Capital One Quicksilver Rewards Credit cards offer rewards to the customer on purchases. It is beneficial for the user as they can earn money as a reward in their account.
Apart from cashback or rewards, there are many benefits of the Capital One Credit Card which we will cover in detail.
The best cashback offers you can get on hotel and rental car booking with this credit card. Besides cashback, you can earn also cash-back rewards on every purchase and get an instant cash bonus.
So, it is a user-friendly rewards program and customers get all these benefits. And it has zero annual fees and doesn’t charge any foreign transaction fees either. Below, we have shared the top 29 benefits of this rewards credit card.
Benefits of Capital One Quicksilver cash rewards credit card
Capital One Quicksilver cash rewards credit card is a popular credit card that offers several benefits for users. The benefits are mentioned below check once:
| 1 | Card annual fees | There are no secret annual fees |
| 2 | Rewards by Capital One | Capital One credit card offers decent rewards on purchase |
| 3 | Foreign transaction fees | There is no foreign transaction fee |
| 4 | Introductory APR period | It offers an Intro APR period, it’s a limited-time offer, once is over, that standard APR will be applied. |
| 5 | Welcome cash bonus | One-time $200 cash bonus on purchases of $500 within 3 months |
| 6 | On hotel and car rental booking | 5% cash back on booking hotel and car rental |
| 7 | Cashback percentage | 1.5 % on every purchase |
| 8 | Rewards expiry date | No expiry date for rewards |
| 9 | Minimum Amount for Redemption | No minimum amount limits for redemption |
| 10 | Automatic redemption option | You can choose your rewards automatically when you reach a certain limit |
| 11 | Redeeming rewards Interface | Redeeming rewards Interface is user friendly |
| 12 | Earning opportunity | Unlimited earning opportunity |
| 13 | Sign up process | Very simple, it provides a pre-qualification tool |
| 14 | Redeem for cash back | You can redeem rewards by PayPal or Cheque at any time. |
| 15 | APR penalty | Capital One charges late fees, your APR will remain the same |
| 16 | Rental car protection | You have coverage for damages if something happens to your rental car. |
| 17 | Travel support services | With this credit card, you’ll get 24/7 support at no charge. |
| 18 | Warranty benefits | In all of your eligible purchases, you may qualify for an extended warranty. |
| 19 | Custom alert | You can set up custom alerts on each purchase |
| 20 | Fraud liability | You are free from unauthorized charges that are levied on your account or if your card is stolen |
| 21 | Add an authorized user | You can add an authorised user to your account by calling Capital One |
| 22 | Virtual Assistant | Eno (a virtual assistant) monitors your account and alerts you to suspicious activity |
| 23 | CreditWise tool | It is a free tool, you can monitor your credit score |
| 24 | Price protection | If you buy something and later the price drops, you will receive a refund for the price difference between the products purchased. |
| 25 | No purchase categories | There is no category of purchase to earn cash back |
| 26 | Card match tool | Capital One card match tool is an excellent tool for finding your rewards credit card offers |
| 27 | Mobile app | You can manage your account through the Capital One mobile app |
| 28 | Customer support | For any issues, you can contact Capital One via phone call |
| 29 | Account closing | You can close your account at any time by calling Capital One |
Annual and Foreign Transaction fees
The best part for you is that you do not have to pay any annual and foreign transaction fees for using this credit card. It’s free for you and you can purchase anything anywhere without paying any annual or foreign fees.
Cashback offer
This is one of the best credit cards because it offers a cash rewards program, where you will get 1.5% cash back on every purchase anywhere. Apart from, 1.5% cash back, it also offers 5% cash back on hotels and rental cars. You’ll always earn cash back when you shop anywhere in the day-to-day store.
Rewards expiry date and minimum threshold
As long as you are a cardholder, the cashback account will not expire, so you will be able to earn and spend the cashback without worrying about the expiry date. So, there is no expiry date for rewards and a minimum threshold amount for withdrawal. You can transfer your cash back through PayPal or Cheque.
Intro APR period
This is a good option if you want to pay off the purchases over a specified time period without accumulating monthly interest charges. It provides 0% intro APR on purchases for 15 months and 17.99% to 27.99% APR after the intro period ends.
Welcome cash bonus
If you’re a new cardholder, you earn a one-time $200 cash bonus after you spend $500 within 3 months. Capital One Quicksilver Cash Rewards Credit Card offers 1.5% Cash Back on every purchase.
Minimum redemption limit
No minimum redemption limits, which means you don’t need to wait until you reach a certain cash-back limit to access your rewards. You can avail of it at any time.
Fraud liability
You will not be responsible for any unauthorized charges made to your account, such as if your card is lost or stolen.
Price protection
Price Protection is valid for 120 days from the date of your purchase, and purchases must be made with your Capital One Quicksilver credit card. If you buy something and later the price drops, you will receive a refund for the price difference between the products purchased. There are claims limits, you can up to 4 claims per year and $250 per claim.
Check also:
FAQs
A: The minimum cashback is 1.5% for each purchase and 5% for hotel and car rentals.
A: It is a very simple and user-friendly interface. You can withdraw your cash back through PayPal or Cheque. You have to link your account with PayPal.
A: There is no annual fee for the Capital One credit card user.
A: Capital One does not charge any foreign transaction fees. It is absolutely free for the customer.
Conclusion
The Capital One Quicksilver Cash Rewards Credit Card is a popular card for its friendly interface, low maintenance and also offers good cash back. It has no annual fee and a 0% intro APR on purchases in a year, plus many other benefits and features. So it is one of the most attractive cards in the market for travellers or even general users as it offers 5% cash back on hotels and car rentals.
