THIS is the Best Capital One Credit Card in 2021

Click “Show More” to see my Favorite Financial Tools

▽MY FINANCIAL TOOLS▽

🏦 SoFi Complete Money Management

----------

💰 Chime Fully Online Banking

----------

💳 Favorite Credit Cards

----------

📊 Wealthfront Automated Investing

----------

💵 Current Card

----------

📸 MY CAMERA GEAR

At the moment, Capital One offers 22 different credit card options including popular ones like the platinum MasterCard, venture card, Quicksilver, Savor, journey student card, secure MasterCard, the spark business card, and several other retail-specific cards as well. Now that's great and all but there's a lot of companies that offer a ton of credit card options so what's the big deal here. Well, what specifically caught my eye that I wasn't aware of is that Capital One actually offers the same exact credit card multiple times depending on your credit level and what rewards you're looking to get. For example, the Quicksilver card which is a very popular option has the regular Quicksilver rewards, Quicksilver rewards with good credit, and the Quicksilver one rewards card.

And the same thing goes with the savor card and several other credit card options. So let's talk about the differences between all of these so that you can make the best decision possible. First I want to start with the Quicksilver and savor cards because those are two of the most popular options and then we'll take a look at some of those more niche products. So the standard Quicksilver card is a very popular free option that offers you unlimited 1.5% cash back on all of your purchases across the board. Now a lot of people argue that this loses out to the Citi double cash card which offers you 2% back across the board and in terms of cash back that is absolutely true however the Quicksilver rewards card gives you a $200 signup bonus when you spend $500 in the first three months which is something that the double cash card does not have.

But Capital One also offers a Quicksilver rewards card if your credit isn't quite as good and it's exactly the same in terms of cash back but just removes the eligibility for that signup bonus. Now Capital One doesn't specifically say what credit score they consider good or excellent but they do give these helpful guidelines that should give you an idea of which category you fall into. But even beyond those two Quicksilver options, there's also the Quicksilver one rewards card which has a $39 annual fee, offers the same 1.5% cash back, but is available to individuals that have what they call fair credit. And again maybe it's just me, but I thought this was a really interesting concept that I personally have not seen anywhere else because typically when I review certain credit card options, there might be a credit score requirement or something like that in order to qualify for certain cards.

And for the most part you either meet the requirement or not and that determines whether or not you can get that particular credit card. But what Capital One is saying is instead of denying you completely we're just going to offer a few different options with slightly different benefits in case you're still interested in getting this product. So instead of applying for the Quicksilver rewards card and getting denied because your credit score isn't good enough, well maybe you could still qualify for the Quicksilver rewards good credit or the Quicksilver one rewards card and still earn that 1.5% cash back.

Music from Epidemic Sound

Magnified Money may receive compensation for sending traffic to partnered sites. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers.

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

[supernova]

i actually have had the secureed card for 3 years which since then graduated to unsecured and i reacently got offered the savor card. capital one in my book is one of the best companys to get started with credit card wise or banking account wise

[michaelstaschke]

wait hold on I gotta get my raspberry cheesecake ice cream before I watch this.

Update: ahh... Much better.

[Qyietstorm]

Does anyone know how to get rid of a $60 annual fee capital one card that offers no benefits? Had it for over 10 years and capital has no upgrade or downgrade options…it’s my oldest card so if I close it may hurt my credit! I have the quick silver and have upgrade option to venture but would prefer the Savor. Any advice?

[breddyrojas]

I have a secured platinum Capital One Card, a Walmart Mastercard Rewards and a regular platinum Mastercard, the later I recently got upgraded to a QuickSilver. The only issue with Capital One is the low credit limit, they’re so stingy to increase credit despite having checking and savings accounts, receive my direct deposit, but I’m planning to use my Quicksilver and Walmart cards more wisely and keep my secured Mastercard aside to see if it can be replace for another capital one product in the future. The only good thing about Capital One is that give people with bad or rebuild credit the chance to have a credit card.

[jerrycaughron]

I have two accounts with Capitol One. When it comes to line increases, Capitol One is very stingy!.

[ashleyj]

This is just in time! I’ve been trying to make a choice among their cards.

[MJ-kehn]

They get rid of the the platinum secure credit card, did they?

[ammooth]

So far the quick silver top level cc. It's the only 1 have by capital one @ the moment. The 2nd tier savor 1 maybe in the works, in my stable 🤔

[arey]

Which card do you guys think is best for groceries or gas? It doesn’t have to be capital one.

[justinkimble]

How do you get the 200.00 refund after spending the 500.00? Apply for it? Or do they send you a check?

[BrianJoslyn]

I like Capital One's options, but not Capital One.

[Catdad]

I can't sign up for SoFi with your link . It says expired 😥

[andykline]

You may want to double check your SoFi links