Can I Use My Capital One Quicksilver anywhere?

The Capital One QuicksilverOne foreign transaction fee is $0. This means you will not be charged extra when you make purchases outside the U.S. (or online, from international merchants) using the Capital One QuicksilverOne. Foreign transaction fees on credit cards range from 0% to 3%, depending on the card and issuer. Capital One does not charge foreign transaction fees on any of its personal or business credit cards.… read full answer

The $0 foreign transaction fee is just one of the features that make Capital One QuicksilverOne a worthwhile rewards card. It’s pretty easy to get, available even to people with limited. It also offers 1.5% cash back on all purchases to cancel out its modest $39 annual fee. Capital One QuicksilverOne is a Mastercard credit card network, which means you’ll also benefit from wide-ranging international acceptance.

Capital One Quicksilver could either be a Visa or a Mastercard. Capital One issues cards on both networks, but there is no way to choose which network your new card will be on.

The card network for your new card isn’t based on your credit score, card terms, rewards or credit limits either. A card network is simply the company that helps process credit card transactions and determines where a card is accepted. Having said that, both Visa and Mastercard benefit from the most extensive worldwide acceptance, so you’ll have no problems using your Capital One Quicksilver, regardless of its card network.… read full answer

Your Capital One Quicksilver approval odds are higher if you have a credit score of 700+. This means that you need at least good credit to get this card. Capital One will also review your annual income, sources of income, and housing status, among other factors.

Checking for Capital One Quicksilver Pre-Approval… read full answer

Keep in mind that, before submitting an application, you can check for pre-approval using the tool on the Capital One website. Pre-approval means that an issuer thinks a borrower has a good chance of being approved. It isn’t card-specific, so you can’t check for one card in particular. But it will tell you which Capital One card(s) have the highest approval odds. Pre-approval uses a soft inquiry, or “soft pull,” so it won’t affect your credit. You will still have to submit an application before you’re approved. And even then, there are no guarantees.

Applying for most credit cards triggers a hard inquiry which can temporarily hurt your credit score, so make sure you know where you stand before applying, either by using an issuer’s pre-approval tool if available, or by checking your credit score for free on WalletHub.