No, the Capital One QuicksilverOne Card does not have a 0% APR intro period for new purchases. If you're planning on making a large upcoming purchase and you don't anticipate paying off the balance for a few months, the Capital One QuicksilverOne Card is not a great credit card to use.
Alternatively, you can check out the best 0% APR credit cards of 2022, selected by WalletHub's editors from 1,500+ offers. Just keep in mind that many cards with a 0% APR intro period for new purchases require good or excellent credit for approval. You can check your credit score for free on WalletHub to gauge your odds.
Capital One QuicksilverOne Cash Rewards Credit Card
The best Capital One card with 0% APR is the SavorOne Rewards card. Not only do you get the 0% introductory rates for purchases and balance transfers, but there’s also a $200 for spending $500 in the first 3 months you have the card. Dining and entertainment purchases earn 3% cash back, and you get 3% at grocery stores and on streaming services. All other purchases net 1% cash back. All Capital One cards come with no annual fee and no foreign transaction fees.… read full answer
The Capital One QuicksilverOne Cash Rewards Credit Card credit score requiremet is 640 or higher. The Capital One QuicksilverOne Cash Rewards Credit Card is also available to people with limited credit history, so you may be able to get approved even if you don’t have a credit score yet
In addition, you should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for Capital One QuicksilverOne, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.… read full answer
If you excel in other areas, you might be able to get approved with a slightly lower credit score in some cases. But it’s best to wait to apply until you meet the Capital One QuicksilverOne credit score requirement. You can check your credit score for free on WalletHub.
When a 0% APR period ends, the credit card’s regular APR will kick in. That rate will apply to any unpaid balance remaining on the credit card as well as any new purchases made from that point on. The regular APR that applies when a 0% APR period expires tends to be very high, so it’s best not to leave much of a balance for it to affect.… read full answer
The only exception to this rule is a 0% interest period with a feature called deferred interest. General-purpose 0% credit cards don’t have it, but some store credit cards do. This isn’t a true 0% APR deal because the interest is still accruing while it’s “deferred,” and it will apply if you don’t pay your balance on schedule. So when the 0% APR ends on a deferred interest financing offer, you’ll be charged interest on the original purchase amount, as accrued from the purchase date, if you have even $1 of your original balance left to pay. Your deferred interest could also return prematurely if you make a late payment, and it’ll likely be a lot more expensive than a late fee. That’s why it’s very important to make on-time payments on deferred interest credit cards, and to pay off the balance before a deferred interest period is over.
Even though a credit card with a true 0% APR period won’t retroactively charge interest on purchases, be smart with these cards. Interest will apply to any balance remaining when the 0% period ends, so plan out your payments to ensure there’s little left at that point. Using a credit card payoff calculator can be a big help.
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