Capital One Quicksilver Credit Card – How to Apply

By Raquel Oliveira • 02/25/2025

The Capital One Quicksilver Credit Card offers cashback, no annual fee and 0% intro APR.

The Capital One Quicksilver Credit Card is a great option for those who prefer a simple, hassle-free cashback rewards program. Unlike many other credit cards that require tracking bonus categories or spending limits, this card offers a flat 1.5% cashback.

Cardholders can enjoy the convenience of earning rewards on all their transactions without worrying about activating rotating categories or keeping up with quarterly changes.

This card also comes with a 0% introductory APR on purchases and balance transfers for 15 months, giving users financial flexibility. Whether you need to finance a large purchase or transfer an existing balance, this feature can help save on interest.

With no annual fee and no foreign transaction fees, the Capital One Quicksilver Credit Card is an excellent choice for those who travel frequently or make international purchases. Its combination of unlimited cashback, no extra costs.

How Does the Capital One Quicksilver Credit Card Work?

The Capital One Quicksilver Credit Card operates with a flat-rate cashback structure, making it one of the easiest credit cards to use for earning rewards. Every purchase earns 1.5% cashback automatically, regardless of where or how you spend.

Unlike some cashback cards that require you to activate special categories or track spending limits, this card applies the same cashback rate to all purchases. There are no restrictions, ensuring a seamless earning experience for cardholders.

Cardholders can also take advantage of a 0% introductory APR on purchases and balance transfers for 15 months. This feature is especially useful for individuals who need to make large purchases or pay down existing credit card debt without accruing immediate interest.

Another major benefit is that the card has no annual fee and no foreign transaction fees, making it a great option for frequent travelers. Many other cashback cards charge fees for international purchases.

Main Benefits of the Capital One Quicksilver Credit Card

One of the biggest advantages of the Capital One Quicksilver Credit Card is its unlimited 1.5% cashback on every purchase. This allows users to earn rewards consistently without having to keep track of spending categories or rotating bonuses.

The 0% introductory APR for 15 months on purchases and balance transfers provides financial flexibility for those who need to manage larger expenses or consolidate credit card balances. After the intro period, a regular variable APR applies based on creditworthiness.

The lack of foreign transaction fees makes this card particularly valuable for international travelers. Many credit cards charge up to 3% in additional fees for purchases made outside the U.S., but the Quicksilver Card eliminates this cost entirely.

Additionally, there is no annual fee, making it a cost-effective option for cashback seekers. Many cashback credit cards come with fees that can reduce the value of earned rewards, but this card allows users to keep all their earnings.

Cons of the Capital One Quicksilver Credit Card

Despite its benefits, the Capital One Quicksilver Credit Card has some limitations that potential applicants should consider before applying.

One drawback is that it does not offer higher cashback rates in specific spending categories. Some competing cashback cards provide higher earnings on groceries, dining, or gas, whereas this card maintains a flat 1.5% rate across all purchases.

Another downside is the balance transfer fee, which applies when moving debt from another credit card. While the 0% APR period is helpful, the transfer fee can offset some of the savings, especially if a high balance is being moved.

Additionally, approval for this card requires good to excellent credit. Individuals with poor or limited credit history may have difficulty qualifying and may be better suited for a secured credit card or a credit-building option.

APR and Fees

The Capital One Quicksilver Credit Card offers a 0% introductory APR on purchases and balance transfers for 15 months, making it a great choice for users who need time to pay off a large purchase or reduce existing debt without interest.

After the promotional period ends, a variable APR applies, depending on the cardholder’s creditworthiness. This means that carrying a balance beyond the intro period could result in higher interest charges.

A balance transfer fee is also required for any transferred amounts, so users should calculate the overall cost before moving balances from other credit cards.

On the positive side, the card has no annual fee and no foreign transaction fees, making it an excellent option for international travelers who want to earn cashback without paying extra fees on purchases abroad.

How to Apply for the Capital One Quicksilver Credit Card

Applying for the Capital One Quicksilver Credit Card is a simple process that can be completed online in just a few minutes. The application process is user-friendly and provides fast approval decisions in most cases.

To apply, visit the Capital One website and complete the online application form with personal and financial details. Applicants must provide income information, employment status, and Social Security Number for identity verification.

Those with good to excellent credit, typically a score of 700 or higher, have the best chance of approval. Capital One considers multiple factors beyond just credit scores.

Once approved, the card is typically mailed within 7 to 10 business days. Cardholders can begin using it immediately and start earning unlimited cashback on all purchases from day one.

Is the Capital One Quicksilver Credit Card Right for You?

The Capital One Quicksilver Credit Card is an excellent option for individuals looking for a simple and rewarding cashback credit card. With unlimited 1.5% cashback on every purchase, a 0% intro APR for 15 months, and no annual or foreign transaction fees.

This card is best suited for those who want:

• A hassle-free cashback program that does not require category activation
• A long 0% intro APR period for financing large purchases or transferring balances
• No foreign transaction fees for international spending
• No annual fee, ensuring that all cashback earned remains as savings

However, individuals who prefer higher cashback rates on specific spending categories, such as groceries or dining, may find more value in a specialized rewards card.

For those who want a simple, no-maintenance way to earn rewards on all purchases, the Capital One Quicksilver Credit Card is one of the best options available.