Key takeaways
- The Capital One Quicksilver Student Cash Rewards Credit Card offers a 1.5 percent cash back rate on all purchases, 5 percent back on hotels and rental cars booked through Capital One Travel and 10 percent back on Uber and Uber Eats purchases (through November 14, 2024).
- Cardholders can easily redeem their rewards for statement credits, checks, gift cards and more.
- The card has no annual fee, offers a $50 welcome bonus when spending $100 in the first 3 months from account opening and provides various travel and purchase protections.
If you’re in search of a student credit card that allows you to establish credit without needing a security deposit, the Capital One Quicksilver Student Cash Rewards Credit Card is an excellent choice. This card serves as the student version of the Capital One Quicksilver Cash Rewards Credit Card, which is renowned for its flat-rate cash back rewards program.
The Quicksilver Student card not only aids in building credit but also offers rewarding benefits. Let’s delve into the key highlights and advantages of this card.
Highlights of the Capital One Quicksilver Student
Here are some essential details to consider about the Capital One Quicksilver Student:
- Rewards rate: 1.5 percent cash back on all purchases; 5 percent back on hotels and rental cars booked through Capital One Travel; 10 percent back on Uber and Uber Eats purchases (through November 14, 2024)
- Welcome bonus: $50 when you spend $100 in the first 3 months
- Annual fee: $0
- Regular APR: 19.99 percent to 29.99 percent (variable)
Capital One Quicksilver Student Cash Rewards Card benefits
The Capital One Quicksilver Student provides a range of appealing benefits for a student credit card, including competitive cash back rewards and a generous welcome bonus. Here are the top advantages of the Quicksilver Student card to keep in mind.
Ongoing cash back rewards
The Quicksilver Student card offers a competitive cash back rate, with 1.5 percent cash back on every purchase and additional perks like 5 percent back on hotels and rental cars booked through Capital One Travel. Until November 14, 2024, you can also earn 10 percent back on Uber and Uber Eats purchases.
Variety of redemption options
Capital One makes it simple to redeem your rewards for various options, with no minimum redemption amount required. You can redeem rewards for a statement credit, check, credit on a previous purchase, gift cards, or use them at checkout with Amazon.com or PayPal. Rewards can also be redeemed through Capital One Travel or Capital One Entertainment.
First-year welcome bonus
The Capital One Quicksilver Student offers an easily attainable welcome bonus. By spending $100 within the first 3 months of card ownership, you’ll receive $50. This straightforward cash back bonus offer is one of the most accessible options for students.
No annual fee
This student card does not come with an annual fee, eliminating the need to earn enough rewards to offset any yearly costs.
Capital One Entertainment and Dining
With the Quicksilver Student, you gain access to Capital One Entertainment, providing presale ticket access and exclusive experiences at select events such as concerts, sports games, comedy shows, and more. Additionally, you can enjoy Capital One Dining, offering cardholder-only reservations to top restaurants and special culinary events.
Travel and purchase protections
This card offers extended warranty protection on eligible purchases, complimentary concierge service, and 24-hour travel assistance services that include emergency card replacement and cash advances in case of a lost or stolen card. Travel accident insurance is also included.
Fraud protection and credit monitoring tools
Enjoy $0 fraud liability with this card, safeguarding you from unauthorized charges. Access credit monitoring tools that provide alerts for suspicious charges and notifications for changes to your credit report from select bureaus.
No foreign transaction fees
When using the Capital One Quicksilver Student outside the U.S., you won’t incur foreign transaction fees, making it an ideal card for studying abroad or vacationing internationally.
Maximizing the Capital One Quicksilver Student Cash Rewards Card
To maximize the benefits of the Quicksilver Student, ensure you pay your balance in full and on time each month. With a variable APR between 19.99 percent and 29.99 percent and no introductory APR period, timely payments are crucial to avoid late fees that could offset your rewards.
Additionally, be aware that the Quicksilver Student does not waive late fees for the first missed payment, unlike some other student credit cards. Even a one-day late payment could result in all your rewards being consumed by fees.
Take advantage of all available benefits, such as Capital One Entertainment and Dining access, to save money on events and dining experiences. If you have upcoming travel plans, remember to earn 5 percent cash back on hotel and rental car bookings through Capital One Travel, as well as 10 percent cash back on Uber and Uber Eats purchases (until November 14, 2024).
The bottom line
The Capital One Quicksilver Student Cash Rewards Credit Card stands out as an excellent choice for a student card. Its competitive cash back rate, lack of an annual fee, and array of benefits make it a standout option among other student credit cards.
While the Quicksilver Student offers appealing rewards, you may find higher bonuses for specific spending categories with other student cards. Before selecting a card, be sure to explore our guide to the top student credit cards to determine the best fit for your financial needs.