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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
1,223,791 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.




Slickdeals may be compensated by Capital One.

Original Post

Written by
Edited January 31, 2023 at 01:25 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.



Slickdeals may be compensated by Capital One.
Created 02-03-2021 at 10:08 AM by Bri21
in Credit Cards (2) Capital One - Bank Advertiser
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Deal
Score
+401
1,223,791 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 Jan 2014
L4: Apprentice
> bubble2 385 Posts
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SlickForYou
12-15-2022 at 08:53 PM.
12-15-2022 at 08:53 PM.
Got approved with ~840. Targeted $300 offer. When asked if I hold balance I said no.
1
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Joined Nov 2012
L1: Learner
> bubble2 104 Posts
29 Reputation
yahooeu
12-16-2022 at 03:51 PM.
12-16-2022 at 03:51 PM.
Quote from LostGrendel View quoted comment :
Capital One has two versions of the card. One is for excellent credit and includes the sign up bonus. The other version is for those with "good" credit and it doesn't have the bonus. If they consider your credit profile doesn't fit with them for the first card, they'll offer you the other version of the card. That's probably what happened in your case.
Thank you
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Joined Jun 2014
L6: Expert
> bubble2 1,132 Posts
732 Reputation
elitesoldier
12-18-2022 at 01:01 AM.
12-18-2022 at 01:01 AM.
I got the 300 bonus on 500 spend offer in the mail today.

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).
1
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Joined Dec 2017
New User
> bubble2 2 Posts
10 Reputation
darkmatterberries
12-18-2022 at 03:05 PM.
12-18-2022 at 03:05 PM.
Quote from elitesoldier View quoted comment :
I got the 300 bonus on 500 spend offer in the mail today.

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).
Why would you close the venture card? That would lower your available credit and increase your utilization percentage, essentially lowering your credit score, no?
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Joined Mar 2005
Renaissance Man
> bubble2 6,624 Posts
1,999 Reputation
PedroR
12-18-2022 at 03:07 PM.
12-18-2022 at 03:07 PM.
never take a hard for <500
4
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Joined May 2006
L10: Grand Master
> bubble2 26,709 Posts
3,421 Reputation
namlook
12-18-2022 at 03:10 PM.
12-18-2022 at 03:10 PM.
Interesting that they turn people down with really high scores that pay their bills and accept people with much lower scores. Sounds like they want people that will keep a balance and pay them extra fees.
1
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Last edited by namlook December 18, 2022 at 03:13 PM.
Joined Jan 2014
L4: Apprentice
> bubble2 385 Posts
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SlickForYou
12-18-2022 at 10:27 PM.
12-18-2022 at 10:27 PM.
Quote from PedroR View quoted comment :
never take a hard for <500

300 with 18 months no interest heading into the holiday season? Those that are building credit and need another card, good deal.
Reply

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Joined Jun 2014
L6: Expert
> bubble2 1,132 Posts
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elitesoldier
12-19-2022 at 12:10 AM.
12-19-2022 at 12:10 AM.
Quote from darkmatterberries View quoted comment :
Why would you close the venture card? That would lower your available credit and increase your utilization percentage, essentially lowering your credit score, no?
So I can churn the sign up bonus if it ever need to again. If you already have the card how can you sign up to get another bonus? I don't carry any balance on my credit cards. Just sign up for bonus then close then after a couple months/years. My credit score used to be around 825 and now around 750. If I ever go below 700 then I'll probably hold off on churning to rebuild my score.
1
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Joined Jun 2010
L6: Expert
> bubble2 1,729 Posts
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HansGruber
12-19-2022 at 09:20 PM.
12-19-2022 at 09:20 PM.
Quote from elitesoldier View quoted comment :
So I can churn the sign up bonus if it ever need to again. If you already have the card how can you sign up to get another bonus? I don't carry any balance on my credit cards. Just sign up for bonus then close then after a couple months/years. My credit score used to be around 825 and now around 750. If I ever go below 700 then I'll probably hold off on churning to rebuild my score.
This is an honest post. A card churner who admits his card churning practices has reduced his credit score to a respectable 750. There are forum members who claim to have 800+ scores who churn credit card bonuses and insist their credit score is still 800+. Applause
2
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Joined Nov 2013
L1: Learner
> bubble2 23 Posts
18 Reputation
Siang1S
12-20-2022 at 12:36 AM.
12-20-2022 at 12:36 AM.
Quote from HansGruber View quoted comment :
This is an honest post. A card churner who admits his card churning practices has reduced his credit score to a respectable 750. There are forum members who claim to have 800+ scores who churn credit card bonuses and insist their credit score is still 800+. Applause
It's definitely possible to do so and I'd consider myself a "responsible" churner perhaps. For the first 15 or so years of my credit history I only ever had two credit cards, so I built up quite a nice history with those. Then over the past ~5 years I've done 4-5 cards a year, typically ranging from $800-$1000 worth of free money/bonuses/etc spread over all the 4-5 cards for that specific year. I typically stay away from the miles/travel/etc type bonuses unless I know I specifically plan on using them for a vacation or trip very soon thereafter. Primarily sticking to the pure cashback on spend type bonuses.

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
1
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Joined Jan 2005
L10: Grand Master
> bubble2 7,953 Posts
860 Reputation
Starrx05
12-21-2022 at 04:56 PM.
12-21-2022 at 04:56 PM.
Anyone knows their rules for the bonus if we had this card and got the bonus before but already closed the card? I couldn't find any info online or a number from their marketing dept to call.
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Joined Dec 2010
L4: Apprentice
> bubble2 3,340 Posts
98 Reputation
radars
12-21-2022 at 08:13 PM.
12-21-2022 at 08:13 PM.
Can previous account holder still receive the opening bonus $200?
Reply
Joined Sep 2007
L5: Journeyman
> bubble2 668 Posts
37 Reputation
happyusmle
12-24-2022 at 08:47 AM.
12-24-2022 at 08:47 AM.
scam! declined an optional for a credit line $10k without bonus
Reply
Joined Mar 2008
L7: Teacher
> bubble2 2,262 Posts
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Pro
earthdogmonster
12-25-2022 at 03:17 PM.
12-25-2022 at 03:17 PM.
Got targeted $300 offer a couple weeks back, approved for 20k credit line. Credit score probably around 810 (don't really check my score that often).
1
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Joined Sep 2010
L5: Journeyman
> bubble2 908 Posts
217 Reputation
mew0o
12-25-2022 at 03:22 PM.
12-25-2022 at 03:22 PM.
I got approved for the 300 back after spending 500 promo, and my question is... does any type of purchase qualify? For example, could I just buy some gift cards and call it a day?
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