Capital one venture one vs quicksilver9/12/2023 However, if you plan to use your cash-back card for other types of purchases, the Quicksilver might be the better option. If you dine out a lot and attend live events, or the bulk of your credit card spending is at grocery stores, the Savor's special earning rates will be much more beneficial. All of these benefits can also be used while traveling worldwide since the card does not charge a foreign transaction fee. The card also earns 4% cash back category on popular streaming services, and 3% back at grocery stores, then 1% back on everything else. Dining applies to a broad range of businesses, including restaurants, cafés, bars, lounges, fast-food chains and bakeries. Entertainment includes tickets to movies, plays, concerts, sporting events, tourist attractions, theme parks, aquariums, zoos, dance clubs, pool halls and bowling alleys, as well as purchases at record and video stores. The Savor also earns an impressive 4% back on dining and entertainment. That is a decent rate of return and in line with competitors from other issuers such as the Chase Freedom Unlimited, but it's less than you can expect with the Citi® Double Cash Card.īy contrast, the Savor Rewards maintains a tiered earning structure that will most benefit folks whose major spending categories include dining and entertainment. The Quicksilver earns a flat 1.5% back on all purchases. Related reading: The ultimate guide to credit card application restrictions Earning ratesĮarning is another area where key differences between these two cards become evident. The issuer is also known to restrict consumers to opening just one new card every six months, so if you've applied for another product within that time frame, you might want to hold off. So if you have other Capital One cards open, such as the Capital One Venture Rewards Credit Card, your application might be denied. In general, you can only have two open personal Capital One credit cards at a time. Just remember that Capital One has some potentially confusing application rules that might restrict your eligibility for either card. However, if earning cash-back rewards is just a small part of a larger points strategy, you might be better off with the Quicksilver's lower spending requirements. If you intend to make one of these cards a primary fixture in your wallet, you might want to go for the higher bonus offer. Sign-up bonusīy signing up, you will receive newsletters and promotional content and agree to our Terms of Use and acknowledge the data practices in our privacy policy. The Quicksilver does not have an annual fee. Now for the details on each, and factors you might want to consider if you are thinking of applying for one of them. The card details on this page have not been reviewed or provided by the card issuer. The information for the Capital One Savor has been collected independently by The Points Guy. Travel accident, rental car insurance, extended warranty $200 after you spend $500 on purchases in the first three monthsģ% at grocery stores (excluding superstores like Walmart and Target)Īccess to premium dining and entertainment experiences $300 after you spend $3,000 on purchases in the first three months Here is a quick look at their respective benefits: They take the guesswork out of earning and redeeming, and typically offer a solid return on spending.Ĭapital One issues several of the best cash-back rewards cards, including the Capital One Savor Cash Rewards Credit Card and the Capital One Quicksilver Cash Rewards Credit Card ( not to be confused with the no-annual-fee Capital One SavorOne Cash Rewards Credit Card and the Capital One QuickSilverOne Cash Rewards Credit Card versions). For many consumers, these are the most useful types of travel credit cards. Then there are credit cards that earn cash-back points, which can be redeemed at fixed rates toward travel and other purchases. Cardholders can then convert them into airline miles or hotel points with a number of different travel partners. Others earn transferable points, such as American Express Membership Rewards or Chase Ultimate Rewards. Some are co-branded with a specific airline or hotel loyalty program. Travel rewards credit cards come in many forms. Some offers mentioned below are no longer available.
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