Capital One Quicksilver Student Cash Rewards Credit Card Review

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The Capital One Quicksilver Student Cash Rewards Credit Card is designed for students seeking a straightforward credit-building option. Earn unlimited 1.5% cash back on all purchases, with no need to track categories or maximize spending. Plus, get a $50 bonus after spending $100 within the first three months.

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Capital One Quicksilver Student Cash Rewards Card: Is It Worth It

Regarding student credit cards, the Capital One Quicksilver Student Cash Rewards Credit Card stands out for its simplicity, rewards, and low fees. Designed with college students and recent graduates in mind, this card offers valuable perks that can help you build credit while earning cash back. In this detailed review, we’ll explain everything you need about the Capital One Quicksilver Student Credit Card, including its cash-back rewards, fees, benefits, and whether it’s truly the best student option. If you’re looking for a student-friendly credit card that helps you earn rewards without extra costs, the Quicksilver Student Card could be the one for you.

Card Highlights:

  • Earn unlimited 1.5% cash back on all purchases with no limits or categories.
  • Enjoy a $50 bonus after spending $100 in the first three months from account opening.
  • There is no annual fee, making it an ideal choice for students on a budget.
  • There are no foreign transaction fees for purchases made outside the United States.
  • Redeem cash rewards back, gift cards, or statement credits with flexibility.
  • Rewards don’t expire for the life of the account, ensuring long-term value.
  • Access to 24/7 customer support for any issues or inquiries.

Rates and Fees:

Rates and Fees of the Capital One Quicksilver Student Cash Rewards Credit Card

Like all credit cards, the Capital One Quicksilver Student Card has some rates and fees you should know before applying:

  • Annual Fee: $0, making it a cost-effective option for students.
  • APR for Purchases: 19.24% – 29.24% variable APR based on your creditworthiness.
  • APR for Cash Advances: 29.24% variable APR, which may increase depending on your credit profile.
  • Balance Transfer Fee: For balance transfers, 3% or $5, whichever is greater.
  • Foreign Transaction Fees: None, allowing you to use the card abroad without extra charges.
  • Late Payment Fee: Up to $40, so making timely payments is essential to avoid fees.
  • Returned Payment Fee: Up to $40 if your payment is returned.

See Rates and Fees

What Sets the Capital One Quicksilver Student Cash Rewards Credit Card Apart?

Capital One Quicksilver Student Cash Rewards Credit Card Review

 

The Capital One Quicksilver Student Cash Rewards Credit Card stands out in a crowded market for student credit cards. With features that prioritize simplicity and transparency, this card can be a great way to earn unlimited cash back while building your credit history. Let’s dive into what makes this card appealing to students.

  1. Unlimited 1.5% Cash Back on Every Purchase

Unlimited 1.5 Cash Back on Every Purchase

Unlike many student credit cards, which limit cash-back rewards to specific categories like groceries, gas, or dining, the Capital One Quicksilver Student Card offers 1.5% cash back on every purchase. Whether buying textbooks, paying for your monthly subscriptions, or grabbing coffee with friends, you’ll earn some money back across all purchases. This makes it an easy-to-use card for anyone who wants straightforward rewards without considering spending categories.

  1. No Annual Fee, No Hidden Fees

One of the key features of the Quicksilver Student Card is its $0 annual fee. Many other student credit cards charge annual fees, but this card ensures that you don’t have to worry about paying an extra fee just for owning the card. Additionally, there are no foreign transaction fees, which means you can use the card internationally without incurring additional charges. This feature is handy for students who travel abroad for study programs, internships, or leisure.

  1. $50 New Cardmember Bonus

When you open a new account, you’ll earn a $50 cash bonus once you spend $100 within the first three months of opening your account. This bonus adds extra value to the card, making it an even better choice for students starting to build their credit.

  1. Rewards Don’t Expire

Unlike some credit cards that impose expiration dates on rewards, the Capital One Quicksilver Student Card offers unlimited rewards that don’t expire as long as your account remains open and in good standing. This means you can accumulate rewards over time without the pressure to use them quickly.

  1. Access to Capital One Mobile App and Eno Assistant

Managing your Quicksilver Student Card is easy with the Capital One Mobile App, which allows you to track your spending, make payments, and even check your credit score with CreditWise by Capital One. Eno, Capital One’s virtual assistant, also helps you stay on top of your account by sending instant purchase notifications and alerting you to unusual transactions. The app and Eno are convenient tools to ensure you stay on track financially.

Benefits: Capital One Quicksilver Student Cash Rewards Credit Card

Now, let’s dive deeper into the specific benefits that the Capital One Quicksilver Student Card offers to students, from travel perks to security features and redeeming rewards.

  1. Flexible Rewards Redemption

The Capital One Quicksilver Student Card offers flexible options for redeeming your cash-back rewards:

  • Statement Credit: You can apply your cash back rewards as a statement credit to reduce your monthly bill.
  • Gift Cards: Use your rewards for gift cards to popular retailers like Amazon or other stores.
  • PayPal Integration: Use your rewards for PayPal purchases, which is especially useful for online shopping.
  • Cover Purchases: Pay your rewards to cover recent purchases directly with your card.

Related: How to Use PayPal Credit in Stores without A Card and the top 101 stores that accept PayPal.

This flexibility ensures that you can redeem your rewards in a way that suits your lifestyle.

  1. Travel Benefits and Security Features

Capital One Quicksilver Student Card Travel Benefits

While many student credit cards don’t offer extensive travel benefits, the Quicksilver Student Card has several features that make it ideal for students who travel:

  • No Foreign Transaction Fees: Whether you’re studying abroad or taking a vacation, the Capital One Quicksilver Student Card does not charge extra fees for purchases made outside the U.S.
  • Travel Accident Insurance: When you use your card to purchase travel tickets, you get automatic travel accident insurance, which covers you in case of an accident during your trip.
  • 24-Hour Travel Assistance Services: You can rely on 24/7 travel assistance for emergency card replacement and cash advances in emergencies.

The card also provides extra security features, such as $0 fraud liability, so you’re never responsible for unauthorized charges if your card is lost or stolen.

  1. Extended Warranty Protection

The Capital One Quicksilver Student Card offers extended warranty protection on eligible purchases. If an item you purchase with the card breaks or malfunctions, you may qualify for an extension of the manufacturer’s warranty. This benefit adds extra peace of mind when making big-ticket purchases.

Comparing the Capital One Quicksilver Student Cash Rewards Credit Card with Other Similar Cards

Choosing the right credit card depends on your financial goals, credit level, and spending habits. Below is a detailed comparison of these three cards to help you decide.

Comparing the Capital One Quicksilver Student Cash Rewards Credit Card with Capital One Platinum Mastercard and Capital One Venture Rewards Credit Card

FeatureQuicksilver StudentPlatinum MastercardVenture Rewards
EligibilityLimited/Fair CreditFair CreditExcellent Credit
Annual Fee$0$0$95
Rewards1.5% cash back on every purchaseNone2 miles per dollar on all purchases; 5 miles on travel via Capital One Travel
Intro OfferNoneNone75,000 miles (spend $4,000 in 3 months)
APR (Purchases)19.24% - 29.24% variable APR29.74% variable APR19.99% - 29.24% variable APR
Foreign Transaction FeesNoneNoneNone
Balance Transfer Fee3% or $5 (greater)29.74% APR + feeAPR 19.99% - 29.24% + fee
Key BenefitsUnlimited rewards, no foreign feesFlexible payment datesHigh travel rewards, exclusive perks
Best ForStudents building credit and earning rewardsBuilding credit with no annual feeFrequent travelers with high spending

Comparison Analysis

The Capital One Quicksilver Student card is ideal for students starting their credit journey while earning unlimited cash back. It has no annual fee, competitive rewards rate, or foreign transaction fees, making it versatile.

The Capital One Platinum MasterCard focuses on credit-building but lacks rewards or intro bonuses. Its APR is higher, and it offers fewer features than the other two options.

The Capital One Venture Rewards card is best for frequent travelers. It provides high-mileage rewards, significant travel perks, and a robust intro offer but comes with a $95 annual fee.

Which Card is Worth Buying?

Build Your Credit History

If you’re a student, the Quicksilver Student Card is your best option for earning rewards while building credit. The Venture Rewards Card offers exceptional benefits for frequent travelers with excellent credit. Choose the Platinum MasterCard only if you’re focused solely on credit-building with no extra perks.

Why You Might Consider a Different Card than the Capital One Quicksilver Student Cash Rewards Card

While the Capital One Quicksilver Student Cash Rewards Credit Card offers many appealing benefits, it may not be the best fit for everyone. Depending on your credit history, spending habits, or specific needs, consider other cards that better align with your financial goals.

Here are some alternative credit cards that could be a better choice for different situations:

  1. Discover it® Student Cash Back

  • Why Consider It?
  • Suppose you’re a student and want to maximize cash back in specific categories. In that case, the Discover it® Student Cash Back offers 5% cash back on rotating categories (up to $1,500 in purchases each quarter) and 1% on other purchases. Plus, it matches your money back at the end of the first year.
  • Key Features:
    • No annual fee
    • 5% cash back on rotating categories
    • Introductory bonus: 100% match on first-year cash back
    • No foreign transaction fees
  1. Chase Freedom Student Credit Card

  • Why Consider It?
  • The Chase Freedom Student Credit Card is another excellent option for students. It offers a $50 cash back bonus after your first purchase and 1% cash back on all purchases. It also provides access to Chase’s Ultimate Rewards program, which can be beneficial if you want to redeem rewards for travel, gift cards, or statement credits.
  • Key Features:
    • No annual fee
    • $50 bonus after first purchase
    • 1% cash back on all purchases
    • Access to Chase Ultimate Rewards
  1. Citi Rewards+℠ Student Card

  • Why Consider It?
  • If you’re looking for rewards that stretch further, the Citi Rewards+℠ Student Card rounds up your purchases to the nearest 10 points, making even tiny purchases more rewarding. Plus, it offers 2x points at supermarkets and gas stations (up to $6,000 annually).
  • Key Features:
    • No annual fee
    • 2x points at supermarkets and gas stations
    • 1x points on other purchases
    • 10% points back on the first 100,000 points redeemed annually
  1. Bank of America® Cash Rewards Credit Card for Students

  • Why Consider It?
  • Bank of America® Cash Rewards Card for Students allows you to choose your 3% cash back category from a list of options, such as online shopping, gas, or dining. It’s ideal if you want more control over your cash-back rewards.
  • Key Features:
    • No annual fee
    • 3% cash back on your chosen category
    • 2% cash back at grocery stores and wholesale clubs
    • 1% on other purchases
  1. American Express Blue Cash Everyday® Card for Students

  • Why Consider It?
  • For students who spend more at supermarkets, gas stations, or department stores, the American Express Blue Cash Everyday® Card offers 3% cash back on supermarket purchases (up to $6,000 per year) and 2% cash back at gas stations and select department stores.
  • Key Features:
    • No annual fee
    • 3% cash back at supermarkets (up to $6,000 annually)
    • 2% cash back at gas stations
    • 1% on other purchases
  1. Wells Fargo Cash Back College Card

  • Why Consider It?
  • This card is perfect for students who want a straightforward cash-back card. It offers 3% cash back on purchases made during the first 6 months (up to $2,500) and 1% cash back on other purchases.
  • Key Features:
    • No annual fee
    • 3% cash back for first 6 months on purchases (up to $2,500)
    • 1% on all other purchases
    • Unique benefits for college students

In summary, while the Capital One Quicksilver Student Cash Rewards Credit Card is a solid choice, these alternative cards provide additional benefits, such as higher rewards in specific categories, introductory bonuses, and more flexible cash-back options. Whether you’re focused on earning cash back in specific areas or need a card with added features, one of these alternatives may be a better fit for you.

It’s essential to compare cards based on your spending habits and personal preferences to find the one that best suits your needs.

How to Apply for the Capital One Quicksilver Student Cash Rewards Credit Card

Applying for the Capital One Quicksilver Student Cash Rewards Credit Card is easy. Here’s how you can get started:

Eligibility Criteria

To be eligible for the Capital One Quicksilver Student Cash Rewards Credit Card, you must meet the following criteria:

  • Be a student aged 18 years or older
  • A valid Social Security number (SSN)
  • Enrolled in a two- or four-year college, university, or trade school
  • Have a good credit score (typically 670 or higher)
  • Must have a verifiable source of income

If you meet these criteria, you can proceed with the application process.

The Application Process

The application process for the Capital One Quicksilver Student Cash Rewards Credit Card is quick and easy. You can apply online through the Capital One website or by calling their customer service line. You will need to provide personal information such as your name, address, and Social Security number, as well as information about your income and employment.

Approval Process

Once you have submitted your application, a decision will typically be made within a few minutes. If approved, you can expect to receive your card in the mail within 7-10 business days. If additional information is needed, you may receive a notification requesting further documentation.

It’s important to note that even if you meet the eligibility criteria, there is no guarantee of approval. Your credit score and income will also be taken into consideration during the approval process.

Customer Service

  • Credit card customer service: 1-800-CAPITAL (227-4825)
  • Credit card outside the US: 1-804-934-2001
  • Customer Support: 1-844-348-8660

Conclusion:Capital One Quicksilver Student Cash Rewards: Is It Worth It

The Capital One Quicksilver Student Cash Rewards Credit Card offers a combination of straightforward rewards, no annual fees, and valuable travel perks, making it one of the best student credit cards available. Whether you’re a college student looking to earn rewards on everyday purchases or a recent graduate seeking to build credit, the Quicksilver Student Card is a solid choice. Its 1.5% cash back on every purchase, $50 bonus, and no foreign transaction fees provide great value and flexibility, especially for those who travel or want an easy-to-manage rewards card.

For those exploring other options, the Discover it Cash Back Credit Card offers 5% cash back on rotating categories and 1% on all other purchases. If you’re a student, the 2025 Capital One SavorOne Student Credit Card might also be worth considering, especially for dining and entertainment rewards. Alternatively, the Blue Cash Preferred Card is considered the best option for groceries and streaming services.

FAQs: Capital One Quicksilver Student Cash Rewards Credit Card Review

This card is designed for students currently enrolled or admitted and planning to enroll in the next three months at an accredited university, community college or other higher education institution.

After graduation, your Capital One Quicksilver Student Card will automatically transition into a regular Capital One Quicksilver Card, keeping all the same benefits. However, you can no longer access student-specific features, like the new cardmember bonus.

No, this card has no annual fee.

Yes, the Capital One Quicksilver Student Card has no foreign transaction fees, making it an excellent choice for international students or those traveling abroad for study programs, internships, or leisure.

No, this card does not charge foreign transaction fees.

You can easily lock your card through the Capital One Mobile App to prevent unauthorized charges.

You can earn unlimited 1.5% cash back on all purchases.

Yes, you can earn a one-time $50 bonus after spending $100 within the first three months from account opening.

Absolutely! The Capital One Quicksilver Student Cash Rewards Credit Card is designed for students looking to build or improve their credit. By making timely payments and keeping your balance low, you can create a solid credit history.

Yes, there is a balance transfer fee associated with the card if you're transferring balances from another card, factor in the Fee before deciding.

7.3Expert Score
Student
The Capital One Quicksilver Student Cash Rewards Credit Card is designed for students seeking a straightforward credit-building option. Earn unlimited 1.5% cash back on all purchases, with no need to track categories or maximize spending. Plus, get a $50 bonus after spending $100 within the first three months.
student rating
9.2
Introductory Offer:
2
Interest and Fees
8.4
Rewards Program
10
Features
6
Issuer Customer Experience
8
PROS
  • There are no minimum requirements for redeeming rewards.
  • No annual fees or foreign transaction fees.
CONS
  • Potential distraction for undisciplined spenders.
  • Possibility of earning more cashback with a different rewards credit card based on spending habits.

Specification: Capital One Quicksilver Student Cash Rewards Credit Card Review

Best For:

Flat Rate Cash Rewards for Students

Intro Offer:

$50

Rewards

1.5% cash back on every purchase, Earn 10% cash back on purchases made through Uber

Annual Fee:

No Annual Fee

Regular APR:

19.24% – 29.24% variable APR

Intro Balance Transfers APR:

N/A

Intro Purchase APR:

N/A

Intro Purchase APR Period:

N/A

Balance Transfers Fee:

4% of the amount of each transferred balance

Foreign Transaction Fee

No Foreign Transaction Fee

Cash Advance Fee

Either $5 or 5% of the amount of each cash advance, whichever is greater.

Late Payment Fee:

Up to $40.

Cash Equivalent Fee

N/A

Convenience Check Fee

N/A

Returned Payment Fee:

N/A

Over Limit Fee:

N/A

ExtendPay Fee

N/A

Credit Card Limit:

Does not have a credit limit

Credit Card Type

FLAT-RATE REWARDS

Credit Card Features

Extended Warranty Program, Free Credit Score, No Foreign Transaction Fee, Price Protection

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