Capital One Platinum vs. Quicksilver (Credit Limit, APR, Fees)

Platinum: Great for folks with average credit who want to improve their credit score.

Quicksilver: Perfect for those with good to excellent credit who love earning cash back on their purchases.

Platinum: No rewards here, but it’s all about building credit, right?

Quicksilver: You’ll get 1.5% cash back on every purchase daily—a pretty sweet deal.

Platinum: No annual fee, so you can focus on improving your credit without extra costs.

Quicksilver: Also, no annual fee means more cash back in your pocket.

Platinum: None—but remember, it’s all about building your credit.

Quicksilver: You can enjoy a 0% intro APR on purchases and balance transfers for the first 15 months. After that, it’s a variable APR based on your creditworthiness.

Still have questions?

Let’s take a closer look at Quicksilver and Platinum cards individually:

This card is perfect for people with average credit who want to boost their credit score. Use the card responsibly and make your payments on time, and you’ll be on your way to a better credit history.

If you’ve ever looked for ways to build a good credit score, you already know this—secured credit cards are your go-to.

But there are unsecured credit cards that will let you boost your score without depositing money upfront—and yes, the Capital One Platinum is one of them.

To cover all the bases here, if you prefer to make a deposit and earn rewards (as you’ll see, the Platinum card doesn’t offer them), you can choose the credit card.

You don’t have to worry about yearly fees with the Capital One Platinum card. That’s one less expense to think about.

Capital One has your back with their $0 Fraud Liability policy if your card is ever lost or stolen. You won’t be on the hook for any unauthorized charges.

Watch your credit progress with Capital One’s free CreditWise tool. It helps you monitor your credit score and gives you tips on how to improve it.

Stay on top of your finances with customizable account alerts and autopay options. You can set up reminders for due dates, payment postings, and more.

Capital One may reward you with a higher credit line if you make your first six monthly payments on time. That’s a nice bonus for being responsible with your card.

As Michael Diamond, Financial Literacy Expert at MDFinancial Skills, says:

Boosting your credit score might prove difficult because it seems like such an abstract goal, but a credit card that offers rewards for on-time payments will motivate you to stay on track.

Platinum is the best Capital One credit card for building credit without a security deposit.

With the Quicksilver card, you’ll earn a flat 1.5% cash back on every purchase. There are no rotating categories or spending caps to worry about, so you can enjoy hassle-free rewards.

On top of that, you can earn 5% on hotels and rental cars booked using the Capital One Travel account.

As a new cardholder, you can earn a one-time $200 cash bonus if you spend $500 on purchases within the first three months from account opening.

The card offers a 0% intro APR on purchases and balance transfers for the first 15 months. After that, there’s a variable APR based on your creditworthiness.

The Quicksilver card has no annual fee, which means you can maximize your cash back earnings without worrying about offsetting costs.

The card comes with a few extra perks, such as extended warranty protection, travel accident insurance, Uber One membership, and 24/7 access to Capital One’s customer service.

Good news for travelers—the Quicksilver card has no foreign transaction fees, making it a convenient option for international spending.

The Capital One Quicksilver card is an excellent choice for those who want a simple, no-fuss cash back rewards program with no annual fee and a few additional benefits.

Related articles:

22 Best Cashback Credit Cards

20 Top Travel Credit Cards

This is one of the best Capital One credit cards for earning rewards for those with excellent credit scores, with a $0 annual fee.

Both cards have no annual fee, which is great for those who want to use the card to earn rewards without worrying about accumulating any costs.

When it comes to APR, the Platinum card has a fixed rate of 29.99%, while the Quicksilver card offers a 0% intro APR for the first 15 months, followed by a variable APR ranging from 19.74% to 29.74% based on your creditworthiness.

The cards score pretty much the same for cash advances and the APR for cash advances.

As for balance transfers, Capital One Platinum charges a consistent 3% fee.

The Quicksilver card charges 3% for the first 15 months during its 0% APR intro period. After that, there is no transfer fee—but you’ll be paying the standard APR on each transferred balance. So the Quicksilver card is, hands-down, a winner for balance transfers.

The Capital One Quicksilver card is the clear winner when it comes to rewards, offering cash back on purchases and travel bookings.

The Platinum card focuses on helping cardholders build (or rebuild) their credit without a rewards program.

The QuicksilverOne Rewards card is a good option for those with average credit who want to earn cash back while improving their credit score, but it comes with a $39 annual fee.

See the table below for Capital One cards comparison:

The card (mentioned earlier) is a secured version of the Capital One Platinum.

It requires a refundable security deposit of $200—but ‌you earn 1.5% cash back on every purchase.

So, if you can splurge on the deposit, the secured card would make you some change. It’s good for boosting credit, too.

The Capital One Quicksilver Card and Chase Freedom Unlimited® are both cash back credit cards—they offer similar rewards structures but have some differences in terms of additional benefits.

Chase Freedom Unlimited® offers 5% cash back on travel purchased through Chase Ultimate Rewards, 3% cash back on dining and drugstore purchases, and 1.5% cash back on all other purchases.

New cardholders can earn a $200 bonus if they spend $500 in the first three months.

It also has additional benefits—like purchase protection and extended warranty protection.

Both cards offer attractive cash back rewards, but the Chase Freedom Unlimited® has a tiered rewards structure with higher cash back rates in specific categories.

The Capital One Quicksilver Card offers a simpler flat-rate cash back structure and has no foreign transaction fees, so it’s a better option for international spending.

The Capital One Quicksilver card and the VentureOne Rewards from Capital One are both credit cards designed for those with good to excellent credit.

But they cater to different preferences—with the Quicksilver focusing on cash back rewards and the VentureOne targeting travel rewards.

The VentureOne Rewards card offers 1.25 miles per dollar on every purchase.

New cardholders can earn a one-time bonus of 20,000 miles after spending $500 on purchases within the first 3 months from account opening (equal to $200 in travel).

There are some additional travel benefits like travel accident insurance and 24-hour travel assistance services.

The VentureOne Rewards card has no foreign transaction fee, and it offers miles that can be redeemed for travel expenses so it’s a perfect choice for those who travel a lot.

Now let’s compare the Capital One Quicksilver Card and the SavorOne Rewards.

SavorOne Rewards card seems to be a better option with its generous cash back on dining, entertainment, and groceries. (Or is it just the Joey Tribbiani in us talking?)

Both cards have no annual fee and no foreign transaction fees, making them good options for traveling.

Want more? Check out the best cashback cards.