This card has no introductory financing offer. The Capital One Quicksilver Secured Card has a standard APR of 29.74% variable that applies to purchases, balance transfers and cash advances. Capital One Quicksilver Secured Card APR details The ability to do so is a nice perk, but you want to focus on keeping low utilization - the amount of credit you’re using compared to your credit limit - and paying on time every month. With a secured card, your main focus shouldn’t be on earning rewards anyway. However, be aware if you have a low credit limit such as $200, spending $25,087 might not be feasible and would require paying off the account in full numerous times each month. that would be in the market for this card has an annual income of $84,352 and $25,087 in expenses they are likely to be able to charge to a credit card.Įarning 1.5% rewards on $25,087 would earn about $376 in cash back. Using government data and other publicly available information, we estimate that a household in the U.S. Capital One Quicksilver Secured Card rewards potential You can also redeem your rewards for gift cards. Rewards can be redeemed for checks or statement credits or applied to cover past purchases. Plus, you can earn 5% cash back on hotel and rental car bookings made through Capital One Travel. The Quicksilver Secured Rewards Card from Capital One offers 1.5% cash back on all purchases, with no limits. Does the issuer offer a pre-approval tool? Yes.Ĭapital One Quicksilver Secured Card other details Capital One Quicksilver Secured Card rewards.Does it report to all three credit bureaus? Yes.Other perks and benefits: Path to upgrade to an unsecured card, automatic credit line reviews, $0 fraud liability, lock your card in the Capital One mobile app, monitor your Experian and TransUnion credit reports and VantageScore credit score with CreditWise.Rewards: 1.5% cash back on all purchases.Capital One Quicksilver Secured Card basics This combination of beneficial features make the card an excellent choice among secured credit cards. Plus, the Quicksilver Secured Card also offers both an automatic credit line review after six months - so you may qualify for a higher credit line with no additional deposit - and a path to upgrade to an unsecured version and have your deposit returned to you. Those rewards can be redeemed for a statement credit, a check, or used to purchase gift cards. You earn an unlimited 1.5% cash-back on all purchases, with no limits. Where the Quicksilver Secured Card shines is its competitive cash-back reward rate. You’ll receive a monthly statement and you must make a payment each month. But after, this no-annual-fee card works similar to any other credit card. To open an account, you must make a minimum $200 refundable deposit, and the amount of the deposit becomes your credit line. The Capital One Quicksilver Secured Rewards Credit Card was designed for applicants with fair credit. It also offers 1.5% cash back on all purchases.Ībout the Capital One Quicksilver Secured Cash Rewards Credit Card This secured credit card offers a great way to build credit - even if you’ve had problems in the past - as it includes automatic credit line reviews and a path to potentially get your deposit back.
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