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Capital One Quicksilver Cash Rewards Credit Card: Earn $200 Cash Bonus with Expired

$500 Spent
within 3 Months of Account Opening
+401 Deal Score
1,199,211 Views
Update: This popular deal is still available.

Capital One is offering a $200 cash bonus after you spend $500 on purchases in the first 3 months of account opening with the Capital One Quicksilver Cash Rewards Credit Card. Annual fee is $0.

Thanks to staff member Bri21 for finding this deal.

  • Earn a one-time $200 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
  • $0 annual fee and no foreign transaction fees
  • Enjoy up to 6 months of complimentary Uber One membership statement credits through 11/14/2024
  • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply
  • 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 and balance transfers for 15 months; 19.24%-29.24% variable APR after that; 3% fee on the amounts transferred within the first 15 months



Slickdeals may be compensated by Capital One.

Original Post

Written by
Edited January 31, 2023 at 02:25 PM by
Capital One is offering a $200 cash bonus after you spend $500 on purchases in the first 3 months of account opening with the Capital One Quicksilver Cash Rewards Credit Card. Annual fee is $0.

  • Earn a one-time $200 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
  • $0 annual fee and no foreign transaction fees
  • Enjoy up to 6 months of complimentary Uber One membership statement credits through 11/14/2024
  • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply
  • 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 and balance transfers for 15 months; 19.24%-29.24% variable APR after that; 3% fee on the amounts transferred within the first 15 months


Slickdeals may be compensated by Capital One.
Created 02-03-2021 at 11:08 AM by Bri21
If you take advantage of an offer on our site, Slickdeals may receive a commission.
Deal
Score
+401
1,199,211 Views
$500 Spent
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Featured Comments

I have 805 fico and they decline my Application for Venture credit card and wasted 1 credit check. I won't be applying any Capital one credit card anytime soon.
Call the reconsideration line, could be an error on the app or a typo. Happened to me before
Keep in mind that you'll also get a hard pull from all 3 bureaus anytime you apply for a Capital One credit card.

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Joined Apr 2018
L5: Journeyman
> bubble2 867 Posts
158 Reputation
pilotd
01-24-2022 at 11:15 PM.
01-24-2022 at 11:15 PM.
Quote from SofterRock :
Never close a card with no annual fee. There's no logical reason in most cases to do so
1. Managing a lot of cards is tough. You should be checking activity regularly so you can catch any fraudulent charges. That's a lot of work if you have dozens of cards.

2. I worked in credit underwriting for a few years, and we denied people all the time for having too much available credit. Your credit score is meaningless to a lot of decision engines. They're looking at payment history, debt to income ratio, and available credit to income ratio. I once declined the manager of a Ferrari Dealership with an 820 credit score and $300k in income, simply because he already had $200k in credit open to him.

I personally open and close cards fairly regularly, but I always keep my 3-4 oldest because I need those to keep my average age of credit high.
Reply
Last edited by pilotd January 24, 2022 at 11:17 PM.
Joined Nov 2020
L2: Beginner
> bubble2 44 Posts
14 Reputation
BeigeBreakfast3043
01-25-2022 at 12:49 PM.
01-25-2022 at 12:49 PM.
I will never take any capitalone card. They didn't give my rewards
1
Reply
Joined Aug 2018
L1: Learner
> bubble2 22 Posts
10 Reputation
SofterRock
01-28-2022 at 12:28 PM.
01-28-2022 at 12:28 PM.
Quote :
Quote from pilotd :
1. Managing a lot of cards is tough. You should be checking activity regularly so you can catch any fraudulent charges. That's a lot of work if you have dozens of cards.

2. I worked in credit underwriting for a few years, and we denied people all the time for having too much available credit. Your credit score is meaningless to a lot of decision engines. They're looking at payment history, debt to income ratio, and available credit to income ratio. I once declined the manager of a Ferrari Dealership with an 820 credit score and $300k in income, simply because he already had $200k in credit open to him.

I personally open and close cards fairly regularly, but I always keep my 3-4 oldest because I need those to keep my average age of credit high.
pilotd1. Managing a lot of cards is tough. You should be checking activity regularly so you can catch any fraudulent charges. That's a lot of work if you have dozens of cards.

2. I worked in credit underwriting for a few years, and we denied people all the time for having too much available credit. Your credit score is meaningless to a lot of decision engines. They're looking at payment history, debt to income ratio, and available credit to income ratio. I once declined the manager of a Ferrari Dealership with an 820 credit score and $300k in income, simply because he already had $200k in credit open to him.

I personally open and close cards fairly regularly, but I always keep my 3-4 oldest because I need those to keep my average age of credit high..1
1. Managing a lot of cards is very simple when you use the mobile app. Fraud alerts are easy to turn on and if you do not use your cards on any sketchy site then you really shouldn't have anything to worry about. I would also recommend freezing your credit with all 3 bureaus to prevent unauthorized loans/cards being opened in your name.
2. I agree that you can be denied for having too much available credit. Which is why you should call and ask them to lower your credit limit instead of immediately closing an account and reducing average age of accounts.
At the end of the day people can do whatever they want their own credit idrc. Your credit underwriting job also sounds very interesting.
Reply
Joined Jan 2022
New User
> bubble2 1 Posts
10 Reputation
NervousWater809
01-31-2022 at 02:30 PM.
01-31-2022 at 02:30 PM.
When does this deal expire?
Reply
Joined Sep 2018
L2: Beginner
> bubble2 32 Posts
14 Reputation
Nuvra
02-03-2022 at 01:22 PM.
02-03-2022 at 01:22 PM.
Quote from mhammoud6704 :
Call the reconsideration line, could be an error on the app or a typo. Happened to me before

I just got approved for 15k and am under 800. Might want to pull a report to see what's going on with your report
1
Reply
Joined May 2007
God Help Me! Must Buy!
> bubble2 7,450 Posts
2,777 Reputation
Pro
DonV1962
02-04-2022 at 07:20 PM.
02-04-2022 at 07:20 PM.
Quote from njguy545 :
Not recommended to sign up for a credit to get $200 bonus and then be 20k in debt and destroy your credit, not a good deal
I assume that is why you are poor. You may notice to get poor and in debt it takes some work and really bad decisions. Rational people don't work and come out $200 to the plus side.
3
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Joined Sep 2017
L2: Beginner
> bubble2 29 Posts
14 Reputation
whittonm
02-07-2022 at 04:47 PM.
02-07-2022 at 04:47 PM.
Quote from tygron :
Sofi: "The $0-annual-fee card earns 2% unlimited cash back on eligible purchases when redeemed toward investing, saving or paying down an eligible loan with SoFi.".

Most people that get cash back cards just want to apply it towards their monthly statement or get gift cards or whatever. If you have a loan/account with SoFi it's a pretty good option. But it's a niche market.

The PayPal card looks pretty good too. You need a PayPal account, which not everyone has or wants to use. But that's not really much of a gatekeeper to getting the card.

Chase, Amex, and Capital One offer a more diverse lineup, better rewards (especially on travel rewards cards), and Chase even lets you pool "cash back" earned on the Freedom cards to full featured Ultimate Rewards points. All three also offer better benefits on their cards, especially during Covid.

But I guess if you only use PayPal then you could go that route. And if you have a SoFi loan you could go that route. But again, niche market.

Edit: The Citi Double cash card is 2% and I would pick that over PayPal or SoFis offering any day of the week.
paypal synchrony card has 3% foreign transaction fee. 😒
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Joined Jan 2015
L3: Novice
> bubble2 221 Posts
54 Reputation
rmd-87
02-08-2022 at 04:40 PM.
02-08-2022 at 04:40 PM.
Quote from justye :
I hear nothing but bad things about Capital One. Everything from being super stingy with credit limit increases to rejecting people for no apparent reason. It's insane reading people here with 800+ credit scores being rejected.
Makes sense. Except for the signup bonus and Eno virtual cards, these cards are worthless with respect to the rewards. So, if people have many other cards, they probably will not use this at all - like me.
Reply
Joined Oct 2012
L4: Apprentice
> bubble2 315 Posts
50 Reputation
mdbrown9999
02-08-2022 at 05:56 PM.
02-08-2022 at 05:56 PM.
Quote from mitchflorida :
Don't bother, they seem to reject people with very good credit but who have many cards with other banks.
it probably about the timespan between credit card pulls.
Reply
Joined Nov 2011
Archduke of Totality
> bubble2 720 Posts
65 Reputation
abramowicz
02-08-2022 at 07:00 PM.
02-08-2022 at 07:00 PM.
Capital one is cancer, utter CS and security incompetence, stay away for your own good.
Reply
Joined Nov 2019
New User
> bubble2 1 Posts
10 Reputation
SmilingCatfish462
02-09-2022 at 04:29 PM.
02-09-2022 at 04:29 PM.
stay away from CAP ONE
Reply
Joined Jan 2008
L5: Journeyman
> bubble2 920 Posts
319 Reputation
MikeyMarginal
02-09-2022 at 06:42 PM.
02-09-2022 at 06:42 PM.
Quote from SmilingCatfish462 :
stay away from CAP ONE
It's that bad? $300 seems good. 360 Checking account works fine I think
Reply
Joined Apr 2004
L4: Apprentice
> bubble2 384 Posts
213 Reputation
Pro
lex2
02-10-2022 at 05:58 PM.
02-10-2022 at 05:58 PM.
Quote from damasterjj :
I have 805 fico and they decline my Application for Venture credit card and wasted 1 credit check. I won't be applying any Capital one credit card anytime soon.
Ditto here. Couldn't have a better credit score, 800+, yet they claim I have too many credit cards and denied my application.Cool

I just got approved for a store branded card that offers 15% off on first purchase, instantly.

I feel Captital One is running an algorithm to figure out we will cash out the bonus andthen never use the card again. They won't make money from those of us who never carry a balance.

Wouldn't be surprised if others follow this algo.

Oh, well. I did learn something new. There's now a 4th credit bureau out there, LexisNexis Risk Solutions Inc. I'll take advantage in the opportunity to get a batch of free credit reports to review.
Reply
Last edited by lex2 February 10, 2022 at 06:06 PM.
Joined Jun 2010
L6: Expert
> bubble2 1,686 Posts
254 Reputation
HansGruber
02-11-2022 at 09:45 AM.
02-11-2022 at 09:45 AM.
Quote from lex2 :
Ditto here. Couldn't have a better credit score, 800+, yet they claim I have too many credit cards and denied my application.Cool

I just got approved for a store branded card that offers 15% off on first purchase, instantly.

I feel Captital One is running an algorithm to figure out we will cash out the bonus andthen never use the card again. They won't make money from those of us who never carry a balance.

Wouldn't be surprised if others follow this algo.

Oh, well. I did learn something new. There's now a 4th credit bureau out there, LexisNexis Risk Solutions Inc. I'll take advantage in the opportunity to get a batch of free credit reports to review.
You can't have an 800+ credit score if you have too many credit cards. If a person has a 800+ credit, why would they waste their time for $200-300 on a credit card application?
1
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Joined Apr 2018
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> bubble2 867 Posts
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pilotd
02-11-2022 at 10:20 PM.
02-11-2022 at 10:20 PM.
Quote from HansGruber :
You can't have an 800+ credit score if you have too many credit cards. If a person has a 800+ credit, why would they waste their time for $200-300 on a credit card application?
Sure you can. Credit score doesn't mean as much as they want you to think.

And what's the point of having great credit if you aren't going to use it to save yourself money?
Reply
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