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.
Slickdeals may be compensated by Capital One.
Original Post
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Edited January 31, 2023
at 01:25 PM
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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.
Slickdeals may be compensated by Capital One.
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I have 750 FICO and churn credit cards pretty routinely. I got approved. I have a cap one checking account and savings account. Used to have the venture card and closed it like 3 months ago (only used it to get bonus).
I have 750 FICO and churn credit cards pretty routinely. I got approved. I have a cap one checking account and savings account. Used to have the venture card and closed it like 3 months ago (only used it to get bonus).
300 with 18 months no interest heading into the holiday season? Those that are building credit and need another card, good deal.
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So I definitely don't go as hard as a lot of the churners and no where near what the serious churners do. I typically wait until I'm planning on making larger purchases(Christmas, Birthdays, new TV, new computer build, etc) and then I do em at that time.
That all being said, my score never really drops below ~840ish. I'll attach a photo here to give a rough representation(25 total cards, 11 active, 14 closed, again 23 of those are over the last ~5yr at a rate of 4-5 per year), I churned two cards recently(one in November and one in October) so you can see the score drop very vividly(18 points, 865>847), but it is nothing major and definitely not something to worry about if you have a good score and good history. I'd be interested to see something similar for a person who churns 10+ cards a year though.
https://imgur.com/IZxVEtN
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