Capital One Quicksilver – How to Apply

By Fábio Soares • 06/20/2025

Looking for easy, hassle-free cash back on every purchase? The Capital One Quicksilver could be the one.

This card was created with ease and efficiency in mind. It delivers a flat-rate cash back structure, doesn’t charge an annual fee, and offers a valuable introductory APR period. 

For people who prefer a “set-it-and-forget-it” approach to earning rewards, Quicksilver makes everyday spending more beneficial.

Let’s take a closer look at how the Capital One Quicksilver works and why it might be a strong addition to your wallet.

How does the Capital One Quicksilver work?

The Capital One Quicksilver Cash Rewards Credit Card offers 1.5% unlimited cash back on every purchase, with no rotating categories or activation required. 

Whether you’re buying groceries, booking a hotel, or paying your phone bill, you earn the same flat rate every time.

In addition to the ongoing rewards, new cardholders are eligible for a one-time cash bonus of $200 after spending $500 within the first three months of account opening. 

This makes it a strong choice for people who want quick value and a consistent return on their spending.

The card is also designed to be user-friendly, with no annual fee, no foreign transaction fees, and helpful digital tools to manage your account. 

Plus, it includes a 0% introductory APR for 15 months on purchases and balance transfers, helping you manage larger expenses without immediate interest.

Main benefits of Capital One Quicksilver

Capital One Quicksilver stands out due to its simplicity and everyday value. Instead of juggling different categories or thresholds, you can rely on a single, flat cash-back rate that works across the board.

Here are the main benefits:

• Unlimited 1.5% cash back – Earn rewards on every purchase, no matter the category or amount.
  
• $200 cash bonus – Get rewarded early on by spending just $500 in the first three months.
  
• No annual fee – Keep all your cash back without worrying about yearly costs.
  
• 0% intro APR for 15 months – Buy now and pay over time without interest for more than a year (then a variable APR applies).
  
• No foreign transaction fees – Use the card abroad without additional charges.
  
• Automatic credit line reviews – You may be considered for a higher limit with responsible use.
  
• Redeem anytime, any way – Use your rewards for statement credits, gift cards, or PayPal purchases.
  

Quicksilver is ideal for people who want to earn back a percentage of everything they buy while enjoying a straightforward experience without restrictions or conditions.

Cons of Capital One Quicksilver

While the card offers many positives, it’s important to weigh its limitations too:

• Flat-rate rewards only – If you spend heavily in specific categories like dining or groceries, you might earn more with a card that offers tiered or bonus category rewards.
  
• Credit score requirements – You typically need good to excellent credit (around 690 or higher) to qualify, so it may not be accessible for everyone.
  
• Balance transfer fee – While the 0% intro APR applies to balance transfers too, a 3% fee is charged on each transfer made during the promotional period.
  
• No travel perks – Although there are no foreign transaction fees, the card doesn’t offer advanced travel benefits like airport lounge access or trip insurance.
  

Still, for the average consumer seeking consistent rewards and low fees, these drawbacks are relatively minor.

APR and Fees

Here’s a breakdown of what you can expect in terms of interest and fees:

• Annual Fee: $0
  
• Intro APR: 0% on purchases and balance transfers for 15 months
  
• Regular APR: 19.99% – 29.99% variable (depending on your credit)
  
• Balance Transfer Fee: 3% during the intro period
  
• Foreign Transaction Fee: $0
  
• Late Payment Fee: Up to $40
  

The 15-month interest-free window is especially useful if you’re planning a big purchase or want to consolidate debt from higher-interest cards.

How to apply for the Capital One Quicksilver

Getting the Capital One Quicksilver is a fast and straightforward process. Before applying, check if you meet the basic qualifications:

• Be at least 18 years old
  
• Have a valid Social Security number or ITIN
  
• Maintain a good to excellent credit score (typically 690+)
  
• Have a steady income and positive credit history
  

You can visit the Capital One website to find the Quicksilver card and click on “Apply Now.” The form will ask for your personal information, income, and employment details.