If you're looking for a credit card with no annual fee and introductory 0% APR offers, you may be considering the Capital One Quicksilver Cash Rewards and the BankAmericard. The Capital One Quicksilver is the better choice for cash back rewards and a sign-up bonus, offering a one-time $200 cash bonus and unlimited 1.5% cash back on every purchase. In contrast, the BankAmericard is better for people prioritizing a longer 0% introductory APR period for purchases and balance transfers.
Capital One Quicksilver Cash Rewards Credit Card
vs. BankAmericard® Credit Card
Updated: April 22, 2024
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Capital One Quicksilver Cash Rewards Credit Card
BankAmericard® Credit Card
MoneyGeek Rating
3.8/ of 5
- Regular APR19.99% - 29.99% variable16.24% – 26.24% variable0% APR Offer0% for 15 months on purchases0% intro APR for first 18 billing cyclesBalance Transfer Offer0% for 15 months on balance transfers0% intro APR for first 18 billing cyclesAnnual Fee$0$0Rewards SummaryEarn unlimited 1.5% cash backEarn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply Earn unlimited 1.5% cash back on every purchase, every day-Recommended Credit670-850 (Good to Excellent)670-850 (Good to Excellent)Not sure?
Capital One Quicksilver Cash Rewards vs. BankAmericard: Which Is Better for You?
You might prefer the Capital One Quicksilver Cash Rewards if: you value earning rewards on your everyday spending. This card offers a one-time $200 cash bonus after you spend $500 on purchases within three months from account opening, and you'll earn unlimited 1.5% cash back.
You might prefer the BankAmericard if: you're looking for a longer introductory APR period to make a large purchase or transfer a balance. The card offers a 0% intro APR for the first 18 billing cycles for purchases and any balance transfers made in the first 60 days, which can provide significant savings on interest. While it doesn't offer rewards or a welcome bonus, it's a strong contender for people focused on debt management and seeking to avoid interest charges in the short term.
MoneyGeek's Take on the Capital One Quicksilver Cash Rewards
The Capital One Quicksilver Cash Rewards garners a MoneyGeek Balance Transfer Card Rating of 3.7 out of 5, reflecting its solid balance transfer offer. With a no annual fee structure and a straightforward rewards program, this card is a practical choice for everyday spending. Cardholders enjoy an unlimited 1.5% cash back on every purchase, which can add up quickly for frequent spenders.
The card also offers a 0% intro APR for 15 months on both purchases and balance transfers, providing a window of opportunity for significant savings on interest. The card's welcome bonus further sweetens the deal, offering a one-time cash bonus after meeting the initial spending requirement. For individuals with good to excellent credit seeking a card that combines rewards with flexible financing options, the Capital One Quicksilver Cash Rewards is a compelling option.
Capital One Quicksilver Cash Rewards Credit Card
MoneyGeek Rating
3.8/ of 5
On Partner's Website
Regular APR
19.99% - 29.99% variable0% APR Offer
0% for 15 months on purchasesBalance Transfer Offer
0% for 15 months on balance transfersRewards Summary
Earn unlimited 1.5% cash backEarn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply Earn unlimited 1.5% cash back on every purchase, every day
Recommended Credit
670-850 (Good to Excellent)MoneyGeek's Take on the BankAmericard
The BankAmericard, issued by Bank of America, holds a MoneyGeek Balance Transfer Score of 4.3 out of 5, reflecting its strength in this category. With no annual fee and a generous 0% APR offer on purchases and balance transfers for the first 18 billing cycles, this card is tailored for individuals aiming to manage existing debt efficiently. This card is recommended for consumers with good to excellent credit scores ranging from 670 to 850.
BankAmericard® Credit Card
Regular APR
16.24% – 26.24% variable0% APR Offer
0% intro APR for first 18 billing cyclesBalance Transfer Offer
0% intro APR for first 18 billing cyclesRewards Summary
N/ARecommended Credit
670-850 (Good to Excellent)Details Comparison: Capital One Quicksilver Cash Rewards vs. BankAmericard
Our breakdown will help you compare APRs, fees, required credit, rewards, introductory offers and other features of the Capital One Quicksilver Cash Rewards and the BankAmericard. For instance, if you're planning a vacation, the Quicksilver's rewards on travel bookings may sway your decision, while the BankAmericard could be more appealing if you're looking for a longer introductory APR period.
Regular APR
The BankAmericard offers a lower APR range of 16.24% to 26.24% variable, compared with the Quicksilver Cash Rewards's 19.99% to 29.99% variable. This makes the BankAmericard a better option for people prioritizing lower interest rates.
Annual Fee
Both cards have a $0 annual fee. This makes them equally attractive for users looking to avoid yearly charges.
Introductory 0% APRs
The BankAmericard offers a longer introductory 0% APR period for both purchases and balance transfers, extending up to the first 18 billing cycles, compared with the Quicksilver Cash Rewards's 15 months. Both cards impose a 3% fee on balance transfers.
Rewards
The Quicksilver Cash Rewards is better for rewards, offering unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, and 1.5% cash back on all other purchases. The BankAmericard does not offer any rewards.
Welcome Offers
The Quicksilver Cash Rewards is better for welcome offers, offering a one-time $200 cash bonus after spending $500 on purchases within three months from account opening. The BankAmericard Credit Card does not offer a welcome bonus.
Recommended Credit Score
Both the Quicksilver Cash Rewards and the BankAmericard require a credit score in the range of 670 to 850, indicating they are aimed at individuals with good to excellent credit.
Penalties and Fees
The Quicksilver Cash Rewards is better for penalties and fees due to its absence of foreign transaction fees. Both cards charge up to $40 for late payments and do not have a penalty APR. While cash advance fees are similar for both, only the BankAmericard imposes a 3% fee on foreign transactions.
Issuer Satisfaction
The Bank of America has a higher issuer satisfaction than Capital One.
Other Features & Perks
The Quicksilver Cash Rewards offers up to six months of complimentary Uber One membership statement credits through November 14, 2024, whereas the BankAmericard does not have distinguishing perks compared with other Bank of America cards.
FAQ: Capital One Quicksilver Cash Rewards vs. BankAmericard
What are the cash back rewards for the Capital One Quicksilver Cash Rewards Credit Card?
The Capital One Quicksilver offers unlimited 1.5% cash back on all purchases. It's a competitive rate for cash back cards.
Does the BankAmericard® Credit Card offer any rewards or cash back?
No, the BankAmericard® Credit Card does not offer rewards or cash back. It's strength is low regular APR and one of the best balance transfer offers on the market.
What are the introductory APR offers for both cards?
Both cards offer 0% introductory APR on purchases and balance transfers for a limited time. BankAmericard has an 18 billing cycle 0% APR on balance transfers and new purchases. Quicksilver has a 15 month offer.
Are there any foreign transaction fees for either card?
The Capital One Quicksilver has no foreign transaction fees, while the BankAmericard charges a 3% fee.
What is the recommended credit score for these cards?
Both cards recommend a credit score range of 670 to 850, which falls into the good to excellent category.
About Doug Milnes, CFA
Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.
Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.
*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
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Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.