Is the Capital One Quicksilver Card a good first time credit card?

The Capital One Quicksilver credit limit depends on your income, creditworthiness and payment history, which are evaluated once you apply for the card. According to anecdotal reports, the card’s credit limit can be as low as $750 and as high as $10,000. However, Capital One does not list a minimum or maximum credit limit in the card’s terms and conditions.

If you want to aim for a higher credit limit, there are a number of areas...

Yes, Capital One is a good credit card company for beginners because it offers several good options for building credit. For example, the Capital One Platinum Credit Card (see details, rates & fees) has a $0 annual fee, is available to people with limited credit, and does not require a security deposit. Capital One Platinum (see details, rates & fees) does not offer any rewards, as it is a no-frills credit card specifically for building credit at a low cost.

Capital One offers several other good credit cards for beginners...

According to WalletHub editors, applicants with a credit score of around 700 may have better chances of being approved for the Capital One Quicksilver Cash Rewards Credit Card (see details, rates & fees). That means people with good credit have a shot at getting approved for the Capital One Quicksilver (see details, rates & fees) Card.

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 the Capital One Quicksilver (see details, rates & fees) Card, too. Some other key criteria include your income,...