With the Capital One Quicksilver Credit Card, you may get a $200 cash bonus after purchasing $500 within the first three months of creating your account, and there is no annual fee. What type of benefits do you get with capital one quick silver? As a bonus, new customers may take advantage of 15 months of zero percent interest on all transactions.
This is one of the few cash-back credit cards that doesn't charge a fee for making purchases in a foreign country, so it's something to consider packing on your next trip.
Unique Capital One Quicksilver Credit Card Offer
What are the benefits of capital one quicksilver? As if you establish an account and spend $500 in the first three months, you'll get a cash incentive of $200. To get the bonus, you need to use the card for purchases totaling just $167 on average each month for the first three months you use it. Even if you aren't an oversized shopper, you should be able to keep up with that rate.
Specifics On How To Get Rewards
All purchases, regardless of amount, receive 1.5% cash back for cardholders. One positive aspect is that it removes the incentive to prioritize certain expenditures over others to maximize reward earnings. On the other hand, it precludes the possibility of earning more than 1.5% in rewards on high-spending categories.
How To Claim Your Rewards
Do I have 30 days to pay the benefits of capital one quick saver? You may cash out your benefits or rewards through a paper check, a statement credit (either in its whole or applied to a single transaction), or a gift card. Your tips will be valid indefinitely if your account is active. However, there is no minimum cash-out requirement, so you may withdraw your bonuses whenever you choose.
Gaining the Most Benefits Possible
The easiest way to maximize benefits with the Capital One Quicksilver, which does not provide additional rewards rates, is to use the card often. However, because this card's flat rate is smaller than the cashback % for some other cards, be wary if a retailer charges more to use a credit card, as do certain petrol stations, for example.
If the difference between the credit card and the cash price is more than your reward amount of 1.5%, you may pay in cash or with a debit card instead. Because of this, you are using this card to make purchases won't cost you any more money.
Impact on Cardholders
In the J.D. Power 2021 U.S. Credit Card Satisfaction Study, Capital One placed third out of eleven national card issuers and received an above-average score.
Your VantageScore credit score is accessible through the card issuer's CreditWise function. However, anybody may use this service, not only cardholders. The vast majority of lenders utilize the FICO credit score, and many card issuers provide you free access to this number.
Customer assistance is available 24/7 at Capital One. However, unlike virtually all other card issuers, access is exclusive via phone or physical mail; no email or online chat alternatives are given. You may also manage your account using Capital One's mobile app, ranked third out of ten in the J.D. Power 2021 U.S. Credit Card Mobile App Satisfaction Study.
Security Features
Several Capital One security features aren't the norm in the financial services sector. Capital One is one of the few issuers that allows you to temporarily freeze your card on a mobile app if you lose it.
However, this feature is now offered by the vast majority of issuers. For added security, Capital One lets you generate a virtual number linked to your account while making online purchases. Each website you visit can have its own unique virtual card number, and you can lock and unlock these numbers at will.
Conclusion
The Capital One Quicksilver Credit Card is the way to go for those who like to keep their financial life uncomplicated. Due to the card's fixed rewards structure, you can easily keep track of your earnings with every purchase.
If you pay your amount in full each month, you won't be charged interest, and the incentives you receive will be pure profits with no offsetting expenditures because there is no annual fee.
The card's excellent introductory 0% APR deal on purchases is a plus if you're also trying to save money on interest. But if this is a must-have for you, you should look elsewhere. Compared to the 15 months of 0% APR on purchases given by Capital One Quicksilver, a few alternative cards may be preferable.
