Capital One Quicksilver Bonus Review: $150 Vs. $200 Offer

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Capital One Quicksilver Bonus
Reviewed by: Tony Phan
Published on: August 24, 2018
Last modified: August 24, 2018

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Contents

1 Capital One® Quicksilver® $150 Vs. $200 Bonus
- 1.1 Earning The $150 Bonus
- 1.2 What’s The Competition?

Capital One^® Quicksilver^® Rewards Credit Card is now offered in two bonus varieties, a $150 bonus and a $200 bonus. The two options will have different bonus requirements as well as different introductory APR benefits.

The low spending requirement and the bonus offer, along with the ongoing 1.5% cash back rate, puts this on our best credit card bonuses list.

I’ll review the bonus offers below.

Capital One^® Quicksilver^® $150 Vs. $200 Bonus

Great bonus options for this card…

Many other No Annual Fee credit cards only offer a $100 bonus, so this updated $150/$200 offer will compete well.

The first difference between the two offers is in the spending requirements to obtain the bonus:

$150 bonus: Earn a one-time $150 cash bonus once you spend $500 on purchases within 3 months from account opening.
$200 bonus: Earn a one-time $200 cash bonus once you spend $1,000 on purchases within 3 months from account opening.

Secondly, the introductory APR offers will be different between the two:

With the $150 bonus option: 0% intro APR on Purchases for 15 months; variable APR after that. 0% intro APR on Balance Transfers for 15 months; variable APR after that; 3% fee on the amounts transferred within the first 15 months.
With the $200 bonus option: 0% intro APR on Purchases for 9 months; variable APR after that. 0% intro APR on Balance Transfers for 9 months; variable APR after that; 3% fee on the amounts transferred within the first 9 months.

Aside from the differences above, the card benefits will be the same.

What sets this card apart is the 1.5% cash back rate on every purchase with no limit on how much you can earn. There are no categories to keep track of like with the Chase Freedom^® card. You also don’t have to wait until you reach a specific amount of rewards to redeem them. You can redeem when you earn $1 if you so wish.

Redeeming is easy via statement credits, mailed checks, or gift cards.

With the unlimited 1.5% cash back rate, 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 like the simplicity of no category spending to keep track of. For big credit card spenders that can offset an annual fee, there are other cards that earn a better rate. You may choose to use this card for everyday spending in conjunction with a category spending card to maximize returns.

Having no foreign transaction fees also makes this a good carry option for overseas travelers.

Capital One^® Quicksilver^® $200 BonusCapital One^® Quicksilver^® $150 Bonus

One-time $200 cash bonus after you spend $1000 on purchases within 3 months from account opening
Earn unlimited 1.5% cash back on every purchase, every day
No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won’t expire for the life of the account and there’s no limit to how much you can earn
0% intro APR on purchases for 9 months; variable APR after that
0% intro APR on balance transfers for 9 months; variable APR after that; 3% fee on the amounts transferred within the first 9 months
Pay no annual fee or foreign transaction fees

Annual fee	$0
Intro APR	0% on Purchases and Balance Transfers for 9 months

Recommended Credit Score: 670 - 850

One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening
Earn unlimited 1.5% cash back on every purchase, every day
No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won’t expire for the life of the account and there’s no limit to how much you can earn
0% intro APR on purchases for 15 months; variable APR after that
0% intro APR on balance transfers for 15 months; variable APR after that; 3% fee on the amounts transferred within the first 15 months
Pay no annual fee or foreign transaction fees

Annual fee	$0
Intro APR	0% on Purchases and Balance Transfers for 15 months

Recommended Credit Score: 670 - 850

Earning The $150 Bonus

Spending $500 for the $150 bonus or $1000 for the $200 bonus in three months should be fairly straightforward for most users, as everyday spending on gas, groceries, dining, and shopping will usually do the trick. But, if you’re applying for more than one card bonus or you’d just like some ideas, we’ve got them for you.


MEETING CREDIT CARD BONUS SPENDING REQUIREMENTS Use Plastiq to pay with your card. Plastiq is a service that will allow you to pay for expenses that you wouldn't otherwise be able to with your card, such as rent, tuition, auto lease, mortgage payment, and more. They charge a 2.5% processing fee for using your credit card, but this will likely be worth the card bonus you'll obtain. They also have a referral program where you can earn "Fee-Free Dollars" to use towards processing fees. Fund Checking accounts with your card. Many banks will allow you to fund the opening deposit with a credit card. To make the most out of this opportunity, you should consider opening Checking accounts that also offer a sign-up bonus. That way, you're working your way towards bonuses from two different sources. Big banks like Chase and TD Bank have great offers and allow credit card funding. You can often fund anywhere from $500 to $1,000 towards the opening deposit with a credit card, depending on the bank. Buy gift cards with your credit card. Consider buying gift cards that you can then spend later at your leisure. Individual merchant cards (e.g. restaurant, gas station, supermarket) typically don't have purchase fees so this route won't cost you. On the other hand, American Express and gift cards will incur purchase fees. are also wonderful if you shop there often (no purchase fees either). Get some gift card ideas here. Be careful with Citi credit cards, as they tend to code gift card purchases as Cash Advances and you'll incur the fee. Call in to customer service and lower your Cash Advance limit to $0 before purchasing gift cards (it's a good idea to do this with any card in general). There are also options to buy discounted gift cards as well: (auctions can save you even more with patience) Other ideas. Be sure to always using your credit card for everyday spending, such as for dining, gas, groceries, etc. You can also use your credit card to pay for things like insurance bills, property taxes and income taxes, but you'll have to consider the convenience fees. More ways to meet the spending requirement

MEETING CREDIT CARD BONUS SPENDING REQUIREMENTS

Use Plastiq to pay with your card. Plastiq is a service that will allow you to pay for expenses that you wouldn't otherwise be able to with your card, such as rent, tuition, auto lease, mortgage payment, and more. They charge a 2.5% processing fee for using your credit card, but this will likely be worth the card bonus you'll obtain. They also have a referral program where you can earn "Fee-Free Dollars" to use towards processing fees.
Fund Checking accounts with your card. Many banks will allow you to fund the opening deposit with a credit card. To make the most out of this opportunity, you should consider opening Checking accounts that also offer a sign-up bonus. That way, you're working your way towards bonuses from two different sources. Big banks like Chase and TD Bank have great offers and allow credit card funding. You can often fund anywhere from $500 to $1,000 towards the opening deposit with a credit card, depending on the bank.
Buy gift cards with your credit card. Consider buying gift cards that you can then spend later at your leisure. Individual merchant cards (e.g. restaurant, gas station, supermarket) typically don't have purchase fees so this route won't cost you. On the other hand, American Express and gift cards will incur purchase fees. are also wonderful if you shop there often (no purchase fees either). Get some gift card ideas here. *Be careful with Citi credit cards, as they tend to code gift card purchases as Cash Advances and you'll incur the fee. Call in to customer service and lower your Cash Advance limit to $0 before purchasing gift cards (it's a good idea to do this with any card in general). There are also options to buy discounted gift cards as well:
- (auctions can save you even more with patience)
Other ideas. Be sure to always using your credit card for everyday spending, such as for dining, gas, groceries, etc. You can also use your credit card to pay for things like insurance bills, property taxes and income taxes, but you'll have to consider the convenience fees.

*More ways to meet the spending requirement

What’s The Competition?

Top competitor’s of the Quicksilver card with no annual fee include:

The Chase Freedom^®Card


The Chase Freedom^® credit card is going to earn you a $150 bonus after you spend $500 on purchases in the first 3 months from account opening. You can also earn another $25 bonus when you add your first authorized user and make your first purchase within this same 3 month period. People like this card because it earns 5% cash back on up to $1,500 in combined purchases in bonus categories that change every quarter. The downside is you have to keep up with the quarterly categories, and activate the category each quarter before you can earn the 5%. You'll earn 1% cash back on all other purchases.There's also a 0% intro APR for 15 months from account opening on both Purchases and Balance Transfers. After the intro period, a variable APR will take over. The Balance transfer fee is 5% of the amount transferred with a minimum of $5. Many people have this as a supplemental card to use specifically on the 5% category spending, and use other other cards when it's more beneficial. The categories change each quarter, but historically they have included things like gas stations, grocery stores, and holiday shopping. There's no annual fee to be concerned with, so it fits well with such a strategy. Full Review Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate Unlimited 1% cash back on all other purchases — it's automatic 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR. Balance transfer fee is 5% of the amount transferred, $5 minimum Enjoy new 5% categories every 3 months Cash Back rewards do not expire as long as your account is open No annual fee The information related to this card has been collected by stinkyspoke and has not been reviewed or provided by the issuer of this card. Card Details Hide Card Details

The Chase Freedom^® credit card is going to earn you a $150 bonus after you spend $500 on purchases in the first 3 months from account opening. You can also earn another $25 bonus when you add your first authorized user and make your first purchase within this same 3 month period.

People like this card because it earns 5% cash back on up to $1,500 in combined purchases in bonus categories that change every quarter. The downside is you have to keep up with the quarterly categories, and activate the category each quarter before you can earn the 5%. You'll earn 1% cash back on all other purchases.There's also a 0% intro APR for 15 months from account opening on both Purchases and Balance Transfers. After the intro period, a variable APR will take over. The Balance transfer fee is 5% of the amount transferred with a minimum of $5.

Many people have this as a supplemental card to use specifically on the 5% category spending, and use other other cards when it's more beneficial. The categories change each quarter, but historically they have included things like gas stations, grocery stores, and holiday shopping. There's no annual fee to be concerned with, so it fits well with such a strategy. Full Review

Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate
Unlimited 1% cash back on all other purchases — it's automatic
0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR. Balance transfer fee is 5% of the amount transferred, $5 minimum
Enjoy new 5% categories every 3 months
Cash Back rewards do not expire as long as your account is open
No annual fee

The information related to this card has been collected by stinkyspoke and has not been reviewed or provided by the issuer of this card.

Card Details

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The Citi Double Cash Card


The Citi Double Cash Card earns up to 2% cash back on all purchases. You'll earn 1% cash back for all purchases charged to the card. You'll then earn an additional 1% cash back when you pay off those purchases, as long as you pay at least the minimum due. There are no spending categories to keep up with. You'll also get a 0% Intro APR on Balance Transfers for 18 months. After that, the variable APR will be based on your creditworthiness. There's no annual fee with this card. Full Review Earn 2% cash back on purchases: 1% when you buy plus 1% as you pay Balance Transfers do not earn cash back 0% Intro APR on Balance Transfers for 18 months. After that, the variable APR will be based on your creditworthiness No categories to track, no caps on cash back, no annual fee Card Details Hide Card Details

The Citi Double Cash Card earns up to 2% cash back on all purchases. You'll earn 1% cash back for all purchases charged to the card. You'll then earn an additional 1% cash back when you pay off those purchases, as long as you pay at least the minimum due. There are no spending categories to keep up with.

You'll also get a 0% Intro APR on Balance Transfers for 18 months. After that, the variable APR will be based on your creditworthiness. There's no annual fee with this card. Full Review

Earn 2% cash back on purchases: 1% when you buy plus 1% as you pay
Balance Transfers do not earn cash back
0% Intro APR on Balance Transfers for 18 months. After that, the variable APR will be based on your creditworthiness
No categories to track, no caps on cash back, no annual fee

Card Details

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stinkyspoke Top Offer Picks With 16,000 ATMs and 5,100 branches throughout the United States, Chase Bank is second only to Wells Fargo with regards to the total number of branches. This makes the bonus offers from Chase extremely popular, and they always have several promotions to choose from. Full Review. ($200 bonus) ($150 bonus) ($350 in combined bonuses) ($300 bonus) ($200 bonus) ($100 bonus) Get a $750 Welcome Deposit for eligible new customers who open an account with qualifying activities.Get a $350 Welcome Deposit for eligible new customers who open an account with qualifying activities. Member FDIC. Apply online for a new TD Bank Checking account to earn either a $300 bonus for the TD Premier Checking account ( $2,500 in direct deposits required), or a $150 bonus for the TD Convenience Checking account ($500 in direct deposits required). This is a limited time offer. Full Review Barclays has two great card offers that should interest many who are looking for a solid travel rewards credit card. The has a 60,000 miles sign-up bonus worth $630 in travel. You'll be able to earn unlimited 2X miles on every purchase and there are no foreign transaction fees to worry about. . Full Review The ^®will earn you 75,000 miles each year (worth $750) if you spend $25,000 on purchases during the year. This credit card is intended for high spenders looking for a card to carry for the long-term. The card will earn unlimited miles at the rate of 2 miles per $1 spent on all purchases. . Full Review CIT Bank is offering a 1.85% APY rate with their Money Market Account for all balances. This account is available online nationwide and consistently offers one of the best rates in the nation. The minimum opening deposit is $100 and there are no fees for opening or maintaining the account. Full Review Ally Invest is one of the nation's top choices for a low-cost stock broker, and they now have a promotion where you can earn a cash bonus of $50 to $3500, as well as $500 in commission-free trades. Your cash bonus value will depend on your deposit amount made within 60 days of account opening. Full Review Simple Bank has an offer where you can earn a $20 bonus after opening their free online Checking account that's available nationwide. You'll then be able to earn unlimited $20 referral bonuses. Direct deposit isn't a requirement and all you and your referrals need to do is open a new account and use the Simple Visa debit card to make a first purchase. Full Review More Top Picks Hide

stinkyspoke Top Offer Picks

With 16,000 ATMs and 5,100 branches throughout the United States, Chase Bank is second only to Wells Fargo with regards to the total number of branches. This makes the bonus offers from Chase extremely popular, and they always have several promotions to choose from. Full Review.

- ($200 bonus)
- ($150 bonus)
- ($350 in combined bonuses)
- ($300 bonus)
- ($200 bonus)
- ($100 bonus)

Get a $750 Welcome Deposit for eligible new customers who open an account with qualifying activities.Get a $350 Welcome Deposit for eligible new customers who open an account with qualifying activities. Member FDIC.

Apply online for a new TD Bank Checking account to earn either a $300 bonus for the TD Premier Checking account ( $2,500 in direct deposits required), or a $150 bonus for the TD Convenience Checking account ($500 in direct deposits required). This is a limited time offer. Full Review

Barclays has two great card offers that should interest many who are looking for a solid travel rewards credit card.

The has a 60,000 miles sign-up bonus worth $630 in travel. You'll be able to earn unlimited 2X miles on every purchase and there are no foreign transaction fees to worry about. . Full Review

The ^®will earn you 75,000 miles each year (worth $750) if you spend $25,000 on purchases during the year. This credit card is intended for high spenders looking for a card to carry for the long-term. The card will earn unlimited miles at the rate of 2 miles per $1 spent on all purchases. . Full Review

CIT Bank is offering a 1.85% APY rate with their Money Market Account for all balances. This account is available online nationwide and consistently offers one of the best rates in the nation. The minimum opening deposit is $100 and there are no fees for opening or maintaining the account. Full Review

Ally Invest is one of the nation's top choices for a low-cost stock broker, and they now have a promotion where you can earn a cash bonus of $50 to $3500, as well as $500 in commission-free trades. Your cash bonus value will depend on your deposit amount made within 60 days of account opening. Full Review

Simple Bank has an offer where you can earn a $20 bonus after opening their free online Checking account that's available nationwide. You'll then be able to earn unlimited $20 referral bonuses. Direct deposit isn't a requirement and all you and your referrals need to do is open a new account and use the Simple Visa debit card to make a first purchase. Full Review

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