Capital One’s New Quicksilver Card Responds to Consumer Demand for Easy Cash
New Quicksilver Cash Rewards Card Offers 1.5% Cash Back On Every Purchase, Every Day Without Complicated Restrictions and Category Caps
"A flat rate of 1.5% earn rate on all purchases from this new
Quicksilver card is a very compelling value proposition," said
Many cash back cards today limit the amount of rewards consumers can earn by putting caps on the cash back earned and requiring them to repeatedly sign up for narrow or rotating bonus categories. *In fact, more than half of consumers who have a cash rewards credit card say they’d be frustrated if they had to activate their card every quarter in order to earn higher cash back on specific categories. Capital One’s Quicksilver has no limits on the amount of cash back that can be earned and there are no rotating categories or sign-ups needed to earn the full 1.5% cash back.
“When we talk with consumers, we hear over and over how dissatisfied
they are with the complex structure of their cash rewards cards,” said
Quicksilver is designed to offer great value and an easy and flexible redemption process so customers can truly enjoy their cash back rewards. What’s more, there is no limit to how much cash you can earn and the cash back rewards don’t expire. Once customers earn their cash back, Quicksilver makes it easy for them to redeem those rewards at anytime via a check, statement credit, gift card or a charitable donation.
Features of Capital One Quicksilver® Cash Rewards Credit Card include:
- UNLIMITED 1.5% cash back on every purchase, every day
-
ONE-TIME
$100 BONUS (once you spend$500 in the first three months) - NO COMPLICATED SIGN-UPS required
- NO LIMITS to the amount of cash that can be earned
- NO MINIMUMS that make redeeming cash rewards difficult
- NO EXPIRATION DATE for rewards
- NO FOREIGN TRANSACTION FEES like all other Capital One cards
"Capital One's Quicksilver really raises the bar for cash back cards,"
says
For more information about the new Capital One Quicksilver Cash Rewards Credit Card visit www.capitalone.com/credit-cards/quicksilver-cash-rewards.
*Rewards Restrictions Study,
About Capital One
Source:
Capital One Financial Corporation
Sukhi Sahni, 703-720-2390
sukhi.sahni@capitalone.com