Here are some tips for maximizing your cash-back with the Quicksilver card:
Tip #1: Spend the required amount in the allotted time to earn the sign-up bonus, one of the easiest and best ways to get value from the card.
Tip #2: As we mentioned earlier, combine credit cards to get the most value for your purchases.
Use cards that earn more for certain categories, and then put everything else on the Capital One card.
Tip #3: If you have more than 1 Capital One account, you may be able to transfer rewards between them. Then, you can get more cash-back at one time!
Tip #4: Always pay your bill on time. Otherwise, you won’t be able to redeem cash-back for that billing cycle.
Tip #5: Add family members to your card as authorized users to earn cash-back on all of their purchases as well! As an added bonus, they will improve their credit scores!
You have 2 options for redeeming cash-back for the most value: a check or statement credit. Just request your cash-back whenever you’re ready.
If you want to redeem cash-back from your Quicksilver card without having to think about it, you can arrange for automatic redemption at capitalone.com or by contacting the Rewards Center.
Select a date on the calendar, or set it up to issue when you reach a specific threshold ($25, $50, $100, or $200).
Even if you elect to use automatic redemptions, you can still request cash-back at any time. Also, you can always change your automatic redemption preference for the following month.
You can redeem the cash-back earned for gift cards and merchandise at capitalone.com and the Rewards Center.
When your eligible card is linked to PayPal, you can checkout with PayPal and redeem your cash-back at a rate of $1 to $1.
However, we don’t recommend this since the cash-back is valued at a lot less for these redemptions.
Intro APR Offers
Have you had your eye on a new washing machine? Is it time to replace your dishwasher? This card’s intro APR gives you a great opportunity to make a large purchase and spread out the payments without incurring hefty interest.
Then, you can pay off some of the purchase with the cash-back earned. Of course, you never want to make a purchase just to get the introductory APR offer.
Only buy what you really need, and always keep up with the payments. If your balance isn’t paid off when the introductory APR expires, you’ll be charged interest way back to the time of purchase!