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If you have less than perfect credit, the Capital One®QuickSilverOne® allows you to take advantage of the same perks, benefits, and purchasing power granted to those with an excellent perfect credit history.If you are building or rebuilding your credit profile, we think you should consider the QuickSilverOne cash back rewards card for your wallet.
The only distinctions between the QuickSilverOne card and theQuickSilvercash rewards card are:
QuickSilverOne comes with a $39 annual fee
QuicksilverOne is available to those with average or limited credit.
In our opinion, a $39 annual fee for a rewards credit card as generous as the QuickSilverOne card for consumers with average credit is a great deal.
The QuickSilverOne cash back rewards program is quite simple:
Earn 1.5% Cash Back on all spending.
Rewards are not capped.
Rewards never expire.
There are no minimum thresholds required for redemption.
You can redeem your rewards at any time.
Unlike many rewards cards available today, there are no rotating bonus categories that require opting in every few months to get higher rewards.
CapitalOne also offers these great benefits:
Access to theCredit Steps program- you can earn a higher credit line after making your first 5 payments on time.
Introductory 0% APR offer on new purchases and balance transfers (and no transfer fee will apply to transfers made in the first 60 days)
Access to your credit score every month
Ability to choose your own monthly due date
Extended warranty protection
Car rental insurance
Travel accident insurance
Price protection, which reimburses you the difference in price on eligible items should you find a lower price for the same item within 60 days from the date of purchase
24/7 Roadside assistance
24/7 Travel assistance
Looking to Apply for a Credit Steps Card from Capital One®?
Follow the Link Below to Compare Eligible Cards and Apply onCreditSoup®.
The fees, charges and interest rates associates with the QuickSilverOne MasterCard from CapitalOne are:
Charges and Fees
APR for Purchases
Your APR will be 24.99%.This APR will vary with the market based on the Prime Rate plus 19.65%.
APR for Balance Transfers
Your APR will be 24.99%.This APR will vary with the market based on the Prime Rate plus 19.65%.
APR for Cash Advances
24.99%.This APR will vary with the market based on the Prime Rate plus 19.65%.
Penalty APR
Not applicable.
Annual Fee
$39
Balance Transfer Fee
None
Cash Advance Fee
Greater of $10 or 3% of the amount of each cash advance
Late Payment Fee
Up to $35.
Returned Payment
Not disclosed.
What Credit Score Do I Need to Qualify?
CapitalOne describes the QuickSilverOne card as being for consumers with average credit scores.
They describe anaveragecredit score to mean you may have had a few bumps in the road to building, or rebuilding your credit history.You have an average score if you are someone who has defaulted on a loan, credit card, or other obligation in the past 5 years and/or someone with a short credit history.There is nothing wrong with average, and a QuickSilver One card can help you continue building a strong, positive, credit history.
We think it is fair to say that this QuickSilverOne is for consumer with limited, fair, or average credit who are looking to build or rebuild their credit scores.
For more information on understanding your credit score, and how to find it out, please reviewthis article.
Conclusion
The Capital One QuickSilverOne is a top cash back rewards card for consumers looking to build or rebuild their credit.And it is one the best credit cards - period - if you have limited, fair, or average credit.
A Cash Back Card for Everyone
With its combination of a low annual fee, generous and easy rewards program, and 0% introductory APR, we can recommend highly recommend the QuickSilverOne credit card.
The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author's alone. Additionally, the opinions of the commenters are not necessarily the opinions of this site
