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Capital One QuicksilverOne Cash Rewards Credit Card: Flat-Rate Rewards for People With Fair or Limited Credit

Build your credit while earning 1.5% cash back on every purchase, with boosted rewards for travel.

Capital One QuicksilverOne Cash Rewards Credit Card

5/10 CNET Rating CNET rates credit cards by comparing their offers to those of their categorical competitors. Each card is individually evaluated through a formula which reflects the standards and expectations of the contemporary market. Credit card issuers have no say or influence in our ratings. How we rate credit cards

At a glance

The Capital One QuicksilverOne Cash Rewards Credit Card* offers a flat 1.5% cash back for your purchases, but it carries a higher-than-average APR, making it especially important to avoid carrying a balance. It’s designed for lower or limited credit, so if you’re having trouble qualifying for other cards, this is one way to earn a return on your spending, while boosting your credit score.

CNET’S PICK
Capital One QuicksilverOne Cash Rewards Credit Card
Learn More

Capital One QuicksilverOne Cash Rewards Credit Card

5/10 CNET Rating CNET rates credit cards by comparing their offers to those of their categorical competitors. Each card is individually evaluated through a formula which reflects the standards and expectations of the contemporary market. Credit card issuers have no say or influence in our ratings. How we rate credit cards
Intro Offer
No current offer
Annual fee
$39
APR
29.99% (Variable)
Rewards rate
1.5% – 5% Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you’ll get Capital One’s best prices on thousands of trip options. Terms apply; Earn unlimited 1.5% cash back on every purchase, every day
Rewards Rate
5%
Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you’ll get Capital One’s best prices on thousands of trip options. Terms apply
1.5%
Earn unlimited 1.5% cash back on every purchase, every day

Our take

The Capital One QuicksilverOne Cash Rewards Credit Card* -- which earns 1.5% cash back for every purchase -- makes a great option for anyone with lower credit or a limited credit history. The rewards and perks provide more than other credit-building rewards cards.

As a cash rewards credit card, the Capital One QuicksilverOne Cash Rewards Credit Card has some favorable benefits to offer. But it does carry a high annual percentage rate of 29.99% variable, so avoid carrying a balance if you can.

Pros

  • 1.5% cash back for all purchases

  • Build credit through on-time payments

  • Recommended for fair credit

Cons

  • High APR

  • Annual fee

Rewards

The Capital One QuicksilverOne earns 1.5% cash back for every purchase, with a higher rate of 5% cash back for hotels and rental cars booked through Capital One Travel. It’s a good choice to earn straightforward rewards on everyday spending, without having to navigate rotating or tiered reward categories..

Some additional things to know about how rewards work with this card include:

  • Your rewards never expire unless you cancel your credit card.
  • There is no limit to how much you can earn in rewards.
  • Cash back rewards can be redeemed as a statement credit or paper check.
  • You can set up automatic payouts of your rewards by time of year or when the rewards reach a certain amount.

Interest rate and fees

The current APR for purchase, balance transfers, and cash advances is 29.99% variable. 

There are a few fees to be aware of with this credit card:

  • Annual fee: $39
  • Balance transfer fee: No balance transfer fee for balances transferred at the transfer APR; 4% of the transfer amount for transfers made with a promotional APR that Capital One may offer you
  • Cash advance fee: 5% of the amount of the cash advance, but not less than $5
  • Late payment fee: Up to $40

However, like all Capital One cards, you won’t have to worry about paying any foreign transaction fees with this credit card. 

Additional card perks

Besides cash rewards, the Capital One QuicksilverOne Credit Card has some other perks that you may find enticing: 

  • Complimentary Uber One Membership: You can receive a refund via a statement credit for your Uber One monthly membership if you pay with your Capital One QuicksilverOne Credit Card. The offer is valid for any six consecutive months between now and Nov. 14, 2024.
  • Free credit report and alerts: With CreditWise from Capital One you can get a free credit report, and you can sign up to get alerts when your credit score changes. This benefit is free for everyone, not just Capital One cardholders.
  • Emergency card replacement: Sometimes cards get lost or stolen. If you lose your card and need a replacement quickly, you can get an emergency card replacement.
  • Customer service available 24/7: If you have any issues with your card, you can contact its customer service team any day, any time. 
  • $0 fraud liability: When a card gets lost or stolen, any unauthorized charges made won’t be your responsibility. 

Alternative cards

Petal® 2 “Cash Back, No Fees” Visa® Credit Card

The Petal 2 Cash Back card, issued by WebBank, is a potentially rewarding option if you have limited credit. 

With a 18.24% to 32.24% variable APR and no annual fee, this card could end up having better terms than the QuicksilverOne. It also matches the QuicksilverOne’s earning potential after one year, boosting its 1% cash back rewards on eligible purchases to 1.5% so long as you make 12 on-time monthly payments. You may also earn 2% to 10% cash back with select merchants and eligible small businesses.

Discover it® Secured Credit Card

The Discover it Secured Credit Card* is a secured card, which means it requires a deposit to fund the card’s starting credit line. This type of card is best if you have poor credit or no credit history, and can be used as a tool to rebuild your credit, with responsible use. 

In addition to its credit-building capability, it also earns rewards. The Discover it Secured Credit Card earns 2% cash back on all gas station and restaurant purchases (up to $1,000 in combined purchases per quarter then 1%) and 1% cash back for everything else. Plus, Discover will essentially double any cash back you earn at the end of your first year of having the card. 
You can read more in our Discover it Secured Credit Card review.

CNET’S PICK
Capital One QuicksilverOne Cash Rewards Credit Card
Learn More

Capital One QuicksilverOne Cash Rewards Credit Card

5/10 CNET Rating CNET rates credit cards by comparing their offers to those of their categorical competitors. Each card is individually evaluated through a formula which reflects the standards and expectations of the contemporary market. Credit card issuers have no say or influence in our ratings. How we rate credit cards
Intro Offer
No current offer
Annual fee
$39
APR
29.99% (Variable)
Intro Purchase APR
N/A
Rewards rate
1.5% – 5% Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you’ll get Capital One’s best prices on thousands of trip options. Terms apply; Earn unlimited 1.5% cash back on every purchase, every day
Petal® 2

Petal® 2 “Cash Back, No Fees” Visa® Credit Card

9/10 CNET Rating CNET rates credit cards by comparing their offers to those of their categorical competitors. Each card is individually evaluated through a formula which reflects the standards and expectations of the contemporary market. Credit card issuers have no say or influence in our ratings. How we rate credit cards
Intro Offer
No current offer
Annual fee
$0
APR
18.24% – 32.24% (Variable)
Intro Purchase APR
N/A
Rewards rate
1% – 1.5% Up to 1.5% cash back on eligible purchases after making 12 on-time monthly payments.; 1% cash back on eligible purchases right away.
Discover it® Secured Credit Card
Learn More

Discover it® Secured Credit Card

8/10 CNET Rating CNET rates credit cards by comparing their offers to those of their categorical competitors. Each card is individually evaluated through a formula which reflects the standards and expectations of the contemporary market. Credit card issuers have no say or influence in our ratings. How we rate credit cards
Intro Offer
Cashback Match™ Intro Offer: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. Just a dollar-for-dollar match.
Annual fee
$0
APR
28.24% Variable APR
Intro Purchase APR
N/A
Rewards rate
1% – 2% Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter.; Earn unlimited 1% cash back on all other purchases – automatically.

FAQs

A cash reward credit card is a credit card that rewards you for spending money. You typically earn a percentage of what you spent back as a cash reward. With some cards the percentage you earn is higher for certain categories, like travel or restaurants.

Cash back typically has fewer redemption options but is usually always worth 1 cent. Points tend to have more redemption options and the per-point value can vary depending on how points are redeemed.

The simplest way to build credit is to make all of your required credit payments on time, whether it be for a credit card, student loan, auto loan or mortgage. It’s also important to keep your credit utilization low and not apply for multiple credit accounts at once to avoid numerous hard credit checks.

*All information about the Capital One QuicksilverOne Cash Rewards Credit Card and the Discover it Secured Credit Card has been collected independently by CNET and has not been reviewed by the issuer.

The editorial content on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or services offered by our partners.

Emma Woodward is a personal finance writer with a passion for simplifying tricky financial concepts. She has covered loans, budgeting and credit cards for Bankrate, The Financial Diet, Finch, Gusto and Human Interest. When she's not helping you balance your budget, you can find her writing about real estate, food and restaurant tech.