Capital One Quicksilver Secured Cash Rewards: A Choice for Building Credit

Rewards and Credit-Building Features

The Capital One Quicksilver Secured Cash Rewards Credit Card is an excellent option for those looking to build or rebuild their credit, offering consistent rewards of 1.5% on all purchases and 5% on hotels and rental cars booked through Capital One Travel.

Select Your Preferred Credit Limit

You can choose the credit limit that best fits your needs:

Up to $1,000 Up to $3,000 Above $8,000

Additionally, the card has no annual fee, making it an affordable choice for those keeping a close eye on expenses. A key feature is the possibility of a credit limit increase after just six months of responsible use, with reports sent to all three major credit bureaus.

Potential Drawbacks

However, the card’s high 29.99% APR and the requirement of a $200 minimum security deposit could be drawbacks for some users. While the rewards system is attractive, those who tend to carry a balance may find the high interest rate problematic.

How to Get the Card

This card is best suited for individuals committed to paying off balances in full each month, who can benefit from the rewards and credit-building opportunities.

How to Get the Card