security deposit of $200 — but that deposit is refundable if you pay your card off in full and close the account or if the issuer evaluates your account and upgrades you to an unsecured card.

If you don’t qualify for the Capital One QuicksilverOne, or if you don’t want to pay the QuicksilverOne’s $39 annual fee, this Bank of America card is a good alternative.

Should you get the Capital One QuicksilverOne?

The Capital One QuicksilverOne is worth considering if you have fair credit and you want to earn rewards while you build positive credit habits. However, the $39 yearly fee is a major drawback for anyone who has good enough credit to qualify for a no-annual-fee rewards card.

In short, the QuicksilverOne is a decent card for specific needs. But it’s not one you’ll want to keep once your credit improves and you’re able to obtain a better card. Those seeking to repair their credit may also wish to consider our list of best cards for rebuilding your credit score. 

Capital One QuicksilverOne summary

CAPITAL ONE QUICKSILVERONE DETAILS
Annual fee	$39
Rewards	1.5% cash back on every purchase and 5% cash back on hotels and rental cars booked through Capital One Travel
APR	29.99% variable APR on purchases and balance transfers
Foreign transaction fees	None
Major benefits	Complimentary Uber One membership for up to six months; free VantageScore credit score access through CreditWise; lock your card in the Capital One mobile app if you lose or mispla

See MoreSee Less

Frequently asked questions (FAQs)