Using a credit card is one of the most convenient ways to make transactions. With just one swipe or tap, you can make any purchase or finalize any transaction. These cards also offer security and accessibility through online and mobile banking.
Another valuable benefit of these cards is the perks and advantages they have to offer. One of the most valuable features of the right credit card is its rewards program, which allows cardholders to redeem points they earned in exchange for different offers.
One of the best choices for a rewarding credit card is the Capital One Quicksilver Cash Rewards Credit Card. This card offers a whole lot of opportunities to earn reward points and redeem valuable perks. To know more about this card, make sure to read this article that tackles the following points:
- Capital One Quicksilver Cash Rewards Credit Card Features
- Pros/Cons Of The Capital One Quicksilver Cash Rewards Credit Card
- Capital One Quicksilver Cash Rewards Credit Card Fees
- How To Apply For A Capital One Quicksilver Cash Rewards Credit Card
- Capital One Address And Contact
Capital One Quicksilver Cash Rewards Credit Card Features
What’s best about this credit card is its features. Because it is focused on cash rewards, the Capital One Quicksilver Credit Card lets you earn points in various ways. In fact, it has a one-time offer for new card members that allows you to earn a $200 cash bonus when you spent $500 on purchases in three months after the application approval.
Aside from this welcome bonus, you can earn a 1.5% cashback every time you make a purchase. The best part is that the cashback is earnable without limits, so you can earn more for every purchase no matter where or when.
When using this card for every purchase, you can rack up a whole lot of cashback earnings. Say you spend $2,200 every month for a year. Then you can expect a cashback of $396 within that year. These cash backs stack up, so you do not have to worry about the accumulated points expiring. This means that you can keep your cash backs as long as you keep your account.
Another great thing about this credit card is that you can redeem your cash backs for cash. Capital One sends a check when you apply for redemption. You can also apply your rewards as a statement credit or as a way to buy gift cards. Moreover, your cashback can be used to directly cover a purchase. Rewards can also be redeemed via PayPal.
Other Benefits
Aside from the great cash rewards benefits offered by this credit card, what you will appreciate about this card very affordable for cardholders; it does not charge any foreign transaction or annual fees so that you can save a few dollars.
Moreover, this can helps you get additional warranty protection for free on eligible items as long as they are purchased using the card. Another protection this card offers is travel accidents so that you can travel without worries.
You can also shop while saving with ease with the help of Capital One Shopping, which automatically applies coupon codes to your purchases. You can also get instant notifications whenever you use your card to buy something.
Pros/Cons Of The Capital One Quicksilver Cash Rewards Credit Card
With the various benefits offers by this credit card, one might think that it only offers advantages. However, it is important to keep in mind that all cards have their own pros and cons. One of the most important advantages of the Capital One Quicksilver Cash Rewards Credit Card is its rewards program.
Besides this, you can also enjoy a host of other benefits from purchases and access to protection and management. This card gives you access to eligible exclusive dining experiences, must-see events, and big-time sports events.
Moreover, it gives you peace of mind through its security features. You can receive security alerts through text, email, and phones every time the bank notices potential suspicious transactions. To further help you protect your account when online shopping, it provides virtual card numbers.
You are also made aware of any mistakes or unexpected charges. Other security measures include $0 fraud liability and card lock. You can manage your account right from your phone with the help of the Capital One mobile application. It gives you control over recurring merchants, balance transfers, autopay, and authorized users.
Some Things To Take Note Of
When considering getting this card, one thing to keep in mind is it comes with responsibilities in the form of fees and charges. Failure to pay these can result in penalties.
Moreover, it is important to keep in mind that the rewards can be redeemed only through eligible means and with eligible establishments.
Capital One Quicksilver Cash Rewards Credit Card Fees
Owning a credit card offers many benefits and conveniences, but you must make a point of it to remember that using it comes with responsibilities. One of these is paying the annual and transaction fees, as well as interest.
For the Capital One Quicksilver Cash Rewards Credit Cards, there are several important charges you need to take note of. First, it is convenient that this credit card does not charge any annual fees. What it does charge are interest rates.
It has a variable interest rate of 1.29%, 1.79%, or 2.04% per month. This means that you can get an annual percentage rate (APR) of 15.49%, 21.49%, or 25.49%. The rate you are assigned is based on your creditworthiness; it can change depending on the Prime Rate.
This credit card also lets you make different transactions such as balance transfers and cash advances. For balance transfers, the APR can be 15.49%, 21.49%, or 25.49%. Any cash advances are given an APR of 25.49%.
Other Fees
The Capital One Quicksilver Cash Rewards Credit Card also charges transaction fees. Every time you make a balance transfer, you can expect a fee equal to 3% of the amount transferred.
You will also be charged a fee whenever you make cash advances. The fee is either $10 or 3% of the amount.
Aside from this, the card also charges penalty fees for various payment-related issues. You only need to worry about late payment penalties for this card, which can go up to $40.
How To Apply For A Capital One Quicksilver Cash Rewards Credit Card
For those interested in getting their hands on this credit card, the easiest way to apply is through the Capital One website. Using this form, you need to provide personal details such as full legal name, date of birth, and Social Security number.
You also needed to indicate that you are a United States citizen, along with your address. Providing your income and expenses is also essential during the application. It is important to remember that the bank might ask for proof of these details, so it is better to have the documentation ready.
Some of the essential documents to have when applying include a valid government ID with a picture, date of birth, and address. To show proof of income and address, recent payslips and latest bank statements, as well as utility bills, are great options.
Credit Card Eligibility
When applying, there were various eligibility requirements you needed to pass. First, interested applicants must be 18 years old and above and living in the United States. It would be best if you also had an income that is at least $425 more than my monthly rent or mortgage payment.
The bank does not accept applications from individuals living in correctional institutions. Moreover, individuals who have applied for a Capital One credit card within the past 30 days will not be accepted. Those with five or more credit cards from the bank are also not eligible.
Applicants should also not have overdue balances, over-limit transactions, and any unresolved non-discharged bankruptcies.
Capital One Address And Contact
Interested applicants should be meticulous before applying for a Capital One Quicksilver Cash Rewards Credit Card. Contacting the bank is the best way to get additional information.
Customers can get in touch with the bank by calling its customer service at 1-877-383-4802. For individuals outside the United States, they can all 1-804-934-2001.
Aside from this, they can send mail to the bank’s address at Capital One, Attn: General Correspondence, P.O. Box 30285, Salt Lake City, UT 84130-0287.
Other Ways To Get In Touch
For an easier way to reach out, customers can use the Capital One mobile app to get in contact with the bank quicker.
If none of those mentioned above methods work, it is best to visit one of the nearest bank branches, that way; you can get all the credit card information that you require.
Conclusion
The Capital One Quicksilver Cash Rewards Credit Card can be your favorite companion for your everyday transactions. With this card, you can save money, earn rewards, and shop with ease.
Disclaimer: There are risks involved when applying for and using credit products. Ensure you consult the bank’s terms and conditions page before agreeing to anything.