Pros

Unlimited Cash Back: The Capital One Quicksilver Cash Rewards Card offers unlimited 1.5% cash back on all purchases.

No Annual Fee: This card comes with no annual fee, providing more value for cardholders.

Introductory Bonus: Cardholders can earn a one-time $200 cash bonus after spending $500 on purchases within the first 3 months from account opening.

0% Intro APR: Offers 0% intro APR on purchases for 15 months.

No Foreign Transaction Fees: You won’t pay a transaction fee when making a purchase outside of the United States.

Travel Accident Insurance: Get automatic insurance for a covered loss at no extra charge when you use your credit card to purchase your fare.

Cons

Limited Additional Benefits: Lacks some of the travel and shopping perks provided by other similar credit cards.

No Bonus Categories: Unlike some cards, this one doesn't offer any bonus categories where you could earn more cash back.

Requires Good to Excellent Credit: To qualify for this card, users need to have good to excellent credit.

Why Choose It

The Capital One Quicksilver Cash Rewards Card is a versatile everyday card that offers an uncomplicated, flat-rate cash back program. Its simple approach, no annual fee, no foreign transaction fee and generous introductory offer make it a solid option for those seeking to earn rewards without worrying about rotating categories. While its relative dearth of rewards categories may turn some people away. But the 1.5% unrestricted cash back on all purchases, combined with an attractive 0% introductory APR on purchases, makes this card a hard choice for those with good and excellent credit scores to turn down.