Capital One Introduces Enhanced Cash Back Card

June 26, 2013, Written By John H. Oldshue

The new Capital One Quicksilver credit card is a new cash back card that replaces the former Cash card.

Quicksilver pays 1.5% on every transaction and is extremely easy to understand. It has no spending tiers or limits, no rotating bonus categories, no required sign-ups and no expiration date for rewards. It is also a card with no annual fee.

Quicksilver offers a $100 bonus to a new cardholder that spends at least $500 during the first three months. Like other Capital One cards, it has no foreign transaction fee.

The Capital One Cash card had basically the same total rewards but a different payout schedule. The Cash card paid 1% on all transactions and an additional 0.5% on the cardholder’s anniversary date.

The information contained within this article was accurate as of June 26, 2013. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.