Syd Jones, WalletHub Credit Card Analyst
@syd.jones
The easiest way to get cash back on a Capital One credit card is to get a card that offers cash back rewards. One of the best Capital One cash back credit cards is the Capital One Quicksilver Cash Rewards Credit Card as it earns 5% cash back on hotel and rental cars booked through Capital One Travel, as well as 1.5% cash back on all other purchases. Plus, it features a $0 annual fee and offers $200 for spending $500 in the first 3 months.
Capital One rewards credit cards that offer miles also allow you to redeem them as cash. Redemption options include checks and statement credits. But these won’t get you as much value as redeeming miles for travel purchases.
Here are some of the best Capital One cash back credit cards:
- The Capital One Quicksilver Cash Rewards Credit Card: Offers $200 for spending $500 in the first 3 months. Earns 5% cash back on hotel and rental cars booked through Capital One Travel, as well as 1.5% cash back on all other purchases. Requires a credit score of 700, at a minimum. That means applicants need at least good credit to get approved.
- The Capital One Savor Cash Rewards Credit Card: Offers $300 for spending $3,000 in the first 3 months. Earns 5% cash back on hotels and rental cars booked through Capital One Travel, 4% cash back on dining, entertainment and popular streaming services, 3% back at grocery stores and 1% back on all other purchases (except for 8% back on tickets from Vivid Seats and on Capital One Entertainment purchases). Requires a credit score of 700, at a minimum. That means applicants need at least good credit to get approved.
- The Capital One QuicksilverOne Cash Rewards Credit Card: Earns 5% cash back on hotel and rental cars booked through Capital One Travel, as well as 1.5% cash back on all other purchases. Applicants with limited credit (less than 3 years of credit history) can get approved.
- The Capital One SavorOne Cash Rewards Credit Card: Offers $200 for spending $500 in the first 3 months. Earns 5% cash back on hotels and rental cars booked through Capital One Travel, 3% cash back on dining, entertainment, popular streaming services and grocery store purchases, along with 1% back on all other purchases (except for 8% back on tickets from Vivid Seats and on Capital One Entertainment purchases). Requires a credit score of 700, at a minimum. That means applicants need at least good credit to get approved.
With cash back rewards, the dollar-value is straightforward, so you won’t have to worry about conversion rates. Miles offered through other Capital One rewards credit cards can also be redeemed for cash (as checks or statement credits), but they won’t be worth as much as other travel redemption options.
Lastly, if you’re thinking of “cash back” as a way to simply withdraw money, keep in mind that credit card cash advances are extremely expensive. All Capital One credit cards charge a 3% (min $10) cash advance fee. And unlike regular APRs, cash advance APRs don’t benefit from a grace period, so interest starts accruing immediately.

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