Capital One Quicksilver Cash Rewards Credit Card
vs. Bank of America® Unlimited Cash Rewards Credit Card

Both the Capital One Quicksilver Cash Rewards Credit Card and the Bank of America® Unlimited Cash Rewards Credit Card offer the simplicity of a flat 1.5% cash back on all purchases, which might be why you're considering them.

The Quicksilver edges ahead with its higher cash back score and the perk of no foreign transaction fees, making it the better choice for many. But the BofA Unlimited Cash remains a strong contender, especially if you take advantage of the additional cash back for Preferred Rewards members.

You might prefer the Quicksilver if you're looking for a card that rewards travel spending. With no foreign transaction fees and 5% cash back on hotels and rental cars booked through Capital One Travel, it's tailored for frequent travelers. The lower spending threshold for the welcome bonus also makes it accessible for modest budgets.

You might prefer the BofA Unlimited Cash if you're a Bank of America customer who can take advantage of the Preferred Rewards program for additional cash back. Its straightforward 1.5% cash back on all purchases and slightly lower regular APR range make it a reliable everyday card.

Evaluating features like APRs, fees, credit requirements, rewards and introductory offers will clarify which card is for you. For instance, if you frequently book travel through Capital One, the Quicksilver's additional rewards could sway your decision. Conversely, the BofA Unlimited Cash might appeal more if you're a Preferred Rewards member looking for consistent cash back on all purchases.

Both the Quicksilver and the BofA Unlimited Cash cards keep it simple with a flat 1.5% cash back on all purchases. The Quicksilver, however, offers an additional perk for travelers: 5% cash back on hotels and rental cars booked through Capital One Travel. This could tip the scales if you frequently book travel this way.

While the BofA Unlimited Cash doesn't have a standout bonus category, its consistent 1.5% rate across the board is reliable for those who prefer a no-fuss approach to earning rewards.

The bonus categories for each card are shown in the following table.

Both the BofA Unlimited Cash and Quicksilver cards offer user-friendly redemption processes. With the BofA Unlimited Cash, you can redeem your cash back directly into a Bank of America checking or savings account, or as a statement credit.

The Quicksilver provides a broader range of redemption options, including statement credits, checks, and gift cards. Additionally, the Quicksilver allows for automatic redemption at set times or when certain thresholds are met. Neither card imposes an expiration date on rewards, provided your account remains in good standing.

MoneyGeek evaluates credit cards like Quicksilver and Bofa Unlimited Cash for various use cases. This approach ensures that the score reflects the card's performance in the scenario where it provides the most value.

For cash back cards, the primary factors we consider are the effective reward rate and the return on investment for offers. These elements — along with annual fees, introductory purchase rates and issuer satisfaction — contribute to a card's overall score. For a detailed understanding of our process, you can review our ranking methodology.