Compare the Features and Benefits of Capital One QuicksilverOne Cash Rewards Credit Card and
Bank of America® Travel Rewards credit card

The Capital One QuicksilverOne Cash Rewards Credit Card is similar to the Capital One Quicksilver Cash Rewards Credit Card with a few main exceptions.

• The Capital One QuicksilverOne Cash Rewards credit card requires a credit score of only around 600, while the The Capital One Quicksilver Cash is looking for a FICO around 700.
• The Capital One QuicksilverOne does not offer any car rental CDW / LDW coverage.
• The Capital One QuicksilverOne charges a $39 annual fee whereas the Quicksilver has no annual fee.
• The Capital One QuicksilverOne Cash Rewards credit card does not have any introductory 0% APR offers or 0% intro balance transfers while the Quicksilver offers both.
• The Quicksilver offers a higher credit line.
• You can expect to be automatically considered for a credit limit increase for your Capital One QuicksilverOne Cash Rewards credit card after 6 months if you are making on-time payments.

With QuicksilverOne, you will never pay any foreign transaction fees, and you’ll earn 1.5% cash back on all eligible purchases. If you book travel via the Capital One Travel portal, you’ll earn 5% on hotels and rental cars (1.5% if booked outside of Capital One Travel).

PRO TIP:

If you have another credit card which earns Capital One Miles, like the Venture X, Venture, VentureOne, or Spark Miles for Business, you can transfer your cash from your QuicksilverOne Cash Rewards credit card to those cards, where they become Capital One Miles – transferable to airline and hotel partners. $10 = 1,000 Miles.

Here’s a list of Capital One Miles airline and hotel transfer partners

While there are plenty of travel rewards enthusiasts that want to earn points and miles with a trendy new credit card, the Bank of America Travel Rewards credit card is made for others that just want to earn a free trip with a few fees and hassles as possible. It also offers 1.5 points per dollar spent on all purchases, and those points are worth one cent each as statement credits towards any travel or dining purchases. Points can also be used to pay for baggage fees in addition to other travel expenses such as flights, hotels, vacation packages, and dining/takeout purchases. (Most people would assume the credits are only towards travel so it’s nice that Bank of America includes the statement credit to be applied against dining purchases.

But the best value is offered to Bank of America Preferred Rewards members who can earn a 25%, 50% or 75% bonus, depending on their status within the program. Those with top status can earn as much as 2.62 points per dollar, which is truly exceptional for Preferred Rewards members. These points never expire so long as you account remains open.

Best of all, there’s no annual fee for this card, and no foreign transaction fees imposed on purchases made outside the U.S., so you don’t have to worry about that when traveling.

Bank of America® Travel Rewards credit card vs. Bank of America® Unlimited Cash Rewards credit card

Editor’s Note: It’s a question I had, so I thought you might too. The primary differences are that the Bank of America® Travel Rewards credit card has no foreign transaction fees but redeeming your points is slightly limited in that they can only be redeemed against travel and dinning purchases whereas the Bank of America® Unlimited Cash Rewards credit card has no limitations on cashing out your points for cash, but does charge a foreign transaction fee. So, they are pretty similar, but you would choose this one if you travel internationally and probably choose the Unlimited if you don’t leave the USA.