You may have read about some fancy credit cards offering a ton of perks to their owners. Chances are, those are the cards made for people with good or excellent credit score.
How Jim Gets Money Back on His Purchases?
Simply — he uses the Capital One® QuicksilverOne® Cash Rewards Credit Card, which offers 1.5% cash back on all his purchases. This card has an annual fee of $39, but he easily recoups that by doing what he would be doing anyway — using the card to pay for everything.
This card also comes with an introductory period of 0% APR on purchases and balance transfer, and includes no foreign transaction fee. So Jim plans to carry it on his trip to Mexico later this year.
And That’s Not All…
There are also some other benefits this Capital One card offers, but it’s time for our expert-in-residence to kick in with additional information:
Expert Review: Capital One® QuicksilverOne® Cash Rewards Credit Card
This is the best card for people with average credit rating, offering cash back on their purchases along with an introductory period of 0% APR and a few other perks. It does have an annual fee, but it’s worth the money. Here are the details…
Free Uber ride: Use this card to pay for Uber and get every 10th ride free (up to $15). The offer is good through March 31, 2017.
Platinum MasterCard benefits: Including extended warranty for purchases, 24/7 travel and roadside assistance, and price protection which reimburses you if a purchase you’ve made is found within 60 days for a lower price.
Capital One benefits: $0 Fraud Liability, which means you won’t be responsible for any payments made after your card is lost or stolen. You can also pick your own monthly due date and preferred payment method, and can also receive security and account alerts as emails or text messages.
Credit limit increase: Make the first five monthly payments on time and qualify for a credit limit increase.
APR: 0% introductory APR on purchases and balance transfers for the first 9 months. Afterwards, a standard variable APR of 23.24% will apply.
Annual fee: $39.
Is This The Card For You?
If you have an average credit score and want to benefit from a rewards card, the answer is YES. It is one of the best (if not the best) such card on the market. The Capital One® QuicksilverOne® Cash Rewards card has an annual fee of $39, but you should be able to recoup that by getting 1.5% back on all your purchases. Also, it has no foreign transaction fee, making this card useful both in the U.S. and when travelling abroad. Check it out.