Hustlermoneyblog has partnered with CardRatings for our coverage of credit card products. Hustlermoneyblog and CardRatings may receive a commission from card issuers.
Are you looking for a chance to earn rewards without the hassle of signing up for rotating categories? The Capital One® Quicksilver® Cash Rewards Credit Card is here to provide cardholders a chance to earn steady rewards at 1.5X for every dollar spent.
There is no limit as to how much points you can earn! You never have to fuss with signing up for those rotating categories that other cards have every so often. Just use your card on all your purchases to get the reward points. Points earned don’t expire, so you can redeem at anytime.
Plus, you can earn $150 cash bonus for a limited time after spending $500 on purchases within three months of approval. The Capital One Quicksilver Cash Rewards Credit Card also offers no annual fees or foreign transaction fees to worry about!
* The Quicksilver® Cash Rewards Credit Card is issued by Capital One. They also offer great sign-up bonuses for their Checking/Savings accounts. You can also compare this card with other credit card bonuses!
Note: Check out the following cards to earn one of the best flat cash back opportunities across all purchases: Wells Fargo Cash Wise card, the Chase Freedom Unlimited card, or the American Express Cash Magnet card! For a wider variety, see more credit card bonus offers here.
Table of Contents
Capital One Quicksilver Cash Rewards Summary
 |
| Bonus Available | $150 cash after you spend $500 within the first 3 months |
| *Bonus Value | $150 |
| Ongoing Rewards/Benefits | Unlimited 1.5% cash back on all purchases |
| Foreign Transaction Fees | None |
| Annual Fee | $0 |
* Bonus value is an estimated value calculated by HustlerMoneyBlog and not the card issuer.
View the latest valuations here.
Recommended Free Credit Score (Get Free Score)
690 – 850 (Good – Excellent)
PROS
- Unlimited rewards
- No annual fee
- No foreign transaction fees
CONS
- Good-Excellent credit needed to qualify
Capital One Quicksilver $150 Bonus
Most no annual fee credit cards only offer a $100 bonus, so Capital One Quicksilver Cash Rewards credit card’s $150 bonus will compete well. Earn a one-time $150 cash bonus once you spend $500 on purchases within three months from account opening.
What makes this card special is the 1.5% cashback rate on every purchase with no limit how much you can earn. Plus there are no categories to keep track of as is the case with some cashback rewards. Additionally, there’s no waiting to reach a specific amount of rewards to redeem them.
Redeeming with the Quicksilver Rewards card is easy via statement credits, mailed checks, or gift cards. The Capital One Quicksilver card is a great option for users who don’t spend much each month on credit cards and for those who prefers no category spending to keep track of.
However, there are other cards that earn a better rate for big credit card spenders that can offset an annual fee. You can choose to use this card for everyday spending simultaneously with a category spending card to maximize returns.
Earning The $150 Bonus
Earning the $500 spending requirement for the $150 bonus in three months should be easy for most users, since everyday spending on gas, groceries, dining, and shopping will usually do the trick. But if you need some help, here are some ideas on meeting the spending requirements:
| • Plastiq - Using Plastiq allows you to pay for your personal expenses such as rent, tuition, mortgage, auto lease etc. Although they charge a 2.5% processing fee for using your credit card, this will contribute to the card bonus that you will receive. There is also a referral program that allows you to earn "Free-Free Dollars" that goes towards processing fees as well. |
| • Funding Checking Accounts - When it comes to funding a checking account, opening your initial deposit with a credit card is the usual way to go about it. However, if you want to have more opportunities, you should open a checking account that offers a sign-up bonus. This allows you to work towards bonuses from not one but two different sources instead. Banks like Chase, Huntington Bank, TD Bank and BBVA offers credit card funding, and for your opening deposit, you can often fund anywhere from $50-$1000 with a credit card, depending on the bank. |
| • Gift Card Purchases With Using a Credit Card - Another way to acquire the bonus is using your credit card to purchase gift cards. Buying a a gift card or an individual merchant card typically do not require a purchase fee and are used towards leisure, so gift cards are ideal. However, gift cards such as a Visa or American Express do incur purchase fees because they can be spent anywhere, but gift cards that are specifically for a certain online shopping site such as Amazon or eBay don't. |
| As for a Citi Credit Card, you should call customer service and ask them to lower your Cash Advance limit to $0 before making any purchases because Citi tends to read gift card purchases as a Cash Advance. Ideally, you should do this with any card just to be safe. Lastly, there is such thing as a discounted gift card which can be purchased on Raise or eBay. If you use a credit card often for everyday purchases, it can build your credit score that will contribute towards paying for things such as bills and taxes. |
| |
Capital One Quicksilver Card Top Features
When you spend at least $500 within 3 months of opening your account, you get a $150 cash bonus. This bonus is very easy to reach.
Earn an unlimited 1.5% cash back on all purchases. There are no caps, restrictions, or tiered spending categories. Plus, as long as your account is open, your cash back won’t expire. Manually redeem accumulated rewards in any amount for statement credits, gift cards, or checks. You can also schedule automatic redemptions that are triggered when you pass a specified threshold.
Use this card when traveling outside the U.S. Earn cash back without having to pay a foreign transaction fee.
Bottom Line
The Capital One® Quicksilver® Cash Rewards Credit Card allows you to earn a one time bonus after you meet the spend requirement on purchases in the first 3 months from approval. This card is designed to be a simple, no hassle, reward-earning credit card.
The perks of the card remains with the $0 annual fee and the ease of earning 1.5X points on every $1 spent on all purchases. Rewards never expire and can be redeemed whenever you’d like! You’ll definitely want this card in your wallet. Take advantage of the rewards you’ll easily earn on all purchases, every day! See our full list of credit card bonuses for all your credit card needs!
Learn more about this card and its features here.
Hustlermoneyblog has partnered with CardRatings for our coverage of credit card products. Hustlermoneyblog and CardRatings may receive a commission from card issuers.
Who’s the Competition?
There are other cards with flat-rate reward options, as well as category rewards options: Chase Freedom Unlimited, American Express Cash Magnet Card, Chase Freedom, Capital One VentureOne Rewards Credit Card, and the Blue Cash Everyday Card from American Express
 The Chase Freedom Unlimited® Card offers a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening. Earn unlimited 1.5% cash back on all purchases. There is no minimum to redeem for cash back & your cash back rewards do not expire as long as your account is open. This card comes with no annual fee and you'll get a free credit score that is updated weekly with Credit JourneySM. |
 The Chase Freedom® Card offers a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening. You'll earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate and an unlimited 1% cash back on all other purchases. You cash back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back. This card has no annual fee and you'll get a free credit score that's updated weekly with Credit JourneySM. |
 The Capital One® VentureOne® Rewards Card offers a one-time bonus of 20,000 miles once you spend $1,000 on purchases within 3 months from account opening, equal to $200 in travel. You'll earn 1.25X miles on every purchase, every day and pay no annual fee. Plus earn 10X miles on thousands of hotels, through January 2020; learn more at hotels.com/venture. This card comes with no annual fees and no foreign transaction fees which is a great choice as your go-to travel card! |
 The Blue Cash Everyday® Card from American Express offers $150 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months. You'll earn 3% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%), 2% cash back at U.S. gas stations and at select U.S. department stores, and 1% back on other purchases. There are no annual fees with this card (See Rates & Fees). |
I received this offer in the mail 3 months ago & applied for a new card but after more than 3 months & spent more then $500, I did not get my $150 bonus. I called customer service & they didn’t seem to know anything about this? they wanted me to fax them the letter but I had already tossed it. I am disappointed!