12 Benefits of the Capital One Quicksilver - NerdWallet (2024)

You don’t have to track rewards categories, spending limits or redemption thresholds with this $0-annual-fee card. It works well solo as a go-to option for all purchases, and it pairs well with other credit cards that offer higher rewards in popular spending categories.

Here are the benefits of the Capital One Quicksilver Cash Rewards Credit Card.

Straightforward rewards

1. 1.5% back on everything

Wherever you use the Capital One Quicksilver Cash Rewards Credit Card, you’ll earn a solid industry-standard rate of 1.5% cash back on all purchases. The rewards can add up quickly if you use the card for most purchases, and you can redeem them at any amount. Rewards redeem for cash back, statement credit or gift cards, and they don’t expire as long as your account is open and active.

Introductory incentives

The Capital One Quicksilver Cash Rewards Credit Card has solid welcome offers that could help offset the cost of your purchases.

2. A sign-up bonus for new cardholders

You don’t have to be a big spender to meet the requirements for a generous sign-up bonus: Earn a one-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening. You can plan your application around months with added expenses to meet that goal.

3. A lengthy 0% introductory APR

You'll get an intro 0% intro APR on purchases and balance transfers for 15 months; 19.99% - 29.99% variable APR after that; balance transfer fee applies. That’s a lengthy amount of time to finance your purchases and save on interest charges.

Travel-friendly features

4. No foreign transaction fees

Many cash-back credit cards charge a fee for purchases made outside the U.S. — typically 1% to 3% per transaction. The Capital One Quicksilver Cash Rewards Credit Card doesn’t charge this fee, so you can save money on these potentially costly transactions when you’re traveling abroad.

5. International merchant acceptance

As part of the Mastercard network, the Capital One Quicksilver Cash Rewards Credit Card is widely accepted by merchants abroad.

Protections: Shopping and travel benefits

The Capital One Quicksilver Cash Rewards Credit Card offers new cardholders Mastercard World Elite benefits that can protect purchases and travel experiences.

Mastercard World Elite benefits

6. Price protection

This benefit reimburses the difference in the cost of an item, up to $250 per claim if you see it advertised at a lower price within 120 days from the date that you purchased it with the Capital One Quicksilver Cash Rewards Credit Card. You can make a maximum of four claims within a 12-month period. Terms apply. Price protection is an increasingly rare benefit these days.

7. Extended warranty protection

This benefit adds up to two years to manufacturers’ warranties of two years or less when you’ve used the card to purchase qualifying items. Terms apply. Learn more about extended warranty protections.

8. Travel accident insurance

You and eligible family members are insured up to a certain amount against qualifying accidents that may happen while entering, exiting or traveling in a licensed common carrier as long as you charge your entire travel fare to the Capital One Quicksilver Cash Rewards Credit Card. Coverage may also extend to qualifying transportation to and from the airport, depending on whether you charged the fare to your card prior to departing. Terms apply.

9. Baggage delay insurance

Get reimbursed up to $100 per day for three days when your bags are delayed for more than four hours at another destination. This coverage is limited to urgent essential items you may need when you’re away from home and it’s secondary to any other insurance you might have. To qualify, you must charge your travel fare to the Capital One Quicksilver Cash Rewards Credit Card. Terms apply.

10. Trip cancellation and interruption insurance

If you have to cancel your trip for a reason that qualifies under this benefit, you’ll be covered up to a maximum of $1,500 per trip as long as you've charged your travel fare on your Capital One Quicksilver Cash Rewards Credit Card. Terms apply.

11. Auto Rental Collision Damage Waiver

Get covered in case of car damage or theft when you use your card to pay for a qualifying auto rental and decline the car rental agency’s insurance coverage. The coverage is secondary to your own insurance policy, meaning you’ll have to go through them first if the rental car is damaged or stolen. Without your own insurance policy, this benefit reimburses the eligible amount covered for theft and damages, in addition to other qualifying charges that the auto rental company may impose when the car is out of commission. Terms apply. Learn more about credit card rental car coverage.

12. Travel and emergency assistance services

If you experience an emergency abroad, this benefit can help you find medical, legal and travel services by connecting you with local emergency and assistance resources at your destination.

More about the card