What is the average credit score needed to get approved for Capital One Quicksilver Student Rewards?

Since Capital One Quicksilver Student Rewards’ primary market is students, you only need a fair credit score to qualify for the Capital One Quicksilver Student Rewards card.

Does Capital One Quicksilver Student Rewards report to all three credit bureaus?

Yes, it reports to all three credit bureaus.

Is the Capital One Quicksilver Student Rewards application process lengthy? Can you prequalify?

You can <a href="https://www.capitalone.com/credit-cards/preapprove/student/?landingPage=quicksilverstudentPDP" target="_blank">check online</a> if you’re pre-approved. You can get a response within 60 seconds if you apply over the phone or online. If you choose to submit a paper application, it may take longer — typically seven to ten days.

What information is needed to apply for Capital One Quicksilver Student Rewards?

You’ll need to prepare your <a href="https://www.capitalone.com/learn-grow/money-management/how-to-apply-for-a-credit-card/" target="_blank">personal information</a> for your Capital One Quicksilver Student Rewards application. These include your complete name, date of birth, social security number, a physical address and your estimated gross annual income.

Does Capital One Quicksilver Student Rewards have good customer service or satisfaction?

Capital One has always been known for providing excellent customer service. They ranked third in <a href="https://www.jdpower.com/business/press-releases/2021-us-credit-card-satisfaction-study" target="_blank">J.D. Power’s 2021 U.S. Credit Card Satisfaction Study</a>. You can reach Capital One’s customer service line 24/7 by calling 1-800-CAPITAL (1-800-227-4825).

Does Capital One Quicksilver Student Rewards have a mobile app or the option to pay or manage your account online?

Capital One’s mobile app allows you to access your statements on the go. You can also use it to keep track of your activities since it updates your transactions in real time.

Does Capital One Quicksilver Student Rewards raise credit limits automatically or charge for limit increases?

Making larger payments on time makes you eligible for a credit line increase. Capital one may automatically increase it, but there’s no guarantee. You can request for a line increase at any time, but there’s no assurance that it will be approved.

Does Capital One Quicksilver Student Rewards offer the options to freeze your credit/account or have other security features?

The Capital One Quicksilver Student Rewards card has several security features. You’ll get notifications through SMS, your email and phone if Capital One notices suspicious transactions on your card. You can also use the mobile app to lock it if it’s lost or stolen.

Does Capital One offer other credit cards besides the Capital One Quicksilver Student Rewards card?

Capital One offers other credit cards such as Capital One Spark Cash Plus and Capital One QuicksilverOne Cash Rewards Credit Card . If you want to consider other student credit cards, you can look at Journey Student Rewards from Capital One .

Capital One Quicksilver Rewards for Students Review

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

With the number of credit cards currently offered to students, the Capital One Quicksilver Student Rewards can be one of your top options. It has several features tailored to students, such as 1.5% cash back on all purchases and no annual fee. Not only can you use your rewards in a number of ways, but you also don’t have to redeem them within a specific period. As long as your account is active, the points remain valid. MoneyGeek’s guide highlights the various features and perks associated with the Capital One Quicksilver Student Rewards card so you can decide whether it’s the right card for you.

Card Details to Know Up Front

Bonus, Fee or Feature
Has or Not
Has Annual Fee
Has Balance Transfer Offer
Has APR Offer
Cash Back Rewards
Travel Rewards
Hotel Benefits
Airline Benefits
Has Rewarding Welcome Offer
Has Foreign Transaction Fee
Recommended Credit
Limited–Fair

Click to see this card’s rates, fees and how they compare to other cards in our dataset.

OUR REVIEW AT A GLANCE

Credit Card Details at a Glance
Pros & Cons Explained
Bonuses & Rewards Explained
Our Verdict: Is This Card for You?

Capital One Quicksilver Student Cash Rewards Credit Card at a Glance

It’s never too early to start building credit. Building credit in college with the Capital One Quicksilver Student Rewards card can help you jump start your journey into independence. You can enjoy perks like earning 1.5% cash back for every purchase you make using your card. You also get exclusive deals for dining, music and sports events.

Capital One Quicksilver Student Cash Rewards Credit Card
A good no annual fee student credit card that offers cash back
- Limited–FairRecommended Credit
- $0Annual Fee
- 1.5% – 10% cash backRewards Rate
Pros
Only requires fair credit score
Offers cash back for all purchases
Offers travel-related benefits
No annual fee
No foreign transaction fee

Cons
High APR
Exclusively for students
Earn a one-time $50 cash bonus once you spend $100 on purchases within the first three months
Earn 1.5% cash back for all purchases made with the card
No annual fee
Has a high variable APR for purchases, transfers and cash advances
No transfer fee for balances transferred at the regular balance transfer APR (if balance is transferred at a promotional APR, there is a 3% transfer fee)
No foreign transaction fees
Cash back can be redeemed at any time, no expiration date
3% or $10 fee for cash advances, whichever is greater
Up to $40 fee for late payment
Disclaimer: Credit card offers are constantly changing. We work hard to stay updated with the latest information, but the offers listed on our site may no longer be available.
Terms, rates and fees apply
Compare this credit card with other top-rated credit cards.

Pros & Cons Explained

The Capital One Quicksilver Student Rewards card offers multiple advantages, making it a strong contender for students building their credit. However, there are also certain things you may want to consider before making your decision.

Pros

Benefits
Description
It only requires a fair credit score
You don’t need a good credit score to qualify for the Capital One Quicksilver Student Rewards. A score of at least 580 can be enough for eligibility.
Unlimited cash back on all purchases
Using the Capital One Quicksilver Student Rewards card for purchases allows one to earn 1.5% cash back. You can use cash back rewards in various ways, such as redeeming it as cash, using it to pay your statement or converting it into gift cards for different merchants.
Offers travel rewards
Using your card to pay for your ticket automatically provides travel insurance. You’ll also have access to travel assistance service 24/7 at any time of year, which includes emergency card replacement and a cash advance if your card is lost or stolen.
No annual fee
One of the most significant advantages of the Capital One Quicksilver Student Rewards card is no annual fee. You can enjoy the rewards and benefits it provides without worrying about a yearly fee.
No foreign transaction fee
If traveling or studying abroad, not having to pay a transaction fee for purchases made outside the U.S. can significantly reduce your costs.
New Cardmember Offer
Capital One Quicksilver Student Rewards is offering for a limited time a one-time $100 cash bonus once you spend $100 on purchases within 3 months from account opening.

Cons

Drawbacks
Description
High interest rate
If you can't pay your balance in full by your due date, it could significantly increase because of the high interest. If you’re unable to manage it early, it could put you in debt.
Exclusively available to students
Since this card is primarily for students, you need to be enrolled in a 4-year university, community college or other educational institution to qualify.

LOOKING FOR THE BEST CREDIT CARDS OF 2022?

MoneyGeek makes a monthly analysis of the best credit cards for several categories. Although the Capital One Quicksilver Student Rewards card isn’t part of this month’s list, you can check out the best student credit cards of 2022.

Bonuses & Rewards Explained

Besides not having to pay an annual or foreign transaction fee, you’ll also experience multiple benefits with a Capital One Quicksilver Students Rewards card. Here are some notable ones.

Earn 1.5% cash back across all categories

You can earn unlimited 1.5% cash back on your purchases. You don’t have a daily cap, so you can use your card as much as you want and as frequently as you want to take advantage of this reward.

Price protection

Let’s say you purchased an item us ing your Capital One Quicksilver Student Rewards card and then found it at a lower price. You can get a reimbursement of the difference if it’s within the first 120 days of your purchase.

Receive perks for music and sports events

Having the Capital One Quicksilver Student Rewards card makes it possible to have VIP experiences and packages. You may even be eligible for discounts and on-site benefits, such as access to lounges.

Other Features Explained

The Capital One Quicksilver Student Rewards card has other attractive features, such as security features and methods for managing your account effectively.

Card Feature
Description
Extended Warranty
Using your card for a qualified purchase automatically extends its warranty without additional cost.
Complimentary Concierge Service
You can get personalized assistance for your dining, entertainment and travel needs at any time of the day, any day of the year.
$0 Fraud Liability
As long as you report a lost or stolen card right away, you won’t be held liable for any unauthorized purchases or activities.
Assistance from Eno
This Capital One Assistant can help you with a variety of tasks. These include checking your balance and paying your statement. Eno also sends you an alert if Capital one detects an unexpected charge.
Autopay
You can set up your account for Autopay, making monthly payments quick and easy as long as you have enough funds in your account.

MONEYGEEK QUICK TIP

Use the Capital One Quicksilver Student Rewards to build credit while earning rewards. Although it doesn’t offer a tiered reward structure, you can earn unlimited 1.5% cash back from your purchases daily.

Understanding the Fine Print

To determine whether this card is suited for you, MoneyGeek’s review of the Capital One Quicksilver Student Rewards dives into rates and fees associated with the card. These include interest rates on purchases, cash advances and balance transfers. Knowing how much cash back you can earn allows you to determine the suitability of the card for you based on your credit card preferences.

Card Feature
Amount or Rate
APR
19.74% – 29.74% Variable
Annual Fee
$0
Cash Back Rewards
Rewards Rate
1.5% – 10% cash back
Airline Benefits
Rewards Rate on Groceries
1.5x
Rewards Rate on Gas
1.5x
Rewards Rate on Dining
1.5x
Rewards Rate on Entertainment
8x
Rewards Rate on Online Shopping
1.5x
Rewards Rate on TV, Phone, Internet Services
1.5x
Rewards Rate on Air Travel
1.5x
Rewards Rate at Hotels
5x
Balance Transfer Fee
3%
Balance Transfer APR
19.74% – 29.74% Variable
Late Fees
Up to $40
Cash Advance Fee
$3 or 3%, whichever is greater
Cash Advance APR
29.74% Variable
Foreign Transaction Fee
None

Regular APR
The Capital One Quicksilver Student Rewards has a relatively high variable APR of 19.74% – 29.74%. That’s for purchases, cash advances and balance transfers. If you’re unable to pay your statement in full by your due date, your balance may increase exponentially.
Cash Back Reward
College students spend $1,400 to $2,100 per month, which translates to an annual average of $21,000. If you use your card for your purchases, that potentially earns you $315 a year that you can use for other things.
Balance Transfer APRs and Fees
If you transfer your balance at the variable APR rate of 19.74% – 29.74%, you won’t pay a fee. However, if you do a transfer when a promotional APR is in place, a 3% transfer fee will apply. For example, you’ll have a $60 balance transfer fee if you transfer a $2,000 balance during a period when the APR is lower.
Cash Advance Fees
Cash advances are subject to a fee of either 3% or $3, whichever is greater. You will have to pay a $10 fee if your cash advance amounts to $333 or lower.

WHERE TO FIND THIS INFORMATION?

Comparing the Capital One Quicksilver Student Rewards card to other student credit cards may help you determine whether it suits your needs and preferences. You can see how other APRs and available rewards measure up to the Capital One Quicksilver Student Rewards.

If you’re already using a credit card and would like to see if Capital One Quicksilver Student Rewards is worth applying for, you can use the mobile app to check out their usual rates and fees. You can also find helpful information from your credit card statements.

Who Should & Shouldn’t Consider Capital One Quicksilver Student Cash Rewards Credit Card?

Other Considerations for Capital One Quicksilver Student Cash Rewards Credit Card

It's best to consider several things before you decide to get the Quicksilver Student Reward card. If you intend to use it as your sole credit card, you need to look into your spending habits to ensure you can maximize the benefits it offers. If you’re already a cardholder, you might want to see how its features can complement those of your current cards.

Things to Consider if This Will Be Your First or Only Credit Card

If you’re planning to use the Capital One Quicksilver Student Reward as your first credit card (or your only one at that), it’s a solid option. It’s tailored to students, so even if you have a limited credit history or a fair credit score, you will likely qualify. The card offers a flat 1.5% cash back for all purchases, regardless of category, so you can use it from food to school supplies and still earn rewards.

On the other hand, you will need to monitor your spending. If it’s the only card you have, you may end up using it for all your purchases. Remember that it has a variable APR of 19.74% – 29.74%, which is high compared to other student credit cards. If you can manage your spending and pay your balance in full each month, it may work to your advantage. If you can’t, and you end up carrying your balance over to the following month, the high interest becomes a disadvantage.

Things to Consider if This Will Be an Additional Card in Your Wallet

The Capital One Quicksilver Student Rewards card offers cash back of 1.5% across all categories. Comparing this card’s rewards to your existing cards’ rewards may prove that its rate is higher in specific areas. If it does, you can divert some of your spending to these areas so you can maximize its cash back benefits.

MoneyGeek cautions you from using this as a balance transfer card because of the 19.74% – 29.74% variable APR. It may help you consolidate your loans, but the interest rate may quickly become challenging.

Check your other credit cards’ annual fees. If all of them have annual fees, you may want to consider getting the Capital One Quicksilver Student Reward card. It’ll allow you to have an additional line of credit but won’t require you to pay another annual fee.

WHY TRUST OUR REVIEWS

MoneyGeek follows a standardized, six-step process to review the various credit cards in our database, beginning with collecting accurate and up-to-date credit card information. We assigned these standardized weights and defined cardholders’ spend profiles. MoneyGeek considers the cards' annual and introductory bonuses before ranking these across different categories. We do monthly reviews to ensure our published ratings are updated.

How Capital One Quicksilver Student Cash Rewards Credit Card Compares to Other Cards

The Capital One Quicksilver Student Rewards is a solid option for students who want quality rewards without paying an annual fee. However, your preferences and spending habits will determine which credit card best suits you.

Quick Comparison of Capital One Quicksilver Student Rewards

Capital One Quicksilver Student Rewards

APR: 19.74% – 29.74% variable
Annual Fee: none
Cash Back: Unlimited 1.5% on all purchases
Foreign Transaction Fee: none
Credit Needed: Limited to Fair
Best For: Students studying either locally or abroad who want to to build credit while enjoying cash back rewards

Destiny® Mastercard®

APR: 24.9%
Annual Fee: $59
Cash Back: None
Foreign Transaction Fee: 1%
Recommended Credit: Poor to Fair
Best For: Students looking for their first credit card or those with poor credit scores

Other Helpful Decision-Making Q&As

Choosing a credit card is a major decision. It’s best to have all of the information you need before making a decision. Here are the most commonly asked questions about the Capital One Quicksilver Student Rewards card.

Still not sure about this card? Consider these options.

Capital One Quicksilver Student Rewards is an excellent option for students looking for their first credit card. It offers many advantages, such as $0 annual fee and unlimited 1.5% cash back for all purchases. However, you’ll need to keep its high APR in mind while spending. If you’re not sure this is the card for you, feel free to explore other student credit cards or cash back cards.

View All Credit Cards

Learn more about credit cards in general

sources

Capital One. "Quicksilver Rewards for Students." Accessed February 24, 2022.
Capital One. "How to Apply for a Credit Card." Accessed February 25, 2022.
J.D. Power. "2021 U.S. Credit Card Satisfaction Study." Accessed March 21, 2022.

*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.
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.
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