Minimum Credit Score Needed 
Limited History
Capital One® QuicksilverOne® Cash Rewards Credit Card
By:
Capital One
Info about the Capital One® QuicksilverOne® Cash Rewards Credit Card has been collected by WalletHub to help consumers better compare credit cards. The financial institution did not provide the details.
Editor’s Take
John Kiernan, Credit Card Editor
Mar 24, 2020
Review: Capital One® QuicksilverOne® Cash Rewards Credit Card
The Capital One QuicksilverOne Card is the best general-purpose rewards credit card available to people with limited or fair credit, thanks to a cash-back earning rate that’s nearly 50% higher than the market average. But its annual fee means QuicksilverOne is only worthwhile for folks who plan to regularly make purchases with plastic.
Here’s what you need to know:
Here’s what you need to know:
- Generous, straightforward rewards. Capital One QuicksilverOne offers 1.5% cash back across all purchases. Not only does that blow away the 1.07% available from the average cash rewards card, but it also lacks the annoying complexities that are common with many offers (e.g., earning rates that vary by purchase category). Plus, you won’t have to worry about how much your rewards are worth, since you’ll be earning cash instead of points or miles.
- $39 annual fee. We generally recommend no annual fee credit cards to people with below-good credit. But that’s because most credit cards for people with fair, limited or bad credit don’t offer good enough rewards to warrant paying a fee. That’s not necessarily the case with the Capital One QuicksilverOne Card. You’ll break even, meaning your cash-back earnings will equal the card’s $39 annual fee, by spending $2,600 per year. So as long as you plan to do that, the fee isn’t really anything to worry about.
- Not the card for carrying a balance. The Capital One QuicksilverOne Card’s APR is well above the average among credit cards for people with fair credit, according to WalletHub’s latest Credit Card Landscape Report. So you should only get it if you plan to pay your bill in full every month (as is generally the case with rewards cards).
- No penalty for international use. Capital One is one of the only major issuers to remove foreign-transaction fees from all of its credit card offers. So you won’t get penalized – the market average is 1.44% – for using the QuicksilverOne Card to make purchases through international merchants or when traveling abroad. That’s good.
- Available to people with limited/fair credit. QuicksilverOne wouldn’t be anything special if it wasn’t available to relatively unproven consumers. But it is, providing a way to make credit-building pay off even more than normal. If you’re not sure where your credit currently stands, you can check your latest credit score for free on WalletHub and then track your improvement with daily updates. And if you find that you actually have good or excellent credit, you should be able to qualify for the standard Capital One® Quicksilver® Cash Rewards Credit Card .
Mar 24, 2020
Capital One® QuicksilverOne® Cash Rewards Credit Card's Rewards
- Earn unlimited 1.5% cash back on every purchase, every day
- Earn cash rewards without signing up for rotating categories
- No limit to how much cash back you can earn, and cash back doesn't expire for the life of the account
Capital One® QuicksilverOne® Cash Rewards Credit Card's Key APRs & Fees
|
Purchase Intro APR
|
Transfer Intro APR
|
Regular APR
|
|---|---|---|
| Not Offered | Not Offered | 26.99% (V) |
|
Purchase Intro APR
|
Not Offered |
|---|---|
|
Transfer Intro APR
|
Not Offered |
|
Regular APR
|
26.99% (V) |
| ANNUAL FEE |
$39 |
|---|---|
| BALANCE TRANSFER FEE |
None |
Capital One® QuicksilverOne® Cash Rewards Credit Card's Additional Info
| MAX LATE FEE |
$39 |
|---|---|
| MAX OVERLIMIT FEE |
None |
| MAX PENALTY APR |
None |
| GRACE PERIOD |
25 days |
| ONLINE RESPONSE |
No |
| CASH ADVANCE APR |
26.99% (V) |
| CASH ADVANCE FEE |
3% (min $10) |
| FOREIGN TRANSACTION FEE |
None |
| SMART CHIP |
Yes, chip-and-signature |
- Get access to a higher credit line after making your first 5 monthly payments on time
- Monitor your credit profile with the CreditWise® app, free for everyone
- $0 fraud liability if your card is ever lost or stolen
- Help strengthen your credit for the future with responsible card use
- Get customized alerts and manage your account with the Capital One mobile app
Editor's Pick
Capital One® QuicksilverOne® Cash Rewards Credit Card is an Editor's Pick for:
Customer Questions and Answers
Don't see what you're looking for? Submit your question about Capital One® QuicksilverOne® Cash Rewards Credit Card to our community.
Capital One QuicksilverOne vs Platinum: Which is better for no credit? Reply 52
KEYAIRA SUTTON
@keykey
When you compare Capital One Platinum vs. QuicksilverOne, the main differences are that QuicksilverOne gives 1.5% cash back on all purchases and has a $39 annual fee. On the other hand, Platinum does not offer rewards and has a $0 annual fee. Other than that, Capital One QuicksilverOne vs. Platinum is a draw. Both cards are for people with limited or fair credit. Both also have a $300 minimum credit limit. And neither card charges a foreign transaction fee.
Capital One Platinum and Capital One QuicksilverOne are both great starter credit cards. They’re designed to help people with limited or no credit experience build good credit scores inexpensively. Which of the two will be better for you depends on how much you plan to spend. QuicksilverOne is better if you plan to charge at least $2,600 a year ($216.67 per month) because that’s when the rewards will cover the cost of the annual fee. Platinum is preferable otherwise.
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Is there a Capital One Quicksilver One foreign transaction fee? Reply 85
Jane Parker
@parker16
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. using the QuicksilverOne card. 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.
No foreign transaction fee is just one of the features that make QuicksilverOne a worthwhile rewards card. It’s pretty easy to get, available even to people with limited or no credit.It also offers 1.5% cash back on all purchases to cancel out its modest $39 annual fee. The QuicksilverOne card is on the Visa credit card network, which means you’ll benefit from wide-ranging international acceptance.
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How do I do a Quicksilver One to Quicksilver upgrade? Reply 104
Patrick Murphy
@stpatrick1982
To upgrade from Quicksilver One to Quicksilver, you can accept Capital One's online, mail, or e-mail offer. Cardholders who are eligible for an upgrade will be notified through an "Upgrade Now" banner online or by mail. If you haven’t received a notification, you can always contact customer service at 1 (800) 227-4825 and ask if you’re eligible for an upgrade. There’s no credit check associated with a request to upgrade. If Capital One determines you are eligible and you agree to the upgrade, there will be a hard inquiry on your credit report. This will temporarily lower your credit score by a few points.
To accept an online offer, log in to your account and click the "Upgrade Now" banner. A "Finalize Upgrade" window will appear. Review the upgrade terms, check the box stating you agree to them and select "Upgrade Card." For other offers, follow the instructions in either the letter or e-mail that you received. Unless stated otherwise in the offer, your card number, APR and credit limit will stay the same. You can still use your old card until the new card arrives in 7 to 10 business days.
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What are the Capital One QuicksilverOne credit card score requirements? Reply 2517
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Who is the Capital One Quicksilver One issuer? Reply 2314
WalletHub
@WalletHub
The Capital One® QuicksilverOne® Cash Rewards Credit Card is issued by Capital One. It is on the Visa network.
23
Upvotes
What are the incentives or rewards? Reply 2317
Leon Denerus
@Leo.DC
1.5% cash back on all purchases (via statement credit, check or gift card). And rewards don’t expire.
23
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Does Capital One Quicksilver One work with Apple Pay? Reply 158
WalletHub
@WalletHub
Yes. Please find more details here: https://www.capitalone.com/applications/mobile/apple-pay/.
15
Upvotes
Capital One® QuicksilverOne® Cash Rewards Credit Card Reviews
Share your insights and review the Capital One® QuicksilverOne® Cash Rewards Credit Card.
Mar 31, 2020
On your review it says it does not require ssn but on their online application it is asking for the ssn and it is mandatory. I wonder how people will be able to apply for it when they do not have their ssn available.
Comment
Mar 19, 2020
Good card to rebuild credit and you get increases after 5-6 on time payments. Customer service is good (rates are high, but you're not going to get 0% with a bad credit score) Use it for things like gas and keep the balance paid and when your score increases, transfer the balance
Mar 12, 2020
Yea it would beeen real nice if i got one or if i was approve so said that im not oh well that's what happens when you not good in your credit but hey I heard that it was one of the best cars that you can get so I guess it is a good thing
Feb 28, 2020
I have this card already and it is paid in full. Any new line of credit sinks my score. It was a good o% promotion but regular interest forget it! Would do it again, but moving on. My Transunion report is so far behind and not at all accurate!
Feb 20, 2020
Good card helped my credit and comes with the credit wise app cash back rewards is nice and you can get those in a lot of your everyday purchases, Can get an additional card to help others credit with your account
Feb 13, 2020
I was offered this card after I had Cap One platinum for 12 mos. At the time, my was FICO 620, Vantage 560, one erroneous derog (in dispute) and a nine-year old Chap 7. (Note-- I have that big baddie falling off my credit reports within a year so that is keeping me optimistic)
They start you out with a super low limit on this card, hence the 3 stars. My Capital One Platinum is only six months older than the Quicksilver One yet... my platinum has a CL of $2500 while the QS1 started with a $250 but bumped it to $500 within a few months.
I do think this card is the "next step" after Platinum. This card is NOT as good as the QuickSilver in terms of interest rates, but it does have some cash back perks. It also has a cool look, very modern metallic look.
I'm going to stick it out with this card due to the cash back perks (and credit age) albeit unless they raise the limit soon, the cash back remains small. I was just approved for a Discover cash back card (CL $1250) and the cash back perks on that card are incredible vs this Quicksilver One.
Like all things in life, one must work their way up the ladder to enjoy more benefits. I will say this: Cap One has a GREAT app, good customer service and doesn't have that sub-prime look like some of the other cards out there. (First Progress, Total, Indigo, Surge etc..)
Some advice from me: dispute everything on your credit reports. I had a collections go away just by disputing it. Also, I know it's tough, but keeping utilization below 30% really increases your credit score. Finally, if you just want to build your credit, let the card sit in your drawer for 29 days of the month. Take it out once a month to gas up. Pay it in full before due date. Lather, rinse, repeat. You can do this. I did.… show more
They start you out with a super low limit on this card, hence the 3 stars. My Capital One Platinum is only six months older than the Quicksilver One yet... my platinum has a CL of $2500 while the QS1 started with a $250 but bumped it to $500 within a few months.
I do think this card is the "next step" after Platinum. This card is NOT as good as the QuickSilver in terms of interest rates, but it does have some cash back perks. It also has a cool look, very modern metallic look.
I'm going to stick it out with this card due to the cash back perks (and credit age) albeit unless they raise the limit soon, the cash back remains small. I was just approved for a Discover cash back card (CL $1250) and the cash back perks on that card are incredible vs this Quicksilver One.
Like all things in life, one must work their way up the ladder to enjoy more benefits. I will say this: Cap One has a GREAT app, good customer service and doesn't have that sub-prime look like some of the other cards out there. (First Progress, Total, Indigo, Surge etc..)
Some advice from me: dispute everything on your credit reports. I had a collections go away just by disputing it. Also, I know it's tough, but keeping utilization below 30% really increases your credit score. Finally, if you just want to build your credit, let the card sit in your drawer for 29 days of the month. Take it out once a month to gas up. Pay it in full before due date. Lather, rinse, repeat. You can do this. I did.… show more
Feb 11, 2020
This card is for rebuilding and/or average credit, people expecting high CL on this card are delusional. Yeah, you got approved for a higher limit with another place but again, this card is for rebuilders, if you aren't rebuilding then I'm not sure why you would apply for this card as there are much better options out there than this.
Feb 10, 2020
I have had this card a month and it has been a miserable experience. To begin with, they start you with a very low amount of available credit, and after five months of prompt payment, it only goes up $500. I paid my balance five days ago, and it still has not cleared (a problem I have had with none of my other cards) so they have been refusing to honor anything I tried to charge on the card -- without warning me that I had no credit balance left. In decades of using credit cards, Capital One has declined more payments than my total lifetime experience of this. The bank has made it clear to me that they neither trust me nor want my patronage, so I will be cancelling the card (which I have only had for six weeks) as soon as they process the payment I made.… show more
Jan 17, 2020
Capital One has an excellent cashback program and several incentives for new customers . They recently increased my credit limit . Thanks Capital One !! Thank you thank you thank you thank you thank you
Mar 21, 2018
Capital One has an excellent cashback program and several incentives for new customers . Though I am relatively new they recently increased my credit limit . When I joined Capital One my score was horrible now it has improved. Thanks Capital One !!
Dec 19, 2019
Got approved $500 CL with a 610 credit score 2 weeks ago. Already had a secured card and an Autoloan through capital one for a Mercedes truck with $1600 down. This is my first unsecured credit card years after messing up my credit when I was younger. Waiting now to see if my credit limit increase was approved!
Dec 13, 2019
Credit Karma said the odds were in my favor for this card so I applied. I discharged from my bankruptcy March 2018, but was still denied. It’s been over a year so I figured I would try. More folks with my same profile had luck, but I didn’t unfortunately. Hard credit pull for nothing.
Nov 21, 2019
Wallet hub said i had good chance of getting approved and i got denied. Now it will affect me credit instead of helping it. I trusted the wallet hub that I would get approved if not i would have moved along. Not happy at all!!! Don't apply unless you have a score of 650 or above!!!
02/19/20
So.... the prequalify or preapproval range is 540-650. If you fall within that range you are in the range of them approving you. That is why you had a good chance of acceptance. But once they submit the hard inquiry, other factors may come into play. Like debt load or income to low.
If you make $28,000 a year, and have two credit cards with $2,000 limit, you probably won't get approved even if your credit is perfect.
Maybe you had too many recent inquiries. Or your credit age is too new. All of these factors don't show up in the prequal or soft pull, which evaluates only if your score is among those who have been accepted. It doesn't mean you will get accepted.… show more
If you make $28,000 a year, and have two credit cards with $2,000 limit, you probably won't get approved even if your credit is perfect.
Maybe you had too many recent inquiries. Or your credit age is too new. All of these factors don't show up in the prequal or soft pull, which evaluates only if your score is among those who have been accepted. It doesn't mean you will get accepted.… show more
Sep 12, 2019
Capital One took a chance on me when my own personal bank would not! I have to review this card simply because it over delivers on its promise. I wrecked my credit 4+ years ago. Since then I have disputed accounts and monitored my activity closely. I was well below a 600 when I opened a secured credit card with Wells Fargo back in 2014. The banker misled me and told me that I would have an unsecured card within a year plus have my deposit returned. I started with $700 and to this day they still have not returned my deposit despite multiple calls to review my account for an upgrade! There is always an excuse! And I have not missed one payment!
I say all that to highlight the fact that I opened my account with Capital One in March of 2019. I was approved for a $1500 limit and used this card heavily like a debit card. I applied for this card after reading reviews about their 6 month credit limit increase. I also contacted their customer service repeatedly for clarification, the experience was always above expectations. At the age of 29 with virtually no credit I needed all the increases I could get. I only expected a $500 increase. I woke up this morning and went from $1500 to a $4500 limit! Capital One is great to have the limit increase progress bar. It said that my increase would come between Sept 14 and Oct 14. Well “Christmas came early” and on Sept 8 I have been upgraded!
I plan to challenge Wells Fargo soon on my security deposit even more because Capital One has given me the confidence to do so! I hope this review helps! Cheers!!… show more
I say all that to highlight the fact that I opened my account with Capital One in March of 2019. I was approved for a $1500 limit and used this card heavily like a debit card. I applied for this card after reading reviews about their 6 month credit limit increase. I also contacted their customer service repeatedly for clarification, the experience was always above expectations. At the age of 29 with virtually no credit I needed all the increases I could get. I only expected a $500 increase. I woke up this morning and went from $1500 to a $4500 limit! Capital One is great to have the limit increase progress bar. It said that my increase would come between Sept 14 and Oct 14. Well “Christmas came early” and on Sept 8 I have been upgraded!
I plan to challenge Wells Fargo soon on my security deposit even more because Capital One has given me the confidence to do so! I hope this review helps! Cheers!!… show more
Aug 16, 2019
I had a score in the mid to high 600s when I got this card. I have a new auto loan, but paid off all other debt. My initial credit limit was $300. After 6 months of using it for normal weekly purchases, paying it fully the next day or two (to get maximum cash back and be able to use it again), and ensuring my balance at the closing date was always $0, my FICO score increased to a 3 bureau average of 738. I expected the C1 limit to raise to $500 based on what was shown on the website. It raised to $3300 instead. I love cash back; it's amazing to get extra $ instead of owing interest.… show more
Aug 09, 2019
So far I'm happy. I have an annual income of 70k, my FICO score is 705 but wallethub says my credit score is 656 and I was approved for 5k. My father recommended I apply for capital one to take advantage of their intro 0 interest balance transfer to help me pay off my credit card debt.
Aug 03, 2019
Capital One decided they were going to screw everyone in the world over this month. Suddenly everyones due dates and statement dates were changed with NO NOTICE. I use my card several times a month and pay it off multiple times before the statement comes out so that I always have 0 balance reported to the credit bureaus. This way I get all the rewards back from using it, and pay no interest. I paid it off on my normal date this month and waited for a statement that never came and started using my card again. I used it for a huge purchase that took up nearly all my available credit and they made a statement more than one week after me normal statement date THE DAY THE PURCHASE POSTED. I had no chance to pay it off and now my credit is screwed. Thanks a lot Capital One. I have 2 cards with Capital one and I will never use them again.… show more
Jul 24, 2019
I applied for this card and was approved 3 years after a ch 7 bk. Though the initial cl was $500, I was pleased because C1 gave me another chance after including 2 of their cards in my bk. My bk was in lieu of a divorce and losing my job at Circuit City when they filed bk. I’m rebuilding my credit and happy to C1 is what’s in my wallet....again!
02/28/20
I think waiting 8 years after chapter 7 bankruptcy is the best I have been getting $10.000.00 card limits.
Jun 20, 2019
Its always fun to get cash back and Capital One has been EXCELLENT to work with!! Thank you!! Just recently got a higher limit. No problems or complaints here. They have been nothing but a joy!! Thanks!!
Mar 19, 2019
Capital one is awesome! Capital cerdit has been good to me over the past year. They done everything they said they would. Have two cards with them never had any problem at all. Having there cards really has bosted my cs all the way around. There app is easy to use even for older users lol. Thanks Cap one.
Jan 10, 2019
This deserves no stars.
I tried setting up a mobile payment on my CapitalOne app. At the time I was out of the country in Mexico. 3 separate times the payment came back as returned over the course of no more than 4 days. When I got back home to San Diego I called to take care of it - I was placed on hold for close to 45 minutes. I hung up because I had to go into a meeting. Called back in the very next day because when I checked my account both of the credit cards had been closed off due to the returned payments.
I had NEVER missed a payment with them. I got absolutely no call or heads up that they were going to close my account. They closed both of my accounts even when the other one had no returned fees.
Now they are saying neither account can be re-opened. Keep in mind I never had a late payment, called in to make it right, wasn't given any warning, and they come back with this. It's ridiculous. This is going to adversely affect my credit when their app was the reason I wasn't able to get my payment scheduled properly.
I DO NOT recommend this company to anyone. Unfair, unjust, unworthy. Don't open a credit line with them. I will be reporting their practices to the BBB as well as sharing this information with my network on every social media platform I have. Don't trust the cheerful TV commercials - it's all bullshit.
**The reviews on their website are fake since there is no where to leave one.
- Antouan Benbalit… show more
I tried setting up a mobile payment on my CapitalOne app. At the time I was out of the country in Mexico. 3 separate times the payment came back as returned over the course of no more than 4 days. When I got back home to San Diego I called to take care of it - I was placed on hold for close to 45 minutes. I hung up because I had to go into a meeting. Called back in the very next day because when I checked my account both of the credit cards had been closed off due to the returned payments.
I had NEVER missed a payment with them. I got absolutely no call or heads up that they were going to close my account. They closed both of my accounts even when the other one had no returned fees.
Now they are saying neither account can be re-opened. Keep in mind I never had a late payment, called in to make it right, wasn't given any warning, and they come back with this. It's ridiculous. This is going to adversely affect my credit when their app was the reason I wasn't able to get my payment scheduled properly.
I DO NOT recommend this company to anyone. Unfair, unjust, unworthy. Don't open a credit line with them. I will be reporting their practices to the BBB as well as sharing this information with my network on every social media platform I have. Don't trust the cheerful TV commercials - it's all bullshit.
**The reviews on their website are fake since there is no where to leave one.
- Antouan Benbalit… show more
10/16/19
This is why it's NOT good to depend on 'apps' to make payments, even while traveling. Best to have a lightweight notebook computer to login & make the payment, and should get an immediate email. For the record, I also save to PDF the receipt (may require browser extension if not using MS Edge).
Yes, I have made payments through my smartphone app, yet once the payment was made, got a notification before & could log out. Plus an email receipt.
My guess is that your 'missed' payment that wasn't may had been a security measure, like C1 may not accept payments via smartphones while not on US soil. However, as long as you make the payments, even though account is closed, C1 still has to report these just as though it's open.
Now would be a good time to get a retail or secured credit card to rebuild your name. From the looks of your post the damage didn't make it to a 60 day late, which is FAR worse than a 30 day one.
Final food for thought, do not rely on these apps blindly to 'do the right thing', you should had received a conformation as soon as payment was made & if not, that's when you should had first called. Being that I've never set foot outside of the US, don't know how payments are applied when elsewhere. It's just that I don't trust these apps good enough for everyday banking, other than check balances, etc. Finally, I never order from these, as there's always security issues (there was one recent issue with most Android based smartphones that went non-patched for over a year).
Good Luck, I know you've learned a cold, hard lesson from this & hope you never fully trust an app to pay your bills. Setting up automatic payments from a bank account is a far better option when traveling. If you can pay extra, as I do, that's good too! Don't let this setback define your credit history, time and on time payments to other creditors lessens any damage over time.… show more
Yes, I have made payments through my smartphone app, yet once the payment was made, got a notification before & could log out. Plus an email receipt.
My guess is that your 'missed' payment that wasn't may had been a security measure, like C1 may not accept payments via smartphones while not on US soil. However, as long as you make the payments, even though account is closed, C1 still has to report these just as though it's open.
Now would be a good time to get a retail or secured credit card to rebuild your name. From the looks of your post the damage didn't make it to a 60 day late, which is FAR worse than a 30 day one.
Final food for thought, do not rely on these apps blindly to 'do the right thing', you should had received a conformation as soon as payment was made & if not, that's when you should had first called. Being that I've never set foot outside of the US, don't know how payments are applied when elsewhere. It's just that I don't trust these apps good enough for everyday banking, other than check balances, etc. Finally, I never order from these, as there's always security issues (there was one recent issue with most Android based smartphones that went non-patched for over a year).
Good Luck, I know you've learned a cold, hard lesson from this & hope you never fully trust an app to pay your bills. Setting up automatic payments from a bank account is a far better option when traveling. If you can pay extra, as I do, that's good too! Don't let this setback define your credit history, time and on time payments to other creditors lessens any damage over time.… show more
Nov 19, 2018
WalletHub said I had a Good chance of getting approved. Went to Capital One website and didn’t pre-qualify for any of the cards. I bit the bullet and applied to the Quicksilver card and was approved for $300 credit limit. Im in the stages of rebuilding my credit. My current scores, TransUnion 624, Experian 598, Equifax 622. One baddie falling off December 2018.
May 18, 2017
This card is OK. I got a 500$ credit increase after 7 months of on time payments. I paid my balance off in full each month only charging 30% of my credit limit. They really need larger credit increases. The card could be better!
May 25, 2018
I had previously killed my creditworthiness. I applied for a Capitl One card on a lark and lo behold, they actually issued me a Platinum card with a $800 limit which was increased to $1,300 within six months. Now, for years later, having used the card wisely and paying on time and usually the full balance, they offered to promote me to their Quicksilver card and have increase my credit line to $3,300. I only wish that they would decrease their interest rate, but it really doesn\'t matter most of the time since I payoff the balance quickly.… show more
Apr 07, 2018
Really like this card earning cash back is immediate approved with a low 600 score 3000 5 month up raised to 3500 do use it often sometimes carry a balance but make multiple payments until paid off. Cap 1 and I do not have a love affair tried many times for an offer from them glad i finally got one. They don't like a balance but they like to see you use it. It's nice you can use reward money back on your balance. Hoping for a better card but can not seem to grab an offer, even with a good score. Probably one of the best reward cards for fair credit.… show more
Apr 05, 2018
Great foundation for building credit! Was approved at 620 for 300! Capital One is an excellent bank for folks with little to no credit history and they really allow you to get your foot in the door so to speak. Use there cards responsibly and your score will be climbing in no time.
Jan 08, 2018
I have been using this card for a little over 6 months now as a way to rebuild my credit. I have been making my payments on time each month and just recently got a credit increase, which I was really excited about. I did not have to call and ask for the increase it was just automatically given after 6 months. The cash back isn't very much as I have only earned $7.00 over the past 6 months and I use the card quite a bit.… show more
Sep 12, 2017
To heck with this, Truliant Federal Credit Union gave me a 9.15% variable rate Visa w/out any fees (nor any rewards, these are for those who selects the 14.99% rate card). What's so surprising about my experience was that I hadn't used any form of credit for a decade, although my credit score was a whopping 742, mainly because of three accounts still being reported in good standing, although closed one in 2005, the other two in 2006.
Of course, the visit to Truliant itself caused two 'hard' pulls, one to become a member (checking & savings, totally free due to being 55) and the other for the Visa application. Although I elected to wait, didn't take long, walked out the door not only as a Truliant member-owner, also with a set amount of credit amount in hand. While I was offered a generous amount, instead chose to limit the amount to $500, which is one-fifth of what was offered.
One doesn't have to earn $75K & have a wallet of credit cards, an auto loan (or two) & mortgage to earn a high score (back then, mine was only 720), it's managing what credit we have responsibly. Therefore, one can have a great score by having a couple of small accounts open & pay on time or better yet, the balance in full every month. I've set things up to where I get a text message 7 days before a payment is due, so that I don't forget to pay.
If one lives in Virginia or the Carolinas, visit a Truliant branch nearby or apply online. Note that with a credit card application, proof of income is mandatory, regardless of source (am disabled, so carried my benefit statement with me). Plus I cannot guarantee that everyone qualifies to become a member, they (like banks) can reject even a membership over low credit scores. I was never told the minimum, nor did I ask. It's just that Truliant is the only 'open' credit union in NC, one doesn't have to work for certain employers or the government.
I'm still tickled pink that I had a 742 score with no credit utilization for 11 years (limited credit) & could had walked out with $2,500 limit at 9.15%. That's over 3x less over what some 'limited credit' offerings on here & similar sites advertises (24.99-29.99%) & loaded with fees, over a third requiring some form of security deposit.
In closing, while I suppose this offer is better than none for some, for me, thanks, yet I'll take a pass on Capital One. Not just because of this, back in 1998 when earning better money & a 700-720 score, gave me a mere $200 limit & after a full year of on-time payments, wouldn't consider an increase on line of credit. My local bank (then Wachovia) whom I had a mortgage with offered me a $5,000 'Gold' card & provided some checks. One was written to Capital One to pay off the slightly over $100 owed & I closed the account. The rest is history.… show more
Of course, the visit to Truliant itself caused two 'hard' pulls, one to become a member (checking & savings, totally free due to being 55) and the other for the Visa application. Although I elected to wait, didn't take long, walked out the door not only as a Truliant member-owner, also with a set amount of credit amount in hand. While I was offered a generous amount, instead chose to limit the amount to $500, which is one-fifth of what was offered.
One doesn't have to earn $75K & have a wallet of credit cards, an auto loan (or two) & mortgage to earn a high score (back then, mine was only 720), it's managing what credit we have responsibly. Therefore, one can have a great score by having a couple of small accounts open & pay on time or better yet, the balance in full every month. I've set things up to where I get a text message 7 days before a payment is due, so that I don't forget to pay.
If one lives in Virginia or the Carolinas, visit a Truliant branch nearby or apply online. Note that with a credit card application, proof of income is mandatory, regardless of source (am disabled, so carried my benefit statement with me). Plus I cannot guarantee that everyone qualifies to become a member, they (like banks) can reject even a membership over low credit scores. I was never told the minimum, nor did I ask. It's just that Truliant is the only 'open' credit union in NC, one doesn't have to work for certain employers or the government.
I'm still tickled pink that I had a 742 score with no credit utilization for 11 years (limited credit) & could had walked out with $2,500 limit at 9.15%. That's over 3x less over what some 'limited credit' offerings on here & similar sites advertises (24.99-29.99%) & loaded with fees, over a third requiring some form of security deposit.
In closing, while I suppose this offer is better than none for some, for me, thanks, yet I'll take a pass on Capital One. Not just because of this, back in 1998 when earning better money & a 700-720 score, gave me a mere $200 limit & after a full year of on-time payments, wouldn't consider an increase on line of credit. My local bank (then Wachovia) whom I had a mortgage with offered me a $5,000 'Gold' card & provided some checks. One was written to Capital One to pay off the slightly over $100 owed & I closed the account. The rest is history.… show more
Sep 01, 2017
I'm getting to the begining of the eighth year since my Chapter 7 was posted on my credit report and I decided it's finally time to find a card... I did my research first and I chose this one because it earns extreme rewards... But I didn't expect to be treated like an American Express customer would with Good+ credit... This card is extremely high quality, customer service is premier and the payments post within the next revolving day, unless it falls on a Sunday.... I have never accrued interest and I now have $26.88 in rewards cash just for swiping the card at any given merchant, virtual or face-to-face.
My credit is now on it's way back to 700 from a 640-650 range. Don't apply for this card if you do not have at least 640, you will most surely be declined.
I highly recommend this card, however, if you have a 640 or more and are looking to make some money. Just post those payments, and run a ledger if you have to. You got this!… show more
My credit is now on it's way back to 700 from a 640-650 range. Don't apply for this card if you do not have at least 640, you will most surely be declined.
I highly recommend this card, however, if you have a 640 or more and are looking to make some money. Just post those payments, and run a ledger if you have to. You got this!… show more
Jun 08, 2017
If I already have the quicksilver card, can I also get the quicksilver ONE card? I started with the Capital one platinum card...had that for about 2 years, then I was "upgraded" to the quicksilver card - because my payment history with Cap One was excellent. I love my quicksilver card and would recommend it to anyone. My question is, can i also get approved for the Q-One card, even if I already have the regular quicksilver?… show more
Apr 01, 2017
I have two capital one credit cards. One is the Quick Silver. Am I allowed to applied for another one.... to get the debt to ratio dow
Jun 21, 2016
This card is ideal for people with limited history or lower credit scores. If you pay on time the first 5-6 months, you'll see a huge boost in CLI, which was a nice surprise in my opinion. Customer service is also some of the best I've seen, and I've been put through the ringer with several other companies. I was put in touch with someone right away on the phones with Capital One and had my questions answered immediately. I highly recommend them and their services. The APR on this card is a smidge high, but if your credit is good enough, shoot for the regular Quicksilver to avoid paying so much interest. All in all, good card, good company, I say go for it. Hope this helps. ;-)… show more
Mar 04, 2016
I got this card because I was trying to establish credit and it is doing a good job of that. I like how there are cash back rewards and find that they add up quickly and like that they can be used to lower your balance. I do wish that it did not have an annual fee. The card itself is good if you are responsible with credit and capital one is very good about giving credit limit increases. I have not had to deal with customer service as of yet since the online customer account has everything that you could possibly need.… show more
Feb 24, 2016
I initially got this card because I trusted the name brand and liked the prospect of cash rewards back. Getting 1.5% cash back on all my credit card purchases is a REALLY nice perk and is hard to beat. It's unlimited so you can use it as much as you want, and really adds up over time, even on small purchases here and there. The interest rate is pretty reasonable but I always pay my full balance off, so the main benefit to using the card is getting the cash back for me. Cash back is better than just earning points or discounts like so many other credit cards do, because I get to decide how I spend it. I would definitely recommend this card to other people, but would caution them to use it like I do and pay things off in full, that way you can fully utilize the cash back rewards and it is basically like getting free money.… show more
Feb 22, 2016
Once my family had gotten our credit up to a point where it wasn't scary to look at it, it felt like a very important achievement. Furthermore, and better, it opened a lot of doors for us in terms of credit cards. Up until this point, our credit card was a secured, low-limit thing that we basically only used for emergencies, or to use and immediately pay, to boost our credit. This is the card we decided on once we had the option to get a card that was more useful and rewarding. Now that we've established our pattern of use (pay off what we spend right away), the relatively high APR is not really a big deal, but what is are the rewards points that we get. 1.5% cash back adds up super fast, the way that we use it. At no point have we experienced problems. It's a great card that I don't regret having at all. I've always been happy with Chase's customer service, and I would definitely recommend it to others, looking for a good rewards card, and who have maybe just emerged from the financial wilderness themselves.… show more
Feb 11, 2016
This card is decent, it was the second card I got after rebuilding my credit and not having cards for many years. I would say it is a good "starter" card. The initial credit limit was on the low side, but I was enrolled in the "credit steps" program that guaranteed a credit line increase after paying on time for three months. My credit limit was more than doubled after the 3 months so I was very happy with that. The 1% cash back reward is ok. I find I benefit more from the travel cards than the cash back ones. The Capital One app on the phone is very slick. It makes using the card very convenient. Paying your bills or applying your cash back reward is very fast and simple in the app. I always thought Capital One wasn't the best credit card provider but I am very happy with them. They took a chance on me while I was rebuilding my credit and so far they have rewarded me for being a good customer.… show more
Feb 09, 2016
My credit isn't very good, after some small mistakes in the past, but it's not as bad as it used to be and I've been working on really improving it. I'd never had a credit card in the past, but I wanted to slowly build up my credit, so I got this card. Some of the features are really nice - the cash back is a great little plus, it adds up after a few months. The Uber credit isn't something I see myself using, so it's wasted on me, which is a shame. The annual fee is a pain, but I understand why it's there and it's not as bad as a lot of other cards. The APR is terrible, however, in my opinion. I'm glad that I pay my statement off every month, because that APR would really kill my finances if I left anything to gather interest. It's not bad if you pay your card off every month, but if you leave a balance it could really become a problem.… show more
Feb 04, 2016
I got it because it was one of the few I qualified for at the time. I would definitely improve the rewards structure. 1% cash back on all purchases is pretty pitiful when compared to most of the other cards out there. I would recommend it to others who have average credit looking to improve their credit score. I started out with a $750 limit and am now over $5000. It has done wonders for my credit score and for that I am thankful. I have not had to deal with the customer service so I cannot comment on that. However, the app is great.… show more
Jan 04, 2016
This card was great when my credit history was poor. Yes, it has an annual fee but as long as you use it enough, the fee should be covered by your cash back amount! This card is a great way to build credit history and have a little bit of your hard spent, hard earned money, come back to you!
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Last updated on: March 24th, 2020 at 11:59
Editor's Pick
Capital One® QuicksilverOne® Cash Rewards Credit Card is an Editor's Pick for:
WalletHub is an independent comparison service.
We work hard to show you up-to-date product terms, however, this information does not originate from us and thus, we do not guarantee its accuracy. When you click "Apply Now" you will be directed to the offering institution's website. In addition, keep in mind that actual rates and other information may vary for a number of reasons including the applicant's' creditworthiness and differences between an individual's situation and the criteria/assumptions used to generate the information displayed. Before submitting an application, always verify all terms and conditions with the offering institution. Please let us know if you notice any differences.
Ad Disclosure: Offers originating from paying advertisers are noted as “Sponsored” at the top of this page. Advertising may impact how and where offers appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Irrespective of whether an offering institution is a paid advertiser, the presence of offer information on WalletHub does not constitute a referral or endorsement of the institution by us or vice versa. Furthermore, offers have not been reviewed or approved by the offering institution. Information is displayed first and foremost to help consumers make better decisions.
Editorial Disclaimer: Editorial and user-generated content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by the issuer. In addition, it is not issuer’s responsibility to ensure all posts and/or questions are answered.
Offer last updated: Mar 24th, 2020 at 11:59 ET