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Snapshot: This is an entry-level student credit card with great perks, especially for travel and every day purchases.
Basic Features
An ongoing APR between reg_apr,reg_apr_type
A annual_fees annual fee
Perfect for people with credit_score_needed credit
Additional Details
You can earn an unlimited 1.5% cash back on every purchase
If you spend $100 in qualifying purchases within the first 3 months of opening the account, you qualify for a $50 cash bonus!
Pros
Cons
Unlimited 1.5% cash back with numerous ways to redeem
No introductory APR offer
5% Cash Back on hotels, vacation rentals and rental cars booked through Capital One Travel (terms apply)
Full Review of Capital One Quicksilver Student Cash Rewards Credit Card
This card is a great choice for students who may not have any credit built up yet but are looking to get in on cash back rewards. Just a heads up: this card is exclusive to students. So if you're enrolled in a university, a community college or another post-secondary education institution and want to work on building credit while earning some sweet cash back rewards, this card may be right for you.
There are quite a few credit card options available in the student credit card market that offer rewards, good interest rates, and low fees for students with low to non-existent credit who are just starting out. There are a few reasons why we like the card_name (in general, Capital One has great card offers), and a few things to consider before applying. Let’s get into it.
What You’ll Like About This Card
Unlimited 1.5% Cash Back
You can earn 1.5% cash back on your everyday purchases with no limits. Other cash back rewards may offer higher, variable cash back rates on unique purchases, but the Capital One Quicksilver Student Cash Rewards Credit Card is simple, direct, uncomplicated. It also allows you the flexibility to redeem your rewards as cash back, gift cards, or statement credits.
Sound good? Learn more about applying for a Capital One Quicksilver Student Cash Rewards Credit Card
Cards that come with an introductory 0% APR make it possible to make larger purchases initially and pay them off over time without incurring interest. (If you’re a student, that 0% APR may come in handy when buying books or materials for school). However, this card doesn't have an introductory 0% APR offer.
Potentially High APR
Depending on your approval status, the APR on your card might be relatively high. It's not a big deal if you regularly pay off your balance, but you might want to shop around to see if you can get a better rate, especially if you have decent credit already.
Is It Worth It?
For students looking to build credit, the Capital One Quicksilver Student Cash Rewards Card can be a good option. Then, you can use that cash to cover books or other necessary expenses or splurge on something fun like a concert or weekend trip.
What are the credit limits for the Capital One Quicksilver Student Cash Rewards Credit Card (minimum and maximum)?
The credit limit you're approved for depends on your credit history and ability to pay back any balances. That being said, users of the Capital One Quicksilver Student Cash Rewards Credit Card can likely expect credit limits from a few hundred to a thousand dollars or so.
How soon can I increase my credit limit after being approved for a Capital One Quicksilver Student Cash Rewards Credit Card?
Credit card providers are often willing to increase your credit limit after a period of time in which you have demonstrated on-time payments and responsible credit management.
How good is a Capital One Quicksilver Student Cash Rewards Credit Card for building credit?
This is a decent credit-building card for someone (like a student) just starting to build their credit. Capital One also regularly reports to credit bureaus, so your timely payments will be noted and can help you build credit.
Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers.
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