June 26th, 2013

Review: Capital One® Quicksilver® Cash Rewards Credit Card – Easy Cash Back

 

Review: Capital One Quicksilver Cash Rewards Credit Card | Credit Karma Blog

Capital One has launched two new credit cards—Quicksilver and QuicksilverOne Rewards.

These cards replace the Capital One Cash Card and aim to make earning cash back simpler and more straightforward.

What’s the benefit?

Most cash back credit cards use a calendar of rotating categories to give you higher cash back earnings on certain items or in certain stores quarterly. But the Quicksilver keeps it simple. Here’s what you get:



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Powered By Credit Karma

Edging out the competition?

The competitors in this space aim at category-specific cash back earnings:

Discover It: This card has a goal of being more consumer-friendly by offering more flexibility in the form of waiving the first late fee, eliminating several other fees, and letting cardholders choose their due date. Like other cards on this list, Discover It has a base 1% cash back on all purchases along with 5% on revolving categories. You can read our Discover It review on the blog. Apply for the Discover It.

Chase Freedom Visa: This tried-and-true card gives you 5% cash back on rotating categories. That’s a nice benefit, unless you neglect to enroll. Then your spending will default to the 1% cash back that the Chase Freedom offers on other categories. Apply for the Chase Freedom Visa.

Barclaycard Rewards MasterCard: This cash back card for average credit consumers works on a points system. You earn 2 points per $1 spent on gas, groceries and utilities and 1 point per $1 spent on other purchases. The points can be used like cash to pay for purchases on the card. Apply for the Barclaycard Rewards MasterCard.

What should I consider before applying?

The Quicksilver Rewards Card isn’t for everyone. You’ll need excellent credit to get this card. If your credit’s less-than-perfect, you might qualify for the QuicksilverOne Rewards Card. The difference between the two is that the QuicksilverOne Rewards Card has a $39 annual fee. But that can be quickly offset by the cash back earned, if you spend wisely and pay off your balance each month.

As always, make sure to check your current credit standing on Credit Karma before you apply. And avoid applying for several cards at once, as the multiple hard inquiries will ding your credit.

Get more information about the Quicksilver Cash Rewards Credit Card.

Bethy

is the Social Media Manager and Writer at Credit Karma, where she’s been since February 2011. When she’s not writing about credit and finance all over the web, you can find her playing her guitar, catching the latest movie, training for her next race or just exploring the city of San Francisco. Say “Hi” on Twitter: @bhardeman.

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Disclaimer: All information posted to this site was accurate at the time of its initial publication. Efforts have been made to keep the content up to date and factual. This content is not provided or commissioned by the bank or issuer. Opinions expressed here are author’s alone, not those of the bank or issuer, and have not been reviewed, approved or otherwise endorsed by the bank or issuer. For complete product details visit bank or issuer website for details.

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May 30th, 2013

AvantCredit Review: A Better Alternative to Payday Loans?

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Welcome a new member to the online-only personal loan space! Chicago-based AvantCredit aims its unsecured loans at consumers with credit scores between 620 and 720—a nearly-prime community rarely served by other lenders. Like NetCredit, AvantCredit hopes to bridge the gap between payday loans and traditional personal loans. Its loans range from $1,000 and $10,000 and are payable over one to three years, depending on the terms you receive.

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January 3rd, 2013

Review: The Discover It Card Aims to be a Consumer-Friendly Game Changer

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Listening to your customer base is one thing. Implementing customer-pleasing changes into a brand-new credit card product could be a game changer.

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December 11th, 2012

Review: Got a Culinary Craving? Try the Williams-Sonoma Visa Signature Card

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Credit card perks are getting more creative by the minute. You can earn free hotel stays faster, maximize your daily deal site purchases, earn rewards any football fan would be jealous of, and more.

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November 14th, 2012

Newsletter Review: LearnVest

Newsletter Review: LearnVest

It’s time for a newsletter for the ladies. In fact, how about three? That’s right, personal finance tool and educational website LearnVest has not one, but THREE different newsletters. I’ve been a long-time subscriber to LearnVest, so I decided it was time to talk up their content here on the Credit Karma Blog.

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November 13th, 2012

Review: Borro Lends You Cash for Your Valuables

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Picture this: You’re starting a new business, say a hat shop. You need a small business loan to get the Hat Shack up and running, but each bank you visit has tightened its purse strings. Loans are difficult to come by, and they have high credit score requirements. Where do you go so you can get your shop ready to go before hat season? Enter Borro, an online pawnbroker that extends secured personal loans backed by valuable assets.

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August 31st, 2012

Review: Wallaby Consolidates Your Credit Cards and Maximizes Your Rewards

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You’ve heard of cloud computing, but cloud purchasing? It’s a new concept that tech startup Wallaby is introducing into the payments space. The Wallaby Card aggregates all of your credit cards into “One Card to Rule Them All”—a smart card that uses cloud technology to store your credit card information.

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August 15th, 2012

Review: Esurance Express Lane

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Esurance is trying to make getting an auto insurance quote quick and easy with its new feature called “Express Lane.”

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March 7th, 2012

Review: Capital One Venture Double Miles Challenge 2012 – Get up to 100,000 miles

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Listen up, frequent fliers: if you missed out on last year’s “Match My Miles Challenge,” you’re in luck. Capital One today launched its “Double Miles Challenge,” offering up to 100,000 bonus miles, which translates into $1,000 in travel rewards, on its popular VentureSM Rewards Credit Card.

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August 9th, 2011

Review of Itemize: The Discount-Lover’s Personal Shopper

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Admit it. The thought of paying full price for anything these days makes you cringe. Don’t worry; it makes me cringe, too. And apparently the folks at Itemize want to do something to fix that.

The problem: Too many sales going on at once to keep track.

The solution: Newly launched Itemize.

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